Form NPORT-P FRONTIER FUNDS, INC. For: Mar 31

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May 24, 2022 1:31 PM EDT

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      Frontier Funds, Inc.
      811-07685
      0001014913
      549300TMAADQMXZCXG08
      400 Skokie Blvd
      Suite 500
      Northbrook
      
      60062-2815
      847-509-9860
      Frontier MFG Global Sustainable Fund
      S000063792
      549300FO6X8UM5G4OL63
      2022-06-30
      2022-03-31
      N
    
    
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        Alphabet Inc
        5493006MHB84DD0ZWV18
        Alphabet Inc
        02079K107
        
          
          
        
        1115.000000000000
        NS
        USD
        3114183.850000000000
        7.6720840337
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amazon.com Inc
        ZXTILKJKG63JELOEG630
        Amazon.com Inc
        023135106
        
          
          
        
        356.000000000000
        NS
        USD
        1160542.200000000000
        2.8591045718
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        EC
        CORP
        US
        N
        
        1
        
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        Booking Holdings Inc
        FXM8FAOHMYDIPD38UZ17
        Booking Holdings Inc
        09857L108
        
          
          
        
        390.000000000000
        NS
        USD
        915895.500000000000
        2.2563944778
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
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        CME Group Inc
        LCZ7XYGSLJUHFXXNXD88
        CME Group Inc
        12572Q105
        
          
          
        
        2552.000000000000
        NS
        USD
        607018.720000000000
        1.4954475568
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
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        Chipotle Mexican Grill Inc
        N/A
        Chipotle Mexican Grill Inc
        169656105
        
          
          
        
        601.000000000000
        NS
        USD
        950800.030000000000
        2.3423850616
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        EC
        CORP
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        N
        
        1
        
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        Eversource Energy
        SJ7XXD41SQU3ZNWUJ746
        Eversource Energy
        30040W108
        
          
          
        
        7456.000000000000
        NS
        USD
        657544.640000000000
        1.6199229002
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Meta Platforms Inc
        BQ4BKCS1HXDV9HN80Z93
        Facebook Inc
        30303M102
        
          
          
        
        8089.000000000000
        NS
        USD
        1798670.040000000000
        4.4311923639
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
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        Intercontinental Exchange Inc
        5493000F4ZO33MV32P92
        Intercontinental Exchange Inc
        45866F104
        
          
          
        
        8531.000000000000
        NS
        USD
        1127115.720000000000
        2.7767553029
        Long
        EC
        CORP
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        N
        
        1
        
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        SAP SE
        529900D6BF99LW9R2E68
        SAP SE
        D66992104
        
          
          
        
        9587.000000000000
        NS
        
        1062515.120000000000
        2.6176056650
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Mastercard Inc
        AR5L2ODV9HN37376R084
        Mastercard Inc
        57636Q104
        
          
          
        
        3965.000000000000
        NS
        USD
        1417011.700000000000
        3.4909412427
        Long
        EC
        CORP
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        N
        
        1
        
          N
          N
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        McDonald's Corp
        UE2136O97NLB5BYP9H04
        McDonald's Corp
        580135101
        
          
          
        
        3956.000000000000
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        USD
        978239.680000000000
        2.4099852133
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        N
        
        1
        
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        Microsoft Corp
        INR2EJN1ERAN0W5ZP974
        Microsoft Corp
        594918104
        
          
          
        
        10108.000000000000
        NS
        USD
        3116397.480000000000
        7.6775375189
        Long
        EC
        CORP
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        N
        
        1
        
          N
          N
          N
        
      
      
        Netflix Inc
        549300Y7VHGU0I7CE873
        Netflix Inc
        64110L106
        
          
          
        
        4839.000000000000
        NS
        USD
        1812641.010000000000
        4.4656111590
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Novartis AG
        5493007HIVTX6SY6XD66
        Novartis AG
        H5820Q150
        
          
          
        
        16518.000000000000
        NS
        
        1450140.900000000000
        3.5725581345
        Long
        EC
        CORP
        CH
        N
        
        2
        
          N
          N
          N
        
      
      
        Fraport AG Frankfurt Airport S
        5299001ERX0K10IZUL40
        Fraport AG Frankfurt Airport Services Worldwide
        D3856U108
        
          
          
        
        14595.000000000000
        NS
        
        809055.080000000000
        1.9931830812
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Nestle SA
        KY37LUS27QQX7BB93L28
        Nestle SA
        H57312649
        
          
          
        
        11018.000000000000
        NS
        
        1432545.630000000000
        3.5292105363
        Long
        EC
        CORP
        CH
        N
        
        2
        
          N
          N
          N
        
      
      
        PepsiCo Inc
        FJSUNZKFNQ5YPJ5OT455
        PepsiCo Inc
        713448108
        
          
          
        
        7912.000000000000
        NS
        USD
        1324310.560000000000
        3.2625632886
        Long
        EC
        CORP
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        N
        
        1
        
          N
          N
          N
        
      
      
        Procter & Gamble Co/The
        2572IBTT8CCZW6AU4141
        Procter & Gamble Co/The
        742718109
        
          
          
        
        6216.000000000000
        NS
        USD
        949804.800000000000
        2.3399332192
        Long
        EC
        CORP
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        N
        
        1
        
          N
          N
          N
        
      
      
        U.S. Bank Money Market Deposit Account
        N/A
        U.S. Bank Money Market Deposit Account
        8AMMF0A84
        
          
        
        6172800.480000000000
        NS
        USD
        6172800.480000000000
        15.2072730086
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        STIV
        RF
        US
        N
        
        1
        
          N
          N
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        US Bancorp
        N1GZ7BBF3NP8GI976H15
        US Bancorp
        902973304
        
          
          
        
        23697.000000000000
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        USD
        1259495.550000000000
        3.1028854317
        Long
        EC
        CORP
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        N
        
        1
        
          N
          N
          N
        
      
      
        Visa Inc
        549300JZ4OKEHW3DPJ59
        Visa Inc
        92826C839
        
          
          
        
        8536.000000000000
        NS
        USD
        1893028.720000000000
        4.6636538232
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Walmart Inc
        Y87794H0US1R65VBXU25
        Walmart Inc
        931142103
        
          
          
        
        5239.000000000000
        NS
        USD
        780191.880000000000
        1.9220758806
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Yum! Brands Inc
        549300JE8XHZZ7OHN517
        Yum! Brands Inc
        988498101
        
          
          
        
        12329.000000000000
        NS
        USD
        1461356.370000000000
        3.6001884969
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Reckitt Benckiser Group PLC
        5493003JFSMOJG48V108
        Reckitt Benckiser Group PLC
        G74079107
        
          
          
        
        17375.000000000000
        NS
        
        1325464.690000000000
        3.2654065962
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        Red Electrica Corp SA
        5493009HMD0C90GUV498
        Red Electrica Corp SA
        E42807110
        
          
          
        
        40221.000000000000
        NS
        
        825783.070000000000
        2.0343940537
        Long
        EC
        CORP
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        N
        
        2
        
          N
          N
          N
        
      
      
        Unilever PLC
        549300MKFYEKVRWML317
        Unilever PLC
        G92087165
        
          
          
        
        24352.000000000000
        NS
        
        1100624.270000000000
        2.7114911308
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        Aena SME SA
        959800R7QMXKF0NFMT29
        Aena SME SA
        E526K0106
        
          
          
        
        6094.000000000000
        NS
        
        1015877.210000000000
        2.5027087990
        Long
        EC
        CORP
        ES
        N
        
        2
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-05-23
      Frontier Funds, Inc.
      /s/ Elyce D. Dilworth
      Frontier Funds, Inc.
      Treasurer and Assistant Secretary
    
  
  XXXX

Frontier MFG Global Equity Fund
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Number of Shares			Value
COMMON STOCKS 92.8%
		France 1.5%
	110,477	Safran SA	$	13,007,136

		Germany 2.8%
	228,128	SAP SE		25,283,138

		Spain 1.6%
	217,681	Amadeus IT Group SA (a)		14,153,281

		Switzerland 7.7%
	259,448	Nestle SA		33,733,082
	394,527	Novartis AG		34,636,139
				68,369,221
		United Kingdom 8.0%
	601,927	Diageo PLC		30,532,404
	13,372,283	Lloyds Banking Group PLC		8,143,261
	420,670	Reckitt Benckiser Group PLC		32,091,121
				70,766,786
		United States 71.2%
	3,898	Alphabet, Inc. - Class A (a)		10,841,702
	17,594	Alphabet, Inc. - Class C (a)		49,139,866
	8,175	Amazon.com, Inc. (a)		26,650,091
	171,976	Crown Castle International Corp.		31,746,770
	133,685	Eversource Energy		11,789,680
	31,594	HCA Healthcare, Inc.		7,918,088
	285,080	Intercontinental Exchange, Inc.		37,664,770
	101,339	Lowe's Companies, Inc.		20,489,732
	120,177	Mastercard, Inc. - Class A		42,948,856
	141,254	McDonald's Corp.		34,929,289
	101,289	Meta Platforms, Inc. - Class A (a)		22,522,622
	240,322	Microsoft Corp.		74,093,676
	70,233	Netflix, Inc. (a)		26,308,579
	257,910	PepsiCo, Inc.		43,168,976
	317,584	Starbucks Corp.		28,890,617
	203,857	The Procter & Gamble Co.		31,149,350
	395,346	U.S. Bancorp		21,012,640
	228,634	Visa, Inc. - Class A		50,704,162
	130,674	WEC Energy Group, Inc.		13,042,572
	168,234	Xcel Energy, Inc.		12,141,448
	298,514	Yum! Brands, Inc.		35,382,864
				632,536,350
		Total Common Stocks
		(Cost $520,702,191)		824,115,912

Principal Amount
SHORT-TERM INVESTMENTS 6.4%
		Money Market Deposit Account 6.4%
	56,636,326	U.S. Bank N.A., 0.046% (b)		56,636,326
		Total Short-Term Investments
		(Cost $56,636,326)		56,636,326

		Total Investments 99.2%
		(Cost $577,338,517)		880,752,238

		Other Assets in Excess of Liabilities 0.8%		7,039,102

		TOTAL NET ASSETS 100.0%	$	887,791,340

(a) Non-Income Producing.
(b) The Money Market Deposit Account ("MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and may change daily and by any amount. The rate shown is as of March 31, 2022.

Frontier MFG Global Plus Fund
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Number of Shares			Value
COMMON STOCKS 101.0%
		France 1.6%
	11,745	Safran SA	$	1,382,811

		Germany 3.1%
	24,030	SAP SE		2,663,215

		Spain 1.7%
	22,626	Amadeus IT Group SA (a)		1,471,107

		Switzerland 8.3%
	26,963	Nestle SA		3,505,692
	41,288	Novartis AG		3,624,738
				7,130,430
		United Kingdom 8.7%
	62,386	Diageo PLC		3,164,494
	1,447,527	Lloyds Banking Group PLC		881,494
	44,537	Reckitt Benckiser Group PLC		3,397,538
				7,443,526
		United States 77.6%
	415	Alphabet, Inc. - Class A (a)		1,154,260
	1,865	Alphabet, Inc. - Class C (a)		5,208,926
	849	Amazon.com, Inc. (a)		2,767,698
	17,989	Crown Castle International Corp.		3,320,769
	14,178	Eversource Energy		1,250,358
	3,356	HCA Healthcare, Inc.		841,081
	29,969	Intercontinental Exchange, Inc.		3,959,504
	10,672	Lowe's Companies, Inc.		2,157,772
	12,742	Mastercard, Inc. - Class A		4,553,736
	15,092	McDonald's Corp.		3,731,950
	10,598	Meta Platforms, Inc. - Class A (a)		2,356,571
	25,544	Microsoft Corp.		7,875,471
	7,212	Netflix, Inc. (a)		2,701,543
	27,314	PepsiCo, Inc.		4,571,817
	33,750	Starbucks Corp.		3,070,238
	21,682	The Procter & Gamble Co.		3,313,010
	41,826	U.S. Bancorp		2,223,052
	24,223	Visa, Inc. - Class A		5,371,935
	13,640	WEC Energy Group, Inc.		1,361,408
	17,675	Xcel Energy, Inc.		1,275,605
	31,991	Yum! Brands, Inc.		3,791,893
				66,858,597
		Total Common Stocks
		(Cost $54,831,568)		86,949,686

Principal Amount
SHORT-TERM INVESTMENTS 7.5%
		Money Market Deposit Account 7.5%
	6,448,063	U.S. Bank N.A., 0.046% (b)		6,448,063
		Total Short-Term Investments
		(Cost $6,448,063)		6,448,063

		Total Investments 108.5%
		(Cost $61,279,631)		93,397,749

		Liabilities in Excess of Other Assets (8.5)%		(7,285,091	)

		TOTAL NET ASSETS 100.0%	$	86,112,658

(a) Non-Income Producing.
(b) The Money Market Deposit Account ("MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and may change daily and by any amount. The rate shown is as of March 31, 2022.

Frontier MFG Global Sustainable Fund
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Number of Shares			Value
COMMON STOCKS 84.6%
		Germany 4.6%
	14,595	Fraport AG Frankfurt Airport Services Worldwide (a)	$	809,055
	9,587	SAP SE		1,062,515
				1,871,570
		Spain 4.5%
	6,094	Aena SME SA (a)		1,015,877
	40,221	Red Electrica Corp. SA		825,783
				1,841,660
		Switzerland 7.1%
	11,018	Nestle SA		1,432,546
	16,518	Novartis AG		1,450,141
				2,882,687
		United Kingdom 6.0%
	17,375	Reckitt Benckiser Group PLC		1,325,465
	24,352	Unilever PLC		1,100,624
				2,426,089
		United States 62.4%
	1,115	Alphabet, Inc. - Class C (a)		3,114,183
	356	Amazon.com, Inc. (a)		1,160,542
	390	Booking Holdings, Inc. (a)		915,896
	601	Chipotle Mexican Grill, Inc. (a)		950,800
	2,552	CME Group, Inc.		607,019
	7,456	Eversource Energy		657,545
	8,531	Intercontinental Exchange, Inc.		1,127,116
	3,965	Mastercard, Inc. - Class A		1,417,012
	3,956	McDonald's Corp.		978,240
	8,089	Meta Platforms, Inc. - Class A (a)		1,798,670
	10,108	Microsoft Corp.		3,116,397
	4,839	Netflix, Inc. (a)		1,812,641
	7,912	PepsiCo, Inc.		1,324,311
	6,216	The Procter & Gamble Co.		949,805
	23,697	U.S. Bancorp		1,259,495
	8,536	Visa, Inc. - Class A		1,893,029
	5,239	Walmart, Inc.		780,192
	12,329	Yum! Brands, Inc.		1,461,356
				25,324,249
		Total Common Stocks
		(Cost $32,119,796)		34,346,255

Principal Amount
SHORT-TERM INVESTMENTS 15.2%
		Money Market Deposit Account 15.2%
	6,172,800	U.S. Bank N.A., 0.046% (b)		6,172,800
		Total Short-Term Investments
		(Cost $6,172,800)		6,172,800

		Total Investments 99.8%
		(Cost $38,292,596)		40,519,055

		Other Assets in Excess of Liabilities 0.2%		72,054

		TOTAL NET ASSETS 100.0%	$	40,591,109

(a) Non-Income Producing.
(b) The Money Market Deposit Account ("MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and may change daily and by any amount. The rate shown is as of March 31, 2022.

Frontier MFG Core Infrastructure Fund
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Number of Shares			Value
COMMON STOCKS 97.5%
		Australia 5.0%
	1,352,533	APA Group	$	10,749,741
	1,011,460	Atlas Arteria Ltd.		4,922,664
	2,399,037	Transurban Group		24,239,804
				39,912,209
		Canada 14.8%
	723,920	Algonquin Power & Utilities Corp.		11,228,100
	203,695	Canadian Utilities Ltd. - Class A		6,243,725
	263,453	Emera, Inc.		13,059,379
	511,795	Enbridge, Inc.		23,560,214
	479,244	Fortis, Inc. (a)		23,702,481
	617,814	Hydro One Ltd.		16,644,383
	411,448	TC Energy Corp.		23,206,174
				117,644,456
		Chile 0.1%
	5,274,187	Aguas Andinas SA - Class A		1,121,470

		France 6.6%
	114,400	Aeroports de Paris		17,107,261
	640,878	Getlink SE (a)		11,542,056
	235,815	Vinci SA		24,093,978
				52,743,295
		Germany 0.8%
	108,209	Fraport AG Frankfurt Airport Services Worldwide (a)		5,998,427

		Hong Kong 2.0%
	2,446,659	Power Assets Holdings Ltd.		15,944,997

		Italy 6.9%
	247,270	ACEA SpA		4,540,227
	620,962	Enav SpA		2,863,586
	895,412	Italgas SpA		5,744,513
	3,852,476	Snam SpA		22,215,620
	2,304,008	Terna SpA		19,785,269
				55,149,215
		Mexico 2.6%
	357,901	Grupo Aeroportuario del Centro Norte SAB de CV (a)		2,664,014
	489,747	Grupo Aeroportuario del Pacifico SAB de CV - Class B		7,894,801
	317,446	Grupo Aeroportuario del Sureste SAB de CV - Class B (a)		7,051,004
	384,575	Promotora y Operadora de Infraestructura SAB de CV		3,053,591
				20,663,410
		Netherlands 0.6%
	135,290	Koninklijke Vopak NV		4,377,250

		New Zealand 1.6%
	1,729,684	Auckland International Airport Ltd.		9,358,650
	1,041,115	Vector Ltd.		2,908,865
				12,267,515
		Portugal 0.3%
	634,048	REN - Redes Energeticas Nacionais SGPS SA		1,996,544

		Spain 8.7%
	155,447	Aena SME SA (a)		25,913,204
	500,167	Cellnex Telecom SA		24,070,369
	300,317	Enagas SA		6,668,963
	620,227	Red Electrica Corp. SA		12,733,969
				69,386,505
		Switzerland 0.8%
	35,977	Flughafen Zuerich AG (a)		6,457,399

		United Kingdom 6.4%
	1,535,180	National Grid PLC		23,592,912
	284,440	Pennon Group PLC		4,003,277
	290,640	Severn Trent PLC		11,713,998
	790,297	United Utilities Group PLC		11,637,498
				50,947,685
		United States 40.3%
	18,227	ALLETE, Inc.		1,220,845
	96,877	Alliant Energy Corp.		6,052,875
	101,788	Ameren Corp.		9,543,643
	158,545	American Electric Power Co., Inc.		15,818,035
	14,639	American States Water Co.		1,303,164
	62,209	American Tower Corp.		15,628,145
	71,395	American Water Works Co., Inc.		11,818,014
	52,458	Atmos Energy Corp.		6,268,206
	154,505	Avangrid, Inc.		7,221,564
	28,677	Avista Corp.		1,294,767
	21,592	Black Hills Corp.		1,663,016
	19,730	California Water Service Group		1,169,594
	250,397	CenterPoint Energy, Inc.		7,672,164
	6,133	Chesapeake Utilities Corp.		844,882
	117,403	CMS Energy Corp.		8,211,166
	140,833	Consolidated Edison, Inc.		13,334,069
	84,255	Crown Castle International Corp.		15,553,473
	191,275	Dominion Energy Corp.		16,252,637
	77,216	DTE Energy Co.		10,208,727
	153,205	Duke Energy Corp.		17,106,870
	78,524	Entergy Corp.		9,167,677
	97,799	Essential Utilities, Inc.		5,000,463
	88,836	Evergy, Inc.		6,071,052
	134,478	Eversource Energy		11,859,615
	216,966	FirstEnergy Corp.		9,950,061
	16,744	IDACORP, Inc.		1,931,588
	13,704	MGE Energy, Inc.		1,093,442
	7,030	Middlesex Water Co.		739,345
	157,688	NiSource, Inc.		5,014,478
	7,085	Northwest Natural Holding Company		366,436
	18,732	NorthWestern Corp.		1,133,099
	77,248	OGE Energy Corp.		3,150,173
	18,663	ONE Gas, Inc.		1,646,823
	45,047	Pinnacle West Capital Corp.		3,518,171
	27,411	PNM Resources, Inc.		1,306,682
	33,147	Portland General Electric Co.		1,828,057
	295,304	PPL Corp.		8,433,882
	43,273	SBA Communications Corp.		14,890,239
	98,616	Sempra Energy		16,579,322
	12,488	SJW Group		868,915
	39,424	South Jersey Industries, Inc.		1,362,099
	19,130	Spire, Inc.		1,372,769
	234,865	The Southern Co.		17,030,061
	125,445	WEC Energy Group, Inc.		12,520,666
	209,526	Xcel Energy, Inc.		15,121,491
				320,142,462
		Total Common Stocks
		(Cost $568,972,002)		774,752,839

CLOSED-END FUNDS 1.2%
		United Kingdom 1.2%
	2,040,210	HICL Infrastructure PLC		4,761,498
	1,954,316	International Public Partnerships Ltd.		4,438,434
				9,199,932
		Total Closed-End Funds
		(Cost $8,305,646)		9,199,932

Principal Amount
SHORT-TERM INVESTMENTS 2.4%
		Money Market Deposit Account 2.4%
	19,409,536	U.S. Bank N.A., 0.046% (b)		19,409,536
		Total Short-Term Investments
		(Cost $19,409,536)		19,409,536

		Total Investments 101.1%
		(Cost $596,687,184)		803,362,307

		Liabilities in Excess of Other Assets (1.1)%		(9,077,247	)

		TOTAL NET ASSETS 100.0%	$	794,285,060

(a) Non-Income Producing.
(b) The Money Market Deposit Account ("MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and may change daily and by any amount. The rate shown is as of March 31, 2022.

Frontier MFG Select Infrastructure Fund
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Number of Shares			Value
COMMON STOCKS 95.9%
		Australia 9.7%
	899,437	Atlas Arteria Ltd.	$	4,377,461
	927,141	Transurban Group		9,367,808
				13,745,269
		Canada 3.4%
	104,581	Enbridge, Inc.		4,814,332

		France 6.9%
	23,264	Aeroports de Paris		3,478,875
	61,432	Vinci SA		6,276,705
				9,755,580
		Italy 5.7%
	227,754	Atlantia SpA		4,735,614
	565,215	Snam SpA		3,259,359
				7,994,973
		Netherlands 0.8%
	35,035	Koninklijke Vopak NV		1,133,542

		New Zealand 1.0%
	266,227	Auckland International Airport Ltd.		1,440,451

		Spain 8.4%
	37,766	Aena SME SA (a)		6,295,639
	271,061	Red Electrica Corp. SA		5,565,192
				11,860,831
		United Kingdom 9.8%
	343,498	National Grid PLC		5,278,936
	93,803	Severn Trent PLC		3,780,650
	320,272	United Utilities Group PLC		4,716,157
				13,775,743
		United States 50.2%
	32,321	Alliant Energy Corp.		2,019,416
	22,835	American Tower Corp.		5,736,609
	11,360	American Water Works Co., Inc.		1,880,421
	18,679	Atmos Energy Corp.		2,231,954
	41,830	CMS Energy Corp.		2,925,590
	31,977	Crown Castle International Corp.		5,902,954
	126,236	CSX Corp.		4,727,538
	83,658	Dominion Energy Corp.		7,108,420
	74,116	Evergy, Inc.		5,065,087
	67,219	Eversource Energy		5,928,044
	20,630	Norfolk Southern Corp.		5,884,089
	43,092	Sempra Energy		7,244,627
	11,039	Union Pacific Corp.		3,015,965
	53,786	WEC Energy Group, Inc.		5,368,381
	79,191	Xcel Energy, Inc.		5,715,214
				70,754,309
		Total Common Stocks
		(Cost $113,761,148)		135,275,030

Principal Amount
SHORT-TERM INVESTMENTS 3.7%
		Money Market Deposit Account 3.7%
	5,254,638	U.S. Bank N.A., 0.046% (b)		5,254,638
		Total Short-Term Investments
		(Cost $5,254,638)		5,254,638

		Total Investments 99.6%
		(Cost $119,015,786)		140,529,668

		Other Assets in Excess of Liabilities 0.4%		491,680

		TOTAL NET ASSETS 100.0%	$	141,021,348

(a) Non-Income Producing.
(b) The Money Market Deposit Account ("MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and may change daily and by any amount. The rate shown is as of March 31, 2022.

Frontier HyperiUS Global Equity Fund
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Number of Shares			Value
COMMON STOCKS 97.7%
		France 6.9%
	311	Hermes International	$	440,175
	548	Kering SA		345,969
	235	LVMH Moet Hennessy Louis Vuitton SE		167,744
				953,888
		Sweden 4.1%
	3,796	Spotify Technology SA (a)		573,272

		United States 86.7%
	3,889	Airbnb, Inc. - Class A (a)		667,975
	221	Alphabet, Inc. - Class A (a)		614,678
	438	Amazon.com, Inc. (a)		1,427,858
	10,726	Block, Inc. - Class A (a)		1,454,445
	1,008	Costco Wholesale Corp.		580,457
	717	Intuit, Inc.		344,762
	1,432	Intuitive Surgical, Inc. (a)		432,006
	740	Mastercard, Inc. - Class A		264,461
	1,378	Meta Platforms, Inc. - Class A (a)		306,412
	3,231	Microsoft Corp.		996,149
	4,032	PayPal Holdings, Inc. (a)		466,301
	3,304	Roku, Inc.- Class A (a)		413,892
	2,102	Salesforce, Inc. (a)		446,297
	1,393	ServiceNow, Inc. (a)		775,748
	1,599	Tesla, Inc. (a)		1,723,083
	2,744	Visa, Inc. - Class A		608,537
	2,380	Workday, Inc. - Class A (a)		569,915
				12,092,976
		Total Common Stocks
		(Cost $14,641,078)		13,620,136

Principal Amount
SHORT-TERM INVESTMENTS 2.5%
		Money Market Deposit Account 2.5%
	342,095	U.S. Bank N.A., 0.046% (b)		342,095
		Total Money Market Funds
		(Cost $342,095)		342,095

		Total Investments 100.2%
		(Cost $14,983,173)		13,962,231

		Liabilities in Excess of Other Assets (0.2)%		(20,629	)

		TOTAL NET ASSETS 100.0%	$	13,941,602

(a) Non-Income Producing.
(b) The Money Market Deposit Account ("MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and may change daily and by any amount. The rate shown is as of March 31, 2022.

Investment Valuation – Securities are valued at their fair value. Equity securities that are traded on a national securities exchange, except for those traded on NASDAQ Global Market, NASDAQ Global Select Market and NASDAQ Capital Market exchanges (together, “NASDAQ”), for which market quotations are readily available are valued at the last reported sale price on the national securities exchange on which such securities are principally traded. Equity securities that are traded on NASDAQ are valued using the NASDAQ Official Closing Price (“NOCP”). Equity securities for which there were no transactions on a given day or securities not listed on a national securities exchange are valued at the most recent quoted bid price. Debt securities are valued at the bid price provided by an independent pricing service, which uses valuation methods such as matrix pricing and other analytical pricing models, as well as market transactions and other market inputs. Shares of underlying mutual funds are valued at their respective Net Asset Value (“NAV”). Deposit accounts are valued at acquisition cost, which approximates fair value. Exchange traded funds and closed-end funds are valued at the last reported sale price on the exchange on which the security is principally traded. Securities that are primarily traded on foreign exchanges generally are valued at the last sale price of such securities on their respective exchange. In the case of foreign securities, the occurrence of events after the close of the foreign markets, but prior to the time a Fund’s NAV is calculated, will result in a systematic fair value adjustment to the trading prices of foreign securities provided that there is a movement in the markets that exceeds a threshold established by the Board of Directors (the “Board”) and provided the fair value prices exceed a pre-established confidence level. The Funds will also value foreign securities at fair value using fair valuation procedures approved by the Board in the case of other significant events relating to a particular foreign issuer or market. In such cases, use of fair valuation can reduce an investor’s ability to seek to profit by estimating the Fund’s NAV in advance of the time the NAV is calculated. The Board has retained an independent fair value pricing service to assist in valuing foreign securities held by the Funds. In valuing assets, prices denominated in foreign currencies are converted to U.S. dollar equivalents at the current exchange rate, which approximates fair value. Any securities or other assets for which market quotations are not readily available are valued at their fair value as determined in good faith by the Adviser or a subadviser pursuant to guidelines established by the Board. The Board has appointed a Valuation Committee to assist the Board in its oversight of the Funds’ valuation procedures.

The Funds follow a fair value hierarchy that distinguishes between market data obtained from independent sources (observable inputs) and the Funds' own market assumptions (unobservable inputs). These inputs are used in determining the value of each Fund's investments and are summarized in the following fair value hierarchy:

Level 1 — Quoted prices in active markets for identical securities that the Funds have the ability to access

Level 2 — Evaluated prices based on other significant observable inputs (including quoted prices for similar securities, foreign security indices, foreign exchange rates, fair value estimates for foreign securities and changes in benchmark securities indices)

Level 3 — Significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments)

The following is a summary of inputs used to value the Funds’ securities as of March 31, 2022:

Global Equity Fund


Description	Level 1		Level 2		Level 3		Total
Equity ^(a)
Common Stocks	$	632,536,350	$	191,579,562	$	-	$	824,115,912
Total Equity		632,536,350		191,579,562		-		824,115,912
Short-Term Investments		56,636,326		-		-		56,636,326
Total Investments in Securities	$	689,172,676	$	191,579,562	$	-	$	880,752,238


Global Plus Fund


Description	Level 1		Level 2		Level 3		Total
Equity ^(a)
Common Stocks	$	66,858,597	$	20,091,089	$	-	$	86,949,686
Total Equity		66,858,597		20,091,089		-		86,949,686
Short-Term Investments		6,448,063		-		-		6,448,063
Total Investments in Securities	$	73,306,660	$	20,091,089	$	-	$	93,397,749


Global Sustainable Fund


Description	Level 1		Level 2		Level 3		Total
Equity ^(a)
Common Stocks	$	25,324,249	$	9,022,006	$	-	$	34,346,255
Total Equity		25,324,249		9,022,006		-		34,346,255
Short-Term Investments		6,172,800		-		-		6,172,800
Total Investments in Securities	$	31,497,049	$	9,022,006	$	-	$	40,519,055


Core Fund


Description	Level 1		Level 2		Level 3		Total
Equity ^(a)
Common Stocks	$	474,395,325	$	300,357,514	$	-	$	774,752,839
Closed-End Funds		-		9,199,932		-		9,199,932
Total Equity		474,395,325		309,557,446		-		783,952,771
Short-Term Investments		19,409,536		-		-		19,409,536
Total Investments in Securities	$	493,804,861	$	309,557,446	$	-	$	803,362,307


Select Fund


Description	Level 1		Level 2		Level 3		Total
Equity ^(a)
Common Stocks	$	75,568,641	$	59,706,389	$	-	$	135,275,030
Total Equity		75,568,641		59,706,389		-		135,275,030
Short-Term Investments		5,254,638		-		-		5,254,638
Total Investments in Securities	$	80,823,279	$	59,706,389	$	-	$	140,529,668


HyperiUS Fund


Description	Level 1		Level 2		Level 3		Total
Equity ^(a)
Common Stocks	$	12,666,248	$	953,888	$	-	$	13,620,136
Total Equity		12,666,248		953,888		-		13,620,136
Short-Term Investments		342,095		-		-		342,095
Total Investments in Securities	$	13,008,343	$	953,888	$	-	$	13,962,231

(a) See each Fund's Schedule of Investments for sector or country classifications.

Tax Disclosure - Each Fund intends to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended, necessary to qualify as a regulated investment company and to make the requisite distributions of income and capital gains to its shareholders sufficient to relieve it from all or substantially all federal income taxes. Therefore, no federal income tax provision has been provided.

The Funds have adopted financial reporting rules regarding recognition and measurement of tax positions taken or expected to be taken on a tax return. The Funds recognize interest and penalties, if any, as income tax expense on the Statements of Operations. During the period, the Funds did not incur any interest or penalties. The Funds have reviewed all open tax years and concluded that there is no effect to any of the Fund's financial positions or results of operations and no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on a tax return. The Funds have no examinations in progress.

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