Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Potasios de Chile

Market Cap: CL$536.2b

Engages in investment in shares and other financial instruments in Chile.

Jamuna Bank

Market Cap: ৳15.9b

Provides various banking products and services in Bangladesh.

Jadranski naftovod d.d

Market Cap: €801.1m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Darwin

Market Cap: €96.6m

Operates as a biotechnology company.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Tohoku Steel

Market Cap: JP¥14.9b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

Waja

Market Cap: ر.س497.7m

Engages in the construction, media and communication, and information technology businesses.

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Keir International

Market Cap: ر.س474.0m

Provides a range of service solutions.

Sinomag Technology

Market Cap: CN¥4.6b

Engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide.

Wuxi Huadong Heavy Machinery

Market Cap: CN¥6.8b

Manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China.

Ve Wong

Market Cap: NT$9.4b

Produces and distributes foods, drinks, and seasonings in Taiwan, Thailand, and Vietnam.

Hong Tai Electric Industrial

Market Cap: NT$11.3b

Manufactures, processes, and sells wires and cables, communication products and accessories, and copper foil substrates.

Xiangyang Changyuandonggu Industry

Market Cap: CN¥7.2b

Xiangyang Changyuandonggu Industry Co., Ltd.

Rrp Semiconductor

Market Cap: ₹21.7b

Trades in electronic parts in India.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥2.5b

Engages in the research and development, production, and sale of precipitated silica.

Hind Rectifiers

Market Cap: ₹21.9b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك418.0m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Shenzhen iN-Cube Automation

Market Cap: CN¥3.9b

Engages in the research and development, manufacture, and sale of industrial automation equipment, automation equipment accessories and related technical services in China and internationally.

Zhejiang Haisen Pharmaceutical

Market Cap: CN¥3.5b

Engages in the research and development, production, and sale of chemical active pharmaceutical ingredient and intermediates in China.

Neosem

Market Cap: ₩405.9b

Manufactures and sells semiconductor inspection equipment.

Shenzhen Leaguer

Market Cap: CN¥9.8b

Engages in the design, manufacturing, and service provision of plastic packaging solutions for cosmetics, daily necessities, health products, and food in China and internationally.

Shenzhen Fenda Technology

Market Cap: CN¥12.3b

Develops, manufactures, and sells intelligent hardware integrated solutions in China.

Shangri-La Hotel

Market Cap: ฿6.3b

Operates hotels in Bangkok and Chiang Mai provinces.

Yantai Ishikawa Sealing Technology

Market Cap: CN¥3.1b

Yantai Ishikawa Sealing Technology Co., Ltd.

Xiamen King Long Motor Group

Market Cap: CN¥9.1b

Engages in the research and development, design, manufacturing, and sale of bus products in China and internationally.

Zhejiang Wanfeng ChemicalLtd

Market Cap: CN¥2.1b

Engages in the research, development, production, and sale of disperse dyes and filter cakes in China and internationally.

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥3.5b

Engages in the production and operation of methanol products in China.

Qingmu Tec

Market Cap: CN¥4.7b

Provides brand retail solutions.

Indofood Agri Resources

Market Cap: S$432.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Ryoyu Systems

Market Cap: JP¥44.6b

Provides information technology (IT) solutions for various industries in Japan.