Guinness Atkinson Global Innovators Fund (GINNX)
Filed: 29 Nov 24, 1:43pm
| GUINNESS ATKINSON ASIA FOCUS FUND |
| Schedule of Investments |
| at September 30, 2024 (Unaudited) |
| Shares | Common Stocks: 98.6% | Value | ||||||
| Australia: 6.1% | ||||||||
| 34,519 | Corporate Travel Management Ltd. | $ | 307,810 | |||||
| 19,149 | Sonic Healthcare Ltd. | 360,437 | ||||||
| 668,247 | ||||||||
| China: 56.6% | ||||||||
| 22,600 | Alibaba Group Holding Ltd. | 319,806 | ||||||
| 1,700 | Alibaba Group Holding Ltd. - ADR | 180,404 | ||||||
| 12,300 | Autohome Inc. - ADR | 401,226 | ||||||
| 3,400 | Baidu Inc. - ADR* | 357,986 | ||||||
| 293,000 | China Medical System Holdings Ltd. | 337,347 | ||||||
| 76,500 | China Merchants Bank Co., Ltd. - H Shares | 379,378 | ||||||
| 205,000 | Geely Automobile Holdings Ltd. | 321,209 | ||||||
| 111,000 | Haitian International Holdings Ltd. | 356,984 | ||||||
| 100,700 | Inner Mongolia Yili Industrial Group Co., Ltd. - A Shares | 417,781 | ||||||
| 380 | JD.com Inc. - CL A | 8,169 | ||||||
| 11,260 | JD.com Inc. - ADR | 450,400 | ||||||
| 800 | Meituan - Class B* | 17,701 | ||||||
| 111,909 | NARI Technology Co., Ltd. - A Shares | 441,925 | ||||||
| 5,200 | NetEase Inc. - ADR | 486,252 | ||||||
| 49,000 | Ping An Insurance Group Company of China Ltd. - H Shares | 316,121 | ||||||
| 114,600 | Sany Heavy Industry Co., Ltd. - A Shares | 308,788 | ||||||
| 44,300 | Shenzhou International | 402,056 | ||||||
| 417,000 | Sino Biopharmaceutical Ltd. | 200,093 | ||||||
| 8,000 | Tencent Holdings Ltd. | 457,557 | ||||||
| 6,161,183 | ||||||||
| Singapore: 4.4% | ||||||||
| 16,018 | DBS Group Holdings Ltd. | 474,233 | ||||||
| South Korea: 6.2% | ||||||||
| 65,683 | Hanon Systems | 211,900 | ||||||
| 10,050 | Samsung Electronics Co., Ltd. | 468,618 | ||||||
| 680,518 | ||||||||
| Taiwan: 14.0% | ||||||||
| 34,000 | Elite Material Co., Ltd. | 478,481 | ||||||
| 4,800 | Largan Precision Co., Ltd. | 383,843 | ||||||
| 2 | Shin Zu Shing Co., Ltd. | 12 | ||||||
| 22,000 | Taiwan Semiconductor Manufacturing Co., Ltd. | 662,847 | ||||||
| 1,525,183 | ||||||||
| GUINNESS ATKINSON ASIA FOCUS FUND |
| Schedule of Investments |
| at September 30, 2024 (Unaudited) |
| Shares | Common Stocks: 98.6% | Value | ||||||
| United States: 11.3% | ||||||||
| 2,936 | Applied Materials Inc. | $ | 593,219 | |||||
| 3,702 | Broadcom Inc. | 638,595 | ||||||
| 1,231,814 | ||||||||
| Total Common Stocks | 10,741,178 | |||||||
| (cost $7,819,683) | ||||||||
| Total Investments in Securities | 10,741,178 | |||||||
| (cost $7,819,683): 98.61% | ||||||||
| Other Assets less Liabilities: 1.39% | 151,598 | |||||||
| Net Assets: 100.0% | $ | 10,892,776 | ||||||
| * | Non-income producing security. |
ADR - American Depository Receipt