FNARX Holdings List

As of Apr 30, 2025

No.	Symbol	Name	% Weight	Shares
1	XOM	Exxon Mobil Corporation	19.82%	1,023,859
2	TSX: IMO	Imperial Oil Limited	9.64%	779,600
3	SHEL	Shell plc	9.61%	813,200
4	VLO	Valero Energy Corporation	5.29%	248,400
5	TSX: AEM	Agnico Eagle Mines Limited	4.54%	210,800
6	TSX: MEG	MEG Energy Corp.	4.43%	1,722,739
7	TSX: WPM	Wheaton Precious Metals Corp.	3.35%	218,550
8	TSX: ATH	Athabasca Oil Corporation	3.34%	5,535,566
9	EXE	Expand Energy Corporation	2.93%	154,083
10	TSX: SOBO	South Bow Corporation	2.88%	636,033
11	TSX: FM	First Quantum Minerals Ltd.	2.80%	1,135,700
12	TSX: CVE	Cenovus Energy Inc.	2.62%	1,216,300
13	ATR	AptarGroup, Inc.	2.51%	91,300
14	MER.NE	Meren Energy Inc	2.14%	8,949,900
15	TSX: FNV	Franco-Nevada Corporation	2.00%	63,600
16	IP	International Paper Company	1.93%	230,900
17	TSX: AGI	Alamos Gold Inc.	1.90%	363,700
18	COP	ConocoPhillips	1.82%	111,400
19	MPC	Marathon Petroleum Corporation	1.73%	68,500
20	TECK	Teck Resources Limited	1.68%	269,000
21	LNG	Cheniere Energy, Inc.	1.56%	36,900
22	MLM	Martin Marietta Materials, Inc.	1.39%	14,500
23	ELI: GALP	Galp Energia, SGPS, S.A.	1.17%	412,700
24	ASX: STO	Santos Limited	1.12%	1,595,749
25	TSX: IVN	Ivanhoe Mines Ltd.	1.05%	645,700
26	TRGP	Targa Resources Corp.	0.95%	30,300
27	CCK	Crown Holdings, Inc.	0.91%	51,300
28	AVY	Avery Dennison Corporation	0.84%	26,700
29	MOS	The Mosaic Company	0.81%	144,700
30	TSX: ALS	Altius Minerals Corporation	0.68%	190,100
31	HL	Hecla Mining Company	0.65%	621,900
32	OSL: TGS	TGS ASA	0.60%	441,222
33	TSX: OLA	Orla Mining Ltd.	0.52%	257,500
34	WFRD	Weatherford International plc	0.37%	49,200
35	TSXV: MTA	Metalla Royalty & Streaming Ltd.	0.29%	520,900
36	SOC	Sable Offshore Corp.	0.27%	78,700
37	n/a	Cash	-0.05%	n/a
38	n/a	Eur Spot Cc	-0.10%	491,569

As of Apr 30, 2025

Asset Allocation

Asset Class	% Weight
Stocks	99.17%
Cash	0.83%

Sector Breakdown

Sector	% Weight
Energy	78.28%
Materials	17.63%
Other	4.09%

Country Breakdown

Sector	% Weight
United States	62.16%
Canada	29.51%
Switzerland	4.57%
United Kingdom	1.37%
Australia	1.22%
Netherlands	1.08%
Other	0.09%