#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ALIBABA GROUP HLDG LTD	BBAAY	424,818	$62,269	13.15%
2	GRUPO FINANCIERO GALICIA S.A	GGAL	876,885	$47,035	9.93%
3	BANCO MACRO SA	05961W105	456,718	$40,981	8.65%
4	BAIDU INC	BAIDF	258,923	$33,727	7.12%
5	PAMPA ENERGIA S A	697660207	323,322	$28,555	6.03%
6	ELDORADO GOLD CORP NEW	284902509	751,327	$26,916	5.68%
7	EQUINOX GOLD CORP	EQX	1,719,905	$24,061	5.08%
8	KASPI KZ JSC	48581R205	286,939	$22,400	4.73%
9	DBX ETF TR	233051879	621,592	$20,419	4.31%
10	MERCADOLIBRE INC	MELI	10,109	$20,217	4.27%
11	ASE TECHNOLOGY HLDG CO LTD	ASX	1,236,070	$19,843	4.19%
12	BANCO SANTANDER CHILE NEW	BSAC	550,315	$16,999	3.59%
13	BANCO DE CHILE	059520106	424,899	$16,093	3.40%
14	XPENG INC	XPNGF	685,959	$13,911	2.94%
15	B2GOLD CORP	BTG	3,044,764	$13,708	2.89%
16	ARIS MNG CORP	04040Y109	792,653	$12,864	2.72%
17	TRANSPORTADORA DE GAS SUR	893870204	387,255	$12,011	2.54%
18	ICICI BANK LIMITED	IBN	279,407	$8,326	1.76%
19	TAIWAN SEMICONDUCTOR MFG LTD	874039100	25,479	$7,586	1.60%
20	SEA LTD	SE	43,845	$5,593	1.18%