Schedule of investments
Optimum International Fund
June 30, 2021 (Unaudited)
Number of shares | Value (US $) | ||
Common Stock – 97.33%Δ | |||
Argentina − 1.84% | |||
MercadoLibre † | 11,942 | $18,603,128 | |
18,603,128 | |||
Australia − 3.78% | |||
BlueScope Steel | 352,361 | 5,802,999 | |
Cettire �� | 66,499 | 131,659 | |
Cochlear | 21,685 | 4,092,825 | |
CSL | 28,377 | 6,069,223 | |
Enero Group | 13,923 | 26,208 | |
Fortescue Metals Group | 25,174 | 440,641 | |
Medusa Mining | 27,687 | 17,338 | |
Mineral Resources | 4,789 | 192,972 | |
Nufarm † | 226,044 | 776,409 | |
Objective | 796 | 10,429 | |
Regis Healthcare | 23,563 | 34,459 | |
Rio Tinto | 19,134 | 1,817,226 | |
Rio Tinto (London Stock Exchange) | 139,915 | 11,513,958 | |
Rio Tinto ADR | 9,828 | 824,471 | |
South32 | 2,417,891 | 5,312,961 | |
Wagners Holding † | 20,675 | 32,871 | |
Whitehaven Coal † | 789,254 | 1,148,288 | |
38,244,937 | |||
Austria − 0.87% | |||
ANDRITZ | 29,128 | 1,636,435 | |
Oesterreichische Post | 811 | 43,130 | |
OMV | 124,791 | 7,098,165 | |
Zumtobel Group † | 4,204 | 42,372 | |
8,820,102 | |||
Belgium − 0.40% | |||
bpost † | 12,776 | 152,855 | |
Umicore | 63,700 | 3,889,912 | |
4,042,767 | |||
Brazil − 1.72% | |||
Cia Siderurgica Nacional | 469,200 | 4,128,069 | |
Eternit † | 110,600 | 549,020 | |
Itau Unibanco Holding ADR | 595,510 | 3,579,015 | |
Klabin † | 664,600 | 3,498,176 | |
Marfrig Global Foods | 327,900 | 1,263,132 | |
Porto Seguro | 1,743 | 18,738 | |
SLC Agricola | 204,300 | 2,095,248 | |
Transmissora Alianca de Energia Eletrica | 292,500 | 2,174,725 | |
Unipar Carbocloro | 3,704 | 76,339 | |
17,382,462 | |||
Canada − 1.83% | |||
AcuityAds Holdings † | 11,100 | 110,140 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Canada (continued) | |||
Advantage Energy † | 88,200 | $360,029 | |
Bird Construction | 33,900 | 241,479 | |
Black Diamond Group † | 5,800 | 18,716 | |
Canfor † | 12,800 | 292,843 | |
Capstone Mining † | 106,600 | 462,656 | |
Cascades | 46,219 | 568,975 | |
Cervus Equipment | 2,551 | 33,956 | |
Constellation Software | 3,382 | 5,122,137 | |
Dexterra Group | 7,500 | 41,445 | |
Doman Building Materials Group | 65,800 | 443,762 | |
E-L Financial | 100 | 76,628 | |
Finning International | 8,100 | 212,040 | |
Intertape Polymer Group | 4,366 | 101,225 | |
Linamar | 4,800 | 301,065 | |
Magna International | 56,900 | 5,268,161 | |
Obsidian Energy † | 31,200 | 106,718 | |
Peyto Exploration & Development | 1,507 | 10,151 | |
Richelieu Hardware | 5,697 | 184,385 | |
Ritchie Bros Auctioneers | 52,367 | 3,104,316 | |
Roots † | 11,100 | 37,072 | |
Stella-Jones | 2,684 | 96,633 | |
Storm Resources † | 18,600 | 63,470 | |
Total Energy Services † | 7,700 | 27,953 | |
Tourmaline Oil | 17,200 | 491,607 | |
Transcontinental Class A | 23,000 | 431,946 | |
West Fraser Timber | 3,300 | 236,905 | |
Western Forest Products | 65,984 | 112,315 | |
18,558,728 | |||
Chile − 0.15% | |||
Banco Santander Chile ADR | 25,473 | 506,149 | |
Cia Cervecerias Unidas ADR | 52,587 | 1,059,102 | |
1,565,251 | |||
China/Hong Kong − 12.01% | |||
Agricultural Bank of China Class H | 2,992,000 | 1,040,454 | |
AIA Group | 759,800 | 9,443,311 | |
Alibaba Group Holding † | 358,100 | 10,146,697 | |
Angang Steel Class H | 180,000 | 114,061 | |
Anhui Transport Consulting & Design Institute Class A | 43,900 | 58,837 | |
Asia Cement China Holdings | 393,862 | 308,422 | |
ASM Pacific Technology | 108,600 | 1,471,442 |
NQ-OPTIE [6/21] 8/21 (1750407) 1
Schedule of investments
Optimum International Fund (Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
China/Hong Kong (continued) | |||
Bank of Communications Class H | 450,196 | $302,670 | |
Baoshan Iron & Steel Class A | 2,277,900 | 2,693,383 | |
Build King Holdings | 80,674 | 11,533 | |
China Construction Bank Class H | 10,885,000 | 8,565,788 | |
China Everbright Bank Class H | 141,000 | 57,567 | |
China Petroleum & Chemical Class H | 6,530,000 | 3,305,243 | |
China South Publishing & Media Group Class A | 473,445 | 646,261 | |
Chow Tai Fook Jewellery Group | 873,800 | 1,996,473 | |
CITIC | 1,279,703 | 1,379,534 | |
Dah Sing Banking Group | 99,200 | 109,494 | |
Dah Sing Financial Holdings | 30,000 | 102,585 | |
Dazzle Fashion Class A † | 184,660 | 711,896 | |
DeHua TB New Decoration Materials Class A | 336,000 | 512,727 | |
Ecovacs Robotics Class A | 45,200 | 1,595,496 | |
Fangda Special Steel Technology Class A | 332,500 | 348,892 | |
Fufeng Group † | 160,000 | 51,312 | |
Guangxi Liugong Machinery Class A | 343,600 | 436,051 | |
Hangzhou Tigermed Consulting Class H | 1,800 | 42,193 | |
Hong Kong Exchanges & Clearing | 96,000 | 5,722,190 | |
Huayu Automotive Systems Class A | 564,200 | 2,293,840 | |
Industrial & Commercial Bank of China Class H | 8,051,705 | 4,728,794 | |
Jiangsu Guotai International Group Class A | 133,400 | 187,874 | |
JNBY Design | 77,000 | 136,857 | |
KE Holdings ADR † | 48,908 | 2,331,933 | |
Kingboard Laminates Holdings | 326,000 | 731,414 | |
KingClean Electric Class A | 45,600 | 439,172 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
China/Hong Kong (continued) | |||
Lee & Man Paper Manufacturing | 465,000 | $353,947 | |
Lenovo Group | 3,864,000 | 4,444,125 | |
Li Ning | 68,000 | 830,262 | |
Luolai Lifestyle Technology Class A | 453,480 | 939,742 | |
Markor International Home Furnishings Class A † | 1,017,400 | 662,894 | |
Meituan Class B † | 165,200 | 6,817,109 | |
Midland Holdings † | 38,000 | 7,831 | |
Nanjing Iron & Steel Class A | 2,612,700 | 1,439,493 | |
Opple Lighting Class A | 123,800 | 491,832 | |
Orient Overseas International | 24,500 | 530,750 | |
PAX Global Technology | 113,000 | 129,965 | |
Ping An Healthcare and Technology † | 323,000 | 4,022,784 | |
Ping An Insurance Group Co. of China Class H | 630,500 | 6,175,640 | |
Prosus † | 34,818 | 3,404,811 | |
SAIC Motor Corp Class A | 789,500 | 2,684,431 | |
SGIS Songshan Class A | 2,477,300 | 1,759,792 | |
Shandong Publishing & Media Class A | 188,800 | 167,720 | |
Shanxi Taigang Stainless Steel Class A | 955,694 | 1,107,824 | |
Sinopec Engineering Group Class H | 34,001 | 22,027 | |
Sinotruk Hong Kong | 488,052 | 1,045,965 | |
Tangshan Sanyou Chemical Industries Class A | 15,100 | 23,626 | |
Techtronic Industries | 42,000 | 733,511 | |
Tencent Holdings | 145,200 | 10,921,371 | |
Tencent Music Entertainment Group ADR † | 292,736 | 4,531,553 | |
Texhong Textile Group | 38,500 | 62,280 | |
United Laboratories International Holdings | 222,000 | 182,134 | |
Value Partners Group | 54,000 | 34,496 | |
Vatti Class A | 965,056 | 1,078,350 | |
Xinyu Iron & Steel Class A | 1,486,800 | 1,283,976 | |
Yonggao Class A | 364,100 | 388,812 |
2 NQ-OPTIE [6/21] 8/21 (1750407)
(Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
China/Hong Kong (continued) | |||
Yue Yuen Industrial Holdings † | 21,000 | $51,876 | |
Zai Lab ADR † | 2,166 | 383,360 | |
Zhejiang Meida Industrial Class A | 140,700 | 398,052 | |
Zhejiang Semir Garment Class A | 1,261,178 | 2,332,461 | |
121,469,198 | |||
Colombia − 0.00% | |||
Grupo Argos | 7,234 | 19,275 | |
19,275 | |||
Denmark − 3.37% | |||
ALK-Abello † | 181 | 86,355 | |
AP Moller - Maersk Class B | 2,025 | 5,820,311 | |
Chr Hansen Holding | 28,316 | 2,555,608 | |
D/S Norden | 1,513 | 48,131 | |
Demant † | 25,782 | 1,451,233 | |
DSV PANALPINA | 56,910 | 13,271,816 | |
GN Store Nord | 2,806 | 245,107 | |
H. Lundbeck | 72,593 | 2,309,317 | |
Jyske Bank † | 617 | 29,850 | |
Novozymes Class B | 93,195 | 7,024,640 | |
Pandora | 9,526 | 1,280,513 | |
34,122,881 | |||
Egypt − 0.00% | |||
ElSewedy Electric | 76,312 | 41,231 | |
41,231 | |||
Finland − 1.42% | |||
Kone Class B | 168,731 | 13,765,008 | |
Orion Class A | 3,147 | 135,082 | |
Orion Class B | 5,885 | 252,958 | |
Revenio Group | 1,620 | 122,746 | |
Suominen | 4,922 | 32,508 | |
Vincit | 3,740 | 44,569 | |
14,352,871 | |||
France − 2.37% | |||
BioMerieux | 7,373 | 856,768 | |
Biosynex | 4,991 | 132,565 | |
Danone | 69,327 | 4,880,480 | |
Dassault Systemes | 20,548 | 4,982,600 | |
Edenred | 99,313 | 5,658,387 | |
Ipsen | 7,085 | 736,939 | |
IPSOS | 23,199 | 977,917 | |
Publicis Groupe | 37,173 | 2,377,561 | |
Sartorius Stedim Biotech | 6,566 | 3,105,690 | |
Virbac | 331 | 113,428 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
France (continued) | |||
Wendel | 799 | $107,437 | |
23,929,772 | |||
Germany − 7.21% | |||
Bayerische Motoren Werke | 69,767 | 7,388,279 | |
BayWa | 2,770 | 119,557 | |
BioNTech ADR † | 12,806 | 2,867,007 | |
Carl Zeiss Meditec | 20,252 | 3,913,050 | |
Cliq Digital | 3,131 | 96,713 | |
Daimler | 105,353 | 9,406,651 | |
Dermapharm Holding | 3,040 | 242,415 | |
Deutsche Bank † | 339,822 | 4,426,742 | |
Deutsche Boerse | 48,606 | 8,483,808 | |
Deutsche Post | 144,350 | 9,817,910 | |
Eckert & Ziegler Strahlen- und Medizintechnik | 1,266 | 144,637 | |
Gerresheimer | 3,778 | 417,738 | |
Heidelberger Druckmaschinen † | 4,896 | 11,640 | |
Hornbach Holding AG & Co. | 851 | 96,972 | |
Just Eat Takeaway.com † | 24,461 | 2,264,365 | |
Merck | 1,790 | 343,207 | |
Rational | 5,732 | 5,192,693 | |
SAP | 61,005 | 8,596,491 | |
Scout24 | 106,950 | 9,019,151 | |
Stabilus | 526 | 42,755 | |
Westwing Group † | 382 | 20,899 | |
72,912,680 | |||
Greece − 0.12% | |||
National Bank of Greece † | 365,851 | 1,041,139 | |
Thrace Plastics Holding and Co. | 17,069 | 135,605 | |
1,176,744 | |||
Hungary − 0.37% | |||
MOL Hungarian Oil & Gas † | 155,043 | 1,233,567 | |
OTP Bank † | 44,217 | 2,380,415 | |
Richter Gedeon | 4,364 | 116,179 | |
3,730,161 | |||
India − 2.60% | |||
Bhansali Engineering Polymers | 201,546 | 478,173 | |
Cosmo Films | 9,965 | 131,329 | |
Cyient | 3,500 | 40,476 |
NQ-OPTIE [6/21] 8/21 (1750407) 3
Schedule of investments
Optimum International Fund (Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
India (continued) | |||
Gujarat Ambuja Exports † | 60,892 | $142,215 | |
Gujarat Narmada Valley Fertilizers & Chemicals | 131,154 | 665,563 | |
HIL | 1,319 | 81,896 | |
Housing Development Finance | 251,476 | 8,374,357 | |
ICICI Lombard General Insurance | 129,401 | 2,727,988 | |
Indian Oil | 645,098 | 936,447 | |
INEOS Styrolution India † | 7,472 | 144,675 | |
JK Lakshmi Cement † | 37,633 | 292,361 | |
KPIT Technologies † | 11,829 | 41,329 | |
Mangalam Cement | 8,057 | 34,340 | |
Oracle Financial Services Software | 1,076 | 52,859 | |
Phillips Carbon Black | 58,887 | 180,709 | |
Prism Johnson † | 31,800 | 55,874 | |
Ratnamani Metals & Tubes † | 1,463 | 40,364 | |
Repco Home Finance | 10,286 | 51,548 | |
Rupa & Co. | 325 | 2,069 | |
Siyaram Silk Mills † | 21,831 | 90,006 | |
Supreme Industries | 12,089 | 352,009 | |
Tata Steel | 294,858 | 4,627,759 | |
TTK Prestige | 2,022 | 254,998 | |
Vardhman Textiles † | 3,899 | 71,727 | |
Welspun India | 111,655 | 144,808 | |
Wipro | 852,437 | 6,257,665 | |
26,273,544 | |||
Indonesia − 0.01% | |||
Japfa Comfeed Indonesia | 1,057,800 | 126,207 | |
126,207 | |||
Ireland − 2.74% | |||
CRH | 116,382 | 5,864,998 | |
CRH (London Stock Exchange) | 36,160 | 1,829,236 | |
ICON † | 21,734 | 4,492,635 | |
Kingspan Group | 75,162 | 7,097,783 | |
Ryanair Holdings ADR † | 78,096 | 8,450,768 | |
27,735,420 | |||
Israel − 0.91% | |||
Bank Hapoalim † | 186,700 | 1,498,113 | |
Bank Leumi Le-Israel † | 556,409 | 4,225,783 | |
Duniec Brothers | 1,022 | 47,022 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Israel (continued) | |||
FIBI Holdings † | 7,012 | $262,185 | |
Isracard † | 7 | 29 | |
Mizrahi Tefahot Bank † | 17,920 | 551,867 | |
Phoenix Holdings | 59,367 | 554,856 | |
ZIM Integrated Shipping Services † | 46,336 | 2,081,876 | |
9,221,731 | |||
Italy − 0.64% | |||
Banca Mediolanum | 33,210 | 323,063 | |
De' Longhi | 5,910 | 257,466 | |
DiaSorin | 2,160 | 408,515 | |
FinecoBank Banca Fineco † | 232,905 | 4,059,656 | |
Leonardo † | 75,638 | 610,953 | |
Mediaset † | 218,942 | 790,254 | |
Pharmanutra | 238 | 13,885 | |
6,463,792 | |||
Japan − 10.73% | |||
A&A Material | 1,800 | 16,607 | |
Advanced Media † | 6,500 | 45,344 | |
Advantest | 5,400 | 486,557 | |
Aica Kogyo | 1,800 | 63,270 | |
Aichi Bank | 1,500 | 37,360 | |
Akatsuki | 3,900 | 124,799 | |
Asante | 1,200 | 18,892 | |
ASKUL | 12,800 | 199,555 | |
Astena Holdings | 15,100 | 86,445 | |
BML | 8,100 | 276,331 | |
Canon | 26,600 | 601,699 | |
Capcom | 80,700 | 2,360,817 | |
COLOPL | 5,500 | 40,942 | |
Credit Saison | 6,900 | 84,096 | |
CTI Engineering | 2,000 | 40,866 | |
CyberAgent | 33,300 | 714,888 | |
Dai-ichi Life Holdings | 5,600 | 102,529 | |
Daiken | 2,200 | 41,309 | |
Daiwa Securities Group | 48,100 | 264,151 | |
DCM Holdings | 8,000 | 76,187 | |
Denso | 83,500 | 5,696,445 | |
Disco | 5,500 | 1,680,769 | |
Doshisha | 6,100 | 94,936 | |
Enplas | 1,600 | 53,216 | |
FANUC | 20,400 | 4,920,275 | |
France Bed Holdings | 13,600 | 111,767 | |
Fuji | 4,000 | 91,525 | |
Fujikura † | 109,900 | 510,450 | |
Fujitsu | 30,300 | 5,672,983 | |
Gakkyusha | 900 | 11,107 | |
GLOBERIDE | 1,900 | 76,705 |
4 NQ-OPTIE [6/21] 8/21 (1750407)
(Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Japan (continued) | |||
Glory | 6,300 | $130,599 | |
GS Yuasa | 2,800 | 71,452 | |
GungHo Online Entertainment | 9,500 | 189,068 | |
H.U. Group Holdings | 15,400 | 397,008 | |
Himaraya | 1,600 | 15,194 | |
Hisamitsu Pharmaceutical | 1,700 | 83,703 | |
Hitachi | 12,700 | 727,168 | |
Hyakugo Bank | 16,700 | 45,999 | |
Ichiyoshi Securities | 10,900 | 56,416 | |
Iida Group Holdings | 20,600 | 530,321 | |
i-mobile † | 6,000 | 88,357 | |
Internet Initiative Japan | 9,400 | 291,912 | |
IwaiCosmo Holdings | 3,800 | 56,336 | |
Japan Best Rescue System | 5,100 | 39,158 | |
Japan Exchange Group | 203,900 | 4,533,354 | |
Japan Living Warranty | 1,400 | 35,537 | |
JK Holdings | 2,300 | 16,355 | |
Joshin Denki | 3,200 | 77,483 | |
Kanamoto | 5,400 | 124,337 | |
Kanematsu | 3,100 | 41,214 | |
King Jim | 3,300 | 26,229 | |
Kintetsu World Express | 3,200 | 67,344 | |
Kokuyo | 6,300 | 98,389 | |
Konica Minolta | 4,500 | 24,871 | |
K's Holdings | 2,600 | 29,886 | |
Kyokuto Securities | 4,300 | 31,390 | |
Macbee Planet Inc † | 1,400 | 102,075 | |
Management Solutions † | 4,900 | 123,498 | |
Marvelous | 9,000 | 63,999 | |
Matsuoka | 1,700 | 25,310 | |
Mazda Motor † | 235,400 | 2,212,139 | |
Meiwa | 1,900 | 8,107 | |
Miraial | 2,100 | 24,857 | |
Mitsubishi Electric | 153,500 | 2,227,992 | |
Mixi | 73,700 | 1,943,751 | |
Naigai Trans Line | 1,600 | 28,559 | |
Nakanishi | 3,400 | 74,369 | |
NGK Insulators | 27,800 | 466,440 | |
Nice | 1,400 | 25,783 | |
Nidec | 65,600 | 7,602,502 | |
Nihon Kohden | 5,400 | 154,084 | |
Nikon | 158,300 | 1,688,514 | |
Nintendo | 20,500 | 11,924,119 | |
Nippon Telegraph & Telephone | 104,900 | 2,733,094 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Japan (continued) | |||
Nishimatsuya Chain | 6,300 | $85,459 | |
Nissan Motor † | 403,900 | 2,004,321 | |
Nisshinbo Holdings | 68,300 | 589,583 | |
Nitto Seiko | 6,700 | 34,074 | |
Nojima | 2,200 | 54,379 | |
Nomura Holdings | 140,300 | 717,065 | |
Onoken | 3,500 | 39,979 | |
Orient | 237,200 | 311,726 | |
Osaki Electric | 19,600 | 107,267 | |
Paramount Bed Holdings | 2,200 | 39,190 | |
Pilot | 1,700 | 57,536 | |
Poletowin Pitcrew Holdings | 5,700 | 55,925 | |
Riken | 3,300 | 75,895 | |
Ryobi | 5,200 | 72,597 | |
Sakai Chemical Industry | 2,200 | 36,635 | |
Sanwa Holdings | 7,000 | 85,944 | |
Sanyo Denki | 900 | 62,217 | |
SCREEN Holdings | 1,500 | 148,252 | |
Seiko Epson | 18,700 | 328,906 | |
Shimamura | 900 | 86,359 | |
Shimano | 26,000 | 6,166,794 | |
Shiseido | 72,800 | 5,354,416 | |
Shofu | 1,800 | 32,016 | |
SMC | 11,900 | 7,032,135 | |
Softcreate Holdings | 1,200 | 27,544 | |
Soliton Systems | 2,000 | 29,650 | |
Sony Group | 59,100 | 5,753,333 | |
Studio Alice | 3,300 | 73,310 | |
Sumitomo Rubber Industries | 32,500 | 448,468 | |
Sun-Wa Technos | 2,400 | 26,161 | |
Suzuken | 2,300 | 67,388 | |
Suzuki Motor | 6,600 | 279,280 | |
Takara Standard | 2,400 | 32,837 | |
T-Gaia | 30,550 | 537,055 | |
Tokai Tokyo Financial Holdings | 28,600 | 101,430 | |
Tokyo Electron | 13,100 | 5,669,454 | |
Tokyo Seimitsu | 2,900 | 131,302 | |
Toshiba | 12,900 | 557,941 | |
Toyota Tsusho | 106,400 | 5,028,129 | |
TS Tech | 13,100 | 202,228 | |
Tsurumi Manufacturing | 1,500 | 23,426 | |
TV Asahi Holdings | 3,000 | 47,554 | |
Uchida Yoko | 1,100 | 48,715 | |
Unitika † | 9,900 | 31,368 | |
Wacom | 33,200 | 210,983 | |
Yamada Holdings | 100,100 | 462,229 | |
Yokohama Rubber | 4,100 | 87,798 |
NQ-OPTIE [6/21] 8/21 (1750407) 5
Schedule of investments
Optimum International Fund (Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Japan (continued) | |||
Yondoshi Holdings | 3,400 | $57,995 | |
ZOZO | 34,000 | 1,155,318 | |
108,530,660 | |||
Luxembourg − 0.93% | |||
Eurofins Scientific † | 77,111 | 8,814,273 | |
RTL Group | 9,587 | 571,231 | |
9,385,504 | |||
Malaysia − 0.10% | |||
AMMB Holdings | 524,200 | 372,489 | |
Hong Leong Financial Group | 60,700 | 260,258 | |
Magni-Tech Industries | 48,000 | 27,286 | |
Public Bank Bhd | 218,000 | 215,821 | |
Sime Darby | 258,000 | 135,479 | |
Unisem M | 18,000 | 31,825 | |
1,043,158 | |||
Malta − 0.16% | |||
Catena Media † | 5,540 | 44,226 | |
Kambi Group † | 3,718 | 184,899 | |
Kindred Group SDR | 86,361 | 1,353,727 | |
1,582,852 | |||
Mexico − 0.24% | |||
Alpek | 329,744 | 405,605 | |
Cemex ADR † | 91,678 | 770,095 | |
Credito Real † | 75,575 | 37,875 | |
Grupo Financiero Inbursa Class O † | 485,392 | 478,233 | |
Ternium ADR | 20,029 | 770,315 | |
2,462,123 | |||
Netherlands − 5.52% | |||
Adyen † | 1,165 | 2,846,372 | |
ASML Holding (New York Shares) | 29,130 | 20,012,996 | |
BE Semiconductor Industries | 17,860 | 1,515,038 | |
Brunel International | 4,916 | 63,654 | |
HAL Trust | 1,370 | 241,072 | |
Heineken Holding | 43,090 | 4,340,433 | |
IMCD | 44,913 | 7,141,575 | |
Koninklijke Philips | 159,488 | 7,903,028 | |
Randstad | 7,003 | 535,596 | |
Topicus.com † | 41,108 | 2,986,266 | |
Wolters Kluwer | 82,588 | 8,296,521 | |
55,882,551 | |||
New Zealand − 0.02% | |||
Arvida Group | 20,401 | 29,091 | |
Eroad † | 2,298 | 10,039 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
New Zealand (continued) | |||
Fletcher Building | 18,647 | $98,018 | |
Mainfreight | 155 | 8,337 | |
Skellerup Holdings | 13,497 | 47,172 | |
192,657 | |||
Norway − 0.00% | |||
FLEX LNG | 922 | 13,332 | |
MPC Container Ships † | 5,619 | 18,273 | |
31,605 | |||
Panama − 0.26% | |||
Copa Holdings Class A † | 35,287 | 2,658,170 | |
2,658,170 | |||
Peru − 0.25% | |||
Credicorp † | 20,654 | 2,501,406 | |
2,501,406 | |||
Philippines − 0.01% | |||
Ginebra San Miguel | 33,690 | 65,392 | |
LT Group | 174,300 | 46,061 | |
111,453 | |||
Poland − 0.96% | |||
Alior Bank † | 31,648 | 276,640 | |
Asseco Poland | 20,652 | 417,860 | |
Bank Handlowy w Warszawie † | 6,409 | 76,814 | |
Bank Millennium † | 161,514 | 197,392 | |
Bank Polska Kasa Opieki † | 49,578 | 1,209,220 | |
Budimex | 941 | 69,101 | |
Grupa Azoty † | 26,566 | 229,918 | |
Grupa Lotos | 1,990 | 28,026 | |
ING Bank Slaski † | 956 | 46,383 | |
KRUK | 611 | 40,253 | |
LiveChat Software | 2,654 | 95,914 | |
mBank † | 12,310 | 1,049,240 | |
PGE Polska Grupa Energetyczna † | 72,911 | 179,935 | |
Polskie Gornictwo Naftowe i Gazownictwo | 132,327 | 231,546 | |
Powszechna Kasa Oszczednosci Bank Polski † | 366,302 | 3,634,200 | |
Powszechny Zaklad Ubezpieczen † | 195,116 | 1,877,985 | |
Warsaw Stock Exchange | 2,850 | 35,608 | |
9,696,035 |
6 NQ-OPTIE [6/21] 8/21 (1750407)
(Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Republic of Korea − 6.32% | |||
AfreecaTV | 2,975 | $314,368 | |
BNK Financial Group | 55,107 | 378,260 | |
Creas F&C | 894 | 27,944 | |
Daechang Forging | 10,249 | 84,092 | |
DGB Financial Group | 8,243 | 68,073 | |
DI Dong Il | 235 | 41,005 | |
DL Holdings | 3,439 | 244,301 | |
F&F † | 1,433 | 712,587 | |
F&F Holdings | 1,447 | 48,377 | |
Hana Financial Group | 9,782 | 400,001 | |
Handsome | 3,352 | 127,841 | |
Hankook Tire & Technology | 4,929 | 226,284 | |
Huvis | 8,332 | 83,975 | |
Hyosung | 4,412 | 403,531 | |
Hyosung TNC | 1,024 | 818,363 | |
HYUNDAI | 1,360 | 24,455 | |
Hyundai Engineering & Construction | 53,181 | 2,753,143 | |
InBody | 2,842 | 76,214 | |
JB Financial Group | 37,570 | 251,212 | |
KB Financial Group | 67,433 | 3,341,261 | |
Keyang Electric Machinery | 9,000 | 41,078 | |
Kia | 64,729 | 5,150,041 | |
KIWOOM Securities | 214 | 24,894 | |
Kolon Industries | 3,419 | 245,309 | |
Korea Petrochemical Ind | 85 | 17,964 | |
KT | 147,921 | 4,176,964 | |
KT ADR | 210,130 | 2,931,313 | |
Kumho Petrochemical | 6,837 | 1,329,577 | |
Kyung Dong Navien | 4,980 | 309,992 | |
LG Display † | 107,132 | 2,330,714 | |
LG Electronics | 37,556 | 5,452,565 | |
NamKwang Engineering & Construction † | 4,563 | 67,666 | |
NAVER | 12,340 | 4,574,835 | |
NH Investment & Securities | 60,594 | 694,102 | |
NPC | 13,519 | 56,842 | |
POSCO | 11,120 | 3,436,274 | |
Samsung Card | 13,434 | 409,169 | |
Samsung Electronics | 152,748 | 10,945,934 | |
Samsung Engineering † | 16,651 | 353,380 | |
Samsung Securities | 25,793 | 1,029,521 | |
Sangsangin † | 14,436 | 100,500 | |
Shinhan Financial Group | 211,530 | 7,626,087 | |
S-Oil † | 22,116 | 2,012,956 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Republic of Korea (continued) | |||
Value Added Technology | 5,157 | $171,495 | |
63,914,459 | |||
Russia − 0.49% | |||
Evraz | 20,349 | 166,641 | |
Magnit GDR | 133,716 | 1,939,551 | |
MMC Norilsk Nickel PJSC ADR | 84,105 | 2,865,457 | |
4,971,649 | |||
Singapore − 0.07% | |||
iFAST | 52,100 | 315,769 | |
IGG | 192,000 | 253,715 | |
Riverstone Holdings | 143,000 | 130,803 | |
700,287 | |||
South Africa − 1.05% | |||
AECI | 18,805 | 129,462 | |
African Rainbow Minerals | 5,071 | 90,678 | |
Anglo American | 114,187 | 4,537,254 | |
Discovery † | 519,146 | 4,590,516 | |
Investec | 62,333 | 249,288 | |
Kumba Iron Ore | 18,634 | 835,907 | |
Motus Holdings | 19,058 | 124,571 | |
Ninety One | 16,741 | 50,118 | |
Omnia Holdings † | 7,530 | 29,134 | |
Thungela Resources † | 1 | 2 | |
10,636,930 | |||
Spain − 1.30% | |||
Amadeus IT Group † | 80,562 | 5,666,625 | |
Grifols | 59,775 | 1,618,858 | |
Grifols ADR | 83,234 | 1,444,110 | |
Industria de Diseno Textil | 117,305 | 4,132,495 | |
Laboratorios Farmaceuticos Rovi | 4,805 | 332,736 | |
13,194,824 | |||
Sweden − 4.04% | |||
Atlas Copco Class B | 152,931 | 8,041,382 | |
Betsson Class B † | 47,340 | 386,106 | |
Bilia Class A | 4,415 | 93,530 | |
Bulten | 9,778 | 117,453 | |
Electrolux Class B | 118,661 | 3,290,246 | |
Epiroc Class B | 301,464 | 5,916,135 | |
Getinge Class B | 139,950 | 5,278,725 | |
Husqvarna Class B | 219,559 | 2,916,986 | |
Instalco | 23 | 954 | |
Kinnevik Class B † | 51,274 | 2,052,614 | |
Micro Systemation Class B | 4,380 | 29,582 |
NQ-OPTIE [6/21] 8/21 (1750407) 7
Schedule of investments
Optimum International Fund (Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Sweden (continued) | |||
Nordnet | 22,064 | $372,413 | |
Paradox Interactive | 4 | 84 | |
Ratos Class B | 3,051 | 18,502 | |
Svedbergs i Dalstorp Class B | 6,899 | 38,050 | |
Telefonaktiebolaget LM Ericsson Class B | 451,528 | 5,674,899 | |
Volvo Class B | 276,931 | 6,662,705 | |
40,890,366 | |||
Switzerland − 7.57% | |||
Adecco Group | 22,556 | 1,532,418 | |
Bellevue Group | 866 | 37,438 | |
Cie Financiere Richemont | 46,673 | 5,647,168 | |
EFG International † | 6,739 | 55,281 | |
Feintool International Holding † | 350 | 22,356 | |
Kuehne + Nagel International | 43,331 | 14,826,906 | |
Logitech International | 54,867 | 6,647,491 | |
Nestle | 75,526 | 9,405,140 | |
Novartis | 68,939 | 6,282,558 | |
Roche Holding | 40,563 | 15,280,447 | |
Sonova Holding | 17,000 | 6,393,948 | |
Swatch Group | 8,894 | 3,051,019 | |
Tecan Group | 421 | 208,578 | |
Temenos | 37,906 | 6,087,902 | |
VZ Holding | 397 | 33,639 | |
Zehnder Group | 11,237 | 1,071,174 | |
76,583,463 | |||
Taiwan − 7.08% | |||
Acer | 2,665,000 | 2,802,494 | |
Asustek Computer | 137,000 | 1,826,667 | |
C Sun Manufacturing | 54,000 | 110,665 | |
Chicony Electronics | 79,000 | 227,962 | |
ChipMOS Technologies | 1,346,000 | 2,299,492 | |
Elan Microelectronics | 47,500 | 331,584 | |
Evergreen Marine Corp. Taiwan † | 873,000 | 6,172,490 | |
General Interface Solution Holding | 140,000 | 620,547 | |
Gigabyte Technology | 8,000 | 30,866 | |
Himax Technologies ADR | 30,769 | 512,611 | |
Hon Hai Precision Industry | 1,195,000 | 4,803,589 | |
Lite-On Technology | 594,000 | 1,227,973 | |
MediaTek | 174,000 | 6,007,645 | |
Micro-Star International | 474,000 | 2,679,408 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Taiwan (continued) | |||
Nantex Industry | 154,000 | $793,145 | |
Novatek Microelectronics | 205,000 | 3,671,422 | |
Pou Chen | 712,000 | 1,004,275 | |
Qualipoly Chemical | 114,000 | 141,157 | |
Quanta Computer | 1,373,000 | 4,311,799 | |
Radiant Opto-Electronics | 453,000 | 1,975,397 | |
Realtek Semiconductor | 149,000 | 2,700,583 | |
Sea ADR † | 6,956 | 1,910,118 | |
Silicon Motion Technology ADR | 19,660 | 1,260,206 | |
Sitronix Technology | 5,000 | 56,169 | |
Taiwan Semiconductor Manufacturing | 805,000 | 17,190,668 | |
Yang Ming Marine Transport † | 693,000 | 4,539,166 | |
Yuanta Financial Holding | 2,494,080 | 2,403,447 | |
71,611,545 | |||
Thailand − 0.18% | |||
AAPICO Hitech NVDR | 112,700 | 79,119 | |
Asia Plus Group Holdings NVDR | 270,700 | 30,575 | |
Krung Thai Bank NVDR | 1,077,430 | 359,704 | |
Siam Cement NVDR | 98,500 | 1,327,675 | |
Somboon Advance Technology NVDR | 107,200 | 73,919 | |
1,870,992 | |||
Turkey − 0.05% | |||
Akbank TAS | 94,566 | 57,347 | |
Arcelik | 72,814 | 249,216 | |
Ford Otomotiv Sanayi | 2,971 | 58,077 | |
Haci Omer Sabanci Holding | 55,412 | 56,578 | |
Petkim Petrokimya Holding † | 36,766 | 22,085 | |
Tofas Turk Otomobil Fabrikasi | 10,530 | 35,726 | |
479,029 | |||
Ukraine − 0.46% | |||
Ferrexpo | 781,368 | 4,623,946 | |
4,623,946 | |||
United Kingdom − 2.97% | |||
888 Holdings | 6,188 | 32,853 | |
Bloomsbury Publishing | 7,978 | 38,405 | |
BP ADR | 47,576 | 1,256,958 | |
Burberry Group † | 112,610 | 3,218,279 | |
CNH Industrial | 387,920 | 6,405,168 |
8 NQ-OPTIE [6/21] 8/21 (1750407)
(Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
United Kingdom (continued) | |||
Craneware | 1,127 | $33,206 | |
Dignity † | 11,611 | 137,968 | |
Experian | 165,424 | 6,375,232 | |
Gem Diamonds | 5,047 | 4,999 | |
Hargreaves Lansdown | 212,761 | 4,676,622 | |
Indivior † | 330,484 | 706,767 | |
Just Group † | 116,103 | 149,604 | |
Kingfisher | 103,646 | 522,596 | |
Mission Group | 18,617 | 18,285 | |
Ninety One | 13,874 | 42,261 | |
Prudential | 336,368 | 6,390,866 | |
30,010,069 | |||
United States − 2.21% | |||
Atlassian Class A † | 17,382 | 4,464,741 | |
BRP | 14,000 | 1,095,515 | |
Inmode † | 24,240 | 2,295,043 | |
James Hardie Industries CDI | 137,391 | 4,664,457 | |
Jasper Infotech =, †, π | 1,420 | 200,580 | |
Jasper Infotech Series G =, †, π | 470 | 66,389 | |
JBS | 502,700 | 2,950,222 | |
Nitro Software † | 11,496 | 28,106 | |
Sims | 71,635 | 891,796 | |
Spotify Technology † | 19,720 | 5,434,635 | |
Viemed Healthcare † | 39,000 | 279,380 | |
22,370,864 | |||
Total Common Stock (cost $900,356,455) | 984,729,479 | ||
Preferred Stock – 1.45%Δ | |||
Brazil − 0.91% | |||
Braskem Class A †, ** | 294,300 | 3,511,743 | |
Cia Ferro Ligas da Bahia 2.62% ** | 10,200 | 91,545 | |
Cia Paranaense de Energia 16.33% ** | 1,123,300 | 1,332,476 | |
Petroleo Brasileiro 2.73% ** | 691,300 | 4,090,426 | |
Taurus Armas †, ** | 40,700 | 192,134 | |
9,218,324 | |||
Germany − 0.54% | |||
Sartorius 0.18% ** | 9,634 | 5,014,923 | |
Schaeffler 3.14% ** | 50,164 | 462,770 | |
5,477,693 | |||
Total Preferred Stock (cost $12,321,620) | 14,696,017 | ||
Number of shares | Value (US $) | ||
Short-Term Investments – 0.01% | |||
Money Market Mutual Funds – 0.01% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.03%) | 32,419 | $32,419 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 32,419 | 32,419 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.02%) | 32,419 | 32,419 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.00%) | 32,419 | 32,419 | |
Total Short-Term Investments (cost $129,676) | 129,676 | ||
Total Value of Securities−98.79% (cost $912,807,751) | 999,555,172 | ||
Receivables and Other Assets Net of Liabilities — 1.21% | 12,257,003 |
Net Assets Applicable to 61,727,263 Shares Outstanding — 100.00% | $1,011,812,175 |
Δ | Securities have been classified by country of origin. |
† | Non-income producing security. |
= | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |
π | Restricted security. These investments are in securities not registered under the Securities Act of 1933, as amended, and have certain restrictions on resale which may limit their liquidity. At June 30, 2021, the aggregate value of restricted securities was $266,969 which represented percentage of 0.03% of the Fund’s net assets. See table below for additional details on restricted securities. |
** | Perpetual security with no stated maturity date. |
Restricted Securities | ||||||
Investments | Date of Acquisition | Cost | Value | |||
Jasper Infotech | 5/7/2014 | $999,482 | $200,580 | |||
Jasper Infotech Series G | 10/29/2014 | 396,443 | 66,389 | |||
Total | $1,395,925 | $266,969 |
NQ-OPTIE [6/21] 8/21 (1750407) 9
Schedule of investments
Optimum International Fund (Unaudited)
The following foreign currency exchange contracts were outstanding at June 30, 2021:
Foreign Currency Exchange Contracts | ||||||||||||
Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Appreciation | Unrealized Depreciation | |||||||
BBH | HKD | 328,173 | USD | (42,257) | 7/2/21 | $9 | $— | |||||
BNYM | CAD | (17,131) | USD | 13,810 | 7/2/21 | — | (10) | |||||
BNYM | CNY | (40,961) | USD | 6,339 | 7/2/21 | 2 | — | |||||
BNYM | EUR | (1,496) | USD | 1,773 | 7/1/21 | — | (1) | |||||
BNYM | HKD | (266,509) | USD | 34,321 | 7/2/21 | — | (3) | |||||
BNYM | JPY | (4,016,455) | USD | 36,350 | 7/1/21 | 197 | — | |||||
NAB | EUR | (78,174) | USD | 92,793 | 7/1/21 | 96 | — | |||||
RBC | AUD | 1,548,091 | USD | (1,161,285) | 7/2/21 | — | (281) | |||||
Total Foreign Currency Exchange Contracts | $304 | $(295) |
The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the financial statements. The foreign currency exchange contracts presented above represent the Fund's total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund's net assets.
Summary of abbreviations: |
ADR – American Depositary Receipt |
AG – Aktiengesellschaft |
BBH – Brown Brothers Harriman & Co. |
BNYM – Bank of New York Mellon |
CDI – CHESS Depositary Interest |
GDR – Global Depositary Receipt |
GS – Goldman Sachs |
NAB – National Australia Bank |
NVDR – Non-Voting Depositary Receipt |
PJSC – Private Joint Stock Company |
RBC – Royal Bank of Canada |
SDR – Special Drawing Right |
Summary of currencies: |
AUD – Australian Dollar |
CAD – Canadian Dollar |
CNY – China Yuan Renminbi |
EUR – European Monetary Unit |
HKD – Hong Kong Dollar |
JPY – Japanese Yen |
USD – US Dollar |
10 NQ-OPTIE [6/21] 8/21 (1750407)