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
