Top 10 Equity Holdings as of 09-29-2017
Holding Percentage Holding Percentage
Pacific Infrastructure Ventures Inc 7.33%   Ferrexpo PLC 1.64%
Pentanova Energy Corp 2.21%   Beach Energy Ltd 1.63%
Jastrzebska Spolka Weglowa SA 2.09%   Ternium SA 1.62%
Fortescue Metals Group Ltd 2.06%   Tokyo Steel Manufacturing Co L 1.60%
Dongyue Group Ltd 1.92%   Braskem SA 1.60%
Industry Breakdown as of 09-29-2017
Sector Percentage Sector Percentage
Materials 54.12%   Energy 24.04%
Consumer Discretionary 4.09%   Industrials 3.06%
Utilities 3.00%   Information Technology 2.96%
Funds 1.12%   Consumer Staples 0.26
Other 0.26   Cash Equivalents 7.10
Regional Breakdown as of 09-29-2017
Region Percentage Region Percentage
Canada 26.97%   Australia 12.20%
United States 11.45%   Colombia 7.33%
Japan 7.02%   China 5.67%
United Kingdom 3.38%   Panama 3.00%
Poland 2.09   Netherlands 1.86
Luxembourg 1.68   Germany 1.67

Net Asset Value
as of 12/13/2017

Global Resources Fund PSPFX $5.93 0.07 Gold and Precious Metals Fund USERX $7.33 0.21 World Precious Minerals Fund UNWPX $5.64 0.13 China Region Fund USCOX $11.28 0.11 Emerging Europe Fund EUROX $7.04 0.01 All American Equity Fund GBTFX $24.61 0.05 Holmes Macro Trends Fund MEGAX $22.05 0.08 Near-Term Tax Free Fund NEARX $2.21 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change