Macquarie Focused International Core ETF (EXUS US) – Investment Proposition

Macquarie Focused International Core ETF (EXUS) offers an actively managed, style-agnostic approach to developed and select emerging market equities outside the U.S., aiming for attractive long-term returns with attention to risk. The process concentrates on businesses with resilient competitive positions, self-funded growth, and governance practices supportive of shareholder outcomes, purchased at valuations that reflect disciplined research rather than a single factor bias. A focused, high-conviction portfolio seeks diversification by country, sector, and business model while accepting measured active risk versus broad market compositions; turnover is driven by valuation discipline and changes in thesis quality. Resulting exposures may blend quality, reasonable price, and selective cyclical participation, which can behave defensively in downturns yet participate in recoveries when earnings durability is rewarded. The strategy can be challenged during sharp, narrow factor rotations or momentum-driven rallies that favor lower-quality profiles. Portfolio roles include core international equity, satellite complement to passive ex-U.S. beta, and a manager-of-managers building block for balanced style coverage. Likely users include institutions seeking concentrated active international exposure and wealth managers pursuing durable compounding. Key risk to monitor: concentration and country/ currency effects that can widen tracking differences versus broad ex-U.S. indexes.

To explore EXUS in more depth, visit our ETF analytics platform for institutional-grade insights — including performance and risk metrics, correlations, sensitivities, and factor exposure: https://www.etfstrategy.com/etf/EXUS_US