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 | 6.05% |
SAF | Safran SA | Industrials | Aerospace & Defense | 5.74% |
MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 5.56% |
RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 5.45% |
1810 | Xiaomi Corp | Technology | Consumer Electronics | 4.33% |
SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 3.95% |
SAP | SAP SE ADR | Technology | Software - Application | 3.95% |
CPG | Compass Group PLC | Consumer Cyclical | Restaurants | 3.90% |
RMS | Hermes International SCA | Consumer Cyclical | Luxury Goods | 3.90% |
SHOP | Shopify Inc. Class A Subordinate Voting Shares | Technology | Software - Application | 3.83% |
SE | Sea Ltd | Consumer Cyclical | Internet Retail | 3.77% |
LULU | Lululemon Athletica Inc. | Consumer Cyclical | Apparel Retail | 3.70% |
RACE | Ferrari NV | Consumer Cyclical | Auto Manufacturers | 2.96% |
1211 | BYD Company Limited | Consumer Cyclical | Auto Manufacturers | 2.88% |
OR | L’Oreal SA | Consumer Defensive | Household & Personal Products | 2.81% |
GALD | Galderma Group N | Healthcare | Drug Manufacturers - Specialty & Generic | 2.76% |
CSU | Constellation Software Inc. | Technology | Software - Application | 2.65% |
ENR | Siemens Energy AG | Industrials | Specialty Industrial Machinery | 2.48% |
ARGX | argenx NV ADR | Healthcare | Biotechnology | 2.45% |
UCB | UCB SA | Healthcare | Biotechnology | 2.33% |