The Advisors’ Inner Circle Fund II      PMV Adaptive Risk Parity ETF  
       January 31, 2023 (Unaudited)  

 

                                                     
     

SCHEDULE OF INVESTMENTS

 

EXCHANGE TRADED FUNDS — 86.4%

                  
     Shares      Fair Value

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

      108,430       $ 1,621,028  

iShares Short Treasury Bond ETF

      56,085        6,185,054  

Vanguard FTSE Developed Markets ETF

      107,952        4,939,884  

Vanguard FTSE Emerging Markets ETF

      38,509        1,626,235  

WisdomTree Bloomberg U.S. Dollar Bullish Fund

      234,819        6,030,152  
     

 

 

 

            20,402,353    
     

 

 

 

Total Exchange Traded Funds
(Cost $19,989,411)

         20,402,353  

CLOSED-END FUND — 13.5%

                  

Commodities — 13.5%

      

Sprott Physical Gold Trust*

      213,040        3,182,817  
     

 

 

 

Total Closed-End Fund
(Cost $3,004,860)

         3,182,817  
     

 

 

 

Total Investments - 99.9%
(Cost $22,994,271)

        $ 23,585,170  
     

 

 

 

 

  

Percentages are based on Net Assets of $23,610,647.

 

*

Non-income producing security.

ETF — Exchange-Traded Fund

FTSE — Financial Times Stock Exchange

PMV-QH-001-0100