NYSE ARCA | ETF
Under normal market conditions, the fund invests a majority of its net assets in equity and equity-related securities of non-U.S. companies located in various countries outside theU. S., including non-U.S. issuers located in emerging markets (identified by the subadviser as countries classified by MSCI as emerging and frontier markets).
The subadviser uses a combination of fundamental research and systematic portfolio construction.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | Technology | Semiconductors | 8.20% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 5.85% |
| SAF | Safran SA | Industrials | Aerospace & Defense | 5.73% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 5.73% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 5.10% |
| SHOP | Shopify Inc | Technology | Software - Application | 4.75% |
| SHOP | Shopify Inc | Technology | Software - Application | 4.74% |
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 4.35% |
| SE | Sea Ltd | Consumer Cyclical | Internet Retail | 4.19% |
| LULU | Lululemon Athletica Inc. | Consumer Cyclical | Apparel Retail | 3.70% |
| CPG | Compass Group PLC | Consumer Cyclical | Restaurants | 3.56% |
| 7974 | Nintendo Co Ltd | Communication Services | Electronic Gaming & Multimedia | 3.16% |
| RMS | Hermes International SCA | Consumer Cyclical | Luxury Goods | 2.97% |
| RACE | Ferrari NV | Consumer Cyclical | Auto Manufacturers | 2.88% |
| UCB | UCB SA | Healthcare | Biotechnology | 2.88% |
| GALD | Galderma Group N | Healthcare | Drug Manufacturers - Specialty & Generic | 2.77% |
| AIR | Airbus Group SE | Industrials | Aerospace & Defense | 2.67% |
| ARGX | argenx NV ADR | Healthcare | Biotechnology | 2.66% |
| 1810 | Xiaomi Corp | Technology | Consumer Electronics | 2.65% |
| OR | L’Oreal SA | Consumer Defensive | Household & Personal Products | 2.63% |