Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Liburnia Riviera Hoteli d.d

Market Cap: €174.0m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Engages distribution of electricity in Peru.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

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

Hermes Transportes Blindados

Market Cap: S/719.8m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

DoshishaLtd

Market Cap: JP¥103.9b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

Southeast Asia Commercial Bank

Market Cap: ₫49.6t

Provides retail and corporate banking products and services in Vietnam.

Nestlé Pakistan

Market Cap: PK₨364.4b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

Otec

Market Cap: JP¥30.2b

Trades pipework equipment in Japan.

Hearts and Minds Investments

Market Cap: AU$739.6m

n/a

Ha Giang Mineral Mechanics

Market Cap: ₫3.5t

Explores, extracts, and process mineral ores in Vietnam and internationally.

Pizu Group Holdings

Market Cap: HK$3.3b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

GDEP ADVANCEInc

Market Cap: JP¥15.9b

Engages in the system incubation business in Japan.

CHANGE HoldingsInc

Market Cap: JP¥76.6b

Engages in the digital transformation (DX) business in Japan.

Soft-World International

Market Cap: NT$15.2b

Develops, operates, and distributes games in Taiwan and China.

Taisun Enterprise

Market Cap: NT$8.9b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, fodder, and soybean flour products in Taiwan.

Changjiu Holdings

Market Cap: HK$1.1b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥9.8b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Q P Group Holdings

Market Cap: HK$915.0m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.

Poly Plastic Masterbatch (SuZhou)Ltd

Market Cap: CN¥6.0b

Engages in the research and development, production, and sale of chemical fiber solution colorings and advanced functional modified materials in China and internationally.

LanZhou Foci PharmaceuticalLtd

Market Cap: CN¥4.6b

Research and development, production, and sales of traditional chinese medicines and health products in China.

Shenzhen Jdd Tech New Material

Market Cap: CN¥6.5b

Engages in the research, design, development, production and sale of modified polymer protective materials in China.

CYMECHS

Market Cap: ₩193.2b

A tool automation company, engages in the provision of core system components for semiconductor manufacturing in South Korea.

Nanfang Ventilator

Market Cap: CN¥5.6b

Designs and manufactures HVAC products in China.

Shenzhen Zhongheng Huafa

Market Cap: CN¥3.0b

Produces and sells injection molded parts, foam parts, and liquid crystal display monitors.

Gallantt Ispat

Market Cap: ₹126.2b

Engages in manufacture and sale of iron and steel products in India.

Ohashi Technica

Market Cap: JP¥26.2b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

Quality Reliability Technology

Market Cap: ₩184.0b

Provides semiconductor reliability evaluation and defect analysis services in South Korea and internationally.

Hollyland (China) Electronics Technology

Market Cap: CN¥2.8b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.