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Viking Holdings Ltd
VIKArch Capital Group Ltd.
ACGLEverest Group, Ltd.
EGRenaissanceRe Holdings Ltd.
RNRDHT Holdings, Inc.
DHTGenpact Limited
GSignet Jewelers Limited
SIGGolar LNG Limited
GLNGAXIS Capital Holdings Limited
AXSEssent Group Ltd.
ESNTWhite Mountains Insurance Group, Ltd.
WTMTeekay Tankers Ltd.
TNKBorr Drilling Limited
BORRNordic American Tankers Limited
NATAssured Guaranty Ltd.
AGOBrookfield Infrastructure Partners L.P.
BIPHiscox Ltd
HSX.LNabors Industries Ltd.
NBRLiberty Global Ltd.
LBTYKFLEX LNG Ltd.
FLNGSFL Corporation Ltd
SFLHamilton Insurance Group, Ltd.
HGHongkong Land Holdings Limited
H78.SISiriusPoint Ltd.
SPNTThe Bank of N.T. Butterfield & Son Limited
NTBArdmore Shipping Corporation
ASCLiberty Latin America Ltd.
LILAKTeekay Corporation
TKLancashire Holdings Limited
LRE.LHimalaya Shipping Ltd.
HSHPConduit Holdings Limited
CRE.LBrookfield Business Corporation
BBUCSylvania Platinum Limited
SLP.L2020 Bulkers Ltd.
2020.OLOakley Capital Investments Ord
OCI.LBrookfield Wealth Solutions Ltd.
BNTParatus Energy Services Ltd.
PLSV.OLJardine Matheson Holdings Limited
JMHLYBW Offshore Limited
BWO.OLGold Reserve Ltd.
GDRZFBW Energy Limited
BWE.OLBrookfield Property Partners L.P.
BPYPOTriton International Limited
TRTN-PENorthern Ocean Ltd.
NOL.OLEverest Group, Ltd.
0U96.LAmerican Overseas Group Limited
AOREFLexington Gold Ltd
LEX.LUIL Limited
UTL.LOM Holdings Limited
OMH.AXGulf Keystone Petroleum Limited
GUKYFGolar LNG Partners LP
GMLPF2020 Bulkers Ltd
0FF.SGHimalaya Shipping Ltd
J1X.SGMajestic Capital, Ltd.
MAJCQAtlantic Central Enterprise Ltd.
ALCNSeaCo Ltd.
SEAOFSilverstar Holdings Ltd.
SSTRFGEROVA Financial Group, Ltd.
GVFGAvance Gas Holding Ltd
AGAS.OLAspen Insurance Holdings Limited
AHL-PCAsia Global Crossing Ltd.
ASGXFUIL Finance Limited
UTLG.LR&Q Insurance Holdings Ltd.
RQIH.LIridium World Communications Ltd.
IRIDQReturn for Q2 2026: 6.65%
Portfolio composition:
Return for Q2 2026: -7.51%
Portfolio composition: