Asian Growth Cubs ETF SCHEDULE OF INVESTMENTS | July 31, 2023 (Unaudited) |
Number of Shares | Value | |||||||
COMMON STOCKS – 86.5% | ||||||||
INDONESIA – 32.5% | ||||||||
AKR Corporindo TBK PT | 3,296,100 | $ | 302,725 | |||||
Bank Central Asia TBK PT | 595,700 | 360,462 | ||||||
Bank Neo Commerce TBK PT* | 5,140,161 | 154,750 | ||||||
Bukalapak.com PT TBK* | 13,768,400 | 197,213 | ||||||
Elang Mahkota Teknologi TBK PT | 3,636,900 | 156,763 | ||||||
Indofood CBP Sukses Makmur TBK PT | 374,300 | 277,995 | ||||||
Kalbe Farma TBK PT | 1,880,600 | 238,816 | ||||||
Media Nusantara Citra TBK PT | 3,917,700 | 163,671 | ||||||
Mitra Adiperkasa TBK PT | 3,952,800 | 519,002 | ||||||
Mitra Keluarga Karyasehat TBK PT | 1,416,200 | 273,285 | ||||||
Prodia Widyahusada TBK PT | 489,500 | 214,237 | ||||||
Telkom Indonesia Persero TBK PT | 1,222,600 | 301,596 | ||||||
Unilever Indonesia TBK PT | 820,200 | 209,401 | ||||||
3,369,916 | ||||||||
MALAYSIA – 5.3% | ||||||||
CTOS Digital BHD | 885,599 | 274,970 | ||||||
Frontken Corp. BHD | 387,813 | 278,668 | ||||||
553,638 | ||||||||
PHILIPPINES – 18.8% | ||||||||
ACEN Corp.* | 1,622,100 | 154,162 | ||||||
Ayala Corp. | 19,690 | 220,471 | ||||||
Bank of the Philippine Islands | 190,868 | 397,895 | ||||||
Bloomberry Resorts Corp.* | 1,411,600 | 304,808 | ||||||
Converge Information and Communications Technology Solutions, Inc.* | 965,100 | 177,469 | ||||||
Megaworld Corp. | 3,988,000 | 148,847 | ||||||
SM Prime Holdings, Inc. | 397,200 | 241,538 | ||||||
Universal Robina Corp. | 136,640 | 304,999 | ||||||
1,950,189 | ||||||||
SINGAPORE – 5.6% | ||||||||
Grab Holdings Ltd., Class A* | 77,120 | 295,370 | ||||||
Sea Ltd., ADR* | 4,306 | 286,435 | ||||||
581,805 | ||||||||
THAILAND – 8.3% | ||||||||
Chularat Hospital PCL | 3,285,717 | 278,380 | ||||||
Fabrinet* | 2,183 | 269,906 | ||||||
Mega Lifesciences PCL | 279,571 | 316,499 | ||||||
864,785 | ||||||||
VIETNAM – 16.0% | ||||||||
Ho Chi Minh City Development Joint Stock Commercial Bank | 395,945 | 290,011 | ||||||
Khang Dien House Trading and Investment JSC* | 246,850 | 390,792 | ||||||
Saigon Beer Alcohol Beverage Corp. | 24,100 | 159,531 | ||||||
Thien Long Group Corp. | 99,700 | 247,908 | ||||||
Viet Capital Securities JSC | 176,900 | 324,861 | ||||||
Vietnam Dairy Products JSC | 74,800 | 246,307 | ||||||
1,659,410 | ||||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $10,070,242) | 8,979,743 |
Number of Shares | Value | |||||||
EXCHANGE-TRADED FUNDS – 4.1% | ||||||||
EQUITY – 4.1% | ||||||||
DCVFMVN Diamond ETF* | 370,500 | $ | 420,591 | |||||
TOTAL EXCHANGE-TRADED FUNDS | ||||||||
(Cost $402,564) | 420,591 | |||||||
SHORT-TERM INVESTMENTS – 9.5% | ||||||||
Invesco Government & Agency Portfolio - Institutional Class, 5.18%(a) | 980,820 | 980,820 | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $980,820) | 980,820 | |||||||
TOTAL INVESTMENTS – 100.1% | ||||||||
(Cost $11,453,626) | 10,381,154 | |||||||
Liabilities in Excess of Other Assets – (0.1%) | (2,249 | ) | ||||||
TOTAL NET ASSETS – 100.0% | $ | 10,378,905 |
* | Non-income producing security. |
(a) | The rate is the annualized seven-day yield at period end. |
ADR | : | American Depositary Receipt |
JSC | : | Joint Stock Company |