Towle Value ETF(AMEX:TCV)

TCV invests in companies trading at an enterprise value-to-sales ratio below 1.5x while showing strong customer demand. The fund focuses on out-of-favor US companies affected by temporary setbacks or negative sentiment but with clear catalysts for future growth. While the fund focuses on small-cap companies, it may invest across all industries and sizes. Security selection uses a contrarian, value-driven strategy to capitalize on market inefficiencies caused by investor bias. Additionally, the adviser screens liquidity, historical earnings, and performance while excluding industries like tobacco, liquor, or gaming. Up to 25% of assets may include foreign securities via direct holdings or ADRs. Holdings will generally include 30-100 stocks. Positions are sold when valuation targets are met, fundamentals deteriorate, or better opportunities arise.