Ninety One Emerging Markets Equity Fund

Fund Profile

Fund profile

Tickers

ZEMIX, ZEMAX

Fund manager

Advisors' Inner Circle Fund III

Total assets

$315.69 mm

Liabilities

$4.23 mm

Net assets

$311.46 mm

Number of holdings

84.00

84 Holdings

As of Jul 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK	35.18 mm	1.21 mm shares	11.30	Common equity	Long	Taiwan
SAMSUNG ELECTRONICS CO LTD COMMON STOCK	17.92 mm	290.66 k shares	5.75	Common equity	Long	Korea, Republic of
TENCENT HOLDINGS LTD COMMON STOCK	16.32 mm	353.70 k shares	5.24	Common equity	Long	Hong Kong
SK HYNIX INC COMMON STOCK	7.76 mm	54.11 k shares	2.49	Common equity	Long	Korea, Republic of
RELIANCE INDUSTRIES LTD COMMON STOCK	7.64 mm	211.85 k shares	2.45	Common equity	Long	India
ERSTE GROUP BANK AG COMMON STOCK	5.17 mm	99.45 k shares	1.66	Common equity	Long	Austria
XIAOMI CORP-CLASS B COMMON STOCK	5.12 mm	2.39 mm shares	1.65	Common equity	Long	Hong Kong
GRUPO MEXICO SAB DE CV-SER B COMMON STOCK	5.09 mm	904.32 k shares	1.63	Common equity	Long	Mexico
HON HAI PRECISION INDUSTRY COMMON STOCK	5.09 mm	829.00 k shares	1.63	Common equity	Long	Taiwan
PETROCHINA CO LTD-H COMMON STOCK	4.90 mm	5.64 mm shares	1.57	Common equity	Long	Hong Kong
MEDIATEK INC COMMON STOCK	4.87 mm	128.00 k shares	1.57	Common equity	Long	Taiwan
MEITUAN-CLASS B COMMON STOCK	4.78 mm	345.00 k shares	1.53	Common equity	Long	Hong Kong
POWER GRID CORP OF INDIA LTD COMMON STOCK	4.56 mm	1.10 mm shares	1.46	Common equity	Long	India
ALDAR PROPERTIES PJSC COMMON STOCK	4.35 mm	2.16 mm shares	1.40	Common equity	Long	United Arab Emirates
MAHINDRA & MAHINDRA LTD COMMON STOCK	4.21 mm	120.98 k shares	1.35	Common equity	Long	India
CIPLA LTD COMMON STOCK	4.05 mm	219.23 k shares	1.30	Common equity	Long	India
KIA CORP COMMON STOCK	4.02 mm	49.00 k shares	1.29	Common equity	Long	Korea, Republic of
CIA SANEAMENTO BASICO DE SP COMMON STOCK	3.89 mm	249.79 k shares	1.25	Common equity	Long	Brazil
MACROTECH DEVELOPERS LTD COMMON STOCK	3.82 mm	244.11 k shares	1.23	Common equity	Long	India
BANK CENTRAL ASIA TBK PT COMMON STOCK	3.81 mm	6.01 mm shares	1.22	Common equity	Long	Indonesia
LARSEN & TOUBRO LTD COMMON STOCK	3.76 mm	82.29 k shares	1.21	Common equity	Long	India
VARUN BEVERAGES LTD COMMON STOCK	3.66 mm	194.09 k shares	1.18	Common equity	Long	India
ZOMATO LTD COMMON STOCK	3.60 mm	1.31 mm shares	1.16	Common equity	Long	India
CAPITEC BANK HOLDINGS LTD COMMON STOCK	3.56 mm	22.83 k shares	1.14	Common equity	Long	South Africa
TME Tencent Music Entertainment Group	3.44 mm	242.80 k shares	1.11	Common equity	Long	USA
HINDUSTAN AERONAUTICS LTD COMMON STOCK	3.39 mm	57.48 k shares	1.09	Common equity	Long	India
PING AN INSURANCE GROUP CO-H COMMON STOCK	3.34 mm	768.00 k shares	1.07	Common equity	Long	Hong Kong
SAUDI AWWAL BANK COMMON STOCK	3.26 mm	311.95 k shares	1.05	Common equity	Long	Saudi Arabia
VALE SA-SP ADR DEPOSITARY RECEIPT	3.26 mm	300.38 k shares	1.05	Common equity	Long	USA
EMAAR PROPERTIES PJSC COMMON STOCK	3.21 mm	1.37 mm shares	1.03	Common equity	Long	United Arab Emirates
AIA GROUP LTD COMMON STOCK	3.19 mm	477.20 k shares	1.02	Common equity	Long	Hong Kong
ASE TECHNOLOGY HOLDING CO LT COMMON STOCK	3.15 mm	675.00 k shares	1.01	Common equity	Long	Taiwan
PB FINTECH LTD COMMON STOCK	3.12 mm	179.54 k shares	1.00	Common equity	Long	India
SAMSUNG C&T CORP COMMON STOCK	3.05 mm	26.81 k shares	0.98	Common equity	Long	Korea, Republic of
ABU DHABI COMMERCIAL BANK COMMON STOCK	3.05 mm	1.26 mm shares	0.98	Common equity	Long	United Arab Emirates
AAC TECHNOLOGIES HOLDINGS IN COMMON STOCK	3.02 mm	824.00 k shares	0.97	Common equity	Long	Hong Kong
ZHONGJI INNOLIGHT CO LTD-A COMMON STOCK	3.00 mm	164.82 k shares	0.96	Common equity	Long	China
NASPERS LTD-N SHS COMMON STOCK	3.00 mm	15.48 k shares	0.96	Common equity	Long	South Africa
MONDI PLC COMMON STOCK	2.98 mm	152.46 k shares	0.96	Common equity	Long	UK
MAX HEALTHCARE INSTITUTE LTD COMMON STOCK	2.94 mm	266.57 k shares	0.95	Common equity	Long	India
ALIBABA GROUP HOLDING LTD COMMON STOCK	2.93 mm	298.14 k shares	0.94	Common equity	Long	Hong Kong
BAP Credicorp Ltd.	2.92 mm	17.09 k shares	0.94	Common equity	Long	USA
HCL TECHNOLOGIES LTD COMMON STOCK	2.89 mm	147.09 k shares	0.93	Common equity	Long	India
BANK MANDIRI PERSERO TBK PT COMMON STOCK	2.86 mm	7.26 mm shares	0.92	Common equity	Long	Indonesia
SANLAM LTD COMMON STOCK	2.85 mm	635.69 k shares	0.91	Common equity	Long	South Africa
FMX Fomento Económico Mexicano, S.A.B. de C.V.	2.84 mm	25.75 k shares	0.91	Common equity	Long	USA
EMBRAER SA COMMON STOCK	2.77 mm	356.47 k shares	0.89	Common equity	Long	Brazil
KUAISHOU TECHNOLOGY COMMON STOCK	2.76 mm	493.30 k shares	0.89	Common equity	Long	Hong Kong
CIMB GROUP HOLDINGS BHD COMMON STOCK	2.74 mm	1.69 mm shares	0.88	Common equity	Long	Malaysia
ZIJIN MINING GROUP CO LTD-H COMMON STOCK	2.67 mm	1.32 mm shares	0.86	Common equity	Long	Hong Kong
KOTAK MAHINDRA BANK LTD COMMON STOCK	2.66 mm	122.76 k shares	0.85	Common equity	Long	India
ITC LTD COMMON STOCK	2.63 mm	443.90 k shares	0.84	Common equity	Long	India
POP MART INTERNATIONAL GROUP COMMON STOCK	2.59 mm	487.60 k shares	0.83	Common equity	Long	Hong Kong
ASUSTEK COMPUTER INC COMMON STOCK	2.57 mm	183.00 k shares	0.82	Common equity	Long	Taiwan
NATIONAL BANK OF GREECE COMMON STOCK	2.48 mm	282.23 k shares	0.80	Common equity	Long	Greece
TX Ternium S.A.	2.47 mm	71.13 k shares	0.79	Common equity	Long	USA
ACCTON TECHNOLOGY CORP COMMON STOCK	2.45 mm	156.00 k shares	0.79	Common equity	Long	Taiwan
PRIO SA COMMON STOCK	2.40 mm	282.05 k shares	0.77	Common equity	Long	Brazil
AMERICA MOVIL SAB DE C-SER B COMMON STOCK	2.31 mm	2.76 mm shares	0.74	Common equity	Long	Mexico
BEKE KE Holdings Inc.	2.29 mm	165.22 k shares	0.73	Common equity	Long	USA
TRIP.COM GROUP LTD-ADR DEPOSITARY RECEIPT	2.28 mm	53.54 k shares	0.73	Common equity	Long	USA
ARCA CONTINENTAL SAB DE CV COMMON STOCK	2.18 mm	221.63 k shares	0.70	Common equity	Long	Mexico
HDFC BANK LIMITED COMMON STOCK	2.04 mm	105.76 k shares	0.66	Common equity	Long	India
BEIJING ROBOROCK TECHNOLOG-A COMMON STOCK	2.02 mm	46.47 k shares	0.65	Common equity	Long	China
B3 SA-BRASIL BOLSA BALCAO COMMON STOCK	2.02 mm	1.05 mm shares	0.65	Common equity	Long	Brazil
SAMSUNG E&A CO LTD COMMON STOCK	2.02 mm	96.54 k shares	0.65	Common equity	Long	Korea, Republic of
MTN GROUP LTD COMMON STOCK	1.99 mm	458.48 k shares	0.64	Common equity	Long	South Africa
BID CORP LTD COMMON STOCK	1.98 mm	79.53 k shares	0.64	Common equity	Long	South Africa
KRAFTON INC COMMON STOCK	1.97 mm	9.12 k shares	0.63	Common equity	Long	Korea, Republic of
HONG KONG EXCHANGES & CLEAR COMMON STOCK	1.94 mm	65.80 k shares	0.62	Common equity	Long	Hong Kong
MULTIPLAN EMPREENDIMENTOS COMMON STOCK	1.79 mm	420.90 k shares	0.57	Common equity	Long	Brazil
BANCO DO BRASIL S.A. COMMON STOCK	1.77 mm	378.22 k shares	0.57	Common equity	Long	Brazil
FIVE-STAR BUSINESS FINANCE L COMMON STOCK	1.62 mm	179.47 k shares	0.52	Common equity	Long	India
BANGKOK BANK PCL-FOREIGN REG COMMON STOCK	1.62 mm	421.60 k shares	0.52	Common equity	Long	Thailand
MINOR INTERNATIONAL PCL-FOR COMMON STOCK	1.62 mm	1.99 mm shares	0.52	Common equity	Long	Thailand
WH GROUP LTD COMMON STOCK	1.59 mm	2.45 mm shares	0.51	Common equity	Long	Hong Kong
BEIGENE LTD-A COMMON STOCK	1.43 mm	79.46 k shares	0.46	Common equity	Long	China
HYBE CO LTD COMMON STOCK	1.37 mm	10.63 k shares	0.44	Common equity	Long	Korea, Republic of
WALMART DE MEXICO SAB DE CV COMMON STOCK	1.33 mm	400.78 k shares	0.43	Common equity	Long	Mexico
CX CEMEX, S.A.B. de C.V.	1.01 mm	157.00 k shares	0.32	Common equity	Long	USA
TRIP.COM GROUP LTD COMMON STOCK	537.97 k	12.60 k shares	0.17	Common equity	Long	Hong Kong
FX Forward Contract: USD/EUR SETTLE 2024-08-02 BARCLAYS CAPITAL INC.	291.70	1.00 contracts	0.00	DFE	N/A	USA
FX Forward Contract: HKD/USD SETTLE 2024-08-01 CITIGROUP GLOBAL MARKETS INC.	14.00	1.00 contracts	0.00	DFE	N/A	Hong Kong
MOSCOW EXCHANGE MICEX-RTS PJ COMMON STOCK	0.57	491.25 k shares	0.00	Common equity	Long	Russian Federation