Sweden3.0% Information Technology27.8% Consumer Discretionary25.6% Health Care12.4% Consumer Staples12.2% Financials6.9% Industrials3.8% Energy2.1% Cash and Cash Equivalents9.2% Software & Services26.9% Consumer Services12.3% Retailing11.4% Food, Beverage & Tobacco9.5% Pharma, Biotech & Life Sciences7.6% Health Care Equipment & Services4.8% Diversified Financials4.6% Commercial & Professional Services3.8% Banks2.3% Energy2.1%
|% OF PORTFOLIO|
|Paysafe Group plc||4.3%|
|Worldpay Group plc||3.1%|
|Galaxy Entertainment Group Ltd.||2.8%|
|Domino's Pizza Group plc||2.5%|
|Fresenius Medical Care AG & Co.||2.3%|
|Fomento Economico Mexicano SAB de CV ADR||2.1%|
|Royal Dutch Shell plc||2.1%|
|Auto Trader Group plc||2.1%|
Paysafe Group Plc provides online payment processing and money transfer services. The company offers an integrated suite of secure and e-commerce payment solutions. It operates through the following segments: Netbanx and Neteller. The Netbanx segment offers services to accept and process credit & debit cards, online direct debit and local payments. The Neteller segment provides services to accept e-wallet payments. The company was founded in 1996 and is headquartered in Douglas, Isle of Man.
Bayerische Motoren Werke AG engages in the manufacture and sale of automobiles and motorcycles. The company operates its business through the following segments: Automotive, Motorcycles and Financial Services. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles, under the following brands: BMW, MINI and Rolls-Royce, as well as spare parts and accessories. The Motorcycles segment develops, produces, assembles, and markets BMW and Husqvarna brand motorcycles, as well as spare parts and accessories. The Financial Services segment includes car leasing, fleet business, retail customer and dealer financing, customer deposit business, and insurance activities. Bayerische Motoren Werke was founded on March 6, 1916 and is headquartered in Munich, Germany.
Worldpay Group Plc engages in global payment solutions. It operates through the following business divisions: global ecommerce, Worldpay UK, and Worldpay U.S. The global ecommerce division provides a range of online and mobile multi-currency payment acceptance, validation, and settlement services. The Worldpay UK division offers in-store, phone, online, and mobile payment acceptance solutions. The Worldpay U.S. division includes in-store, online, and mobile payment acceptance solutions for United States-based merchants, with a focus on developing omni-chanel and integrated payment solutions. The company is headquartered in London, the United Kingdom.
Galaxy Entertainment is one of six casino operators with a license to operate in Macau. The company operates two flagship properties at the moment: Galaxy Macau and Starworld and is in the process of doubling the size of Galaxy Macau through Phase 2 expansion on the Cotai Peninsula.
The majority of Macau casino customers originate from China and Hong Kong with most of the revenue currently driven by the VIP market. The mass market opportunity though is increasing with rising wealth in China and infrastructure projects that enable easier access into Macau. Galaxy is well positioned to capture this incremental share.
Wirecard AG offers internet payment and processing services. The Company provides software and systems for online payment, electronic funds transfer, fraud protection, and enterprise solutions. As credit and debit transactions continue to take share from cash and checks, ecommerce and mobile payments should benefit.
Domino's Pizza Group holds the exclusive master franchise to own, operate and franchise Domino's Pizza stores in the U.K., Ireland, and Germany. The company manages a base of over 800 stores, mainly in the U.K. and Ireland. The company is the leading operator in the UK pizza delivery market and has exhibited consistent growth and margin expansion as it expands in a still relatively under penetrated market.
Fomento Economico Mexicano SAB de CV engages in the production, distribution and marketing of beverages. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages. The company also operates a chain of small-format stores under the OXXO brand name in Mexico, as well as operates other small-format stores, which include soft discount stores with a focus on perishables and liquor stores. The company offers various logistics and vehicle maintenance services; and vertical and horizontal commercial refrigerators for the soft drink, beer, and food industries. It has operations in Mexico, Central America, Colombia, Venezuela, Brazil, Argentina, Costa Rica, Guatemala, Nicaragua, Panama, and the Philippines. Fomento Economico Mexicano was founded by Isaac Garza, José Calderón, José A. Muguerza, Francisco G. Sada, and Joseph M. Schnaider in 1890 and is headquartered in Monterrey, Mexico.
Royal Dutch Shell Plc produces oil and natural gas. It operates through three segments: Upstream, Downstream, and Corporate. The Upstream segment combines the operating segments Upstream International and Upstream Americas, which have similar characteristics and are engaged in exploring for and recovering crude oil and natural gas; the liquefaction and transportation of gas; the extraction of bitumen from oil sands that is converted into synthetic crude oil; and wind energy. The Downstream segment engages in manufacturing, supply and distribution and marketing activities for oil products and chemicals; alternative energy; and CO2 management. The Corporate segment represents the support functions, comprising holdings and treasury, headquarters, central functions and its self-insurance activities. The company was founded in February 1907 and is headquartered in The Hague, Netherlands.
Source - Factset
Auto Trader Group Plc engages in the operation of an online procurement site for automotives. It sells cars, bikes, vans, motor homes, caravans, and trucks. It also offers automotive insurance products. The company was founded in 1977 and is headquartered in Manchester, United Kingdom.
|Portfolio P/E Trailing 12 Months*||32.2x|
|Portfolio Price to Cash Flow*||18.0x|
|Portfolio Price to Book*||4.9x|
|Median Market Capitalization*||$13.1 B|
|Number of Holdings||53|
|7-Year Beta* (A shares vs. MSCI AC World ex-U.S. Growth Index)||0.87|
|Emerging Markets Exposure||18.9%|
|Active Share* (vs. MSCI AC World ex-U.S. Growth Index)||89.8%|Consistent Growth29.7% Growth Industry Leaders31.0% Emerging Growth30.0% Cash & Cash Equivalents9.2% Large Cap (> $12 B)56.3% Mid Cap ($2.5 to $12 B)37.5% Small Cap (< $2.5 B)6.2%