Data as of: 05/17/2019

Name Shares Market Value % of Market Value % of Net Assets
TENCENT HOLDINGS LTD 747,392 $33,876,070.70 8.38% 8.38%
MERCADOLIBRE INC 58,206 $33,443,421.42 8.28% 8.28%
NASPERS LTD-N SHS 130,860 $30,157,085.64 7.46% 7.46%
ALIBABA GRP-ADR 173,686 $29,451,935.02 7.29% 7.29%
NETEASE INC-ADR 98,423 $26,232,682.19 6.49% 6.49%
JD.COM INC-ADR 789,665 $23,145,081.15 5.73% 5.73%
CTRIP.COM-ADR 581,071 $21,325,305.70 5.28% 5.28%
YANDEX NV-A 519,779 $19,642,448.41 4.86% 4.86%
NAVER CORP 165,067 $16,706,208.02 4.13% 4.13%
BAIDU INC - SPON ADR 128,615 $16,502,590.65 4.08% 4.08%
AUTOHOME INC-ADR 120,503 $12,010,534.01 2.97% 2.97%
NCSOFT CORP 26,541 $10,955,613.32 2.71% 2.71%
58.COM INC-ADR 161,905 $9,936,109.85 2.46% 2.46%
KAKAO CORP 89,227 $9,291,758.19 2.30% 2.30%
DELIVERY HERO SE 191,969 $8,969,693.15 2.22% 2.22%
IQIYI INC-ADR 431,735 $8,220,234.40 2.03% 2.03%
MAIL.RU GROUP-GDR REGS 333,674 $7,901,400.32 1.96% 1.96%
MOMO INC-SPON ADR 264,456 $7,383,611.52 1.83% 1.83%
51JOB INC-ADR 85,206 $6,125,459.34 1.52% 1.52%
SINA CORP 118,234 $5,805,289.40 1.44% 1.44%
KINGDEE INTL SFT 4,707,000 $4,874,986.15 1.21% 1.21%
SEA LTD-ADR 177,464 $4,732,964.88 1.17% 1.17%
VIPSHOP HOLDINGS 574,567 $4,722,940.74 1.17% 1.17%
YY INC-ADR 64,794 $4,373,595.00 1.08% 1.08%
QUDIAN INC-SPON ADR 490,761 $3,356,805.24 0.83% 0.83%
INFO EDGE INDIA LTD 121,030 $3,124,213.70 0.77% 0.77%
CVC BRASIL OPERA 271,800 $3,109,124.23 0.77% 0.77%
WEIBO CORP-SPON ADR 54,457 $2,891,666.70 0.72% 0.72%
LEXINFINTECH-ADR 204,919 $2,661,897.81 0.66% 0.66%
B2W CIA DIGITAL 331,331 $2,639,984.03 0.65% 0.65%
MAKEMYTRIP LTD 104,454 $2,444,223.60 0.61% 0.61%
ROCKET INTERNET SE 94,331 $2,412,751.39 0.60% 0.60%
ZHONGAN ONLINE-H 749,400 $2,219,602.92 0.55% 0.55%
YIRENDAI LTD - ADR 107,883 $1,713,182.04 0.42% 0.42%
PPDAI GROUP INC-ADR 301,165 $1,698,570.60 0.42% 0.42%
CHINA LITERATURE LTD 369,800 $1,597,001.22 0.40% 0.40%
QIWI PLC-SPONSORED ADR 87,256 $1,371,664.32 0.34% 0.34%
COM2US CORP 16,130 $1,345,122.33 0.33% 0.33%
HUYA INC-ADR 59,675 $1,291,963.75 0.32% 0.32%
NHN CORP 18,775 $1,256,325.54 0.31% 0.31%
BAOZUN INC-SPN ADR 31,370 $1,243,506.80 0.31% 0.31%
MEITU INC 3,775,000 $1,226,297.32 0.30% 0.30%
21VIANET GROUP INC-ADR 132,512 $1,191,282.88 0.30% 0.30%
MULTICHOICE GROUP LTD 131,020 $1,165,966.56 0.29% 0.29%
UXIN LTD - ADR 461,576 $1,020,082.96 0.25% 0.25%
SOGOU INC-ADR 186,678 $905,388.30 0.22% 0.22%
BITAUTO HOLDINGS LTD-ADR 70,813 $786,024.30 0.19% 0.20%
AFREECATV CO LTD 13,710 $770,617.71 0.19% 0.19%
PCHOME ONLINE INC 169,058 $677,841.54 0.17% 0.17%
DESPEGAR.COM CORP 53,362 $680,365.50 0.17% 0.17%
FANG HOLDINGS LTD - ADR 551,058 $666,780.18 0.17% 0.17%
CHANGYOU.COM LTD-ADR 31,458 $605,251.92 0.15% 0.15%
SECOO HOLDING LTD - ADR 69,591 $560,207.55 0.14% 0.14%
CAFE24 CORP 11,366 $549,500.06 0.14% 0.14%
HC GROUP INC 962,697 $397,350.05 0.10% 0.10%
CHEETAH MOBILE INC - ADR 66,252 $365,048.52 0.09% 0.09%
SOHU.COM LTD-ADR 18,904 $300,384.56 0.07% 0.07%
CHONG SING 31,644,000 $133,028.27 0.03% 0.03%
TAIWAN DOLLAR 20,362 $650.53 0.00% 0.00%
INDIA CAP GAINS TAX LONG -5,738,769.18 $-81,711.02 -0.02% -0.02%
INDIA CAPITAL GAINS TAX -415,720.39 $-5,919.20 -0.00% -0.00%

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