FUND EVALUATION GROUP, LLC Information

201 EAST FIFTH STREET, SUITE 1600, CINCINNATI, Ohio, 45202, (513) 977-4400

Report Date: 12/31/2014

Position Statistics

Total Positions 13
New Positions 1
Increased Positions 5
Decreased Positions 4
Positions with Activity 9
Sold Out Positions 1
Total Mkt Value (in $ millions) 335

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 98.71%
Healthcare
Services 1.07%
Technology 0.22%
Transportation
Utilities

13 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ISHARES TR RUS MID-CAP ETF 144,593 10,872 8.13 824,265
JPMORGAN CHASE & CO ALERIAN ML ETN 76,124 1,944 2.62 1,702,232
POWERSHARES DB CMDTY IDX TRACK UNIT BEN INT 69,743 7,575 12.18 3,874,622
ISHARES 1-3 YR CR BD ETF 26,913 26,913 New 254,643
ISHARES TR RUS 2000 VAL ETF 3,800 -73 (1.89) 36,615
ISHARES TR MSCI EMG MKT ETF 3,228 -118 (3.52) 73,615
ISHARES EAFE SML CP ETF 3,130 -18 (0.56) 60,227
WISDOMTREE TR EMG MKTS SMCAP 3,100 14 .44 65,570
COMCAST CORP NEW CL A SPL 1,918 New 32,401
SCRIPPS NETWORKS INTERACT INC CL A COM 1,678 New 24,000
HILL ROM HLDGS INC COM 734 New 14,128
FIFTH THIRD BANCORP COM 204 New 10,450
ISHARES MSCI EM VAL ETF -2,771 Sold Out 0