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 |
|---|---|---|---|---|
| 5706 | Mitsui Mining and Smelting Co. | Industrials | Conglomerates | 2.59% |
| 5101 | Yokohama Rubber Co Ltd | Consumer Cyclical | Auto Parts | 2.28% |
| TUI1 | TUI AG | Consumer Cyclical | Travel Services | 2.22% |
| MIICF | Millicom International Cellular S.A | Other | Other | 2.18% |
| 9022 | Central Japan Railway Co. | Industrials | Railroads | 2.14% |
| 7269 | Suzuki Motor Corp. | Consumer Cyclical | Auto Manufacturers | 2.14% |
| LHN | Holcim Ltd | Basic Materials | Building Materials | 2.13% |
| 3407 | Asahi Kasei Corp. | Basic Materials | Chemicals | 2.12% |
| BS6 | YANGZIJIANG SHIPBLDG HLDGS LTD | Industrials | Aerospace & Defense | 2.08% |
| VOLV-B | AB Volvo (publ) | Industrials | Farm & Heavy Construction Machinery | 2.07% |
| HEN3 | Henkel AG & Co. KGaA vz. (Pref Shares) | Consumer Defensive | Household & Personal Products | 2.05% |
| SKF-B | AB SKF (publ) | Industrials | Tools & Accessories | 2.05% |
| LIGHT | Signify N.V. | Industrials | Electrical Equipment & Parts | 2.04% |
| 5334 | Ngk Spark Plug Co Ltd | Consumer Cyclical | Auto Parts | 2.03% |
| 4578 | Otsuka Holdings Ltd | Healthcare | Drug Manufacturers - General | 2.03% |
| BZU | Buzzi Unicem S.p.A. | Basic Materials | Building Materials | 2.03% |
| 7259 | Aisin Seiki Ltd | Consumer Cyclical | Auto Parts | 2.02% |
| 5108 | Bridgestone Corp. | Consumer Cyclical | Auto Parts | 2.01% |
| FGR | Eiffage SA | Industrials | Engineering & Construction | 2.01% |
| MT | ArcelorMittal SA | Basic Materials | Steel | 2.01% |