GuidePath® Growth Allocation Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2021 | | | |
| | | | |
| Number of Shares | | | | Value | |
| | | INVESTMENT COMPANIES - 98.94% | | | |
| | | Exchange Traded Funds - 74.22% | | | |
| | 22,996 | | Invesco QQQ Trust Series 1 | | $ | 9,148,959 | |
| | 1,222,587 | | iShares Core MSCI Emerging Markets ETF | | | 73,184,058 | |
| | 42,465 | | iShares Core MSCI Europe ETF | | | 2,469,764 | |
| | 695,216 | | iShares Core S&P Small-Cap ETF (a) | | | 79,609,184 | |
| | 360,989 | | iShares MSCI ACWI ETF (a) | | | 38,185,416 | |
| | 210,681 | | iShares MSCI Switzerland ETF (a) | | | 11,109,209 | |
| | 265,109 | | JPMorgan Beta Builders Canada ETF (a) | | | 17,815,325 | |
| | 854,710 | | Schwab U.S. Large-Cap ETF (a) | | | 97,283,092 | |
| | 463,139 | | Schwab U.S. Large-Cap Growth ETF | | | 75,839,011 | |
| | 148,254 | | SPDR S&P 600 Small Cap Growth ETF (a) | | | 13,760,936 | |
| | 171,300 | | Vanguard FTSE All World ex-US Small-Cap ETF (a) | | | 22,947,348 | |
| | 2,612,804 | | Vanguard FTSE Developed Markets ETF (a) | | | 133,409,772 | |
| | 269,191 | | Vanguard Global ex-U.S. Real Estate ETF | | | 14,522,855 | |
| | 178,383 | | Vanguard Real Estate ETF (a) | | | 20,694,212 | |
| | 774,207 | | Vanguard Russell 1000 Growth ETF | | | 60,806,218 | |
| | 107,028 | | Vanguard Russell 2000 Growth (a) | | | 22,831,213 | |
| | 504,302 | | Vanguard S&P 500 ETF | | | 220,163,124 | |
| | 9,664 | | Vanguard Value ETF | | | 1,421,671 | |
| | | | | | | 915,201,367 | |
| | | | Mutual Funds - 24.72% | | | | |
| | 1,332,292 | | AMCAP Fund - Class F3 | | | 60,912,381 | |
| | 804,519 | | American Funds - Fundamental Investors - Class F3 | | | 61,071,008 | |
| | 490,598 | | American Funds - New Economy Fund - Class F3 | | | 30,471,032 | |
| | 459,289 | | American Funds - New Perspective Fund - Class F3 | | | 30,501,376 | |
| | 561,985 | | American Funds - Smallcap World Fund, Inc. - Class F3 | | | 45,919,786 | |
| | 1,022,451 | | American Funds - The Growth Fund of America - Class F3 | | | 75,968,133 | |
| | | | | | | 304,843,716 | |
| | | | Total Investment Companies (Cost $764,554,066) | | | 1,220,045,083 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 0.34% | | | | |
| | | | Money Market Funds - 0.34% | | | | |
| | 4,165,775 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 0.04% (b) | | | 4,165,775 | |
| | | | Total Short Term Investments (Cost $4,165,775) | | | 4,165,775 | |
| Number of Units | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 19.74% | | | | |
| | 243,366,260 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 0.12% (b) | | | 243,366,260 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $243,366,260) | | | 243,366,260 | |
| | | | | | | | |
| | | | Total Investments (Cost $1,012,086,101) - 119.02% | | | 1,467,577,118 | |
| | | | Liabilities in Excess of Other Assets - (19.02)% | | | (234,571,610 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 1,233,005,508 | |
| | | | | | | | |
| Percentages are stated as a percent of net assets. | | | | |
| (a) | | All or portion of this security is on loan. | | | | |
| (b) | | Seven-day yield as of December 31, 2021. | | | | |
