(null)


  
    NPORT-P
    false
    
      
      
        
          0001580353
          XXXXXXXX
        
      
      
      
      
        S000042089
        C000130710
      
      
    
  
  
    
      Forethought Variable Insurance Trust
      811-22865
      0001580353
      5493006EQMR1BNKF6A36
      10 West Market Street
      Suite 2300
      Indianapolis
      
      46204
      877-355-1820
      Global Atlantic BlackRock Selects Managed Risk Portfolio
      S000042089
      549300LAU2RPS5LACP68
      2022-12-31
      2022-03-31
      N
    
    
      213868454.28
      182711.13
      213685743.15
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      1762223.86000000
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        CHICAGO MERCANTILE EXCHANGE INC.
        SNZ2OJLFK8MNNCLQOF39
        CME E-Mini Standard & Poor's 500 Index
        000000000
        
          
          
        
        -63.00000000
        NC
        USD
        -896372.50000000
        -0.41948165880
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              CHICAGO MERCANTILE EXCHANGE INC.
              SNZ2OJLFK8MNNCLQOF39
            
            Short
            
              
                STANDARD & POOR'S FINANCIAL SERVICES LLC
                STANDARD & POORS'S 500
                
                  
                  
                  
                
              
            
            2022-06-17
            -13375490.00000000
            USD
            -896372.50000000
          
        
        
          N
          N
          N
        
      
      
        ICE FUTURES U.S., INC.
        5493004R83R1LVX2IL36
        ICE US MINI MSCI EAFE INDEX
        000000000
        
          
          
        
        -75.00000000
        NC
        USD
        -503195.00000000
        -0.23548365585
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              ICE FUTURES U.S., INC.
              5493004R83R1LVX2IL36
            
            Short
            
              
                MSCI
                MSCI EAFE INDEX
                
                  
                  
                  
                
              
            
            2022-06-17
            -7538305.00000000
            USD
            -503195.00000000
          
        
        
          N
          N
          N
        
      
      
        iShares iBoxx High Yield Corporate Bond ETF
        N/A
        iShares iBoxx High Yield Corporate Bond ETF
        464288513
        
          
          
        
        74881.00000000
        NS
        USD
        6161957.49000000
        2.883654004785
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Core MSCI Emerging Markets ETF
        5493007C24Z3ZDJ0VD06
        iShares Core MSCI Emerging Markets ETF
        46434G103
        
          
          
        
        55874.00000000
        NS
        USD
        3103800.70000000
        1.452507151036
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Core S&P U.S. Growth ETF
        549300JOHA1VZHAEBP32
        iShares Core S&P U.S. Growth ETF
        464287671
        
          
          
        
        281600.00000000
        NS
        USD
        29753856.00000000
        13.92411845609
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Global Healthcare ETF
        5493008DMA8OZ7F0WV53
        iShares Global Healthcare ETF
        464287325
        
          
          
        
        59253.00000000
        NS
        USD
        5191747.86000000
        2.429618271891
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares 7-10 Year Treasury Bond ETF
        549300XS1PPZG92M8L16
        iShares 7-10 Year Treasury Bond ETF
        464287440
        
          
          
        
        37227.00000000
        NS
        USD
        4000785.69000000
        1.872275441039
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Core S&P U.S. Value ETF
        5493000QQ8DI7M01C732
        iShares Core S&P U.S. Value ETF
        464287663
        
          
          
        
        177382.00000000
        NS
        USD
        13457972.34000000
        6.298020701621
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Core MSCI EAFE ETF
        5493009FT582MI7Y3I36
        iShares Core MSCI EAFE ETF
        46432F842
        
          
          
        
        177980.00000000
        NS
        USD
        12371389.80000000
        5.789525130516
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BlackRock Global Allocation VI Fund
        N/A
        BlackRock Global Allocation VI Fund
        09253L777
        
          
          
        
        2870675.22600000
        NS
        USD
        47595795.25000000
        22.27373457319
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CHICAGO MERCANTILE EXCHANGE INC.
        SNZ2OJLFK8MNNCLQOF39
        E-MINI RUSSELL 2000 INDEX
        000000000
        
          
          
        
        -13.00000000
        NC
        USD
        -38675.00000000
        -0.01809900811
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              CHICAGO MERCANTILE EXCHANGE INC.
              SNZ2OJLFK8MNNCLQOF39
            
            Short
            
              
                FINANCIAL TIMES STOCK EXCHANGE
                RUSSELL 2000 INDEX
                
                  
                  
                  
                
              
            
            2022-06-17
            -1304485.00000000
            USD
            -38675.00000000
          
        
        
          N
          N
          N
        
      
      
        iShares Short Treasury Bond ETF
        549300F8ZJ4IZLOOBP30
        iShares Short Treasury Bond ETF
        464288679
        
          
          
        
        120774.00000000
        NS
        USD
        13315333.50000000
        6.231269013886
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fidelity Government Portfolio
        N/A
        Fidelity Government Portfolio
        316175108
        
          
          
        
        1170249.20000000
        NS
        USD
        1170249.20000000
        0.547649638552
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares MSCI Global Min Vol Factor ETF
        549300DZXYYH8TOP8M46
        iShares MSCI Global Min Vol Factor ETF
        464286525
        
          
          
        
        49537.00000000
        NS
        USD
        5192468.34000000
        2.429955439916
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares MSCI Eurozone ETF
        549300Q88WD2SU6SPH06
        iShares MSCI Eurozone ETF
        464286608
        
          
          
        
        212451.00000000
        NS
        USD
        9192754.77000000
        4.301997238789
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ICE FUTURES U.S., INC.
        5493004R83R1LVX2IL36
        MSCI EMERGING MARKETS INDEX
        000000000
        
          
          
        
        -38.00000000
        NC
        USD
        -111305.00000000
        -0.05208817320
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              ICE FUTURES U.S., INC.
              5493004R83R1LVX2IL36
            
            Short
            
              
                MSCI
                MSCI EMERGING MARKETS INDEX
                
                  
                  
                  
                
              
            
            2022-06-17
            -2027145.00000000
            USD
            -111305.00000000
          
        
        
          N
          N
          N
        
      
      
        iShares U.S. Energy ETF
        549300GL0EFBIH6RSZ34
        iShares U.S. Energy ETF
        464287796
        
          
          
        
        104191.00000000
        NS
        USD
        4263495.72000000
        1.995217676739
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares US Consumer Discretionary ETF
        549300B56E9Q869S8H58
        iShares US Consumer Discretionary ETF
        464287580
        
          
          
        
        69956.00000000
        NS
        USD
        5249498.24000000
        2.456644117953
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares MBS ETF
        549300M0TH0IE2E6RP07
        iShares MBS ETF
        464288588
        
          
          
        
        59889.00000000
        NS
        USD
        6100892.43000000
        2.855076964922
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares JP Morgan USD Emerging Markets Bond ETF
        54930070R8WH6MNUJG74
        iShares JP Morgan USD Emerging Markets Bond ETF
        464288281
        
          
          
        
        20923.00000000
        NS
        USD
        2045432.48000000
        0.957215231043
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CHICAGO MERCANTILE EXCHANGE INC.
        SNZ2OJLFK8MNNCLQOF39
        E-MINI STANDARD & POOR'S MIDCAP 400 INDEX
        000000000
        
          
          
        
        -11.00000000
        NC
        USD
        -115255.00000000
        -0.05393668211
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              CHICAGO MERCANTILE EXCHANGE INC.
              SNZ2OJLFK8MNNCLQOF39
            
            Short
            
              
                STANDARD & POOR'S FINANCIAL SERVICES LLC
                STANDARD & POOR'S MIDCAP 400 INDEX
                
                  
                  
                  
                
              
            
            2022-06-17
            -2842865.00000000
            USD
            -115255.00000000
          
        
        
          N
          N
          N
        
      
      
        iShares U.S. Basic Materials ETF
        549300C3N3XQBDOFN604
        iShares U.S. Basic Materials ETF
        464287838
        
          
          
        
        7181.00000000
        NS
        USD
        1073990.36000000
        0.502602721252
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dreyfus Government Cash Management
        5493000Q69I5Q3QZIA91
        Dreyfus Government Cash Management
        262006208
        
          
          
        
        5701465.50000000
        NS
        USD
        5701465.50000000
        2.668154372843
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares 1-3 Year Treasury Bond ETF
        549300W0WX9TL4G6HM56
        iShares 1-3 Year Treasury Bond ETF
        464287457
        
          
          
        
        195488.00000000
        NS
        USD
        16293924.80000000
        7.625181053170
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares iBoxx $ Investment Grade Corporate Bond ETF
        549300FYCXFXG8POR355
        iShares iBoxx $ Investment Grade Corporate Bond ETF
        464287242
        
          
          
        
        16722.00000000
        NS
        USD
        2022358.68000000
        0.946417224746
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares U.S. Industrials ETF
        5493000L7550ZVGTF755
        iShares U.S. Industrials ETF
        464287754
        
          
          
        
        78455.00000000
        NS
        USD
        8271510.65000000
        3.870876235385
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares 3-7 Year Treasury Bond ETF
        549300BUGBHWMFPSNL42
        iShares 3-7 Year Treasury Bond ETF
        464288661
        
          
          
        
        74439.00000000
        NS
        USD
        9085279.95000000
        4.251701501500
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Global Financials ETF
        549300ZMR7B4O75NER74
        iShares Global Financials ETF
        464287333
        
          
          
        
        13242.00000000
        NS
        USD
        1052076.90000000
        0.492347727317
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2022-05-20
      Forethought Variable Insurance Trust
      Cameron Jeffreys, CFA
      Cameron Jeffreys, CFA
      Senior Vice President
    
  
  XXXX

Global Atlantic BlackRock Selects Managed Risk Portfolio
Portfolio of Investments (Unaudited)
March 31, 2022

	Shares/ Principal		Fair Value
Exchange Traded Funds - 73.6%
Debt Funds - 27.6%
iShares 1-3 Year Treasury Bond ETF		195,488		$16,293,925
iShares 3-7 Year Treasury Bond ETF		74,439		9,085,280
iShares 7-10 Year Treasury Bond ETF		37,227		4,000,786
iShares iBoxx $ Investment Grade Corporate Bond ETF		16,722		2,022,359
iShares iBoxx High Yield Corporate Bond ETF		74,881		6,161,957
iShares JP Morgan USD Emerging Markets Bond ETF		20,923		2,045,432
iShares MBS ETF		59,889		6,100,892
iShares Short Treasury Bond ETF^*		120,774		13,315,334
Total Debt Funds				59,025,965
Equity Funds - 46.0%
iShares Core MSCI EAFE ETF		177,980		12,371,390
iShares Core MSCI Emerging Markets ETF		55,874		3,103,801
iShares Core S&P U.S. Growth ETF		281,600		29,753,856
iShares Core S&P U.S. Value ETF		177,382		13,457,972
iShares Global Financials ETF		13,242		1,052,077
iShares Global Healthcare ETF		59,253		5,191,748
iShares MSCI Eurozone ETF		212,451		9,192,755
iShares MSCI Global Min Vol Factor ETF		49,537		5,192,468
iShares U.S. Basic Materials ETF		7,181		1,073,990
iShares U.S. Consumer Discretionary ETF		69,956		5,249,498
iShares U.S. Energy ETF		104,191		4,263,496
iShares U.S. Industrials ETF		78,455		8,271,511
Total Equity Funds				98,174,562
Total Exchange Traded Funds (Cost - $139,835,065)				157,200,527
Variable Insurance Trusts - 22.3%
Asset Allocation Fund - 22.3%
BlackRock Global Allocation VI Fund, Class I (Cost - $43,707,830)^*		2,870,675		47,595,795
Short-Term Investments - 3.2%
Money Market Funds - 3.2%
Dreyfus Government Cash Management, 0.19%^(a)		5,701,466		5,701,466
Fidelity Investments Money Market Fund - Government Portfolio, Institutional Class, 0.12%^(a)		1,170,249		1,170,249
Total Short-Term Investments (Cost - $6,871,715)				6,871,715
Total Investments - 99.1%
(Cost - $190,414,610)				$211,668,037
Other Assets Less Liabilities - Net 0.9%				1,960,791
Total Net Assets - 100.0%				$213,628,828

Global Atlantic BlackRock Selects Managed Risk Portfolio
Portfolio of Investments (Unaudited) (Continued)
March 31, 2022

*	Non-income producing security.
(a)	The rate shown is the annualized seven-day yield at period end.

Futures Contracts
	Counterparty	Number of Contracts	Expiration Date	Notional Value	Fair Value/Unrealized Appreciation (Depreciation)
Short Futures Contracts
E-Mini Russell 2000 Future	Goldman Sachs & Co.	12	6/17/2022	$1,239,840	$(35,700)
MSCI EAFE Future	Goldman Sachs & Co.	70	6/17/2022	7,505,400	(470,225)
MSCI Emerging Market Index Future	Goldman Sachs & Co.	35	6/17/2022	1,969,625	(102,620)
S&P 500 E-Mini Future	Goldman Sachs & Co.	60	6/17/2022	13,592,250	(853,960)
S&P MID 400 E-Mini Future	Goldman Sachs & Co.	11	6/17/2022	2,958,120	(115,255)

TOTAL NET UNREALIZED DEPRECIATION ON FUTURES CONTRACTS					$(1,577,760)