MIDDLEFIELD GLOBAL DIVIDEND GROWERS CLASS
Summary of Investment Portfolio as at September 30, 2023
 
  Top Twenty-Five Holdings  
    Description % of
Net Asset Value
 
  1. Middlefield Healthcare Dividend ETF 13.3%  
  2. NVDIA Corp. 5.1%  
  3. Blackstone Inc. 5.0%  
  4. Broadcom Inc. 4.9%  
  5. Apple Inc. 4.7%  
  6. LVMH Moet Hennessy Louis Vuitton SE 4.4%  
  7. Brookfield Asset Management Ltd. 3.8%  
  8. Topaz Energy Corp. 3.6%  
  9. Microsoft Corp. 3.5%  
  10. Alphabet Inc. 3.5%  
  11. Sony Group Corp. 3.4%  
  12. Motorola Solutions Inc. 3.3%  
  13. Republic Services Inc. 3.1%  
  14. Costco Wholesale Corp. 3.0%  
  15. Prysmian SpA 2.8%  
  16. Deutsche Telekom AG 2.8%  
  17. ASML Holding NV 2.6%  
  18. Holcim AG 2.4%  
  19. Visa Inc. 2.4%  
  20. Schneider Electric SE 2.4%  
  21. PepsiCo Inc. 2.2%  
  22. JP Morgan Chase & Co. 2.1%  
  23. Choice Properties Real Estate Investment Trust 2.1%  
  24. Vinci SA 2.1%  
  25. Enbridge Inc. 1.9%  
    "Top Twenty-Five Holdings" excludes any temporary cash investments  
 
    Asset Class % of
Net Asset Value
 
    Technology 24.9%  
    Financials 13.3%  
    Healthcare 13.2%  
    Industrials 12.4%  
    Consumer Discretionary 9.4%  
    Communication Services 7.6%  
    Consumer Staples 5.2%  
    Energy 3.6%  
    Utilities 3.0%  
    Materials 2.4%  
    Real Estate 2.1%  
    Pipelines 1.9%  
    Cash and Short-Term Investments 1.7%  
    Other Assets (Liabilities) -0.7%  
    100.0%  
    Total Net Asset Value $13,856,190  
    Total Assets $13,995,884  
  The Summary of Investment Portfolio may change due to ongoing portfolio transactions. The Prospectus of any investment funds owned by the fund can be found online at www.sedar.com. Updates to this Summary of Investment Portfolio are posted to www.middlefield.com.