Trend Table for ADEF - Apostle Dundas Global Equity Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 22	A	Weak or Absent	Up	Up	Up	3.87%
Aug 20	A	Weak or Absent	Up	Up	Up	4.61%
Aug 19	A	Weak or Absent	Up	Up	Up	3.69%
Aug 16	A	Weak or Absent	Up	Up	Up	3.69%
Aug 15	A	Weak or Absent	Up	Up	Up	4.61%
Aug 13	A	Weak or Absent	Up	Flat	Flat	5.92%
Aug 12	A	Weak or Absent	Up	Flat	Flat	5.92%
Aug 9	B	Weak or Absent	Up	Flat	Down	6.50%
Aug 7	B	Weak or Absent	Up	Down	Down	6.88%
Aug 6	B	Weak or Absent	Up	Down	Down	6.88%