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      <regZipOrPostalCode>94520</regZipOrPostalCode>
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      <seriesName>GuidePath Managed Futures Strategy Fund</seriesName>
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        <name>N/A</name>
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        <name>N/A</name>
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              <counterpartyName>988 UBS FORWARDS</counterpartyName>
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            <amtCurPur>3552066.360000000000</amtCurPur>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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                <indexName>S&amp;P/Toronto Stock Exchange 60 Index</indexName>
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      <invstOrSec>
        <name>N/A</name>
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              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="SGXDB0203081"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Singapore Exchange (was SIMEX)</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="RAM0"/>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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        <name>N/A</name>
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        <title>E-Mini Russ 2000  Jun20</title>
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          <ticker value="RTYM0"/>
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      <invstOrSec>
        <name>N/A</name>
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        <assetCat>DIR</assetCat>
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              <counterpartyName>Eurex</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SOYBEAN FUTURE    Jul20</title>
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          <other otherDesc="TICKER" value="S N0"/>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SBN0"/>
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              <counterpartyName>ICE Futures US Softs</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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          <ticker value="SMN0"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="TPM0"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Osaka Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="USER DEFINED" value="TRYUSD061720"/>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>988 UBS FORWARDS</counterpartyName>
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              <counterpartyName>988 JPM Forwards</counterpartyName>
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              <counterpartyName>988 BNP Forwards</counterpartyName>
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        <name>N/A</name>
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          <ticker value="TUM0"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="TYM0"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EURO-BUXL 30Y BND Jun20</title>
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          <isin value="DE000C4E97D2"/>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="USM0"/>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="DE000C2EZL67"/>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="WNM0"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="XBK0"/>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="YMM0"/>
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                <issuerName>Austrailian Government 3 Year Bonds</issuerName>
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        <name>BANK OF AMERICA NA SR FLT NT 20</name>
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        <name>DG BK N Y BRH CD 1% 20</name>
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        <name>DG BK N Y BRH CD 1.25% 20</name>
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        <name>DWS Government Money Market Se</name>
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        <name>LANDESBANK HESSEN-NY</name>
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        <name>LANDESBANK HESSEN-THURINGEN CD 1.3% 20</name>
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        <name>LANDESBANK BADEN WURTTEMBERG CD 0.25% 20</name>
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        <name>MUFG BK LTD N Y BRH CD 0.98% 20</name>
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        <issuerCat>CORP</issuerCat>
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        <name>MIZUHO BANK LTD/NY</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-20</maturityDt>
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        <name>NATIONAL AUSTRALIA BK/NY</name>
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          <maturityDt>2020-05-20</maturityDt>
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        <name>NATIONAL BK KUWAIT NY BRH CD 2.05% 20</name>
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        <name>NATIONAL BK KUWAIT NY BRH CD 1.4% 20</name>
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        <invCountry>FI</invCountry>
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        <name>NORINCHUKIN BK N Y BRH CD 1.85% 20</name>
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        <name>NORINCHUKIN BK N Y BRH CD 1.64% 20</name>
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        <name>OVERSEA-CHINESE BK CO NY</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2020-06-16</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>ROYAL BANK OF CANADA NY</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-12</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>TORONTO DOMINION BANK NY</name>
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        <name>TORONTO DOMINION BK N Y BRH CD 1.02% 20</name>
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        <name>TREASURY BILL</name>
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        <name>TREASURY BILL</name>
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        <name>TREASURY BILL</name>
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        <name>N/A</name>
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          <ticker value="ADM0"/>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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          <ticker value="BRK0"/>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Short Euro-BTP Fu Jun20</title>
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          <isin value="DE000C4E9799"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Eurex</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="TICKER" value="C N0"/>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Corn No. 2 Yellow</issuerName>
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        <name>N/A</name>
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          <other otherDesc="USER DEFINED" value="CNHUSD061720"/>
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        <assetCat>DFE</assetCat>
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        <derivativeInfo>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="CNM0"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Montreal Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Canadian 10 Year Government Bonds</issuerName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="GB00H1JWQ436"/>
          <ticker value="CON0"/>
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        <balance>-102.000000000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Brent Crude Oil</issuerName>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="CTN0"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE Futures US Softs</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DJIA MINI e-CBOT  Jun20</title>
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          <ticker value="DMM0"/>
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        <assetCat>DE</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <indexBasketInfo>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EURO-SCHATZ FUT   Jun20</title>
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          <isin value="DE000C4E97C4"/>
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        <name>N/A</name>
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          <ticker value="ECM0"/>
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        <name>N/A</name>
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          <ticker value="EDM0"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="NLENX7433933"/>
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        <name>N/A</name>
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              <counterpartyName>ICE Futures Europe Financials</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="ESM0"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="FAM0"/>
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        <assetCat>DE</assetCat>
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              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="FVM0"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LONG GILT FUTURE  Jun20</title>
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          <isin value="GB00H7W77Q67"/>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE Futures Europe Financials</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="GCM0"/>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>Commodity Exchange Inc.</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Gold</issuerName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DAX INDEX FUTURE  Jun20</title>
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          <isin value="DE000C4FMPX2"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Eurex</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>HSCEI Futures     Apr20</title>
        <cusip>N/A</cusip>
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          <ticker value="HCJ0"/>
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        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>Hang Seng China Enterprises Index</indexName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COPPER FUTURE     May20</title>
        <cusip>N/A</cusip>
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          <ticker value="HGK0"/>
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        <balance>-80.000000000000</balance>
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        <assetCat>DCO</assetCat>
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        <derivativeInfo>
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              <counterpartyName>Commodity Exchange Inc.</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Copper</issuerName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>HANG SENG IDX FUT Apr20</title>
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          <ticker value="HIJ0"/>
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        <assetCat>DE</assetCat>
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              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
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              <indexBasketInfo>
                <indexName>Hang Seng Index</indexName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NY Harb ULSD Fut  May20</title>
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          <ticker value="HOK0"/>
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        <balance>-30.000000000000</balance>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>NY Harbor ULSD</issuerName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>IBEX 35 INDX FUTR Apr20</title>
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          <isin value="ES0B00062058"/>
          <ticker value="IBJ0"/>
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        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>Meff Renta Variable (Madrid)</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>IBEX 35 Index</indexName>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Euro-BTP Future   Jun20</title>
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          <isin value="DE000C4E9781"/>
          <ticker value="IKM0"/>
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        <balance>6.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Eurex</counterpartyName>
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                <issuerName>Euro-BTP Italian Government Bonds</issuerName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPN YEN CURR FUT  Jun20</title>
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          <ticker value="JYM0"/>
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        <assetCat>DFE</assetCat>
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              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Japanese Yen/US Dollar Cross Currency Rate</issuerName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COFFEE 'C' FUTURE Jul20</title>
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        <identifiers>
          <ticker value="KCN0"/>
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        <name>N/A</name>
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        <name>N/A</name>
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          <ticker value="LCM0"/>
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        <name>N/A</name>
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          <ticker value="LHM0"/>
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                <issuerName>Lean Hogs</issuerName>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="GB00FVN2R049"/>
          <ticker value="LNM0"/>
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        <name>N/A</name>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="GB00DV8VPH16"/>
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        <name>N/A</name>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="GB00FVN2R262"/>
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                <issuerName>London Metals - Zinc</issuerName>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="MESM0"/>
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              <counterpartyName>ICE Futures US Indices</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>MSCI EAFE         Jun20</title>
        <cusip>N/A</cusip>
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          <ticker value="MFSM0"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-79706.290000000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures US Indices</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <indexName>MSCI EAFE</indexName>
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            <notionalAmt>-855873.710000000000</notionalAmt>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NATURAL GAS FUTR  May20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGK20"/>
        </identifiers>
        <balance>-92.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>232396.880000000000</valUSD>
        <pctVal>0.1041279391</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>Natural Gas</issuerName>
                <issueTitle>Natural Gas</issueTitle>
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                  <cusip value="N/A"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-04-28</expDate>
            <notionalAmt>-1741196.880000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>232396.880000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NIKKEI 225  (OSE) Jun20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NKM0"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="107.525000000000"/>
        <valUSD>-15536.850000000000</valUSD>
        <pctVal>-0.0069614539</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Osaka Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>Nikkei 225 Index</indexName>
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            <notionalAmt>-17249399.999999999985</notionalAmt>
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            <unrealizedAppr>-15536.850000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NOK/USD FWD 20200617</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="NOKUSD061720"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-45233.970000000000</valUSD>
        <pctVal>-0.0202675702</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>988 UBS FORWARDS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>988 CITI FORWARDS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>988 JPM Forwards</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>-5433269.210000000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>56000000.000000000000</amtCurPur>
            <curPur>NOK</curPur>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NOK/USD FWD 20200617</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="NOKUSD061720"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>671852.430000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>988 UBS FORWARDS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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              <counterpartyName>988 CITI FORWARDS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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              <counterpartyName>988 JPM Forwards</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>-80000000.000000000000</amtCurSold>
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            <amtCurPur>8369045.620000000000</amtCurPur>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NASDAQ 100 E-MINI Jun20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NQM0"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4119.280000000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>Nasdaq 100 Index</indexName>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NEW ZEALAND $ FUT Jun20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NVM0"/>
        </identifiers>
        <balance>-82.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>281383.800000000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>New Zealand Dollar/US Dollar Cross Currency Rate</issuerName>
                <issueTitle>New Zealand Dollar/US Dollar Cross Currency Rate</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="NV_Curncy"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-06-15</expDate>
            <notionalAmt>-5159563.800000000000</notionalAmt>
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            <unrealizedAppr>281383.800000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Euro-OAT Future   Jun20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000C4E97F7"/>
          <ticker value="OATM0"/>
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        <balance>24.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Eurex</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>French Government Bonds</issuerName>
                <issueTitle>French Government Bonds</issueTitle>
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                  <cusip value="N/A"/>
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            <expDate>2020-06-08</expDate>
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            <curCd>EUR</curCd>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-05-29</ncom:dateSigned>
      <ncom:nameOfApplicant>GPS Funds II</ncom:nameOfApplicant>
      <ncom:signature>/s/ Patrick Young</ncom:signature>
      <ncom:signerName>Patrick Young</ncom:signerName>
      <ncom:title>Principal Financial Officer/Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
