Gateway Advisory

Gateway Advisory as of Dec. 31, 2010

Portfolio Holdings for Gateway Advisory

Gateway Advisory holds 24 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 15.2 $17M 158k 104.28
Rydex S&P Equal Weight ETF 11.6 $13M 265k 47.31
iShares MSCI EAFE Index Fund (EFA) 10.0 $11M 187k 58.22
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 9.0 $9.8M 411k 23.81
iShares Morningstar Small Core Idx (ISCB) 6.5 $7.0M 79k 89.11
iShares Lehman Aggregate Bond (AGG) 5.6 $6.1M 57k 105.75
Schwab U S Broad Market ETF (SCHB) 4.9 $5.4M 176k 30.38
Market Vectors-Inter. Muni. Index 4.4 $4.8M 230k 20.89
SPDR S&P Emerging Markets (SPEM) 4.1 $4.5M 60k 74.37
iShares S&P MidCap 400 Index (IJH) 3.8 $4.1M 45k 90.69
PowerShares VRDO Tax Free Weekly Por ETF 3.6 $3.9M 156k 24.99
iShares FTSE NAREIT Real Est 50 Ind (USRT) 3.5 $3.8M 113k 33.72
SPDR DB Int'l Govt Infl Pro Bond (WIP) 2.8 $3.0M 52k 58.11
Schwab International Equity ETF (SCHF) 2.7 $3.0M 107k 27.69
SPDR Barclays Capital High Yield B 2.5 $2.7M 67k 39.71
iShares Lehman Short Treasury Bond (SHV) 2.5 $2.7M 24k 110.22
Schwab Emerging Markets Equity ETF (SCHE) 1.5 $1.6M 55k 29.01
iShares Gold Trust 1.4 $1.5M 107k 13.90
ETFS Physical Platinum Shares 1.4 $1.5M 8.3k 176.12
iShares IBoxx $ Invest Grade Corp Bd (LQD) 1.0 $1.1M 10k 108.44
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.7 $781k 7.9k 99.15
iShares MSCI Sweden Index (EWD) 0.5 $493k 16k 31.20
iShares MSCI Australia Index Fund (EWA) 0.4 $466k 18k 25.46
iShares MSCI Singapore Index Fund 0.4 $443k 32k 13.84