GUINNESS ATKINSON ALTERNATIVE ENERGY FUND
Schedule of Investments
at March 31, 2023 (Unaudited)
Shares | Common Stocks: 94.2% | Value | ||||||
Electrification: 30.8% | ||||||||
10,621 | APTIV PLC | $ | 1,191,570 | |||||
15,702 | Gentherm Inc.* | 948,715 | ||||||
39,758 | Infineon Technologies AG | 1,630,086 | ||||||
37,337 | Johnson Matthey PLC | 915,499 | ||||||
2,431 | LG Chem Ltd. | 1,331,059 | ||||||
18,149 | ON Semiconductor Corp.* | 1,494,026 | ||||||
2,597 | Samsung SDI Co., Ltd. | 1,471,847 | ||||||
27,693 | Sensata Technologies Holding* | 1,385,204 | ||||||
80,000 | Tianneng Power International | 94,720 | ||||||
10,462,726 | ||||||||
Energy Efficiency: 14.7% | ||||||||
18,456 | Ameresco PLC* | 908,404 | ||||||
4,860 | Hubbell Inc. | 1,182,487 | ||||||
116,998 | Nibe Industrier AB - B Shares | 1,335,049 | ||||||
7,614 | Trane Technologies PLC | 1,554,133 | ||||||
4,980,073 | ||||||||
Renewable Energy Generation: 16.5% | ||||||||
669,000 | China Longyuan Power Group Corp. - H Shares | 762,740 | ||||||
1,348,000 | China Suntien Green Energy Corp. Ltd. - H Shares | 588,490 | ||||||
124,749 | Iberdrola SA | 1,355,066 | ||||||
17,580 | Nextera Energy Inc. | 362,072 | ||||||
13,572 | Ormat Technologies Inc. | 1,400,824 | ||||||
23,180 | Sunnova Energy International Inc.* | 1,150,498 | ||||||
5,619,690 | ||||||||
Renewable Equipment Manufacturing: 32.2% | ||||||||
30,025 | Canadian Solar Inc.* | 1,195,295 | ||||||
7,327 | Eaton Corp PLC | 1,255,408 | ||||||
16,007 | Enphase Energy Inc.* | 1,839,615 | ||||||
3,788 | First Solar Inc.* | 887,588 | ||||||
8,458 | Itron Inc.* | 796,541 | ||||||
7,847 | Legrand SA | 717,680 | ||||||
7,697 | Schneider Electric SE | 1,285,735 | ||||||
2,260 | Solaredge Technologies Inc.* | 686,927 | ||||||
18,412 | TPI Composites Inc.* | 240,277 | ||||||
42,900 | Vestas Wind Systems A/S | 1,242,316 | ||||||
658,200 | Xinyi Solar Holdings Ltd. | 789,438 | ||||||
10,936,820 |
GUINNESS ATKINSON ALTERNATIVE ENERGY FUND
Schedule of Investments
at March 31, 2023 (Unaudited)
Shares | Common Stocks: 94.2% | Value | ||||||
Total Common Stocks | $ | 31,999,309 | ||||||
(cost $29,247,058) | ||||||||
Total Investments in Securities | 31,999,309 | |||||||
(cost $29,247,058): 94.2% | ||||||||
Other Assets less Liabilities: 5.8% | 1,962,787 | |||||||
Net Assets: 100.0% | $ | 33,962,096 |
* | Non-income producing security. |
PLC - Public Limited Company