| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 50,800,352 | 875,728 | 109,220,756.8 | 0.0109 | 1.6693 | 09/30/2025 |
| 2 | Lazard Asset Management LLC | 37,415,913 | 4,951,998 | 80,444,212.95 | 0.0646 | 1.2295 | 09/30/2025 |
| 3 | Sprucegrove Investment Management Ltd. | 21,212,772 | -6,045,883 | 45,607,459.8 | 1.1533 | 0.6971 | 06/30/2025 |
| 4 | ARGA Investment Management LP | 16,201,308 | -6,638,080 | 34,832,812.2 | 0.1859 | 0.5324 | 07/31/2025 |
| 5 | Schroder Investment Management Ltd. | 14,787,983 | 5,015,056 | 31,794,163.45 | 0.0213 | 0.4859 | 08/31/2025 |
| 6 | Old Mutual Investment Group (Pty) Ltd. | 13,350,306 | 0 | 28,703,157.9 | 0.513 | 0.4387 | 03/31/2025 |
| 7 | Nordea Investment Management AB | 10,020,272 | 829,786 | 21,543,584.8 | 0.0259 | 0.3293 | 08/29/2025 |
| 8 | Dimensional Fund Advisors LP | 10,011,375 | -203,417 | 21,524,456.25 | 0.0033 | 0.329 | 09/30/2025 |
| 9 | M&G Investment Management Ltd. | 9,934,524 | 874,877 | 21,359,226.6 | 0.0283 | 0.3265 | 08/29/2025 |
| 10 | RBC Global Asset Management (UK) Ltd. | 7,625,266 | -572,685 | 16,394,321.9 | 0.0288 | 0.2506 | 09/30/2025 |
| 11 | American Century Investment Management, Inc. | 7,183,488 | 2,135,455 | 15,444,499.2 | 0.0061 | 0.2361 | 09/30/2025 |
| 12 | Harding Loevner LP | 7,158,388 | -676,198 | 15,390,534.2 | 0.0528 | 0.2352 | 09/30/2025 |
| 13 | East Capital Financial Services AB | 6,690,132 | 0 | 14,383,783.8 | 1.4145 | 0.2198 | 08/29/2025 |
| 14 | Fiera Capital (UK) Ltd. | 5,994,026 | -327,817 | 12,887,155.9 | 0.3015 | 0.197 | 06/30/2025 |
| 15 | BlackRock Investment Management (UK) Ltd. | 5,606,703 | 0 | 12,054,411.45 | 0.0015 | 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 | 101,780,150.75 | 0.1446 | 1.5556 | 09/30/2025 |
| 2 | Lazard Emerging Markets Equity Portfolio | 23,467,141 | 6,428,300 | 50,454,353.15 | 0.8789 | 0.7711 | 09/30/2025 |
| 3 | Vanguard International Value Fund | 16,201,308 | -6,638,080 | 34,832,812.2 | 0.2873 | 0.5324 | 07/31/2025 |
| 4 | Russell Invt. Co. Plc - Old Mutual African Frontiers Fund | 13,350,306 | 0 | 28,703,157.9 | 8.1486 | 0.4387 | 03/31/2025 |
| 5 | Schroder ISF - Frontier Markets Equity | 8,561,358 | 5,015,056 | 18,406,919.7 | 2.485 | 0.2813 | 08/31/2025 |
| 6 | M&G Investment Funds (7) OEIC - Global Emerging Markets Fund | 6,777,829 | 587,020 | 14,572,332.35 | 1.2767 | 0.2227 | 06/30/2025 |
| 7 | Avantis Emerging Markets Equity ETF | 6,738,460 | 2,053,667 | 14,487,689 | 0.1053 | 0.2214 | 09/30/2025 |
| 8 | East Capital - Global Frontier Markets Fund | 6,690,132 | 0 | 14,383,783.8 | 4.7967 | 0.2198 | 08/29/2025 |
| 9 | Nordea 2 - BetaPlus Enhanced EM. Sustainable Equity Fund | 6,023,975 | 620,661 | 12,951,546.25 | 0.4794 | 0.198 | 08/29/2025 |
| 10 | Schroder ISF - Global Emerging Market Opportunities | 5,947,230 | 0 | 12,786,544.5 | 0.5429 | 0.1954 | 08/31/2025 |
| 11 | RBC Emerging Markets Dividend Fund | 5,709,501 | -266,436 | 12,275,427.15 | 0.8835 | 0.1876 | 06/30/2025 |
| 12 | BlackRock Strategic Fds. - Emerging Markets Equity Strategies | 5,606,703 | 0 | 12,054,411.45 | 1.197 | 0.1842 | 08/31/2025 |
| 13 | Lazard Investment Funds - Emerging Markets Fund | 5,511,491 | 0 | 11,849,705.65 | 0.8345 | 0.1811 | 11/29/2024 |
| 14 | DFA Emerging Markets Core Equity 2 Portfolio | 5,117,675 | -183,393 | 11,003,001.25 | 0.0324 | 0.1682 | 07/31/2025 |
| 15 | HSBC Global Investment Funds - Frontier Markets | 4,749,496 | 540,662 | 10,211,416.4 | 1.2393 | 0.1561 | 08/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 14,787,983 | 5,015,056 | 31,794,163.45 | 0.0213 | 0.4859 | 08/31/2025 |
| 2 | Lazard Asset Management LLC | 37,415,913 | 4,951,998 | 80,444,212.95 | 0.0646 | 1.2295 | 09/30/2025 |
| 3 | BlackRock Advisors (UK) Ltd. | 3,680,692 | 3,680,692 | 7,913,487.8 | 0.0009 | 0.1209 | 09/30/2025 |
| 4 | Franklin Templeton Investments (ME) Ltd. | 2,457,833 | 2,457,833 | 5,284,340.95 | 1.2276 | 0.0808 | 09/30/2025 |
| 5 | American Century Investment Management, Inc. | 7,183,488 | 2,135,455 | 15,444,499.2 | 0.0061 | 0.2361 | 09/30/2025 |
| 6 | Capital Research & Management Co. (World Investors) | 50,800,352 | 875,728 | 109,220,756.8 | 0.0109 | 1.6693 | 09/30/2025 |
| 7 | M&G Investment Management Ltd. | 9,934,524 | 874,877 | 21,359,226.6 | 0.0283 | 0.3265 | 08/29/2025 |
| 8 | Nordea Investment Management AB | 10,020,272 | 829,786 | 21,543,584.8 | 0.0259 | 0.3293 | 08/29/2025 |
| 9 | Connor, Clark & Lunn Investment Management Ltd. | 710,702 | 710,702 | 1,528,009.3 | 0.0044 | 0.0234 | 09/30/2025 |
| 10 | HSBC Global Asset Management (UK) Ltd. | 4,749,496 | 540,662 | 10,211,416.4 | 0.0062 | 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 | 8,823,896.7 | 0.0019 | 0.1349 | 06/30/2025 |
| 2 | ARGA Investment Management LP | 16,201,308 | -6,638,080 | 34,832,812.2 | 0.1859 | 0.5324 | 07/31/2025 |
| 3 | Sprucegrove Investment Management Ltd. | 21,212,772 | -6,045,883 | 45,607,459.8 | 1.1533 | 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 | 165,472.6 | 0.0001 | 0.0025 | 08/29/2025 |
| 6 | Harding Loevner LP | 7,158,388 | -676,198 | 15,390,534.2 | 0.0528 | 0.2352 | 09/30/2025 |
| 7 | UBS Asset Management Switzerland AG | 3,080,499 | -587,198 | 6,623,072.85 | 0.0014 | 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 | 16,394,321.9 | 0.0288 | 0.2506 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.