Top Ten Security Holdings as of April 30, 2019

1. Agnico Eagle Mines Limited
2. SPDR Gold Trust
3. Barrick Gold Corporation
4. Alamos Gold Inc.
5. SSR Mining Inc.
6. Saracen Mineral Holdings Limited
7. Ciner Resources LP
8. Rio Tinto plc ADR
9. Newcrest Mining Limited
10. B2Gold Corp.
Top ten security holdings comprise approximately 59% of total assets.


1. Mastercard Incorporated Class A
2. Alphabet Inc. Class A
3. Berkshire Hathaway, Inc. Class B
4. Johnson & Johnson
5. JPMorgan Chase & Co.
6. AutoZone, Inc.
7. Apple Inc.
8. Broadcom Inc.
9. Marcus & Millichap Inc.
10. Robert Half International Inc.
Top ten security holdings comprise approximately 61% of total assets.

Portfolio Manager's Journal

Top ten security holdings are shown for informational purposes only and are subject to change. The above portfolio information should not be considered as a recommendation to purchase or sell a particular security and there is no assurance that any securities will remain in or out of the Funds.