| Item | Value |
|---|---|
| Ticker (pseudo) | FASC |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Conservative Asset Growth factor (Consumer Cyclical only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2021-03-22 |
| Number of holdings (long leg) | 60 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | SBUX | STARBUCKS CORP | Consumer Cyclical | 38.50% | $38,496,708 | HYP-SBUX |
| 2 | LVS | LAS VEGAS SANDS CORP | Consumer Cyclical | 7.76% | $7,763,637 | HYP-LVS |
| 3 | IP | INTERNATIONAL PAPER CO | Consumer Cyclical | 5.66% | $5,659,038 | HYP-IP |
| 4 | H | HYATT HOTELS CORP | Consumer Cyclical | 5.50% | $5,504,423 | HYP-H |
| 5 | NVR | NVR INC | Consumer Cyclical | 4.84% | $4,843,241 | HYP-NVR |
| 6 | FLUT | FLUTTER ENTERTAINMENT PLC | Consumer Cyclical | 4.49% | $4,487,070 | HYP-FLUT |
| 7 | CART | INSTACART (MAPLEBEAR INC) | Consumer Cyclical | 4.36% | $4,356,698 | HYP-CART |
| 8 | BWA | BORGWARNER INC | Consumer Cyclical | 3.22% | $3,223,738 | HYP-BWA |
| 9 | MGM | MGM RESORTS INTERNATIONAL | Consumer Cyclical | 2.65% | $2,647,781 | HYP-MGM |
| 10 | VFC | V F CORP | Consumer Cyclical | 2.48% | $2,482,336 | HYP-VFC |
| 11 | MTN | VAIL RESORTS INC | Consumer Cyclical | 1.70% | $1,696,008 | HYP-MTN |
| 12 | LKQ | LKQ CORP | Consumer Cyclical | 1.57% | $1,566,234 | HYP-LKQ |
| 13 | SON | SONOCO PRODUCTS CO | Consumer Cyclical | 1.52% | $1,515,703 | HYP-SON |
| 14 | MBLY | MOBILEYE GLOBAL INC | Consumer Cyclical | 1.51% | $1,509,627 | HYP-MBLY |
| 15 | WING | WINGSTOP INC | Consumer Cyclical | 1.36% | $1,356,460 | HYP-WING |
| 16 | VAC | MARRIOTT VACATIONS WORLDWIDE CORP | Consumer Cyclical | 1.25% | $1,246,048 | HYP-VAC |
| 17 | PII | POLARIS INC | Consumer Cyclical | 1.16% | $1,159,374 | HYP-PII |
| 18 | HOG | HARLEY-DAVIDSON INC | Consumer Cyclical | 1.03% | $1,031,458 | HYP-HOG |
| 19 | CARG | CARGURUS INC | Consumer Cyclical | 0.96% | $964,524 | HYP-CARG |
| 20 | CALY | CALLAWAY GOLF CO | Consumer Cyclical | 0.91% | $914,402 | HYP-CALY |
| 21 | BFAM | BRIGHT HORIZONS FAMILY SOLUTIONS INC | Consumer Cyclical | 0.80% | $796,623 | HYP-BFAM |
| 22 | DAN | DANA INC | Consumer Cyclical | 0.71% | $714,200 | HYP-DAN |
| 23 | CPRI | CAPRI HOLDINGS LTD | Consumer Cyclical | 0.66% | $663,134 | HYP-CPRI |
| 24 | DRVN | DRIVEN BRANDS HOLDINGS INC | Consumer Cyclical | 0.60% | $598,876 | HYP-DRVN |
| 25 | CBRL | CRACKER BARREL OLD COUNTRY STORE INC | Consumer Cyclical | 0.46% | $456,446 | HYP-CBRL |
| 26 | HZO | MARINEMAX INC | Consumer Cyclical | 0.37% | $367,096 | HYP-HZO |
| 27 | FUN | SIX FLAGS ENTERTAINMENT CORPORATION | Consumer Cyclical | 0.36% | $360,421 | HYP-FUN |
| 28 | MYE | MYERS INDUSTRIES INC | Consumer Cyclical | 0.34% | $335,581 | HYP-MYE |
| 29 | WINA | WINMARK CORP | Consumer Cyclical | 0.30% | $304,507 | HYP-WINA |
| 30 | BLMN | BLOOMIN' BRANDS INC | Consumer Cyclical | 0.27% | $273,213 | HYP-BLMN |
| 31 | TRIP | TRIPADVISOR INC | Consumer Cyclical | 0.27% | $269,120 | HYP-TRIP |
| 32 | FOXF | FOX FACTORY HOLDING CORP | Consumer Cyclical | 0.23% | $229,199 | HYP-FOXF |
| 33 | CARS | CARSCOM INC | Consumer Cyclical | 0.21% | $210,687 | HYP-CARS |
| 34 | CNNE | CANNAE HOLDINGS INC | Consumer Cyclical | 0.21% | $210,309 | HYP-CNNE |
| 35 | PZZA | PAPA JOHNS INTERNATIONAL INC | Consumer Cyclical | 0.20% | $198,723 | HYP-PZZA |
| 36 | FOSL | FOSSIL GROUP INC | Consumer Cyclical | 0.16% | $162,737 | HYP-FOSL |
| 37 | ETD | ETHAN ALLEN INTERIORS INC | Consumer Cyclical | 0.14% | $140,542 | HYP-ETD |
| 38 | BNED | BARNES & NOBLE EDUCATION INC | Consumer Cyclical | 0.14% | $138,590 | HYP-BNED |
| 39 | CHPT | CHARGEPOINT HOLDINGS INC | Consumer Cyclical | 0.10% | $101,849 | HYP-CHPT |
| 40 | FLXS | FLEXSTEEL INDUSTRIES INC | Consumer Cyclical | 0.10% | $98,448 | HYP-FLXS |
| 41 | JACK | JACK IN THE BOX INC | Consumer Cyclical | 0.08% | $84,974 | HYP-JACK |
| 42 | AOUT | AMERICAN OUTDOOR BRANDS INC | Consumer Cyclical | 0.08% | $75,434 | HYP-AOUT |
| 43 | VRA | VERA BRADLEY INC | Consumer Cyclical | 0.07% | $68,287 | HYP-VRA |
| 44 | RICK | RCI HOSPITALITY HOLDINGS INC | Consumer Cyclical | 0.07% | $65,139 | HYP-RICK |
| 45 | DIBS | 1STDIBSCOM INC | Consumer Cyclical | 0.06% | $62,494 | HYP-DIBS |
| 46 | CLAR | CLARUS CORP | Consumer Cyclical | 0.06% | $62,306 | HYP-CLAR |
| 47 | RRGB | RED ROBIN GOURMET BURGERS INC | Consumer Cyclical | 0.05% | $52,546 | HYP-RRGB |
| 48 | ONEW | ONEWATER MARINE INC | Consumer Cyclical | 0.05% | $51,696 | HYP-ONEW |
| 49 | COOK | TRAEGER INC | Consumer Cyclical | 0.05% | $50,877 | HYP-COOK |
| 50 | HOFT | HOOKER FURNISHINGS CORP | Consumer Cyclical | 0.05% | $49,020 | HYP-HOFT |
| 51 | SRI | STONERIDGE INC | Consumer Cyclical | 0.05% | $45,745 | HYP-SRI |
| 52 | MED | MEDIFAST INC | Consumer Cyclical | 0.05% | $45,273 | HYP-MED |
| 53 | UFI | UNIFI INC | Consumer Cyclical | 0.04% | $39,449 | HYP-UFI |
| 54 | WW | WW INTERNATIONAL INC | Consumer Cyclical | 0.04% | $38,630 | HYP-WW |
| 55 | KEQU | KEWAUNEE SCIENTIFIC CORP | Consumer Cyclical | 0.03% | $32,774 | HYP-KEQU |
| 56 | LAKE | LAKELAND INDUSTRIES INC | Consumer Cyclical | 0.03% | $29,059 | HYP-LAKE |
| 57 | NDLS | NOODLES & CO | Consumer Cyclical | 0.03% | $25,816 | HYP-NDLS |
| 58 | BARK | BARK INC | Consumer Cyclical | 0.03% | $25,564 | HYP-BARK |
| 59 | PRTS | CARPARTSCOM INC | Consumer Cyclical | 0.02% | $21,440 | HYP-PRTS |
| 60 | RGS | REGIS CORP | Consumer Cyclical | 0.02% | $18,670 | HYP-RGS |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.