MOAT Moat A Shares

             Funds                 Date    Ticker Symbol  ISIN code    Shares in  Currency   Net Asset    NAV per Share
                                                                         Issue                 Value

VanEck Vectors Morning Star US  27.06.2017               IE00BQQP9H09   650,000     USD    17,862,895.95     27.4814
      Wide Moat UCITS ETF

  VanEck Vectors Gold Miners    27.06.2017               IE00BQQP9F84  4,850,000    USD    112,706,221.30    23.2384
           UCITS ETF

  VanEck Vectors Junior Gold    27.06.2017               IE00BQQP9G91  2,050,000    USD    57,589,609.13     28.0925
       Miners UCITS ETF

 VanEck Vectors JP Morgan EMLC  27.06.2017               IE00BDS67326   689,000     USD    42,924,855.88     62.3002
        Bond UCITS ETF