Data as of: 07/16/2019

Name Shares Market Value % of Market Value % of Net Assets
TENCENT HOLDINGS LTD 706,892 $32,787,643.09 8.11% 8.11%
ALIBABA GRP-ADR 184,638 $32,162,093.22 7.95% 7.96%
NASPERS LTD-N SHS 114,314 $28,708,939.16 7.10% 7.10%
MERCADOLIBRE INC 41,863 $26,539,048.85 6.56% 6.56%
BAIDU INC - SPON ADR 200,428 $22,894,890.44 5.66% 5.66%
JD.COM INC-ADR 713,226 $21,910,302.72 5.42% 5.42%
NETEASE INC-ADR 81,292 $21,085,518.96 5.21% 5.22%
NAVER CORP 176,611 $17,997,809.01 4.45% 4.45%
CTRIP.COM-ADR 478,457 $17,635,925.02 4.36% 4.36%
PINDUODUO INC-ADR 851,464 $17,131,455.68 4.24% 4.24%
YANDEX NV-A 423,387 $17,049,794.49 4.22% 4.22%
PAGSEGURO DIGI-A 247,553 $11,075,521.22 2.74% 2.74%
NCSOFT CORP 20,436 $8,677,338.54 2.15% 2.15%
AUTOHOME INC-ADR 100,482 $8,420,391.60 2.08% 2.08%
58.COM INC-ADR 131,187 $7,577,361.12 1.87% 1.87%
KAKAO CORP 64,162 $7,246,865.10 1.79% 1.79%
MOMO INC-SPON ADR 214,252 $7,218,149.88 1.79% 1.79%
SEA LTD-ADR 203,958 $7,181,361.18 1.78% 1.78%
MAIL.RU GROUP-GDR REGS 273,057 $6,853,730.70 1.70% 1.70%
MULTICHOICE GROUP LTD 587,345 $5,811,179.82 1.44% 1.44%
STONECO LTD-A 154,749 $5,263,013.49 1.30% 1.30%
IQIYI INC-ADR 256,237 $4,819,817.97 1.19% 1.19%
51JOB INC-ADR 60,233 $4,740,939.43 1.17% 1.17%
BILIBILI INC-ADR 244,701 $3,932,345.07 0.97% 0.97%
SINA CORP 92,537 $3,893,956.96 0.96% 0.96%
VIPSHOP HOLDINGS 465,221 $3,651,984.85 0.90% 0.90%
KINGDEE INTL SFT 3,832,000 $3,558,700.62 0.88% 0.88%
YY INC-ADR 52,464 $3,543,943.20 0.88% 0.88%
INFO EDGE INDIA LTD 91,965 $3,021,365.37 0.75% 0.75%
CVC BRASIL OPERA 221,300 $2,975,111.03 0.74% 0.74%
QUDIAN INC-SPON ADR 329,437 $2,813,391.98 0.70% 0.70%
B2W CIA DIGITAL 268,531 $2,549,548.34 0.63% 0.63%
JUMIA TECHNOLOGIES AG-ADR 105,884 $2,442,743.88 0.60% 0.60%
CJ ENM CO LTD 14,164 $2,110,977.88 0.52% 0.52%
MAKEMYTRIP LTD 69,049 $1,907,823.87 0.47% 0.47%
LEXINFINTECH-ADR 164,126 $1,897,296.56 0.47% 0.47%
WEIBO CORP-SPON ADR 44,096 $1,833,070.72 0.45% 0.45%
ZHONGAN ONLINE-H 607,100 $1,473,960.26 0.36% 0.37%
QIWI PLC-SPONSORED ADR 71,202 $1,425,464.04 0.35% 0.35%
BAOZUN INC-SPN ADR 25,578 $1,360,493.82 0.34% 0.34%
CHINA LITERATURE LTD 250,600 $1,165,238.47 0.29% 0.29%
HUYA INC-ADR 45,272 $1,089,697.04 0.27% 0.27%
PPDAI GROUP INC-ADR 239,694 $1,052,256.66 0.26% 0.26%
QUTOUTIAO INC-ADR 240,027 $1,039,316.91 0.26% 0.26%
COM2US CORP 12,478 $1,018,331.11 0.25% 0.25%
DESPEGAR.COM CORP 71,002 $994,028.00 0.25% 0.25%
YIXIN GROUP LTD 3,883,500 $894,180.40 0.22% 0.22%
NHN CORP 15,469 $869,642.73 0.22% 0.22%
MEITU INC 3,115,500 $868,787.54 0.22% 0.22%
BITAUTO HOLDINGS LTD-ADR 71,318 $852,963.28 0.21% 0.21%
21VIANET GROUP INC-ADR 107,949 $818,253.42 0.20% 0.20%
UXIN LTD - ADR 304,146 $717,784.56 0.18% 0.18%
FUTU HOLDINGS LTD-ADR 62,047 $698,028.75 0.17% 0.17%
JUST DIAL LTD 63,905 $694,748.46 0.17% 0.17%
JIANPU TECHNOLOG 158,360 $587,515.60 0.15% 0.15%
NETDRAGON WEBSOF 240,000 $580,846.94 0.14% 0.14%
AFREECATV CO LTD 10,648 $573,294.72 0.14% 0.14%
CAFE24 CORP 9,253 $484,828.75 0.12% 0.12%
PING AN HEALTHCA 122,200 $478,323.77 0.12% 0.12%
SOGOU INC-ADR 120,108 $473,225.52 0.12% 0.12%
SECOO HOLDING LTD - ADR 57,620 $432,726.20 0.11% 0.11%
CHINA INDEX HDS-ADR 90,203 $274,217.12 0.07% 0.07%
YIRENDAI LTD - ADR 21,107 $265,314.99 0.07% 0.07%
CHANGYOU.COM LTD-ADR 26,015 $239,077.85 0.06% 0.06%
FANG HOLDINGS LTD - ADR 90,058 $230,548.48 0.06% 0.06%
HC GROUP INC 788,697 $230,024.64 0.06% 0.06%
TAIWAN DOLLAR 20,362 $656.02 0.00% 0.00%
INDIA CAP GAINS TAX LONG -8,005,669.4 $-116,511.77 -0.03% -0.03%
INDIA CAPITAL GAINS TAX -462,786.69 $-6,735.24 -0.00% -0.00%

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