GUINNESS ATKINSON GLOBAL ENERGY FUND
Schedule of Investments
at March 31, 2024 (Unaudited)
Shares | Common Stocks: 98.3% | Value | ||||||
Energy - Alternate Sources: 0.1% | ||||||||
662 | Maxeon Solar Technologies Ltd.* | $ | 2,204 | |||||
4,406 | SunPower Corp.* | 13,218 | ||||||
15,422 | ||||||||
Oil & Gas - Exploration & Production: 24.4% | ||||||||
6,455 | Canadian Natural Resources Ltd. | 492,375 | ||||||
4,530 | ConocoPhillips | 576,578 | ||||||
93,640 | Deltic Energy PLC* | 39,235 | ||||||
6,953 | Devon Energy Corp. | 348,902 | ||||||
2,686 | Diamondback Energy Inc. | 532,285 | ||||||
2,075 | Diversified Energy Co PLC | 24,826 | ||||||
213,942 | EnQuest PLC* | 38,071 | ||||||
3,223 | EOG Resources Inc. | 412,028 | ||||||
127,428 | Pharos Energy PLC | 33,772 | ||||||
1,815 | Pioneer Natural Resources Company | 476,437 | ||||||
5,221,570 | Reabold Resources PLC* | 4,119 | ||||||
2,978,628 | ||||||||
Oil & Gas - Field Services: 9.5% | ||||||||
6,738 | Baker Hughes Company | 225,723 | ||||||
10,517 | Halliburton Company | 414,580 | ||||||
10,795 | Helix Energy Solutions Group, Inc.* | 117,018 | ||||||
7,410 | Schlumberger Ltd. | 406,142 | ||||||
1,163,463 | ||||||||
Oil & Gas - Integrated: 53.4% | ||||||||
88,874 | BP PLC | 555,994 | ||||||
20,745 | Cenovus Energy Inc. | 414,701 | ||||||
3,288 | Chevron Corp. | 518,649 | ||||||
23,447 | Eni SpA | 370,498 | ||||||
12,243 | Equinor ASA | 322,901 | ||||||
5,760 | Exxon Mobil Corp. | 669,542 | ||||||
26,174 | Galp Energia Sgps Sa | 432,422 | ||||||
6,832 | Imperial Oil Ltd. | 471,202 | ||||||
7,017 | OMV AG | 332,002 | ||||||
312,000 | PetroChina Co., Ltd. - H Shares | 266,679 | ||||||
26,760 | Repsol SA | 445,712 | ||||||
18,917 | Shell PLC | 631,690 | ||||||
12,265 | Suncor Energy, Inc. | 452,609 | ||||||
9,067 | Total Energies SE | 620,802 | ||||||
6,505,403 | ||||||||
Oil & Gas - Pipelines and Transportation: 4.6% | ||||||||
8,181 | Enbridge Inc. | 295,989 | ||||||
14,147 | Kinder Morgan Inc. | 259,456 | ||||||
555,445 |
GUINNESS ATKINSON GLOBAL ENERGY FUND
Schedule of Investments
at March 31, 2024 (Unaudited)
Shares | Common Stocks: 98.3% | Value | ||||||
Oil Refining & Marketing: 6.3% | ||||||||
314,000 | China Petroleum & Chemical | $ | 178,123 | |||||
3,458 | Valero Energy, Corp. | 590,246 | ||||||
768,369 | ||||||||
Total Common Stocks | 11,986,730 | |||||||
(cost $12,583,513) | ||||||||
Total Investments in Securities | 11,986,730 | |||||||
(cost $12,583,513): 98.3% | ||||||||
Other Assets less Liabilities: 1.7% | 203,278 | |||||||
Net Assets: 100.0% | $ | 12,190,008 |
* | Non-income producing security. |
PLC - Public Limited Company