Portfolio Holdings

Top 10 Portfolio Holdings As of recent Month End - October 31, 2017

Security Name

Shares Held

Market Value

% of Net Assets

Fomento Economico Mexicano SAB de CV

820,731

$7,165,008

8.11%

Grupo Financiero Banorte SAB de CV

920,788

$5,464,669

6.18%

Infraestructura Energetica Nova SAB de CV

1,015,867

$5,186,966

5.87%

America Movil SAB de CV

5,969,870

$5,150,372

5.83%

Alfa SAB de CV

4,675,830

$4,885,150

5.53%

GRUMA SAB de CV

293,457

$3,843,982

4.35%

Mexichem SAB de CV

1,487,230

$3,829,054

4.33%

Promotora y Operadora de Infraestructura SAB de CV

393,081

$3,732,801

4.22%

Arca Continental SAB de CV

586,516

$3,732,618

4.22%

Grupo Mexico SA de CV

1,113,891

$3,621,994

4.10%

 

Portfolio Holdings As of recent Quarter End - September 30, 2017

Security Name

Shares Held

Market Value

% of Net Assets

Fomento Economico Mexicano SAB de CV

800,451

$7,650,219

7.92%

America Movil SAB de CV

7,157,290

$6,351,554

6.57%

Grupo Financiero Banorte SAB de CV

868,259

$5,987,697

6.20%

Alfa SAB de CV

4,081,187

$5,152,471

5.33%

Cemex SAB de CV

5,303,136

$4,819,709

4.99%

Arca Continental SAB de CV

634,166

$4,335,035

4.49%

Grupo Mexico SAB de CV

1,369,301

$4,187,610

4.33%

Gruma SAB de CV

275,357

$4,025,716

4.17%

Mexichem SAB de CV

1,487,230

$3,926,744

4.06%

Promotora y Operadora de Infraestructura SAB de CV

347,164

$3,674,677

3.80%

Corporacion Inmobiliaria Vesta SAB de CV

2,469,911

$3,529,219

3.65%

El Puerto de Liverpool SAB de CV

433,135

$3,496,477

3.62%

Bonos de Desarrollo del Gobierno Federal, 6/27/2019

538,908

$2,978,466

3.08%

Wal-Mart de Mexico SAB de CV

1,233,796

$2,825,332

2.92%

Mexican BANOBRA, 10/02/2017

40,538,981

$2,225,765

2.30%

Grupo Financiero Inbursa SAB de CV

1,177,343

$2,153,613

2.23%

Grupo Financiero Interacciones SA de CV

352,645

$2,109,092

2.18%

Industrias Penoles SAB de CV

80,329

$1,995,256

2.07%

Banco del Bajio SA

1,005,840

$1,948,159

2.02%

Rassini SAB de CV

448,392

$1,862,514

1.93%

Grupo Carso SAB de CV

467,467

$1,842,657

1.91%

Banregio Grupo Financiero SAB de CV

299,660

$1,784,302

1.85%

Grupo Sanborns SAB de CV

1,485,059

$1,737,054

1.80%

Atlas Discovery Trust II

300,000

$1,716,689

1.78%

Controladora Vuela Cia de Aviacion SAB de CV

1,372,532

$1,626,537

1.68%

Promotora y Operadora de Infraestructura SAB de CV

203,045

$1,619,454

1.68%

Infraestructura Energetica Nova SAB de CV

268,892

$1,505,559

1.56%

Credito Real SAB de CV SOFOM ER

854,736

$1,447,559

1.50%

Grupe SAB de CV

572,061

$1,333,39

1.38%

Alpek SAB de CV

1,255,273

$1,313,177

1.36%

La Comer SAB de CV

1,306,546

$1,313,003

1.36%

Alsea SAB de CV

308,747

$1,135,463

1.18%

Grupo Bimbo SAB de CV

354,549

$856,097

0.89%

Bonos de Desarrollo del Gobierno Federal, 6/6/2019

152,859

$844,653

0.87%

Gentera SAB de CV

476,163

$771,640

0.80%

Nemak SAB de CV

704,000

$605,030

0.63%

Becle SAB de CV

274,807

$461,784

0.48%

Mexican CETES, 10/12/2017

6,525,270

$357,571

0.37%

Coca-Cola Femsa SAB de CV

26,000

$200,904

0.21%

Morgan Stanley Institutional Liquidity Funds - Government Portfolio

70,281

$70,281

0.07%