Guinness Atkinson Renminbi Yuan & Bond Fund

Class No Load (GARBX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 22.63 22.63
Stocks 0.0 0.0
Bonds 4.86 4.86
Other 0.0 0.0
Foreign Bonds 72.51 72.51
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

% Net Assets
Air Liquide Fin 3% 6.08
New W China Land 5.5% 5.24
Cgnpc 3.75% 3.8
Icici Bk Ltd (Si 4.9% 3.51
Hsbc Bk 2.875% 3.47
Boc Aviation Pte 4.5% 3.47
Global Logistic Pr 3.375% 3.19
Caterpillar Finl S 3.25% 3.13
Volkswagen Intl 2.15% 3.05
Rabobank Nederland 3.25% 2.62