Top 10 Equity and Debt Holdings as of 12-31-2020
Holding Percentage Holding Percentage
Tencent Holdings, Ltd. 5.84%   China Feihe, Ltd. 4.24%
Nongfu Spring Co., Ltd. 5.50%   BYD Electronic International Co., Ltd. 4.06%
Sunny Optical Technology Group Co., Ltd. 5.24%   Taiwan Semiconductor Manufacturing Co., Ltd. 4.03%
Yihai International Holding, Ltd. 5.21%   JD.com, Inc. 3.37%
Hong Kong Exchanges & Clearing, Ltd. 4.98%   Quanta Computer, Inc. 3.26%
Industry Breakdown as of 12-31-2020
Sector Percentage Sector Percentage
Consumper Staples 22.75%   Financials 21.85%
Industrials 18.89%   Communications 16.14%
Technology 11.18%   Consumer Discretionary 4.16%
Basic Materials 2.83%   Energy 0.83%
Utilities 0.80%   Funds 0.57%
Regional Breakdown as of 12-31-2020
Region Percentage Region Percentage
China 68.90%   Taiwan, Province of China 12.86%
Hong Kong 11.10%   Malaysia 2.64%
Others 4.50%   %
%   %
%   %

Net Asset Value
as of 01/19/2021

Global Resources Fund PSPFX $6.45 0.19 Gold and Precious Metals Fund USERX $12.97 0.08 World Precious Minerals Fund UNWPX $5.07 0.06 China Region Fund USCOX $11.06 0.57 Emerging Europe Fund EUROX $6.39 0.03 All American Equity Fund GBTFX $24.65 No Change Global Luxury Goods Fund USLUX $20.28 0.04 Near-Term Tax Free Fund NEARX $2.25 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change