| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ALGER SMALL AND MID CAP | AT COST | 18,544 | 0 |
| COLUMBIA MID CAP VALUE | AT COST | 183,447 | 0 |
| DELAWARE AMERICAN SERVICES FD | AT COST | 636,432 | 0 |
| DWS DREMAN HIGH RET EQT | AT COST | 225,302 | 0 |
| HARTFORD SMALL CO FD | AT COST | 106,676 | 0 |
| THORNBURG CORE GROWTH FD | AT COST | 95,066 | 0 |
| GOLD | AT COST | 730,029 | 0 |
| ABERDEEN SMALL CAP | AT COST | 72,545 | 0 |
| VAN ECK GLOBAL HARD ASSETS FUND | AT COST | 119,961 | 0 |
| GOLDMAN SACHS EMERGENCY MARKETS | AT COST | 105,000 | 0 |
| HEALTHCARE TRUST | AT COST | 544,750 | 0 |
| ARC HEALTHCARE TRUST | AT COST | 654,721 | 0 |
| AMERICAN RC TRUST III | AT COST | 633,762 | 0 |
| CATAMARAN CORP COM | AT COST | 165,486 | 0 |
| ISHARES TR BARCLAYS 7-10 BD | AT COST | 216,561 | 0 |
| LIBERTY INTERACTIVE CORP | AT COST | 199,522 | 0 |
| LENNAR CORP | AT COST | 191,726 | 0 |
| ARC TRUST IV | AT COST | 1,024,038 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME TAXES WITHHELD | 9 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES | 346 | 346 | 0 | |
| LEGAL FEES | 796 | 796 | 0 | |
| BANK/ADVISORY FEES | 2,353 | 2,353 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SUBSTITUTE PAYMENT | 9,442 | 9,442 | 9,442 |
| TRANSAMERICA | 41,811 | 41,811 | 41,811 |
| ARC HEALTHCARE TRUST INC | 31,222 | 31,222 | 31,222 |
| ARC TRUST III INC | 9,129 | 9,129 | 9,129 |
| ARC TRUST IV INC | 28,229 | 28,229 | 28,229 |
| TRANSAMERICA | 59,884 | 59,884 | 59,884 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MARGIN | 2,338,053 | 1,041,547 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 5,913 | 5,913 | 0 |