Schedule of investments

Optimum Large Cap Growth Fund

December 31, 2019 (Unaudited)

	Number of		Value		Number of		Value
	shares		(US $)		shares		(US $)
Common Stock - 99.00% ✧				Common Stock ✧(continued)
Communication Services - 16.58%				Energy (continued)
Alphabet Class A †	30,452	$	40,787,104	Pioneer Natural Resources	95,592	$	14,469,761
Alphabet Class C †	42,176		56,390,156				17,079,347
Comcast Class A	384,730		17,301,308
Facebook Class A †	485,068		99,560,206	Financials - 3.04%
IAC/InterActiveCorp †	25,761		6,417,323	American Express	140,150		17,447,274
Match Group †	36,162		2,969,262	BlackRock	8,710		4,378,517
Netflix †	61,969		20,051,309	Charles Schwab	351,440		16,714,486
Spotify Technology †	28,803		4,307,489	Chubb (Switzerland)	38,598		6,008,165
Tencent Holdings (China)				Intercontinental Exchange	43,586		4,033,884
(Hong Kong Exchange)	323,500		15,593,163	TD Ameritrade Holding	109,936		5,463,819
Tencent Music Entertainment				XP Class A †	25,728		991,043
Group ADR †	327,900		3,849,546				55,037,188
Walt Disney	228,129		32,994,297
				Healthcare - 12.65%
			300,221,163	Alcon †	77,195		4,372,450
Consumer Discretionary - 16.56%				Alexion Pharmaceuticals †	140,058		15,147,273
Advance Auto Parts	87,170		13,961,147	Anthem	29,468		8,900,220
Alibaba Group Holding ADR †	225,466		47,821,339	Becton Dickinson and Co.	42,163		11,467,071
Amazon. com †	65,667		121,342,109	BioMarin Pharmaceutical †	108,240		9,151,692
Aptiv	92,750		8,808,468	Centene †	142,648		8,968,280
Booking Holdings †	9,477		19,463,199	Cigna	39,788		8,136,248
Dollar General	22,088		3,445,286	HCA Healthcare	55,227		8,163,103
Dollar Tree †	67,890		6,385,056	Intuitive Surgical †	23,503		13,893,799
Dollarama	201,026		6,909,084	Johnson & Johnson	109,690		16,000,480
Ferrari (Italy)	50,744		8,400,162	Stryker	67,932		14,261,644
Home Depot	76,530		16,712,621	Thermo Fisher Scientific	71,590		23,257,443
Las Vegas Sands	91,100		6,289,544	UnitedHealth Group	162,154		47,670,033
Lululemon Athletica				Vertex Pharmaceuticals †	60,340		13,211,443
(Canada) †	23,900		5,536,913	WellCare Health Plans †	9,035		2,983,447
MercadoLibre †	4,413		2,523,971	Zoetis	177,680		23,515,948
MGM Resorts International	124,913		4,155,856				229,100,574
NIKE Class B	77,980		7,900,154
NVR †	420		1,599,532	Industrials - 9.38%
Restaurant Brands				Boeing	78,216		25,479,644
International	28,804		1,836,831	CH Robinson Worldwide	79,257		6,197,897
Tesla †	12,800		5,354,624	Equifax	28,920		4,052,270
Ulta Beauty †	9,717		2,459,761	Fortive	102,859		7,857,399
Wynn Resorts	65,414		9,084,042	General Electric	211,600		2,361,456
				Honeywell International	115,240		20,397,480
			299,989,699	IHS Markit (United
Consumer Staples - 2.38%				Kingdom) †	216,036		16,278,313
Anheuser-Busch InBev ADR	177,770		14,584,251	JB Hunt Transport Services	44,395		5,184,448
Costco Wholesale	50,668		14,892,339	Roper Technologies	30,966		10,969,086
McCormick & Co.	52,963		8,989,410	TransUnion	107,853		9,233,295
Philip Morris International	54,954		4,676,036	Uber Technologies †	398,892		11,863,048
			43,142,036	Union Pacific	24,800		4,483,592
				United Parcel Service Class B	167,890		19,653,203
Energy - 0.94%				Westinghouse Air Brake
Concho Resources	29,800		2,609,586	Technologies	101,213		7,874,371

(continues) NQ-OPTLG [12/19] 2/20 (1082614) 1

Schedule of investments

Optimum Large Cap Growth Fund (Unaudited)

	Number of		Value		Number of		Value
	shares		(US $)		shares		(US $)
Common Stock ✧(continued)				Common Stock ✧(continued)
Industrials (continued)				Utilities (continued)
WW Grainger	53,060	$	17,961,871	Sempra Energy	50,539	$	7,655,648
			169,847,373				13,498,242
Information Technology - 34.02%				Total Common Stock
Adobe †	81,840		26,991,650	(cost $1,233,244,519)			1,793,009,372
Advanced Micro Devices †	110,900		5,085,874
Akamai Technologies †	197,460		17,056,595	Convertible Preferred Stock - 0.40%
Apple	252,571		74,167,474	Airbnb Private Placement
ASML Holding (Netherlands)	34,003		10,062,848	Series D =p†	23,130		2,752,470
Atlassian Class A †	17,718		2,132,184	Series E =p†	13,611		1,619,709
Fidelity National Information				Magic Leap =p†	43,435		950,401
Services	228,904		31,838,257	WeWork Companies
Fiserv †	104,926		12,132,593	Series E =p†	20,913		294,455
Global Payments	45,490		8,304,654	Xiaoju Kuaizhi (China) =p†	32,416		1,568,464
Hexagon AB Class B	78,987		4,427,325	Total Convertible Preferred
Intuit	47,195		12,361,786	Stock (cost $4,786,106)			7,185,499
Marvell Technology Group	293,869		7,805,161
Mastercard Class A	107,880		32,211,889	Short-Term Investments - 0.49%
Microsoft	659,840		104,056,768	Money Market Mutual Funds - 0.49%
Nutanix Class A †	229,880		7,186,049	BlackRock
NVIDIA	69,060		16,249,818	FedFund - Institutional
Oracle	317,600		16,826,448	Shares (seven-day effective
Palo Alto Networks †	60,090		13,895,814	yield 1.52%)	1,796,412		1,796,412
Paycom Software †	12,861		3,405,078	Fidelity Investments Money
PayPal Holdings †	76,763		8,303,454	Market Government
QUALCOMM	189,210		16,693,998	Portfolio - Class I
salesforce. com †	167,513		27,244,314	(seven-day effective yield
ServiceNow †	37,914		10,703,881	1.49%)	1,796,412		1,796,412
Slack Technologies Class A †	148,493		3,338,123	GS Financial Square
Splunk †	171,000		25,610,670	Government
				Fund - Institutional Shares
Temenos †	31,571		4,994,196	(seven-day effective yield
Texas Instruments	94,500		12,123,405	1.51%)	1,796,412		1,796,412
Visa Class A	401,208		75,386,983	Morgan Stanley Government
VMware Class A †	131,913		20,023,074	Portfolio - Institutional
Workday Class A †	32,368		5,322,918	Share Class (seven-day
Zoom Video Communications				effective yield 1.48%)	1,796,412		1,796,412
Class A †	2,777		188,947	State Street Institutional US
			616,132,228	Government Money Market
				Fund - Investor Class
Materials - 1.85%				(seven-day effective yield
Ecolab	75,460		14,563,025	1.45%)	1,796,412		1,796,413
Linde	88,780		18,901,262	Total Short-Term
			33,464,287	Investments
Real Estate - 0.86%				(cost $8,982,061)			8,982,061
Equinix	26,550		15,497,235
			15,497,235
Utilities - 0.74%
NextEra Energy	24,127		5,842,594

2 NQ-OPTLG [12/19] 2/20 (1082614)

(Unaudited)

Restricted securities

Total Value of

Securities - 99.89%

Investment

Date of Acquisition

Cost

Value

(cost $1,247,012,686)

$

1,809,176,932

Airbnb Private

Receivables and Other

Placement

Assets Net of

Series D

4/16/14

$

941,692

$

2,752,470

Liabilities - 0.11%

1,958,185

Airbnb Private

Net Assets Applicable to

Placement

92,388,213 Shares

Series E

7/14/15

1,267,108

1,619,709

Outstanding - 100.00%

$

1,811,135,117

Magic Leap

1/20/16

1,000,438

950,401

WeWork

Companies

✧Narrow industries are utilized for compliance purposes for diversification

Series E

6/23/15

687,820

294,455

whereas broad sectors are used for financial reporting.

Xiaoju Kuaizhi

= The value of this security was determined using significant unobservable

(China)

10/19/15

889,048

1,568,464

inputs and is reported as a Level 3 security.

Total

$

4,786,106

$

7,185,499

p Restricted security. These investments are in securities not registered

under the Securities Act of 1933, as amended, and have certain

The following foreign currency exchange contracts were outstanding at

restrictions on resale which may limit their liquidity. At

Dec. 31, 2019:

Dec. 31, 2019, the aggregate value of restricted securities was

$7,185,499 which represented 0.40% of the Fund’s net assets.

Foreign Currency Exchange Contracts

† Non-income producing security.

Currency to

Unrealized

Counterparty

Receive (Deliver)

In Exchange For

Settlement Date

Appreciation

BNYM

SEK

(331,583)                           USD

35,500

1/2/20

$

95

The use of foreign currency exchange contracts involves elements of

market risk and risks in excess of the amounts disclosed in the financial

statements. The foreign currency exchange contract presented above

represents the Fund’s total exposure in such contracts, whereas only the

net unrealized appreciation (depreciation) is reflected in the Fund’s net

assets.

Summary of abbreviations:

ADR - American Depositary Receipt

BNYM - Bank of New York Mellon

GS - Goldman Sachs

SEK - Swedish Krona

USD - US Dollar

(continues) NQ-OPTLG [12/19] 2/20 (1082614) 3