NASDAQ | ETF
The Adviser employs a multi-step, quantitative, rules-based methodology to identify a portfolio of approximately 50 to 100 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 Adviser then employs proprietary screens to eliminate companies with issues that may negatively impact their momentum.
The fund may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BS6 | YANGZIJIANG SHIPBLDG HLDGS LTD | Industrials | Aerospace & Defense | 2.51% |
| 9401 | TBS Holdings Inc | Communication Services | Broadcasting | 2.37% |
| 6856 | Horiba Ltd | Technology | Scientific & Technical Instruments | 2.33% |
| UCB | UCB SA | Healthcare | Biotechnology | 2.30% |
| MKS | Marks and Spencer Group PLC | Consumer Cyclical | Department Stores | 2.28% |
| BPE | BPER Banca SpA | Financial Services | Banks - Regional | 2.25% |
| COH | Cochlear Ltd | Healthcare | Medical Devices | 2.21% |
| 6323 | Rorze Corp | Technology | Semiconductor Equipment & Materials | 2.20% |
| 6871 | Micronics Japan Co Ltd | Technology | Semiconductor Equipment & Materials | 2.20% |
| UCG | UniCredit S.p.A. | Financial Services | Banks - Regional | 2.18% |
| BBVA | Banco Bilbao Vizcaya Argentaria SA | Financial Services | Banks - Diversified | 2.17% |
| 3099 | Isetan Mitsukoshi Holdings Ltd. | Consumer Cyclical | Department Stores | 2.17% |
| VOLV-B | AB Volvo (publ) | Industrials | Farm & Heavy Construction Machinery | 2.17% |
| GXI | Gerresheimer AG | Healthcare | Medical Instruments & Supplies | 2.17% |
| R1D | AERCAP HOLD | Other | Other | 2.16% |
| PRY | Prysmian SpA | Industrials | Electrical Equipment & Parts | 2.15% |
| ITX | Industria de Diseno Textil SA | Consumer Cyclical | Apparel Retail | 2.14% |
| CABK | Caixabank SA | Financial Services | Banks - Regional | 2.14% |
| 8725 | MS&AD Insurance Group Holdings | Financial Services | Insurance - Property & Casualty | 2.12% |
| 8316 | Sumitomo Mitsui Financial | Financial Services | Banks - Diversified | 2.12% |