VALMARK ADVISERS, INC. Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 55
New Positions 1
Increased Positions 29
Decreased Positions 17
Positions with Activity 46
Sold Out Positions 3
Total Mkt Value (in $ millions) 4,241

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

Sector Weighting

Basic Materials 0.14%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 0.01%
Energy 0.01%
Financial 89.82%
Healthcare
Services
Technology 0.04%
Transportation
Utilities 0.01%

29 INCREASED Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ISHARES TR S&P 500 VAL ETF 511,823 6,375 1.26 5,391,018
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US 510,496 26,393 5.45 10,706,716
ISHARES TR CORE S&P SCP ETF 372,337 18,588 5.26 3,245,615
ISHARES TR CORE S&P MCP ETF 369,246 12,490 3.50 2,524,692
FLEXSHARES TR IBOXX 3R TARGT 312,089 9,169 3.03 12,869,629
ISHARES TR IBOXX INV CP ETF 195,472 5,223 2.75 1,642,621
ISHARES IBOXX HI YD ETF 174,646 7,127 4.26 1,941,159
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 163,340 5,922 3.76 4,079,431
PIMCO ETF TR 1-5 US TIP IDX 130,018 4,466 3.56 2,521,691
SPDR INDEX SHS FDS DJ INTL RL ETF 124,824 6,867 5.82 2,959,311
SPDR SERIES TRUST DJ REIT ETF 111,513 3,504 3.24 1,212,097
FLEXSHARES TR MORNSTAR UPSTR 111,115 6,018 5.73 3,487,614
WISDOMTREE TR EM LCL DEBT FD 100,142 5,208 5.49 2,418,885
ISHARES 3-7 YR TR BD ETF 86,902 1,971 2.32 713,712
SPDR SERIES TRUST BARC SHT TR CP 80,077 1,676 2.14 2,618,595
VANGUARD INTL EQUITY INDEX FD FTSE SMCAP ETF 77,874 4,990 6.85 806,235
CLAYMORE EXCHANGE TRD FD TR 2 GUGG TIMBER ETF 77,669 4,323 5.89 3,183,174
SPDR SERIES TRUST BARCLYS TIPS ETF 68,031 3,321 5.13 1,222,474
POWERSHARES ETF TRUST II SENIOR LN PORT 58,463 1,986 3.52 2,442,079
VANGUARD WORLD FDS MATERIALS ETF 26,691 326 1.24 245,483