Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

SALUS Ljubljana d. d

Market Cap: €397.8m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Capricorn Group

Market Cap: R13.2b

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

Liburnia Riviera Hoteli d.d

Market Cap: €154.3m

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

Mendelson Infrastructures & Industries

Market Cap: ₪591.5m

Engages in the supply of conduction and flow products in Israel.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Morris State Bancshares

Market Cap: US$266.3m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

Southern Michigan Bancorp

Market Cap: US$113.3m

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.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.0b

Provides wholesale banking services worldwide.

FineMark Holdings

Market Cap: US$463.4m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Productive Business Solutions

Market Cap: US$178.8m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Oakworth Capital

Market Cap: US$180.2m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Practic

Market Cap: RON 760.3m

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

Kinpo Electronics

Market Cap: NT$34.4b

Designs, manufactures, and sells consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.

Maezawa Kasei Industries

Market Cap: JP¥31.3b

Produces and sells water and sewerage related products, and environmental equipment.

Marusan Securities

Market Cap: JP¥65.7b

Engages in the financial products trading business in Japan.

Kung Sing Engineering

Market Cap: NT$10.3b

Engages in the construction business in Taiwan.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.3b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥5.6b

Provides green energy solutions worldwide.

Buana Artha Anugerah

Market Cap: Rp2.6t

Provides asset management services in Indonesia.

CTCI Advanced Systems

Market Cap: NT$4.8b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Pizu Group Holdings

Market Cap: HK$3.4b

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

Konishi

Market Cap: JP¥84.4b

Manufactures and sells synthetic adhesives in Japan.

Joyce

Market Cap: AU$157.0m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Menthobi Karyatama Raya

Market Cap: Rp1.8t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.

Chinyang Holdings

Market Cap: ₩188.4b

Through its subsidiaries, engages in the manufacture and sale of plastic and automotive part products.

Billion Industrial Holdings

Market Cap: HK$9.8b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

KP Green Engineering

Market Cap: ₹21.2b

Engages in engineering and manufacture of steel structure in India.