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As of 3/31/2014

Additional Fund Information

   
Inception Date: 10/24/2011
Expense Ratio (Gross): 4.25%
Expense Ratio (Capped): 1.20%
Ticker Symbol: WLVNX
CUSIP: 969251834

Fund Statistics

 
 
Total Net Assets ($Million): $5
Number Of Holdings: 74
Wgtd Avg Market Cap ($Billion): $86.4
Median Market Cap ($Billion): $26.7
P/E Ratio (Next 12 Months): 13.9
EPS Growth (Projected): 10.3%
Trailing 1-Year Turnover: 22.2%
Cash: 1.4%

Top 10 Holdings

Company Name
% of Fund
Exxon Mobil Corporation 3.4%
JPMorgan Chase & Co. 3.0%
Chevron Corporation 2.7%
Bank of America Corporation 2.7%
Pfizer Inc. 2.5%
Citigroup Inc. 2.5%
Merck & Co., Inc. 2.5%
General Electric Company 2.3%
American International Group, Inc. 1.9%
The Procter & Gamble Company 1.8%
Total Top 10 25.3%

Market Cap Diversification

Range
% of Fund
> $50.0B 44.8%
$15.0B - $50.0B 26.5%
$3.0B - $15.0B 26.8%
< $3.0B 1.9%
Total 100.0%

Sector Diversification

Sector Name
% of Fund
Financials 26.3%
Energy 14.2%
Health Care 12.6%
Information Technology 12.3%
Industrials 10.5%
Consumer Discretionary 6.2%
Consumer Staples 6.2%
Utilities 4.7%
Materials 3.9%
Telecommunication Services 3.1%
Percentage of Fund 100.0%

The Fund’s Adviser has contractually agreed to waive fees and/or reimburse expenses to limit fund operating expenses until 4/30/13.

Information about the Fund’s holdings should not be considered investment advice. There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change at any time.

Top ten holdings are shown as % of total net assets. Sector and market-cap diversification exclude cash equivalents.

Cash represents cash and any short-term or overnight investments held by the Fund. It does not reflect the impact of any executed investment trades that have not reached their settlement date by quarter end.

Weighted Average Market Capitalization: Market capitalization refers to the total market value of each company’s outstanding shares. The Weighted Average Market Capitalization for a portfolio is calculated as the average market capitalization of the stocks within the portfolio, weighted by the amount of each stock owned. Unweighted Median Market Capitalization: This calculation represents the median market capitalization of the stocks in the portfolio, regardless of the amount of each stock owned. P/E (Price/Earnings) Ratio: This ratio is a measure of valuation. It relates the price of the stock to the earnings per share (EPS) of the company. A stock with a higher P/E ratio would be considered more expensive relative to another stock with a lower P/E. An investor may pay a higher P/E for a stock for several reasons including, but not limited to, an expectation that the company possesses higher returns on invested capital, less economic sensitivity, higher consistency of earnings and/or higher earnings growth potential. Data is calculated in FactSet. EPS (Earnings Per Share) Growth Rate (Projected): This measure represents the weighted average of forecasted growth in earnings expected to be experienced by the stocks within the portfolio over the next 3-5 years. From a portfolio perspective, the portfolio P/E ratio and EPS Growth Rate are weighted averages of the individual holdings’ P/E ratios and EPS Growth Rates. Data is calculated in FactSet. Trailing 1-Year Turnover: This figure reflects the portfolio’s trading activity by calculating the amount of the portfolio’s holdings bought or sold over the prior year, expressed as a percentage of the portfolio’s average market value. Turnover figures may be related to the amount of trading costs experienced by the portfolio.