Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jadranski naftovod d.d

Market Cap: €796.0m

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

Xiamen Jiarong TechnologyLtd

Market Cap: CN¥3.8b

Manufactures and sells environmental protection equipment.

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$25.3b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.

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.

Inverfal PerúA

Market Cap: S/1.6b

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

Practic

Market Cap: RON 772.1m

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

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

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

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Productive Business Solutions

Market Cap: US$139.3m

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

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.

Oakworth Capital

Market Cap: US$174.7m

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

Tri-County Financial Group

Market Cap: US$116.5m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Capricorn Group

Market Cap: R11.7b

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

Namibia Breweries

Market Cap: R6.2b

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

Hangzhou Hirisun Technology

Market Cap: CN¥5.0b

Engages in power information system integration business in China.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Zambia Sugar

Market Cap: K20.7b

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

Hermes Transportes Blindados

Market Cap: S/719.8m

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Advancetek EnterpriseLtd

Market Cap: NT$11.9b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

AzureWave Technologies

Market Cap: NT$10.2b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Cota

Market Cap: JP¥32.8b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

MNtech

Market Cap: ₩347.0b

Manufactures and sells optical films for televisions in South Korea.

Daewon Cable

Market Cap: ₩279.9b

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

Nippon Sharyo

Market Cap: JP¥49.3b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

OUG Holdings

Market Cap: JP¥21.0b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥156.8b

A regional financial institution, provides various financial products and services in Japan and internationally.

Qijing Machinery

Market Cap: CN¥3.7b

Researches and develops, produces, and sells electric tool parts in China.

Aurora OptoelectronicsLtd

Market Cap: CN¥10.0b

Engages in the research and development, production, and sale of sapphire crystal materials in China.

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥5.0b

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

OpenWork

Market Cap: JP¥20.8b

Develops and manages a job and recruitment information platform in Japan.

Daoming Optics&ChemicalLtd

Market Cap: CN¥6.7b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.5b

TianJin JinRong TianYu Precision Machinery Inc.