| GuidePath® Conservative Income Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2022 | | | |
| | | | |
| Number of Shares | | | | Value | |
| | | INVESTMENT COMPANIES - 46.45% | | | |
| | | Domestic Fixed Income Funds - 46.45% | | | |
| | 46,613 | | Invesco Senior Loan ETF (a) | | $ | 956,965 | |
| | 23,412 | | iShares 0-5 Year High Yield Corporate Bond ETF | | | 957,317 | |
| | 26,804 | | Schwab Short-Term U.S. Treasury ETF | | | 1,293,025 | |
| | 106,387 | | SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (a) | | | 3,233,101 | |
| | | | Total Investment Companies (Cost $6,468,916) | | | 6,440,408 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 52.69% | | | | |
| | | | Money Market Funds - 33.32% | | | | |
| | 4,620,515 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 4.22% (b)(c) | | | 4,620,515 | |
| | | | | | | | |
| Principal Amount | | | | | | |
| | | | U.S. Treasury Bills - 5.30% | | | | |
| | 750,000 | | 0.00%, 06/15/2023 | | | 734,898 | |
| | | | U.S. Treasury Notes - 14.07% | | | | |
| | 500,000 | | 2.500%, 03/31/2023 | | | 497,661 | |
| | 750,000 | | 1.375%, 09/30/2023 | | | 731,748 | |
| | 750,000 | | 0.500%, 11/30/2023 | | | 721,614 | |
| | | | | | | 1,951,023 | |
| | | | Total Short Term Investments (Cost $7,319,891) | | | 7,306,436 | |
| | | | | | | | |
| Number of Units | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 15.92% | | | | |
| | 2,207,725 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 4.49% (b) | | | 2,207,725 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $2,207,725) | | | 2,207,725 | |
| | | | | | | | |
| | | | Total Investments (Cost $15,996,532) - 115.06% | | | 15,954,569 | |
| | | | Liabilities in Excess of Other Assets - (15.06)% | | | (2,088,638 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 13,865,931 | |
| | | | | | | | |
| 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, 2022. | | | | |
| (c) | | Fair value of this security exceeds 25% of the Fund’s net assets. Additional information for this security, including financial statements, is available from the SEC’s EDGAR database at www.sec.gov. | | | | |
