BATS | ETF
Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in exchange-listed companies that meet the Sub-Adviser"s definition of value ("Value Companies").
The Sub-Adviser employs a multi-step, quantitative, rules-based methodology to identify a portfolio of approximately 50 to 200 undervalued international equity securities with the potential for capital appreciation.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| EQNR | Equinor ASA | Energy | Oil & Gas Integrated | 3.12% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 2.87% | ||
| 5706 | Mitsui Mining and Smelting Co. | Industrials | Conglomerates | 2.83% |
| REP | Repsol S.A. | Energy | Oil & Gas Integrated | 2.70% |
| WPL | Woodside Petroleum Ltd | Energy | Oil, Gas & Consumable Fuels | 2.54% |
| GALP | Galp Energia SGPS S.A. | Energy | Oil & Gas Integrated | 2.41% |
| U0Y | GREATLAND RESOURCES LTD. | Basic Materials | Gold | 2.41% |
| EVN | Evolution Mining Ltd | Basic Materials | Gold | 2.40% |
| STO | Santos Ltd | Energy | Oil & Gas E&P | 2.40% |
| 7735 | Dainippon Screen Mfg. Co. Ltd. | Technology | Semiconductor Equipment & Materials | 2.32% |
| TW10 | TENARIS S.A. DL 1 | Energy | Oil & Gas Equipment & Services | 2.32% |
| MIICF | Millicom International Cellular S.A | Other | Other | 2.28% |
| 1605 | Inpex Corp. | Energy | Oil & Gas E&P | 2.24% |
| NHY | Norsk Hydro ASA | Basic Materials | Aluminum | 2.24% |
| ERIC-B | Telefonaktiebolaget LM Ericsson (publ) | Technology | Communication Equipment | 2.24% |
| RMS | Ramelius Resources Ltd | Basic Materials | Gold | 2.24% |
| 4516 | Nippon Shinyaku Co Ltd | Healthcare | Drug Manufacturers - Specialty & Generic | 2.23% |
| EDV | Endeavour Mining Corp | Basic Materials | Gold | 2.21% |
| TUI1 | TUI AG | Consumer Cyclical | Travel Services | 2.21% |
| FRO | Frontline Ltd | Energy | Oil & Gas Midstream | 2.18% |