Instuitional Investor - Conservest Capital Advisors, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	247,897	$145,290,649	15%
2.	Spdr S & P Midcap 400 Etf Trust	MDY	223,959	$127,565,740	13.17%
3.	Sector Spdr Trust	XLB	490,520	$114,055,648	11.78%
4.	Sector Spdr Trust	XLB	512,581	$70,515,834	7.28%
5.	Sector Spdr Trust	XLB	644,336	$50,651,247	5.23%