• SPARX Korea Next Growth Strategy

The investment strategy aims to provide long-term capital appreciation by investing in companies that could lead to the next growth for Korea with a 3+ year investment horizon through a diversified portfolio of fewer than 50 Korean listed companies. The ideal investment targets possess sustainable and straightforward business models, and strong, long-term growth-oriented management, backed by well-capitalized balance sheets and resulting in above-average ROE and earnings growth.

• SPARX Korea All Cap Strategy

The investment strategy aims to achieve mid to long-term capital appreciation by investing in Korean companies across all market capitalizations. The strategy follows a benchmark-agnostic, fundamental bottom-up investment approach, focusing on companies with identifiable catalysts that can drive earnings growth and narrow the gap between market price and intrinsic value. Key investment themes include new product cycles, market expansion, supply shortages, and enhanced shareholder returns.

• SPARX Japan Mid and Small Cap Strategy

The investment strategy aims to achieve mid to long-term capital appreciation by investing in Japanese companies that have a sizable discrepancy between their stock price and actual value, also known as the value gap. The strategy will focus on investing in 30 to 40 small and medium-sized market cap companies.