| Stock | 99.71% |
| Cash | 0.03% |
| Other* | 0.26% |
*May include dividends booked but not yet received.
Holdings Detail as of 5/16/2013 (Holdings subject to change)
| Symbol | Name |
% Net Assets |
Market Value ($) |
ISIN | Market | Sector |
Exchange Rate |
|---|---|---|---|---|---|---|---|
| NOVOB | NOVO NORDISK A/S-B | 21.48 | $780,093 | DK0060102614 | XCSE | Health Care | 5.77 |
| DANSKE | DANSKE BANK A/S | 6.55 | $238,066 | DK0010274414 | XCSE | Financials | 5.77 |
| CARLB | CARLSBERG AS-B | 5.95 | $216,288 | DK0010181759 | XCSE | Consumer Staples | 5.77 |
| MAERSKB | AP MOELLER-MAERSK A/S-B | 5.12 | $185,837 | DK0010244508 | XCSE | Industrials | 5.77 |
| COLOB | COLOPLAST-B | 4.58 | $166,247 | DK0060448595 | XCSE | Health Care | 5.77 |
| NZYMB | NOVOZYMES A/S-B SHARES | 4.39 | $159,590 | DK0060336014 | XCSE | Materials | 5.77 |
| DSV | DSV A/S | 3.61 | $131,263 | DK0060079531 | XCSE | Industrials | 5.77 |
| TDC | TDC A/S | 3.47 | $126,081 | DK0060228559 | XCSE | Telecom Services | 5.77 |
| GN | GN STORE NORD A/S | 3.31 | $120,370 | DK0010272632 | XCSE | Health Care | 5.77 |
| TOP | TOPDANMARK A/S | 2.65 | $96,258 | DK0060477503 | XCSE | Financials | 5.77 |
| CHR | CHR HANSEN HOLDING A/S | 2.64 | $96,026 | DK0060227585 | XCSE | Materials | 5.77 |
| PNDORA | PANDORA A/S | 2.57 | $93,528 | DK0060252690 | XCSE | Consumer Discretionary | 5.77 |
| VWS | VESTAS WIND SYSTEMS A/S | 2.52 | $91,384 | DK0010268606 | XCSE | Industrials | 5.77 |
| GEN | GENMAB A/S | 2.33 | $84,544 | DK0010272202 | XCSE | Health Care | 5.77 |
| JYSK | JYSKE BANK-REG | 2.27 | $82,384 | DK0010307958 | XCSE | Financials | 5.77 |
| FLS | FLSMIDTH & CO A/S | 2.25 | $81,860 | DK0010234467 | XCSE | Industrials | 5.77 |
| MAERSKA | AP MOELLER-MAERSK A/S-A | 2.24 | $81,486 | DK0010244425 | XCSE | Industrials | 5.77 |
| TRYG | TRYG A/S | 2.19 | $79,533 | DK0060013274 | XCSE | Financials | 5.77 |
| SIM | SIMCORP A/S | 1.81 | $65,667 | DK0016026164 | XCSE | Information Technology | 5.77 |
| WDH | WILLIAM DEMANT HOLDING | 1.69 | $61,330 | DK0010268440 | XCSE | Health Care | 5.77 |
| SYDB | SYDBANK A/S | 1.58 | $57,321 | DK0010311471 | XCSE | Financials | 5.77 |
| ROCKB | ROCKWOOL INTL A/S-B SHS | 1.51 | $54,908 | DK0010219153 | XCSE | Industrials | 5.77 |
| RBREW | ROYAL UNIBREW A/S | 1.38 | $49,965 | DK0010242999 | XCSE | Consumer Staples | 5.77 |
| DNORD | D/S NORDEN | 1.22 | $44,206 | DK0060083210 | XCSE | Industrials | 5.77 |
| ALMB | ALM BRAND A/S | 1.20 | $43,530 | DK0015250344 | XCSE | Financials | 5.77 |
| NKT | NKT HOLDING A/S | 1.20 | $43,435 | DK0010287663 | XCSE | Industrials | 5.77 |
| AURIB | AURIGA INDUSTRIES-B | 1.14 | $41,245 | DK0010233816 | XCSE | Materials | 5.77 |
| SCHO | SCHOUW & CO | 1.01 | $36,750 | DK0010253921 | XCSE | Industrials | 5.77 |
| ALKB | ALK-ABELLO A/S | 0.86 | $31,243 | DK0060027142 | XCSE | Health Care | 5.77 |
| BAVA | BAVARIAN NORDIC A/S | 0.84 | $30,424 | DK0015998017 | XCSE | Health Care | 5.77 |
| UIE | UNITED INTL ENTERPRISES | 0.83 | $30,199 | BSP951331318 | XCSE | Consumer Staples | 5.77 |
| IC | IC COMPANYS A/S | 0.82 | $29,946 | DK0010221803 | XCSE | Consumer Discretionary | 5.77 |
| DFDS | DFDS A/S | 0.73 | $26,524 | DK0010259027 | XCSE | Industrials | 5.77 |
| SOLARB | SOLAR A/S-B SHS | 0.64 | $23,347 | DK0010274844 | XCSE | Industrials | 5.77 |
| BO | BANG & OLUFSEN A/S | 0.59 | $21,305 | DK0010218429 | XCSE | Consumer Discretionary | 5.77 |
| EAC | EAST ASIATIC CO LTD | 0.54 | $19,465 | DK0010006329 | XCSE | Consumer Staples | 5.77 |
| -- | BLACKROCK FDS III | 0.03 | $944 | -- | S-T Securities | 1.00 |
