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TOP EIGHT MODEL PORTFOLIO MAY 2010
| 1. Transportation (FSRFX) |
| 2. Air Transportation (FSAIX) |
| 3. Automotive (FSAVX) |
| 4. Banking (FSRBX) |
| 5. Industrial Equipment (FSCGX) |
| 6. Multimedia (FBMPX) |
| 7. Industrials (FCYIX) |
| 8. Construction & Housing (FSHOX) |
EXCHANGE FOR MAY 5, 2010
| Sell Defense & Aerospace (FSDAX), |
| buy Construction & Housing (FSHOX) |
