as of November 30, 2008
| Percentage of Portfolio Assets† | |
| DECKERS OUTDOOR CORP | 4.33 % |
| UNITED NATURAL FOODS INC | 2.79 % |
| ANSYS INCORPORATED | 2.74 % |
| ALEXION PHARMACEUTICALS | 2.06 % |
| FUEL SYSTEMS SOLUTIONS | 1.98 % |
| TRIUMPH GROUP INC | 1.95 % |
| CLEAN HARBORS | 1.92 % |
| ARIBA INC | 1.90 % |
| NAVIGATORS GROUP INC | 1.84 % |
| XENOPORT INC | 1.82 % |
| GENESSEE & WYOMING INC. | 1.79 % |
| AMERICAN PHYSICIANS CAP | 1.75 % |
| PENN VIRGINIA CORP | 1.70 % |
| PHARMERICA CORP | 1.67 % |
| COMTECH TELECOMMUNICATION | 1.60 % |
| LHC GROUP INC | 1.60 % |
| II-VI INC | 1.55 % |
| CBIZ INC | 1.55 % |
| PAREXEL INTERNATIONAL COR | 1.52 % |
| KENDLE INTERNATIONAL INC | 1.48 % |
| ICON PLC ADR | 1.47 % |
| CHEMED CORP | 1.41 % |
| ACORDA THERAPEUTICS INC | 1.32 % |
| HARLEYSVILLE GROUP INC. | 1.25 % |
| NATCO GROUP INC-A | 1.18 % |
| AUXILIUM PHARMACEUTICALS | 1.13 % |
| IBERIABANK CORP. | 1.04 % |
| MIDDLEBY CORP | 1.03 % |
| VOLCOM INC | 1.03 % |
| AIR METHODS CORP | 0.97 % |
| CARRIZO OIL & GAS INC | 0.96 % |
| NEW ORIENTAL EDU SP ADR | 0.94 % |
| NTELOS HOLDINGS CORP | 0.94 % |
| MWI VETERINARY SUPPLY INC | 0.94 % |
| BUCYRUS INTERNATIONAL INC | 0.90 % |
| LUFKIN INDUSTRIES | 0.87 % |
| RED ROBIN | 0.82 % |
| CYBERSOURCE CORP | 0.80 % |
| ENPRO INDUSTRIES INC | 0.79 % |
| AZZ INCORPORATED | 0.75 % |
| CONMED CORP | 0.72 % |
| AMEDISYS INC. | 0.72 % |
| GREEN MOUNTAIN COFFEE INC | 0.71 % |
| CATALYST HEALTH SOLUTIONS | 0.71 % |
| ROFIN-SINAR TECHNOLOGIE | 0.71 % |
| CHATTEM INC | 0.71 % |
| HUB GROUP | 0.71 % |
| WILLBROS GROUP INC | 0.70 % |
| CALGON CARBON CORPORATION | 0.68 % |
| CITI TRENDS INC | 0.68 % |
| DG FASTCHANNEL INC. | 0.66 % |
| TRUE RELIGION APPAREL INC | 0.64 % |
| QUALITY SYSTEMS INC | 0.64 % |
| ROBBINS & MYERS INC | 0.64 % |
| WRIGHT MEDICAL GROUP INC | 0.63 % |
| HITTITE MICROWAVE CORP | 0.62 % |
| POWELL INDUSTRIES | 0.61 % |
| ESCO TECHNOLOGIES | 0.56 % |
| PSS WORLD MEDICAL INC | 0.53 % |
| GRAHAM | 0.53 % |
| LMI AEROSPACE INC. | 0.53 % |
| DAWSON GEOPHYSICAL CO. | 0.52 % |
| CIRCOR INTL INC | 0.49 % |
| IPC THE HOSPITALIST CO | 0.48 % |
| CALIFORNIA PIZZA KITCHEN | 0.45 % |
| GENESCO INC | 0.45 % |
| EAST WEST BANCORP INC. | 0.45 % |
| GEOEYE INC | 0.43 % |
| BOYD GAMING CORP | 0.43 % |
| T-3 ENERGY SERVICES INC. | 0.42 % |
| AMERICAN ECOLOGY CORP | 0.42 % |
| COPA HOLDINGS SA CLASS A | 0.41 % |
| AMERICAN PUB ED INC | 0.39 % |
| LAYNE CHRISTENSEN COMPANY | 0.37 % |
| CITY HLDG CO. | 0.36 % |
| ACTUATE CORPORATION | 0.34 % |
| TREEHOUSE FOODS INC | 0.33 % |
| LINDSAY MANUFACTURING CO | 0.33 % |
| ARTESIAN RESOURCES CORP | 0.28 % |
| CHART INDUSTRIES INC | 0.28 % |
| PETROLEUM DEVELOPMENT COR | 0.23 % |
| CHICO'S FAS INC | 0.22 % |
| BRIGHAM EXPLORATION CO | 0.18 % |
| COUGAR BIOTECHNOLOGY INC | 0.13 % |
| KENEXA CORP | 0.11 % |
| AEROVIROMENT INC | 0.10 % |
| TRICO MARINE SERVICES INC | 0.10 % |
| GREAT WOLF RESORTS INC | 0.08 % |
| ION GEOPHYSICAL CORP | 0.02 % |
† Based on Market Value
These holdings are not recommendations and we may no longer hold these securities.