TOEWS HEDGED HIGH YIELD BOND FUND

Ticker: THHYX CUSIP: 66537V617 Class: BOND FUNDS

Freedom Investment Management, Inc.'s Holding History (CIK: 0001566653)

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

Q1 2018
Shares 267,038 Value ($000) $2,857 Avg Close — Range —
Q4 2017
Shares 282,520 Value ($000) $3,054 Avg Close — Range —
Q3 2017
Shares 276,259 Value ($000) $3,144 Avg Close — Range —
Q2 2017
Shares 220,974 Value ($000) $2,504 Avg Close — Range —
Q1 2017
Shares 203,415 Value ($000) $2,290 Avg Close — Range —
Q4 2016
Shares 203,196 Value ($000) $2,282 Avg Close — Range —
Q3 2016
Shares 153,558 Value ($000) $1,734 Avg Close — Range —
Q2 2016
Shares 125,085 Value ($000) $1,367 Avg Close — Range —
Q1 2016
Shares 183,213 Value ($000) $1,962 Avg Close — Range —
Q4 2015
Shares 140,669 Value ($000) $1,478 Avg Close — Range —
Q3 2015
Shares 7,062 Value ($000) $350 Avg Close — Range —
Q2 2015
Shares 69,951 Value ($000) $746 Avg Close — Range —
Q1 2015
Shares 64,537 Value ($000) $690 Avg Close — Range —
Q4 2014
Shares 31,165 Value ($000) $332 Avg Close — Range —