NASDAQ | ETF
The Adviser employs a multi-step, quantitative, rules-based methodology to identify a portfolio of approximately 50 to 200 non-U.S. equity securities with the highest relative momentum.
A "momentum" style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities.
The Adviser then employs proprietary screens to eliminate companies with issues that may negatively impact their momentum.
The fund may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| 6856 | Horiba Ltd | Technology | Scientific & Technical Instruments | 2.33% |
| 9508 | Kyushu Electric Power Co Inc | Utilities | Utilities - Independent Power Producers | 2.23% |
| 6146 | Disco Corporation | Technology | Semiconductor Equipment & Materials | 2.22% |
| COH | Cochlear Ltd | Healthcare | Medical Devices | 2.21% |
| 6323 | Rorze Corp | Technology | Semiconductor Equipment & Materials | 2.2% |
| 6871 | Micronics Japan Co Ltd | Technology | Semiconductor Equipment & Materials | 2.2% |
| 6141 | Dmg Mori Seiki Co Ltd | Industrials | Tools & Accessories | 2.18% |
| VOLV-B | AB Volvo (publ) | Industrials | Farm & Heavy Construction Machinery | 2.17% |
| ITX | Industria de Diseno Textil SA | Consumer Cyclical | Apparel Retail | 2.14% |
| BA | BAE Systems plc | Industrials | Aerospace & Defense | 2.12% |
| 9503 | Kansai Electric Power Co Inc | Utilities | Utilities - Renewable | 2.1% |
| 4519 | Chugai Pharmaceutical Co. Ltd. | Healthcare | Drug Manufacturers - General | 2.06% |
| 9104 | Mitsui O.S.K. Lines Ltd. | Industrials | Marine Shipping | 2.05% |
| LOGN | Logitech International S.A. | Technology | Computer Hardware | 2.04% |
| 1911 | Sumitomo Forestry | Consumer Cyclical | Residential Construction | 2.04% |
| 8058 | Mitsubishi Corp. | Industrials | Conglomerates | 2.04% |
| ACS | ACS Actividades de Construccion y Servicios SA | Industrials | Engineering & Construction | 2.04% |
| U96 | SEMBCORP INDUSTRIES LTD | Industrials | Conglomerates | 2.03% |
| 4091 | Taiyo Nippon Sanso Corp | Basic Materials | Chemicals | 2.03% |
| 8035 | Tokyo Electron Limited | Technology | Semiconductor Equipment & Materials | 2.03% |