Tactical Allocation Group

Tactical Allocation as of June 30, 2011

Portfolio Holdings for Tactical Allocation

Tactical Allocation holds 20 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Growth Index (IWF) 14.0 $60M 993k 60.88
iShares S&P US Pref Stock Idx Fnd (PFF) 13.6 $59M 1.5M 39.66
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 11.6 $50M 459k 109.32
iShares MSCI Emerging Markets Indx (EEM) 10.3 $44M 930k 47.60
SPDR Gold Trust (GLD) 8.1 $35M 238k 146.00
SPDR S&P Emerging Markets Small Cap (EWX) 7.8 $34M 621k 54.34
iShares Barclays TIPS Bond Fund (TIP) 6.6 $28M 257k 110.64
iShares iBoxx $ High Yid Corp Bond (HYG) 6.2 $27M 291k 91.31
SPDR S&P International Small Cap (GWX) 4.4 $19M 594k 31.76
Market Vectors Emerging Mkts Local ETF 4.4 $19M 684k 27.46
Vanguard Short Term Corporate Bond ETF (VCSH) 3.1 $14M 173k 78.35
Market Vectors Gold Miners ETF 2.9 $12M 227k 54.59
iShares S&P NA Nat. Re. Sc. Idx (IGE) 2.8 $12M 273k 43.66
Ipath Dow Jones-aig Commodity (DJP) 1.6 $6.9M 146k 47.23
Elements Rogers Intl Commodity Etn etf 1.5 $6.5M 708k 9.19
iShares Russell Midcap Growth Idx. (IWP) 0.4 $1.9M 31k 61.82
iShares S&P Moderate Allocation Fund ETF (AOM) 0.2 $1.0M 34k 30.59
Market Vectors High Yield Muni. Ind 0.2 $877k 30k 29.20
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $583k 5.6k 103.50
iShares S&P Growth Allocation Fund (AOR) 0.1 $335k 10k 32.55