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  26.07.2017               IE00BQQP9H09   650,000     USD    18,178,019.30     27.9662
      Wide Moat UCITS ETF

  VanEck Vectors Gold Miners    26.07.2017               IE00BQQP9F84  4,850,000    USD    114,952,728.03    23.7016
           UCITS ETF

  VanEck Vectors Junior Gold    26.07.2017               IE00BQQP9G91  2,200,000    USD    61,237,079.48     27.8350
       Miners UCITS ETF

 VanEck Vectors JP Morgan EMLC  26.07.2017               IE00BDS67326   805,000     USD    50,635,208.42     62.9009
        Bond UCITS ETF