Global Value Fund

Portfolio 2020-01-17T16:47:58-05:00

Regional Exposure

% of Portfolio 9/30/19
Evermore Global Value Institutional MSCI ACWI Ex USA NR USD US Fund World Small/Mid Stock
Africa/ME 0.00 2.66 0.26
Austral/Asia 0.00 4.74 1.53
Greater Asia 7.02 43.53 15.96
Greater Europe 61.53 45.22 28.17
Latin America 2.26 3.12 1.43
North America 24.58 8.14 54.45

Source: Morningstar Direct

Sector Exposure

% of Portfolio 9/30/19
Industrials 29.5
Communication Services 12.9
Basic Materials 11.1
Financial Services 8.9
Technology 8.3
Consumer Defensive 7.7
Consumer Cyclical 6.4
Energy 5.4
Healthcare 5.2
Real Estate 0.0
Utilities 0.0

Source: Morningstar Direct

Market Cap Comparisons

% of Portfolio 9/30/19
Evermore Global Value Institutional MMSCI ACWI Ex USA NR USD US Fund World Small/Mid Stock
Micro 27.17 0.03 5.69
Small 48.9 0.34 29.8
Mid 7.7 13.7 42.6
Large 9.4 35.3 15.8
Giant 2.2 50.6 6.1

Source: Morningstar Direct

Asset Allocation

% of Net Assets 12/31/19

Equity 97.17%
Fixed Income 2.11%
Cash or Equivalent 0.33%
Other 0.39%

Top 10 Holdings

% of Net Assets 12/31/19

Ticker
Symbol
% of Net
Assets
Atlantic Sapphire AS ASAME NO 6.37%
Scorpio Tankers, Inc. * 5.77%
MagnaChip Semiconductor Corp. MX 4.11%
Nordic Entertainment Group AB – Class B NENTB SS 4.04%
Modern Times Group MTG AB – B Shares MTGB SS 4.01%
Frontline, Ltd. FRO 3.97%
Fagron NV FAGR BB 3.92%
Constellium SE CSTM 3.87%
Vivendi SA VIV FP 3.39%
S&T AG SANT GR 3.31%

* 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.