An ALPS Advisers, Inc. Solution
ibbotson growth etf asset allocation portfolio - Holdings
HOLDINGS (as of 7/31/08)*
% OF PORTFOLIO

1. iShares S&P 500 Index Fund
40.85%
2. iShares MSCI EAFE Index Fund
19.00%
3. Vanguard Small-Cap ETF
10.95%
4. Vanguard Total Bond Market ETF
9.08%
5. Vanguard Short-Term Bond ETF
5.04%
6. iPath DJ-AIG Commodity Index Total Return ETN
4.02%
7. Vanguard REIT ETF 
4.02%
8. Vanguard Emerging Markets ETF
3.99%
9. iShares Lehman TIPS Bond Fund 
3.03%
10. Cash Equivalents^
0.02%
TOTAL
100.00%
*Subject to change.
ALPS Distributors, Inc. is the distributor for the Ibbotson Portfolios.