GUINNESS ATKINSON GLOBAL INNOVATORS FUND
Schedule of Investments
at September 30, 2023 (Unaudited)
Shares | Common Stocks: 99.1% | Value | ||||||
Application Software: 13.8% | ||||||||
11,844 | Intuit Inc. | $ | 6,051,573 | |||||
19,967 | Microsoft Corp. | 6,304,580 | ||||||
27,007 | Salesforce Inc.* | 5,476,479 | ||||||
59,538 | Zoom Video Communications* | 4,164,088 | ||||||
21,996,720 | ||||||||
Athletic Footwear: 2.3% | ||||||||
38,964 | NIKE Inc. | 3,725,738 | ||||||
Cable/Satellite TV: 2.9% | ||||||||
103,234 | Comcast Corp. - Class A | 4,577,395 | ||||||
Commercial Services: 2.7% | ||||||||
73,409 | PayPal Holdings, Inc.* | 4,291,490 | ||||||
Computers: 3.3% | ||||||||
30,481 | Apple Inc. | 5,218,652 | ||||||
Diversified Manufacturing Operations: 6.0% | ||||||||
18,602 | Danaher Corp. | 4,615,156 | ||||||
9,821 | Thermo Fisher Scientific Inc. | 4,971,096 | ||||||
9,586,252 | ||||||||
E-Commerce: 2.7% | ||||||||
34,200 | Amazon.com Inc.* | 4,347,504 | ||||||
Electronic Components - Semiconductor: 11.2% | ||||||||
74,928 | Amphenol Corporation | 6,293,203 | ||||||
135,944 | Infineon Technologies AG | 4,506,766 | ||||||
16,349 | NVIDIA Corp. | 7,111,652 | ||||||
17,911,621 | ||||||||
Enterprise Software/Services: 3.1% | ||||||||
9,795 | Adobe Inc.* | 4,994,471 | ||||||
Finance - Other Services: 11.0% | ||||||||
48,523 | Intercontinental Exchange, Inc. | 5,338,500 | ||||||
16,115 | Mastercard Inc . | 6,380,090 | ||||||
25,051 | Visa Inc. | 5,761,981 | ||||||
17,480,571 | ||||||||
Internet Content: 3.5% | ||||||||
18,631 | Meta Platforms Inc. - Class A* | 5,593,213 |
GUINNESS ATKINSON GLOBAL INNOVATORS FUND
Schedule of Investments
at September 30, 2023 (Unaudited)
Shares | Common Stocks: 99.1% | Value | ||||||
Machinery - Electric Utility: 3.8% | ||||||||
168,440 | ABB Ltd. | 6,035,759 | ||||||
Machinery: 3.8% | ||||||||
12,505 | Roper Industries, Inc. | 6,055,921 | ||||||
Metal Instrument: 2.1% | ||||||||
43,317 | Medtronic PLC | 3,394,320 | ||||||
Pharmaceutical: 2.4% | ||||||||
41,822 | Novo Nordisk A/S | 3,817,306 | ||||||
Power Conversion/Supply Equipment: 3.5% | ||||||||
33,674 | Schneider Electric SE | 5,589,040 | ||||||
Retail - Apparel: 3.6% | ||||||||
514,000 | ANTA Sports Products Ltd. | 5,786,048 | ||||||
Semiconductor: 14.0% | ||||||||
42,584 | Applied Materials Inc. | 5,895,755 | ||||||
12,979 | KLA-Tencor Corp. | 5,952,948 | ||||||
9,657 | Lam Research Corp. | 6,052,718 | ||||||
50,633 | Taiwan Semiconductor - ADR | 4,400,008 | ||||||
22,301,429 | ||||||||
Web Portals: 3.4% | ||||||||
41,730 | Alphabet Inc. - A Shares* | 5,460,788 | ||||||
Total Common Stocks | $ | 158,164,238 | ||||||
(cost $91,985,798) | ||||||||
Total Investments in Securities | 158,164,238 | |||||||
(cost $91,985,798): 99.1% | ||||||||
Other Assets less Liabilities: 0.9% | 1,383,985 | |||||||
Net Assets: 100.0% | $ | 159,548,223 |
* | Non-income producing security. |
ADR - American Depository Receipt
PLC - Public Limited Company