Portfolio Holdings

Top 10 Portfolio Holdings As of recent Month End – August 31, 2021

Security Name

Shares Held

Market Value

% of Net Assets

Atlas Discovery Trust II

300,000

$3,809,375

14.55%

Cemex SAB de CV

2,178,183

$2,144,129

8.19%

Grupo Financiero Banorte SAB de CV

2,488,060

$2,044,064

7.81%

America Movil SAB de CV

300,653

$1,984,693

7.58%

Alpek SAB de CV

337,793

$1,573,418

6.01%

Grupo Mexico SAB de CV

1,230,991

$1,451,397

5.54%

Orbia Advance Corp SAB de CV

434,982

$1,241,878

4.74%

Controladora Vuela Cia de Aviacion SAB de CV

1,041,900

$1,185,392

4.53%

Fibra Uno Administracion SA de CV

309,756

$1,102,129

4.21%

Controladora Nemak SAB de CV

516,800

$1,030,821

3.94%

Portfolio Holdings As of recent Quarter End – June 30, 2021

Security Name

Shares Held

Market Value

% of Net Assets

Atlas Discovery Trust II

300,000

$3,528,416

Cemex SAB de CV

2,488,060

$2,099,386

Grupo Mexico SAB de CV

391,093

$1,839,514

America Movil SAB de CV

2,292,183

$1,724,829

Grupo Financiero Banorte SAB de CV

260,553

$1,682,994

Orbia Advance Corp SAB de CV

550,882

$1,440,904

Controladora Nemak SAB de CV

7,243,026

$1,180,889

Alpek SAB de CV

915,879

$1,126,126

Wal-Mart de Mexico SAB de CV

309,756

$1,011,128

Controladora Vuela Cia de Aviacion SAB de CV

516,800

$989,838

Fibra Uno Administracion SA de CV

884,800

$955,641

Grupo Cementos de Chihuahua SAB de CV

96,400

$778,348

Grupo Traxion SAB de CV

410,350

$771,336

El Puerto de Liverpool SAB de CV

170,601

$759,548

Fomento Economico Mexicano SAB de CV

89,697

$756,534

Sempra Energy

5,680

$755,377

GMexico Transportes SAB de CV

406,874

$687,853

Regional SAB de CV

109,600

$644,547

Alfa SAB de CV

740,987

$556,093

Banco del Bajio SA

299,100

$536,561

Grupo Comercial Chedraui SA de CV

232,096

$371,535

Grupe SAB de CV

303,242

$352,925

Grupo Bimbo SAB de CV

142,300

$313,311

Alsea SAB de CV

156,688

$278,806

Corporacion Inmobiliaria Vesta SAB de CV

126,000

$245,123

MSILF Government Portfolio

22,838

$22,838

Scotiabankinverlat – Scotia Gubernamental SA de CV SIID

58,141

$11,689