Among the strongest performing stocks in the Fund were shares of Bic Camera, Inc., the second largest consumer electronics retailer, Yamaichi Electronics Co., Ltd. (TSE:6941), a leading manufacturer of integrated circuit sockets, and S Foods, Inc., a manufacturer and retailer of meat products. Shares of Yamaichi Electronics Co., Ltd. (TSE:6941) climbed +244% on news that its new ultra slim, multi-layer printed circuit board, which will be adopted in smartphones, will be produced in large quantities beginning this fall. The Fund no longer holds Yamaichi Electronics Co., Ltd.
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