<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xsi:schemaLocation="http://www.sec.gov/edgar/nmfp2 eis_NMFP1_Filer.xsd" xmlns="http://www.sec.gov/edgar/nmfp2" xmlns:ns1="http://www.sec.gov/edgar/common" xmlns:ns3="http://www.sec.gov/edgar/nmfp2common" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>N-MFP2</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001029068</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <notifications></notifications>
    </filerInfo>
  </headerData>
  <formData>
    <generalInfo>
      <reportDate>2017-05-31</reportDate>
      <cik>0001029068</cik>
      <seriesId>S000035162</seriesId>
      <totalShareClassesInSeries>2</totalShareClassesInSeries>
      <finalFilingFlag>N</finalFilingFlag>
      <fundAcqrdOrMrgdWthAnthrFlag>N</fundAcqrdOrMrgdWthAnthrFlag>
    </generalInfo>
    <seriesLevelInfo>
      <securitiesActFileNumber>333-20635</securitiesActFileNumber>
      <adviser>
        <adviserName>CLS Investments, LLC</adviserName>
        <adviserFileNumber>801-57265</adviserFileNumber>
      </adviser>
      <indpPubAccountant>
        <name>Tait, Weller &amp; Baker LLP</name>
        <city>Philadelphia</city>
        <stateCountry>PA</stateCountry>
      </indpPubAccountant>
      <administrator>
        <administratorName>Gemini Fund Services, LLC</administratorName>
      </administrator>
      <transferAgent>
        <name>Gemini Fund Services, LLC</name>
        <cik>0001253179</cik>
        <fileNumber>084-06083</fileNumber>
      </transferAgent>
      <feederFundFlag>N</feederFundFlag>
      <masterFundFlag>N</masterFundFlag>
      <seriesFundInsuCmpnySepAccntFlag>N</seriesFundInsuCmpnySepAccntFlag>
      <moneyMarketFundCategory>Treasury</moneyMarketFundCategory>
      <fundExemptRetailFlag>N</fundExemptRetailFlag>
      <averagePortfolioMaturity>35</averagePortfolioMaturity>
      <averageLifeMaturity>35</averageLifeMaturity>
      <totalValueDailyLiquidAssets>
        <ns3:fridayDay1>399027458.60</ns3:fridayDay1>
        <ns3:fridayDay2>410308624.70</ns3:fridayDay2>
        <ns3:fridayDay3>411648091.63</ns3:fridayDay3>
        <ns3:fridayDay4>397477611.26</ns3:fridayDay4>
      </totalValueDailyLiquidAssets>
      <totalValueWeeklyLiquidAssets>
        <ns3:fridayWeek1>399027458.60</ns3:fridayWeek1>
        <ns3:fridayWeek2>410308624.70</ns3:fridayWeek2>
        <ns3:fridayWeek3>411648091.63</ns3:fridayWeek3>
        <ns3:fridayWeek4>397477611.26</ns3:fridayWeek4>
      </totalValueWeeklyLiquidAssets>
      <percentageDailyLiquidAssets>
        <ns3:fridayDay1>0.9999</ns3:fridayDay1>
        <ns3:fridayDay2>0.9999</ns3:fridayDay2>
        <ns3:fridayDay3>0.9999</ns3:fridayDay3>
        <ns3:fridayDay4>0.9999</ns3:fridayDay4>
      </percentageDailyLiquidAssets>
      <percentageWeeklyLiquidAssets>
        <ns3:fridayWeek1>0.9999</ns3:fridayWeek1>
        <ns3:fridayWeek2>0.9999</ns3:fridayWeek2>
        <ns3:fridayWeek3>0.9999</ns3:fridayWeek3>
        <ns3:fridayWeek4>0.9999</ns3:fridayWeek4>
      </percentageWeeklyLiquidAssets>
      <cash>226499.19</cash>
      <totalValuePortfolioSecurities>399576077.50</totalValuePortfolioSecurities>
      <amortizedCostPortfolioSecurities>399624373.90</amortizedCostPortfolioSecurities>
      <totalValueOtherAssets>23193.08</totalValueOtherAssets>
      <totalValueLiabilities>355383.75</totalValueLiabilities>
      <netAssetOfSeries>399518682.42</netAssetOfSeries>
      <numberOfSharesOutstanding>399417694.9700</numberOfSharesOutstanding>
      <stablePricePerShare>1.0000</stablePricePerShare>
      <sevenDayGrossYield>0.0079</sevenDayGrossYield>
      <netAssetValue>
        <ns3:fridayWeek1>1.0002</ns3:fridayWeek1>
        <ns3:fridayWeek2>1.0002</ns3:fridayWeek2>
        <ns3:fridayWeek3>1.0002</ns3:fridayWeek3>
        <ns3:fridayWeek4>1.0002</ns3:fridayWeek4>
      </netAssetValue>
    </seriesLevelInfo>
    <classLevelInfo>
      <classesId>C000108174</classesId>
      <minInitialInvestment>10000000.00</minInitialInvestment>
      <netAssetsOfClass>370722666.84</netAssetsOfClass>
      <numberOfSharesOutstanding>370650429.2000</numberOfSharesOutstanding>
      <netAssetPerShare>
        <ns3:fridayWeek1>1.0002</ns3:fridayWeek1>
        <ns3:fridayWeek2>1.0002</ns3:fridayWeek2>
        <ns3:fridayWeek3>1.0002</ns3:fridayWeek3>
        <ns3:fridayWeek4>1.0002</ns3:fridayWeek4>
        <ns3:fridayWeek5>0.0000</ns3:fridayWeek5>
      </netAssetPerShare>
      <fridayWeek1>
        <weeklyGrossSubscriptions>26462238.81</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>17949756.30</weeklyGrossRedemptions>
      </fridayWeek1>
      <fridayWeek2>
        <weeklyGrossSubscriptions>43719159.10</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>31996135.56</weeklyGrossRedemptions>
      </fridayWeek2>
      <fridayWeek3>
        <weeklyGrossSubscriptions>50135475.34</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>49012272.38</weeklyGrossRedemptions>
      </fridayWeek3>
      <fridayWeek4>
        <weeklyGrossSubscriptions>52207314.61</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>66022685.28</weeklyGrossRedemptions>
      </fridayWeek4>
      <totalForTheMonthReported>
        <weeklyGrossSubscriptions>183581934.11</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>174478369.75</weeklyGrossRedemptions>
      </totalForTheMonthReported>
      <sevenDayNetYield>0.0079</sevenDayNetYield>
      <personPayForFundFlag>Y</personPayForFundFlag>
      <nameOfPersonDescExpensePay>10065.99</nameOfPersonDescExpensePay>
    </classLevelInfo>
    <classLevelInfo>
      <classesId>C000108175</classesId>
      <minInitialInvestment>1000000.00</minInitialInvestment>
      <netAssetsOfClass>28796015.58</netAssetsOfClass>
      <numberOfSharesOutstanding>28767265.7700</numberOfSharesOutstanding>
      <netAssetPerShare>
        <ns3:fridayWeek1>1.0002</ns3:fridayWeek1>
        <ns3:fridayWeek2>1.0002</ns3:fridayWeek2>
        <ns3:fridayWeek3>1.0002</ns3:fridayWeek3>
        <ns3:fridayWeek4>1.0002</ns3:fridayWeek4>
        <ns3:fridayWeek5>0.0000</ns3:fridayWeek5>
      </netAssetPerShare>
      <fridayWeek1>
        <weeklyGrossSubscriptions>699538.89</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>1393478.80</weeklyGrossRedemptions>
      </fridayWeek1>
      <fridayWeek2>
        <weeklyGrossSubscriptions>245494.11</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>744906.03</weeklyGrossRedemptions>
      </fridayWeek2>
      <fridayWeek3>
        <weeklyGrossSubscriptions>802716.17</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>646005.65</weeklyGrossRedemptions>
      </fridayWeek3>
      <fridayWeek4>
        <weeklyGrossSubscriptions>503115.78</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>918064.73</weeklyGrossRedemptions>
      </fridayWeek4>
      <totalForTheMonthReported>
        <weeklyGrossSubscriptions>2936844.18</weeklyGrossSubscriptions>
        <weeklyGrossRedemptions>3702455.21</weeklyGrossRedemptions>
      </totalForTheMonthReported>
      <sevenDayNetYield>0.0079</sevenDayNetYield>
      <personPayForFundFlag>N</personPayForFundFlag>
    </classLevelInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>BNP PARIBAS BANK</nameOfIssuer>
      <titleOfIssuer>PAR REPO 6/1/2017 0.8100000%</titleOfIssuer>
      <ISINId>0</ISINId>
      <cik>0001146028</cik>
      <otherUniqueId>PARREPO$1</otherUniqueId>
      <investmentCategory>U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash</investmentCategory>
      <fundAcqstnUndrlyngSecurityFlag>Y</fundAcqstnUndrlyngSecurityFlag>
      <repurchaseAgreement>
        <repurchaseAgreementOpenFlag>Y</repurchaseAgreementOpenFlag>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2017-08-15</date>
          </maturityDate>
          <couponOrYield>0.875</couponOrYield>
          <principalAmountToTheNearestCent>200.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>200.45</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2020-06-30</date>
          </maturityDate>
          <couponOrYield>1.625</couponOrYield>
          <principalAmountToTheNearestCent>17590000.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>17786186.81</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>TREASURY INFLATIONARY NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2026-01-15</date>
          </maturityDate>
          <couponOrYield>0.625</couponOrYield>
          <principalAmountToTheNearestCent>11156800.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>11711391.99</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2021-09-30</date>
          </maturityDate>
          <couponOrYield>2.125</couponOrYield>
          <principalAmountToTheNearestCent>46028200.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>47002233.43</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
      </repurchaseAgreement>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-06-01</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-06-01</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-06-01</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.8100</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>75000000.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>75000000.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.1877</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>CREDIT AGRICOLE</nameOfIssuer>
      <titleOfIssuer>YPD REPO 6/1/2017 0.8000000%</titleOfIssuer>
      <CUSIPMember>0</CUSIPMember>
      <ISINId>0</ISINId>
      <cik>0001191672</cik>
      <otherUniqueId>CRAGRIR$P</otherUniqueId>
      <investmentCategory>U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash</investmentCategory>
      <fundAcqstnUndrlyngSecurityFlag>Y</fundAcqstnUndrlyngSecurityFlag>
      <repurchaseAgreement>
        <repurchaseAgreementOpenFlag>Y</repurchaseAgreementOpenFlag>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2026-02-15</date>
          </maturityDate>
          <couponOrYield>1.625</couponOrYield>
          <principalAmountToTheNearestCent>95500000.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>91734759.49</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
      </repurchaseAgreement>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-06-01</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-06-01</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-06-01</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.8000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>89936000.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>89936000.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.2251</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>SOCIETE  GENERALE</nameOfIssuer>
      <titleOfIssuer>SGB REPO 6/1/2017 0.8400000%</titleOfIssuer>
      <CUSIPMember>0</CUSIPMember>
      <ISINId>0</ISINId>
      <cik>0000865845</cik>
      <otherUniqueId>SOCREPO$1</otherUniqueId>
      <investmentCategory>U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash</investmentCategory>
      <fundAcqstnUndrlyngSecurityFlag>Y</fundAcqstnUndrlyngSecurityFlag>
      <repurchaseAgreement>
        <repurchaseAgreementOpenFlag>Y</repurchaseAgreementOpenFlag>
        <collateralIssuers>
          <nameOfCollateralIssuer>TREASURY INFLATIONARY NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2017-07-15</date>
          </maturityDate>
          <couponOrYield>2.625</couponOrYield>
          <principalAmountToTheNearestCent>1000.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>1194.34</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>TREASURY INFLATIONARY NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2021-04-15</date>
          </maturityDate>
          <couponOrYield>0.125</couponOrYield>
          <principalAmountToTheNearestCent>2000.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>2073.34</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>TREASURY INFLATIONARY NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2025-01-15</date>
          </maturityDate>
          <couponOrYield>0.25</couponOrYield>
          <principalAmountToTheNearestCent>200.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>204.93</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>TREASURY INFLATIONARY NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2024-01-15</date>
          </maturityDate>
          <couponOrYield>0.625</couponOrYield>
          <principalAmountToTheNearestCent>100.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>107.49</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>TREASURY INFLATIONARY NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2022-01-15</date>
          </maturityDate>
          <couponOrYield>0.125</couponOrYield>
          <principalAmountToTheNearestCent>100.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>108.64</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  BOND</nameOfCollateralIssuer>
          <maturityDate>
            <date>2043-11-15</date>
          </maturityDate>
          <couponOrYield>3.75</couponOrYield>
          <principalAmountToTheNearestCent>52388800.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>61192040.27</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  BILL</nameOfCollateralIssuer>
          <maturityDate>
            <date>2017-11-24</date>
          </maturityDate>
          <couponOrYield>0</couponOrYield>
          <principalAmountToTheNearestCent>300.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>298.44</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  BILL</nameOfCollateralIssuer>
          <maturityDate>
            <date>2017-11-09</date>
          </maturityDate>
          <couponOrYield>0</couponOrYield>
          <principalAmountToTheNearestCent>1600.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>1592.61</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  BILL</nameOfCollateralIssuer>
          <maturityDate>
            <date>2018-05-24</date>
          </maturityDate>
          <couponOrYield>0</couponOrYield>
          <principalAmountToTheNearestCent>2400.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>2372.72</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
        <collateralIssuers>
          <nameOfCollateralIssuer>U.S. TREASURY  NOTE</nameOfCollateralIssuer>
          <maturityDate>
            <date>2022-11-15</date>
          </maturityDate>
          <couponOrYield>1.625</couponOrYield>
          <principalAmountToTheNearestCent>100.00</principalAmountToTheNearestCent>
          <valueOfCollateralToTheNearestCent>98.90</valueOfCollateralToTheNearestCent>
          <ctgryInvestmentsRprsntsCollateral>U.S. Treasuries (including strips)</ctgryInvestmentsRprsntsCollateral>
        </collateralIssuers>
      </repurchaseAgreement>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-06-01</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-06-01</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-06-01</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.8400</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>60000000.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>60000000.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.1502</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 06/22/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796JX8</CUSIPMember>
      <ISINId>US912796JX89</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-06-22</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-06-22</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-06-22</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>14993520.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>14993520.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0375</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 07/20/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796KB4</CUSIPMember>
      <ISINId>US912796KB41</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-07-20</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-07-20</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-07-20</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>44947980.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>44947980.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.1125</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 08/17/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796KF5</CUSIPMember>
      <ISINId>US912796KF54</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-08-17</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-08-17</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-08-17</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>9980555.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>9980555.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0250</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 11/09/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796KX6</CUSIPMember>
      <ISINId>US912796KX60</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-11-09</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-11-09</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-11-09</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>9954100.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>9954100.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0249</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 07/13/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796LK3</CUSIPMember>
      <ISINId>US912796LK31</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-07-13</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-07-13</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-07-13</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>24975887.50</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>24975887.50</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0625</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 08/03/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796LM9</CUSIPMember>
      <ISINId>US912796LM96</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-08-03</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-08-03</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-08-03</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>14976465.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>14976465.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0375</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 08/31/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796LR8</CUSIPMember>
      <ISINId>US912796LR83</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-08-31</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-08-31</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-08-31</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>24940900.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>24940900.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0624</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 10/05/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796LW7</CUSIPMember>
      <ISINId>US912796LW78</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-10-05</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-10-05</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-10-05</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>9965780.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>9965780.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0249</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 11/02/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796MA4</CUSIPMember>
      <ISINId>US912796MA40</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-11-02</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-11-02</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-11-02</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>9956515.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>9956515.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0249</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <scheduleOfPortfolioSecuritiesInfo>
      <nameOfIssuer>US TREASURY</nameOfIssuer>
      <titleOfIssuer>US TREASURY BILL 11/24/2017 0.000000%</titleOfIssuer>
      <CUSIPMember>912796MD8</CUSIPMember>
      <ISINId>US912796MD88</ISINId>
      <cik>0000000000</cik>
      <otherUniqueId>0</otherUniqueId>
      <investmentCategory>U.S. Treasury Debt</investmentCategory>
      <securityEligibilityFlag>N</securityEligibilityFlag>
      <NRSRO>
        <nameOfNRSRO>N/A</nameOfNRSRO>
        <rating>N/R</rating>
      </NRSRO>
      <investmentMaturityDateWAM>2017-11-24</investmentMaturityDateWAM>
      <investmentMaturityDateWAL>2017-11-24</investmentMaturityDateWAL>
      <finalLegalInvestmentMaturityDate>2017-11-24</finalLegalInvestmentMaturityDate>
      <securityDemandFeatureFlag>N</securityDemandFeatureFlag>
      <securityGuaranteeFlag>N</securityGuaranteeFlag>
      <securityEnhancementsFlag>N</securityEnhancementsFlag>
      <yieldOfTheSecurityAsOfReportingDate>0.0000</yieldOfTheSecurityAsOfReportingDate>
      <includingValueOfAnySponsorSupport>9948375.00</includingValueOfAnySponsorSupport>
      <excludingValueOfAnySponsorSupport>9948375.00</excludingValueOfAnySponsorSupport>
      <percentageOfMoneyMarketFundNetAssets>0.0249</percentageOfMoneyMarketFundNetAssets>
      <securityCategorizedAtLevel3Flag>N</securityCategorizedAtLevel3Flag>
      <dailyLiquidAssetSecurityFlag>Y</dailyLiquidAssetSecurityFlag>
      <weeklyLiquidAssetSecurityFlag>Y</weeklyLiquidAssetSecurityFlag>
      <illiquidSecurityFlag>N</illiquidSecurityFlag>
    </scheduleOfPortfolioSecuritiesInfo>
    <signature>
      <registrant>AdvisorOne Funds</registrant>
      <signatureDate>2017-06-06</signatureDate>
      <signature>/s/Brian Curley</signature>
      <nameOfSigningOfficer>Brian Curley</nameOfSigningOfficer>
      <titleOfSigningOfficer>Principal Financial Officer/Treasurer</titleOfSigningOfficer>
    </signature>
  </formData>
</edgarSubmission>
