Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Engages distribution of electricity in Peru.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

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

Market Cap: Mex$30.3b

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

Practic

Market Cap: RON 712.8m

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

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Hermes Transportes Blindados

Market Cap: S/719.8m

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥5.6b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Hangzhou Zhengqiang

Market Cap: CN¥4.8b

Engages in the production and sale of automobile products in China and internationally.

Cahaya Aero Services

Market Cap: Rp5.9t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

GTS Internasional

Market Cap: Rp2.0t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Billion Industrial Holdings

Market Cap: HK$10.1b

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.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥6.4b

Provides green energy solutions worldwide.

Advanced International Multitech

Market Cap: NT$9.1b

Advanced International Multitech Co., Ltd.

Standard Chartered Bank Kenya

Market Cap: KSh117.5b

Provides various banking products and services for individuals and businesses.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك187.9m

Engages in insurance and reinsurance operations in Kuwait.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك32.1m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك47.6m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Daewon Cable

Market Cap: ₩327.8b

Manufactures and sells cables and wires in South Korea and internationally.

TSTE

Market Cap: ฿4.0b

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

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.6b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

Danang Port

Market Cap: ₫3.4t

Offers port services in Vietnam.

Quality Reliability Technology

Market Cap: ₩178.9b

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

Shenke Slide Bearing

Market Cap: CN¥2.8b

Researches, develops, produces, and sells thick-walled sliding bearings and accessories in the People’s Republic of China and internationally.

Suzhou Chunqiu Electronic Technology

Market Cap: CN¥6.6b

Suzhou Chunqiu Electronic Technology Co., Ltd.

Chudenko

Market Cap: JP¥227.2b

Operates as an equipment engineering company in Japan.

Oriental Precision & EngineeringLtd

Market Cap: ₩421.8b

Oriental Precision & Engineering Co.,Ltd.

Shenzhen Coship Electronics

Market Cap: CN¥11.0b

Engages in the manufacture and sale of smart home products and services worldwide.

Tech Semiconductors

Market Cap: CN¥8.8b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥23.4b

Manages and operates ski resorts in Japan.

Uniplus Electronics

Market Cap: NT$6.2b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.1b

Provides smart wearables and mobile medical care products in China and internationally.

Kondotec

Market Cap: JP¥42.4b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.