GUINNESS ATKINSON ALTERNATIVE ENERGY FUND
Schedule of Investments
at September 30, 2023 (Unaudited)
Shares | Common Stocks: 97.8% | Value | ||||||
Electrification: 30.4% | ||||||||
12,075 | APTIV PLC* | $ | 1,190,474 | |||||
15,927 | Gentherm Inc.* | 864,199 | ||||||
34,332 | Infineon Technologies AG | 1,138,162 | ||||||
41,084 | Johnson Matthey PLC | 816,128 | ||||||
2,627 | LG Chem Ltd. | 964,381 | ||||||
15,680 | ON Semiconductor Corp.* | 1,457,456 | ||||||
2,634 | Samsung SDI Co., Ltd. | 997,137 | ||||||
28,090 | Sensata Technologies Holding | 1,062,364 | ||||||
8,490,301 | ||||||||
Energy Efficiency: 15.9% | ||||||||
16,054 | Ameresco* | 619,042 | ||||||
4,233 | Hubbell Inc. | 1,326,665 | ||||||
2,731 | Installed Building Products Inc. | 341,075 | ||||||
118,676 | Nibe Industrier AB - B Shares | 779,927 | ||||||
6,809 | Trane Technologies PLC | 1,381,614 | ||||||
4,448,323 | ||||||||
Renewable Energy Generation: 18.6% | ||||||||
587,000 | China Longyuan Power Group Corp. - H Shares | 511,233 | ||||||
1,106,000 | China Suntien Green Energy Corp. Ltd. - H Shares | 382,755 | ||||||
113,911 | Iberdrola SA | 1,276,042 | ||||||
17,832 | Nextera Energy Inc. | 1,021,595 | ||||||
13,766 | Ormat Technologies Inc. | 962,519 | ||||||
13,134 | Orsted AS | 716,975 | ||||||
31,448 | Sunnova Energy International Inc.* | 329,261 | ||||||
5,200,380 | ||||||||
Renewable Equipment Manufacturing: 32.9% | ||||||||
30,455 | Canadian Solar Inc.* | 749,498 | ||||||
6,957 | Eaton Corp PLC | 1,483,789 | ||||||
3,842 | Enphase Energy Inc.* | 461,616 | ||||||
6,365 | First Solar Inc.* | 1,028,520 | ||||||
16,236 | Itron Inc.* | 983,577 | ||||||
13,458 | Legrand SA | 1,242,204 | ||||||
7,807 | Schneider Electric SE | 1,295,766 | ||||||
2,782 | Solaredge Technologies Inc.* | 360,297 | ||||||
12,874 | TPI Composites Inc.* | 34,116 | ||||||
45,572 | Vestas Wind Systems A/S | 979,076 | ||||||
762,200 | Xinyi Solar Holdings Ltd. | 570,379 | ||||||
9,188,838 | ||||||||
Total Common Stocks | $ | 27,327,842 | ||||||
(cost $31,266,940) |
GUINNESS ATKINSON ALTERNATIVE ENERGY FUND
Schedule of Investments
at September 30, 2023 (Unaudited)
Shares | Common Stocks: 97.8% | Value | ||||||
Total Investments in Securities | 27,327,842 | |||||||
(cost $31,266,940): 97.8% | ||||||||
Other Assets less Liabilities: 2.2% | 624,888 | |||||||
Net Assets: 100.0% | $ | 27,952,730 |
* | Non-income producing security. |
PLC - Public Limited Company