GUINNESS ATKINSON GLOBAL ENERGY FUND
Schedule of Investments
at March 31, 2022 (Unaudited)
| Shares | Common Stocks: 97.2% | Value | ||||||
| Energy - Alternate Sources: 0.7% | ||||||||
| 662 | Maxeon Solar Technologies Ltd. | $ | 9,586 | |||||
| 5,435 | SunPower Corp.* | 116,744 | ||||||
| 126,330 | ||||||||
| Oil & Gas - Exploration & Production: 26.6% | ||||||||
| 16,559 | Canadian Natural Resources Ltd. | 1,025,548 | ||||||
| 7,821 | ConocoPhillips | 782,100 | ||||||
| 2,074,051 | Deltic Energy PLC | 89,918 | ||||||
| 11,474 | Devon Energy Corp. | 678,458 | ||||||
| 4,883 | Diamondback Energy Inc. | 669,362 | ||||||
| 58,847 | Diversified Energy Co., PLC | 90,913 | ||||||
| 260,765 | EnQuest PLC* | 103,726 | ||||||
| 5,344 | EOG Resources Inc. | 637,165 | ||||||
| 137,690 | Pharos Energy PLC | 49,610 | ||||||
| 2,745 | Pioneer Natural Resources Company | 686,332 | ||||||
| 5,221,570 | Reabold Resources PLC* | 24,352 | ||||||
| 4,837,484 | ||||||||
| Oil & Gas - Field Services: 8.1% | ||||||||
| 7,351 | Halliburton Company | 278,382 | ||||||
| 25,508 | Helix Energy Solutions Group, Inc.* | 121,928 | ||||||
| 19,087 | Schlumberger Ltd. | 788,484 | ||||||
| 7,765 | Baker Hughes Company | 282,724 | ||||||
| 1,471,518 | ||||||||
| Oil & Gas - Integrated: 53.4% | ||||||||
| 158,905 | BP PLC | 775,664 | ||||||
| 6,346 | Chevron Corp. | 1,033,319 | ||||||
| 480,000 | China Petroleum & Chemical | 215,594 | ||||||
| 36,056 | Eni SpA | 527,832 | ||||||
| 24,445 | Equinor ASA | 909,903 | ||||||
| 11,186 | Exxon Mobil Corp. | 923,852 | ||||||
| 49,525 | Galp Energia Sgps Sa | 628,695 | ||||||
| 19,658 | Imperial Oil Ltd. | 951,523 | ||||||
| 9,431 | OMV AG | 449,934 | ||||||
| 634,000 | PetroChina Co., Ltd. - H Shares | 292,229 | ||||||
| 45,874 | Repsol SA | 600,119 | ||||||
| 28,429 | Shell PLC | 781,037 | ||||||
| 25,882 | Suncor Energy, Inc. | 842,785 | ||||||
| 15,429 | Total Energies SE | 779,682 | ||||||
| 9,712,168 | ||||||||
| Oil & Gas - Pipelines and Transportation: 4.3% | ||||||||
| 16,885 | Enbridge Inc. | $ | 778,229 | |||||
| Oil Refining & Marketing: 4.1% | ||||||||
| 7,419 | Valero Energy, Corp. | 753,325 | ||||||
| Total Common Stocks | $ | 17,679,054 | ||||||
| (cost $17,389,318) | ||||||||
| Total Investments in Securities | 17,679,054 | |||||||
| (cost $17,389,318): 97.2% | ||||||||
| Other Assets less Liabilities: 2.8% | 504,676 | |||||||
| Net Assets: 100.0% | $ | 18,183,730 | ||||||
| * | Non-income producing security. |
ADR - American Depository Receipt
PLC - Public Limited Company