MCDFX Holdings List

As of Mar 31, 2025

No.	Symbol	Name	% Weight	Shares
1	700	Tencent Holdings Ltd	10.91%	160,500
2	9988	Alibaba Group Holding Ltd	9.59%	544,500
3	2318	Ping An Insurance Group Co of China Ltd	4.53%	713,500
4	3968	China Merchants Bank Co Ltd	3.53%	559,500
5	939	China Construction Bank Corp	3.26%	3,456,000
6	995	Anhui Expressway Co Ltd	3.07%	2,050,000
7	956	China Suntien Green Energy Corp Ltd	2.86%	5,490,000
8	2367	Giant Biogene Holding Co ltd	2.66%	275,200
9	002594	BYD Co Ltd	2.61%	47,300
10	YUMC	Yum China Holdings, Inc.	2.50%	45,131
11	257	CHINA EB INT'L - China Everbright Environment Group Ltd	2.50%	5,302,000
12	600176	China Jushi Co Ltd	2.41%	1,273,907
13	9618	JD.com Inc	2.23%	101,900
14	168	Tsingtao Brewery Co Ltd	2.22%	290,000
15	857	PetroChina Co Ltd	2.10%	2,436,000
16	2588	BOC Aviation Ltd	2.08%	250,500
17	1789	AK Medical Holdings Ltd	2.05%	2,526,000
18	1299	AIA Group Ltd	1.99%	247,400
19	690D	Haier Smart Home Co Ltd	1.98%	923,761
20	288	WH Group Ltd	1.97%	2,013,500
21	900926	Shanghai Baosight Software Co Ltd	1.94%	1,023,529
22	3690	Meituan	1.91%	89,100
23	6186	China Feihe Ltd	1.88%	2,337,000
24	603833	Oppein Home Group Inc	1.80%	196,400
25	858	Wuliangye Yibin Co Ltd	1.70%	88,200
26	9961	Trip.com Group Ltd	1.60%	23,650
27	YMM	Full Truck Alliance Co. Ltd.	1.59%	116,928
28	8069	E Ink Holdings Inc	1.42%	164,000
29	BZ	Kanzhun Limited	1.36%	66,858
30	3393	Wasion Holdings Ltd	1.34%	1,192,000
31	1318	Mao Geping Cosmetics Co LTD	1.22%	89,500
32	601100	JSHL - Jiangsu Hengli Hydraulic Co Ltd	1.12%	95,700
33	1776	GF Securities Co Ltd	1.10%	766,000
34	1836	STELLA HOLDINGS - Stella International Holdings Ltd	1.02%	430,500
35	600887	Inner Mongolia Yili Industrial Group Co Ltd	1.01%	246,000
36	1093	CSPC Pharmaceutical Group Ltd	0.98%	1,454,000
37	3900	Greentown China Holdings Ltd	0.92%	612,500
38	688169	Beijing Roborock Technology Co Ltd	0.91%	25,623
39	3998	Bosideng International Holdings Ltd	0.87%	1,600,000
40	1686	SUNeVision Holdings Ltd	0.84%	884,000
41	2273	Gushengtang Holdings Ltd	0.44%	98,900

As of Mar 31, 2025

Asset Allocation

Asset Class	% Weight
Stocks	93.91%
Cash	6.09%

Sector Breakdown

Sector	% Weight
Other	36.66%
Consumer Discretionary	16.78%
Communication Services	13.13%
Industrials	7.98%
Financials	7.46%
Health Care	5.94%
Materials	5.65%
Consumer Staples	4.45%
Information Technology	1.91%
Real Estate	0.04%

Country Breakdown

Sector	% Weight
China	80.04%
Hong Kong	14.71%
Cayman Islands	3.23%
Other	2.02%