| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 50,800,352 | 875,728 | 110,236,763.84 | 0.011 | 1.6693 | 09/30/2025 |
| 2 | Lazard Asset Management LLC | 38,404,275 | 5,940,360 | 83,337,276.75 | 0.067 | 1.262 | 09/30/2025 |
| 3 | Sprucegrove Investment Management Ltd. | 21,212,772 | -6,045,883 | 46,031,715.24 | 1.1721 | 0.6971 | 06/30/2025 |
| 4 | ARGA Investment Management LP | 16,201,308 | -6,638,080 | 35,156,838.36 | 0.1891 | 0.5324 | 07/31/2025 |
| 5 | Schroder Investment Management Ltd. | 14,787,983 | 5,015,056 | 32,089,923.11 | 0.0215 | 0.4859 | 08/31/2025 |
| 6 | Old Mutual Investment Group (Pty) Ltd. | 13,350,306 | 0 | 28,970,164.02 | 0.5288 | 0.4387 | 03/31/2025 |
| 7 | Nordea Investment Management AB | 10,020,272 | 829,786 | 21,743,990.24 | 0.0262 | 0.3293 | 08/29/2025 |
| 8 | Dimensional Fund Advisors LP | 10,011,375 | -203,417 | 21,724,683.75 | 0.0034 | 0.329 | 09/30/2025 |
| 9 | M&G Investment Management Ltd. | 9,934,524 | 874,877 | 21,557,917.08 | 0.0287 | 0.3265 | 08/29/2025 |
| 10 | RBC Global Asset Management (UK) Ltd. | 7,625,266 | -572,685 | 16,546,827.22 | 0.0291 | 0.2506 | 09/30/2025 |
| 11 | American Century Investment Management, Inc. | 7,183,488 | 2,135,455 | 15,588,168.96 | 0.0061 | 0.2361 | 09/30/2025 |
| 12 | Harding Loevner LP | 7,158,388 | -676,198 | 15,533,701.96 | 0.0533 | 0.2352 | 09/30/2025 |
| 13 | East Capital Financial Services AB | 6,690,132 | 0 | 14,517,586.44 | 1.4323 | 0.2198 | 08/29/2025 |
| 14 | Fiera Capital (UK) Ltd. | 5,994,026 | -327,817 | 13,007,036.42 | 0.3057 | 0.197 | 06/30/2025 |
| 15 | BlackRock Investment Management (UK) Ltd. | 5,606,703 | 0 | 12,166,545.51 | 0.0016 | 0.1842 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New World Fund | 47,339,605 | 0 | 102,726,942.85 | 0.1459 | 1.5556 | 09/30/2025 |
| 2 | Lazard Emerging Markets Equity Portfolio | 23,467,141 | 6,428,300 | 50,923,695.97 | 0.892 | 0.7711 | 09/30/2025 |
| 3 | Vanguard International Value Fund | 16,201,308 | -6,638,080 | 35,156,838.36 | 0.2905 | 0.5324 | 07/31/2025 |
| 4 | Russell Invt. Co. Plc - Old Mutual African Frontiers Fund | 13,350,306 | 0 | 28,970,164.02 | 8.2443 | 0.4387 | 03/31/2025 |
| 5 | Schroder ISF - Frontier Markets Equity | 8,561,358 | 5,015,056 | 18,578,146.86 | 2.514 | 0.2813 | 08/31/2025 |
| 6 | M&G Investment Funds (7) OEIC - Global Emerging Markets Fund | 6,777,829 | 587,020 | 14,707,888.93 | 1.2892 | 0.2227 | 06/30/2025 |
| 7 | Avantis Emerging Markets Equity ETF | 6,738,460 | 2,053,667 | 14,622,458.2 | 0.1064 | 0.2214 | 09/30/2025 |
| 8 | East Capital - Global Frontier Markets Fund | 6,690,132 | 0 | 14,517,586.44 | 4.8582 | 0.2198 | 08/29/2025 |
| 9 | Nordea 2 - BetaPlus Enhanced EM. Sustainable Equity Fund | 6,023,975 | 620,661 | 13,072,025.75 | 0.4833 | 0.198 | 08/29/2025 |
| 10 | Schroder ISF - Global Emerging Market Opportunities | 5,947,230 | 0 | 12,905,489.1 | 0.5477 | 0.1954 | 08/31/2025 |
| 11 | RBC Emerging Markets Dividend Fund | 5,709,501 | -266,436 | 12,389,617.17 | 0.8934 | 0.1876 | 06/30/2025 |
| 12 | BlackRock Strategic Fds. - Emerging Markets Equity Strategies | 5,606,703 | 0 | 12,166,545.51 | 1.2111 | 0.1842 | 08/31/2025 |
| 13 | Lazard Investment Funds - Emerging Markets Fund | 5,511,491 | 0 | 11,959,935.47 | 0.8464 | 0.1811 | 11/29/2024 |
| 14 | DFA Emerging Markets Core Equity 2 Portfolio | 5,117,675 | -183,393 | 11,105,354.75 | 0.0327 | 0.1682 | 07/31/2025 |
| 15 | HSBC Global Investment Funds - Frontier Markets | 4,749,496 | 540,662 | 10,306,406.32 | 1.2616 | 0.1561 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 38,404,275 | 5,940,360 | 83,337,276.75 | 0.067 | 1.262 | 09/30/2025 |
| 2 | Schroder Investment Management Ltd. | 14,787,983 | 5,015,056 | 32,089,923.11 | 0.0215 | 0.4859 | 08/31/2025 |
| 3 | BlackRock Advisors (UK) Ltd. | 3,680,692 | 3,680,692 | 7,987,101.64 | 0.0009 | 0.1209 | 09/30/2025 |
| 4 | Franklin Templeton Investments (ME) Ltd. | 2,457,833 | 2,457,833 | 5,333,497.61 | 1.2424 | 0.0808 | 09/30/2025 |
| 5 | American Century Investment Management, Inc. | 7,183,488 | 2,135,455 | 15,588,168.96 | 0.0061 | 0.2361 | 09/30/2025 |
| 6 | Capital Research & Management Co. (World Investors) | 50,800,352 | 875,728 | 110,236,763.84 | 0.011 | 1.6693 | 09/30/2025 |
| 7 | M&G Investment Management Ltd. | 9,934,524 | 874,877 | 21,557,917.08 | 0.0287 | 0.3265 | 08/29/2025 |
| 8 | Nordea Investment Management AB | 10,020,272 | 829,786 | 21,743,990.24 | 0.0262 | 0.3293 | 08/29/2025 |
| 9 | Connor, Clark & Lunn Investment Management Ltd. | 710,702 | 710,702 | 1,542,223.34 | 0.0044 | 0.0234 | 09/30/2025 |
| 10 | HSBC Global Asset Management (UK) Ltd. | 4,749,496 | 540,662 | 10,306,406.32 | 0.0063 | 0.1561 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs Asset Management LP | 4,104,138 | -12,259,268 | 8,905,979.46 | 0.0019 | 0.1349 | 06/30/2025 |
| 2 | ARGA Investment Management LP | 16,201,308 | -6,638,080 | 35,156,838.36 | 0.1891 | 0.5324 | 07/31/2025 |
| 3 | Sprucegrove Investment Management Ltd. | 21,212,772 | -6,045,883 | 46,031,715.24 | 1.1721 | 0.6971 | 06/30/2025 |
| 4 | Federated Global Investment Management Corp. | 0 | -1,854,231 | 0 | 0 | 0 | |
| 5 | DWS Investment GmbH | 76,964 | -1,125,000 | 167,011.88 | 0.0001 | 0.0025 | 08/29/2025 |
| 6 | Harding Loevner LP | 7,158,388 | -676,198 | 15,533,701.96 | 0.0533 | 0.2352 | 09/30/2025 |
| 7 | UBS Asset Management Switzerland AG | 3,080,499 | -587,198 | 6,684,682.83 | 0.0015 | 0.1012 | 09/30/2025 |
| 8 | Goldman Sachs Asset Management (Singapore) Pte. Ltd. | 0 | -587,153 | 0 | 0 | 0 | |
| 9 | Irish Life Investment Managers Ltd. | 0 | -578,988 | 0 | 0 | 0 | |
| 10 | RBC Global Asset Management (UK) Ltd. | 7,625,266 | -572,685 | 16,546,827.22 | 0.0291 | 0.2506 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.