VALMARK ADVISERS, INC. Information

130 SPRINGSIDE DRIVE, AKRON, Ohio, 44333, (330) 576-1234

Report Date: 06/30/2014

Position Statistics

Total Positions 56
New Positions 2
Increased Positions 33
Decreased Positions 13
Positions with Activity 46
Sold Out Positions 2
Total Mkt Value (in $ millions) 4,169

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

Sector Weighting

Basic Materials 0.12%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 0.01%
Energy 0.01%
Financial 89.29%
Healthcare
Services 0%
Technology 0.03%
Transportation
Utilities 0.01%

33 INCREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US 534,361 18,626 3.61 10,153,166
ISHARES TR S&P 500 VAL ETF 486,122 93,420 23.79 5,323,867
ISHARES TR S&P 500 GRWT ETF 450,317 10,544 2.40 4,240,272
ISHARES TR CORE S&P SCP ETF 332,780 3,294 1 3,083,582
FLEXSHARES TR IBOXX 3R TARGT 313,787 13,520 4.50 12,491,537
ISHARES TR IBOXX INV CP ETF 190,760 7,771 4.25 1,598,727
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 177,469 3,941 2.27 3,931,524
ISHARES IBOXX HI YD ETF 174,575 9,723 5.90 1,861,940
PIMCO ETF TR 1-5 US TIP IDX 130,081 7,885 6.45 2,435,066
FLEXSHARES TR MORNSTAR UPSTR 125,318 2,983 2.44 3,298,712
SPDR INDEX SHS FDS DJ INTL RL ETF 124,781 1,846 1.50 2,796,517
WISDOMTREE TR EM LCL DEBT FD 108,967 3,894 3.71 2,293,080
SPDR SERIES TRUST DJ REIT ETF 99,779 2,083 2.13 1,174,009
ISHARES 3-7 YR TR BD ETF 84,686 3,791 4.69 697,524
VANGUARD INTL EQUITY INDEX FD FTSE SMCAP ETF 83,471 2,967 3.69 754,575
SPDR SERIES TRUST BARC SHT TR CP 78,811 4,187 5.61 2,563,790
CLAYMORE EXCHANGE TRD FD TR 2 GUGG TIMBER ETF 74,849 4,671 6.66 3,005,995
SPDR SERIES TRUST BARCLYS TIPS ETF 66,872 2,298 3.56 1,162,797
POWERSHARES ETF TRUST II SENIOR LN PORT 58,388 2,762 4.97 2,359,124
VANGUARD WORLD FDS MATERIALS ETF 27,279 625 2.35 242,482