GuidePath® Growth Allocation Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| June 30, 2020 | | | |
| | | | |
| Number of Shares | | | | Value | |
| | | INVESTMENT COMPANIES - 98.90% | | | |
| | | Exchange Traded Funds - 72.36% | | | |
| | 12,769 | | Invesco QQQ Trust Series 1 (a) | | $ | 3,161,604 | |
| | 873,249 | | iShares Core MSCI Emerging Markets ETF | | | 41,566,652 | |
| | 19,187 | | iShares Core MSCI Europe ETF | | | 820,436 | |
| | 600,726 | | iShares Core S&P Small-Cap ETF (a) | | | 41,023,579 | |
| | 172,619 | | iShares MSCI ACWI ETF (a) | | | 12,725,473 | |
| | 408,879 | | iShares MSCI Canada ETF (a) | | | 10,581,789 | |
| | 139,868 | | iShares MSCI Switzerland ETF | | | 5,449,257 | |
| | 788,977 | | Schwab U.S. Large-Cap ETF | | | 58,463,196 | |
| | 421,082 | | Schwab U.S. Large-Cap Growth ETF | | | 42,756,666 | |
| | 259,276 | | SPDR S&P 600 Small Cap Growth ETF (a) | | | 14,721,691 | |
| | 128,057 | | SPDR S&P China ETF | | | 13,435,740 | |
| | 97,299 | | Vanguard FTSE All World ex-US Small-Cap ETF | | | 9,401,029 | |
| | 2,123,993 | | Vanguard FTSE Developed Markets ETF | | | 82,389,689 | |
| | 187,318 | | Vanguard Global ex-U.S. Real Estate ETF | | | 8,740,258 | |
| | 166,179 | | Vanguard Real Estate ETF (a) | | | 13,050,037 | |
| | 212,511 | | Vanguard Russell 1000 Growth ETF (a) | | | 41,932,671 | |
| | 62,238 | | Vanguard Russell 2000 Growth ETF (a) | | | 9,374,910 | |
| | 454,876 | | Vanguard S&P 500 ETF (a) | | | 128,925,505 | |
| | 56,436 | | Vanguard Value ETF | | | 5,620,461 | |
| | | | | | | 544,140,643 | |
| | | | Mutual Funds - 26.54% | | | | |
| | 1,228,647 | | AMCAP Fund - Class F3 | | | 41,429,977 | |
| | 493,477 | | American Funds - EuroPacific Growth Fund - Class F3 | | | 26,124,698 | |
| | 644,913 | | American Funds - Fundamental Investors - Class F3 | | | 36,934,186 | |
| | 307,648 | | American Funds - SMALLCAP World Fund, Inc. - Class F3 | | | 18,723,483 | |
| | 780,645 | | American Funds - The Growth Fund of America - Class F3 | | | 42,740,294 | |
| | 342,402 | | American Funds - The Investment Company of America - Class F3 | | | 12,901,691 | |
| | 216,571 | | American Funds - The New Economy Fund - Class F2 | | | 10,339,107 | |
| | 217,954 | | American Funds - New Perspective Fund - Class F2 | | | 10,387,707 | |
| | | | | | | 199,581,143 | |
| | | | Total Investment Companies (Cost $599,617,797) | | | 743,721,786 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 1.04% | | | | |
| | | | Money Market Funds - 1.04% | | | | |
| | 7,845,909 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 0.12%, (b) | | | 7,845,909 | |
| | | | Total Short Term Investments (Cost $7,845,909) | | | 7,845,909 | |
| | | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 21.48% | | | | |
| | | | Investments Purchased with Proceeds from Securities Lending - 21.48% | | | | |
| | 161,552,526 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 0.33% (b) | | | 161,552,526 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending (Cost $161,552,526) | | | 161,552,526 | |
| | | | | | | | |
| | | | Total Investments (Cost $769,016,232) - 121.42% | | | 913,120,221 | |
| | | | Liabilities in Excess of Other Assets - (21.42)% | | | (161,108,144 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 752,012,077 | |
