GuidePath® Tactical Allocation Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2020 | | | |
| | | | |
| Number of Shares | | | | Value | |
| | | COMMON STOCKS - 69.94% | | | |
| | | Biotechnology - 5.90% | | | |
| | 41,757 | | Biogen, Inc. (a) | | $ | 10,224,619 | |
| | 21,244 | | Regeneron Pharmaceuticals, Inc. (a) | | | 10,263,189 | |
| | 36,094 | | United Therapeutics Corp. (a) | | | 5,478,708 | |
| | | | | | | 25,966,516 | |
| | | | Building Products - 0.73% | | | | |
| | 85,525 | | Carrier Global Corp. | | | 3,226,003 | |
| | | | | | | | |
| | | | Capital Markets - 3.69% | | | | |
| | 20,727 | | FactSet Research Systems, Inc. | | | 6,891,727 | |
| | 8,112 | | MarketAxess Holdings, Inc. | | | 4,628,383 | |
| | 16,169 | | Moody's Corp. | | | 4,692,891 | |
| | | | | | | 16,213,001 | |
| | | | Containers & Packaging - 0.83% | | | | |
| | 98,697 | | Silgan Holdings, Inc. | | | 3,659,685 | |
| | | | | | | | |
| | | | Diversified Financial Services - 0.74% | | | | |
| | 55,067 | | Voya Financial, Inc. | | | 3,238,490 | |
| | | | | | | | |
| | | | Entertainment - 2.16% | | | | |
| | 34,629 | | Activision Blizzard, Inc. | | | 3,215,302 | |
| | 43,648 | | Electronic Arts, Inc. | | | 6,267,853 | |
| | | | | | | 9,483,155 | |
| | | | Food & Staples Retailing - 0.73% | | | | |
| | 100,864 | | The Kroger Co. (b) | | | 3,203,441 | |
| | | | | | | | |
| | | | Food Products - 1.23% | | | | |
| | 149,572 | | Conagra Brands, Inc. | | | 5,423,481 | |
| | | | | | | | |
| | | | Health Care Equipment & Supplies - 2.13% | | | | |
| | 6,138 | | Align Technology, Inc. (a) | | | 3,280,024 | |
| | 12,157 | | IDEXX Laboratories, Inc. (a) | | | 6,076,920 | |
| | | | | | | 9,356,944 | |
| | | | Health Care Providers & Services - 5.84% | | | | |
| | 188,900 | | Centene Corp. (a) | | | 11,339,667 | |
| | 210,205 | | CVS Health Corp. | | | 14,357,001 | |
| | | | | | | 25,696,668 | |
| | | | Hotels, Restaurants & Leisure - 0.74% | | | | |
| | 24,677 | | Marriott International, Inc. - Class A | | | 3,255,390 | |
| | | | | | | | |
| | | | Household Durables - 0.71% | | | | |
| | 40,819 | | Lennar Corp. - Class A | | | 3,111,632 | |
| | | | | | | | |
| | | | Household Products - 2.80% | | | | |
| | 61,052 | | Clorox Co. (b) | | | 12,327,620 | |
| | | | | | | | |
| | | | Insurance - 5.58% | | | | |
| | 300,607 | | Aflac, Inc. | | | 13,367,993 | |
| | 68,085 | | Progressive Corp. | | | 6,732,245 | |
| | 56,810 | | Prudential Financial, Inc. | | | 4,435,157 | |
| | | | | | | 24,535,395 | |
| | | | Interactive Media & Services - 2.12% | | | | |
| | 34,176 | | Facebook, Inc. - Class A (a) | | | 9,335,516 | |
| | | | | | | | |
| | | | Internet & Direct Marketing Retail - 0.72% | | | | |
| | 63,019 | | eBay, Inc. | | | 3,166,705 | |
| | | | | | | | |
| | | | IT Services - 3.62% | | | | |
| | 194,161 | | Cognizant Technology Solutions Corp. - Class A | | | 15,911,494 | |
| | | | | | | | |
| | | | Life Sciences Tools & Services - 3.45% | | | | |
| | 27,141 | | Agilent Technologies, Inc. | | | 3,215,937 | |
| | 20,530 | | Bio-Rad Laboratories, Inc. - Class A (a) | | | 11,967,758 | |
| | | | | | | 15,183,695 | |
| | | | Machinery - 1.49% | | | | |
| | 38,283 | | Snap-on, Inc. (b) | | | 6,551,753 | |
| | | | | | | | |
| | | | Media - 2.11% | | | | |
| | 354,377 | | Discovery, Inc. - Class C (a) | | | 9,281,134 | |
| | | | | | | | |
| | | | Metals & Mining - 2.68% | | | | |
| | 196,889 | | Newmont Corp. | | | 11,791,682 | |
| | | | | | | | |
| | | | Multiline Retail - 7.09% | | | | |
| | 176,623 | | Target Corp. | | | 31,179,258 | |
| | | | | | | | |
| | | | Multi-Utilities - 0.73% | | | | |
| | 26,557 | | DTE Energy Co. | | | 3,224,285 | |
| | | | | | | | |
| | | | Oil, Gas & Consumable Fuels - 0.71% | | | | |
| | 192,118 | | Cabot Oil & Gas Corp. (b) | | | 3,127,681 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 2.89% | | | | |
| | 119,056 | | Intel Corp. | | | 5,931,370 | |
| | 75,480 | | Marvell Technology Group Ltd. - ADR | | | 3,588,319 | |
| | 20,875 | | Skyworks Solutions, Inc. | | | 3,191,370 | |
| | | | | | | 12,711,059 | |
| | | | Software - 2.72% | | | | |
| | 87,634 | | Cadence Design Systems, Inc. (a) | | | 11,955,907 | |
| | | | | | | | |
| | | | Technology Hardware, Storage & Peripherals - 3.97% | | | | |
| | 131,563 | | Apple, Inc. | | | 17,457,094 | |
| | | | | | | | |
| | | | Trading Companies & Distributors - 1.83% | | | | |
| | 34,592 | | United Rentals, Inc. (a) | | | 8,022,231 | |
| | | | Total Common Stocks (Cost $287,794,414) | | | 307,596,915 | |
| | | | | | | | |
| | | | INVESTMENT COMPANIES - 27.07% | | | | |
| | | | Exchange Traded Funds - 27.07% | | | | |
| | 777,971 | | ProShares UltraPro S&P 500 ETF (b) | | | 59,794,851 | |
| | 172,440 | | Vanguard S&P 500 ETF | | | 59,265,904 | |
| | | | Total Investment Companies (Cost $115,802,275) | | | 119,060,755 | |
| | | | | | | | |
| | | | REAL ESTATE INVESTMENT TRUSTS - 1.03% | | | | |
| | | | Real Estate Investment Trusts - 1.03% | | | | |
| | 536,311 | | Annaly Capital Management, Inc. | | | 4,531,828 | |
| | | | Total Real Estate Investment Trusts (Cost $4,475,562) | | | 4,531,828 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 2.00% | | | | |
| | | | Money Market Funds - 2.00% | | | | |
| | 8,802,617 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 0.03% (c) | | | 8,802,617 | |
| | | | Total Short Term Investments (Cost $8,802,617) | | | 8,802,617 | |
| | | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 6.64% | | | | |
| | | | Investments Purchased with Proceeds from Securities Lending Collateral - 6.64% | | | | |
| | 29,195,760 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 0.16% (c) | | | 29,195,760 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $29,195,760) | | | 29,195,760 | |
| | | | | | | | |
| | | | Total Investments (Cost $446,070,628) - 106.68% | | | 469,187,875 | |
| | | | Liabilities in Excess of Other Assets - (6.68)% | | | (29,362,256 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 439,825,619 | |
