Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Gulf Insurance Group - Jordan

Market Cap: د.أ92.0m

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

First National Bank of Botswana

Market Cap: P13.5b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Freetrailer Group

Market Cap: €675.1m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Capricorn Group

Market Cap: R11.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł880.6m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Eurofins-Cerep

Market Cap: €88.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Southern Michigan Bancorp

Market Cap: US$106.8m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

MCH Group

Market Cap: CHF 108.2m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Standard Bank

Market Cap: MK 871.1b

Provides banking and other related services in Malawi.

Jadranski naftovod d.d

Market Cap: €831.3m

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

Central Cooperative Bank AD

Market Cap: лв218.7m

A commercial bank, provides various financial products and services.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

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.

Potasios de Chile

Market Cap: CL$488.6b

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

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

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

Sugar Terminals

Market Cap: AU$363.6m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Shangri-La Hotel

Market Cap: ฿5.9b

Operates hotels in Bangkok and Chiang Mai provinces.

Wealth First Portfolio Managers

Market Cap: ₹13.4b

Provides share and stock broking services in India.

System ResearchLtd

Market Cap: JP¥34.2b

Offers software development services in Japan.

Guangdong Delian Group

Market Cap: CN¥4.1b

Engages in the automobile fine chemicals, automobile sales service, and automobile repair and maintenance businesses, and development of new application scenarios in China.

Zhejiang Wanfeng ChemicalLtd

Market Cap: CN¥2.3b

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

Alltek Technology

Market Cap: NT$7.9b

Operates as a communication components distributor and solution provider in Taiwan, China, and internationally.

Toukei Computer

Market Cap: JP¥75.1b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Indo Amines

Market Cap: ₹10.8b

Engages in the manufacture, distribution, and sale of fine and specialty chemicals in India and internationally.

Kaneko Seeds

Market Cap: JP¥15.7b

Engages in the agribusiness in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥124.9b

A regional financial institution, provides various financial products and services in Japan and internationally.

Hong Ho Precision TextileLtd

Market Cap: NT$3.0b

Manufactures and sells various textiles in Taiwan.

Fengyinhe Holdings

Market Cap: HK$1.3b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Qingdao Eastsoft Communication TechnologyLtd

Market Cap: CN¥8.4b

Research and develops power line carrier and AMI communication solutions in China.

Renxin New MaterialLtd

Market Cap: CN¥3.0b

Engages in the research and development, production, and sale of polystyrene polymer materials in China.