SmartETFs Asia Pacific Dividend Builder ETF
Schedule of Investments
at September 30, 2021 (Unaudited)
| Shares | Common Stocks: 99.9% | Value ($) | ||||||
| Australia: 11.6% | ||||||||
| 7,454 | Corporate Travel Management Ltd. | $ | 131,749 | |||||
| 3,691 | JB Hi-Fi Ltd. | 121,458 | ||||||
| 44,207 | Metcash Ltd. | 125,592 | ||||||
| 4,291 | Sonic Healthcare Ltd. | 126,126 | ||||||
| 504,925 | ||||||||
| China: 32.0% | ||||||||
| 163,000 | China Construction Bank Corp. - H Shares | 116,837 | ||||||
| 202,000 | China Lilang Ltd. | 117,546 | ||||||
| 67,000 | China Medical System Holdings | 122,214 | ||||||
| 16,500 | China Merchants Bank Co., Ltd. - H Shares | 131,518 | ||||||
| 54,500 | China Overseas Land & Investment Ltd. | 124,196 | ||||||
| 22,000 | China Resources Gas Group Ltd. | 115,586 | ||||||
| 22,600 | Inner Mongolia Yili Industrial Group Co., Ltd. - A Shares | 132,135 | ||||||
| 1,116 | NetEase Inc. - ADR | 95,306 | ||||||
| 18,000 | Ping An Insurance Group Company of China Ltd. - H Shares | 123,126 | ||||||
| 5,900 | Shenzhou International | 125,659 | ||||||
| 38,400 | Suofeiya Home Collection - A Shares | 99,036 | ||||||
| 12,894 | Zhejiang Supor Cookware - A Shares | 93,404 | ||||||
| 1,396,563 | ||||||||
| Hong Kong: 5.2% | ||||||||
| 38,000 | BOC Hong Kong Holdings Ltd. | 114,712 | ||||||
| 13,297 | Link REIT/The | 114,015 | ||||||
| 228,727 | ||||||||
| India: 2.8% | ||||||||
| 6,541 | Tech Machindra LTD | 121,878 | ||||||
| Malaysia: 3.1% | ||||||||
| 138,800 | Public Bank Bhd | 134,938 | ||||||
| Singapore: 9.2% | ||||||||
| 58,354 | Ascendas Real Estate Investment Trust - REIT | 128,897 | ||||||
| 88,900 | CapitaLand Mall Trust - REIT | 132,877 | ||||||
| 6,186 | DBS Group Holdings Ltd. | 138,099 | ||||||
| 399,873 | ||||||||
| South Korea: 9.0% | ||||||||
| 9,498 | Hanon Systems | 125,492 | ||||||
| 17,332 | Korean Reinsurance Co | 139,886 | ||||||
| 1,887 | KT&G Corp. | 129,359 | ||||||
| 394,737 | ||||||||
| Shares | Value ($) | |||||||
| Taiwan: 18.5% | ||||||||
| 18,000 | Catcher Technology Co., Ltd. | $ | 108,305 | |||||
| 16,000 | Elite Material Co., Ltd. | 125,009 | ||||||
| 30,517 | Hon Hai Precision Industry Co., Ltd. | 115,105 | ||||||
| 1,100 | Largan Precision Co., Ltd. | 86,536 | ||||||
| 9,000 | Nien Made Enterprise Co., Ltd. | 128,026 | ||||||
| 7,500 | Novatek Microelectronics Corp. | 110,461 | ||||||
| 1,191 | Taiwan Semiconductor Manufacturing Co., Ltd. | 132,975 | ||||||
| 806,417 | ||||||||
| Thailand: 2.8% | ||||||||
| 44,300 | Tisco Financial Group PCL/Foreign | 120,824 | ||||||
| United States: 5.7% | ||||||||
| 2,510 | Aflac Inc. | 130,846 | ||||||
| 941 | QUALCOMM Inc. | 121,370 | ||||||
| 252,216 | ||||||||
| Total Common Stocks (Cost $3,426,919) | $ | 4,361,098 | ||||||
| Total Investments (Cost $3,426,919): 99.9% | 4,361,098 | |||||||
| Other Assets in Excess of Liabilities - 0.1% | 4,732 | |||||||
| Net Assets: 100.0% | $ | 4,365,830 | ||||||
PCL - Public Company Limited
REIT - Real Estate Investment Trust