|Name||Ticker||Shares||Market Value||% of Market Value||% of Net Assets|
|VISA INC-CLASS A SHARES||V||2,625||$466,908.75||4.58%||4.58%|
|MASTERCARD INC - A||MA||1,665||$463,319.55||4.55%||4.54%|
|SAP SE||SAP GR||3,300||$425,345.33||4.17%||4.17%|
|NESTLE SA-REG||NESN SW||3,945||$419,665.70||4.12%||4.11%|
|BP PLC||BP/ LN||67,320||$419,101.44||4.11%||4.11%|
|PAYPAL HOLDINGS INC||PYPL||3,930||$405,143.70||3.98%||3.97%|
|CISCO SYSTEMS INC||CSCO||8,115||$379,700.85||3.73%||3.72%|
|ACCENTURE PLC-CL A||ACN||1,890||$352,617.30||3.46%||3.46%|
|AMERICAN EXPRESS CO||AXP||2,970||$348,707.70||3.42%||3.42%|
|VMWARE INC-CLASS A||VMW||1,890||$288,017.10||2.83%||2.82%|
|AXA SA||CS FP||9,360||$245,755.08||2.41%||2.41%|
|BNP PARIBAS||BNP FP||4,605||$240,442.74||2.36%||2.36%|
|CME GROUP INC||CME||1,110||$235,331.10||2.31%||2.31%|
|INFOSYS LTD-SP ADR||INFY||15,675||$166,155.00||1.63%||1.63%|
|MICRON TECHNOLOGY INC||MU||3,510||$158,511.60||1.56%||1.55%|
|SQUARE INC - A||SQ||2,085||$131,355.00||1.29%||1.29%|
|HON HAI||2317 TT||50,000||$122,175.70||1.2%||1.2%|
|ADVANCED MICRO DEVICES||AMD||3,480||$107,218.80||1.05%||1.05%|
|IHS MARKIT LTD||INFO||1,230||$85,202.10||0.84%||0.84%|
|CAPGEMINI SE||CAP FP||660||$80,043.98||0.79%||0.78%|
|SK TELECOM||017670 KS||345||$68,840.24||0.68%||0.67%|
|SAMSUNG SDS CO LTD||018260 KS||390||$63,864.45||0.63%||0.63%|
|RAKUTEN INC||4755 JP||6,000||$55,740.87||0.55%||0.55%|
|WIRECARD AG||WDI GR||360||$48,732.51||0.48%||0.48%|
|JP MORGAN US GOVT MMKT||IJGXX||40,579.6||$40,579.60||0.4%||0.4%|
|KAKAO CORP||035720 KS||270||$30,006.31||0.29%||0.29%|
|SBI HOLDINGS INC||8473 JP||900||$18,839.42||0.19%||0.19%|
|TMX GROUP LTD||X CN||165||$14,638.34||0.14%||0.14%|
|GMO INTERNET INC||9449 JP||400||$6,421.32||0.06%||0.06%|
|H I S CO LTD||9603 JP||200||$4,989.66||0.05%||0.05%|
|MONEX GROUP INC||8698 JP||1,500||$3,666.44||0.04%||0.04%|
Fund holdings and sector allocations are subject to change and are not a recommendation to buy or sell any security.
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting innovationshares.com. Investors should read it carefully before investing or sending money.
Investing involves risk, including possible loss of principal. International investments may also involve risk from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, and from economic or political instability. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments and investments in smaller companies typically exhibit higher volatility. There is no guarantee the fund will achieve its stated objective.
There is no assurance that stocks selected according to the natural language processing algorithm will outperform stocks of other companies. There is no guarantee that the Methodology will generate or produce the intended results.
Currently, there are few public companies for which Blockchain technology represents an attributable and significant revenue stream, and companies eligible for inclusion in the index may have minimal ties to blockchain. In addition: cryptographic keys necessary to transact on a blockchain may be subject to theft, loss, or destruction; competing platforms and technologies may be developed that consumers use instead of blockchain; that companies that use blockchain technology may be subject to cybersecurity risk, and that such companies may not be able to develop applications or may not be able to capitalize on them; that there may be a lack of liquid markets and possible manipulation of blockchain-based assets; that there may be risks posed by the lack of regulation in this space; that blockchain systems built using third party products may be subject to technical defects or vulnerabilities beyond a company's control; and that blockchain is a new and untested technology which may never be implemented on a scale that provides identifiable benefits.
Shares are bought and sold at market price not net asset value (NAV) and are not individually redeemed from the Fund. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated and do not represent the returns an investor would receive if shares were traded at other times. Brokerage commissions will reduce returns.
Exchange Traded Concepts, LLC serves as the investment advisor, and Penserra Capital Management LLC serves as the sub-advisor to the fund. The Funds are distributed by SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456), which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.