GUINNESS ATKINSON GLOBAL INNOVATORS FUND
Schedule of Investments
at September 30, 2021 (Unaudited)
Shares | Common Stocks: 98.0% | Value | ||||||
Application Software: 3.3% | ||||||||
25,156 | Microsoft Corp. | $ | 7,091,979 | |||||
Athletic Footwear: 3.3% | ||||||||
49,086 | NIKE Inc. | 7,128,760 | ||||||
Cable/Satellite TV: 3.4% | ||||||||
130,268 | Comcast Corp. - Class A | 7,285,889 | ||||||
Commercial Services: 3.3% | ||||||||
27,202 | PayPal Holdings, Inc.* | 7,078,232 | ||||||
Computers: 3.3% | ||||||||
50,258 | Apple Inc. | 7,111,507 | ||||||
Diversified Manufacturing Operations: 6.6% | ||||||||
23,465 | Danaher Corp. | 7,143,685 | ||||||
12,373 | Thermo Fisher Scientific Inc. | 7,069,066 | ||||||
14,212,751 | ||||||||
E-Commerce: 3.3% | ||||||||
2,151 | Amazon.com Inc.* | 7,066,121 | ||||||
Electronic Components - Semiconductor: 13.0% | ||||||||
94,291 | Amphenol Corporation | 6,904,930 | ||||||
171,481 | Infineon Technologies AG | 7,038,840 | ||||||
34,457 | NVIDIA Corp. | 7,138,112 | ||||||
3,747 | Samsung Electronics Co., Ltd. - GDR | 7,023,212 | ||||||
28,105,094 | ||||||||
Enterprise Software/Services: 6.5% | ||||||||
12,323 | Adobe Inc.* | 7,094,598 | ||||||
51,691 | SAP SE | 6,997,765 | ||||||
14,092,363 | ||||||||
Finance - Other Services: 9.8% | ||||||||
61,194 | Intercontinental Exchange, Inc. | 7,026,295 | ||||||
20,309 | Mastercard Inc . | 7,061,033 | ||||||
31,620 | Visa Inc. | 7,043,355 | ||||||
21,130,683 | ||||||||
Internet Content: 3.3% | ||||||||
20,937 | Facebook Inc.* | 7,105,808 |
Machinery - Electric Utility: 3.2% | ||||||||
212,013 | ABB Ltd. | $ | 7,098,317 | |||||
Machinery: 3.2% | ||||||||
15,747 | Roper Industries, Inc. | 7,025,209 | ||||||
Metal Instrument: 3.3% | ||||||||
56,604 | Medtronic PLC | 7,095,311 | ||||||
Networking Products: 3.2% | ||||||||
128,461 | Cisco Systems Inc. | 6,992,132 | ||||||
Pharmaceutical: 3.3% | ||||||||
119,187 | Bristol-Myers Squibb Co | 7,052,295 | ||||||
Power Conversion/Supply Equipment: 3.3% | ||||||||
42,394 | Schneider Electric SE | 7,049,731 | ||||||
Retail - Apparel: 3.3% | ||||||||
296,000 | ANTA Sports Products Ltd. | 7,350,909 | ||||||
Semiconductor: 12.9% | ||||||||
53,670 | Applied Materials Inc. | 6,908,939 | ||||||
20,552 | KLA-Tencor Corp. | 6,874,850 | ||||||
12,172 | Lam Research Corp. | 6,927,694 | ||||||
63,737 | Taiwan Semiconductor - ADR | 7,116,236 | ||||||
27,827,719 | ||||||||
Web Portals: 3.2% | ||||||||
2,625 | Alphabet Inc. - A Shares* | 7,017,990 | ||||||
Total Common Stocks | $ | 211,918,800 | ||||||
(cost $109,307,952) | ||||||||
Total Investments in Securities | 211,918,800 | |||||||
(cost $109,307,952): 98.0% | ||||||||
Other Assets less Liabilities: 2.0% | 4,304,242 | |||||||
Net Assets: 100.0% | $ | 216,223,042 |
* | Non-income producing security. |
ADR - American Depository Receipt
GDR - Global Depository Receipt
PLC - Public Limited Company