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Instuitional Investor - Accredited Investors Inc.

Filing Period:
No. Security Ticker Shares Value (x$1000) % Port
1. IEF 299,959 $45,732 12.65%
2. FNDF 647,863 $41,800 11.56%
3. IEF 154,766 $41,609 11.51%
Powershares Etf Tr Ii
576,368 $31,712 8.77%
5. IEF 349,924 $26,878 7.43%