| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 56,176,518 | 685,053 | 120,498,631.11 | 0.0119 | 1.663 | 11/28/2025 |
| 2 | Lazard Asset Management LLC | 43,366,247 | 5,981,800 | 93,020,599.82 | 0.0731 | 1.2838 | 10/31/2025 |
| 3 | Sprucegrove Investment Management Ltd. | 20,977,816 | -9,006,705 | 44,997,415.32 | 1.2012 | 0.621 | 09/30/2025 |
| 4 | ARGA Investment Management LP | 17,821,439 | -4,615,963 | 38,226,986.66 | 0.2017 | 0.5276 | 07/31/2025 |
| 5 | Old Mutual Investment Group (Pty) Ltd. | 14,685,337 | 0 | 31,500,047.86 | 0.5415 | 0.4347 | 03/31/2025 |
| 6 | Schroder Investment Management Ltd. | 11,903,385 | -1,418,304 | 25,532,760.82 | 0.0105 | 0.3524 | 10/31/2025 |
| 7 | M&G Investment Management Ltd. | 11,681,120 | 760,460 | 25,056,002.4 | 0.0326 | 0.3458 | 10/31/2025 |
| 8 | Dimensional Fund Advisors LP | 11,013,935 | -222,513 | 23,624,890.58 | 0.0036 | 0.3261 | 11/28/2025 |
| 9 | Nordea Investment Management AB | 10,886,402 | 312,430 | 23,351,332.29 | 0.0273 | 0.3223 | 10/31/2025 |
| 10 | American Century Investment Management, Inc. | 8,751,380 | 2,227,017 | 18,771,710.1 | 0.0072 | 0.2591 | 11/28/2025 |
| 11 | RBC Global Asset Management (UK) Ltd. | 8,550,520 | -467,226 | 18,340,865.4 | 0.0315 | 0.2531 | 11/28/2025 |
| 12 | East Capital Financial Services AB | 7,501,133 | 141,988 | 16,089,930.28 | 1.5075 | 0.2221 | 10/31/2025 |
| 13 | Harding Loevner LP | 6,995,245 | -3,172,071 | 15,004,800.52 | 0.0553 | 0.2071 | 10/31/2025 |
| 14 | HSBC Global Asset Management (UK) Ltd. | 6,215,677 | 991,231 | 13,332,627.16 | 0.0078 | 0.184 | 10/31/2025 |
| 15 | BlackRock Investment Management (UK) Ltd. | 6,167,373 | 0 | 13,229,015.08 | 0.0017 | 0.1826 | 10/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New World Fund | 52,073,566 | 0 | 111,697,799.07 | 0.1576 | 1.5416 | 09/30/2025 |
| 2 | Lazard Emerging Markets Equity Portfolio | 26,122,293 | 6,271,296 | 56,032,318.48 | 0.9275 | 0.7733 | 10/31/2025 |
| 3 | Vanguard International Value Fund | 17,821,439 | -4,615,963 | 38,226,986.66 | 0.3055 | 0.5276 | 07/31/2025 |
| 4 | Russell Invt. Co. Plc - Old Mutual African Frontiers Fund | 14,685,337 | 0 | 31,500,047.86 | 8.6805 | 0.4347 | 03/31/2025 |
| 5 | Schroder ISF - Frontier Markets Equity | 11,596,050 | 5,123,649 | 24,873,527.25 | 3.1656 | 0.3433 | 10/31/2025 |
| 6 | Avantis Emerging Markets Equity ETF | 8,177,995 | 2,102,662 | 17,541,799.27 | 0.1159 | 0.2421 | 11/28/2025 |
| 7 | M&G Investment Funds (7) OEIC - Global Emerging Markets Fund | 7,661,922 | 206,310 | 16,434,822.69 | 1.391 | 0.2268 | 08/31/2025 |
| 8 | East Capital - Global Frontier Markets Fund | 7,359,145 | 0 | 15,785,366.02 | 5.2091 | 0.2179 | 10/31/2025 |
| 9 | Nordea 2 - BetaPlus Enhanced EM. Sustainable Equity Fund | 6,562,001 | 333,302 | 14,075,492.14 | 0.5174 | 0.1943 | 10/31/2025 |
| 10 | Lazard Investment Funds - Emerging Markets Fund | 6,287,744 | 0 | 13,487,210.88 | 0.9552 | 0.1861 | 03/31/2025 |
| 11 | RBC Emerging Markets Dividend Fund | 6,280,451 | -293,080 | 13,471,567.4 | 0.9393 | 0.1859 | 06/30/2025 |
| 12 | HSBC Global Investment Funds - Frontier Markets | 6,215,677 | 991,231 | 13,332,627.16 | 1.5301 | 0.184 | 10/31/2025 |
| 13 | BlackRock Strategic Fds. - Emerging Markets Equity Strategies | 6,167,373 | 0 | 13,229,015.08 | 1.1714 | 0.1826 | 10/31/2025 |
| 14 | DFA Emerging Markets Core Equity 2 Portfolio | 5,608,581 | -222,594 | 12,030,406.24 | 0.0352 | 0.166 | 09/30/2025 |
| 15 | Magna Umbrella Fund Plc - New Frontiers Fund | 4,593,618 | -343,478 | 9,853,310.61 | 1.2825 | 0.136 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 43,366,247 | 5,981,800 | 93,020,599.82 | 0.0731 | 1.2838 | 10/31/2025 |
| 2 | BlackRock Advisors (UK) Ltd. | 4,094,686 | 4,094,686 | 8,783,101.47 | 0.001 | 0.1212 | 11/28/2025 |
| 3 | Franklin Templeton Investments (ME) Ltd. | 2,703,616 | 2,703,616 | 5,799,256.32 | 1.3018 | 0.08 | 09/30/2025 |
| 4 | American Century Investment Management, Inc. | 8,751,380 | 2,227,017 | 18,771,710.1 | 0.0072 | 0.2591 | 11/28/2025 |
| 5 | HSBC Global Asset Management (UK) Ltd. | 6,215,677 | 991,231 | 13,332,627.16 | 0.0078 | 0.184 | 10/31/2025 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 781,773 | 781,773 | 1,676,903.08 | 0.0045 | 0.0231 | 11/28/2025 |
| 7 | M&G Investment Management Ltd. | 11,681,120 | 760,460 | 25,056,002.4 | 0.0326 | 0.3458 | 10/31/2025 |
| 8 | Capital Research & Management Co. (World Investors) | 56,176,518 | 685,053 | 120,498,631.11 | 0.0119 | 1.663 | 11/28/2025 |
| 9 | Abaco Capital SGIIC SA | 521,179 | 521,179 | 1,117,928.96 | 1.1616 | 0.0154 | 06/30/2025 |
| 10 | Artisan Partners LP | 2,701,979 | 437,254 | 5,795,744.96 | 0.0046 | 0.08 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Goldman Sachs Asset Management LP | 4,514,552 | -13,485,195 | 9,683,714.04 | 0.0019 | 0.1336 | 06/30/2025 |
| 2 | Sprucegrove Investment Management Ltd. | 20,977,816 | -9,006,705 | 44,997,415.32 | 1.2012 | 0.621 | 09/30/2025 |
| 3 | ARGA Investment Management LP | 17,821,439 | -4,615,963 | 38,226,986.66 | 0.2017 | 0.5276 | 07/31/2025 |
| 4 | Harding Loevner LP | 6,995,245 | -3,172,071 | 15,004,800.52 | 0.0553 | 0.2071 | 10/31/2025 |
| 5 | Federated Global Investment Management Corp. | 0 | -2,039,654 | 0 | 0 | 0 | |
| 6 | Schroder Investment Management Ltd. | 11,903,385 | -1,418,304 | 25,532,760.82 | 0.0105 | 0.3524 | 10/31/2025 |
| 7 | Goldman Sachs Asset Management (Singapore) Pte. Ltd. | 0 | -645,868 | 0 | 0 | 0 | |
| 8 | Fiera Capital (UK) Ltd. | 6,078,102 | -515,326 | 13,037,528.79 | 0.3213 | 0.1799 | 08/31/2025 |
| 9 | Morgan Stanley Investment Management, Inc. | 2,721,898 | -470,356 | 5,838,471.21 | 0.006 | 0.0806 | 11/30/2025 |
| 10 | RBC Global Asset Management (UK) Ltd. | 8,550,520 | -467,226 | 18,340,865.4 | 0.0315 | 0.2531 | 11/28/2025 |
Data provided by FactSet Research Systems Inc.