GSIEX Holdings List

As of Apr 30, 2025

No.	Symbol	Name	% Weight	Shares
1	AD	Koninklijke Ahold Delhaize NV	4.52%	1,084,550
2	ZURN	Zurich Insurance Group AG	3.92%	54,470
3	8316	Sumitomo Mitsui Financial Group Inc	3.70%	1,527,200
4	BNP	BNP Paribas SA	3.50%	406,982
5	NG	NovaGold Resources Inc.	3.50%	2,387,865
6	REL	RELX PLC	3.32%	599,466
7	CLNX	Cellnex Telecom SA	3.31%	805,632
8	NESN	Nestle SA	3.13%	289,827
9	AZN	AstraZeneca PLC	3.09%	212,747
10	IBE	Iberdrola SA	3.04%	1,659,843
11	SPOT	Spotify Technology S.A.	3.01%	48,214
12	8001	ITOCHU Corp	2.99%	576,600
13	6758	Sony Group Corp	2.98%	1,113,800
14	4502	Takeda Pharmaceutical Co Ltd	2.91%	947,373
15	1299	AIA Group Ltd	2.89%	3,799,800
16	SU	Suncor Energy Inc.	2.79%	117,717
17	CAP	Capgemini SE	2.68%	165,342
18	8591	ORIX Corp	2.66%	1,305,100
19	DG	Dollar General Corporation	2.63%	184,546
20	FERG	Ferguson Enterprises Inc.	2.58%	149,722
21	7741	Hoya Corp	2.55%	213,300
22	CPG	Compass Group PLC	2.42%	707,960
23	AHT	Ashford Hospitality Trust, Inc.	2.40%	441,301
24	IFX	Infineon Technologies AG	2.40%	712,653
25	NWG	NatWest Group plc	2.21%	3,377,764
26	LONN	Lonza Group AG	2.16%	29,618
27	SAP	SAP SE	2.09%	70,481
28	SIE	Siemens AG	2.02%	86,483
29	TSM	Taiwan Semiconductor Manufacturing Company Limited	1.94%	114,654
30	BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	1.89%	1,353,677
31	6861	Keyence Corp	1.85%	43,500
32	DSFIR	DSM-Firmenich AG	1.84%	167,179
33	MONC	Moncler SpA	1.84%	293,271
34	RTO	Rentokil Initial plc	1.71%	3,672,205
35	NOVOB	Novo Nordisk A/S	1.58%	233,387
36	4307	Nomura Research Institute Ltd	1.48%	386,100
37	FGTXX	Goldman Sachs Financial Square Government Fund	1.48%	14,544,378
38	ASML	ASML Holding N.V.	1.38%	20,305
39	EXPN	Experian PLC	1.03%	203,755

As of Apr 30, 2025

Asset Allocation

Asset Class	% Weight
Stocks	97.55%
Cash	2.45%