PPTIX - Mutual Fund Report

June 19, 2013

PPTIX : HIGHMARK NYSE ARCATECH 100 IX A

ZACKS RANK: 2 - BUY

Ticker:	PPTIX
Manager:	Mikhail I. Alkhazov
Manager Since:	03/09
NAV (06/18/2013):	41.71
Objective:	Equity - Sector Technology
Peer:	TC LG
Net Assets ($mil):	184.95
Inception:	06/10/1996

PPTIX : Description

The fund was incepted in June 1996 and is managed by B.C. Ziegler and Company. The fund seeks to obtain a total return, before operating expenses of the fund are deducted, that replicates the total return of the Pacific Exchange Technology Stock Index (the 'PSE Technology Index'). The fund seeks to achieve its objective by investing in all 100 common stocks included in the PSE Technology Index in approximately the same proportions as they are represented in the Index. Under normal market conditions, the fund invests at least 95% of its assets in the common stocks included in the PSE Technology Index and futures contracts and options. Up to 5% of the fund's assets may be held in cash, cash equivalents or certain short-term, fixed-income securities. Dividends are declared and paid annually. Capital gain distributions, if any, are declared annually and are normally paid within 60 days after the end of the fiscal year.

PPTIX : Composition - 05/13

Stocks	97.52%
Foreign Stocks	2.05%
Cash	0.45%
Bonds	0.00%
Foreign Bonds	0.00%
Preferred	0.00%
Convertible	0.00%
Other	2.03%
Foreign Hedged	0.00%

PPTIX : Style Analysis - 05/13

Large Growth	50.06%
Large Value	0.00%
Small Growth	23.33%
Small Value	0.00%
Foreign Stock	50.06%
Emerging Market	0.00%
Precious Metals	0.00%
Intermediate Bond	0.00%
High Yield Bond	0.00%
Foreign Bond	0.00%

PPTIX : Risk Analysis

Beta v. S&P 500	1.02
Beta v. EAFE	0.03
Beta v. Barclays Agg Bond	-0.26
Alpha 3 Yr	0.83
Alpha 5 Yr	4.54
R-Sq 3 Yr	0.88
R-Sq 5 Yr	0.87
Std Dev 3 Yr	17.29
Std Dev 5 Yr	20.70
Sharpe 3 Yr	0.92
Sharpe 5 Yr	0.57

PPTIX : Fees

Expense Ratio	1.08
% Max Load	5.50
% Min Load	0.00
% Deferred Load	NA
% Redemption	NA
% Max 12 B1 Fee	0.25
% Max Mgt Fee	0.35

PPTIX : Purchase Choices:

Min Initial Investment	1000
Min Subsequent Investment	100

PPTIX : Returns Analysis - Annual

Line chart

	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	YTD
NAV ($)	20.42	22.65	24.17	25.17	26.90	17.44	24.83	30.75	30.46	36.51	41.71
Total Return (%)	50.81	10.92	6.71	4.13	6.87	-35.16	42.37	23.84	-0.94	20.02	9.69
Annual Dividend Yield (%)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.13	0.11
Relative Performance
Rel Performance-S&P500(%)	221.22	0.49	18.20	-116.59	13.78	18.41	159.53	87.78	-30.42	40.35	-30.47
Rel Performance-Obj.Ret.(%)	-11.44	57.75	7.70	-31.11	-92.65	104.10	-169.52	48.51	68.14	68.08	24.58
Ret.Quintile vs Obj(1 is best)	3	2	3	4	5	1	5	2	1	1	2
Turnover, Yields, and Gains
Fund Assets Net($mil)	274	283	264	272	254	138	167	162	182	171	185
Annual Turnover (%)	12.19	11.45	9.00	11.12	13.84	19.00	10.00	9.00	11.00	30.00	20.00
Annual Dividend Paid ($)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.00
Annual Capital Gains Paid($)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

PPTIX : Returns Analysis - Trailing Total Return

	1 Month	3 Month	6 Month	YTD	1 Year	3 Year	5 Year	10 Year	15 Year	20 Year
Total Return (through 05/13)	-0.54%	4.13%	16.07%	9.69%	11.56%	14.51%	9.74%	10.61%	8.98%	NA
Ret. Percentile vs. Obj. (1 is best)	56	30	21	26	21	8	10	29	16	NA

PPTIX : Stock Portfolio Snapshot - 05/13

Average Price/Earnings	34.69
Average Price/Book	5.25
Average EPS Growth	12.10
Average Market Value	41,528.00

PPTIX : Stock Sector Breakout - 05/13

PPTIX : Top Holdings - 05/13

Name	Weight	Shares
INTL BUSINESS MACHINES CORP	4.84	51,500
SALESFORCE.COM INC	4.11	51,500
BIOGEN IDEC INC	3.72	51,500
F5 NETWORKS INC	2.50	51,500
VMWARE INC CLASS A	1.82	51,500
AMGEN INC	2.04	51,500
SAP AG SPONSORED ADR	1.96	51,500
SCHLUMBERGER LTD	1.86	51,500
LOCKHEED MARTIN CORP	2.07	51,500