| Fund Holdings (35 total) |
| As of 07/29/2010, subject to change |
| RIO TINTO PLC - REG | RIO | 7.75% |
| BHP Billiton PLC | BLT | 6.92% |
| POSCO | 005490 | 5.14% |
| ANGLO AMERICAN PLC | AAL | 4.98% |
| XSTRATA PLC | XTA | 4.92% |
| FREEPORT-MCMORAN COPPER & GOLD | FCX | 4.92% |
| MMC Norilsk Nickel | MNOD | 4.82% |
| Cia Siderurgica Nacional SA | SID | 4.78% |
| Vale SA | VALE | 4.70% |
| ARCELORMITTAL | MT | 4.65% |
| TECK RESOURCES LIMITED | TCK/B | 4.25% |
| NIPPON STEEL COMPANY | 5401 | 4.02% |
| JFE HOLDINGS INC | 5411 | 3.26% |
| GERDAU SA | GGB | 2.98% |
| NUCOR CORP | NUE | 2.66% |
| STERLITE INDUSTRIES - ADR | SLT | 2.59% |
| Alcoa Inc | AA | 2.43% |
| Grupo Mexico SAB de CV | GMEXICOB | 2.24% |
| ThyssenKrupp AG | TKA | 2.18% |
| Cameco Corp | CCO | 2.16% |
| China Steel Corp | 2002 | 1.97% |
| EVRAZ GROUP SA - GDR REG S | EVR | 1.96% |
| SUMITOMO METAL INDUSTRIES LTD | 5405 | 1.89% |
| SUMITOMO METAL MINING CO | 5713 | 1.79% |
| CLIFFS NATURAL RESOURCES INC | CLF | 1.62% |
| United States Steel Corp | X | 1.35% |
| ANTOFAGASTA PLC | ANTO | 1.17% |
| Southern Copper Corp | SCCO | 1.14% |
| Allegheny Technologies Inc | ATI | 0.91% |
| KAZAKHMYS PLC | KAZ | 0.81% |
| ALUMINUM CORP OF CHINA - ADR | ACH | 0.75% |
| MECHEL STEEL GROUP - ADR | MTL | 0.69% |
| Norsk Hydro ASA | NHY | 0.67% |
| Jiangxi Copper Co Ltd | 358 | 0.65% |
| Angang Steel Co Ltd | 347 | 0.32% |