Holdings of the Fund as of 11/26/2025
Total Number of Holdings (excluding cash): 40
| Shopify Inc. (Class A) |
SHOP.CT |
82509L107 |
Information Technology |
65,887 |
$10,505,037.40 |
11.79% |
| Alibaba Group Holding Limited |
9988.HK |
G01719114 |
Consumer Discretionary |
512,089 |
$10,192,317.33 |
11.44% |
| Tencent Holdings Limited |
700.HK |
G87572163 |
Communication Services |
115,418 |
$9,193,299.07 |
10.32% |
| Spotify Technology S.A. |
SPOT |
L8681T102 |
Communication Services |
10,619 |
$6,293,775.11 |
7.06% |
| PDD Holdings Inc. (ADR) |
PDD |
722304102 |
Consumer Discretionary |
52,897 |
$6,125,472.60 |
6.87% |
| Prosus N.V. |
PRX.NA |
N7163R103 |
Consumer Discretionary |
67,374 |
$4,327,658.65 |
4.86% |
| Meituan (Class B) |
3690.HK |
G59669104 |
Consumer Discretionary |
323,605 |
$4,318,859.85 |
4.85% |
| Naspers Limited (Class N) |
NPN.SJ |
S53435129 |
Consumer Discretionary |
63,637 |
$4,215,739.40 |
4.73% |
| Adyen NV |
ADYEN.NA |
N3501V104 |
Financials |
2,637 |
$4,097,610.24 |
4.60% |
| NetEase, Inc. |
9999.HK |
G6427A102 |
Communication Services |
128,972 |
$3,568,570.11 |
4.00% |
| JD.com, Inc. (Class A) |
9618.HK |
G8208B101 |
Consumer Discretionary |
216,089 |
$3,189,562.26 |
3.58% |
| Sea Limited (ADR) |
SE |
81141R100 |
Consumer Discretionary |
21,881 |
$2,937,743.06 |
3.30% |
| Baidu, Inc. (Class A) |
9888.HK |
G07034104 |
Communication Services |
165,637 |
$2,438,481.01 |
2.74% |
| NAVER Corporation |
035420.KS |
Y62579100 |
Communication Services |
10,669 |
$1,917,293.98 |
2.15% |
| Kuaishou Technology |
1024.HK |
G53263102 |
Communication Services |
208,902 |
$1,843,909.81 |
2.07% |
| Xero Limited |
XRO.AU |
Q98665104 |
Information Technology |
12,386 |
$972,003.49 |
1.09% |
| Kakao Corp. |
035720.KS |
Y4519H119 |
Communication Services |
22,085 |
$918,780.17 |
1.03% |
| Futu Holdings Limited (ADR) |
FUTU |
36118L106 |
Financials |
4,443 |
$753,532.80 |
0.85% |
| Nexon Co., Ltd. |
3659.JP |
J4914X104 |
Communication Services |
29,982 |
$707,169.86 |
0.79% |
| Rakuten Group, Inc. |
4755.JP |
J64264104 |
Consumer Discretionary |
112,673 |
$685,419.91 |
0.77% |
| Tencent Music Entertainment Group (Class A) (ADR) |
TME |
88034P109 |
Communication Services |
36,936 |
$664,478.64 |
0.75% |
| Wisetech Global Limited |
WTC.AU |
Q98056106 |
Information Technology |
15,770 |
$670,746.70 |
0.75% |
| CAR Group Limited |
CAR.AU |
Q21411121 |
Communication Services |
28,095 |
$626,693.77 |
0.70% |
| JD Health International Inc. |
6618.HK |
G5074A100 |
Consumer Staples |
76,602 |
$608,674.51 |
0.68% |
| Wise Plc (Class A) |
WISE.LN |
G97229101 |
Financials |
52,081 |
$597,681.22 |
0.67% |
| Scout24 SE |
G24.GY |
D345XT105 |
Communication Services |
5,563 |
$563,085.33 |
0.63% |
| Auto Trader Group Plc |
AUTO.LN |
G06708104 |
Communication Services |
64,311 |
$546,842.15 |
0.61% |
| The Descartes Systems Group Inc. |
DSG.CN |
249906108 |
Information Technology |
6,269 |
$515,950.19 |
0.58% |
| Entain Plc |
ENT.LN |
G3167C109 |
Consumer Discretionary |
47,881 |
$489,527.04 |
0.55% |
| LY Corp. |
4689.JP |
J9894K105 |
Communication Services |
178,476 |
$485,988.70 |
0.55% |
| REA Group Limited |
REA.AU |
Q8051B108 |
Communication Services |
3,771 |
$488,403.62 |
0.55% |
| Allegro.eu SA |
ALE.PW |
L0R67D109 |
Consumer Discretionary |
53,476 |
$469,139.41 |
0.53% |
| Swissquote Group Holding SA (Registered) |
SQN.SE |
H8403Y103 |
Financials |
777 |
$471,347.99 |
0.53% |
| International Games System Co., Ltd. |
3293.TT |
Y41065114 |
Communication Services |
18,717 |
$448,028.84 |
0.50% |
| Zalando SE |
ZAL.GY |
D98423102 |
Consumer Discretionary |
15,596 |
$415,179.59 |
0.47% |
| Wix.com Ltd. |
WIX |
M98068105 |
Information Technology |
4,161 |
$398,498.97 |
0.45% |
| Krafton, Inc. |
259960.KS |
Y0929C104 |
Communication Services |
2,194 |
$389,040.08 |
0.44% |
| Rightmove Plc |
RMV.LN |
G7565D106 |
Communication Services |
52,268 |
$372,902.97 |
0.42% |
| Delivery Hero SE |
DHER.GY |
D1T0KZ103 |
Consumer Discretionary |
15,993 |
$319,125.61 |
0.36% |
| Vipshop Holdings Limited (ADR) |
VIPS |
92763W103 |
Consumer Discretionary |
16,210 |
$320,309.60 |
0.36% |
| US Dollar |
$USD |
|
Other |
45,281 |
$45,281.29 |
0.05% |
| Japanese Yen |
$JPY |
|
Other |
2 |
$0.01 |
0.00% |
| New Taiwan Dollar |
$TWD |
|
Other |
0 |
($0.01) |
0.00% |
Holdings are subject to change.
The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.
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