GUINNESS ATKINSON GLOBAL INNOVATORS FUND
Schedule of Investments
at March 31, 2024 (Unaudited)
Shares | Common Stocks: 97.4% | Value | ||||||
Application Software: 13.3% | ||||||||
11,592 | Intuit Inc. | $ | 7,534,800 | |||||
19,542 | Microsoft Corp. | 8,221,710 | ||||||
26,432 | salesforce.com Inc. | 7,960,790 | ||||||
58,270 | Zoom Video Communications - A Shares* | 3,809,110 | ||||||
27,526,410 | ||||||||
Athletic Footwear: 2.2% | ||||||||
47,392 | NIKE Inc. | 4,453,900 | ||||||
Cable/Satellite TV: 2.1% | ||||||||
101,035 | Comcast Corp. - A Shares | 4,379,867 | ||||||
Commercial Services: 2.8% | ||||||||
87,549 | PayPal Holdings, Inc.* | 5,864,908 | ||||||
Computers: 2.5% | ||||||||
29,832 | Apple Inc. | 5,115,591 | ||||||
Diversified Manufacturing Operations: 9.1% | ||||||||
25,334 | Danaher Corp. | 6,326,406 | ||||||
12,239 | Roper Industries, Inc. | 6,864,121 | ||||||
9,612 | Thermo Fisher Scientific Inc. | 5,586,591 | ||||||
18,777,118 | ||||||||
E-Commerce: 2.9% | ||||||||
33,472 | Amazon.com Inc.* | 6,037,679 | ||||||
Electronic Components - Semiconductor: 10.9% | ||||||||
73,332 | Amphenol Corporation | 8,458,846 | ||||||
133,048 | Infineon Technologies AG | 4,523,207 | ||||||
10,520 | NVIDIA Corp. | 9,505,451 | ||||||
22,487,504 | ||||||||
Enterprise Software/Services: 2.4% | ||||||||
9,587 | Adobe Inc.* | 4,837,600 | ||||||
Finance - Other Services: 10.2% | ||||||||
47,490 | Intercontinental Exchange, Inc. | 6,526,551 | ||||||
15,772 | Mastercard Inc. | 7,595,322 | ||||||
24,518 | Visa Inc. | 6,842,483 | ||||||
20,964,356 | ||||||||
Internet Content: 4.3% | ||||||||
18,234 | Meta Platforms Inc. - Class A | 8,854,066 |
GUINNESS ATKINSON GLOBAL INNOVATORS FUND
Schedule of Investments
at March 31, 2024 (Unaudited)
Shares | Common Stocks: 97.4% | Value | ||||||
Machinery - Electric Utility: 3.7% | ||||||||
164,851 | ABB Ltd. | $ | 7,656,734 | |||||
Medical Instrument: 1.8% | ||||||||
42,394 | Medtronic PLC | 3,694,637 | ||||||
Pharmaceutical: 3.3% | ||||||||
52,698 | Novo Nordisk A/S | 6,716,961 | ||||||
Power Conversion/Supply Equipment: 3.6% | ||||||||
32,957 | Schneider Electric SE | 7,453,553 | ||||||
Retail - Apparel: 3.1% | ||||||||
608,800 | ANTA Sports Products Ltd. | 6,471,507 | ||||||
Semiconductor: 16.2% | ||||||||
41,677 | Applied Materials Inc. | 8,595,048 | ||||||
12,703 | KLA-Tencor Corp. | 8,873,935 | ||||||
9,452 | Lam Research Corp. | 9,183,280 | ||||||
49,555 | Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 6,741,958 | ||||||
33,394,221 | ||||||||
Web Portals: 3.0% | ||||||||
40,841 | Alphabet Inc. - A Shares* | 6,164,132 | ||||||
Total Common Stocks | 200,850,744 | |||||||
(cost $95,283,559) | ||||||||
Total Investments in Securities | 200,850,744 | |||||||
(cost $95,283,559): 97.4% | ||||||||
Other Assets less Liabilities: 2.6% | 5,350,603 | |||||||
Net Assets: 100.0% | $ | 206,201,347 |
* | Non-income producing security. |
ADR - American Depository Receipt
PLC - Public Limited Company