Main International ETF (INTL US) – Portfolio Construction Methodology

The investment strategy underpinning the actively managed Main International ETF targets non-U.S. equities across developed and select emerging markets, with day-to-day exposures concentrated in liquid large- and mid-cap listings and ADRs. The universe prioritizes issuers with transparent financials, durable cash generation, and consistent governance, supporting investability and capacity. Security selection combines quantitative pre-screens (profitability, balance-sheet strength, and valuation) with fundamental research assessing competitive position, capital discipline, and reinvestment runway. Portfolio construction seeks diversified country and sector exposures with issuer caps, liquidity-aware position sizing, and limits on unintended factor and currency concentrations; the manager may hold cash equivalents tactically to manage flows. Active-risk bands guide overweights relative to internal reference exposures. Rebalancing follows a periodic schedule and event-driven reviews; sells are triggered by thesis impairment, adverse estimate revisions, governance slippage, or unfavorable risk/return re-ranking, with trims on stretched valuation or crowding indicators.

To explore INTL 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/INTL_US