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      </invstOrSec>
      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clorox Co/The</name>
        <lei>54930044KVSC06Z79I06</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Square Enix Holdings Co Ltd</name>
        <lei>529900KCRNRDF8DIA489</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Coles Group Ltd</name>
        <lei>549300OHQRG2HN8LZ793</lei>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kimberly-Clark Corp</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan Tobacco Inc</name>
        <lei>353800Z0ENYBQO0XRJ31</lei>
        <title>JAPAN TOBACCO</title>
        <cusip>N/A</cusip>
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          <isin value="JP3726800000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Taiwan Semiconductor Manufacturing Co Ltd</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>TAIWAN SEMIC-ADR</title>
        <cusip>N/A</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hershey Co/The</name>
        <lei>21X2CX66SU2BR6QTAD08</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BWX Technologies Inc</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX TECHNOLOGIES</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPY/USD FWD 20200817</title>
        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTJPY__00146004"/>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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      <invstOrSec>
        <name>White Mountains Insurance Group Ltd</name>
        <lei>549300N3FL068JERBG02</lei>
        <title>WHITE MOUNTAINS</title>
        <cusip>G9618E107</cusip>
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          <isin value="BMG9618E1075"/>
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        <balance>20321.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Yamada Denki Co Ltd</name>
        <lei>353800MDZ4K1DQKLO464</lei>
        <title>YAMADA DENKI</title>
        <cusip>N/A</cusip>
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          <isin value="JP3939000000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Nagoya Railroad Co Ltd</name>
        <lei>353800P62OOYUY3I8T51</lei>
        <title>NAGOYA RAILROAD</title>
        <cusip>N/A</cusip>
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        <balance>73100.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Samsung SDS Co Ltd</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/HKD FWD 20200817</title>
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        <curCd>N/A</curCd>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>ROYAL BANK OF CANADA</counterpartyName>
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        <name>WSP Global Inc</name>
        <lei>N/A</lei>
        <title>WSP GLOBAL INC</title>
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        <invCountry>CA</invCountry>

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        <name>Regeneron Pharmaceuticals Inc</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>REGENERON PHARM</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Singapore Telecommunications Ltd</name>
        <lei>2549003XJKIQO8YDYD89</lei>
        <title>SINGAPORE TELECO (LOT SIZE 100)</title>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/DKK FWD 20200817</title>
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      <invstOrSec>
        <name>Graham Holdings Co</name>
        <lei>529900BOSCEEEMAFQJ29</lei>
        <title>GRAHAM HOLDING-B</title>
        <cusip>384637104</cusip>
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          <isin value="US3846371041"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Maeil Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>MAEIL DAIRIES CO</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LUKOIL PJSC</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC-ADR</title>
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          <isin value="US69343P1057"/>
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        <balance>55913.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3792882.10100000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Hormel Foods Corp</name>
        <lei>MSD54751OJP1FS2ND863</lei>
        <title>HORMEL FOODS CRP</title>
        <cusip>440452100</cusip>
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          <isin value="US4404521001"/>
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        <balance>244977.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Allreal Holding AG</name>
        <lei>5067006XH174LA44H658</lei>
        <title>ALLREAL HOLD-REG</title>
        <cusip>N/A</cusip>
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          <isin value="CH0008837566"/>
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        <balance>9242.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kesko Oyj</name>
        <lei>743700OX6HSVMCAHPB95</lei>
        <title>KESKO OYJ-B</title>
        <cusip>N/A</cusip>
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          <isin value="FI0009000202"/>
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        <balance>41575.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.17795300"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Singapore Exchange Ltd</name>
        <lei>549300IQ650PPXM76X03</lei>
        <title>SINGAPORE EXCH</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1J26887955"/>
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        <balance>353200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Singapore Technologies Engineering Ltd</name>
        <lei>254900OEXGGWCR24DG90</lei>
        <title>SINGAP TECH ENG</title>
        <cusip>N/A</cusip>
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          <isin value="SG1F60858221"/>
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        <balance>581800.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="0.72780200"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PS Business Parks Inc</name>
        <lei>N/A</lei>
        <title>PS BUSINESS PARK</title>
        <cusip>69360J107</cusip>
        <identifiers>
          <isin value="US69360J1079"/>
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        <balance>54916.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7575662.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Fortis Inc/Canada</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>FORTIS INC</title>
        <cusip>349553107</cusip>
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          <isin value="CA3495531079"/>
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        <balance>19321.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jack Henry &amp; Associates Inc</name>
        <lei>529900X1QS8C54W0JB21</lei>
        <title>JACK HENRY</title>
        <cusip>426281101</cusip>
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          <isin value="US4262811015"/>
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        <balance>279085.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49760855.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NetEase Inc</name>
        <lei>5299004AF4DSJDB0PA32</lei>
        <title>NETEASE INC-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US64110W1027"/>
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        <balance>29869.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13692546.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GS Holdings Corp</name>
        <lei>N/A</lei>
        <title>GS HOLDINGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7078930005"/>
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        <balance>40831.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="0.00083900"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shionogi &amp; Co Ltd</name>
        <lei>35380049VXDTHZI3DY35</lei>
        <title>SHIONOGI &amp; CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3347200002"/>
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        <balance>76400.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blackstone Mortgage Trust Inc</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>BLACKSTONE MOR-A</title>
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          <isin value="US09257W1009"/>
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        <balance>824837.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sage Group PLC/The</name>
        <lei>2138005RN5XYLTF8G138</lei>
        <title>SAGE GROUP</title>
        <cusip>N/A</cusip>
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          <isin value="GB00B8C3BL03"/>
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        <balance>522131.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern Star Resources Ltd</name>
        <lei>254900XFXCRYYZAX6M78</lei>
        <title>NORTHERN STAR RE</title>
        <cusip>N/A</cusip>
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        <balance>87894.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pool Corp</name>
        <lei>5493005VZK1KMN6CO617</lei>
        <title>POOL CORP</title>
        <cusip>73278L105</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waste Management Inc</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WASTE MANAGEMENT</title>
        <cusip>94106L109</cusip>
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          <isin value="US94106L1098"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sawai Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>SAWAI PHARMACEUT</title>
        <cusip>J69811107</cusip>
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          <isin value="JP3323050009"/>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>UCB SA</name>
        <lei>2138008J191VLSGY5A09</lei>
        <title>UCB SA</title>
        <cusip>B93562120</cusip>
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        <invCountry>BE</invCountry>

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        <name>CH Robinson Worldwide Inc</name>
        <lei>529900WNWN5L0OVDHA79</lei>
        <title>CH ROBINSON</title>
        <cusip>12541W209</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WEC Energy Group Inc</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC ENERGY GROUP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Koninklijke Vopak NV</name>
        <lei>724500UL634GFV1KYF10</lei>
        <title>VOPAK</title>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/JPY FWD 20200817</title>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>Ameren Corp</name>
        <lei>XRZQ5S7HYJFPHJ78L959</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fomento Economico Mexicano SAB de CV</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>FOMENTO ECON-ADR</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASX Ltd</name>
        <lei>N/A</lei>
        <title>ASX LTD</title>
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          <isin value="AU000000ASX7"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Woolworths Group Ltd</name>
        <lei>QNWEWQBS7HP85QHXQL92</lei>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yoshinoya Holdings Co Ltd</name>
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          <isin value="JP3958000006"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Electronic Arts Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SK Telecom Co Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Terreno Realty Corp</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ViaSat Inc</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Endesa SA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Softbank Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Vertex Pharmaceuticals Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Yuhan Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Kerry Group PLC</name>
        <lei>635400TLVVBNXLFHWC59</lei>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Check Point Software Technologies Ltd</name>
        <lei>2549003ZVBH73EPNS513</lei>
        <title>CHECK POINT SOFT</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CLP Holdings Ltd</name>
        <lei>25490002BUTSMP94GO68</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Banque Cantonale Vaudoise</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>KDDI Corp</name>
        <lei>5299003FU7V4I45FU310</lei>
        <title>KDDI CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Telekom AG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>DEUTSCHE TELEKOM</title>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Koninklijke Ahold Delhaize NV</name>
        <lei>724500C9GNBV20UYRX36</lei>
        <title>KONINKLIJKE AHOL</title>
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      <invstOrSec>
        <name>J &amp; J Snack Foods Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Orkla ASA</name>
        <lei>549300PZS8G8RG6RVZ52</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Vector Group Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Nisshin Seifun Group Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Premier Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Trend Micro Inc/Japan</name>
        <lei>3538005O5UJ5RNAGVE16</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <title>USD/RUB FWD 20200817</title>
        <cusip>N/A</cusip>
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      <invstOrSec>
        <name>California Water Service Group</name>
        <lei>529900QABDOBU6UVRQ36</lei>
        <title>CALIF WATER SRVC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <cusip>N/A</cusip>
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      <invstOrSec>
        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TOPIX INDX FUTR   Sep20</title>
        <cusip>N/A</cusip>
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          <ticker value="TPU0"/>
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      <invstOrSec>
        <name>TELUS Corp</name>
        <lei>L2TEUTQ8OSHMJWVLCE40</lei>
        <title>TELUS CORP</title>
        <cusip>87971M103</cusip>
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          <isin value="CA87971M1032"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cable One Inc</name>
        <lei>549300648QS85T0XSH18</lei>
        <title>CABLE ONE INC</title>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>J Sainsbury PLC</name>
        <lei>213800VGZAAJIKJ9Y484</lei>
        <title>SAINSBURY PLC</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Saputo Inc</name>
        <lei>549300HH4U1DPY0TBT90</lei>
        <title>SAPUTO INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rollins Inc</name>
        <lei>549300F2A0BXT4SGWD84</lei>
        <title>ROLLINS INC</title>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/CLP FWD 20200817</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>Oracle Corp Japan</name>
        <lei>529900MIMKY9RU60Z323</lei>
        <title>ORACLE CORP JPN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3689500001"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wm Morrison Supermarkets PLC</name>
        <lei>213800IN6LSRGTZSOS29</lei>
        <title>WM MORRISON SUP</title>
        <cusip>N/A</cusip>
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          <isin value="GB0006043169"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hoshizaki Corp</name>
        <lei>5299001QAMLGU3SRBG20</lei>
        <title>HOSHIZAKI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3845770001"/>
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        <balance>28300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vonovia SE</name>
        <lei>5299005A2ZEP6AP7KM81</lei>
        <title>VONOVIA SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1ML7J1"/>
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        <balance>56550.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sankyo Co Ltd</name>
        <lei>3538009H2R9ZBZAOAK48</lei>
        <title>SANKYO CO/</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3326410002"/>
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        <balance>26200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Unicharm Corp</name>
        <lei>353800UQ4BZIJTAQEG85</lei>
        <title>UNICHARM CORP</title>
        <cusip>J94104114</cusip>
        <identifiers>
          <isin value="JP3951600000"/>
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        <balance>33100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Inchcape PLC</name>
        <lei>213800RGEH1MPPNM2T57</lei>
        <title>INCHCAPE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B61TVQ02"/>
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        <balance>109805.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fielmann AG</name>
        <lei>529900BU5B7N9GE4XU15</lei>
        <title>FIELMANN AG</title>
        <cusip>D2617N114</cusip>
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          <isin value="DE0005772206"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baloise Holding AG</name>
        <lei>529900G5XKBZN48T6283</lei>
        <title>BALOISE HOL-REG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012410517"/>
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        <balance>35068.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oversea-Chinese Banking Corp Ltd</name>
        <lei>5493007O3QFXCPOGWK22</lei>
        <title>OCBC BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S04926220"/>
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        <balance>1777748.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NH Foods Ltd</name>
        <lei>353800NLDBIOUQILWU82</lei>
        <title>NH FOODS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3743000006"/>
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        <balance>16800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Secom Co Ltd</name>
        <lei>529900TYCL9N3E9PGE47</lei>
        <title>SECOM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3421800008"/>
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        <balance>78400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kyocera Corp</name>
        <lei>N/A</lei>
        <title>KYOCERA CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3249600002"/>
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        <balance>85200.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/PLN FWD 20200817</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="AASECID" value="A124CCTUSD__00144459"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
        <valUSD>-261913.58000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>IDACORP Inc</name>
        <lei>N134NUJDWN8UEFA8B673</lei>
        <title>IDACORP INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/NOK FWD 20200817</title>
        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144465"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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        <securityLending>
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      <invstOrSec>
        <name>Washington Federal Inc</name>
        <lei>N/A</lei>
        <title>WASH FED</title>
        <cusip>938824109</cusip>
        <identifiers>
          <isin value="US9388241096"/>
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        <balance>543575.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICA Gruppen AB</name>
        <lei>549300ZEFN8VKPK9I111</lei>
        <title>ICA GRUPPEN AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000652216"/>
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        <balance>95903.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Consolidated Edison Inc</name>
        <lei>54930033SBW53OO8T749</lei>
        <title>CONS EDISON INC</title>
        <cusip>209115104</cusip>
        <identifiers>
          <isin value="US2091151041"/>
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        <balance>99603.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7652498.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Republic Bank/CA</name>
        <lei>YWC0TIKBQM2JV8L4IV08</lei>
        <title>FIRST REPUBLIC B</title>
        <cusip>33616C100</cusip>
        <identifiers>
          <isin value="US33616C1009"/>
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        <balance>64243.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Vanguard Cmt Funds-Vanguard Market Liquidity Fund</name>
        <lei>1I6HV0TLSTR3A4XQ6L78</lei>
        <title>Vanguard Market Liquidity Fund</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <balance>154126.54080000</balance>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Chunghwa Telecom Co Ltd</name>
        <lei>N/A</lei>
        <title>CHUNGHWA TEL-ADR</title>
        <cusip>N/A</cusip>
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          <isin value="US17133Q5027"/>
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        <balance>142247.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5246069.36000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Bright Horizons Family Solutions Inc</name>
        <lei>N/A</lei>
        <title>BRIGHT HORIZONS</title>
        <cusip>109194100</cusip>
        <identifiers>
          <isin value="US1091941005"/>
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        <balance>79827.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8560647.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ServiceMaster Global Holdings Inc</name>
        <lei>549300GS10644JGL8R77</lei>
        <title>SERVICEMASTER GL</title>
        <cusip>81761R109</cusip>
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          <isin value="US81761R1095"/>
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        <balance>49359.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2018289.51000000</valUSD>
        <pctVal>0.059112163230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>National Presto Industries Inc</name>
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      <invstOrSec>
        <name>Viscofan SA</name>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Sonova Holding AG</name>
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        <name>Kone Oyj</name>
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        <name>Sysmex Corp</name>
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        <name>Kintetsu Group Holdings Co Ltd</name>
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        <name>Bank Polska Kasa Opieki SA</name>
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        <title>PEKAO</title>
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        <name>Texas Instruments Inc</name>
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        <title>TEXAS INSTRUMENT</title>
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        <name>Liberty Broadband Corp</name>
        <lei>549300MIX43II8JLN536</lei>
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        <name>OGE Energy Corp</name>
        <lei>CE5OG6JPOZMDSA0LAQ19</lei>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
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        <name>ITOCHU Corp</name>
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        <name>Kyowa Kirin Co Ltd</name>
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        <name>Houlihan Lokey Inc</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/TWD FWD 20200817</title>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola HBC AG</name>
        <lei>549300EFP3TNG7JGVE49</lei>
        <title>COCA-COLA HBC AG</title>
        <cusip>N/A</cusip>
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          <isin value="CH0198251305"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>American States Water Co</name>
        <lei>529900L26LIS2V8PWM23</lei>
        <title>AMER STATES WATE</title>
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          <isin value="US0298991011"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144470"/>
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        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alcon Inc</name>
        <lei>549300LDT5AP8S0NBM78</lei>
        <title>ALCON INC</title>
        <cusip>N/A</cusip>
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          <isin value="CH0432492467"/>
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        <balance>41500.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dr Reddy's Laboratories Ltd</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>DR. REDDY'S LABO</title>
        <cusip>N/A</cusip>
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          <isin value="US2561352038"/>
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        <balance>223887.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAL Education Group</name>
        <lei>5493003PJZS0EC085V72</lei>
        <title>TAL EDUCATIO-ADR</title>
        <cusip>N/A</cusip>
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          <isin value="US8740801043"/>
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        <balance>194154.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chubu Electric Power Co Inc</name>
        <lei>529900A76GOP0PGNHT63</lei>
        <title>CHUBU ELEC POWER</title>
        <cusip>N/A</cusip>
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          <isin value="JP3526600006"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Direct Line Insurance Group PLC</name>
        <lei>213800FF2R23ALJQOP04</lei>
        <title>DIRECT LINE INSU</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BY9D0Y18"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EUR/USD FWD 20200817</title>
        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTEUR__00144789"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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      <invstOrSec>
        <name>Elisa Oyj</name>
        <lei>743700TU2S3DXWGU7H32</lei>
        <title>ELISA OYJ</title>
        <cusip>N/A</cusip>
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          <isin value="FI0009007884"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marsh &amp; McLennan Cos Inc</name>
        <lei>549300XMP3KDCKJXIU47</lei>
        <title>MARSH &amp; MCLENNAN</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chugai Pharmaceutical Co Ltd</name>
        <lei>529900T9LAII161DCN95</lei>
        <title>CHUGAI PHARMA CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3519400000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Royal Gold Inc</name>
        <lei>5493001NGRU6SFL04184</lei>
        <title>ROYAL GOLD INC</title>
        <cusip>780287108</cusip>
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          <isin value="US7802871084"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/EUR FWD 20200817</title>
        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144435"/>
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        <balance>1.00000000</balance>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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      <invstOrSec>
        <name>Smiths Group PLC</name>
        <lei>213800MJL6IPZS3ASA11</lei>
        <title>SMITHS GRP PLC</title>
        <cusip>G82401111</cusip>
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          <isin value="GB00B1WY2338"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rightmove PLC</name>
        <lei>2138001JXGCFKBXYB828</lei>
        <title>RIGHTMOVE</title>
        <cusip>G75657109</cusip>
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          <isin value="GB00BGDT3G23"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Powszechny Zaklad Ubezpieczen SA</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>PZU</title>
        <cusip>N/A</cusip>
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          <isin value="PLPZU0000011"/>
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        <assetCat>EC</assetCat>
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        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chocoladefabriken Lindt &amp; Spruengli AG</name>
        <lei>529900JYJNNOKKAGK736</lei>
        <title>CHOCOLADEFABR-PC</title>
        <cusip>H49983184</cusip>
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          <isin value="CH0010570767"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tokyo Gas Co Ltd</name>
        <lei>353800678EIJLOQSWZ83</lei>
        <title>TOKYO GAS CO LTD</title>
        <cusip>N/A</cusip>
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          <isin value="JP3573000001"/>
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        <balance>44200.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/TWD FWD 20200817</title>
        <cusip>N/A</cusip>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>Samsung C&amp;T Corp</name>
        <lei>988400GFRE4IDFPE9E64</lei>
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          <isin value="KR7028260008"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EMCOR Group Inc</name>
        <lei>529900X0SQJB2J7YDU43</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telekomunikasi Indonesia Persero Tbk PT</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>TELEKOMUNIKA-ADR</title>
        <cusip>N/A</cusip>
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          <isin value="US7156841063"/>
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        <balance>271740.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Equity LifeStyle Properties Inc</name>
        <lei>529900PEQG66LENB6798</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bunzl PLC</name>
        <lei>213800Q1Q9DV4L78UM09</lei>
        <title>BUNZL PLC</title>
        <cusip>G16968110</cusip>
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          <isin value="GB00B0744B38"/>
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        <balance>36572.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Netmarble Corp</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="KR7251270005"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hawaiian Electric Industries Inc</name>
        <lei>JJ8FWOCWCV22X7GUPJ23</lei>
        <title>HAWAIIAN ELEC</title>
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          <isin value="US4198701009"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Expeditors International of Washington Inc</name>
        <lei>984500B055A804AB6E40</lei>
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          <isin value="US3021301094"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mitsubishi Materials Corp</name>
        <lei>35380076QOBOSOUBRT89</lei>
        <title>MITSUB MATERIALS</title>
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          <isin value="JP3903000002"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KYORIN Holdings Inc</name>
        <lei>N/A</lei>
        <title>KYORIN HLDGS</title>
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          <isin value="JP3247090008"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Equity Commonwealth</name>
        <lei>549300YPGVU9PR4L0606</lei>
        <title>EQUITY COMMONWEA</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Ferrovial SA</name>
        <lei>95980020140005757903</lei>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Fisher &amp; Paykel Healthcare Corp Ltd</name>
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        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sonoco Products Co</name>
        <lei>GKOMIK4RDJGHEF0VNP11</lei>
        <title>SONOCO PRODUCTS</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Community Bank System Inc</name>
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        <title>COMMUNITY BANK S</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ZTO Express Cayman Inc</name>
        <lei>549300SCJPK3YZJTJR78</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Chemed Corp</name>
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        <title>CHEMED CORP</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>JD.com Inc</name>
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        <name>Merck KGaA</name>
        <lei>529900OAREIS0MOPTW25</lei>
        <title>MERCK KGAA</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Graco Inc</name>
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      <invstOrSec>
        <name>KGHM Polska Miedz SA</name>
        <lei>G30CO71KTT9JDYJESN22</lei>
        <title>KGHM</title>
        <cusip>N/A</cusip>
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        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Korea Zinc Co Ltd</name>
        <lei>988400D0HSQUB1I1VO41</lei>
        <title>KOREA ZINC CO</title>
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        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>SPI 200 FUTURES   Sep20</title>
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          <ticker value="XPU0"/>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>MORGAN STANLEY AND CO. INT'L LIMITED</counterpartyName>
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      <invstOrSec>
        <name>Church &amp; Dwight Co Inc</name>
        <lei>POOXSI30AWAQGYJZC921</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Glacier Bancorp Inc</name>
        <lei>549300SMJAUKZB5D7V74</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>George Weston Ltd</name>
        <lei>549300GEHU6LUSPS7Q65</lei>
        <title>WESTON (GEORGE)</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GlaxoSmithKline PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United Overseas Bank Ltd</name>
        <lei>IO66REGK3RCBAMA8HR66</lei>
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        <cusip>N/A</cusip>
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          <isin value="SG1M31001969"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Merlin Properties Socimi SA</name>
        <lei>959800L8KD863DP30X04</lei>
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        <cusip>N/A</cusip>
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          <isin value="ES0105025003"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commerce Bancshares Inc/MO</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verint Systems Inc</name>
        <lei>549300KEQJS5FRVUCO94</lei>
        <title>VERINT SYSTEMS</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Becton Dickinson and Co</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>FTSE 100 IDX FUT  Sep20</title>
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          <isin value="GB00HBBG0L85"/>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shaw Communications Inc</name>
        <lei>549300SCT0RG6178CI40</lei>
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          <isin value="CA82028K2002"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ramsay Health Care Ltd</name>
        <lei>549300QBX122KF2JPI10</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Powszechna Kasa Oszczednosci Bank Polski SA</name>
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        <title>PKOBP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Kagome Co Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Coloplast A/S</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>China Mengniu Dairy Co Ltd</name>
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        <title>MENGNIU DAIRY</title>
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        <name>Alibaba Group Holding Ltd</name>
        <lei>5493001NTNQJDH60PM02</lei>
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        <name>Takashimaya Co Ltd</name>
        <lei>353800IFO566STDN4V78</lei>
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        <name>Toho Co Ltd/Tokyo</name>
        <lei>529900IYHHYWU4O3H185</lei>
        <title>TOHO CO LTD</title>
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        <name>Portland General Electric Co</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>PORTLAND GENERAL</title>
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        <assetCat>EC</assetCat>
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        <name>Flowers Foods Inc</name>
        <lei>7YNCQQNDK8FBM9BBTK25</lei>
        <title>FLOWERS FOODS</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Swiss Prime Site AG</name>
        <lei>506700XI9H64OPR34158</lei>
        <title>SWISS PRIME -REG</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Madison Square Garden Sports Corp</name>
        <lei>N/A</lei>
        <title>MADISON SQUARE G</title>
        <cusip>55825T103</cusip>
        <identifiers>
          <isin value="US55825T1034"/>
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        <balance>10813.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1661849.97000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RenaissanceRe Holdings Ltd</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RENAISSANCERE</title>
        <cusip>G7496G103</cusip>
        <identifiers>
          <isin value="BMG7496G1033"/>
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        <balance>98698.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17803145.24000000</valUSD>
        <pctVal>0.521422928788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tryg A/S</name>
        <lei>213800ZRS8AC4LSTCE39</lei>
        <title>TRYG A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060636678"/>
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        <balance>101509.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="0.15818500"/>
        <valUSD>2987023.49500000</valUSD>
        <pctVal>0.087484684201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UDG Healthcare PLC</name>
        <lei>549300IWG5ZPP6B8HH13</lei>
        <title>UDG HEALTHCARE P</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0033024807"/>
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        <balance>88073.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="1.30900300"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lancaster Colony Corp</name>
        <lei>529900X4O13HED1ZAS58</lei>
        <title>LANCASTER COLONY</title>
        <cusip>513847103</cusip>
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          <isin value="US5138471033"/>
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        <balance>36026.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5713363.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cia Brasileira de Distribuicao</name>
        <lei>5299003V5B6KLICZCC14</lei>
        <title>PAO ACUCAR-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US20440T3005"/>
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        <balance>46679.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>636234.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oracle Corp</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP</title>
        <cusip>68389X105</cusip>
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          <isin value="US68389X1054"/>
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        <balance>924242.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51249218.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>POSCO</name>
        <lei>988400E5HRVX81AYLM04</lei>
        <title>POSCO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7005490008"/>
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        <balance>27961.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="0.00083900"/>
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        <pctVal>0.132149966719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICICI Bank Ltd</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI BANK-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US45104G1040"/>
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        <balance>849861.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7980194.79000000</valUSD>
        <pctVal>0.233725922223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FUJIFILM Holdings Corp</name>
        <lei>529900UBKMFM0ST6H474</lei>
        <title>FUJIFILM HOLDING</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3814000000"/>
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        <balance>100400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
        <valUSD>4490145.54600000</valUSD>
        <pctVal>0.131508495252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Polyus PJSC</name>
        <lei>549300FUXVT7TF6ZKV71</lei>
        <title>POLYUS PJSC-G</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US73181M1172"/>
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        <balance>13466.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1539751.28600000</valUSD>
        <pctVal>0.045096617161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Yum China Holdings Inc</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>YUM CHINA HO</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
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        <balance>187880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9626971.20000000</valUSD>
        <pctVal>0.281957117733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enel Americas SA</name>
        <lei>549300LKH11TFCJLZK20</lei>
        <title>ENEL AMERICA-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US29274F1049"/>
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        <balance>542583.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4107353.31000000</valUSD>
        <pctVal>0.120297181402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hydro One Ltd</name>
        <lei>5493007QZDXTP1W2VL44</lei>
        <title>HYDRO ONE LTD</title>
        <cusip>448811208</cusip>
        <identifiers>
          <isin value="CA4488112083"/>
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        <balance>44707.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="0.74657500"/>
        <valUSD>952583.36000000</valUSD>
        <pctVal>0.027899497464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Calbee Inc</name>
        <lei>529900CIHZID6O8LJH81</lei>
        <title>CALBEE INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3220580009"/>
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        <balance>104300.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
        <valUSD>3314377.99700000</valUSD>
        <pctVal>0.097072323963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/NZD FWD 20200817</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="AASECID" value="A124CCTUSD__00144430"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-14298.20000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NTT DOCOMO Inc</name>
        <lei>353800TVPXCGWDZIIU09</lei>
        <title>NTT DOCOMO INC</title>
        <cusip>N/A</cusip>
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          <isin value="JP3165650007"/>
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        <balance>172300.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Valmont Industries Inc</name>
        <lei>5493009ZGZJJ8F77JN08</lei>
        <title>VALMONT INDS</title>
        <cusip>920253101</cusip>
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          <isin value="US9202531011"/>
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        <balance>7060.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>855672.00000000</valUSD>
        <pctVal>0.025061133541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Intact Financial Corp</name>
        <lei>5493009LXGE7Y4U9OY43</lei>
        <title>INTACT FINANCIAL</title>
        <cusip>45823T106</cusip>
        <identifiers>
          <isin value="CA45823T1066"/>
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        <balance>73870.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="0.74657500"/>
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        <pctVal>0.236211566900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Black Knight Inc</name>
        <lei>549300TUSNXS3BFFML48</lei>
        <title>BLACK KNIGHT</title>
        <cusip>09215C105</cusip>
        <identifiers>
          <isin value="US09215C1053"/>
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        <balance>455689.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34140219.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banco Santander Chile</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>BANCO SANTAN-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US05965X1090"/>
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        <balance>53157.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>909516.27000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Want Want China Holdings Ltd</name>
        <lei>5299005HZCEKX4O1J230</lei>
        <title>WANT WANT CHINA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9431R1039"/>
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        <balance>2935000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="0.12902700"/>
        <valUSD>2172047.02100000</valUSD>
        <pctVal>0.063615451308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CMS Energy Corp</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS ENERGY CORP</title>
        <cusip>125896100</cusip>
        <identifiers>
          <isin value="US1258961002"/>
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        <balance>128916.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8273828.88000000</valUSD>
        <pctVal>0.242325950204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TFS Financial Corp</name>
        <lei>N/A</lei>
        <title>TFS FINANCIAL CO</title>
        <cusip>87240R107</cusip>
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          <isin value="US87240R1077"/>
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        <balance>196447.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2844552.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Music Entertainment Group</name>
        <lei>213800XTZK2GOHQTYK41</lei>
        <title>TENCENT MUSI-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US88034P1093"/>
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        <balance>969275.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15644098.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Hawaii Corp</name>
        <lei>5493006Q8BQ8AD8M2U33</lei>
        <title>BANK OF HAWAII</title>
        <cusip>062540109</cusip>
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          <isin value="US0625401098"/>
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        <balance>83472.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4727019.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Loblaw Cos Ltd</name>
        <lei>5493008LN3O1DIDTSH67</lei>
        <title>LOBLAW COS LTD</title>
        <cusip>539481101</cusip>
        <identifiers>
          <isin value="CA5394811015"/>
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        <balance>76082.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="0.74657500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UnipolSai Assicurazioni SpA</name>
        <lei>815600E31C4E7006AB54</lei>
        <title>UNIPOLSAI SPA</title>
        <cusip>N/A</cusip>
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          <isin value="IT0004827447"/>
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        <balance>656555.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.17795300"/>
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        <pctVal>0.049384944583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WALMART INC</title>
        <cusip>931142103</cusip>
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          <isin value="US9311421039"/>
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        <balance>402771.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52118567.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Canon Inc</name>
        <lei>529900JH1GSC035SSP77</lei>
        <title>CANON INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3242800005"/>
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        <balance>1193600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capcom Co Ltd</name>
        <lei>529900JJWQKXS3TC8744</lei>
        <title>CAPCOM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3218900003"/>
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        <balance>25200.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <pctVal>0.029006513756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Telefonica Brasil SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>TELEFONICA B-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US87936R1068"/>
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        <balance>1702085.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17174037.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Toho Gas Co Ltd</name>
        <lei>353800BCVTE4F8012906</lei>
        <title>TOHO GAS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3600200004"/>
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        <balance>41500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
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        <pctVal>0.053041794862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tate &amp; Lyle PLC</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>TATE &amp; LYLE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008754136"/>
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        <balance>850580.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="1.30900300"/>
        <valUSD>7239614.14700000</valUSD>
        <pctVal>0.212035612861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLETE Inc</name>
        <lei>549300NNLSIMY6Z8OT86</lei>
        <title>ALLETE INC</title>
        <cusip>018522300</cusip>
        <identifiers>
          <isin value="US0185223007"/>
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        <balance>129388.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7672708.40000000</valUSD>
        <pctVal>0.224720184649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NorthWestern Corp</name>
        <lei>3BPWMBHR1R9SHUN7J795</lei>
        <title>NORTHWESTERN COR</title>
        <cusip>668074305</cusip>
        <identifiers>
          <isin value="US6680743050"/>
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        <balance>174470.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9815682.20000000</valUSD>
        <pctVal>0.287484132257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wesfarmers Ltd</name>
        <lei>5493003L32ZX9557ST85</lei>
        <title>WESFARMERS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WES1"/>
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        <balance>1369301.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="0.71445400"/>
        <valUSD>45526462.75000000</valUSD>
        <pctVal>1.333390320894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EUR/USD FWD 20200817</title>
        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTEUR__00146005"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-23410.06000000</valUSD>
        <pctVal>-0.00068563963</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Geberit AG</name>
        <lei>52990093Z5OHD6T7BS47</lei>
        <title>GEBERIT AG-REG</title>
        <cusip>H2942E124</cusip>
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          <isin value="CH0030170408"/>
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        <balance>16853.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WD-40 Co</name>
        <lei>549300UZHTN0CNKBOB19</lei>
        <title>WD-40 CO</title>
        <cusip>929236107</cusip>
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          <isin value="US9292361071"/>
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        <balance>9565.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1880000.75000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Microelectronics Corp</name>
        <lei>391200YJCAGH9LF96P73</lei>
        <title>UNITED MICRO-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US9108734057"/>
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        <balance>995508.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3683379.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nippon Telegraph &amp; Telephone Corp</name>
        <lei>353800VHQU5VIXVUA841</lei>
        <title>NIPPON TELEGRAPH</title>
        <cusip>J59396101</cusip>
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          <isin value="JP3735400008"/>
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        <balance>183900.00000000</balance>
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        <pctVal>0.125019453754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Skylark Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>SKYLARK HOLDINGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3396210001"/>
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        <balance>635100.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Sofina SA</name>
        <lei>5493000GMVR38VUO5D39</lei>
        <title>SOFINA</title>
        <cusip>B80925124</cusip>
        <identifiers>
          <isin value="BE0003717312"/>
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        <balance>4201.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.17795300"/>
        <valUSD>1176686.59600000</valUSD>
        <pctVal>0.034463088565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lawson Inc</name>
        <lei>529900IWO8XQO92PR233</lei>
        <title>LAWSON INC</title>
        <cusip>J3871L103</cusip>
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          <isin value="JP3982100004"/>
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        <balance>17400.00000000</balance>
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        <valUSD>866464.60480000</valUSD>
        <pctVal>0.025377230025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P500 EMINI FUT  Sep20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ESU0"/>
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        <balance>15.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2447625.00000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>MORGAN STANLEY &amp; CO LLC</counterpartyName>
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      <invstOrSec>
        <name>Genpact Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DouYu International Holdings Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>Newcrest Mining Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Northwest Bancshares Inc</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Bank Hapoalim BM</name>
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      <invstOrSec>
        <name>Keio Corp</name>
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        <name>Roche Holding AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Agnico Eagle Mines Ltd</name>
        <lei>YGE0EUBRF7IJOB3QRX76</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Amdocs Ltd</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Knorr-Bremse AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Halma PLC</name>
        <lei>2138007FRGLUR9KGBT40</lei>
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        <name>Globus Medical Inc</name>
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        <assetCat>EC</assetCat>
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        <name>Microsoft Corp</name>
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        <assetCat>EC</assetCat>
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        <name>B&amp;M European Value Retail SA</name>
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        <name>CK Hutchison Holdings Ltd</name>
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        <name>Jardine Matheson Holdings Ltd</name>
        <lei>2138009KENVUNWOLPK41</lei>
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        <name>N/A</name>
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        <name>Toyo Suisan Kaisha Ltd</name>
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        <title>TOYO SUISAN KAI</title>
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        <name>MS&amp;AD Insurance Group Holdings Inc</name>
        <lei>529900CXROT5S2HMMP26</lei>
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        <name>Power Assets Holdings Ltd</name>
        <lei>254900JOWYUW1ZX4DF47</lei>
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        <name>KT&amp;G Corp</name>
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        <title>KT&amp;G CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="DE000C2Q0WP2"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144440"/>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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      <invstOrSec>
        <name>MDU Resources Group Inc</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tokyu Corp</name>
        <lei>3538005PGNIBTZYXAE45</lei>
        <title>TOKYU CORP</title>
        <cusip>N/A</cusip>
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          <isin value="JP3574200006"/>
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        <balance>70400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CK Infrastructure Holdings Ltd</name>
        <lei>5299005U11RQ1C27MR12</lei>
        <title>CKI HOLDINGS</title>
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          <isin value="BMG2178K1009"/>
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        <balance>137500.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="0.12902700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emera Inc</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>EMERA INC</title>
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          <isin value="CA2908761018"/>
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        <balance>472936.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/HKD FWD 20200817</title>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144450"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BNP PARIBAS</counterpartyName>
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      <invstOrSec>
        <name>Avista Corp</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>AVISTA CORP</title>
        <cusip>05379B107</cusip>
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          <isin value="US05379B1070"/>
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        <balance>124071.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>NOVO NORDISK-B</title>
        <cusip>K72807132</cusip>
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          <isin value="DK0060534915"/>
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        <balance>137139.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="0.15818500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic Services Inc</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>REPUBLIC SVCS</title>
        <cusip>760759100</cusip>
        <identifiers>
          <isin value="US7607591002"/>
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        <balance>484392.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42263202.00000000</valUSD>
        <pctVal>1.237815131526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tyler Technologies Inc</name>
        <lei>N/A</lei>
        <title>TYLER TECHNOLOG</title>
        <cusip>902252105</cusip>
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        <balance>98269.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chugoku Electric Power Co Inc/The</name>
        <lei>353800MV866ELME96Q46</lei>
        <title>CHUGOKU ELEC PWR</title>
        <cusip>N/A</cusip>
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          <isin value="JP3522200009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Activision Blizzard Inc</name>
        <lei>549300TPQQDBP9GNOF40</lei>
        <title>ACTIVISION BLIZZ</title>
        <cusip>00507V109</cusip>
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          <isin value="US00507V1098"/>
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        <balance>524295.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DTE Energy Co</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE ENERGY CO</title>
        <cusip>233331107</cusip>
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        <balance>16589.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan Post Bank Co Ltd</name>
        <lei>5493006JVO6N2HC2XZ76</lei>
        <title>JAPAN POST BANK</title>
        <cusip>N/A</cusip>
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          <isin value="JP3946750001"/>
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        <balance>360700.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J2 Global Inc</name>
        <lei>5493008OJYGLHD7MXA18</lei>
        <title>J2 GLOBAL INC</title>
        <cusip>48123V102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Infosys Ltd</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>INFOSYS LTD-ADR</title>
        <cusip>N/A</cusip>
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        <balance>1545169.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zoetis Inc</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>ZOETIS INC</title>
        <cusip>98978V103</cusip>
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        <balance>98633.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arthur J Gallagher &amp; Co</name>
        <lei>54930049QLLMPART6V29</lei>
        <title>ARTHUR J GALLAGH</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ezaki Glico Co Ltd</name>
        <lei>3538001RG4BHKDFV6G61</lei>
        <title>EZAKI GLICO</title>
        <cusip>N/A</cusip>
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          <isin value="JP3161200005"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nestle SA</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
        <title>NESTLE SA-REG</title>
        <cusip>H57312649</cusip>
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          <isin value="CH0038863350"/>
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        <balance>50386.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ProAssurance Corp</name>
        <lei>54930015E5J57R675E89</lei>
        <title>PROASSURANCE COR</title>
        <cusip>74267C106</cusip>
        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Financial Bankshares Inc</name>
        <lei>549300XN3GTGOENGNV49</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>InterDigital Inc</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Broadridge Financial Solutions Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HMS Holdings Corp</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amgen Inc</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth Bank of Australia</name>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Japan Railway Co</name>
        <lei>353800QGUXHZ7EBCR121</lei>
        <title>WEST JAPAN RAILW</title>
        <cusip>J95094108</cusip>
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          <isin value="JP3659000008"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Assicurazioni Generali SpA</name>
        <lei>549300X5UKJVE386ZB61</lei>
        <title>GENERALI ASSIC</title>
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        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BWP Trust</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Reckitt Benckiser Group PLC</name>
        <lei>5493003JFSMOJG48V108</lei>
        <title>RECKITT BENCKISE</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>W R Berkley Corp</name>
        <lei>SQOAGCLKBDWNVYV1OV80</lei>
        <title>WR BERKLEY CORP</title>
        <cusip>084423102</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ampol Ltd</name>
        <lei>5493009TD1CGVRZ27U11</lei>
        <title>AMPOL LTD</title>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <title>INR/USD FWD 20200817</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Quest Diagnostics Inc</name>
        <lei>8MCWUBXQ0WE04KMXBX50</lei>
        <title>QUEST DIAGNOSTIC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Nissin Foods Holdings Co Ltd</name>
        <lei>529900YMZMNSHC1W6V41</lei>
        <title>NISSIN FOODS HOL</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Hannover Rueck SE</name>
        <lei>529900KIN5BE45V5KB18</lei>
        <title>HANNOVER RUECK S</title>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>BOC Hong Kong Holdings Ltd</name>
        <lei>N/A</lei>
        <title>BOC HONG KONG HO</title>
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        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Axis Capital Holdings Ltd</name>
        <lei>N/A</lei>
        <title>AXIS CAPITAL</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>East Japan Railway Co</name>
        <lei>353800SENYJ2DSM6PS44</lei>
        <title>EAST JAPAN RAIL</title>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Alliant Energy Corp</name>
        <lei>5493009ML300G373MZ12</lei>
        <title>ALLIANT ENERGY</title>
        <cusip>018802108</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ABC-Mart Inc</name>
        <lei>353800AXWW4CMTSJWL33</lei>
        <title>ABC-MART INC</title>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Red Electrica Corp SA</name>
        <lei>5493009HMD0C90GUV498</lei>
        <title>RED ELECTRICA</title>
        <cusip>E42807110</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Parcel Service Inc</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
        <title>UNITED PARCEL-B</title>
        <cusip>911312106</cusip>
        <identifiers>
          <isin value="US9113121068"/>
        </identifiers>
        <balance>98358.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14041588.08000000</valUSD>
        <pctVal>0.411253510703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGL Energy Ltd</name>
        <lei>549300QAZ8A74DEDXO80</lei>
        <title>AGL ENERGY LTD</title>
        <cusip>Q01630195</cusip>
        <identifiers>
          <isin value="AU000000AGL7"/>
        </identifiers>
        <balance>673832.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="0.71445400"/>
        <valUSD>7981899.47700000</valUSD>
        <pctVal>0.233775849519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pan Pacific International Holdings Corp</name>
        <lei>529900QLHJM2E18A5763</lei>
        <title>PAN PACIFIC INTE</title>
        <cusip>J1235L108</cusip>
        <identifiers>
          <isin value="JP3639650005"/>
        </identifiers>
        <balance>699000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
        <valUSD>15842847.20000000</valUSD>
        <pctVal>0.464009234099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Murphy USA Inc</name>
        <lei>549300Y081F8XIKQIO72</lei>
        <title>MURPHY USA INC</title>
        <cusip>626755102</cusip>
        <identifiers>
          <isin value="US6267551025"/>
        </identifiers>
        <balance>79292.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10499053.72000000</valUSD>
        <pctVal>0.307498886651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Motorola Solutions Inc</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>MOTOROLA SOLUTIO</title>
        <cusip>620076307</cusip>
        <identifiers>
          <isin value="US6200763075"/>
        </identifiers>
        <balance>85082.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11894463.60000000</valUSD>
        <pctVal>0.348367996950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brown &amp; Brown Inc</name>
        <lei>549300PC8KTJ71XKFY89</lei>
        <title>BROWN &amp; BROWN</title>
        <cusip>115236101</cusip>
        <identifiers>
          <isin value="US1152361010"/>
        </identifiers>
        <balance>658622.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29947542.34000000</valUSD>
        <pctVal>0.877111040012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qualys Inc</name>
        <lei>549300EMBXYOW9W1XA17</lei>
        <title>QUALYS INC</title>
        <cusip>74758T303</cusip>
        <identifiers>
          <isin value="US74758T3032"/>
        </identifiers>
        <balance>62107.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7668972.36000000</valUSD>
        <pctVal>0.224610762584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Leumi Le-Israel BM</name>
        <lei>7JDSZWRGUQY2DSTWCR57</lei>
        <title>BANK LEUMI LE-IS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006046119"/>
        </identifiers>
        <balance>502855.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="0.29369000"/>
        <valUSD>2549164.51400000</valUSD>
        <pctVal>0.074660561880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Metro Inc/CN</name>
        <lei>549300KQ7DCG4IXSNW78</lei>
        <title>METRO INC/CN</title>
        <cusip>59162N109</cusip>
        <identifiers>
          <isin value="CA59162N1096"/>
        </identifiers>
        <balance>116208.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="0.74657500"/>
        <valUSD>5097899.94000000</valUSD>
        <pctVal>0.149308556524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capitol Federal Financial Inc</name>
        <lei>N/A</lei>
        <title>CAPITOL FEDERAL</title>
        <cusip>14057J101</cusip>
        <identifiers>
          <isin value="US14057J1016"/>
        </identifiers>
        <balance>455900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4399435.00000000</valUSD>
        <pctVal>0.128851742306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paychex Inc</name>
        <lei>529900K900DW6SUBM174</lei>
        <title>PAYCHEX INC</title>
        <cusip>704326107</cusip>
        <identifiers>
          <isin value="US7043261079"/>
        </identifiers>
        <balance>384895.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27681648.40000000</valUSD>
        <pctVal>0.810746976887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rayonier Inc</name>
        <lei>HGV8VDVNL0W6SF2U9C50</lei>
        <title>RAYONIER INC</title>
        <cusip>754907103</cusip>
        <identifiers>
          <isin value="US7549071030"/>
        </identifiers>
        <balance>142286.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3952705.08000000</valUSD>
        <pctVal>0.115767805725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hera SpA</name>
        <lei>8156009414FD99443B48</lei>
        <title>HERA SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001250932"/>
        </identifiers>
        <balance>543844.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.17795300"/>
        <valUSD>2090585.98800000</valUSD>
        <pctVal>0.061229600390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Mobile Ltd</name>
        <lei>529900U2JJ7GK68NI589</lei>
        <title>CHINA MOBILE-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US16941M1099"/>
        </identifiers>
        <balance>838504.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28559446.24000000</valUSD>
        <pctVal>0.836456137513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Admiral Group PLC</name>
        <lei>213800FGVM7Z9EJB2685</lei>
        <title>ADMIRAL GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B02J6398"/>
        </identifiers>
        <balance>243447.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="1.30900300"/>
        <valUSD>7591848.52100000</valUSD>
        <pctVal>0.222351940478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuehne + Nagel International AG</name>
        <lei>529900Q0YED3805QXQ66</lei>
        <title>KUEHNE &amp; NAGEL-R</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0025238863"/>
        </identifiers>
        <balance>32263.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="1.09343400"/>
        <valUSD>5561718.24900000</valUSD>
        <pctVal>0.162892982076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dollar General Corp</name>
        <lei>OPX52SQVOZI8IVSWYU66</lei>
        <title>DOLLAR GENERAL C</title>
        <cusip>256677105</cusip>
        <identifiers>
          <isin value="US2566771059"/>
        </identifiers>
        <balance>247958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47211203.20000000</valUSD>
        <pctVal>1.382733416614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Newmont Corp</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>NEWMONT CORP</title>
        <cusip>651639106</cusip>
        <identifiers>
          <isin value="US6516391066"/>
        </identifiers>
        <balance>379970.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26293924.00000000</valUSD>
        <pctVal>0.770102960830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citrix Systems Inc</name>
        <lei>HCTKJGUQOPZ5NBK7NP58</lei>
        <title>CITRIX SYSTEMS</title>
        <cusip>177376100</cusip>
        <identifiers>
          <isin value="US1773761002"/>
        </identifiers>
        <balance>355619.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50768168.44000000</valUSD>
        <pctVal>1.486910695855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Service Corp International/US</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SERVICE CORP INT</title>
        <cusip>817565104</cusip>
        <identifiers>
          <isin value="US8175651046"/>
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        <balance>529144.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22943683.84000000</valUSD>
        <pctVal>0.671980296952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vir Biotechnology Inc</name>
        <lei>N/A</lei>
        <title>VIR BIOTECHNOLOG</title>
        <cusip>92764N102</cusip>
        <identifiers>
          <isin value="US92764N1028"/>
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        <balance>101273.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4836798.48000000</valUSD>
        <pctVal>0.141661352272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medipal Holdings Corp</name>
        <lei>353800PJDODZEA4NP730</lei>
        <title>MEDIPAL HD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3268950007"/>
        </identifiers>
        <balance>60600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
        <valUSD>1109805.51100000</valUSD>
        <pctVal>0.032504258777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cofinimmo SA</name>
        <lei>549300TM914CSF6KI389</lei>
        <title>COFINIMMO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003593044"/>
        </identifiers>
        <balance>4835.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.17795300"/>
        <valUSD>690120.49700000</valUSD>
        <pctVal>0.020212420103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzuken Co Ltd/Aichi Japan</name>
        <lei>N/A</lei>
        <title>SUZUKEN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3398000004"/>
        </identifiers>
        <balance>24500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.00944700"/>
        <valUSD>871516.65760000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Globe Life Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AGNC Investment Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dollarama Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>America Movil SAB de CV</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Hanover Insurance Group Inc/The</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Alphabet Inc</name>
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        <title>ALPHABET INC-C</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>ROYAL BANK OF CANADA</counterpartyName>
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      <invstOrSec>
        <name>Incyte Corp</name>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>EastGroup Properties Inc</name>
        <lei>31TIGQQZC4P6JMHKSW85</lei>
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        <name>N/A</name>
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        <name>MTR Corp Ltd</name>
        <lei>254900IH4U9NHH9AQM97</lei>
        <title>MTR CORP</title>
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        <name>N/A</name>
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        <name>Franco-Nevada Corp</name>
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        <name>Odakyu Electric Railway Co Ltd</name>
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        <name>Keihan Holdings Co Ltd</name>
        <lei>353800ADZSZ9AD39RL13</lei>
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        <name>Sberbank of Russia PJSC</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>SBERBANK-SP ADR</title>
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        <name>DCC PLC</name>
        <lei>213800UPS1QEE4TD3T45</lei>
        <title>DCC PLC</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/GBP FWD 20200817</title>
        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144433"/>
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        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sekisui House Ltd</name>
        <lei>529900GMNDOYQSAJAE76</lei>
        <title>SEKISUI HOUSE</title>
        <cusip>J70746136</cusip>
        <identifiers>
          <isin value="JP3420600003"/>
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        <balance>157000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chow Tai Fook Jewellery Group Ltd</name>
        <lei>254900VXRL7SRSF44G79</lei>
        <title>CHOW TAI FOOK JE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG211461085"/>
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        <balance>1131200.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="0.12902700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kewpie Corp</name>
        <lei>529900LQQ53U4P4VZN24</lei>
        <title>KEWPIE</title>
        <cusip>J33097106</cusip>
        <identifiers>
          <isin value="JP3244800003"/>
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        <balance>46300.00000000</balance>
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        <pctVal>0.024137106130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Polymetal International PLC</name>
        <lei>213800JKJ5HJWYS4GR61</lei>
        <title>POLYMETAL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B6T5S470"/>
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        <balance>225140.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="1.30900300"/>
        <valUSD>5569112.41200000</valUSD>
        <pctVal>0.163109544154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dolby Laboratories Inc</name>
        <lei>549300X04FB2QPCJ5J24</lei>
        <title>DOLBY LABORATO-A</title>
        <cusip>25659T107</cusip>
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          <isin value="US25659T1079"/>
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        <balance>89433.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6224536.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kakao Corp</name>
        <lei>988400FTKUBQXKVZP434</lei>
        <title>KAKAO CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7035720002"/>
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        <balance>18849.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="0.00083900"/>
        <valUSD>5468388.77100000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gilead Sciences Inc</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILEAD SCIENCES</title>
        <cusip>375558103</cusip>
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          <isin value="US3755581036"/>
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        <balance>634794.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ricoh Co Ltd</name>
        <lei>549300HFIB2GRUMDID72</lei>
        <title>RICOH CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3973400009"/>
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        <balance>182400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merck &amp; Co Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>MERCK &amp; CO</title>
        <cusip>58933Y105</cusip>
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          <isin value="US58933Y1055"/>
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        <balance>644826.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>John Wiley &amp; Sons Inc</name>
        <lei>5493003XM719UN7E8P64</lei>
        <title>WILEY JOHN&amp;SON-A</title>
        <cusip>968223206</cusip>
        <identifiers>
          <isin value="US9682232064"/>
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        <balance>24872.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>841419.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AptarGroup Inc</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
        <title>APTARGROUP INC</title>
        <cusip>038336103</cusip>
        <identifiers>
          <isin value="US0383361039"/>
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        <balance>337637.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38895782.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yandex NV</name>
        <lei>549300GGZHJ5Q1B18P93</lei>
        <title>YANDEX NV-A</title>
        <cusip>N97284108</cusip>
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          <isin value="NL0009805522"/>
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        <balance>119955.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Grid PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PL</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BDR05C01"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Biologic Products Holdings Inc</name>
        <lei>529900C439Y0Z6RPYG51</lei>
        <title>CHINA BIOLOGIC PR</title>
        <cusip>G21515104</cusip>
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          <isin value="KYG215151047"/>
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        <balance>81890.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Toshiba Corp</name>
        <lei>549300LBHTST91VKHO68</lei>
        <title>TOSHIBA CORP</title>
        <cusip>N/A</cusip>
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          <isin value="JP3592200004"/>
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        <balance>43900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Novartis AG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
        <title>NOVARTIS AG-REG</title>
        <cusip>H5820Q150</cusip>
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          <isin value="CH0012005267"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SG Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>SG HOLDINGS CO L</title>
        <cusip>J7134P108</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colgate-Palmolive Co</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
        <title>COLGATE-PALMOLIV</title>
        <cusip>194162103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERCO</name>
        <lei>5493003WIDMLDHYC6Y24</lei>
        <title>AMERCO</title>
        <cusip>023586100</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Reliance Steel &amp; Aluminum Co</name>
        <lei>549300E287ZOFT3C5Z56</lei>
        <title>RELIANCE STEEL</title>
        <cusip>759509102</cusip>
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          <isin value="US7595091023"/>
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        <balance>46411.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Smith &amp; Nephew PLC</name>
        <lei>213800ZTMDN8S67S1H61</lei>
        <title>SMITH &amp; NEPHEW</title>
        <cusip>G82343164</cusip>
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          <isin value="GB0009223206"/>
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        <balance>542176.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Silgan Holdings Inc</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
        <title>SILGAN HOLDINGS</title>
        <cusip>827048109</cusip>
        <identifiers>
          <isin value="US8270481091"/>
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        <balance>156461.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="AASECID" value="A124CCTUSD__00144468"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>CACI International Inc</name>
        <lei>SYRPI2D1O9WRTS2WX210</lei>
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          <isin value="US1271903049"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOS Food Services Inc</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="JP3922400001"/>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <cusip>N/A</cusip>
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          <isin value="GB0005405286"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vanguard Cmt Funds-Vanguard Market Liquidity Fund</name>
        <lei>1I6HV0TLSTR3A4XQ6L78</lei>
        <title>Vanguard Market Liquidity Fund</title>
        <cusip>N/A</cusip>
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          <other otherDesc="FAID" value="CMT001142"/>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sonic Healthcare Ltd</name>
        <lei>549300NQQ5L2NONWR862</lei>
        <title>SONIC HEALTHCARE</title>
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          <isin value="AU000000SHL7"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carlisle Cos Inc</name>
        <lei>XR64VGX1ZPX6G7ZN7Z11</lei>
        <title>CARLISLE COS INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kaiser Aluminum Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Schindler Holding AG</name>
        <lei>5299007DRLI319H7Q933</lei>
        <title>SCHINDLER HLD-PC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colruyt SA</name>
        <lei>5493000O0NZ1BCXO8K39</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nippon Shinyaku Co Ltd</name>
        <lei>N/A</lei>
        <title>NIPPON SHINYAKU</title>
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          <isin value="JP3717600005"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Samsung Electronics Co Ltd</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>SAMSUNG ELECTRON</title>
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          <isin value="KR7005930003"/>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hang Seng Bank Ltd</name>
        <lei>5493009Z5F07LWZYMK62</lei>
        <title>HANG SENG BANK</title>
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        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ajinomoto Co Inc</name>
        <lei>353800UT0TLROREPIC92</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Nitori Holdings Co Ltd</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NewMarket Corp</name>
        <lei>54930082CG88ERDREQ47</lei>
        <title>NEWMARKET CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Aena SME SA</name>
        <lei>959800R7QMXKF0NFMT29</lei>
        <title>AENA SME SA</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BCE Inc</name>
        <lei>5493001I9203PRB5KR45</lei>
        <title>BCE INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MAXIMUS Inc</name>
        <lei>549300DQCDS8HJ7QF202</lei>
        <title>MAXIMUS INC</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Wilmar International Ltd</name>
        <lei>549300H2EAI4YRLWBB20</lei>
        <title>WILMAR INTERNATI</title>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD/INR FWD 20200817</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Seiko Epson Corp</name>
        <lei>549300NIOFQDR749W206</lei>
        <title>SEIKO EPSON</title>
        <cusip>N/A</cusip>
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          <isin value="JP3414750004"/>
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        <balance>92400.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>VANGUARD WHITEHALL FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Christine M. Buchanan</ncom:signature>
      <ncom:signerName>Christine M. Buchanan</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
