Instuitional Investor - Financial Designs Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	284,249	$40,485,585	22.54%
2.	Ishares Trust	IEF	273,029	$27,103,589	15.09%
3.	Invesco Exch Trd Slf Idx Fd		231,466	$13,915,736	7.75%
4.	Ishares Trust	VLUE	157,872	$13,678,030	7.61%
5.	Listed Fds Tr		546,342	$13,494,647	7.51%