NPORT-EX 2 NPORT_LCYK_3432813031.htm BlackRock GA Disciplined Volatility Equity Fund

Schedule of Investments  (unaudited)

July 31, 2021

   

BlackRock GA Disciplined Volatility Equity Fund

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Belgium — 0.2%  

Etablissements Franz Colruyt NV.

     227     $      12,907  

Proximus SADP

     103       2,116  
   

 

 

  
      15,023  
Canada — 2.2%            

Agnico Eagle Mines Ltd.

     10       647  

CGI, Inc.(a)

     274       24,925  

Empire Co. Ltd., Class A

     282       9,260  

Franco-Nevada Corp.

     287       45,905  

Loblaw Cos. Ltd.

     395       26,722  

Shopify, Inc., Class A(a)

     3       4,500  

TELUS Corp.

     92       2,043  

Thomson Reuters Corp.

     457       48,425  
   

 

 

  
         162,427  
China — 2.5%            

Agricultural Bank of China Ltd., Class H

     76,000       25,344  

Alibaba Group Holding Ltd.(a)

     100       2,442  

Alibaba Group Holding Ltd., ADR(a)

     11       2,147  

Bank of Communications Co. Ltd., Class H

     31,000       17,932  

China Construction Bank Corp., Class H

     44,000       30,648  

China Feihe Ltd.(b)

     5,000       9,612  

China Tower Corp. Ltd., Class H(b)

     102,000       13,531  

Chow Tai Fook Jewellery Group Ltd.

     800       1,677  

Hansoh Pharmaceutical Group Co. Ltd.(b)

     4,000       14,335  

Industrial & Commercial Bank of China Ltd., Class H

     40,000       22,212  

Lenovo Group Ltd.

     14,000       13,055  

NetEase, Inc., ADR

     94       9,608  

Postal Savings Bank of China Co. Ltd., Class H(b)

     3,000       1,938  

Tencent Holdings Ltd.

     200       12,061  

Yadea Group Holdings Ltd.(b)

     4,000       6,884  
   

 

 

  
      183,426  
Denmark — 2.2%            

Coloplast A/S, Class B

     110       20,115  

DSV Panalpina A/S

     183       44,609  

Genmab A/S(a)

     59       26,667  

Novo Nordisk A/S, Class B

     300       27,771  

Pandora A/S

     329       42,559  
   

 

 

  
      161,721  
Finland — 0.1%            

Elisa OYJ

     91       5,849  
   

 

 

  
France — 2.5%            

BNP Paribas SA

     561       34,209  

EssilorLuxottica SA

     123       23,220  

Hermes International

     11       16,817  

Kering SA

     35       31,400  

LVMH Moet Hennessy Louis Vuitton SE

     2       1,601  

Orange SA

     2,064       22,970  

Safran SA

     65       8,507  

Sanofi

     255       26,284  

Societe Generale SA

     396       11,597  

Worldline SA(a)(b)

     83       7,769  
   

 

 

  
      184,374  
Germany — 0.2%            

CTS Eventim AG & Co. KGaA(a)

     108       7,338  

Deutsche Telekom AG, Registered Shares

     58       1,204  
Security   Shares     Value  
Germany (continued)            

Rational AG

     4     $        4,356  

Telefonica Deutschland Holding AG

     1,030       2,776  
   

 

 

  
      15,674  
Hong Kong — 1.5%            

CLP Holdings Ltd.

     3,500       36,090  

Guangdong Investment Ltd.

     2,000       2,799  

Hang Seng Bank Ltd.

     500       9,576  

HKT Trust & HKT Ltd., Class SS

     10,000       13,593  

Hong Kong & China Gas Co. Ltd.

     9,350       15,206  

Jardine Matheson Holdings Ltd.

     100       5,949  

Power Assets Holdings Ltd.

     3,500       22,628  
   

 

 

  
         105,841  
Ireland — 1.0%            

Accenture PLC, Class A

     106       33,674  

Medtronic PLC

     295       38,737  
   

 

 

  
      72,411  
Italy — 1.0%            

DiaSorin SpA

     118       23,949  

Ferrari NV

     187       40,754  

Infrastrutture Wireless Italiane SpA(b)

     573       6,473  
   

 

 

  
      71,176  
Japan — 6.8%            

Ajinomoto Co., Inc.

     100       2,548  

Canon, Inc.

     600       13,817  

Chugai Pharmaceutical Co. Ltd.

     400       14,740  

GMO Payment Gateway, Inc.

     200       25,709  

KDDI Corp.

     100       3,058  

Kirin Holdings Co. Ltd.

     1,900       34,752  

Kose Corp.

     100       15,801  

Lawson, Inc.

     600       30,156  

Mitsubishi Estate Co. Ltd.

     1,100       17,256  

Mizuho Financial Group, Inc.

     2,110       30,151  

NEC Corp.

     900       45,645  

Nippon Telegraph & Telephone Corp.

     2,200       56,338  

Ono Pharmaceutical Co. Ltd.

     700       15,980  

Oracle Corp. Japan

     400       29,880  

Pan Pacific International Holdings Corp.

     200       4,175  

Recruit Holdings Co. Ltd.

     500       25,915  

SG Holdings Co. Ltd.

     100       2,689  

Softbank Corp.

     1,600       20,898  

Sony Group Corp.

     100       10,447  

Suntory Beverage & Food Ltd.

     800       28,050  

Takeda Pharmaceutical Co. Ltd.

     400       13,315  

Toho Gas Co. Ltd.

     100       4,861  

Toyo Suisan Kaisha Ltd.

     600       22,906  

Yamada Holdings Co. Ltd.

     5,100       24,095  
   

 

 

  
      493,182  
Luxembourg — 0.5%            

ArcelorMittal SA

     1,012       35,344  

Eurofins Scientific SE

     11       1,316  
   

 

 

  
      36,660  
Netherlands — 1.4%            

Koninklijke Ahold Delhaize NV

     1,682       52,285  

QIAGEN NV(a)

     899       48,120  
   

 

 

  
      100,405  
Norway — 0.3%            

Telenor ASA

     1,255       21,789  
   

 

 

  
 

 

 

S C H E D U L E  O F  I N V E S T M E N  T S

   1

Schedule of Investments  (unaudited) (continued)

July 31, 2021

   

BlackRock GA Disciplined Volatility Equity Fund

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Singapore — 0.3%  

Singapore Telecommunications Ltd.

     13,700     $      22,962  
   

 

 

  
South Korea — 1.1%            

Kakao Corp.

     451       57,735  

LG Chem Ltd.

     9       6,611  

SK Telecom Co. Ltd.

     68       17,811  
   

 

 

  
      82,157  
Sweden — 1.8%            

Epiroc AB, Class A

     1,173       27,325  

Hexagon AB, B Shares

     2,800       46,350  

Swedbank AB, A Shares

     1,164       22,667  

Telia Co. AB

     2,769       12,146  

Volvo AB, B Shares

     1,004       23,676  
   

 

 

  
      132,164  
Switzerland — 6.2%            

EMS-Chemie Holding AG, Registered Shares

     22       24,388  

Givaudan SA, Registered Shares

     1       4,991  

Kuehne + Nagel International AG, Registered Shares

     166       55,997  

Logitech International SA, Registered Shares

     213       23,402  

Lonza Group AG, Registered Shares

     49       38,153  

Nestle SA, Registered Shares

     514       65,088  

Novartis AG, Registered Shares

     262       24,229  

Partners Group Holding AG

     23       39,292  

Roche Holding AG

     92       35,627  

Sika AG, Registered Shares

     123       43,329  

Sonova Holding AG, Registered Shares

     82       32,196  

STMicroelectronics NV

     210       8,636  

Straumann Holding AG, Registered Shares

     27       50,059  

Swisscom AG, Registered Shares

     7       4,207  
   

 

 

  
      449,594  
Taiwan — 3.2%            

Acer, Inc.

     22,000       21,477  

Asustek Computer, Inc.

     2,000       25,145  

AU Optronics Corp.

     23,000       17,049  

Chang Hwa Commercial Bank Ltd.

     4,449       2,637  

China Development Financial Holding Corp.

     42,000       21,230  

China Steel Corp.

     14,000       18,258  

Chunghwa Telecom Co. Ltd.

     4,000       16,506  

CTBC Financial Holding Co. Ltd.

     3,000       2,457  

Lite-On Technology Corp.

     19,000       43,670  

Mega Financial Holding Co. Ltd.

     5,000       5,922  

Novatek Microelectronics Corp.

     1,000       18,395  

Quanta Computer, Inc.

     1,000       2,770  

Synnex Technology International Corp.

     1,000       1,899  

Taiwan Cooperative Financial Holding Co. Ltd.

     49,481       38,681  
   

 

 

  
      236,096  
United Kingdom — 1.9%            

AstraZeneca PLC

     181       20,799  

Auto Trader Group PLC(a)(b)

     2,607       23,620  

Berkeley Group Holdings PLC

     513       34,539  

Ferguson PLC

     243       34,066  

Spirax-Sarco Engineering PLC

     136       28,335  
   

 

 

  
      141,359  
United States — 57.0%            

Abbott Laboratories

     403       48,755  

Activision Blizzard, Inc.

     189       15,804  

Adaptive Biotechnologies Corp.(a)

     385       14,114  

Adobe, Inc.(a)

     17       10,568  

Air Products & Chemicals, Inc.

     90       26,193  

Alnylam Pharmaceuticals, Inc.(a)

     28       5,010  
Security   Shares     Value  
United States (continued)            

Alphabet, Inc., Class C(a)

     40     $    108,177  

Altair Engineering, Inc., Class A(a)

     685       47,786  

Amazon.com, Inc.(a)

     14       46,586  

American Electric Power Co., Inc.

     14       1,234  

American Tower Corp.

     190       53,732  

American Water Works Co., Inc.

     180       30,620  

Amgen, Inc.

     198       47,825  

Anthem, Inc.

     20       7,680  

Aon PLC, Class A

     82       21,322  

Applied Materials, Inc.

     450       62,969  

AT&T, Inc.

     377       10,575  

Automatic Data Processing, Inc.

     15       3,144  

AutoZone, Inc.(a)

     25       40,589  

Ball Corp.

     17       1,375  

Bath & Body Works, Inc.

     62       4,964  

Baxter International, Inc.

     784       60,642  

Berkshire Hathaway, Inc., Class B(a)

     194       53,988  

BigCommerce Holdings, Inc., Series-1(a)

     157       10,167  

Bio-Rad Laboratories, Inc., Class A(a)

     13       9,614  

Booz Allen Hamilton Holding Corp.

     334       28,661  

Boston Scientific Corp.(a)

     174       7,934  

C.H. Robinson Worldwide, Inc.

     347       30,942  

Cadence Design Systems, Inc.(a)

     171       25,248  

CareDx, Inc.(a)

     71       5,967  

Castle Biosciences, Inc.(a)

     38       2,654  

Cboe Global Markets, Inc.

     200       23,694  

Charter Communications, Inc., Class A(a)

     78       58,036  

Cigna Corp.

     35       8,032  

Cisco Systems, Inc.

     518       28,682  

Citrix Systems, Inc.

     281       28,311  

Clorox Co.

     108       19,536  

CME Group, Inc.

     193       40,941  

Cognizant Technology Solutions Corp., Class A

     268       19,706  

Colgate-Palmolive Co.

     179       14,231  

Comcast Corp., Class A

     114       6,707  

Consolidated Edison, Inc.

     364       26,852  

Costco Wholesale Corp.

     92       39,534  

Coupa Software, Inc.(a)

     15       3,255  

Crowdstrike Holdings, Inc., Class A(a)

     234       59,345  

Crown Castle International Corp.

     264       50,976  

Danaher Corp.

     32       9,520  

DocuSign, Inc.(a)

     74       22,055  

Dollar General Corp.

     45       10,469  

Dominion Energy, Inc.

     183       13,701  

Domino’s Pizza, Inc.

     27       14,188  

Duke Energy Corp.

     25       2,628  

Duke Realty Corp.

     128       6,513  

Dynatrace, Inc.(a)

     458       29,252  

Edwards Lifesciences Corp.(a)

     57       6,399  

Electronic Arts, Inc.

     347       49,954  

Eli Lilly & Co.

     89       21,672  

Expedia Group, Inc.(a)

     145       23,326  

Expeditors International of Washington, Inc.

     72       9,234  

Extra Space Storage, Inc.

     102       17,762  

F5 Networks, Inc.(a)

     18       3,717  

Facebook, Inc., Class A(a)

     24       8,551  

Fair Isaac Corp.(a)

     21       11,002  

Fiserv, Inc.(a)

     63       7,252  

Fortune Brands Home & Security, Inc.

     258       25,147  

Genuine Parts Co.

     310       39,345  

Gilead Sciences, Inc.

     495       33,804  

Global Payments, Inc.

     313       60,537  
 

 

 

2  

Schedule of Investments  (unaudited) (continued)

July 31, 2021

   

BlackRock GA Disciplined Volatility Equity Fund

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
United States (continued)            

Hilton Worldwide Holdings, Inc.(a)

     243     $      31,942  

Home Depot, Inc.

     89       29,209  

Hormel Foods Corp.

     297       13,775  

Humana, Inc.

     63       26,829  

IAA, Inc.(a)

     26       1,573  

Intel Corp.

     1,001       53,774  

Intuit, Inc.

     38       20,139  

Jack Henry & Associates, Inc.

     50       8,705  

Johnson & Johnson

     217       37,367  

JPMorgan Chase & Co.

     41       6,223  

Kellogg Co.

     109       6,906  

Keysight Technologies, Inc.(a)

     144       23,695  

Kimberly-Clark Corp.

     50       6,786  

Kroger Co.

     1,499       61,009  

Lam Research Corp.

     7       4,462  

Las Vegas Sands Corp.(a)

     381       16,135  

Lowe’s Cos., Inc.

     289       55,687  

MarketAxess Holdings, Inc.

     17       8,078  

Marsh & McLennan Cos., Inc.

     339       49,908  

Masco Corp.

     567       33,856  

Masimo Corp.(a)

     115       31,325  

Mastercard, Inc., Class A

     185       71,399  

McCormick & Co., Inc.

     245       20,622  

McDonald’s Corp.

     111       26,941  

Merck & Co., Inc.

     422       32,439  

Micron Technology, Inc.(a)

     535       41,505  

Microsoft Corp.

     434       123,651  

Motorola Solutions, Inc.

     88       19,705  

Netflix, Inc.(a)

     85       43,993  

New Relic, Inc.(a)

     504       34,816  

Newmont Corp.

     511       32,101  

NextEra Energy, Inc.

     644       50,168  

NIKE, Inc., Class B

     182       30,487  

Old Dominion Freight Line, Inc.

     126       33,913  

Oracle Corp.

     47       4,096  

O’Reilly Automotive, Inc.(a)

     42       25,361  

PayPal Holdings, Inc.(a)

     57       15,705  

PepsiCo, Inc.

     702       110,179  

Pfizer, Inc.

     399       17,081  

Pool Corp.

     29       13,857  

Procter & Gamble Co.

     5       711  

Public Storage

     65       20,311  

Qualcomm, Inc.

     334       50,033  

Regeneron Pharmaceuticals, Inc.(a)

     70       40,223  

Republic Services, Inc.

     245       28,998  

RH(a)

     3       1,992  

S&P Global, Inc.

     17       7,288  

salesforce.com, Inc.(a)

     290       70,160  

Southern Co.

     438       27,975  

Square, Inc., Class A(a)

     80       19,781  

Stryker Corp.

     87       23,572  

Take-Two Interactive Software, Inc.(a)

     8       1,387  
Security   Shares     Value  
United States (continued)            

Target Corp.

     139     $      36,286  

Thermo Fisher Scientific, Inc.

     45       24,300  

TJX Cos., Inc.

     331       22,776  

TransDigm Group, Inc.(a)

     122       78,213  

Twilio, Inc., Class A(a)

     10       3,736  

Tyler Technologies, Inc.(a)

     20       9,853  

U.S. Bancorp

     504       27,992  

UnitedHealth Group, Inc.

     228       93,986  

Veracyte, Inc.(a)

     116       5,169  

VeriSign, Inc.(a)

     227       49,116  

Verisk Analytics, Inc.

     185       35,139  

Verizon Communications, Inc.

     1,374       76,642  

Vertex Pharmaceuticals, Inc.(a)

     132       26,609  

Viatris, Inc.

     19       267  

Visa, Inc., Class A

     46       11,334  

Walmart, Inc.

     216       30,791  

Walt Disney Co.(a)

     473       83,258  

Waste Connections, Inc.

     111       14,063  

Waste Management, Inc.

     235       34,841  

WEC Energy Group, Inc.

     298       28,054  

West Pharmaceutical Services, Inc.

     21       8,646  

Western Union Co.

     1,071       24,858  

Weyerhaeuser Co.

     702       23,678  

Workday, Inc., Class A(a)

     180       42,192  

Xcel Energy, Inc.

     60       4,095  

Xilinx, Inc.

     274       41,056  

Zentalis Pharmaceuticals, Inc.(a)

     204       10,855  

Zoetis, Inc.

     103       20,878  

Zoom Video Communications, Inc., Class A(a)

     63       23,820  
   

 

 

  
      4,159,041  
   

 

 

  

Total Long-Term Investments — 93.9%
(Cost: $5,570,146)

 

     6,853,331  
   

 

 

  

Short-Term Securities

 

Money Market Funds — 6.9%  
BlackRock Liquidity Funds, T-Fund, Institutional
    Class , 0.01%(c)(d)		   502,519     502,519  
   

 

 

  

Total Short-Term Securities — 6.9%
(Cost: $502,519)

 

     502,519  
   

 

 

  

Total Investments — 100.8%
(Cost: $6,072,665)

 

     7,355,850  

Liabilities in Excess of Other Assets — (0.8)%

       (60,161 ) 
   

 

 

  

Net Assets — 100.0%

 

   $  7,295,689  
   

 

 

  

 

(a)

Non-income producing security.

(b)

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(c)

Affiliate of the Fund.

(d)

Annualized 7-day yield as of period end.

 

 

 

S C H E D U L E  O F  I N V E S T M E N  T S

   3

Schedule of Investments  (unaudited) (continued)

July 31, 2021

   

BlackRock GA Disciplined Volatility Equity Fund

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 31, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer    Value at
04/30/21		      Purchases
at Cost		      Proceeds
from Sales		      Net
Realized
Gain (Loss)		      Change in
Unrealized
Appreciation
(Depreciation)		      Value at
07/31/21		      Shares
Held at
07/31/21		      Income      Capital Gain
Distributions
from
Underlying
Funds		  

BlackRock Liquidity Funds, T-Fund, Institutional Class

    $ 208,274      $ 294,245 (a)     $ —      $ —      $ —      $ 502,519        502,519      $ 5      $ —  

iShares Gold Trust(b)

      8,661        —        (9,225 )       1,519        (955 )       —        —        —        —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  
            $ 1,519      $ (955 )     $ 502,519         $ 5      $ —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  

 

  (a)

Represents net amount purchased (sold).

 
  (b)

As of period end, the entity is no longer held.

 

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

 

Description    Number of
Contracts		        Expiration
Date		        Notional
Amount (000)		        Value/
Unrealized
Appreciation
(Depreciation)		  
Long Contracts                                  

SGX Nifty 50 Index

      7          08/26/21        $ 221        $ (209 ) 
                 

 

 

  

Forward Foreign Currency Exchange Contracts

 

Currency Purchased    Currency Sold      Counterparty      Settlement Date                        Unrealized
Appreciation
(Depreciation)		  

CHF

      109,000           USD       121,935        Morgan Stanley & Co. International PLC        09/10/21         $ (1,490 ) 

JPY

          22,450,000           USD       204,926        Morgan Stanley & Co. International PLC        09/10/21           (227 ) 

INR

      7,812,000           USD       106,062        BNP Paribas S.A.        09/17/21           (1,554 ) 
                      

 

 

  
                       $ (3,271 ) 
                      

 

 

  

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

  •  

Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access;

 

  •  

Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and

 

  •  

Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments

 

 

4  

Schedule of Investments  (unaudited) (continued)

July 31, 2021

   

BlackRock GA Disciplined Volatility Equity Fund

 

Fair Value Hierarchy as of Period End (continued)

is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

 

      Level 1        Level 2        Level 3        Total  

Assets

                  

Investments

                  

Long-Term Investments

                  

Common Stocks

                  

Belgium

    $ —        $ 15,023        $ —        $ 15,023  

Canada

      162,427          —          —          162,427  

China

      11,755          171,671          —          183,426  

Denmark

      —          161,721          —          161,721  

Finland

      —          5,849          —          5,849  

France

      —          184,374          —          184,374  

Germany

      —          15,674          —          15,674  

Hong Kong

      —          105,841          —          105,841  

Ireland

      72,411          —          —          72,411  

Italy

      —          71,176          —          71,176  

Japan

      —          493,182          —          493,182  

Luxembourg

      —          36,660          —          36,660  

Netherlands

      3,959          96,446          —          100,405  

Norway

      —          21,789          —          21,789  

Singapore

      —          22,962          —          22,962  

South Korea

      —          82,157          —          82,157  

Sweden

      46,350          85,814          —          132,164  

Switzerland

      —          449,594          —          449,594  

Taiwan

      —          236,096          —          236,096  

United Kingdom

      —          141,359          —          141,359  

United States

      4,159,041          —          —          4,159,041  

Short-Term Securities

                  

Money Market Funds

      502,519          —          —          502,519  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 4,958,462        $ 2,397,388        $ —        $ 7,355,850  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative Financial Instruments(a)

                  

Liabilities

                  

Equity Contracts

    $ (209 )       $ —        $ —        $ (209 ) 

Foreign Currency Exchange Contracts

      —          (3,271 )         —          (3,271 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ (209 )       $ (3,271 )       $             —        $ (3,480 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

(a)

Derivative financial instruments are futures contracts and forward foreign currency exchange contracts. Futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

Currency Abbreviation
CHF    Swiss Franc
INR    Indian Rupee
JPY    Japanese Yen
USD    United States Dollar

 

 

S C H E D U L E  O F  I N V E S T M E N  T S

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