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 |
|---|---|---|---|---|
| 6504 | Fuji Electric Co. Ltd. | Industrials | Electrical Equipment & Parts | 2.49% |
| 7259 | Aisin Seiki Ltd | Consumer Cyclical | Auto Parts | 2.26% |
| BS6 | YANGZIJIANG SHIPBLDG HLDGS LTD | Industrials | Aerospace & Defense | 2.25% |
| 6988 | Nitto Denko Co | Basic Materials | Specialty Chemicals | 2.16% |
| 9022 | Central Japan Railway Co. | Industrials | Railroads | 2.14% |
| WPL | Woodside Petroleum Ltd | Energy | Oil, Gas & Consumable Fuels | 2.14% |
| 5101 | Yokohama Rubber Co Ltd | Consumer Cyclical | Auto Parts | 2.13% |
| LHN | Holcim Ltd | Basic Materials | Building Materials | 2.13% |
| 8227 | Shimamura Co Ltd | Consumer Cyclical | Apparel Retail | 2.13% |
| MIICF | Millicom International Cellular S.A | Other | Other | 2.12% |
| MAERSK-B | A.P. Møller - Mærsk A/S | Industrials | Marine Shipping | 2.11% |
| 4507 | Shionogi & Co. Ltd. | Healthcare | Drug Manufacturers - Specialty & Generic | 2.10% |
| 8015 | Toyota Tsusho Corp. | Industrials | Conglomerates | 2.09% |
| BHP | BHP Group Ltd | Basic Materials | Other Industrial Metals & Mining | 2.08% |
| 6902 | DENSO Corporation | Consumer Cyclical | Auto Parts | 2.06% |
| SKF-B | AB SKF (publ) | Industrials | Tools & Accessories | 2.05% |
| EOAN | E.ON SE | Utilities | Utilities - Diversified | 2.04% |
| 3407 | Asahi Kasei Corp. | Basic Materials | Chemicals | 2.02% |
| 5108 | Bridgestone Corp. | Consumer Cyclical | Auto Parts | 2.02% |
| MT | ArcelorMittal SA | Basic Materials | Steel | 2.01% |