GUINNESS ATKINSON ALTERNATIVE ENERGY FUND
Schedule of Investments
at March 31, 2021 (Unaudited)
Shares | Common Stocks: 99.9% | Value | ||||||
Electrification: 41.4% | ||||||||
9,560 | APTIV PLC | $ | 1,318,324 | |||||
19,060 | Gentherm Inc.* | 1,412,537 | ||||||
20,120 | Hella GmbH & Co. KGaA | 1,128,252 | ||||||
31,800 | Infineon Technologies AG | 1,348,230 | ||||||
13,460 | Itron Inc.* | 1,193,229 | ||||||
33,970 | Johnson Matthey PLC | 1,410,917 | ||||||
1,850 | LG Chem Ltd. | 1,320,567 | ||||||
38,470 | ON Semiconductor Corp.* | 1,600,737 | ||||||
2,300 | Samsung SDI Co., Ltd. | 1,346,061 | ||||||
9,810 | Schneider Electric SE | 1,498,356 | ||||||
23,800 | Sensata Technologies Holding* | 1,379,210 | ||||||
80,000 | Tianneng Power International | 151,067 | ||||||
15,107,487 | ||||||||
Energy Efficiency: 11.0% | ||||||||
25,610 | Ameresco PLC* | 1,245,414 | ||||||
7,400 | Hubbell Inc. | 1,382,986 | ||||||
44,535 | Nibe Industrier AB - B Shares | 1,381,025 | ||||||
4,009,425 | ||||||||
Renewable Energy Generation: 29.3% | ||||||||
23,220 | Albioma SA | 1,138,169 | ||||||
995,000 | China Longyuan Power Group Corp. - H Shares | 1,351,573 | ||||||
3,323,000 | China Suntien Green Energy Corp. Ltd. - H Shares | 1,269,520 | ||||||
110,960 | Iberdrola SA | 1,429,338 | ||||||
19,460 | Nextera Energy Inc. | 1,471,371 | ||||||
13,009 | Ormat Technologies Inc. | 1,021,597 | ||||||
37,850 | Siemens Gamesa Renewable Energy SA | 1,464,698 | ||||||
94,700 | TransAlta Renewables Inc. | 1,550,075 | ||||||
10,696,341 | ||||||||
Renewal Equipment Manufacturing: 18.2% | ||||||||
25,260 | Canadian Solar Inc.* | 1,253,654 | ||||||
3,570 | Enphase Energy Inc.* | 578,911 | ||||||
14,590 | First Solar Inc.* | 1,273,707 | ||||||
2,130 | Solaredge Technologies Inc.* | 612,247 | ||||||
14,960 | TPI Composites Inc.* | 844,193 | ||||||
5,985 | Vestas Wind Systems A/S | 1,228,486 | ||||||
514,200 | Xinyi Solar Holdings Ltd. | 845,309 | ||||||
6,636,507 |
Total Common Stocks | $ | 36,449,760 | ||||||
(cost $29,327,588) | ||||||||
Total Investments in Securities | 36,449,760 | |||||||
(cost $29,327,588): 99.9% | ||||||||
Other Assets less Liabilities: 0.1% | 39,675 | |||||||
Net Assets: 100.0% | $ | 36,489,435 |
* | Non-income producing security. |
PLC - Public Limited Company