| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CATERPILLAR INC NT - 5.700% - | 37,588 | 39,021 |
| GE CORP - 5.625% - 05/01/2018 | 47,542 | 45,935 |
| ORACLE CORP - 5.250% - 01/15/2 | 36,768 | 38,206 |
| WELLS FARGO - 5.625% - 12/11/2 | 36,408 | 40,117 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AETNA INC. | 34,704 | 72,637 |
| ALKERMES | 6,252 | 8,051 |
| ALLIANCE DATA SYSTEM CORP | 19,026 | 88,081 |
| ALTERA CORPORATION | 7,084 | 12,191 |
| AMERICAN TOWER REIT INC | 5,585 | 11,414 |
| AMERIPRISE FINANCIAL INC | 10,213 | 21,975 |
| AMERISOURCEBERGEN CORP | 8,755 | 16,734 |
| AMETEK INC. | 7,120 | 24,018 |
| AMPHENOL CORPORATION | 9,571 | 16,587 |
| ANADARKO PETROLEUM CORP | 40,923 | 49,575 |
| ANSYS INC. | 6,461 | 14,475 |
| APACHE CORPORATION | 33,768 | 35,235 |
| APPLE INC. | 61,988 | 96,494 |
| AUTOMATIC DATA PROCESSING INC. | 28,878 | 67,468 |
| AUTONATION INC | 9,338 | 12,721 |
| AUTOZONE INC | 8,429 | 33,456 |
| AVAGO TECHNOLOGIES LIMITED | 7,518 | 17,186 |
| AVALONBAY CMNTYS INC | 17,543 | 14,779 |
| BANK OF AMERICA CORP | 23,358 | 27,030 |
| BED BATH & BEYOND INC. | 9,021 | 20,396 |
| BERRY PLASTICS GROUP INC | 8,483 | 11,871 |
| BLACKROCK INC | 17,128 | 33,546 |
| BOEING CO | 25,923 | 47,772 |
| BROWN FORMAN CORP CL B | 6,896 | 14,056 |
| CABOT OIL & GAS CORP | 9,045 | 9,768 |
| CAPITAL ONE FINANCIAL CORP | 30,832 | 45,200 |
| CARDTRONICS INC | 9,959 | 14,773 |
| CATAMARAN CORP | 7,735 | 14,143 |
| CELANESE CORPORATION | 7,777 | 13,053 |
| CHARTER COMMUNICATIONS | 4,910 | 8,889 |
| CHECK POINT SOFTWARE TECHNOLOG | 32,740 | 46,956 |
| CHURCH & DWIGHT COMMON | 6,774 | 15,112 |
| CISCO SYSTEMS INC | 29,242 | 32,972 |
| CITIGROUP INC | 37,845 | 44,606 |
| CITRIX SYSTEMS INC | 38,298 | 38,772 |
| COGNIZANT TECHNOLOGY SOLUTIONS | 11,973 | 37,767 |
| COMCAST CORP CL A | 16,455 | 49,891 |
| CONCHO RESOURCES INC | 5,734 | 12,744 |
| COVIDIEN LTD | 26,856 | 42,903 |
| CROWN HOLDINGS INC | 39,454 | 49,918 |
| CVS CAREMARK CORP. | 25,816 | 44,731 |
| DANAHER CORP | 27,110 | 56,742 |
| DICK'S SPORTING GDS | 9,079 | 17,721 |
| DIRECTV GROUP | 21,085 | 29,696 |
| DISCOVERY COMMUNICATIONS, INC | 6,936 | 17,694 |
| DOLLAR GENERAL CORP | 31,138 | 41,621 |
| DOLLAR TREE INC. | 4,727 | 22,794 |
| DOVER CORP | 5,995 | 13,805 |
| EMC CORP-MASS | 38,817 | 40,743 |
| EPAM SYSTEMS INC. | 12,172 | 12,543 |
| EQT CORPORATION | 10,996 | 27,024 |
| EQUINIX, INC. | 6,177 | 12,422 |
| EXPRESS SCRIPTS HOLDING CO. | 50,360 | 79,441 |
| F M C CP | 7,522 | 15,092 |
| FIDELITY NATIONAL INFORMATION | 18,089 | 39,616 |
| FIDUCIARY CLAYMORE MLP OPP FD | 23,900 | 50,920 |
| FISERV INC | 30,711 | 88,574 |
| FLUOR CORP | 9,141 | 13,168 |
| FOOT LOCKER INC N.Y. COM | 9,606 | 12,681 |
| FRANKLIN HIGH INCOME FUND ADVI | 27,619 | 41,331 |
| FREEPORT-MCMORAN COPPER & GOLD | 35,154 | 39,250 |
| GAMESTOP CORP | 6,913 | 14,335 |
| GENERAL ELECTRIC CO | 81,597 | 70,916 |
| GOOGLE INC CL A | 32,346 | 66,122 |
| GRAINGER W W INC. | 6,331 | 18,901 |
| HEALTHSOUTH CP | 9,005 | 14,827 |
| HOME DEPOT INC. | 43,990 | 46,934 |
| HUBBELL CLASS B | 6,748 | 6,970 |
| HUMANA INC | 5,435 | 13,006 |
| IHS INC | 6,000 | 7,182 |
| INT'L FLAVORS & FRAGRANCES INC | 7,956 | 8,340 |
| INTERCONTINETALEXCHANGE INC | 6,889 | 16,644 |
| INTUITIVE SURGICAL, INC. | 5,903 | 7,298 |
| IVA INTERNATIONAL FUND CLASS I | 50,982 | 53,785 |
| JOHNSON & JOHNSON | 28,963 | 38,926 |
| JONES LANG LASALLE | 2,700 | 8,498 |
| JP MORGAN CHASE & CO | 38,272 | 61,696 |
| KANSAS CITY SOUTHERN | 4,580 | 15,355 |
| KELLOGG CO | 24,309 | 24,428 |
| KINDER MORGAN INC | 33,177 | 35,640 |
| LKQ CORPORATION | 7,009 | 8,850 |
| MARATHON OIL CORP COM | 38,042 | 37,242 |
| MARRIOTT INTERNATIONAL INC. CL | 11,174 | 16,286 |
| MCDONALD'S CORP | 28,756 | 35,416 |
| MCKESSON CORP | 4,915 | 20,498 |
| MEDIVATION, INC. | 6,942 | 7,148 |
| MEDNAX, INC. | 12,208 | 20,284 |
| MERCK & CO INC. | 24,081 | 43,143 |
| MICROCHIP TECHNOLOGY INC. | 15,186 | 22,375 |
| MICROSOFT CORPORATION | 35,590 | 52,748 |
| MOHAWK INDS INC | 6,777 | 14,592 |
| MONSTER BEVERAGE CORP | 4,067 | 17,620 |
| NETAPP, INC. | 18,099 | 19,953 |
| NOBLE ENERGY INC. | 7,587 | 12,260 |
| NXP SEMICONDUCTORS | 13,364 | 16,351 |
| ORACLE CORP | 43,827 | 80,155 |
| PANERA BREAD CO. CL. A. | 6,169 | 13,428 |
| PEPSICO INC | 15,660 | 20,901 |
| PETSMART INC. COM | 6,304 | 18,188 |
| PG & E CORP | 25,828 | 24,611 |
| PIONEER NAT RES CO | 10,819 | 19,143 |
| POLARIS INDUSTRIES | 11,927 | 13,836 |
| PRAXAIR INC. | 30,275 | 54,613 |
| PRECISION CASTPARTS | 3,242 | 10,233 |
| RANGE RESOURCES CORP DEL | 4,168 | 5,564 |
| REGENERON PHARMACEUTICALS, INC | 5,275 | 8,257 |
| REPUBLIC SVCS INC. | 25,737 | 31,175 |
| RESMED INC | 12,251 | 12,994 |
| ROCKWOOD HOLDINGS INC | 5,206 | 17,189 |
| ROPER INDUSTRIES NEW COMMON | 10,538 | 21,773 |
| ROSS STORES, INC. | 14,588 | 17,534 |
| SALLY BEAUTY HLDG | 6,664 | 10,188 |
| SBA COMMUNICATIONS | 11,250 | 18,866 |
| SHIRE PLC | 8,879 | 20,628 |
| SIMON PPTY GROUP INC | 35,424 | 34,084 |
| SKYWORKS SOLUTIONS, INC | 9,157 | 11,852 |
| STERICYCLE INC | 6,972 | 13,940 |
| STRYKER CORPORATION | 25,630 | 40,200 |
| T. ROWE PRICE ASSOCIATES | 9,256 | 14,744 |
| TARGET CORPORATION | 26,745 | 35,431 |
| TEAM HEALTH HOLDINGSINC COM | 12,333 | 16,352 |
| TERADATA CORPORATION | 22,293 | 19,561 |
| TIMKEN CO | 8,823 | 10,463 |
| TJX COMPANIES INC | 23,664 | 45,822 |
| TORTOISE ENERGY CAP CORP | 31,711 | 104,283 |
| TRACTOR SUPPLY CO | 8,888 | 16,137 |
| TRIUMPH GROUP INC | 8,488 | 14,986 |
| UNION PACIFIC | 26,421 | 34,440 |
| UNITED TECHNOLOGIES CORP | 42,130 | 62,021 |
| UNITEDHEALTH GROUP INC. | 17,703 | 48,945 |
| US BANCORP DEL | 30,830 | 37,572 |
| V F CORP | 12,874 | 34,162 |
| VANTIV INC - CLASS A | 13,646 | 19,827 |
| VIRTUS EMERGING MARKETS OPPTS | 100,018 | 91,494 |
| VISA INC | 12,096 | 36,742 |
| WALGREEN CO | 15,768 | 30,156 |
| WALT DISNEY HOLDINGS CO. | 35,582 | 42,402 |
| WELLS FARGO & CO. | 30,289 | 51,257 |
| WEX INC | 10,182 | 14,260 |
| WHIRLPOOL CORP | 10,056 | 15,059 |
| WILLIAMS COS | 26,617 | 47,055 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIGHTHOUSE GLOBAL LONG/SHORT F | 500,000 | 623,927 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 23,546 | 23,546 | ||
| Bank Charges | 1 | 1 | ||
| State or Local Filing Fees | 25 | 25 | ||
| MEMBERSHIP DUES AND EXPENSES | 2,725 | 2,725 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 16,866 | 16,866 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2013 | 2,200 | |||
| 990-PF Excise Tax for 2012 | 712 | |||
| Foreign Tax Paid | 1 | 1 |