Data as of: 06/15/2018

Name Shares Market Value % of Market Value % of Net Assets
ALIBABA GROUP HOLDING-SP 200,871 $41,781,168.00 8.27% 8.27%
TENCENT HOLDINGS LTD 745,192 $38,923,087.31 7.70% 7.70%
BAIDU INC - SPON ADR 129,186 $35,263,902.42 6.98% 6.98%
JD.COM INC-ADR 696,614 $30,365,404.26 6.01% 6.01%
NASPERS LTD-N SHS 122,827 $30,027,492.57 5.94% 5.94%
CTRIP.COM INTERNATIONAL-A 463,214 $23,957,428.08 4.74% 4.74%
MERCADOLIBRE INC 77,553 $23,562,152.46 4.66% 4.66%
YANDEX NV-A 642,889 $23,118,288.44 4.57% 4.58%
NETEASE INC-ADR 86,568 $22,064,451.84 4.37% 4.37%
MOMO INC-SPON ADR 391,940 $21,007,984.00 4.16% 4.16%
NAVER CORP 32,234 $20,261,874.83 4.01% 4.01%
58.COM INC-ADR 239,977 $19,327,747.58 3.82% 3.83%
SINA CORP 175,244 $16,574,577.52 3.28% 3.28%
AUTOHOME INC-ADR 111,882 $13,303,888.62 2.63% 2.63%
NCSOFT CORP 38,857 $12,743,481.83 2.52% 2.52%
DELIVERY HERO AG 255,511 $12,407,337.04 2.46% 2.46%
YY INC-ADR 95,941 $11,012,107.98 2.18% 2.18%
VIPSHOP HOLDINGS LTD ADR 851,168 $9,558,616.64 1.89% 1.89%
DAUM KAKAO CORP 92,669 $9,244,106.31 1.83% 1.83%
WEIBO CORP-SPON ADR 80,639 $8,844,485.52 1.75% 1.75%
MAIL.RU GROUP-GDR REGS 289,881 $8,255,810.88 1.63% 1.63%
KINGDEE INTERNATIONAL SFT 5,860,000 $6,591,944.76 1.30% 1.30%
51 JOBS INC ADR 57,572 $6,165,961.20 1.22% 1.22%
ROCKET INTERNET SE 200,535 $6,024,366.70 1.19% 1.19%
MEITU INC 5,628,000 $5,147,943.51 1.02% 1.02%
MAKEMYTRIP LTD 133,978 $5,010,777.20 0.99% 0.99%
CVC BRASIL OPERADORA E AG 395,000 $4,489,868.07 0.89% 0.89%
COM2US CORP 25,926 $4,083,634.33 0.81% 0.81%
YIRENDAI LTD - ADR 160,163 $3,805,472.88 0.75% 0.75%
FANG HOLDINGS LTD - ADR 823,826 $3,723,693.52 0.74% 0.74%
SOHU.COM LTD-ADR 85,346 $3,520,522.50 0.70% 0.70%
B2W CIA DIGITAL 477,731 $3,240,755.68 0.64% 0.64%
BAOZUN INC-SPN ADR 46,752 $2,937,428.16 0.58% 0.58%
INFO EDGE INDIA LTD 155,078 $2,845,890.56 0.56% 0.56%
BITAUTO HOLDINGS LTD-ADR 100,420 $2,476,357.20 0.49% 0.49%
QIWI PLC-SPONSORED ADR 125,782 $2,079,176.46 0.41% 0.41%
21VIANET GROUP INC 197,490 $1,706,313.60 0.34% 0.34%
NHN ENTERTAINMENT CORP 27,885 $1,666,444.38 0.33% 0.33%
CHANGYOU.COM LTD-ADR 67,563 $1,228,970.97 0.24% 0.24%
PCHOME ONLINE INC 248,058 $1,207,557.74 0.24% 0.24%
TIAN GE INTERACTIVE HOLDI 1,310,000 $1,119,822.16 0.22% 0.22%
NETDRAGON WEBSOFT INC 440,000 $1,073,997.87 0.21% 0.21%
INFIBEAM INCORPORATION LT 440,701 $991,974.23 0.20% 0.20%
DESPEGAR.COM CORP 40,978 $887,173.70 0.18% 0.18%
HC INTERNATIONAL INC 1,382,697 $831,427.26 0.16% 0.17%
COGOBUY GROUP 1,615,000 $812,689.90 0.16% 0.16%
LINK MOTION INC 218,485 $229,409.25 0.05% 0.05%
INDIA RUPEE 8,126 $119.51 0.00% 0.00%
TAIWAN DOLLAR 19,556 $652.05 0.00% 0.00%
INDIA CAPITAL GAINS TAX -5,107,456.94 $-75,115.18 -0.02% -0.02%

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