POWERSHARES ETF TR II

CUSIP: 73936T557 Class: FDM HG YLD RAFI

Estate Counselors, LLC's Holding History (CIK: 0001559832)

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

Q1 2018
Shares 320,420 Value ($000) $5,931 Avg Close — Range —
Q4 2017
Shares 403,550 Value ($000) $7,647 Avg Close — Range —
Q3 2017
Shares 775,140 Value ($000) $14,790 Avg Close — Range —
Q2 2017
Shares 559,880 Value ($000) $10,649 Avg Close — Range —
Q1 2017
Shares 538,260 Value ($000) $10,125 Avg Close — Range —
Q4 2016
Shares 465,330 Value ($000) $8,744 Avg Close — Range —
Q3 2016
Shares 648,130 Value ($000) $12,230 Avg Close — Range —
Q2 2016
Shares 437,000 Value ($000) $8,041 Avg Close — Range —
Q1 2016
Shares 451,700 Value ($000) $8,040 Avg Close — Range —
Q4 2015
Shares 361,700 Value ($000) $6,308 Avg Close — Range —