Instuitional Investor - Conservest Capital Advisors, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	245,382	$151,611,798	14.97%
2.	Spdr S & P Midcap 400 Etf Trust	MDY	218,195	$123,605,705	12.21%
3.	Sector Spdr Trust	XLB	472,929	$119,759,735	11.83%
4.	Sector Spdr Trust	XLB	490,691	$66,140,303	6.53%
5.	J P Morgan Exchange Traded F		868,178	$61,440,975	6.07%