Shares or Principal Amount
|
| Market Value†
|
COMMON STOCKS - 85.9%
|
| Automobiles & Components - 1.4%
|
29,100
| Huizhou Desay Sv Automotive Co., Ltd. Class A
| $ 568,088
|
| Banks - 6.6%
|
180,792
| Bank of Ningbo Co., Ltd. Class A
|
880,844
|
302,133
| China Merchants Bank Co., Ltd. Class A
| 1,851,960
|
|
|
| 2,732,804
|
| Capital Goods - 13.4%
|
17,000
| Contemporary Amperex Technology Co., Ltd. Class A
| 1,179,215
|
14,800
| Gongniu Group Co., Ltd. Class A
| 332,459
|
171,400
| Han's Laser Technology Industry Group Co., Ltd. Class A
| 712,424
|
196,240
| Hongfa Technology Co., Ltd. Class A
| 1,091,346
|
1,600
| Jiangsu Hengli Hydraulic Co., Ltd. Class A
| 15,533
|
39,068
| Luoyang Xinqianglian Slewing Bearing Co., Ltd. Class A
| 368,670
|
367,300
| Sany Heavy Industry Co., Ltd. Class A
| 955,512
|
67,800
| Sinoseal Holding Co., Ltd. Class A
| 418,936
|
125,100
| Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A
| 475,787
|
|
|
| 5,549,882
|
| Consumer Durables & Apparel - 3.6%
|
45,746
| Hang Zhou Great Star Industrial Co., Ltd. Class A*
| 146,666
|
143,800
| Midea Group Co., Ltd. Class A
| 1,180,108
|
9,389
| Oppein Home Group, Inc. Class A
| 175,159
|
|
|
| 1,501,933
|
| Diversified Financials - 1.4%
|
32,600
| Hithink RoyalFlush Information Network Co., Ltd. Class A
| 572,474
|
| Food, Beverage & Tobacco - 8.5%
|
107,795
| Chacha Food Co., Ltd. Class A
| 729,362
|
6,800
| Chongqing Brewery Co., Ltd. Class A
| 121,460
|
4,545
| Kweichow Moutai Co., Ltd. Class A
| 1,246,102
|
250,496
| Toly Bread Co., Ltd. Class A
| 621,463
|
25,999
| Wuliangye Yibin Co., Ltd. Class A
| 809,002
|
|
|
| 3,527,389
|
| Health Care Equipment & Services - 0.8%
|
114,400
| Edan Instruments, Inc. Class A
| 207,052
|
124,865
| Shanghai Kinetic Medical Co., Ltd. Class A
| 133,959
|
|
|
| 341,011
|
| Insurance - 5.1%
|
281,800
| Ping An Insurance Group Co. of China Ltd. Class A
| 2,136,245
|
| Materials - 22.5%
|
233,300
| China Jushi Co., Ltd. Class A
| 510,732
|
298,409
| Chongqing Zaisheng Technology Corp. Ltd. Class A
| 258,796
|
256,414
| Citic Pacific Special Steel Group Co., Ltd. Class A
| 693,808
|
229,780
| Hengli Petrochemical Co., Ltd. Class A
| 597,429
|
412,178
| Huafon Chemical Co., Ltd. Class A
| 464,581
|
249,600
| Hubei Dinglong Co., Ltd. Class A
| 847,382
|
67,400
| Jiangsu Boqian New Materials Stock Co., Ltd. Class A
| 519,118
|
120,800
| LB Group Co., Ltd. Class A
| 373,865
|
439,046
| Satellite Chemical Co., Ltd. Class A
| 1,154,079
|
180,400
| Shandong Sinocera Functional Material Co., Ltd. Class A
| 874,016
|
75,500
| Wanhua Chemical Group Co., Ltd. Class A
| 1,083,194
|
1,047
| Western Superconducting Technologies Co., Ltd. Class A
| 15,296
|
96,840
| Zhejiang Huayou Cobalt Co., Ltd. Class A
| 947,608
|
561,057
| Zijin Mining Group Co., Ltd. Class A
| 985,267
|
|
|
| 9,325,171
|
| Media & Entertainment - 4.1%
|
259,200
| Focus Media Information Technology Co., Ltd. Class A
| 267,486
|
199,100
| Mango Excellent Media Co., Ltd. Class A
| 902,214
|
244,700
| Perfect World Co., Ltd. Class A
| 510,398
|
|
|
| 1,680,098
|
| Pharmaceuticals, Biotechnology & Life Sciences - 5.3%
|
72,400
| Amoy Diagnostics Co., Ltd. Class A
| 309,085
|
31,700
| Hangzhou Tigermed Consulting Co., Ltd. Class A
| 548,001
|
25,276
| Jiangsu Hengrui Pharmaceuticals Co., Ltd. Class A
| 158,337
|