Top 10 Holdings as of 06-30-2017
Holding Percentage Holding Percentage
Sberbank of Russia PJSC 8.72%   Gubre Fabrikalari TAS 1.49%
LUKOIL PJSC 6.58%   Turkiye Garanti Bankasi AS 1.40%
Gazprom PJSC 5.76%   Akbank TAS 1.39%
Direxion Daily Russia Bull 3x 2.44%   Ford Otomotiv Sanayi AS 1.37%
Aeroflot PJSC 1.79%   Evraz PLC 1.33%
Industry Breakdown as of 06-30-2017
Sector Percentage Sector Percentage
Energy 21.36%   Financials 20.98%
Materials 14.58%   Industrials 11.68%
Consumer Discretionary 6.49%   Telecommunication Services 4.42%
Information Technology 3.52%   Funds 3.38%
Consumer Staples 3.28%   Utilities 2.98%
Regional Breakdown as of 06-30-2017
Region Percentage Region Percentage
Russian Federation 36.00%   Turkey 17.37%
Poland 11.95%   Greece 6.25%
Austria 5.28%   Hungary 3.94%
Germany 2.32%   Cyprus 1.90%
Czech Republic 1.82%   Switzerland 1.43%

Net Asset Value
as of 08/21/2017

Global Resources Fund PSPFX $5.44 -0.01 Gold and Precious Metals Fund USERX $7.42 0.03 World Precious Minerals Fund UNWPX $6.50 0.01 China Region Fund USCOX $10.22 0.10 Emerging Europe Fund EUROX $6.81 0.05 All American Equity Fund GBTFX $23.60 -0.03 Holmes Macro Trends Fund MEGAX $19.36 0.01 Near-Term Tax Free Fund NEARX $2.23 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change