Holdings of the Fund as of 12/26/2025
Total Number of Holdings (excluding cash): 40
| Shopify Inc. (Class A) |
SHOP.CT |
82509L107 |
Information Technology |
30,677 |
$5,205,332.42 |
10.11% |
| Tencent Holdings Limited |
700.HK |
G87572163 |
Communication Services |
66,455 |
$5,156,592.06 |
10.02% |
| Alibaba Group Holding Limited |
9988.HK |
G01719114 |
Consumer Discretionary |
261,568 |
$4,914,227.63 |
9.54% |
| PDD Holdings Inc. (ADR) |
PDD |
722304102 |
Consumer Discretionary |
22,822 |
$2,624,758.22 |
5.10% |
| Spotify Technology S.A. |
SPOT |
L8681T102 |
Communication Services |
4,370 |
$2,553,609.50 |
4.96% |
| Naspers Limited (Class N) |
NPN.SJ |
S53435129 |
Consumer Discretionary |
37,182 |
$2,498,179.61 |
4.85% |
| Prosus N.V. |
PRX.NA |
N7163R103 |
Consumer Discretionary |
40,123 |
$2,475,199.23 |
4.81% |
| Adyen NV |
ADYEN.NA |
N3501V104 |
Financials |
1,487 |
$2,395,787.73 |
4.65% |
| Meituan (Class B) |
3690.HK |
G59669104 |
Consumer Discretionary |
180,340 |
$2,394,912.03 |
4.65% |
| Sea Limited (ADR) |
SE |
81141R100 |
Consumer Discretionary |
18,651 |
$2,384,530.35 |
4.63% |
| NetEase, Inc. |
9999.HK |
G6427A102 |
Communication Services |
85,523 |
$2,346,323.70 |
4.56% |
| JD.com, Inc. (Class A) |
9618.HK |
G8208B101 |
Consumer Discretionary |
157,082 |
$2,280,097.00 |
4.43% |
| Baidu, Inc. (Class A) |
9888.HK |
G07034104 |
Communication Services |
112,369 |
$1,727,954.20 |
3.36% |
| Kuaishou Technology |
1024.HK |
G53263102 |
Communication Services |
144,666 |
$1,202,587.80 |
2.34% |
| NAVER Corporation |
035420.KS |
Y62579100 |
Communication Services |
7,274 |
$1,168,648.10 |
2.27% |
| Xero Limited |
XRO.AU |
Q98665104 |
Information Technology |
8,541 |
$646,874.16 |
1.26% |
| Kakao Corp. |
035720.KS |
Y4519H119 |
Communication Services |
15,519 |
$625,747.78 |
1.22% |
| IREN Ltd. |
IREN |
Q4982L109 |
Information Technology |
13,975 |
$563,192.50 |
1.09% |
| Futu Holdings Limited (ADR) |
FUTU |
36118L106 |
Financials |
3,116 |
$514,732.04 |
1.00% |
| Rakuten Group, Inc. |
4755.JP |
J64264104 |
Consumer Discretionary |
77,673 |
$506,991.34 |
0.98% |
| Nexon Co., Ltd. |
3659.JP |
J4914X104 |
Communication Services |
20,382 |
$500,751.07 |
0.97% |
| Wisetech Global Limited |
WTC.AU |
Q98056106 |
Information Technology |
10,764 |
$497,109.10 |
0.97% |
| Tencent Music Entertainment Group (Class A) (ADR) |
TME |
88034P109 |
Communication Services |
25,540 |
$450,014.80 |
0.87% |
| Wise Plc (Class A) |
WISE.LN |
G97229101 |
Financials |
35,689 |
$430,728.51 |
0.84% |
| Swissquote Group Holding SA (Registered) |
SQN.SE |
H8403Y103 |
Financials |
675 |
$419,623.46 |
0.82% |
| JD Health International Inc. |
6618.HK |
G5074A100 |
Consumer Staples |
53,790 |
$404,925.57 |
0.79% |
| CAR Group Limited |
CAR.AU |
Q21411121 |
Communication Services |
19,635 |
$401,774.49 |
0.78% |
| The Descartes Systems Group Inc. |
DSG.CN |
249906108 |
Information Technology |
4,360 |
$389,314.88 |
0.76% |
| Scout24 SE |
G24.GY |
D345XT105 |
Communication Services |
3,731 |
$377,458.92 |
0.73% |
| Auto Trader Group Plc |
AUTO.LN |
G06708104 |
Communication Services |
44,583 |
$353,253.11 |
0.69% |
| Allegro.eu SA |
ALE.PW |
L0R67D109 |
Consumer Discretionary |
40,106 |
$342,846.51 |
0.67% |
| LY Corp. |
4689.JP |
J9894K105 |
Communication Services |
127,576 |
$337,084.75 |
0.65% |
| Zalando SE |
ZAL.GY |
D98423102 |
Consumer Discretionary |
11,221 |
$329,329.70 |
0.64% |
| Entain Plc |
ENT.LN |
G3167C109 |
Consumer Discretionary |
31,408 |
$318,436.96 |
0.62% |
| REA Group Limited |
REA.AU |
Q8051B108 |
Communication Services |
2,561 |
$317,052.88 |
0.62% |
| M3, Inc. |
2413.JP |
J4697J108 |
Health Care |
23,000 |
$307,311.51 |
0.60% |
| International Games System Co., Ltd. |
3293.TT |
Y41065114 |
Communication Services |
13,462 |
$303,660.11 |
0.59% |
| Delivery Hero SE |
DHER.GY |
D1T0KZ103 |
Consumer Discretionary |
11,140 |
$288,248.13 |
0.56% |
| Krafton, Inc. |
259960.KS |
Y0929C104 |
Communication Services |
1,482 |
$249,413.19 |
0.48% |
| Vipshop Holdings Limited (ADR) |
VIPS |
92763W103 |
Consumer Discretionary |
11,772 |
$229,083.12 |
0.44% |
| US Dollar |
$USD |
|
Other |
53,234 |
$53,233.86 |
0.10% |
| 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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