Top 10 Equity and Debt Holdings as of 03-31-2019
Holding Percentage Holding Percentage
Pacific Infrastructure, Inc. 5.30%   Severstal PJSC 2.15%
Interamerican Energy Corp. 4.22%   AGL Energy, Ltd. 1.76%
Gran Colombia Gold Corp. 2.63%   Anglo American PLC 1.74%
LUKOIL PJSC 2.35%   Dongyue Group, Ltd. 1.70%
Evraz PLC 2.24%   Lundin Gold, Inc. 1.41%
Industry Breakdown as of 03-31-2019
Sector Percentage Sector Percentage
Basic Materials 55.06%   Energy 20.06%
Industrials 8.82%   Financials 6.73%
Funds 3.31%   Utilities 1.92%
Information Technology 0.66%   Consumer Staples 0.16
Consumer Discretionary 0.09   Cash Equivalents 3.19
Regional Breakdown as of 03-31-2019
Region Percentage Region Percentage
Canada 34.88%   United States 18.45%
China 11.43%   Australia 6.19%
Panama 4.74%   Japan 2.69%
United Kingdom 2.43%   Jersey 1.18%
Norway 1.00   Poland 0.99
Germany 0.53   Brazil 0.42

Net Asset Value
as of 06/14/2019

Global Resources Fund PSPFX $4.43 No Change Gold and Precious Metals Fund USERX $7.21 -0.01 World Precious Minerals Fund UNWPX $2.66 0.02 China Region Fund USCOX $8.38 -0.06 Emerging Europe Fund EUROX $6.90 -0.02 All American Equity Fund GBTFX $24.23 -0.09 Holmes Macro Trends Fund MEGAX $16.59 -0.09 Near-Term Tax Free Fund NEARX $2.21 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change