Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Namibia Breweries

Market Cap: R6.2b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Evergent Investments

Market Cap: RON 2.4b

A publicly owned investment manager.

Potasios de Chile

Market Cap: CL$579.7b

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.7m

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Southern Michigan Bancorp

Market Cap: US$109.8m

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.

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥4.8b

Researches, develops, manufactures, installs, sells, and maintains elevators in China and internationally.

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.

Oakworth Capital

Market Cap: US$177.7m

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

Jadranski naftovod d.d

Market Cap: €775.9m

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

Inverfal PerúA

Market Cap: S/1.9b

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

Productive Business Solutions

Market Cap: US$169.4m

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

Procimmo Group

Market Cap: CHF 360.4m

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

SALUS Ljubljana d. d

Market Cap: €407.7m

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

TPP-Bobov Dol AD

Market Cap: лв242.0m

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.

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.

Capricorn Group

Market Cap: R11.7b

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

Zambia Sugar

Market Cap: K20.7b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$30.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Union Bankshares

Market Cap: US$106.0m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Shenzhen China Micro Semicon

Market Cap: CN¥13.0b

An integrated circuit design company, focuses on the research and development of digital-analog mixed-signal chips and analog chips in China.

Korea Ratings

Market Cap: ₩442.5b

Provides credit rating and business valuation services in South Korea.

Surya Citra Media

Market Cap: Rp23.9t

Provides multimedia services in Indonesia.

Taiyo KagakuLtd

Market Cap: JP¥39.2b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Konishi

Market Cap: JP¥82.8b

Manufactures and sells synthetic adhesives in Japan.

Anapass

Market Cap: ₩217.0b

Operates as a SoC semiconductor provider in the display market in South Korea.

Ibrahim Fibres

Market Cap: PK₨88.6b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Hollyland (China) Electronics Technology

Market Cap: CN¥3.0b

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

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.2b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Torigoe

Market Cap: JP¥26.3b

Manufactures and sells flours and related products in Japan.