SmartETFs Asia Pacific Dividend Builder ETF

Schedule of Investments

at September 30, 2023 (Unaudited)

Shares		Common Stocks:  99.4%	Value
		Australia:  9.8%
	6,545	Corporate Travel Management Ltd.	$	70,901
	2,715	JB Hi-Fi Ltd.		79,279
	35,970	Metcash Ltd.		87,413
	3,479	Sonic Healthcare Ltd.		66,652
				304,245
		China:  32.5%
	151,000	China Construction Bank Corp. - H Shares		85,231
	55,000	China Medical System Holdings		83,300
	20,000	China Merchants Bank Co., Ltd. - H Shares		83,517
	37,500	China Overseas Land & Investment Ltd.		77,770
	24,100	China Resources Gas Group Ltd.		70,631
	183,000	Industrial and Commercial Bank of China Ltd.  - H Shares		88,103
	21,100	Inner Mongolia Yili Industrial Group Co., Ltd. - A Shares		76,711
	917	NetEase Inc. - ADR		91,847
	13,500	Ping An Insurance Group Company of China Ltd. - H Shares		77,320
	10,000	Shenzhou International		95,776
	36,900	Suofeiya Home Collection - A Shares		95,773
	12,094	Zhejiang Supor Cookware - A Shares		80,347
				1,006,326
		Hong Kong:  4.9%
	28,500	BOC Hong Kong Holdings Ltd.		78,067
	14,977	Link REIT/The		73,443
				151,510
		India: 3.3%
	6,880	Tech Mahindra LTD		101,499
		Malaysia:  2.9%
	103,600	Public Bank Bhd		89,583
		Singapore: 8.4%
	44,054	Capland Ascendas - REIT		88,620
	58,400	CapitaLand Integrated Commercial Trust - REIT		79,032
	3,786	DBS Group Holdings Ltd.		93,165
				260,817
		South Korea:  5.2%
	11,968	Hanon Systems		83,357
	12,638	Korean Reinsurance Co		76,997
				160,354

SmartETFs Asia Pacific Dividend Builder ETF

Schedule of Investments

at September 30, 2023 (Unaudited)

Shares		Common Stocks:  99.4%	Value
		Taiwan:  21.1%
	14,000	Catcher Technology Co., Ltd.	$	79,203
	11,000	Elite Material Co., Ltd.		145,944
	26,517	Hon Hai Precision Industry Co., Ltd.		85,488
	1,260	Largan Precision Co., Ltd.		83,391
	8,800	Nien Made Enterprise Co., Ltd.		84,566
	7,500	Novatek Microelectronics Corp.		98,345
	895	Taiwan Semiconductor Manufacturing Co., Ltd.		77,776
				654,713
		Thailand:  2.7%
	31,300	Tisco Financial Group PCL/Foreign		84,450
		United States:  8.6%
	1,254	Aflac Inc.		96,245
	102	BROADCOM INC.		84,719
	764	QUALCOMM Inc.		84,850
				265,814
		Total Common Stocks (Cost $2,810,973)		3,079,311
		Total Investments (Cost  $2,810,973): 99.4%		3,079,311
		Other Assets in Excess of Liabilities - 0.6%		18,045
		Total Net Assets - 100.0%	$	3,097,356

ADR - American Depository Receipt

PCL - Public Company Limited

REIT - Real Estate Investment Trust