# EDGAR Filing Document

**Accession Number:** 0000919160
**File Stem:** 0001398344-25-021428
**Filing Date:** 2025-11
**Character Count:** 16235
**Document Hash:** 82414f240dd2742c8beac2688f8ea729
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-021428.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001398344-25-021428

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUINNESS ATKINSON FUNDS
- **CENTRAL INDEX KEY:** 0000919160

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08360
- **FILM NUMBER:** 251536311

**BUSINESS ADDRESS:**
- **STREET 1:** 251 SOUTH LAKE AVE
- **STREET 2:** SUITE 800
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** 626-914-1041

**MAIL ADDRESS:**
- **STREET 1:** 251 SOUTH LAKE AVE
- **STREET 2:** SUITE 800
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INVESTEC FUNDS
- **DATE OF NAME CHANGE:** 20000927

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUINNESS FLIGHT INVESTMENT FUNDS
- **DATE OF NAME CHANGE:** 19970506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUINNESS FLIGHT INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 19940217

## Series and Classes Contracts Data

### SmartETFs Dividend Builder ETF (Series ID: S000069135)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000220962 | SmartETFs Dividend Builder ETF | DIVS            |

## Nport-Ex

**SmartETFs Dividend Builder ETF** 

**Schedule of Investments** 

**at September 30, 2025 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Shares** | **Common Stocks: 99.6%** | **Value** |
|  | **China: 2.6%** |  |
| 89200 | ANTA Sports Products Ltd | 1071743 |
|  | **France: 8.6%** |  |
| 16233 | Danone SA | 1413187 |
| 10221 | Publicis Groupe | 980032 |
| 4409 | Schneider Electric SE | 1229752 |
|  |  | 3622971 |
|  | **Germany: 2.8%** |  |
| 4456 | Deutsche Boerse AG | 1193168 |
|  | **Ireland: 2.8%** |  |
| 12273 | Medtronic PLC | 1168881 |
|  | **Sweden: 5.7%** |  |
| 36832 | Assa Abloy AB-B | 1277609 |
| 66055 | Atlas Copco | 1114772 |
|  |  | 2392381 |
|  | **Switzerland: 9.0%** |  |
| 20192 | ABB Ltd. | 1453844 |
| 13049 | Nestle SA | 1197702 |
| 3521 | Roche Holding AG | 1149489 |
|  |  | 3801035 |
|  | **Taiwan: 3.6%** |  |
| 5373 | Taiwan Semiconductor Manufacturing Co., Ltd. | 1500625 |
|  | **United Kingdom: 10.4%** |  |
| 41435 | Diageo PLC | 989267 |
| 212049 | Haleon PLC | 947813 |
| 17067 | Reckitt Benckiser Group PLC | 1312281 |
| 19053 | Unilever PLC | 1127305 |
|  |  | 4376666 |
|  | **United States: 54.1%** |  |
| 5900 | AbbVie Inc. | 1366086 |
| 10890 | Aflac Inc. | 1216413 |
| 3463 | Arthur J Gallagher & Co. | 1072630 |
| 1139 | BlackRock Inc. | 1327926 |
| 4110 | Broadcom Inc. | 1355930 |
| 17836 | Cisco Systems Inc. | 1220339 |
| 4642 | CME Group Inc. | 1254222 |
| 3538 | Eaton Corp. PLC | 1324097 |
| 8833 | Emerson Electric Co. | 1158713 |
| 4345 | Illinois Tool Works Inc. | 1133002 |
| 7210 | Johnson & Johnson | 1336878 |
| 2717 | Microsoft Corp. | 1407270 |
| 19028 | Mondelez International Inc. | 1188680 |
| 11587 | Otis Worldwide Corp. | 1059399 |

---

**SmartETFs Dividend Builder ETF** 

**Schedule of Investments** 

**at September 30, 2025 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Shares** | **Common Stocks: 99.6%** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | **United States (Continued)** |  |
| 7606 | Paychex Inc. | $964137 |
| 7744 | PepsiCo Inc. | 1087567 |
| 6676 | Procter & Gamble Co./The | 1025767 |
| 6170 | Texas Instruments Inc. | 1133614 |
| 16675 | The Coca-Cola Co. - ADR | 1105886 |
|  |  | 22738556 |
|  | **Total Common Stocks (Cost $30,104,787)** | 41866026 |
|  | **Total Investments in Securities (Cost $30,104,787): 99.6%** | 41866026 |
|  | Other Assets in Excess of Liabilities: 0.4% | 167240 |
|  | **Total Net Assets - 100.0%** | $**42033266** |

---

\* Non-income producing security.

*ADR - American Depository Receipt*

*PLC - Public Limited Company*

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** GUINNESS ATKINSON FUNDS

- **b. Investment Company Act file number:** 811-08360

- **c. CIK number of Registrant:** 0000919160

- **d. LEI of Registrant:** 54930097560RK2KMX577

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 251 South Lake Ave

  - **City:** Pasadena

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 91101

  - **Telephone number:** 626-914-1041

**Item A.2. Information about the Series.**

- **a. Name of Series:** SmartETFs Dividend Builder ETF

- **b. EDGAR series identifier (if any):** S000069135

- **c. LEI of Series:** 549300LDFVCSRZU8VI59

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $42280448.96

**Total Liabilities:** $247696.81

**Net Assets:** $42032752.15

**Cash Not Reported:** $242988.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000220962 | 1.33%                | 1.68%                | -1.46%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $194156.34               | $297246.63                                 |
| Month 2  | $0.00                    | $648705.12                                 |
| Month 3  | $-62082.26               | $-600472.63                                |

### Schedule of Portfolio Investments

| Name                           | Title        | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABB LTD-REG /CHF/              | COMMON STOCK | CUSIP: H0010V101<br>LEI: N/A | Long             | EC               | CORP              | CH        |     20192 | NS      | $1453844.29   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                     | COMMON STOCK | CUSIP: 00287Y109<br>LEI: N/A | Long             | EC               | CORP              | US        |      5900 | NS      | $1366086.00   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC INC                      | COMMON STOCK | CUSIP: 001055102<br>LEI: N/A | Long             | EC               | CORP              | US        |     10890 | NS      | $1216413.00   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTA SPORTS PRODUCTS LTD /HKD/ | COMMON STOCK | CUSIP: G04011105<br>LEI: N/A | Long             | EC               | CORP              | KY        |     89200 | NS      | $1071743.40   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTHUR J GALLAGHER & CO        | COMMON STOCK | CUSIP: 363576109<br>LEI: N/A | Long             | EC               | CORP              | US        |      3463 | NS      | $1072629.62   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSA ABLOY AB-B /SEK/          | COMMON STOCK | CUSIP: W0817X204<br>LEI: N/A | Long             | EC               | CORP              | SE        |     36832 | NS      | $1277609.39   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLAS COPCO AB-A SHS /SEK/     | COMMON STOCK | CUSIP: W1R924252<br>LEI: N/A | Long             | EC               | CORP              | SE        |     66055 | NS      | $1114772.40   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                  | COMMON STOCK | CUSIP: 09290D101<br>LEI: N/A | Long             | EC               | CORP              | US        |      1139 | NS      | $1327925.93   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                   | COMMON STOCK | CUSIP: 11135F101<br>LEI: N/A | Long             | EC               | CORP              | US        |      4110 | NS      | $1355930.10   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC              | COMMON STOCK | CUSIP: 17275R102<br>LEI: N/A | Long             | EC               | CORP              | US        |     17836 | NS      | $1220339.12   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                  | COMMON STOCK | CUSIP: 12572Q105<br>LEI: N/A | Long             | EC               | CORP              | US        |      4642 | NS      | $1254221.98   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA CO/THE               | COMMON STOCK | CUSIP: 191216100<br>LEI: N/A | Long             | EC               | CORP              | US        |     16675 | NS      | $1105886.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| DANONE /EUR/                   | COMMON STOCK | CUSIP: F12033134<br>LEI: N/A | Long             | EC               | CORP              | FR        |     16233 | NS      | $1413186.92   | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BOERSE AG /EUR/       | COMMON STOCK | CUSIP: D1882G119<br>LEI: N/A | Long             | EC               | CORP              | DE        |      4456 | NS      | $1193167.92   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC /GBP/               | COMMON STOCK | CUSIP: G42089113<br>LEI: N/A | Long             | EC               | CORP              | GB        |     41435 | NS      | $989266.70    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORP PLC                 | COMMON STOCK | CUSIP: G29183103<br>LEI: N/A | Long             | EC               | CORP              | IE        |      3538 | NS      | $1324096.50   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERSON ELECTRIC CO            | COMMON STOCK | CUSIP: 291011104<br>LEI: N/A | Long             | EC               | CORP              | US        |      8833 | NS      | $1158712.94   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HALEON PLC /GBP/               | COMMON STOCK | CUSIP: G4232K100<br>LEI: N/A | Long             | EC               | CORP              | GB        |    212049 | NS      | $947812.89    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLINOIS TOOL WORKS            | COMMON STOCK | CUSIP: 452308109<br>LEI: N/A | Long             | EC               | CORP              | US        |      4345 | NS      | $1133002.20   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON              | COMMON STOCK | CUSIP: 478160104<br>LEI: N/A | Long             | EC               | CORP              | US        |      7210 | NS      | $1336878.20   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                  | COMMON STOCK | CUSIP: G5960L103<br>LEI: N/A | Long             | EC               | CORP              | IE        |     12273 | NS      | $1168880.52   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                 | COMMON STOCK | CUSIP: 594918104<br>LEI: N/A | Long             | EC               | CORP              | US        |      2717 | NS      | $1407270.15   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC-A   | COMMON STOCK | CUSIP: 609207105<br>LEI: N/A | Long             | EC               | CORP              | US        |     19028 | NS      | $1188679.16   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NESTLE SA-REG /CHF/            | COMMON STOCK | CUSIP: H57312649<br>LEI: N/A | Long             | EC               | CORP              | CH        |     13049 | NS      | $1197701.83   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP            | COMMON STOCK | CUSIP: 68902V107<br>LEI: N/A | Long             | EC               | CORP              | US        |     11587 | NS      | $1059399.41   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX INC                    | COMMON STOCK | CUSIP: 704326107<br>LEI: N/A | Long             | EC               | CORP              | US        |      7606 | NS      | $964136.56    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                    | COMMON STOCK | CUSIP: 713448108<br>LEI: N/A | Long             | EC               | CORP              | US        |      7744 | NS      | $1087567.36   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE        | COMMON STOCK | CUSIP: 742718109<br>LEI: N/A | Long             | EC               | CORP              | US        |      6676 | NS      | $1025767.40   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLICIS GROUPE /EUR/          | COMMON STOCK | CUSIP: F7607Z165<br>LEI: N/A | Long             | EC               | CORP              | FR        |     10221 | NS      | $980031.91    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RECKITT BENCKISER GROUP  /GBP/ | COMMON STOCK | CUSIP: G74079107<br>LEI: N/A | Long             | EC               | CORP              | GB        |     17067 | NS      | $1312280.59   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCHE HOLDING AG-GENUSSC /CHF/ | COMMON STOCK | CUSIP: H69293217<br>LEI: N/A | Long             | EC               | CORP              | CH        |      3521 | NS      | $1149488.63   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELEC SA /EUR/        | COMMON STOCK | CUSIP: F86921107<br>LEI: N/A | Long             | EC               | CORP              | FR        |      4409 | NS      | $1229752.27   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR-SP ADR    | COMMON STOCK | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | TW        |      5373 | NS      | $1500625.17   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC          | COMMON STOCK | CUSIP: 882508104<br>LEI: N/A | Long             | EC               | CORP              | US        |      6170 | NS      | $1133614.10   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC /GBP/             | COMMON STOCK | CUSIP: G92087165<br>LEI: N/A | Long             | EC               | CORP              | GB        |     19053 | NS      | $1127304.94   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** GUINNESS ATKINSON FUNDS

**Signature:** /s/ Lyna Phan

**Name of Signer:** Lyna Phan

**Title:** Assistant Treasurer