Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Tien Phong Plastic

Market Cap: ₫10.0t

Manufactures and trades in plastic pipes and fittings for civil and industrial use in Vietnam.

Hafary Holdings

Market Cap: S$204.5m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Jordanian Duty Free Shops

Market Cap: د.أ139.5m

Invests in, operates, and manages duty-free shops.

Shahjalal Islami Bank

Market Cap: ৳19.3b

Provides commercial banking products and services in Bangladesh.

TechNVision Ventures

Market Cap: ₹36.3b

Provides information technology products and services in India and internationally.

Southeast Asia Commercial Bank

Market Cap: ₫47.5t

Provides retail and corporate banking products and services in Vietnam.

PAN Group

Market Cap: ₫6.6t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

AMCIL

Market Cap: AU$290.6m

Amcil Limited is a publicly owned investment manager.

Cairo Amman Bank

Market Cap: د.أ284.0m

Provides various banking and financial services for corporate and institutional customers.

Mulpha International Bhd

Market Cap: RM 909.3m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Bahrain National Holding Company B.S.C

Market Cap: ب.د64.7m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.

Joyce

Market Cap: AU$175.1m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Hua Na Hydropower

Market Cap: ₫5.1t

Engages in the investment, production, and trading of electricity in Vietnam.

Gulf Insurance Group - Jordan

Market Cap: د.أ92.3m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

HOMAG Group

Market Cap: €392.2m

Manufactures and sells machines and solutions for wood processing and timber construction industries worldwide.

Vietnam National Reinsurance

Market Cap: ₫4.2t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Central Forest Group

Market Cap: JP¥23.2b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Bank of Africa Mali

Market Cap: XOF 128.2b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Fidelity Life Assurance of Zimbabwe

Market Cap: US$62.4m

Provides life and funeral assurance, asset management, actuarial consultancy and micro-financing services in Zimbabwe and Malawi.

Procimmo Group

Market Cap: CHF 427.9m

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

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €576.0m

Operates as a cooperative bank in France.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 609.1b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

High Templar Tech

Market Cap: US$375.8m

Operates as a consumer-oriented financial technology service company in the People’s Republic of China.

New Mauritius Hotels

Market Cap: MU₨7.6b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Lion Capital

Market Cap: RON 2.2b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

GB Holdings

Market Cap: US$64.1m

Produces rubber and chemical products in Zimbabwe.

Envirotainer

Market Cap: €392.2m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Winchester Bancorp

Market Cap: US$120.4m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Affinity Bancshares

Market Cap: US$136.8m

Operates as the holding company for Affinity Bank, National Association that provides various banking products and services in the United States.

Potasios de Chile

Market Cap: CL$1.0t

Invests in shares and other financial instruments in Chile.

Empresas Lipigas

Market Cap: CL$929.9b

Provides energy solutions through the marketing, distribution, and sale of liquefied petroleum gas (LPG), natural gas (NG), liquefied natural gas (LNG), and electricity for residential, commercial, and industrial use in Chile, Colombia, Peru, and Ecuador.

Inversiones Doalca SOCIMI

Market Cap: €156.7m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.