| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (World Investors) | 56,066,239 | 185,851 | 137,362,285.55 | 0.0133 | 1.6598 | 03/31/2026 |
| 2 | Lazard Asset Management LLC | 49,083,713 | 5,436,523 | 120,255,096.85 | 0.1017 | 1.4531 | 02/28/2026 |
| 3 | Old Mutual Investment Group (Pty) Ltd. | 15,169,682 | 0 | 37,165,720.9 | 0.7341 | 0.4491 | 09/30/2025 |
| 4 | Nordea Investment Management AB | 12,263,692 | 1,285,042 | 30,046,045.4 | 0.0326 | 0.3631 | 02/27/2026 |
| 5 | M&G Investment Management Ltd. | 11,426,977 | -301,587 | 27,996,093.65 | 0.033 | 0.3383 | 12/31/2025 |
| 6 | Dimensional Fund Advisors LP | 11,269,852 | -64,885 | 27,611,137.4 | 0.0038 | 0.3336 | 03/31/2026 |
| 7 | American Century Investment Management, Inc. | 11,160,381 | 3,250,052 | 27,342,933.45 | 0.0098 | 0.3304 | 03/31/2026 |
| 8 | Schroder Investment Management Ltd. | 9,949,119 | -8,188,884 | 24,375,341.55 | 0.0093 | 0.2945 | 02/28/2026 |
| 9 | RBC Global Asset Management (UK) Ltd. | 8,624,444 | 161,586 | 21,129,887.8 | 0.0349 | 0.2553 | 02/27/2026 |
| 10 | East Capital Asia Ltd. | 6,704,881 | -654,264 | 16,426,958.45 | 1.2864 | 0.1985 | 02/27/2026 |
| 11 | BlackRock Investment Management (UK) Ltd. | 6,167,373 | 0 | 15,110,063.85 | 0.0018 | 0.1826 | 01/31/2026 |
| 12 | Harding Loevner LP | 5,772,112 | -1,731,424 | 14,141,674.4 | 0.0551 | 0.1709 | 02/27/2026 |
| 13 | HSBC Global Asset Management (UK) Ltd. | 5,732,233 | 507,787 | 14,043,970.85 | 0.0079 | 0.1697 | 02/28/2026 |
| 14 | Fiera Capital (UK) Ltd. | 5,731,752 | -346,350 | 14,042,792.4 | 0.3217 | 0.1697 | 12/31/2025 |
| 15 | Storebrand Asset Management AS | 5,085,608 | 420,359 | 12,459,739.6 | 0.0193 | 0.1506 | 01/31/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New World Fund | 51,950,956 | -122,610 | 127,279,842.2 | 0.1635 | 1.5379 | 12/31/2025 |
| 2 | Lazard Emerging Markets Equity Portfolio | 30,635,525 | 4,821,670 | 75,057,036.25 | 0.8981 | 0.9069 | 02/28/2026 |
| 3 | Russell Invt. Co. Plc - Old Mutual African Frontiers Fund | 15,169,682 | 0 | 37,165,720.9 | 9.0893 | 0.4491 | 09/30/2025 |
| 4 | Avantis Emerging Markets Equity ETF | 10,446,352 | 3,034,046 | 25,593,562.4 | 0.1176 | 0.3093 | 03/31/2026 |
| 5 | Schroder ISF - Frontier Markets Equity | 9,949,119 | -1,646,931 | 24,375,341.55 | 3.0221 | 0.2945 | 02/28/2026 |
| 6 | Nordea 2 - BetaPlus Enhanced EM. Sustainable Equity Fund | 7,885,189 | 1,182,277 | 19,318,713.05 | 0.5159 | 0.2334 | 02/27/2026 |
| 7 | RBC Emerging Markets Dividend Fund | 6,712,267 | 431,816 | 16,445,054.15 | 0.9925 | 0.1987 | 12/31/2025 |
| 8 | East Capital - Global Frontier Markets Fund | 6,590,373 | -768,772 | 16,146,413.85 | 4.5532 | 0.1951 | 02/27/2026 |
| 9 | M&G Investment Funds (7) OEIC - Global Emerging Markets Fund | 6,474,951 | -987,440 | 15,863,629.95 | 1.0996 | 0.1917 | 12/31/2025 |
| 10 | Lazard Investment Funds - Emerging Markets Fund | 6,287,744 | 0 | 15,404,972.8 | 0.9127 | 0.1861 | 03/31/2025 |
| 11 | BlackRock Strategic Fds. - Emerging Markets Equity Strategies | 6,167,373 | 0 | 15,110,063.85 | 1.0544 | 0.1826 | 01/31/2026 |
| 12 | HSBC Global Investment Funds - Frontier Markets | 5,732,233 | 507,787 | 14,043,970.85 | 1.4718 | 0.1697 | 02/28/2026 |
| 13 | DFA Emerging Markets Core Equity 2 Portfolio | 5,391,589 | -216,992 | 13,209,393.05 | 0.0347 | 0.1596 | 12/31/2025 |
| 14 | Coeli SICAV I - Frontier Markets | 4,559,346 | 1,116,017 | 11,170,397.7 | 3.4327 | 0.135 | 03/31/2026 |
| 15 | NBI Diversified Emerging Markets Equity Fund | 4,376,964 | -114,739 | 10,723,561.8 | 0.3982 | 0.1296 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management LLC | 49,083,713 | 5,436,523 | 120,255,096.85 | 0.1017 | 1.4531 | 02/28/2026 |
| 2 | American Century Investment Management, Inc. | 11,160,381 | 3,250,052 | 27,342,933.45 | 0.0098 | 0.3304 | 03/31/2026 |
| 3 | Nordea Investment Management AB | 12,263,692 | 1,285,042 | 30,046,045.4 | 0.0326 | 0.3631 | 02/27/2026 |
| 4 | Ashmore Investment Management Ltd. | 1,304,298 | 1,258,175 | 3,195,530.1 | 0.2628 | 0.0386 | 01/30/2026 |
| 5 | Coeli Asset Management AB | 4,559,346 | 1,116,017 | 11,170,397.7 | 1.4486 | 0.135 | 03/31/2026 |
| 6 | Franklin Templeton Investments (ME) Ltd. | 3,720,963 | 1,017,347 | 9,116,359.35 | 1.8599 | 0.1102 | 02/28/2026 |
| 7 | Symphonia SGR SpA | 795,577 | 795,577 | 1,949,163.65 | 0.3475 | 0.0236 | 12/29/2025 |
| 8 | Charles Schwab Investment Management, Inc. | 3,543,148 | 690,808 | 8,680,712.6 | 0.0001 | 0.1049 | 03/31/2026 |
| 9 | Abaco Capital SGIIC SA | 1,161,674 | 640,495 | 2,846,101.3 | 2.403 | 0.0344 | 12/31/2025 |
| 10 | HSBC Global Asset Management (UK) Ltd. | 5,732,233 | 507,787 | 14,043,970.85 | 0.0079 | 0.1697 | 02/28/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Sprucegrove Investment Management Ltd. | 0 | -20,977,816 | 0 | 0 | 0 | |
| 2 | ARGA Investment Management LP | 0 | -17,821,439 | 0 | 0 | 0 | |
| 3 | Schroder Investment Management Ltd. | 9,949,119 | -8,188,884 | 24,375,341.55 | 0.0093 | 0.2945 | 02/28/2026 |
| 4 | Harding Loevner LP | 5,772,112 | -1,731,424 | 14,141,674.4 | 0.0551 | 0.1709 | 02/27/2026 |
| 5 | Bellevue Asset Management AG | 0 | -895,327 | 0 | 0 | 0 | |
| 6 | East Capital Asia Ltd. | 6,704,881 | -654,264 | 16,426,958.45 | 1.2864 | 0.1985 | 02/27/2026 |
| 7 | SEI Investments Management Corp. | 1,785,301 | -368,226 | 4,373,987.45 | 0.0037 | 0.0529 | 03/31/2026 |
| 8 | Fiera Capital (UK) Ltd. | 5,731,752 | -346,350 | 14,042,792.4 | 0.3217 | 0.1697 | 12/31/2025 |
| 9 | UBS Asset Management Switzerland AG | 3,048,570 | -339,979 | 7,468,996.5 | 0.0021 | 0.0902 | 02/27/2026 |
| 10 | M&G Investment Management Ltd. | 11,426,977 | -301,587 | 27,996,093.65 | 0.033 | 0.3383 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.