GuidePath® Managed Futures Strategy Fund | |||||||
| Consolidated Schedule of Investments (Unaudited) | |||||||
| December 31, 2023 | |||||||
Principal Amount | Value | ||||||
| SHORT TERM INVESTMENTS - 90.27% | |||||||
| Certificates of Deposit - 56.57% | |||||||
| Bank Of America NA | |||||||
| $ | 10,000,000 | 5.800%, 04/10/2024 | $ | 10,007,224 | |||
| 10,000,000 | 6.040%, 04/12/2024 | 10,013,522 | |||||
| Bank of Montreal | |||||||
| 7,000,000 | 5.770% (SOFR + 0.370%), 01/03/2024 (a) | 7,000,000 | |||||
| 8,000,000 | 6.050% (SOFR + 0.650%), 06/14/2024 (a) | 8,013,047 | |||||
| Bank of Nova Scotia | |||||||
| 5,000,000 | 5.820% (SOFR + 0.420%), 01/26/2024 (a) | 5,000,000 | |||||
| 10,000,000 | 5.970% (SOFR + 0.570%), 08/21/2024 (a) | 10,015,107 | |||||
| CIBC | |||||||
| 5,000,000 | 5.600%, 03/06/2024 | 4,998,985 | |||||
| 10,000,000 | 5.810%, 03/26/2024 | 10,003,934 | |||||
| 5,000,000 | 5.840%, 05/13/2024 | 5,006,089 | |||||
| 16,000,000 | Commonwealth Bank of Australia | ||||||
| 5.390%, 03/28/2024 | 16,000,166 | ||||||
| 6,000,000 | DG Bank | ||||||
| 5.300%, 06/03/2024 | 6,000,720 | ||||||
| 5,000,000 | Mitsubishi Trust and Banking Corp. | ||||||
| 5.650%, 02/09/2024 | 5,000,053 | ||||||
| Mizuho Bank, Ltd. | |||||||
| 10,000,000 | 5.350%, 02/07/2024 | 10,000,000 | |||||
| 10,000,000 | 5.700%, 02/07/2024 | 10,000,000 | |||||
| 10,000,000 | MUFG Bank, Ltd. | ||||||
| 5.650%, 01/08/2024 | 10,000,019 | ||||||
| Nordea Bank | |||||||
| 5,000,000 | 5.670% (SOFR + 0.270%), 02/16/2024 (a) | 5,000,000 | |||||
| 5,000,000 | 5.920% (SOFR + 0.520%), 03/08/2024 (a) | 5,003,848 | |||||
| 10,000,000 | 5.960% (SOFR + 0.560%), 10/23/2024 (a) | 10,020,376 | |||||
| Oversea Chinese Banking Corp., Ltd. | |||||||
| 3,000,000 | 5.620%, 02/01/2024 | 3,000,025 | |||||
| 17,000,000 | 5.700%, 03/01/2024 | 17,004,642 | |||||
| Royal Bank of Canada | |||||||
| 10,000,000 | 5.830%, 07/23/2024 | 10,024,573 | |||||
| 10,000,000 | 5.960%, 09/20/2024 | 10,045,936 | |||||
| Sumitomo Mitsui Banking Corp. | |||||||
| 20,000,000 | 5.310%, 01/04/2024 | 20,000,000 | |||||
| 5,000,000 | 5.600% (SOFR + 0.300%), 02/07/2024 (a) | 5,000,000 | |||||
| 10,000,000 | Svenska Handelsbanken | ||||||
| 5.860% (SOFR + 0.540%), 10/04/2024 (a) | 10,019,687 | ||||||
| Toronto Dominion Bank | |||||||
| 7,000,000 | 5.890%, 05/22/2024 | 7,008,684 | |||||
| 2,000,000 | 5.701%, 07/02/2024 (d) | 2,004,060 | |||||
| 11,000,000 | 5.970%, 10/07/2024 | 11,053,673 | |||||
| Westpac Banking Corp. | |||||||
| 5,000,000 | 5.630% (SOFR + 0.230%), 02/22/2024 (a) | 5,000,045 | |||||
| 10,000,000 | 5.880% (SOFR + 0.480%), 04/04/2024 (a) | 10,008,955 | |||||
| 5,000,000 | 5.840%, 08/15/2024 | 5,013,579 | |||||
| 262,266,949 | |||||||
Number of Shares | |||||||
| Money Market Funds - 5.83% | |||||||
| 26,998,194 | JPMorgan U.S. Government Money Market Fund | ||||||
| Effective Yield, 5.29% (b)(c) | 26,998,194 | ||||||
| 26,998,194 | |||||||
Principal Amount | |||||||
| U.S. Treasury Bills - 27.87% | |||||||
| $ | 15,000,000 | 5.485%, 01/02/2024 (d) | 14,997,786 | ||||
| 10,000,000 | 5.414%, 01/04/2024 (d) | 9,995,608 | |||||
| 17,000,000 | 5.483%, 01/16/2024 (d) | 16,962,417 | |||||
| 5,000,000 | 5.459%, 01/18/2024 (d) | 4,987,480 | |||||
| 16,000,000 | 5.358%, 01/23/2024 (d) | 15,948,667 | |||||
| 6,000,000 | 5.378%, 01/30/2024 (d) | 5,974,637 | |||||
| 13,000,000 | 5.371%, 02/01/2024 (d) | 12,941,249 | |||||
| 3,000,000 | 5.424%, 02/08/2024 (d) | 2,983,328 | |||||
| 3,000,000 | 5.490%, 02/15/2024 (d) | 2,980,284 | |||||
| 4,000,000 | 5.394%, 02/22/2024 (d) | 3,969,753 | |||||
| 8,000,000 | 5.513%, 02/27/2024 (d) | 7,932,518 | |||||
| 5,000,000 | 5.426%, 03/19/2024 (d) | 4,944,445 | |||||
| 10,000,000 | 5.388%, 03/28/2024 (d) | 9,875,975 | |||||
| 10,000,000 | 5.389%, 04/16/2024 (d) | 9,848,236 | |||||
| 5,000,000 | 5.307%, 06/20/2024 (d) | 4,880,906 | |||||
| 129,223,289 | |||||||
| Total Short Term Investments (cost $418,216,614) | 418,488,432 | ||||||
| Total Investments (Cost $418,216,614) - 90.27% | 418,488,432 | ||||||
| Liabilities in Excess of Other Assets - 9.73% | 45,115,691 | ||||||
| TOTAL NET ASSETS - 100.00% | $ | 463,604,123 | |||||
| Percentages are stated as a percent of net assets. | |||||||
| (a) | Variable rate security based on a reference index and spread. Certain securities are fixed to variable and currently in the fixed phase. The rate reported is the rate in effect as of December 31, 2023. | ||||||
| (b) | Seven-day yield as of December 31, 2023. | ||||||
| (c) | All or a portion of this security is held by GuidePath Managed Futures Strategy Cayman Fund Ltd. | ||||||
| (d) | Zero coupon bond. The effective yield is listed. | ||||||
| GuidePath Managed Futures Strategy Fund | |||
| CONSOLIDATED SCHEDULE OF OPEN FUTURES CONTRACTS (Unaudited) | |||
| December 31, 2023 | |||
| Description | Number of Contracts Purchased / (Sold) | Long/Short | Notional Value | Settlement Month | Value / Unrealized Appreciation (Depreciation) | |||
| 3 Month CORRA Futures | 8 | Long | $1,437,304 | Jun-24 | $ | (1,408) | ||
| 3 Month SOFR Futures | 95 | Long | 22,677,688 | Sep-24 | 1,556 | |||
| Australian Dollar Futures | 129 | Long | 8,811,345 | Mar-24 | 12,473 | |||
| Brazilian Real Futures | 205 | Long | 4,221,975 | Jan-24 | 31,888 | |||
| British Pound Futures | 469 | Long | 37,376,369 | Mar-24 | 482,928 | |||
| CAC40 Index Futures | 136 | Long | 11,342,842 | Jan-24 | 3,688 | |||
| Canadian 10-Year Bond Futures | 68 | Long | 6,372,771 | Mar-24 | (4,855) | |||
| Canadian Dollar Futures | 281 | Long | 21,250,625 | Mar-24 | (57,657) | |||
| Cocoa Futures (a) | 170 | Long | 7,133,200 | Mar-24 | 97,627 | |||
| Coffee 'C' Futures (a) | 73 | Long | 5,154,713 | Mar-24 | 374,169 | |||
| Copper Futures (a) | 5 | Long | 486,313 | Mar-24 | (5,167) | |||
DAX® Index Futures | 31 | Long | 14,470,078 | Mar-24 | 6,604 | |||
| DJIA E-Mini CBOT Futures | 223 | Long | 42,383,380 | Mar-24 | 1,512,864 | |||
| E-mini NASDAQ 100 Futures | 91 | Long | 30,982,770 | Mar-24 | 1,166,612 | |||
| E-mini Russell 2000 Futures | 106 | Long | 10,852,810 | Mar-24 | 158,973 | |||
| E-mini S&P 500 Futures | 186 | Long | 44,826,000 | Mar-24 | 1,226,400 | |||
| E-mini S&P Mid Cap 400 Futures | 41 | Long | 11,518,950 | Mar-24 | 367,480 | |||
| Euribor 3 Month Futures | 184 | Long | 48,943,301 | Mar-24 | 16,780 | |||
| Euro Fx Futures | 133 | Long | 18,412,188 | Mar-24 | 25,634 | |||
Euro Stoxx 50® Index Futures | 424 | Long | 21,264,594 | Mar-24 | (67,969) | |||
| Euro Stoxx 600 Futures | 276 | Long | 7,309,503 | Mar-24 | 78,861 | |||
| Euro-Bobl Futures | 494 | Long | 65,049,369 | Mar-24 | 325,274 | |||
| Euro-BTP Futures | 223 | Long | 29,332,388 | Mar-24 | 820,323 | |||
| Euro-BTP Futures - Short | 471 | Long | 55,453,667 | Mar-24 | 334,685 | |||
| Euro-Bund Futures | 256 | Long | 38,779,829 | Mar-24 | 353,694 | |||
Euro-Buxl® 30 Year Futures | 53 | Long | 8,291,928 | Mar-24 | 131,692 | |||
| Euro-OAT Futures | 424 | Long | 61,556,390 | Mar-24 | 859,044 | |||
| Euro-Schatz Futures | 495 | Long | 58,221,954 | Mar-24 | 38,186 | |||
| FTSE 100 Index Futures | 35 | Long | 3,460,384 | Mar-24 | 73,750 | |||
| FTSE MIB Index Futures | 77 | Long | 12,972,031 | Mar-24 | 28,100 | |||
| FTSE Taiwan Index Futures | 186 | Long | 11,535,720 | Jan-24 | 210,509 | |||
| Gold 100 Oz. Futures (a) | 109 | Long | 22,582,620 | Feb-24 | 173,930 | |||
IBEX 35® Index Futures | 88 | Long | 9,798,481 | Jan-24 | (70,025) | |||
| ICE 3 Month Sonia Futures | 287 | Long | 86,842,074 | Jun-24 | 61,807 | |||
| Live Cattle Futures (a) | 4 | Long | 269,600 | Feb-24 | (1,791) | |||
| LME Aluminium Futures (a)(b) | 172 | Long | 10,238,300 | Mar-24 | 410,318 | |||
| LME Copper Futures (a)(b) | 6 | Long | 1,283,325 | Mar-24 | (123) | |||
| LME Nickel Futures (a)(b) | 31 | Long | 3,086,298 | Mar-24 | (42,408) | |||
| LME Zinc Futures (a)(b) | 21 | Long | 1,398,338 | Mar-24 | 32,115 | |||
| Long Gilt Futures | 227 | Long | 29,701,286 | Mar-24 | 200,420 | |||
| Low Sulphur Gas Oil Futures (a) | 23 | Long | 1,707,175 | Feb-24 | 9,870 | |||
| Mexican Peso Futures | 1,010 | Long | 29,411,200 | Mar-24 | 748,531 | |||
| MSCI EAFE Index Futures | 137 | Long | 15,428,940 | Mar-24 | 459,319 | |||
| MSCI Emerging Markets Index Futures | 28 | Long | 1,447,180 | Mar-24 | 14,394 | |||
| New Zealand Dollar Futures | 286 | Long | 18,082,350 | Mar-24 | 309,321 | |||
| Nikkei 225 Futures | 47 | Long | 11,150,000 | Mar-24 | 250,071 | |||
| OMXS30 Futures | 458 | Long | 10,903,897 | Jan-24 | 345,909 | |||
| S&P/TSX 60 Index Futures | 94 | Long | 18,024,618 | Mar-24 | 463,680 | |||
| SGX Iron Ore 62% Futures (a) | 390 | Long | 5,410,860 | Feb-24 | 215,280 | |||
| Silver Futures (a) | 5 | Long | 602,150 | Mar-24 | (15,464) | |||
| Soybean Meal Futures (a) | 91 | Long | 3,512,600 | Mar-24 | (460,292) | |||
| SPI 200 Index Futures | 115 | Long | 14,860,286 | Mar-24 | 262,976 | |||
| Swiss Franc Futures | 195 | Long | 29,201,250 | Mar-24 | 780,767 | |||
| Topix Index Futures | 70 | Long | 11,746,099 | Mar-24 | 141,450 | |||
| U.S. Treasury Long Bond Futures | 10 | Long | 1,249,375 | Mar-24 | 3,050 | |||
| U.S. Treasury Ultra Bond Futures | 6 | Long | 801,563 | Mar-24 | (6,524) | |||
| U.S. Ultra 10 Year Future | 8 | Long | 944,125 | Mar-24 | 1,470 | |||
| 90-Day Bank Bill Futures | (22) | Short | (14,836,082) | Mar-24 | (10,736) | |||
| Aluminum Futures (a) | (2) | Short | (118,688) | Mar-24 | (8,388) | |||
| Australian 10-Year Treasury Bond Futures | (19) | Short | (1,510,534) | Mar-24 | (44,292) | |||
| Australian 3-Year Treasury Bond Futures | (139) | Short | (10,121,502) | Mar-24 | (100,913) | |||
| Brent Crude Futures (a) | (22) | Short | (1,694,880) | Jan-24 | (50,443) | |||
| Corn Futures (a) | (574) | Short | (13,524,875) | Mar-24 | 398,796 | |||
| Cotton No. 2 Futures (a) | (60) | Short | (2,430,000) | Mar-24 | (35,267) | |||
| ECX Emissions Futures (a) | (76) | Short | (6,743,045) | Dec-24 | (513,095) | |||
| FTSE China A50 Index Futures | (1,071) | Short | (12,311,145) | Jan-24 | (309,602) | |||
| FTSE JSE Top 40 Futures | (4) | Short | (156,108) | Mar-24 | (4,247) | |||
| Hang Seng Index Futures | (55) | Short | (6,033,553) | Jan-24 | (145,047) | |||
| HSCEI Index Futures | (149) | Short | (5,529,897) | Jan-24 | (157,799) | |||
| Indian Rupee Futures | (48) | Short | (1,152,864) | Jan-24 | (285) | |||
| Japanese Yen Futures | (373) | Short | (33,458,100) | Mar-24 | (885,112) | |||
| KC HRW Wheat Future (a) | (45) | Short | (1,444,500) | Mar-24 | (37,890) | |||
| Lean Hogs Futures (a) | (64) | Short | (1,740,160) | Feb-24 | (5,510) | |||
| LME Aluminium Futures (a)(b) | (206) | Short | (12,262,150) | Mar-24 | (944,838) | |||
| LME Copper Futures (a)(b) | (4) | Short | (855,550) | Mar-24 | (29,679) | |||
| LME Nickel Futures (a)(b) | (52) | Short | (5,177,016) | Mar-24 | 338,052 | |||
| LME Zinc Futures (a)(b) | (31) | Short | (2,064,213) | Mar-24 | (148,040) | |||
| MSCI Singapore Index Futures | (105) | Short | (2,288,956) | Jan-24 | (87,254) | |||
| Natural Gas Futures (a) | (263) | Short | (6,611,820) | Jan-24 | (198,263) | |||
| Palladium Futures (a) | (9) | Short | (998,370) | Mar-24 | (73,754) | |||
| Platinum Futures (a) | (10) | Short | (504,600) | Apr-24 | (26,345) | |||
| RBOB Gasoline Futures (a) | (10) | Short | (884,646) | Jan-24 | (10,132) | |||
| South African Rand Futures | (73) | Short | (1,981,038) | Mar-24 | (71,032) | |||
| Soybean Oil Futures (a) | (151) | Short | (4,365,108) | Mar-24 | 159,017 | |||
| Sugar No. 11 Futures (a) | (82) | Short | (1,890,067) | Feb-24 | 3,169 | |||
| U.S. Treasury 2-Year Note Futures | (146) | Short | (30,063,453) | Mar-24 | (317,058) | |||
| U.S. Treasury 5-Year Note Futures | (32) | Short | (3,480,750) | Mar-24 | (76,060) | |||
| Wheat Futures (a) | (113) | Short | (3,548,200) | Mar-24 | (299,279) | |||
| WTI Crude Futures (a) | (53) | Short | (3,797,450) | Jan-24 | (88,363) | |||
| $ | 9,111,100 | |||||||
| (a) | All or a portion of this security is held by GuidePath Managed Futures Strategy Cayman Fund Ltd. | |||||||
| (b) | London Metal Exchange (“LME”) futures contracts settle on their respective maturity date, and do not have daily cash movements like other futures contracts. The unrealized appreciation on these contracts is a receivable for unsettled open futures contracts and the unrealized depreciation is a payable for unsettled open futures contracts on the Fund’s consolidated statement of assets and liabilities. | |||||||
| GuidePath Managed Futures Strategy Fund | ||||||||
| CONSOLIDATED SCHEDULE OF OPEN FORWARD CURRENCY CONTRACTS (Unaudited) | ||||||||
| December 31, 2023 | ||||||||
| Forward | Amount of | Amount of | Unrealized | |||||
| Expiration | Currency to be | Currency to | Currency to be | Currency to | Appreciation | |||
| Date | Counterparty | received | be received | delivered | be delivered | (Depreciation) | ||
| 3/20/2024 | UBS AG | Chinese Yuan Renminbi | 15,000,000 | U.S. Dollar | 2,116,319 | $ | 888 | |
| 3/20/2024 | UBS AG | Norwegian Krone | 206,000,000 | U.S. Dollar | 20,025,341 | 287,370 | ||
| 3/20/2024 | UBS AG | Polish Zloty | 142,500,000 | U.S. Dollar | 35,365,593 | 809,105 | ||
| 3/20/2024 | UBS AG | Singapore Dollar | 25,375,000 | U.S. Dollar | 19,063,237 | 237,228 | ||
| 3/20/2024 | UBS AG | Swedish Krona | 174,000,000 | U.S. Dollar | 17,075,888 | 231,805 | ||
| 3/20/2024 | UBS AG | Turkish Lira | 7,200,000 | U.S. Dollar | 230,216 | (4,041) | ||
| 3/20/2024 | UBS AG | U.S. Dollar | 8,683,265 | Chinese Yuan Renminbi | 62,000,000 | (67,856) | ||
| 3/20/2024 | UBS AG | U.S. Dollar | 20,800,079 | Norwegian Krone | 226,000,000 | (1,487,567) | ||
| 3/20/2024 | UBS AG | U.S. Dollar | 3,688,020 | Polish Zloty | 14,500,000 | 7,085 | ||
| 3/20/2024 | UBS AG | U.S. Dollar | 899,399 | Turkish Lira | 28,500,000 | 4,123 | ||
| $ | 18,140 | |||||||