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TOP EIGHT MODEL PORTFOLIO APRIL 2005
| 1. Medical Delivery (FSHCX) |
| 2. Energy (FSENX) |
| 3. Natural Gas (FSNGX) |
| 4. Energy Service (FSESX) |
| 5. Natural Resources (FNARX) |
| 6. Chemicals (FSCHX) |
| 7. Defense & Aerospace (FSDAX) |
| 8. Transportation (FSRFX) |
EXCHANGE FOR APRIL 4, 2005
| Sell Construction & Housing (FSHOX), |
| buy Defense & Aerospace (FSDAX) |
