Curian Capital Portfolio holdings

AUM $1.35B

1-Year Return 0.33%

2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

+1.63%

1 Year Return

-0.33%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$5.63B

AUM Growth

-$29.1M (-0.51%)

Cap. Flow

-$91.3M

Cap. Flow % of AUM

-1.62%

Top 10 Holdings % Top 10 Hldgs %

26.48%

Holding

685

New

140

Increased

240

Reduced

206

Closed

Top Buys

1	iShares MSCI United Kingdom ETF EWU	$74.2M
2	iShares Russell 1000 Value ETF IWD	$64.8M
3	iShares MSCI Japan ETF EWJ	$42.4M
4	iShares Russell 1000 Growth ETF IWF	$32.8M
5	PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund HYS	$24.8M

Top Sells

1	iShares 1-3 Year Treasury Bond ETF SHY	$145M
2	Vanguard FTSE Emerging Markets ETF VWO	$116M
3	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund MINT	$82.6M
4	iShares MSCI Pacific ex Japan ETF EPP	$46.5M
5	iShares Russell 2000 Growth ETF IWO	$42.2M

Sector Composition

1	Financials	7.62%
2	Technology	7.42%
3	Healthcare	6.15%
4	Industrials	5.73%
5	Consumer Discretionary	5.57%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
501	501 Revvity RVTY $10.1B	$720K	0.01%	+15,978	New	+$720K
502	NSM 502 DELISTED Nationstar Mortgage Holdings NSM	$719K	0.01%	+22,136	New	+$719K
503	RYL 503 DELISTED RYLAND GROUP INC RYL	$715K	0.01%	+17,910	New	+$715K
504	504 Globe Life GL $11.3B	$714K	0.01%	13,604 -3,783	-22%	-$199K
505	505 Douglas Emmett DEI $2.83B	$710K	0.01%	26,151 -373	-1%	-$10.1K
506	506 CenterPoint Energy CNP $24.7B	$693K	0.01%	+29,267	New	+$693K
507	507 McCormick & Company Non-Voting MKC $19B	$677K	0.01%	18,866 +2,556	+16%	+$91.7K
508	CST 508 DELISTED CST Brands, Inc. CST	$675K	0.01%	+21,604	New	+$675K
509	509 Medtronic MDT $119B	$672K	0.01%	10,926 +1,206	+12%	+$74.2K
510	510 Zebra Technologies ZBRA $16B	$669K	0.01%	9,642 -6,066	-39%	-$421K
511	511 Cinemark Holdings CNK $2.98B	$668K	0.01%	+23,015	New	+$668K
512	ENLC 512 DELISTED ENLINK MIDSTREAM, LLC ENLC	$666K	0.01%	+19,613	New	+$666K
513	513 Ares Capital ARCC $15.8B	$646K	0.01%	+36,662	New	+$646K
514	514 Oil States International OIS $334M	$642K	0.01%	11,398 -471	-4%	-$26.5K
515	CMLS 515 DELISTED Cumulus Media Inc. Class A Common Stock CMLS	$642K	0.01%	+11,589	New	+$642K
516	516 NXP Semiconductors NXPI $57.2B	$640K	0.01%	+10,881	New	+$640K
517	TXI 517 DELISTED TEXAS INDUSTRIES INC TXI	$635K	0.01%	+7,091	New	+$635K
518	518 Prologis PLD $105B	$633K	0.01%	15,506 +2,414	+18%	+$98.5K
519	519 Equity Lifestyle Properties ELS $12B	$631K	0.01%	31,044 +10,136	+48%	+$206K
520	520 Gogo Inc GOGO $1.43B	$631K	0.01%	+30,728	New	+$631K
521	FARO 521 DELISTED Faro Technologies FARO	$630K	0.01%	+11,894	New	+$630K
522	522 Noodles & Co NDLS $31.1M	$625K	0.01%	+15,842	New	+$625K
523	523 Mine Safety MSA $6.67B	$620K	0.01%	+10,885	New	+$620K
524	TEG 524 DELISTED INTEGRYS ENERGY GROUP INC COM (USA) TEG	$615K	0.01%	10,317 +1,220	+13%	+$72.7K
525	$TEX icon$ 525 Terex TEX $3.47B	$612K	0.01%	13,822 -43,068	-76%	-$1.91M