MCDFX Holdings List

As of Dec 31, 2024

No.	Symbol	Name	% Weight	Shares
1	700	Tencent Holdings Ltd	10.39%	172,500
2	9988	Alibaba Group Holding Ltd	6.61%	553,600
3	2318	Ping An Insurance Group Co of China Ltd	4.73%	713,500
4	3606	Fuyao Glass Industry Group Co Ltd	3.53%	435,200
5	939	China Construction Bank Corp	3.23%	3,456,000
6	3968	China Merchants Bank Co Ltd	3.22%	559,500
7	995	Anhui Expressway Co Ltd	3.19%	2,050,000
8	257	CHINA EB INT'L - China Everbright Environment Group Ltd	2.97%	5,302,000
9	956	China Suntien Green Energy Corp Ltd	2.93%	5,490,000
10	3690	Meituan	2.80%	127,400
11	9961	Trip.com Group Ltd	2.70%	34,700
12	YUMC	Yum China Holdings, Inc.	2.45%	45,131
13	168	Tsingtao Brewery Co Ltd	2.38%	290,000
14	600176	China Jushi Co Ltd	2.23%	1,273,907
15	2588	BOC Aviation Ltd	2.19%	250,500
16	857	PetroChina Co Ltd	2.15%	2,436,000
17	603833	Oppein Home Group Inc	2.08%	196,400
18	690D	Haier Smart Home Co Ltd	2.08%	1,001,769
19	002594	BYD Co Ltd	2.05%	47,300
20	YZJSGD	Yangzijiang Shipbuilding Holdings Ltd	2.05%	832,200
21	1299	AIA Group Ltd	2.01%	247,400
22	9618	JD.com Inc	2.00%	101,900
23	2367	Giant Biogene Holding Co ltd	1.98%	275,200
24	858	Wuliangye Yibin Co Ltd	1.90%	88,200
25	6186	China Feihe Ltd	1.84%	2,337,000
26	1789	AK Medical Holdings Ltd	1.77%	2,526,000
27	288	WH Group Ltd	1.75%	2,013,500
28	1836	STELLA HOLDINGS - Stella International Holdings Ltd	1.69%	714,000
29	9901	New Oriental Education & Technology Group Inc	1.67%	232,400
30	8069	E Ink Holdings Inc	1.54%	164,000
31	YMM	Full Truck Alliance Co. Ltd.	1.43%	116,928
32	1686	SUNeVision Holdings Ltd	1.29%	2,089,000
33	3393	Wasion Holdings Ltd	1.23%	1,192,000
34	603606	Ningbo Orient Wires & Cables Co Ltd	1.21%	150,000
35	1776	GF Securities Co Ltd	1.16%	766,000
36	600066	Yutong Bus Co Ltd	1.15%	284,000
37	600887	Inner Mongolia Yili Industrial Group Co Ltd	1.14%	246,000
38	BZ	Kanzhun Limited	1.04%	66,858
39	1093	CSPC Pharmaceutical Group Ltd	1.00%	1,454,000
40	2273	Gushengtang Holdings Ltd	0.91%	185,200
41	3998	Bosideng International Holdings Ltd	0.89%	1,600,000
42	688169	Beijing Roborock Technology Co Ltd	0.86%	25,623
43	2602	Onewo Inc	0.73%	246,030
44	BEKE	KE Holdings Inc.	0.48%	22,946

As of Dec 31, 2024

Asset Allocation

Asset Class	% Weight
Stocks	98.87%
Cash	1.13%

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%