Global Value Fund

Portfolio 2020-06-15T15:27:32-05:00

Regional Exposure

% of Portfolio 3/31/20
Evermore Global Value Institutional MSCI ACWI Ex USA NR USD US Fund World Small/Mid Stock
Africa/ME 0.00 2.47 0.36
Austral/Asia 0.00 4.07 1.35
Greater Asia 6.97 46.65 16.23
Greater Europe 65.71 44.09 27.88
Latin America 3.18 2.21 1.43
North America 19.19 7.05 54.46

Source: Morningstar Direct

Sector Exposure

% of Portfolio 3/31/20
Industrials 27.06
Communication Services 18.49
Basic Materials 2.25
Financial Services 10.23
Technology 13.28
Consumer Defensive 9.00
Consumer Cyclical 4.87
Energy 2.14
Healthcare 7.72
Real Estate 0.0
Utilities 0.0

Source: Morningstar Direct

Market Cap Comparisons

% of Portfolio 3/31/20
Evermore Global Value Institutional MMSCI ACWI Ex USA NR USD US Fund World Small/Mid Stock
Micro 28.6 0.03 7.25
Small 50.16 0.60 34.96
Mid 12.53 15.56 40.17
Large 7.33 37.79 14.69
Giant 1.38 46.03 2.93

Source: Morningstar Direct

Asset Allocation

% of Net Assets 3/31/20

Equity 90.65%
Fixed Income 3.33%
Cash or Equivalent 4.69%
Other 1.33%

Top 10 Holdings

% of Net Assets 5.31.20

Ticker
Symbol
% of Net
Assets
Atlantic Sapphire AS ASAME NO 8.28%
Modern Times Group MTG AB – B Shares MTGB SS 8.24%
Emergent Capital, Inc. * 6.26%
MagnaChip Semiconductor Corp. MX 5.22%
Fagron NV FAGR BB 5.06%
Nordic Entertainment Group AB – Class B NENTB SS 4.82%
Frontline, Ltd. ** 4.10%
S&T AG SANT GR 4.05%
Scorpio Tankers, Inc. *** 4.04%
Salmones Camanchaca SA SALMON NO 3.47%

* Includes Common Stock, Corporate Obligation and Warrant.
** Includes Common Stock and Purchased Options.
*** Includes Common Stock and Purchased Options.

Click here to view a complete holdings list at quarter end.

The MSCI ACWI ex USA Index captures large and mid cap representation across 22 of 23 Developed Markets (DM) countries (excluding the US) and 23 Emerging Markets (EM) countries*. With 1,855 constituents, the index covers approximately 85% of the global equity opportunity set outside the US.