NASDAQ | ETF
The Sub-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 Sub-Adviser then employs proprietary screens to eliminate companies with issues that may negatively impact their momentum.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FGXXX | First American Funds Inc. - Government Obligations Fund | 4.20% | ||
| 5803 | Fujikura Ltd. | Industrials | Electrical Equipment & Parts | 2.80% |
| 7013 | IHI Corp. | Industrials | Specialty Industrial Machinery | 2.39% |
| 9401 | TBS Holdings Inc | Communication Services | Broadcasting | 2.37% |
| 6856 | Horiba Ltd | Technology | Scientific & Technical Instruments | 2.33% |
| PST | Poste Italiane SpA | Industrials | Conglomerates | 2.23% |
| 6323 | Rorze Corp | Technology | Semiconductor Equipment & Materials | 2.20% |
| 6871 | Micronics Japan Co Ltd | Technology | Semiconductor Equipment & Materials | 2.20% |
| HAG | Hensoldt AG | Industrials | Aerospace & Defense | 2.19% |
| III | 3I Group PLC | Financial Services | Asset Management | 2.18% |
| BBVA | Banco Bilbao Vizcaya Argentaria SA | Financial Services | Banks - Diversified | 2.17% |
| SVW | Seven Group Holdings Ltd | Industrials | Conglomerates | 2.17% |
| VOLV-B | AB Volvo (publ) | Industrials | Farm & Heavy Construction Machinery | 2.17% |
| 2388 | BOC Hong Kong Holdings Ltd | Financial Services | Banks - Regional | 2.17% |
| RACE | Ferrari NV | Consumer Cyclical | Auto Manufacturers | 2.16% |
| HUB | Hub24 Ltd | Financial Services | Capital Markets | 2.14% |
| Z74 | Singapore Telecommunications Limited | Communication Services | Telecom Services | 2.13% |
| ACA | Credit Agricole SA | Financial Services | Banks - Regional | 2.11% |
| 1038 | CK Infrastructure Holdings Ltd | Utilities | Utilities - Regulated Electric | 2.11% |
| 4506 | Sumitomo Dainippon Pharma Co Ltd | Healthcare | Drug Manufacturers - Specialty & Generic | 2.11% |