Data as of: 11/19/2018

Name Shares Market Value % of Market Value % of Net Assets
NASPERS LTD-N SHS 116,846 $23,617,919.69 7.71% 7.71%
TENCENT HOLDINGS LTD 625,492 $23,256,736.33 7.59% 7.59%
ALIBABA GROUP HOLDING-SP 150,676 $22,530,582.28 7.35% 7.36%
MERCADOLIBRE INC 61,570 $20,649,962.30 6.74% 6.74%
NETEASE INC-ADR 87,333 $20,373,042.24 6.65% 6.65%
BAIDU INC - SPON ADR 106,588 $19,515,196.92 6.37% 6.37%
JD.COM INC-ADR 678,517 $14,323,493.87 4.68% 4.68%
NAVER CORP 144,223 $14,248,506.56 4.65% 4.65%
YANDEX NV-A 451,896 $13,145,654.64 4.29% 4.29%
CTRIP.COM INTERNATIONAL-A 486,420 $12,729,611.40 4.16% 4.16%
AUTOHOME INC-ADR 134,540 $9,931,742.80 3.24% 3.24%
NCSOFT CORP 23,093 $9,565,813.84 3.12% 3.12%
58.COM INC-ADR 141,514 $8,220,548.26 2.68% 2.68%
MAIL.RU GROUP-GDR REGS 288,207 $7,366,570.92 2.40% 2.41%
MOMO INC-SPON ADR 231,117 $7,069,869.03 2.31% 2.31%
SINA CORP 103,292 $6,284,285.28 2.05% 2.05%
KAKAO CORP 66,209 $6,277,124.76 2.05% 2.05%
DELIVERY HERO AG 165,325 $6,169,154.16 2.01% 2.01%
KINGDEE INTERNATIONAL SFT 4,079,000 $3,979,080.29 1.30% 1.30%
YY INC-ADR 56,596 $3,769,859.56 1.23% 1.23%
CVC BRASIL OPERADORA E AG 239,700 $3,660,288.97 1.20% 1.20%
VIPSHOP HOLDINGS LTD ADR 501,967 $2,861,211.90 0.93% 0.93%
ZHONGAN ONLINE P&C INSURA 655,400 $2,757,385.55 0.90% 0.90%
WEIBO CORP-SPON ADR 47,561 $2,701,464.80 0.88% 0.88%
B2W CIA DIGITAL 282,831 $2,663,945.33 0.87% 0.87%
ROCKET INTERNET SE 98,963 $2,647,778.81 0.86% 0.87%
SEA LTD-ADR 198,109 $2,515,984.30 0.82% 0.82%
51 JOBS INC ADR 33,954 $2,242,661.70 0.73% 0.73%
CHINA LITERATURE LTD 353,600 $2,097,169.89 0.68% 0.69%
MAKEMYTRIP LTD 90,001 $2,050,222.78 0.67% 0.67%
INFO EDGE INDIA LTD 105,154 $2,034,198.79 0.66% 0.66%
QUDIAN INC-SPON ADR 436,653 $1,934,372.79 0.63% 0.63%
MEITU INC 3,403,500 $1,890,386.69 0.62% 0.62%
COM2US CORP 14,242 $1,712,421.94 0.56% 0.56%
LEXINFINTECH HOLDINGS L-A 165,529 $1,638,737.10 0.54% 0.54%
YIRENDAI LTD - ADR 93,539 $1,520,944.14 0.50% 0.50%
PPDAI GROUP INC-ADR 263,718 $1,434,625.92 0.47% 0.47%
21VIANET GROUP INC 116,435 $1,316,879.85 0.43% 0.43%
BITAUTO HOLDINGS LTD-ADR 71,718 $1,272,277.32 0.42% 0.42%
SOHU.COM LTD-ADR 49,830 $1,025,003.10 0.34% 0.34%
SOGOU INC-ADR 152,396 $949,427.08 0.31% 0.31%
BAOZUN INC-SPN ADR 27,581 $857,217.48 0.28% 0.28%
FANG HOLDINGS LTD - ADR 485,744 $830,622.24 0.27% 0.27%
CHONG SING HOLDINGS FINTE 26,740,000 $802,351.93 0.26% 0.26%
QIWI PLC-SPONSORED ADR 57,042 $797,447.16 0.26% 0.26%
NHN ENTERTAINMENT CORP 15,735 $775,178.10 0.25% 0.25%
CAFE24 CORP 9,061 $759,499.03 0.25% 0.25%
DESPEGAR.COM CORP 46,971 $700,807.32 0.23% 0.23%
PCHOME ONLINE INC 136,058 $605,338.13 0.20% 0.20%
SECOO HOLDING LTD - ADR 58,028 $544,882.92 0.18% 0.18%
HC GROUP INC 861,197 $546,505.50 0.18% 0.18%
CHEETAH MOBILE INC - ADR 56,846 $498,539.42 0.16% 0.16%
CHANGYOU.COM LTD-ADR 25,870 $479,888.50 0.16% 0.16%
AFREECATV CO LTD 12,987 $481,000.00 0.16% 0.16%
NETDRAGON WEBSOFT INC 249,500 $477,856.45 0.16% 0.16%
TIAN GE INTERACTIVE HOLDI 766,000 $449,906.47 0.15% 0.15%
COGOBUY GROUP 910,000 $353,224.33 0.12% 0.12%
INFIBEAM INCORPORATION LT 198,529 $134,344.50 0.04% 0.04%
INDIA RUPEE 262,885 $3,671.71 0.00% 0.00%
TAIWAN DOLLAR 19,956 $645.72 0.00% 0.00%
INDIA CAP GAINS TAX LONG -333,327.81 $-4,655.58 -0.00% -0.00%

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