Developing World Fund (UCITS) - Portfolio

Sector Allocation as of

Financials
24.5%
Information Technology
21.7%
Consumer Discretionary
17.9%
Consumer Staples
10.3%
Communication Services
9.6%
Industrials
5.6%
Utilities
3.8%
Energy
3.0%
Materials
2.7%
Health Care
1.0%

TEN LARGEST HOLDINGS as of

% OF PORTFOLIO
Alibaba Group Holding Ltd. 7.8%
Taiwan Semiconductor Manufacturing Co. Ltd. 6.5%
Tencent Holdings Ltd. 6.5%
Samsung Electronics Co. Ltd. 4.7%
AIA Group Ltd. 3.8%
HDFC Bank Ltd. 3.3%
Prosus N.V. 2.9%
Adani Ports & Special Economic Zone Ltd. 2.8%
Ping An Insurance Group Co. of China Ltd. 2.8%
China Gas Holdings Ltd. 2.6%
Portfolio holdings are subject to change.

Key Portfolio Attributes as of

Fund Assets $14.6 M
Dividend Yield 1.7%
Portfolio P/E Forward 12 Months 24.3x
Portfolio Price to Cash Flow* 13.8x
Portfolio Price to Book* 3.3x
Median Market Capitalization* $21.3 B
Number of Holdings 54
5-Year Beta† (I Shares vs. MSCI Emerging Markets NTR) 0.97
* Source: FactSet
† Source: Morningstar

Regional Diversification as of

Asia Pacific ex-Japan
70.1%
Latin America
19.2%
Europe ex-UK
6.4%
North America
4.3%
Holdings are classified by country of risk as determined by MSCI and Bloomberg. The percentages may not add up to 100 due to rounding.

Capitalization Exposure as of

Large Cap (> $12 B)
78.4%
Mid Cap ($2.5 to $12 B)
18.5%
Small Cap (< $2.5 B)
3.2%
The percentages may not add up to 100 due to rounding.
Important Information