Top holdings
27.72%Per cent of portfolio in top holdings
| Holding | % of portfolio |
|---|---|
| Al Rajhi Bank | 4.41% |
| Gold Fields Ltd | 3.83% |
| Naspers Ltd Class N | 3.10% |
| Saudi National Bank | 2.81% |
| Qatar National Bank SAQ | 2.53% |
| Kaspi.kz JSC ADS | 2.29% |
| Emaar Properties PJSC | 2.25% |
| Standard Bank Group Ltd | 2.23% |
| Valterra Platinum Ltd | 2.19% |
| National Bank of Kuwait SAK | 2.08% |
As of Oct 31 2025. Top holdings excludes cash and cash equivalents.
Sector weighting
| Sector | % of portfolio |
|---|---|
| Financial Services | 40.44% |
| Basic Materials | 15.20% |
| Consumer Cyclical | 10.12% |
| Real Estate | 6.69% |
| Industrials | 6.49% |
| Energy | 5.13% |
| Technology | 3.19% |
| Utilities | 2.45% |
| Consumer Defensive | 2.22% |
| Communications Equipment | 0.88% |
As of Oct 31 2025.
Regional holdings
| Holding | % of portfolio |
|---|---|
| South Africa | 26.02% |
| Saudi Arabia | 20.16% |
| United Arab Emirates | 12.47% |
| Greece | 10.11% |
| Poland | 6.99% |
| Kazakhstan | 6.00% |
| Qatar | 3.46% |
| Kuwait | 2.08% |
| Turkey | 2.07% |
| Other | 3.45% |
As of Oct 31 2025.
