TOP EIGHT MODEL PORTFOLIO MARCH 2002

1. Gold (FSAGX)

2. Construction & Housing (FSHOX)

3. Automotive (FSAVX)

4. Defense & Aerospace (FSDAX)

5. Industrial Materials (FSDPX)

6. Paper & Forest Products (FSPFX)

7. Insurance (FSPCX)

8. Energy Service (FSESX)

EXCHANGES FOR MARCH 5, 2002

Sell Transportation (FSRFX),

buy Paper & Forest Products (FSPFX)

Sell Business Services & Outsourcing (FBSOX),

buy Insurance (FSPCX)

Sell Home Finance (FSVLX),

buy Energy Service (FSESX)