Asset allocation
Distribution
| Type | % Net assets | % Short | % Long |
|---|---|---|---|
| Non-US stock | 98.67% | 0.00% | 98.67% |
| Cash | 0.72% | 0.00% | 0.72% |
| US stock | 0.53% | 0.00% | 0.53% |
| US bond | 0.00% | 0.00% | 0.00% |
| Non-US bond | 0.00% | 0.00% | 0.00% |
| Other | 0.08% | 0.00% | 0.08% |
As of Dec 31 2025
Weightings
Sectors
- Sectors
- Regions
| Sector | % Net assets | Category average |
|---|---|---|
| Industrials | 22.51% | 19.74% |
| Financial Services | 21.63% | 16.83% |
| Basic Materials | 20.06% | 11.86% |
| Consumer Cyclical | 12.76% | 10.89% |
| Energy | 5.72% | 5.51% |
| Consumer Defensive | 3.90% | 6.56% |
| Technology | 3.36% | 6.98% |
| Other | 3.29% | 14.00% |
| Communication Services | 3.00% | 4.52% |
| Real Estate | 2.97% | 3.11% |
As of Dec 31 2025. Sectors weighting is calculated using only long position holdings of the portfolio.
Top 10 holdings
| Top 10 holdings as a per cent of portfolio | |||
|---|---|---|---|
| 13.35% | 8.15% | 0.00% | 8.15% |
| Category average | % Net assets | % Short | % Long |
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Jyske Bank A/S JYSK:CPH | +75.27% | 1.07% | |
| AL Sydbank A/S ALSYDB:CPH | +31.74% | 0.99% | |
| Bankinter SA BKT:MCE | +53.20% | 0.88% | |
| Lion Finance Group PLC BGEO:LSE | +91.10% | 0.78% | |
| Hudbay Minerals Inc HBM:TOR | +175.51% | 0.76% | |
| Telecom Italia SpA TIT:MIL | +129.71% | 0.76% | |
| Eldorado Gold Corp ELD:TOR | +211.08% | 0.74% | |
| IAMGOLD Corp IMG:TOR | +229.31% | 0.74% | |
| Whitecap Resources Inc WCP:TOR | +35.26% | 0.74% | |
| Buzzi SpA BZU:MIL | +5.71% | 0.69% | |
| Per cent of portfolio in top 10 holdings: 8.15% |
