MADCX Holdings List

No.	Symbol	Name	% Weight	Shares
1	TPE: 2330	Taiwan Semiconductor Manufacturing Company Limited	9.49%	7,947,000
2	TSTXX	BlackRock Liquidity Funds - T-Fund	8.19%	221,349,237
3	HKG: 0700	Tencent Holdings Limited	7.03%	2,989,800
4	TPE: 6669	Wiwynn Corporation	3.38%	1,131,000
5	KRX: 000660	SK hynix Inc.	2.98%	542,375
6	XP	XP Inc.	2.84%	3,964,750
7	BMV: GFNORTEO	Grupo Financiero Banorte, S.A.B. de C.V.	2.82%	8,634,615
8	BUD: OTP	OTP Bank Nyrt.	2.58%	919,701
9	BABAF	Alibaba Group Holding Limited	2.47%	4,595,300
10	WSE: PZU	Powszechny Zaklad Ubezpieczen SA	2.38%	3,931,454
11	IDX: BMRI	PT Bank Mandiri (Persero) Tbk	2.23%	185,115,700
12	KRX: 035420	NAVER Corporation	2.20%	438,130
13	TSX: ELD	Eldorado Gold Corporation	2.16%	2,904,068
14	KRX: 015760	Korea Electric Power Corporation	2.11%	2,588,666
15	NSE: TCS	Tata Consultancy Services Limited	2.03%	1,354,296
16	n/a	MSCI EMER MKT INDEX (ICE) JUN 25	2.02%	949
17	BVMF: LREN3	Lojas Renner S.A.	1.99%	16,969,645
18	SHE: 000333	Midea Group Co., Ltd.	1.64%	4,024,100
19	NSE: RECLTD	REC Limited	1.63%	9,372,316
20	YMM	Full Truck Alliance Co. Ltd.	1.61%	3,750,544
21	SHA: 600031	Sany Heavy Industry Co.,Ltd	1.49%	15,418,151
22	SHA: 600036	China Merchants Bank Co., Ltd.	1.42%	6,342,827
23	HKG: 0388	Hong Kong Exchanges and Clearing Limited	1.40%	748,900
24	HKG: 3690	Meituan	1.36%	2,094,600
25	NSE: AXISBANK	Axis Bank Limited	1.36%	2,628,270

As of May 31, 2025

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Asset Allocation

Asset Class	% Weight
Stocks	102.46%
Cash	-2.46%