GuidePath® Growth Allocation Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2020 | | | | | |
| | | | | | |
Number of Shares | | | | Value | |
| | | INVESTMENT COMPANIES - 99.03% | | | |
| | | Exchange Traded Funds - 73.92% | | | |
| | 25,006 | | Invesco QQQ Trust Series 1 | | $ | 7,845,382 | |
| | 902,666 | | iShares Core MSCI Emerging Markets ETF | | | 56,001,399 | |
| | 39,857 | | iShares Core MSCI Europe ETF | | | 2,043,867 | |
| | 640,703 | | iShares Core S&P Small-Cap ETF (a) | | | 58,880,606 | |
| | 350,127 | | iShares MSCI ACWI ETF (a) | | | 31,763,521 | |
| | 176,578 | | iShares MSCI Switzerland ETF | | | 7,889,505 | |
| | 481,395 | | JPMorgan BetaBuilders Canada ETF | | | 12,915,828 | |
| | 804,703 | | Schwab U.S. Large-Cap ETF (a) | | | 73,187,738 | |
| | 502,016 | | Schwab U.S. Large-Cap Growth ETF (a) | | | 64,463,875 | |
| | 272,900 | | SPDR S&P 600 Small Cap Growth ETF | | | 20,841,373 | |
| | 132,181 | | SPDR S&P China ETF (a) | | | 17,211,288 | |
| | 106,465 | | Vanguard FTSE All World ex-US Small-Cap ETF | | | 12,971,696 | |
| | 2,247,751 | | Vanguard FTSE Developed Markets ETF (a) | | | 106,116,325 | |
| | 200,552 | | Vanguard Global ex-U.S. Real Estate ETF | | | 10,891,979 | |
| | 193,150 | | Vanguard Real Estate ETF (a) | | | 16,404,229 | |
| | 259,969 | | Vanguard Russell 1000 Growth ETF (a) | | | 64,422,918 | |
| | 65,766 | | Vanguard Russell 2000 Growth (a) | | | 13,715,499 | |
| | 531,736 | | Vanguard S&P 500 ETF | | | 182,752,346 | |
| | 62,239 | | Vanguard Value ETF (a) | | | 7,403,951 | |
| | | | | | | 767,723,325 | |
| | | | Mutual Funds - 25.11% | | | | |
| | 1,627,326 | | AMCAP Fund - Class F3 | | | 63,774,898 | |
| | 742,325 | | American Funds - Fundamental Investors - Class F3 | | | 51,302,081 | |
| | 337,865 | | American Funds - SMALLCAP World Fund, Inc. - Class F3 | | | 27,292,720 | |
| | 975,691 | | American Funds - The Growth Fund of America - Class F3 | | | 65,898,145 | |
| | 441,284 | | American Funds - New Economy Fund - Class F2 | | | 26,203,453 | |
| | 437,754 | | American New Perspective Fund - Class F2 | | | 26,370,290 | |
| | | | | | | 260,841,587 | |
| | | | Total Investment Companies (Cost $709,780,154) | | | 1,028,564,912 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 0.62% | | | | |
| | | | Money Market Funds - 0.62% | | | | |
| | 6,484,502 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 0.03% (b) | | | 6,484,502 | |
| | | | Total Short Term Investments (Cost $6,484,502) | | | 6,484,502 | |
| | | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL- 21.09% | | | | |
| | | | Investments Purchased with Proceeds from Securities Lending Collateral - 21.09% | | | | |
| | 219,016,922 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 0.16% (b) | | | 219,016,922 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $219,016,922) | | | 219,016,922 | |
| | | | | | | | |
| | | | Total Investments (Cost $935,281,578) - 120.74% | | | 1,254,066,336 | |
| | | | Liabilities in Excess of Other Assets - (20.74)% | | | (215,379,691 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 1,038,686,645 | |
