Data as of: 08/16/2019

Name Shares Market Value % of Market Value % of Net Assets
ALIBABA GRP-ADR 176,487 $30,814,630.20 8.27% 8.28%
TENCENT HOLDINGS LTD 676,092 $28,137,275.20 7.55% 7.56%
MERCADOLIBRE INC 40,015 $24,990,567.95 6.71% 6.71%
NASPERS LTD-N SHS 109,265 $24,173,513.87 6.49% 6.49%
JD.COM INC-ADR 681,722 $21,331,081.38 5.73% 5.73%
PINDUODUO INC-ADR 813,855 $20,354,513.55 5.47% 5.47%
NETEASE INC-ADR 77,706 $20,085,446.88 5.39% 5.39%
NAVER CORP 168,812 $19,448,547.71 5.22% 5.22%
BAIDU INC - SPON ADR 191,584 $18,526,172.80 4.97% 4.98%
CTRIP.COM-ADR 457,326 $15,334,140.78 4.12% 4.12%
YANDEX NV-A 404,687 $14,762,981.76 3.96% 3.97%
PAGSEGURO DIGI-A 236,619 $12,195,343.26 3.27% 3.28%
NCSOFT CORP 19,534 $8,356,618.90 2.24% 2.24%
AUTOHOME INC-ADR 96,049 $7,773,245.57 2.09% 2.09%
SEA LTD-ADR 194,949 $6,905,093.58 1.85% 1.86%
MOMO INC-SPON ADR 204,792 $6,776,567.28 1.82% 1.82%
58.COM INC-ADR 125,401 $6,608,632.70 1.77% 1.78%
KAKAO CORP 61,335 $6,559,757.61 1.76% 1.76%
MAIL.RU GROUP-GDR REGS 261,001 $6,034,343.12 1.62% 1.62%
MULTICHOICE GROUP LTD 561,407 $4,912,887.12 1.32% 1.32%
STONECO LTD-A 147,918 $4,689,000.60 1.26% 1.26%
IQIYI INC-ADR 244,918 $4,183,199.44 1.12% 1.12%
51JOB INC-ADR 57,582 $3,992,735.88 1.07% 1.07%
KINGDEE INTL SFT 3,667,000 $3,558,128.74 0.96% 0.96%
VIPSHOP HOLDINGS 444,673 $3,517,363.43 0.94% 0.95%
BILIBILI INC-ADR 233,899 $3,396,213.48 0.91% 0.91%
SINA CORP 88,456 $3,330,368.40 0.89% 0.89%
CVC BRASIL OPERA 211,400 $2,825,367.28 0.76% 0.76%
QUDIAN INC-SPON ADR 314,884 $2,808,765.28 0.75% 0.75%
YY INC-ADR 50,154 $2,738,408.40 0.74% 0.74%
B2W CIA DIGITAL 256,431 $2,707,244.01 0.73% 0.73%
INFO EDGE INDIA LTD 87,906 $2,702,718.80 0.73% 0.73%
CJ ENM CO LTD 13,548 $1,708,535.00 0.46% 0.46%
LEXINFINTECH-ADR 156,877 $1,673,877.59 0.45% 0.45%
WEIBO CORP-SPON ADR 42,149 $1,562,884.92 0.42% 0.42%
MAKEMYTRIP LTD 66,002 $1,414,422.86 0.38% 0.38%
JUMIA TECHNOLOGIES AG-ADR 101,209 $1,322,801.63 0.36% 0.36%
QIWI PLC-SPONSORED ADR 68,067 $1,299,399.03 0.35% 0.35%
ZHONGAN ONLINE-H 580,700 $1,275,002.58 0.34% 0.34%
BAOZUN INC-SPN ADR 24,456 $1,145,274.48 0.31% 0.31%
HUYA INC-ADR 43,281 $1,051,295.49 0.28% 0.28%
QUTOUTIAO INC-ADR 229,434 $963,622.80 0.26% 0.26%
COM2US CORP 11,928 $869,837.22 0.23% 0.23%
PPDAI GROUP INC-ADR 229,112 $833,967.68 0.22% 0.22%
BITAUTO HOLDINGS LTD-ADR 68,172 $790,113.48 0.21% 0.21%
MEITU INC 2,978,000 $751,823.64 0.20% 0.20%
CHINA LITERATURE LTD 239,600 $734,730.36 0.20% 0.20%
UXIN LTD - ADR 290,715 $726,787.50 0.20% 0.20%
YIXIN GROUP LTD 3,713,000 $724,340.00 0.19% 0.20%
DESPEGAR.COM CORP 67,867 $717,354.19 0.19% 0.19%
21VIANET GROUP INC-ADR 103,186 $703,728.52 0.19% 0.19%
NHN CORP 14,787 $693,646.28 0.19% 0.19%
FUTU HOLDINGS LTD-ADR 59,308 $634,002.52 0.17% 0.17%
JUST DIAL LTD 61,089 $582,257.88 0.16% 0.16%
NETDRAGON WEBSOF 229,000 $576,963.73 0.16% 0.16%
PING AN HEALTHCA 116,700 $566,920.19 0.15% 0.15%
JIANPU TECHNOLOG 151,375 $544,950.00 0.15% 0.15%
AFREECATV CO LTD 10,186 $506,418.80 0.14% 0.14%
CAFE24 CORP 8,846 $498,242.72 0.13% 0.13%
SOGOU INC-ADR 114,806 $469,556.54 0.13% 0.13%
SECOO HOLDING LTD - ADR 55,079 $406,483.02 0.11% 0.11%
HC GROUP INC 755,697 $216,798.52 0.06% 0.06%
YIRENDAI LTD - ADR 20,183 $195,976.93 0.05% 0.05%
CHINA INDEX HDS-ADR 86,221 $181,064.10 0.05% 0.05%
FANG HOLDINGS LTD - ADR 86,087 $159,260.95 0.04% 0.04%
CHANGYOU.COM LTD-ADR 24,871 $149,226.00 0.04% 0.04%
TAIWAN DOLLAR 20,362 $649.28 0.00% 0.00%
INDIA CAP GAINS TAX LONG -10,333,352.06 $-145,223.13 -0.04% -0.04%

Fund holdings and sector allocations are subject to change and are not a recommendation to buy or sell any security.