portfolio

Allegiant Ohio Municipal Money Market Fund is for investors who are looking for an alternative to a traditional money market fund that provides income free of state and federal taxes. This Fund invests in short-term, tax-exempt debt obligations issued primarily by the State of Ohio.

Top 10 Issuers (%)*

as of 12/31/2008

*Sector weightings and top ten holdings are subject to change, for illustrative purposes only and are not a permanent reflection of the fund.

Asset Allocation (%)
BOND 70.57
CASH EQUIVALENTS & OTHER 29.43
Asset Allocation weightings may not total 100%
Sector Weightings (%)*
Revenue Bonds - Hospital 28.31
Revenue Bonds - Education 27.47
General Obligations 10.75
Tax Exempt Commercial Paper 7.97
Revenue Bonds - Pollution Control 7.09
Anticipation Notes 4.32
Municipals 3.42
Revenue Bonds - Industrial Development 3.26
Revenue Bonds - Public Facilities 3.25
Revenue Bonds - Other 2.53
Revenue Bonds - Transportation 1.63
Portfolio Management
Patrick J. Azouri, CFA
Portfolio Manager, Tax-exempt
Cynthia D. Cole
Senior Portfolio Manager, Fixed Income
Keith L. Erwin
Portfolio Manager, Municipal