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Portfolio 12.31.2015 Alpha Sort

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Portfolio 12.31.2015 Alpha Sort SA Funds - Investment Trust: SA Emerging Markets Value Fund Fund Holdings as of 12/31/2015 Alphabetical Sort # Asset Name Market Value % of Portfolio 1 A DATA TECHNOLOGY CO LTD 20,276 0.01% 2 ABILITY ENTERPRISE CO LTD 17,949 0.01% 3 ACBEL POLYTECH INC 32,560 0.02% 4 ACC LTD 136,249 0.09% 5 ACER INC 122,626 0.08% 6 ADANI ENTERPRISES LTD 60,734 0.04% 7 ADANI PORTS AND SPECIAL ECON 267,323 0.18% 8 ADANI POWER LTD 107,848 0.07% 9 ADANI TRANSMISSIONS LTD 26,791 0.02% 10 ADARO ENERGY TBK PT 132,570 0.09% 11 ADITYA BIRLA NUVO LTD 359,596 0.24% 12 AECI LTD 78,209 0.05% 13 AFFIN HOLDINGS BERHAD 53,068 0.04% 14 AFRICAN BANK INVESTMENTS LTD 273 0.00% 15 AFRICAN RAINBOW MINERALS LTD 47,569 0.03% 16 AGILE PROPERTY HOLDINGS LTD 126,584 0.09% 17 AGRICULTURAL BANK OF CHINA H 688,397 0.47% 18 AGUNG PODOMORO LAND TBK PT 30,599 0.02% 19 AIRASIA BHD 92,510 0.06% 20 AKBANK T.A.S. 476,372 0.32% 21 AKSA AKRILIK KIMYA SANAYII 33,130 0.02% 22 ALAM SUTERA REALTY TBK PT 64,539 0.04% 23 ALFA S.A.B. A 516,953 0.35% 24 ALIANSCE SHOPPING CENTERS SA 37,288 0.03% 25 ALLAHABAD BANK 1,926 0.00% 26 ALLIANCE FINANCIAL GROUP BHD 105,386 0.07% 27 ALLIANCE GLOBAL GROUP INC 163,925 0.11% 28 ALMACENES EXITO SA 42,803 0.03% 29 ALPARGATAS SA PREF 9,718 0.01% 30 ALPEK SA DE CV 86,396 0.06% 31 ALPHA BANK AE 2,508 0.00% 32 ALPHA NETWORKS INC 13,119 0.01% 33 ALTEK CORP 19,504 0.01% 34 AMBASSADOR HOTEL/THE 16,836 0.01% 35 AMBUJA CEMENTS LTD 261,984 0.18% 36 AMMB HOLDINGS BHD 322,842 0.22% 37 AMTRAN TECHNOLOGY CO LTD 47,643 0.03% 38 ANADOLU EFES BIRACILIK VE 55,438 0.04% 39 ANEKA TAMBANG PERSERO TBK PT 55,493 0.04% 40 ANGANG STEEL CO LTD H 46,998 0.03% 41 ANGLO AMERICAN PLATINUM LTD 83,112 0.06% 42 ANGLOGOLD ASHANTI LTD 53,127 0.04% 43 ANGLOGOLD ASHANTI SPON ADR 501,466 0.34% 44 AP THAILAND PCL FOREIGN 45,866 0.03% 45 APOLLO TYRES LTD 147,315 0.10% 46 ARCELORMITTAL SOUTH AFRICA 6,976 0.00% 47 ARCELORMITTAL SOUTH AFRICA LTD 25 0.00% 48 ARDENTEC CORP 43,919 0.03% # Asset Name Market Value % of Portfolio 49 ARVIND INFRASTRUCTURE LTD 4,604 0.00% 50 ARVIND LTD 194,509 0.13% 51 ASHOKA BUILDCON LTD 14,736 0.01% 52 ASIA AVIATION PCL NVDR 43,754 0.03% 53 ASIA CEMENT CORP 220,445 0.15% 54 ASIA OPTICAL CO INC 36,385 0.02% 55 ASIA POLYMER 13,786 0.01% 56 ASIANA AIRLINES 49,311 0.03% 57 ASSECO POLAND SA 170,690 0.12% 58 ASTRA INTERNATIONAL TBK PT 90,533 0.06% 59 ASUSTEK COMPUTER INC 952,294 0.64% 60 AU OPTRONICS CORP 257,121 0.17% 61 AU OPTRONICS CORP SPON ADR 214,100 0.14% 62 AVENG LTD 6,293 0.00% 63 AVIANCA HOLDINGS SA 15,772 0.01% 64 AXIS BANK LTD 1,010,724 0.68% 65 AXTEL SAB DE CV CPO 13,882 0.01% 66 BAJAJ FINSERV LTD 211,802 0.14% 67 BAJAJ HOLDINGS AND INVESTMEN 157,102 0.11% 68 BALKRISHNA INDUSTRIES LTD 39,892 0.03% 69 BANCO BRADESCO S.A. 70,471 0.05% 70 BANCO BRADESCO SA 330 0.00% 71 BANCO BRADESCO SA PREF 93,860 0.06% 72 BANCO DO BRASIL S.A. 474,545 0.32% 73 BANCO ESTADO RIO GRAN PREF B 33,771 0.02% 74 BANCO SANTANDER BRASIL UNIT 123,629 0.08% 75 BANGCHAK PETROLEUM PUB FOR 51,924 0.04% 76 BANGKOK BANK PUBLIC CO NVDR 259,782 0.18% 77 BANGKOK EXPRESSWAY AND METRO 41,343 0.03% 78 BANGKOK INSURANCE PUB FORGN 20,950 0.01% 79 BANGKOK LAND PUB CO LTD FRGN 59,785 0.04% 80 BANK BUKOPIN TBK PT 21,749 0.01% 81 BANK DANAMON INDONESIA TBK 87,927 0.06% 82 BANK MANDIRI PERSERO TBK PT 749,394 0.51% 83 BANK MILLENNIUM SA 45,822 0.03% 84 BANK NEGARA INDONESIA PERSER 372,039 0.25% 85 BANK OF BARODA 114,729 0.08% 86 BANK OF CHINA LTD H 2,068,353 1.40% 87 BANK OF CHONGQING CO LTD H 42,000 0.03% 88 BANK OF COMMUNICATIONS CO H 312,380 0.21% 89 BANK OF INDIA 38,331 0.03% 90 BANK OF THE PHILIPPINE ISLAN 35,906 0.02% 91 BANK PAN INDONESIA TBK PT 57,546 0.04% 92 BANK TABUNGAN NEGARA PERSERO 90,917 0.06% 93 BANPU PUBLIC CO LTD FOR REG 86,125 0.06% 94 BARCLAYS AFRICA GROUP LTD 451,300 0.30% 95 BARLOWORLD LTD 158,926 0.11% 96 BATU KAWAN BHD 76,627 0.05% 97 BDO UNIBANK INC 325,677 0.22% 98 BEIJING ENTERPRISES HLDGS 15,161 0.01% 99 BERJAYA CORP BHD 38,649 0.03% 100 BERJAYA LAND BHD 37,592 0.03% 101 BES ENGINEERING CORP 49,918 0.03% 102 BHARAT ELECTRONICS LTD 61,405 0.04% 103 BHARAT HEAVY ELECTRICALS 403,259 0.27% 104 BHARTI AIRTEL LTD 807,322 0.55% 105 BIDVEST GROUP LTD 106,559 0.07% 106 BIOCON LTD 61,070 0.04% # Asset Name Market Value % of Portfolio 107 BLUE LABEL TELECOMS LTD 2,509 0.00% 108 BM&FBOVESPA SA 683,007 0.46% 109 BNK FINANCIAL GROUP INC 158,196 0.11% 110 BNK FINANCIAL GROUP INC 3,702 0.00% 111 BOUSTEAD HOLDINGS BHD 58,272 0.04% 112 BOUSTEAD PLANTATIONS BHD 4,026 0.00% 113 BPD JAWA BARAT DAN BANTEN TB 35,584 0.02% 114 BPD JAWA TIMUR TBK PT 12,776 0.01% 115 BRASKEM SA SPON ADR 156,658 0.11% 116 BRAZILIAN REAL 50,685 0.03% 117 BUMI ARMADA BERHAD 116,812 0.08% 118 BUMI SERPONG DAMAI PT 105,193 0.07% 119 BYD ELECTRONIC INTL CO LTD 25,497 0.02% 120 CAHYA MATA SARAWAK BHD 26,884 0.02% 121 CAIRN INDIA LTD 170,619 0.12% 122 CANARA BANK 81,931 0.06% 123 CAP SA 15,396 0.01% 124 CAPITAL SECURITIES CORP 72,306 0.05% 125 CAREER TECHNOLOGY CO LTD 29,327 0.02% 126 CATHAY FINANCIAL HOLDING CO 174,786 0.12% 127 CATHAY REAL ESTATE DEVELOPME 40,795 0.03% 128 CAXTON AND CTP PUBLISHERS AN 20,256 0.01% 129 CEAT LTD 56,335 0.04% 130 CEBU AIR INC 41,232 0.03% 131 CEMENTOS ARGOS SA 31,149 0.02% 132 CEMEX SAB CPO 365,835 0.25% 133 CEMEX SAB SPONS ADR PART CER 289,807 0.20% 134 CENCOSUD SA 74,235 0.05% 135 CENCOSUD SA ADR 173,349 0.12% 136 CENTRAL BANK OF INDIA 6,788 0.00% 137 CENTURY TEXTILES & INDS LTD 36,744 0.02% 138 CEZ AS 328,805 0.22% 139 CHANG HWA COMMERCIAL BANK 256,494 0.17% 140 CHAODA MODERN AGRICULTURE 1,987 0.00% 141 CHAROEN POKPHAND FOOD FORGN 214,072 0.14% 142 CHENG LOONG CORP 39,392 0.03% 143 CHENG UEI PRECISION INDUSTRY 86,635 0.06% 144 CHIA HSIN CEMENT 6,376 0.00% 145 CHILEAN PESO 5,484 0.00% 146 CHIN POON INDUSTRIAL CO LTD 88,577 0.06% 147 CHINA AEROSPACE INTL HLDG 43,084 0.03% 148 CHINA AGRI INDUSTRIES HLDGS 57,559 0.04% 149 CHINA AIRLINES LTD 154,210 0.10% 150 CHINA BANKING CORP 6,957 0.00% 151 CHINA BILLS FINANCE CORP 38,344 0.03% 152 CHINA BLUECHEMICAL LTD H 52,273 0.04% 153 CHINA CITIC BANK CORP LTD H 290,834 0.20% 154 CHINA COAL ENERGY CO H 83,261 0.06% 155 CHINA COMMUNICATIONS CONST H 169,426 0.11% 156 CHINA COMMUNICATIONS SERVI H 114,388 0.08% 157 CHINA CONSTRUCTION BANK H 4,460,241 3.01% 158 CHINA DEVELOPMENT FINANCIAL 298,529 0.20% 159 CHINA EVERBRIGHT BANK CO L H 56,578 0.04% 160 CHINA EVERBRIGHT LTD 96,681 0.07% 161 CHINA GALAXY SECURITIES CO H 37,155 0.03% 162 CHINA HIGH SPEED TRANSMISSIO 63,607 0.04% 163 CHINA HONGQIAO GROUP LTD 96,661 0.07% 164 CHINA JINMAO HOLDINGS GROUP 129,935 0.09% # Asset Name Market Value % of Portfolio 165 CHINA LIFE INSURANCE CO LTD 395,081 0.27% 166 CHINA LUMENA NEW MATERIALS 0 0.00% 167 CHINA MERCHANTS BANK H 369,943 0.25% 168 CHINA MERCHANTS HLDGS INTL 121,987 0.08% 169 CHINA MINSHENG BANKING H 230,899 0.16% 170 CHINA MOTOR CORP 47,034 0.03% 171 CHINA NATIONAL BUILDING MA H 189,627 0.13% 172 CHINA NATIONAL MATERIALS H 23,107 0.02% 173 CHINA OVERSEAS GRAND OCEANS 32,787 0.02% 174 CHINA PETROLEUM & CHEM ADR 660,800 0.45% 175 CHINA PETROLEUM & CHEMICAL H 278,614 0.19% 176 CHINA RESOURCES BEER HOLDIN 172,832 0.12% 177 CHINA RESOURCES CEMENT 51,192 0.03% 178 CHINA SHANSHUI CEMENT GROUP 38,064 0.03% 179 CHINA SHENHUA ENERGY CO H 301,456 0.20% 180 CHINA SHIPPING CONTAINER H 19,565 0.01% 181 CHINA SINGYES SOLAR TECH 21,561 0.01% 182 CHINA SOUTH CITY HOLDINGS 45,538 0.03% 183 CHINA SOUTHERN AIRLINES CO H 75,618 0.05% 184 CHINA STEEL CORP 1,056,770 0.71% 185 CHINA SYNTHETIC RUBBER 43,082 0.03% 186 CHINA TRAVEL INTL INV HK 87,494 0.06% 187 CHINA UNICOM HONG KONG ADR 666,966 0.45% 188 CHINA UNICOM HONG KONG LTD 161,124 0.11% 189 CHINA YURUN FOOD GROUP LTD 4,897 0.00% 190 CHINA ZHENGTONG AUTO SERVICE 42,031 0.03% 191 CHINA ZHONGWANG HOLDINGS LTD 79,086 0.05% 192 CHIPBOND TECHNOLOGY CORP 98,438 0.07% 193 CHOLAMANDALAM INVESTMENT AND 13,246 0.01% 194 CHONGQING RURAL COMMERCIAL H 137,057 0.09% 195 CHUNG HUNG STEEL CORP 15,184 0.01% 196 CHUNG HWA PULP 23,534 0.02% 197 CIA BRASILEIRA DE DIS PREF 193,024 0.13% 198 CIA SIDERURGICA NACIONAL SA 103,069 0.07% 199 CIFI HOLDINGS GROUP CO LTD 10,268 0.01% 200 CIMB GROUP HOLDINGS BHD 404,862 0.27% 201 CIPUTRA DEVELOPMENT TBK PT 195,016 0.13% 202 CITIC LTD 835,032 0.56% 203 CITIC RESOURCES HOLDINGS LTD 15,677 0.01% 204 CJ E&M CORP 91,285 0.06% 205 CLEVO COMPANY 68,196 0.05% 206 CMC MAGNETICS CORP 30,373 0.02% 207 CNOOC LTD 926,742 0.63% 208 COASTAL CONTRACTS BHD 23,742 0.02% 209 COCA COLA FEMSA SAB SER L 319,588 0.22% 210 COCA COLA FEMSA SAB SP ADR 165,058 0.11% 211 COLOMBIAN PESO 36,371 0.02% 212 COMPAL ELECTRONICS 364,965 0.25% 213 COMPEQ MANUFACTURING CO LTD 79,213 0.05% 214 CONTAINER CORP OF INDIA LTD 58,491 0.04% 215 CONTINENTAL HOLDINGS CORP 12,492 0.01% 216 CONTROLADORA COML MEXIC UBC 102,398 0.07% 217 COOLPAD GROUP LTD 21,600 0.01% 218 CORETRONIC CORP 67,321 0.05% 219 COROMANDEL INTERNATIONAL LTD 21,414 0.01% 220 CORPORATION BANK 470 0.00% 221 COSAN SA INDUSTRIA COMERCIO 95,545 0.06% 222 COSCO CAPITAL INC 29,712 0.02% # Asset Name Market Value % of Portfolio 223 COSCO PACIFIC LTD 157,223 0.11% 224 COUNTRY GARDEN HOLDINGS CO 223,214 0.15% 225 COX AND KINGS LTD 44,465 0.03% 226 CROMPTON GREAVES LTD 145,072 0.10% 227 CSBC CORP TAIWAN 29,375 0.02% 228 CTBC FINANCIAL HOLDING CO LT 578,382 0.39% 229 CYIENT LTD 26,080 0.02% 230 CYRELA BRAZIL REALTY SA EMP 68,057 0.05% 231 CZECH KORUNA 30.00% 232 D LINK CORP 24,180 0.02% 233 DAEDUCK ELECTRONICS CO 24,955 0.02% 234 DAELIM INDUSTRIAL CO LTD 149,245 0.10% 235 DAEWOO ENGINEERING & CONSTR 43,375 0.03% 236 DAEWOO INTERNATIONAL CORP 28,836 0.02% 237 DAEWOO SECURITIES CO LTD 59,596 0.04% 238
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