| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schroder Investment Management Ltd. | 4,437,269 | -6,868 | 143,245,683.89 | 0.0576 | 1.6271 | 01/31/2026 |
| 2 | Pictet Asset Management Ltd. | 1,972,951 | 47,117 | 63,691,589.42 | 0.8067 | 0.7235 | 11/28/2025 |
| 3 | RWC Asset Advisors (US) LLC | 1,665,555 | 943,021 | 53,768,109.4 | 0.8315 | 0.6107 | 01/30/2026 |
| 4 | Santa Lucia Asset Management Pte. Ltd. | 1,628,673 | 784,416 | 52,577,470 | 5.034 | 0.5972 | 11/28/2025 |
| 5 | HSBC Global Asset Management (UK) Ltd. | 1,325,172 | 441,756 | 42,779,729.92 | 0.0251 | 0.4859 | 01/31/2026 |
| 6 | Capital Research & Management Co. (World Investors) | 1,293,921 | -7,071 | 41,770,872.7 | 0.0042 | 0.4745 | 12/31/2025 |
| 7 | Trigon Asset Management AS | 1,177,764 | 0 | 38,021,046.2 | 3.6959 | 0.4319 | 06/30/2025 |
| 8 | Eaton Vance Management | 1,015,500 | 1,015,500 | 32,782,775.17 | 0.0898 | 0.3724 | 01/31/2026 |
| 9 | Fiera Capital (UK) Ltd. | 837,812 | 713,557 | 27,046,580.43 | 0.6516 | 0.3072 | 11/30/2025 |
| 10 | Kopernik Global Investors LLC | 811,233 | 25,908 | 26,188,546.58 | 0.4086 | 0.2975 | 01/31/2026 |
| 11 | East Capital Asia Ltd. | 738,777 | 108,239 | 23,849,493.15 | 2.1817 | 0.2709 | 01/30/2026 |
| 12 | Coeli Asset Management AB | 634,835 | 89,116 | 20,493,996.13 | 2.8587 | 0.2328 | 02/27/2026 |
| 13 | Legal & General Investment Management Ltd. | 583,151 | 157,657 | 18,825,512.68 | 0.0067 | 0.2138 | 01/30/2026 |
| 14 | Franklin Templeton Investments (ME) Ltd. | 571,483 | 49,945 | 18,448,841.66 | 4.0151 | 0.2096 | 12/31/2025 |
| 15 | Generali Investments CEE Investicni Spolecnost AS | 558,696 | 253,857 | 18,036,046.63 | 1.3382 | 0.2049 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Pictet - Russian Equities | 1,925,834 | 0 | 62,170,539.67 | 49.0649 | 0.7062 | 09/30/2025 |
| 2 | CIM Investment Fund ICAV - Dividend Income Fund | 1,628,673 | 784,416 | 52,577,470 | 5.4513 | 0.5972 | 11/28/2025 |
| 3 | Schroder ISF - Frontier Markets Equity | 1,526,746 | -32,815 | 49,287,022.02 | 6.0895 | 0.5598 | 01/31/2026 |
| 4 | Redwheel Next Generation Emerging Markets Equity Fund | 1,451,033 | 728,499 | 46,842,824.82 | 2.0167 | 0.5321 | 01/30/2026 |
| 5 | HSBC Global Investment Funds - Frontier Markets | 1,325,172 | 441,756 | 42,779,729.92 | 4.9197 | 0.4859 | 01/31/2026 |
| 6 | American Funds Insurance Series - Global Growth Fund | 1,293,921 | -7,071 | 41,770,872.7 | 0.4689 | 0.4745 | 12/31/2025 |
| 7 | Schroder ISF - Global Emerging Market Opportunities | 1,186,514 | 81,180 | 38,303,517.18 | 1.3144 | 0.4351 | 01/31/2026 |
| 8 | Schroder ISF - Emerging Europe | 1,155,535 | -55,233 | 37,303,440.77 | 2.4059 | 0.4237 | 01/31/2026 |
| 9 | Eaton Vance Emerging & Frontier Countries Equity Fund | 1,015,500 | 1,015,500 | 32,782,775.17 | 1.0712 | 0.3724 | 01/31/2026 |
| 10 | Coeli SICAV I - Frontier Markets | 634,835 | 89,116 | 20,493,996.13 | 6.4361 | 0.2328 | 02/27/2026 |
| 11 | Magna Umbrella Fund Plc - New Frontiers Fund | 621,226 | 496,971 | 20,054,664.98 | 2.4293 | 0.2278 | 11/30/2025 |
| 12 | TRIGON - New Europe Fund | 584,382 | 0 | 18,865,252.31 | 3.5763 | 0.2143 | 06/30/2025 |
| 13 | Trigon New Europe Fund | 584,382 | 0 | 18,865,252.31 | 3.5763 | 0.2143 | 06/30/2025 |
| 14 | L&G ICAV - Frontier Markets Equity Fund | 583,151 | 157,657 | 18,825,512.68 | 3.7201 | 0.2138 | 01/30/2026 |
| 15 | FTIF SICAV - Templeton Frontier Markets Fund | 571,483 | 49,945 | 18,448,841.66 | 5.7269 | 0.2096 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Eaton Vance Management | 1,015,500 | 1,015,500 | 32,782,775.17 | 0.0898 | 0.3724 | 01/31/2026 |
| 2 | RWC Asset Advisors (US) LLC | 1,665,555 | 943,021 | 53,768,109.4 | 0.8315 | 0.6107 | 01/30/2026 |
| 3 | Santa Lucia Asset Management Pte. Ltd. | 1,628,673 | 784,416 | 52,577,470 | 5.034 | 0.5972 | 11/28/2025 |
| 4 | Fiera Capital (UK) Ltd. | 837,812 | 713,557 | 27,046,580.43 | 0.6516 | 0.3072 | 11/30/2025 |
| 5 | M&G Investment Management Ltd. | 536,798 | 536,798 | 17,329,126.68 | 0.0218 | 0.1968 | 11/30/2025 |
| 6 | Goldman Sachs Asset Management LP | 451,163 | 451,163 | 14,564,623.53 | 0.0029 | 0.1654 | 12/31/2025 |
| 7 | HSBC Global Asset Management (UK) Ltd. | 1,325,172 | 441,756 | 42,779,729.92 | 0.0251 | 0.4859 | 01/31/2026 |
| 8 | Generali Investments CEE Investicni Spolecnost AS | 558,696 | 253,857 | 18,036,046.63 | 1.3382 | 0.2049 | 12/31/2025 |
| 9 | BlackRock Investment Management (UK) Ltd. | 535,052 | 175,880 | 17,272,761.61 | 0.0021 | 0.1962 | 02/27/2026 |
| 10 | Legal & General Investment Management Ltd. | 583,151 | 157,657 | 18,825,512.68 | 0.0067 | 0.2138 | 01/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Capital Research & Management Co. (International Investors) | 186,396 | -225,735 | 6,017,309.86 | 0.0009 | 0.0684 | 12/31/2025 |
| 2 | eQ Varainhoito Oy | 0 | -91,811 | 0 | 0 | 0 | |
| 3 | Harding Loevner LP | 92,990 | -85,233 | 3,001,940.19 | 0.0121 | 0.0341 | 10/31/2025 |
| 4 | Capital International Ltd. | 230,562 | -80,019 | 7,443,094.25 | 0.0039 | 0.0845 | 12/31/2025 |
| 5 | JPMorgan Asset Management (UK) Ltd. | 352,136 | -64,495 | 11,367,794.5 | 0.0069 | 0.1291 | 02/28/2026 |
| 6 | SEI Investments Management Corp. | 183,150 | -51,890 | 5,912,521.19 | 0.0053 | 0.0672 | 02/28/2026 |
| 7 | Templeton Asset Management Ltd. | 534,128 | -46,902 | 17,242,932.68 | 0.1009 | 0.1959 | 01/31/2026 |
| 8 | Axxion SA (Luxembourg) | 12,500 | -21,500 | 403,529.98 | 0.0331 | 0.0046 | 01/30/2026 |
| 9 | Parametric Portfolio Associates LLC | 45,901 | -18,900 | 1,481,794.35 | 0.0004 | 0.0168 | 01/31/2026 |
| 10 | North of South Capital LLP | 40,974 | -11,617 | 1,322,738.98 | 0.0271 | 0.015 | 02/27/2026 |
Data provided by FactSet Research Systems Inc.