Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Capricorn Group

Market Cap: R11.7b

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Namibia Breweries

Market Cap: R6.0b

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

Mangold Fondkommission

Market Cap: SEK 951.1m

Provides financial services to companies, institutions, and private individuals in Sweden.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

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.

Hermes Transportes Blindados

Market Cap: S/719.8m

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ88.9m

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

Lumax International

Market Cap: NT$9.5b

Provides electronic components and program-controlled instruments in Taiwan and China.

Wuxi Xinan Technology

Market Cap: CN¥2.8b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars.

YagiLtd

Market Cap: JP¥26.0b

Operates as a fiber trading company in Japan.

Anfu CE LINK

Market Cap: CN¥4.1b

Researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products.

Pacific Construction

Market Cap: NT$3.5b

Engages in the construction business in Taiwan and Malaysia.

Huasi Holding

Market Cap: CN¥2.0b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, and Hong Kong.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Triocean Industrial Corporation

Market Cap: NT$4.7b

Engages in the construction business in Taiwan.

Indo Farm Equipment

Market Cap: ₹11.4b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Hyakugo Bank

Market Cap: JP¥228.1b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥4.5b

Engages in the production and operation of methanol products in China.

Cota

Market Cap: JP¥33.2b

Manufactures and sells quasi drugs in Japan and internationally.

HG Metal Manufacturing

Market Cap: S$140.1m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Guangdong Sanhe Pile

Market Cap: CN¥5.0b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

ILSEUNG

Market Cap: ₩260.2b

Produces and sells marine equipment in South Korea and internationally.

Tech Semiconductors

Market Cap: CN¥9.2b

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

Kyungbangco.Ltd

Market Cap: ₩168.2b

Engages in textile spinning and real estate development businesses in South Korea.

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

MNtech

Market Cap: ₩355.2b

Manufactures and sells optical films for televisions in South Korea.

Huang Hsiang Construction

Market Cap: NT$15.8b

Engages in development of residential and commercial properties.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Ramco Industries

Market Cap: ₹30.9b

Engages in the building products, textiles, and power generation businesses in India.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.9b

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

Kondotec

Market Cap: JP¥42.9b

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