VANGUARD WORLD FDS

Ticker: VCR CUSIP: 92204A108 Class: CONSUM DIS ETF

TOEWS CORP /ADV's Holding History (CIK: 0000932000)

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

Q2 2015
Shares 2,168 Value ($000) $269 Avg Close — Range —
Q1 2015
Shares 2,168 Value ($000) $269 Avg Close — Range —