FIDELITY COVINGTON TRUST

Ticker: FNCL CUSIP: 316092501 Class: MSCI FINLS IDX

High Falls Advisors, Inc's Holding History (CIK: 0001569139)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 55,354 Value ($000) $1,567 Avg Close — Range —

Q1 2016

Shares 48,187 Value ($000) $1,300 Avg Close — Range —

Q4 2015

Shares 55,354 Value ($000) $1,567 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	55,354	$1,567	—	—
Q1 2016	48,187	$1,300	—	—
Q4 2015	55,354	$1,567	—	—