Global Value Fund

Portfolio 2020-11-16T08:51:43-05:00

Regional Exposure

% of Portfolio 9/30/20
Evermore Global Value Institutional MSCI ACWI Ex USA NR USD US Fund World Small/Mid Stock
Africa/ME 0.00 2.66 1.25
Austral/Asia 0.00 4.37 1.03
Greater Asia 6.1 47.56 17.14
Greater Europe 6.47 43.13 27.21
Latin America 0.00 2.10 1.08
North America 21.81 7.21 54.57

Source: Morningstar Direct

Sector Exposure

% of Portfolio 9/30/20
Industrials 17.2
Communication Services 25.52
Basic Materials 2.04
Financial Services 13.11
Technology 13.59
Consumer Defensive 11.65
Consumer Cyclical 4.89
Energy 2.14
Healthcare 7.23
Real Estate 0.0
Utilities 0.0

Source: Morningstar Direct

Market Cap Comparisons

% of Portfolio 9/30/20
Evermore Global Value Institutional MMSCI ACWI Ex USA NR USD US Fund World Small/Mid Stock
Micro 18.69 0.00 4.77
Small 51.19 0.38 33.11
Mid 13.42 15.12 42.47
Large 14.07 37.34 14.5
Giant 0.00 47.17 5.14

Source: Morningstar Direct

Asset Allocation

% of Net Assets 9/30/20

Equity 92.00%
Fixed Income 4.98%
Cash or Equivalent 2.63%
Other 0.39%

Top 10 Holdings

% of Net Assets 10.31.20

Ticker
Symbol
% of Net
Assets
Modern Times Group MTG AB – B Shares MTGB SS 11.46%
Atlantic Sapphire AS ASAME NO 7.79%
Emergent Capital, Inc. * 7.44%
MagnaChip Semiconductor Corp. MX 5.52%
Nordic Entertainment Group AB – Class B NENTB SS 4.96%
Calumet Specialty Products Partners LP CLMT 3.50%
Vivendi SA VIV FP 3.31%
Gamesys Group Plc GYS LN 3.16%
KKR & Co, Inc. – Class A KKR 2.97%
Genco Shipping & Trading, Ltd. GNK 2.95%

* Includes Common Stock, Corporate Obligation and Warrant.

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.