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    <isConfidential>false</isConfidential>
    <filerInfo>

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        <issuerCredentials>
          <cik>0001014913</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
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        <classId>C000214112</classId>
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      <regFileNumber>811-07685</regFileNumber>
      <regCik>0001014913</regCik>
      <regLei>549300TMAADQMXZCXG08</regLei>
      <regStreet1>400 Skokie Blvd</regStreet1>
      <regStreet2>Suite 500</regStreet2>
      <regCity>Northbrook</regCity>
      <regStateConditional regCountry="US" regState="US-IL"/>
      <regZipOrPostalCode>60062-2815</regZipOrPostalCode>
      <regPhone>847-509-9860</regPhone>
      <seriesName>Frontier Caravan Emerging Markets Fund</seriesName>
      <seriesId>S000066315</seriesId>
      <seriesLei>549300IXX33VG2I2GR15</seriesLei>
      <repPdEnd>2020-06-30</repPdEnd>
      <repPdDate>2020-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>74664.340000000000</totLiabs>
      <netAssets>15345671.010000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.000000000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.000000000000</amtPayAftOneYrBanksBorr>
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      <amtPayAftOneYrOthAffil>0.000000000000</amtPayAftOneYrOthAffil>
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      <delayDeliv>0.000000000000</delayDeliv>
      <standByCommit>0.000000000000</standByCommit>
      <liquidPref>0.000000000000</liquidPref>
      <cshNotRptdInCorD>77468.010000000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
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        <name>Alibaba Group Holding Ltd</name>
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      <invstOrSec>
        <name>America Movil SAB de CV</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AngloGold Ashanti Ltd</name>
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          <ticker value="AU"/>
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        <invCountry>ZA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ANTA Sports Products Ltd</name>
        <lei>529900291XG0CTK4LF95</lei>
        <title>ANTA Sports Products Ltd</title>
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          <isin value="US03662P1075"/>
          <ticker value="ANPDY"/>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Autohome Inc</name>
        <lei>529900NYB6ZGZN3MVT56</lei>
        <title>Autohome Inc</title>
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          <ticker value="ATHM"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Baidu Inc</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>Baidu Inc</title>
        <cusip>056752108</cusip>
        <identifiers>
          <isin value="US0567521085"/>
          <ticker value="BIDU"/>
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        <valUSD>70553.000000000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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        <name>Banco Bradesco SA</name>
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          <ticker value="BBD"/>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Banco de Chile</name>
        <lei>8B4EZFY8IHJC44TT2K84</lei>
        <title>Banco de Chile</title>
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          <ticker value="BCH"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CL</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Banco do Brasil SA</name>
        <lei>QE0Q0253K88YAGNPE356</lei>
        <title>Banco do Brasil SA</title>
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          <ticker value="BDORY"/>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Banco Macro SA</name>
        <lei>579100KKDKKIFEBKK040</lei>
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        <invCountry>AR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Banco Santander Chile</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>Banco Santander Chile</title>
        <cusip>05965X109</cusip>
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          <ticker value="BSAC"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bancolombia SA</name>
        <lei>54930052NWJRPNMP1W58</lei>
        <title>Bancolombia SA</title>
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          <ticker value="CIB"/>
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        <invCountry>CO</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tenaga Nasional Bhd</name>
        <lei>549300FV8X6UID6I1413</lei>
        <title>Tenaga Nasional Bhd</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Universal Robina Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>POSCO</name>
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        <invCountry>KR</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Bank Mandiri Persero Tbk PT</name>
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        <title>Bank Mandiri Persero Tbk PT</title>
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        <name>LPP SA</name>
        <lei>259400NUS7MKGPJL4752</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Telekomunikasi Indonesia Perse</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>Telekomunikasi Indonesia Persero Tbk PT</title>
        <cusip>715684106</cusip>
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          <ticker value="TLK"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PetroChina Co Ltd</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>PetroChina Co Ltd</title>
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          <ticker value="PTR"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>71654V101</cusip>
        <identifiers>
          <isin value="US71654V1017"/>
          <ticker value="PBR/A"/>
        </identifiers>
        <balance>4600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24794.000000000000</valUSD>
        <pctVal>0.1615699958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>71654V408</cusip>
        <identifiers>
          <isin value="US71654V4086"/>
          <ticker value="PBR"/>
        </identifiers>
        <balance>3300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18150.000000000000</valUSD>
        <pctVal>0.1182743980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pinduoduo Inc</name>
        <lei>5493000573DS7005T657</lei>
        <title>Pinduoduo Inc</title>
        <cusip>722304102</cusip>
        <identifiers>
          <isin value="US7223041028"/>
          <ticker value="PDD"/>
        </identifiers>
        <balance>500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18015.000000000000</valUSD>
        <pctVal>0.1173946710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PING AN</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>Ping An Insurance Group Co of China Ltd</title>
        <cusip>72341E304</cusip>
        <identifiers>
          <isin value="US72341E3045"/>
          <ticker value="PNGAY"/>
        </identifiers>
        <balance>6800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>133892.000000000000</valUSD>
        <pctVal>0.8725066497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JUMBO SA</name>
        <lei>549300TGIVUUMY40MZ05</lei>
        <title>JUMBO SA</title>
        <cusip>X4114P111</cusip>
        <identifiers>
          <isin value="GRS282183003"/>
          <ticker value="BELA"/>
        </identifiers>
        <balance>5858.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
        <valUSD>78638.660000000000</valUSD>
        <pctVal>0.5124484941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CD Projekt SA</name>
        <lei>259400TYO5Q8SH8TL437</lei>
        <title>CD Projekt SA</title>
        <cusip>X0957E106</cusip>
        <identifiers>
          <isin value="PLOPTTC00011"/>
          <ticker value="CDR"/>
        </identifiers>
        <balance>1020.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>70248.850000000000</valUSD>
        <pctVal>0.4577763328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OTP Bank Nyrt</name>
        <lei>529900W3MOO00A18X956</lei>
        <title>OTP Bank Nyrt</title>
        <cusip>X60746181</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
          <ticker value="OTP"/>
        </identifiers>
        <balance>3810.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="327.092450000000"/>
        <valUSD>109287.280000000000</valUSD>
        <pctVal>0.7121700962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qudian Inc</name>
        <lei>549300MY8WXPOW8RKH11</lei>
        <title>Qudian Inc</title>
        <cusip>747798106</cusip>
        <identifiers>
          <isin value="US7477981069"/>
          <ticker value="QD"/>
        </identifiers>
        <balance>300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>540.000000000000</valUSD>
        <pctVal>0.0035189077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sasol Ltd</name>
        <lei>N/A</lei>
        <title>Sasol Ltd</title>
        <cusip>803866300</cusip>
        <identifiers>
          <isin value="US8038663006"/>
          <ticker value="SSL"/>
        </identifiers>
        <balance>2100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4221.000000000000</valUSD>
        <pctVal>0.0275061286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SMIC</name>
        <lei>300300522KCU7YI25841</lei>
        <title>Semiconductor Manufacturing International Corp</title>
        <cusip>81663N206</cusip>
        <identifiers>
          <isin value="US81663N2062"/>
          <ticker value="SMICY"/>
        </identifiers>
        <balance>3800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29735.000000000000</valUSD>
        <pctVal>0.1937680013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinhan Financial Group Co Ltd</name>
        <lei>988400EB8A6G49E5KO54</lei>
        <title>Shinhan Financial Group Co Ltd</title>
        <cusip>824596100</cusip>
        <identifiers>
          <isin value="US8245961003"/>
          <ticker value="SHG"/>
        </identifiers>
        <balance>1400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32634.000000000000</valUSD>
        <pctVal>0.2126593225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sociedad Quimica y Minera de C</name>
        <lei>TJ88LXZZW5PWIN93ZC81</lei>
        <title>Sociedad Quimica y Minera de Chile SA</title>
        <cusip>833635105</cusip>
        <identifiers>
          <isin value="US8336351056"/>
          <ticker value="SQM"/>
        </identifiers>
        <balance>1500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33825.000000000000</valUSD>
        <pctVal>0.2204204689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Copper Corp</name>
        <lei>2549007U6NAP46Q9TU15</lei>
        <title>Southern Copper Corp</title>
        <cusip>84265V105</cusip>
        <identifiers>
          <isin value="US84265V1052"/>
          <ticker value="SCCO"/>
        </identifiers>
        <balance>1300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36608.000000000000</valUSD>
        <pctVal>0.2385558766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzano SA</name>
        <lei>391200AW174YQSDMGG41</lei>
        <title>Suzano SA</title>
        <cusip>86959K105</cusip>
        <identifiers>
          <isin value="US86959K1051"/>
          <ticker value="SUZ"/>
        </identifiers>
        <balance>1600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10992.000000000000</valUSD>
        <pctVal>0.0716293213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TSMC</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>Taiwan Semiconductor Manufacturing Co Ltd</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
          <ticker value="TSM"/>
        </identifiers>
        <balance>5900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281961.000000000000</valUSD>
        <pctVal>1.8373976597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAL Education Group</name>
        <lei>5493003PJZS0EC085V72</lei>
        <title>TAL Education Group</title>
        <cusip>874080104</cusip>
        <identifiers>
          <isin value="US8740801043"/>
          <ticker value="TAL"/>
        </identifiers>
        <balance>900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47934.000000000000</valUSD>
        <pctVal>0.3123617075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Motors Ltd</name>
        <lei>335800BO2LHWJJ8TZI32</lei>
        <title>Tata Motors Ltd</title>
        <cusip>876568502</cusip>
        <identifiers>
          <isin value="US8765685024"/>
          <ticker value="TTM"/>
        </identifiers>
        <balance>600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2832.000000000000</valUSD>
        <pctVal>0.0184547160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telefonica Brasil SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>Telefonica Brasil SA</title>
        <cusip>87936R106</cusip>
        <identifiers>
          <isin value="US87936R1068"/>
          <ticker value="VIV"/>
        </identifiers>
        <balance>1300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12389.000000000000</valUSD>
        <pctVal>0.0807328659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Holdings Ltd</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>Tencent Holdings Ltd</title>
        <cusip>88032Q109</cusip>
        <identifiers>
          <isin value="US88032Q1094"/>
          <ticker value="TCEHY"/>
        </identifiers>
        <balance>14200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>697078.000000000000</valUSD>
        <pctVal>4.5425058282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Music Entertainment Gr</name>
        <lei>213800XTZK2GOHQTYK41</lei>
        <title>Tencent Music Entertainment Group</title>
        <cusip>88034P109</cusip>
        <identifiers>
          <isin value="US88034P1093"/>
          <ticker value="TME"/>
        </identifiers>
        <balance>200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2012.000000000000</valUSD>
        <pctVal>0.0131111895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trip.com Group Ltd</name>
        <lei>2549004RMYDSRQL4KW41</lei>
        <title>Trip.com Group Ltd</title>
        <cusip>89677Q107</cusip>
        <identifiers>
          <isin value="US89677Q1076"/>
          <ticker value="TCOM"/>
        </identifiers>
        <balance>1100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25795.000000000000</valUSD>
        <pctVal>0.1680930080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U.S. Bank Money Market Deposit Account</name>
        <lei>N/A</lei>
        <title>U.S. Bank Money Market Deposit Account</title>
        <cusip>8AMMF0A84</cusip>
        <identifiers>
          <ticker value="USBFS03"/>
        </identifiers>
        <balance>40502.270000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40502.270000000000</valUSD>
        <pctVal>0.2639328705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vale SA</name>
        <lei>254900SMTWBX7RU2SR20</lei>
        <title>Vale SA</title>
        <cusip>91912E105</cusip>
        <identifiers>
          <isin value="US91912E1055"/>
          <ticker value="VALE"/>
        </identifiers>
        <balance>9300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77097.000000000000</valUSD>
        <pctVal>0.5024022733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vipshop Holdings Ltd</name>
        <lei>549300I9F52K06HPZX60</lei>
        <title>Vipshop Holdings Ltd</title>
        <cusip>92763W103</cusip>
        <identifiers>
          <isin value="US92763W1036"/>
          <ticker value="VIPS"/>
        </identifiers>
        <balance>1100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17138.000000000000</valUSD>
        <pctVal>0.1116797043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wal-Mart de Mexico SAB de CV</name>
        <lei>N/A</lei>
        <title>Wal-Mart de Mexico SAB de CV</title>
        <cusip>93114W107</cusip>
        <identifiers>
          <isin value="US93114W1071"/>
          <ticker value="WMMVY"/>
        </identifiers>
        <balance>2800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>65100.000000000000</valUSD>
        <pctVal>0.4242238737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weibo Corp</name>
        <lei>549300Q9ID4640FE0422</lei>
        <title>Weibo Corp</title>
        <cusip>948596101</cusip>
        <identifiers>
          <isin value="US9485961018"/>
          <ticker value="WB"/>
        </identifiers>
        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3311.000000000000</valUSD>
        <pctVal>0.0215761174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Woori Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Woori Financial Group Inc</title>
        <cusip>981064108</cusip>
        <identifiers>
          <isin value="US9810641087"/>
          <ticker value="WF"/>
        </identifiers>
        <balance>820.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15399.600000000000</valUSD>
        <pctVal>0.1003514280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YPF SA</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF SA</title>
        <cusip>984245100</cusip>
        <identifiers>
          <isin value="US9842451000"/>
          <ticker value="YPF"/>
        </identifiers>
        <balance>5100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21267.000000000000</valUSD>
        <pctVal>0.1385863152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yum China Holdings Inc</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>Yum China Holdings Inc</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
          <ticker value="YUMC"/>
        </identifiers>
        <balance>900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38367.000000000000</valUSD>
        <pctVal>0.2500183926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTO Express Cayman Inc</name>
        <lei>549300SCJPK3YZJTJR78</lei>
        <title>ZTO Express Cayman Inc</title>
        <cusip>98980A105</cusip>
        <identifiers>
          <isin value="US98980A1051"/>
          <ticker value="ZTO"/>
        </identifiers>
        <balance>800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21184.000000000000</valUSD>
        <pctVal>0.1380454461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Bradesco SA</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>Banco Bradesco SA</title>
        <cusip>P1808G109</cusip>
        <identifiers>
          <isin value="BRBBDCACNOR1"/>
          <ticker value="BBDC3"/>
        </identifiers>
        <balance>4200.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>15268.760000000000</valUSD>
        <pctVal>0.0994988097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dialog Group Bhd</name>
        <lei>N/A</lei>
        <title>Dialog Group Bhd</title>
        <cusip>Y20641109</cusip>
        <identifiers>
          <isin value="MYL7277OO006"/>
          <ticker value="DLG"/>
        </identifiers>
        <balance>33100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>23255.610000000000</valUSD>
        <pctVal>0.1515450839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cencosud SA</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>Cencosud SA</title>
        <cusip>P2205J100</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
          <ticker value="CENCOSUD"/>
        </identifiers>
        <balance>22857.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="855.900000000000"/>
        <valUSD>23770.590000000000</valUSD>
        <pctVal>0.1549009488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sino Biopharmaceutical Ltd</name>
        <lei>529900LPR4ADFEJAR786</lei>
        <title>Sino Biopharmaceutical Ltd</title>
        <cusip>G8167W138</cusip>
        <identifiers>
          <isin value="KYG8167W1380"/>
          <ticker value="1177"/>
        </identifiers>
        <balance>17000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>22186.290000000000</valUSD>
        <pctVal>0.1445768646</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Bank Bhd</name>
        <lei>549300L2RSQCVMOHGM20</lei>
        <title>Public Bank Bhd</title>
        <cusip>Y71497104</cusip>
        <identifiers>
          <isin value="MYL1295OO004"/>
          <ticker value="PBK"/>
        </identifiers>
        <balance>24100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>88658.580000000000</valUSD>
        <pctVal>0.5777432602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Pattana PCL</name>
        <lei>N/A</lei>
        <title>Central Pattana PCL</title>
        <cusip>Y1242U128</cusip>
        <identifiers>
          <isin value="TH0481010R10"/>
          <ticker value="CPN-R"/>
        </identifiers>
        <balance>11400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>14636.900000000000</valUSD>
        <pctVal>0.0953812967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Minor International PCL</name>
        <lei>254900T4WB2UF9XPX041</lei>
        <title>Minor International PCL</title>
        <cusip>Y6069M117</cusip>
        <identifiers>
          <isin value="TH0128010R17"/>
          <ticker value="MINT-R"/>
        </identifiers>
        <balance>44600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>22840.330000000000</valUSD>
        <pctVal>0.1488389135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Mengniu Dairy Co Ltd</name>
        <lei>2549005Q343BSJ8RSS21</lei>
        <title>China Mengniu Dairy Co Ltd</title>
        <cusip>G21096105</cusip>
        <identifiers>
          <isin value="KYG210961051"/>
          <ticker value="2319"/>
        </identifiers>
        <balance>24000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>82769.260000000000</valUSD>
        <pctVal>0.5393655315</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Central Asia Tbk PT</name>
        <lei>254900BR956G2OHVOM21</lei>
        <title>Bank Central Asia Tbk PT</title>
        <cusip>Y7123P138</cusip>
        <identifiers>
          <isin value="ID1000109507"/>
          <ticker value="BBCA"/>
        </identifiers>
        <balance>35300.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16310.000000000000"/>
        <valUSD>59477.650000000000</valUSD>
        <pctVal>0.3875858538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emaar Properties PJSC</name>
        <lei>N/A</lei>
        <title>Emaar Properties PJSC</title>
        <cusip>M4025S107</cusip>
        <identifiers>
          <isin value="AEE000301011"/>
          <ticker value="EMAAR"/>
        </identifiers>
        <balance>77417.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.673150000000"/>
        <valUSD>45978.950000000000</valUSD>
        <pctVal>0.2996216325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Standard Bank Group Ltd</name>
        <lei>2549003PEZXUT7MDBU41</lei>
        <title>Standard Bank Group Ltd</title>
        <cusip>S80605140</cusip>
        <identifiers>
          <isin value="ZAE000109815"/>
          <ticker value="SBK"/>
        </identifiers>
        <balance>6182.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>35380.330000000000</valUSD>
        <pctVal>0.2305557703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akbank T.A.S.</name>
        <lei>789000TUMN63Z28TJ497</lei>
        <title>Akbank T.A.S.</title>
        <cusip>M0300L106</cusip>
        <identifiers>
          <isin value="TRAAKBNK91N6"/>
          <ticker value="AKBNK"/>
        </identifiers>
        <balance>134986.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>113346.210000000000</valUSD>
        <pctVal>0.7386200964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcelik AS</name>
        <lei>789000748KTQCUMJ0R25</lei>
        <title>Arcelik AS</title>
        <cusip>M1490L104</cusip>
        <identifiers>
          <isin value="TRAARCLK91H5"/>
          <ticker value="ARCLK"/>
        </identifiers>
        <balance>39682.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>80831.490000000000</valUSD>
        <pctVal>0.5267380615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eregli Demir ve Celik Fabrikal</name>
        <lei>789000VYQF5IDGG49908</lei>
        <title>Eregli Demir ve Celik Fabrikalari TAS</title>
        <cusip>M40710101</cusip>
        <identifiers>
          <isin value="TRAEREGL91G3"/>
          <ticker value="EREGL"/>
        </identifiers>
        <balance>81694.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>92568.000000000000</valUSD>
        <pctVal>0.6032189791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Otomotiv Sanayi AS</name>
        <lei>N/A</lei>
        <title>Ford Otomotiv Sanayi AS</title>
        <cusip>M7608S105</cusip>
        <identifiers>
          <isin value="TRAOTOSN91H6"/>
          <ticker value="FROTO"/>
        </identifiers>
        <balance>11816.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>87743.600000000000</valUSD>
        <pctVal>0.5717807970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOC Holding AS</name>
        <lei>7890005U0H950VH19H45</lei>
        <title>KOC Holding AS</title>
        <cusip>M63751107</cusip>
        <identifiers>
          <isin value="TRAKCHOL91Q8"/>
          <ticker value="KCHOL"/>
        </identifiers>
        <balance>44511.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>90003.270000000000</valUSD>
        <pctVal>0.5865059269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkcell Iletisim Hizmetleri A</name>
        <lei>7890003EX1LTLS2FFL84</lei>
        <title>Turkcell Iletisim Hizmetleri AS</title>
        <cusip>M8903B102</cusip>
        <identifiers>
          <isin value="TRATCELL91M1"/>
          <ticker value="TCELL"/>
        </identifiers>
        <balance>60209.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>111831.750000000000</valUSD>
        <pctVal>0.7287511242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Garanti Bankasi AS</name>
        <lei>5493002XSS7K7RHN1V37</lei>
        <title>Turkiye Garanti Bankasi AS</title>
        <cusip>M4752S106</cusip>
        <identifiers>
          <isin value="TRAGARAN91N1"/>
          <ticker value="GARAN"/>
        </identifiers>
        <balance>111770.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>137078.860000000000</valUSD>
        <pctVal>0.8932738093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tupras Turkiye Petrol Rafineri</name>
        <lei>789000RCNG97UV50EE03</lei>
        <title>Tupras Turkiye Petrol Rafinerileri AS</title>
        <cusip>M8966X108</cusip>
        <identifiers>
          <isin value="TRATUPRS91E8"/>
          <ticker value="TUPRS"/>
        </identifiers>
        <balance>7268.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>82713.470000000000</valUSD>
        <pctVal>0.5390019762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Powszechna Kasa Oszczednosci B</name>
        <lei>P4GTT6GF1W40CVIMFR43</lei>
        <title>Powszechna Kasa Oszczednosci Bank Polski SA</title>
        <cusip>X6919X108</cusip>
        <identifiers>
          <isin value="PLPKO0000016"/>
          <ticker value="PKO"/>
        </identifiers>
        <balance>11313.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>61406.750000000000</valUSD>
        <pctVal>0.4001568257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Top Glove Corp Bhd</name>
        <lei>N/A</lei>
        <title>Top Glove Corp Bhd</title>
        <cusip>Y88965101</cusip>
        <identifiers>
          <isin value="MYL7113OO003"/>
          <ticker value="TOPG"/>
        </identifiers>
        <balance>7600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>11316.900000000000</valUSD>
        <pctVal>0.0737465308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM Investments Corp</name>
        <lei>254900YB8UATFP21AF80</lei>
        <title>SM Investments Corp</title>
        <cusip>Y80676102</cusip>
        <identifiers>
          <isin value="PHY806761029"/>
          <ticker value="SM"/>
        </identifiers>
        <balance>1130.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.860000000000"/>
        <valUSD>18076.760000000000</valUSD>
        <pctVal>0.1177971298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axis Bank Ltd</name>
        <lei>549300HVNWMJPOFVNI41</lei>
        <title>Axis Bank Ltd</title>
        <cusip>05462W109</cusip>
        <identifiers>
          <isin value="US05462W1099"/>
          <ticker value="AXB"/>
        </identifiers>
        <balance>387.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9594.270000000000</valUSD>
        <pctVal>0.0625210197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>X5 Retail Group NV</name>
        <lei>213800J17UJJJDGUVF56</lei>
        <title>X5 Retail Group NV</title>
        <cusip>98387E205</cusip>
        <identifiers>
          <isin value="US98387E2054"/>
          <ticker value="FIVE"/>
        </identifiers>
        <balance>3810.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>101803.150000000000</valUSD>
        <pctVal>0.6633997949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CP ALL PCL</name>
        <lei>N/A</lei>
        <title>CP ALL PCL</title>
        <cusip>Y1772K128</cusip>
        <identifiers>
          <isin value="TH0737010R15"/>
          <ticker value="CPALL-R"/>
        </identifiers>
        <balance>28300.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>52315.180000000000</valUSD>
        <pctVal>0.3409116484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ayala Corp</name>
        <lei>254900QJ68UH8GKNGI69</lei>
        <title>Ayala Corp</title>
        <cusip>Y0486V115</cusip>
        <identifiers>
          <isin value="PHY0486V1154"/>
          <ticker value="AC"/>
        </identifiers>
        <balance>1250.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.860000000000"/>
        <valUSD>11429.270000000000</valUSD>
        <pctVal>0.0744787894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Bank Ltd/Pakistan</name>
        <lei>25490030EXC4CQV3JH29</lei>
        <title>United Bank Ltd/Pakistan</title>
        <cusip>Y91486103</cusip>
        <identifiers>
          <isin value="PK0081901016"/>
          <ticker value="UBL"/>
        </identifiers>
        <balance>174900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>104952.770000000000</valUSD>
        <pctVal>0.6839242802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baozun Inc</name>
        <lei>549300IF0HZ7T4762633</lei>
        <title>Baozun Inc</title>
        <cusip>06684L103</cusip>
        <identifiers>
          <isin value="US06684L1035"/>
          <ticker value="BZUN"/>
        </identifiers>
        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2794.000000000000</valUSD>
        <pctVal>0.0182070891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEST Inc</name>
        <lei>529900DFGEHZGJ3B9M87</lei>
        <title>BEST Inc</title>
        <cusip>08653C106</cusip>
        <identifiers>
          <isin value="US08653C1062"/>
          <ticker value="BEST"/>
        </identifiers>
        <balance>400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2140.000000000000</valUSD>
        <pctVal>0.0139453009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNOOC Ltd</name>
        <lei>549300XIVJCBIGMRUD48</lei>
        <title>CNOOC Ltd</title>
        <cusip>126132109</cusip>
        <identifiers>
          <isin value="US1261321095"/>
          <ticker value="CEO"/>
        </identifiers>
        <balance>400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>41388.000000000000</valUSD>
        <pctVal>0.2697047263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.com Inc</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com Inc</title>
        <cusip>47215P106</cusip>
        <identifiers>
          <isin value="US47215P1066"/>
          <ticker value="JD"/>
        </identifiers>
        <balance>1800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72900.000000000000</valUSD>
        <pctVal>0.4750525406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB Financial Group Inc</name>
        <lei>529900TKE4MXG3Q6GW86</lei>
        <title>KB Financial Group Inc</title>
        <cusip>48241A105</cusip>
        <identifiers>
          <isin value="US48241A1051"/>
          <ticker value="KB"/>
        </identifiers>
        <balance>1300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35347.000000000000</valUSD>
        <pctVal>0.2303385755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cemex SAB de CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>Cemex SAB de CV</title>
        <cusip>151290889</cusip>
        <identifiers>
          <isin value="US1512908898"/>
          <ticker value="CX"/>
        </identifiers>
        <balance>7900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16748.000000000000</valUSD>
        <pctVal>0.1091382709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics Co Ltd</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Co Ltd</title>
        <cusip>796050888</cusip>
        <identifiers>
          <isin value="US7960508882"/>
          <ticker value="SMSN"/>
        </identifiers>
        <balance>385.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>380817.990000000000</valUSD>
        <pctVal>2.4815988154</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Korea Electric Power Corp</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>Korea Electric Power Corp</title>
        <cusip>500631106</cusip>
        <identifiers>
          <isin value="US5006311063"/>
          <ticker value="KEP"/>
        </identifiers>
        <balance>900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6795.000000000000</valUSD>
        <pctVal>0.0442795887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hellenic Telecommunications Or</name>
        <lei>ELPUFM0XZRZO4LFXW404</lei>
        <title>Hellenic Telecommunications Organization SA</title>
        <cusip>X3258B102</cusip>
        <identifiers>
          <isin value="GRS260333000"/>
          <ticker value="HTO"/>
        </identifiers>
        <balance>10712.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
        <valUSD>129492.280000000000</valUSD>
        <pctVal>0.8438358930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Bank of India</name>
        <lei>5493001JZ37UBBZF6L49</lei>
        <title>State Bank of India</title>
        <cusip>856552203</cusip>
        <identifiers>
          <isin value="US8565522039"/>
          <ticker value="SBKFF"/>
        </identifiers>
        <balance>163.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4129.740000000000</valUSD>
        <pctVal>0.0269114332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gazprom PJSC</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>Gazprom PJSC</title>
        <cusip>368287207</cusip>
        <identifiers>
          <isin value="US3682872078"/>
          <ticker value="OGZD"/>
        </identifiers>
        <balance>16747.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75943.260000000000</valUSD>
        <pctVal>0.4948839314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Latam Airlines Group SA</name>
        <lei>549300HX3UUDPEFTG707</lei>
        <title>Latam Airlines Group SA</title>
        <cusip>51817R106</cusip>
        <identifiers>
          <isin value="US51817R1068"/>
          <ticker value="LTM"/>
        </identifiers>
        <balance>4100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10865.000000000000</valUSD>
        <pctVal>0.0708017264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KGHM Polska Miedz SA</name>
        <lei>G30CO71KTT9JDYJESN22</lei>
        <title>KGHM Polska Miedz SA</title>
        <cusip>X45213109</cusip>
        <identifiers>
          <isin value="PLKGHM000017"/>
          <ticker value="KGH"/>
        </identifiers>
        <balance>2161.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>30886.280000000000</valUSD>
        <pctVal>0.2012703125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Polska Kasa Opieki SA</name>
        <lei>5493000LKS7B3UTF7H35</lei>
        <title>Bank Polska Kasa Opieki SA</title>
        <cusip>X0R77T117</cusip>
        <identifiers>
          <isin value="PLPEKAO00016"/>
          <ticker value="PEO"/>
        </identifiers>
        <balance>1829.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>24513.510000000000</valUSD>
        <pctVal>0.1597421839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CEZ AS</name>
        <lei>529900S5R9YHJHYKKG94</lei>
        <title>CEZ AS</title>
        <cusip>X2337V121</cusip>
        <identifiers>
          <isin value="CZ0005112300"/>
          <ticker value="CEZ"/>
        </identifiers>
        <balance>10757.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="24.856800000000"/>
        <valUSD>175482.370000000000</valUSD>
        <pctVal>1.1435301192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Polski Koncern Naftowy ORLEN S</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>Polski Koncern Naftowy ORLEN SA</title>
        <cusip>X6922W204</cusip>
        <identifiers>
          <isin value="PLPKN0000018"/>
          <ticker value="PKN"/>
        </identifiers>
        <balance>2427.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>32477.730000000000</valUSD>
        <pctVal>0.2116409897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Motor Oil Hellas Corinth Refin</name>
        <lei>213800U3Y9UL7Y4QVM11</lei>
        <title>Motor Oil Hellas Corinth Refineries SA</title>
        <cusip>X55904100</cusip>
        <identifiers>
          <isin value="GRS426003000"/>
          <ticker value="MOH"/>
        </identifiers>
        <balance>2874.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
        <valUSD>35078.860000000000</valUSD>
        <pctVal>0.2285912423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ayala Land Inc</name>
        <lei>254900EWT10TQ6DKTV34</lei>
        <title>Ayala Land Inc</title>
        <cusip>Y0488F100</cusip>
        <identifiers>
          <isin value="PHY0488F1004"/>
          <ticker value="ALI"/>
        </identifiers>
        <balance>34300.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.860000000000"/>
        <valUSD>20240.610000000000</valUSD>
        <pctVal>0.1318978492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mobile TeleSystems PJSC</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>Mobile TeleSystems PJSC</title>
        <cusip>607409109</cusip>
        <identifiers>
          <isin value="US6074091090"/>
          <ticker value="MBT"/>
        </identifiers>
        <balance>6200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47120.000000000000</valUSD>
        <pctVal>0.3070572800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIMB Group Holdings Bhd</name>
        <lei>549300FYDN5UD7USZW18</lei>
        <title>CIMB Group Holdings Bhd</title>
        <cusip>Y1636J101</cusip>
        <identifiers>
          <isin value="MYL1023OO000"/>
          <ticker value="CIMB"/>
        </identifiers>
        <balance>37000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>30789.390000000000</valUSD>
        <pctVal>0.2006389292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DiGi.Com Bhd</name>
        <lei>N/A</lei>
        <title>DiGi.Com Bhd</title>
        <cusip>Y2070F100</cusip>
        <identifiers>
          <isin value="MYL6947OO005"/>
          <ticker value="DIGI"/>
        </identifiers>
        <balance>28300.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>28512.270000000000</valUSD>
        <pctVal>0.1858000864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Momo Inc</name>
        <lei>549300YMGLID32W48529</lei>
        <title>Momo Inc</title>
        <cusip>60879B107</cusip>
        <identifiers>
          <isin value="US60879B1070"/>
          <ticker value="MOMO"/>
        </identifiers>
        <balance>400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8676.000000000000</valUSD>
        <pctVal>0.0565371172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Egyptian Financial Group-Herme</name>
        <lei>5586005JYFTUMPVGE837</lei>
        <title>Egyptian Financial Group-Hermes Holding Co</title>
        <cusip>M3047P109</cusip>
        <identifiers>
          <isin value="EGS69101C011"/>
          <ticker value="HRHO"/>
        </identifiers>
        <balance>53953.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.740000000000"/>
        <valUSD>28405.620000000000</valUSD>
        <pctVal>0.1851051022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qatar National Bank QPSC</name>
        <lei>549300FFSRVBS0SQXY75</lei>
        <title>Qatar National Bank QPSC</title>
        <cusip>M81802106</cusip>
        <identifiers>
          <isin value="QA0006929895"/>
          <ticker value="QNBK"/>
        </identifiers>
        <balance>46762.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.641000000000"/>
        <valUSD>213690.380000000000</valUSD>
        <pctVal>1.3925124542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSPC Pharmaceutical Group Ltd</name>
        <lei>529900M3XQCW234H8O91</lei>
        <title>CSPC Pharmaceutical Group Ltd</title>
        <cusip>Y1837N109</cusip>
        <identifiers>
          <isin value="HK1093012172"/>
          <ticker value="1093"/>
        </identifiers>
        <balance>12000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>23605.080000000000</valUSD>
        <pctVal>0.1538224036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA OVERSEAS</name>
        <lei>529900I6W35GYKRIZ151</lei>
        <title>China Overseas Land &amp; Investment Ltd</title>
        <cusip>Y15004107</cusip>
        <identifiers>
          <isin value="HK0688002218"/>
          <ticker value="688"/>
        </identifiers>
        <balance>10000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>30659.320000000000</valUSD>
        <pctVal>0.1997913286</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Land Ltd</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>China Resources Land Ltd</title>
        <cusip>G2108Y105</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
          <ticker value="1109"/>
        </identifiers>
        <balance>6000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>24488.960000000000</valUSD>
        <pctVal>0.1595822039</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lenovo Group Ltd</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>Lenovo Group Ltd</title>
        <cusip>Y5257Y107</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
          <ticker value="992"/>
        </identifiers>
        <balance>64000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>33903.510000000000</valUSD>
        <pctVal>0.2209320790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial International Bank</name>
        <lei>213800FIIXJAMEVRIH48</lei>
        <title>Commercial International Bank Egypt SAE</title>
        <cusip>M25561107</cusip>
        <identifiers>
          <isin value="EGS60121C018"/>
          <ticker value="COMI"/>
        </identifiers>
        <balance>88298.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.740000000000"/>
        <valUSD>327462.240000000000</valUSD>
        <pctVal>2.1339062970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Remgro Ltd</name>
        <lei>N/A</lei>
        <title>Remgro Ltd</title>
        <cusip>S6873K106</cusip>
        <identifiers>
          <isin value="ZAE000026480"/>
          <ticker value="REM"/>
        </identifiers>
        <balance>1907.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>13038.050000000000</valUSD>
        <pctVal>0.0849623975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NIO Inc</name>
        <lei>549300JBU4TV5OCKJV96</lei>
        <title>NIO Inc</title>
        <cusip>62914V106</cusip>
        <identifiers>
          <isin value="US62914V1061"/>
          <ticker value="NIO"/>
        </identifiers>
        <balance>1500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4170.000000000000</valUSD>
        <pctVal>0.0271737873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Naspers Ltd</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>Naspers Ltd</title>
        <cusip>631512209</cusip>
        <identifiers>
          <isin value="US6315122092"/>
          <ticker value="NPSNY"/>
        </identifiers>
        <balance>6300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>179172.000000000000</valUSD>
        <pctVal>1.1675735775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engro Corp Ltd/Pakistan</name>
        <lei>N/A</lei>
        <title>Engro Corp Ltd/Pakistan</title>
        <cusip>Y2295N102</cusip>
        <identifiers>
          <isin value="PK0012101017"/>
          <ticker value="ENGRO"/>
        </identifiers>
        <balance>85400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>137928.310000000000</valUSD>
        <pctVal>0.8988092467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emirates Telecommunications Gr</name>
        <lei>529900XDPQPWEQ9BGB80</lei>
        <title>Emirates Telecommunications Group Co PJSC</title>
        <cusip>M4040L103</cusip>
        <identifiers>
          <isin value="AEE000401019"/>
          <ticker value="ETISALAT"/>
        </identifiers>
        <balance>41208.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.673150000000"/>
        <valUSD>155699.310000000000</valUSD>
        <pctVal>1.0146138927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bid Corp Ltd</name>
        <lei>N/A</lei>
        <title>Bid Corp Ltd</title>
        <cusip>S11881109</cusip>
        <identifiers>
          <isin value="ZAE000216537"/>
          <ticker value="BID"/>
        </identifiers>
        <balance>1321.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>15570.610000000000</valUSD>
        <pctVal>0.1014658140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credicorp Ltd</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>Credicorp Ltd</title>
        <cusip>G2519Y108</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
          <ticker value="BAP"/>
        </identifiers>
        <balance>500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71535.000000000000</valUSD>
        <pctVal>0.4661575239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meituan Dianping</name>
        <lei>21380033K525E5JLIA77</lei>
        <title>Meituan Dianping</title>
        <cusip>G59669104</cusip>
        <identifiers>
          <isin value="KYG596691041"/>
          <ticker value="MPNGF"/>
        </identifiers>
        <balance>2500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29750.000000000000</valUSD>
        <pctVal>0.1938657487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Globant SA</name>
        <lei>2221008DCMSPYS42DS88</lei>
        <title>Globant SA</title>
        <cusip>L44385109</cusip>
        <identifiers>
          <isin value="LU0974299876"/>
          <ticker value="GLOB"/>
        </identifiers>
        <balance>1400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>123032.000000000000</valUSD>
        <pctVal>0.8017375058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yandex NV</name>
        <lei>549300GGZHJ5Q1B18P93</lei>
        <title>Yandex NV</title>
        <cusip>N97284108</cusip>
        <identifiers>
          <isin value="NL0009805522"/>
          <ticker value="YNDX"/>
        </identifiers>
        <balance>3000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>102150.000000000000</valUSD>
        <pctVal>0.6656600414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fauji Fertilizer Co Ltd</name>
        <lei>N/A</lei>
        <title>Fauji Fertilizer Co Ltd</title>
        <cusip>Y24695101</cusip>
        <identifiers>
          <isin value="PK0053401011"/>
          <ticker value="FFC"/>
        </identifiers>
        <balance>136000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>75737.070000000000</valUSD>
        <pctVal>0.4935402952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG Household &amp; Health Care Ltd</name>
        <lei>N/A</lei>
        <title>LG Household &amp; Health Care Ltd</title>
        <cusip>Y5275R100</cusip>
        <identifiers>
          <isin value="KR7051900009"/>
          <ticker value="051900"/>
        </identifiers>
        <balance>33.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>30227.600000000000</valUSD>
        <pctVal>0.1969780271</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG Chem Ltd</name>
        <lei>988400IES4EIG7O06940</lei>
        <title>LG Chem Ltd</title>
        <cusip>Y52758102</cusip>
        <identifiers>
          <isin value="KR7051910008"/>
          <ticker value="051910"/>
        </identifiers>
        <balance>87.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>21548.300000000000</valUSD>
        <pctVal>0.1404194055</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Formosa Plastics Corp</name>
        <lei>254900KM6G17UTG1QN82</lei>
        <title>Formosa Plastics Corp</title>
        <cusip>Y26095102</cusip>
        <identifiers>
          <isin value="TW0001301000"/>
          <ticker value="1301"/>
        </identifiers>
        <balance>7000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>17315.340000000000</valUSD>
        <pctVal>0.1128353396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kasikornbank PCL</name>
        <lei>5493004COSQ54937AW41</lei>
        <title>Kasikornbank PCL</title>
        <cusip>Y4591R126</cusip>
        <identifiers>
          <isin value="TH0016010R14"/>
          <ticker value="KBANK-R"/>
        </identifiers>
        <balance>9500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>26421.820000000000</valUSD>
        <pctVal>0.1721776779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MediaTek Inc</name>
        <lei>254900UEGBK1I4DM4E14</lei>
        <title>MediaTek Inc</title>
        <cusip>Y5945U103</cusip>
        <identifiers>
          <isin value="TW0002454006"/>
          <ticker value="2454"/>
        </identifiers>
        <balance>2000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>21466.460000000000</valUSD>
        <pctVal>0.1398860955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NetEase Inc</name>
        <lei>5299004AF4DSJDB0PA32</lei>
        <title>NetEase Inc</title>
        <cusip>64110W102</cusip>
        <identifiers>
          <isin value="US64110W1027"/>
          <ticker value="NTES"/>
        </identifiers>
        <balance>200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64192.000000000000</valUSD>
        <pctVal>0.4183068955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Info Service PCL</name>
        <lei>529900DU2YW1NO5RMU78</lei>
        <title>Advanced Info Service PCL</title>
        <cusip>Y0014U175</cusip>
        <identifiers>
          <isin value="TH0268010R11"/>
          <ticker value="ADVANC-R"/>
        </identifiers>
        <balance>5600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>33953.470000000000</valUSD>
        <pctVal>0.2212576431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hotai Motor Co Ltd</name>
        <lei>254900ZL0NDWNH1MNQ51</lei>
        <title>Hotai Motor Co Ltd</title>
        <cusip>Y37225102</cusip>
        <identifiers>
          <isin value="TW0002207008"/>
          <ticker value="2207"/>
        </identifiers>
        <balance>2000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>32295.040000000000</valUSD>
        <pctVal>0.2104504911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Home Product Center PCL</name>
        <lei>N/A</lei>
        <title>Home Product Center PCL</title>
        <cusip>Y32758123</cusip>
        <identifiers>
          <isin value="TH0661010R17"/>
          <ticker value="HMPRO-R"/>
        </identifiers>
        <balance>93100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>31168.570000000000</valUSD>
        <pctVal>0.2031098541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT PCL</name>
        <lei>549300QOGMPTKB6W7G56</lei>
        <title>PTT PCL</title>
        <cusip>Y6883U121</cusip>
        <identifiers>
          <isin value="TH0646010R18"/>
          <ticker value="PTT-R"/>
        </identifiers>
        <balance>35100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>32449.990000000000</valUSD>
        <pctVal>0.2114602221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hub Power Co Ltd/The</name>
        <lei>N/A</lei>
        <title>Hub Power Co Ltd/The</title>
        <cusip>Y3746T102</cusip>
        <identifiers>
          <isin value="PK0065001015"/>
          <ticker value="HUBC"/>
        </identifiers>
        <balance>190500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>78298.830000000000</valUSD>
        <pctVal>0.5102339933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mega Financial Holding Co Ltd</name>
        <lei>N/A</lei>
        <title>Mega Financial Holding Co Ltd</title>
        <cusip>Y59456106</cusip>
        <identifiers>
          <isin value="TW0002886009"/>
          <ticker value="2886"/>
        </identifiers>
        <balance>22000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>20658.010000000000</valUSD>
        <pctVal>0.1346178345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyundai Mobis Co Ltd</name>
        <lei>988400HJA9E0ZVDHRS65</lei>
        <title>Hyundai Mobis Co Ltd</title>
        <cusip>Y3849A109</cusip>
        <identifiers>
          <isin value="KR7012330007"/>
          <ticker value="012330"/>
        </identifiers>
        <balance>199.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>27527.250000000000</valUSD>
        <pctVal>0.1793812078</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK Hynix Inc</name>
        <lei>988400XAIK6XISWQV045</lei>
        <title>SK Hynix Inc</title>
        <cusip>Y8085F100</cusip>
        <identifiers>
          <isin value="KR7000660001"/>
          <ticker value="000660"/>
        </identifiers>
        <balance>1014.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>68550.510000000000</valUSD>
        <pctVal>0.4467091074</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyundai Motor Co</name>
        <lei>9884004RQX8PRBXQ8S60</lei>
        <title>Hyundai Motor Co</title>
        <cusip>Y38472109</cusip>
        <identifiers>
          <isin value="KR7005380001"/>
          <ticker value="005380"/>
        </identifiers>
        <balance>587.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>42288.370000000000</valUSD>
        <pctVal>0.2755719836</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jollibee Foods Corp</name>
        <lei>2138009XN3KTAAKUPR35</lei>
        <title>Jollibee Foods Corp</title>
        <cusip>Y4466S100</cusip>
        <identifiers>
          <isin value="PHY4466S1007"/>
          <ticker value="JFC"/>
        </identifiers>
        <balance>8040.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.860000000000"/>
        <valUSD>16735.520000000000</valUSD>
        <pctVal>0.1090569450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Oriental Education &amp; Techn</name>
        <lei>529900NHZVBZQZ8EKN29</lei>
        <title>New Oriental Education &amp; Technology Group Inc</title>
        <cusip>647581107</cusip>
        <identifiers>
          <isin value="US6475811070"/>
          <ticker value="EDU"/>
        </identifiers>
        <balance>300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32472.000000000000</valUSD>
        <pctVal>0.2116036502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kia Motors Corp</name>
        <lei>988400V8MJK9N7OI5X76</lei>
        <title>Kia Motors Corp</title>
        <cusip>Y47601102</cusip>
        <identifiers>
          <isin value="KR7000270009"/>
          <ticker value="000270"/>
        </identifiers>
        <balance>793.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>16691.790000000000</valUSD>
        <pctVal>0.1087719787</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuwait Finance House KSCP</name>
        <lei>2549007KX0N057S9BC98</lei>
        <title>Kuwait Finance House KSCP</title>
        <cusip>M64176106</cusip>
        <identifiers>
          <isin value="KW0EQ0100085"/>
          <ticker value="KFH"/>
        </identifiers>
        <balance>58838.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt=".313000000000"/>
        <valUSD>117629.000000000000</valUSD>
        <pctVal>0.7665288792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qatar Fuel QSC</name>
        <lei>N/A</lei>
        <title>Qatar Fuel QSC</title>
        <cusip>M8180C104</cusip>
        <identifiers>
          <isin value="QA0001200771"/>
          <ticker value="QFLS"/>
        </identifiers>
        <balance>11190.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.641000000000"/>
        <valUSD>49938.980000000000</valUSD>
        <pctVal>0.3254271512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTBC Financial Holding Co Ltd</name>
        <lei>549300IWDYIFW6JXM387</lei>
        <title>CTBC Financial Holding Co Ltd</title>
        <cusip>Y15093100</cusip>
        <identifiers>
          <isin value="TW0002891009"/>
          <ticker value="2891"/>
        </identifiers>
        <balance>23000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>13543.310000000000</valUSD>
        <pctVal>0.0882549221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lucky Cement Ltd</name>
        <lei>213800HCLGMIPPAF9976</lei>
        <title>Lucky Cement Ltd</title>
        <cusip>Y53498104</cusip>
        <identifiers>
          <isin value="PK0071501016"/>
          <ticker value="LUCK"/>
        </identifiers>
        <balance>26600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>59445.150000000000</valUSD>
        <pctVal>0.3873740677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Life Insurance Co Ltd</name>
        <lei>549300J6TFLDXGH6S048</lei>
        <title>China Life Insurance Co Ltd</title>
        <cusip>16939P106</cusip>
        <identifiers>
          <isin value="US16939P1066"/>
          <ticker value="LFC"/>
        </identifiers>
        <balance>3600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35136.000000000000</valUSD>
        <pctVal>0.2289635949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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 Ltd</title>
        <cusip>16941M109</cusip>
        <identifiers>
          <isin value="US16941M1099"/>
          <ticker value="CHL"/>
        </identifiers>
        <balance>2900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>109243.000000000000</valUSD>
        <pctVal>0.7118815458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOPEC CORP</name>
        <lei>529900A2OB24EZ5B3J19</lei>
        <title>China Petroleum &amp; Chemical Corp</title>
        <cusip>16941R108</cusip>
        <identifiers>
          <isin value="US16941R1086"/>
          <ticker value="SNP"/>
        </identifiers>
        <balance>600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29220.000000000000</valUSD>
        <pctVal>0.1904120060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Telecom Corp Ltd</name>
        <lei>529900JXXCCUCX634T88</lei>
        <title>China Telecom Corp Ltd</title>
        <cusip>169426103</cusip>
        <identifiers>
          <isin value="US1694261033"/>
          <ticker value="CHA"/>
        </identifiers>
        <balance>300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9156.000000000000</valUSD>
        <pctVal>0.0596650351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cielo SA</name>
        <lei>635400V276LMQ5UZ6C26</lei>
        <title>Cielo SA</title>
        <cusip>171778202</cusip>
        <identifiers>
          <isin value="US1717782023"/>
          <ticker value="CIOXY"/>
        </identifiers>
        <balance>14600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11604.080000000000</valUSD>
        <pctVal>0.0756179381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola Femsa SAB de CV</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>Coca-Cola Femsa SAB de CV</title>
        <cusip>191241108</cusip>
        <identifiers>
          <isin value="US1912411089"/>
          <ticker value="KOF"/>
        </identifiers>
        <balance>300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12069.000000000000</valUSD>
        <pctVal>0.0786475873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cia de Minas Buenaventura SAA</name>
        <lei>529900WQB1ZU9KB6EL71</lei>
        <title>Cia de Minas Buenaventura SAA</title>
        <cusip>204448104</cusip>
        <identifiers>
          <isin value="US2044481040"/>
          <ticker value="BVN"/>
        </identifiers>
        <balance>3400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24786.000000000000</valUSD>
        <pctVal>0.1615178638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco de Credito e Inversiones</name>
        <lei>549300E9E5Y3PKW24142</lei>
        <title>Banco de Credito e Inversiones SA</title>
        <cusip>P32133111</cusip>
        <identifiers>
          <isin value="CLP321331116"/>
          <ticker value="BCI"/>
        </identifiers>
        <balance>580.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="855.900000000000"/>
        <valUSD>19677.970000000000</valUSD>
        <pctVal>0.1282314080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Empresas CMPC SA</name>
        <lei>N/A</lei>
        <title>Empresas CMPC SA</title>
        <cusip>P3712V107</cusip>
        <identifiers>
          <isin value="CL0000001314"/>
          <ticker value="CMPC"/>
        </identifiers>
        <balance>14285.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="855.900000000000"/>
        <valUSD>30429.440000000000</valUSD>
        <pctVal>0.1982933166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Empresas COPEC SA</name>
        <lei>549300Q3IDJYG6Z7PA50</lei>
        <title>Empresas COPEC SA</title>
        <cusip>P7847L108</cusip>
        <identifiers>
          <isin value="CLP7847L1080"/>
          <ticker value="COPEC"/>
        </identifiers>
        <balance>4842.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="855.900000000000"/>
        <valUSD>27734.640000000000</valUSD>
        <pctVal>0.1807326638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Interconexion Electrica SA ESP</name>
        <lei>N/A</lei>
        <title>Interconexion Electrica SA ESP</title>
        <cusip>P5624U101</cusip>
        <identifiers>
          <isin value="COE15PA00026"/>
          <ticker value="ISA"/>
        </identifiers>
        <balance>19856.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="COP" exchangeRt="4062.000000000000"/>
        <valUSD>81731.250000000000</valUSD>
        <pctVal>0.5326013437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>El Puerto de Liverpool SAB de</name>
        <lei>4469000001BO4JEXZL32</lei>
        <title>El Puerto de Liverpool SAB de CV</title>
        <cusip>P36918137</cusip>
        <identifiers>
          <isin value="MXP369181377"/>
          <ticker value="LIVEPOLC"/>
        </identifiers>
        <balance>4100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="23.722500000000"/>
        <valUSD>8833.430000000000</valUSD>
        <pctVal>0.0575630091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Financiero Banorte SAB d</name>
        <lei>N/A</lei>
        <title>Grupo Financiero Banorte SAB de CV</title>
        <cusip>P49501201</cusip>
        <identifiers>
          <isin value="MXP370711014"/>
          <ticker value="GFNORTEO"/>
        </identifiers>
        <balance>13600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="23.722500000000"/>
        <valUSD>37264.200000000000</valUSD>
        <pctVal>0.2428320011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itausa - Investimentos Itau SA</name>
        <lei>N/A</lei>
        <title>Itausa - Investimentos Itau SA</title>
        <cusip>P5887P427</cusip>
        <identifiers>
          <isin value="BRITSAACNPR7"/>
          <ticker value="ITSA4"/>
        </identifiers>
        <balance>14400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>24110.390000000000</valUSD>
        <pctVal>0.1571152541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lojas Americanas SA</name>
        <lei>N/A</lei>
        <title>Lojas Americanas SA</title>
        <cusip>P6329M105</cusip>
        <identifiers>
          <isin value="BRLAMEACNPR6"/>
          <ticker value="LAME4"/>
        </identifiers>
        <balance>4543.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>15894.950000000000</valUSD>
        <pctVal>0.1035793742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alsea SAB de CV</name>
        <lei>4469000001BJLPKNUN21</lei>
        <title>Alsea SAB de CV</title>
        <cusip>P0212A104</cusip>
        <identifiers>
          <isin value="MXP001391012"/>
          <ticker value="ALSEA*"/>
        </identifiers>
        <balance>10900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="23.722500000000"/>
        <valUSD>6915.160000000000</valUSD>
        <pctVal>0.0450626108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Mexico SAB de CV</name>
        <lei>529900JWLZAYET2ZGW20</lei>
        <title>Grupo Mexico SAB de CV</title>
        <cusip>P49538112</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
          <ticker value="GMEXICOB"/>
        </identifiers>
        <balance>18500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="23.722500000000"/>
        <valUSD>34305.620000000000</valUSD>
        <pctVal>0.2235524271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petrobras Distribuidora SA</name>
        <lei>N/A</lei>
        <title>Petrobras Distribuidora SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBRDTACNOR1"/>
          <ticker value="BRDT3"/>
        </identifiers>
        <balance>4400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>13328.460000000000</valUSD>
        <pctVal>0.0868548530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENN Energy Holdings Ltd</name>
        <lei>549300V7BXPWT6WIPR03</lei>
        <title>ENN Energy Holdings Ltd</title>
        <cusip>26876F102</cusip>
        <identifiers>
          <isin value="US26876F1021"/>
          <ticker value="XNGSY"/>
        </identifiers>
        <balance>500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19070.000000000000</valUSD>
        <pctVal>0.1242695741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SACI Falabella</name>
        <lei>5493004CKJQ7H391LM41</lei>
        <title>SACI Falabella</title>
        <cusip>P3880F108</cusip>
        <identifiers>
          <isin value="CLP3880F1085"/>
          <ticker value="FALAB"/>
        </identifiers>
        <balance>22686.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="855.900000000000"/>
        <valUSD>49860.880000000000</valUSD>
        <pctVal>0.3249182129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ecopetrol SA</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>Ecopetrol SA</title>
        <cusip>279158109</cusip>
        <identifiers>
          <isin value="US2791581091"/>
          <ticker value="EC"/>
        </identifiers>
        <balance>5400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51354.000000000000</valUSD>
        <pctVal>0.3346481230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enel Americas SA</name>
        <lei>549300LKH11TFCJLZK20</lei>
        <title>Enel Americas SA</title>
        <cusip>29274F104</cusip>
        <identifiers>
          <isin value="US29274F1049"/>
          <ticker value="ENIA"/>
        </identifiers>
        <balance>9600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>58176.000000000000</valUSD>
        <pctVal>0.3791036571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>58.com Inc</name>
        <lei>549300R31W8UMZCTNF95</lei>
        <title>58.com Inc</title>
        <cusip>31680Q104</cusip>
        <identifiers>
          <isin value="US31680Q1040"/>
          <ticker value="WUBA"/>
        </identifiers>
        <balance>200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9744.000000000000</valUSD>
        <pctVal>0.0634967346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>51job Inc</name>
        <lei>52990088ZF32Q8YHCJ53</lei>
        <title>51job Inc</title>
        <cusip>316827104</cusip>
        <identifiers>
          <isin value="US3168271043"/>
          <ticker value="JOBS"/>
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        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6139.000000000000</valUSD>
        <pctVal>0.0400047674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fomento Economico Mexicano SAB</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
        <cusip>344419106</cusip>
        <identifiers>
          <isin value="US3444191064"/>
          <ticker value="FMX"/>
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        <balance>1000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60510.000000000000</valUSD>
        <pctVal>0.3943131582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GDS Holdings Ltd</name>
        <lei>391200MGV8DDCHTN2R77</lei>
        <title>GDS Holdings Ltd</title>
        <cusip>36165L108</cusip>
        <identifiers>
          <isin value="US36165L1089"/>
          <ticker value="GDS"/>
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        <balance>500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28985.000000000000</valUSD>
        <pctVal>0.1888806295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geely Automobile Holdings Ltd</name>
        <lei>549300YS3T1KVQ2SNI84</lei>
        <title>Geely Automobile Holdings Ltd</title>
        <cusip>36847Q103</cusip>
        <identifiers>
          <isin value="US36847Q1031"/>
          <ticker value="GELYY"/>
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        <balance>600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17518.800000000000</valUSD>
        <pctVal>0.1141611858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gold Fields Ltd</name>
        <lei>N/A</lei>
        <title>Gold Fields Ltd</title>
        <cusip>38059T106</cusip>
        <identifiers>
          <isin value="US38059T1060"/>
          <ticker value="GFI"/>
        </identifiers>
        <balance>3300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15675.000000000000</valUSD>
        <pctVal>0.1021460710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Celltrion Inc</name>
        <lei>N/A</lei>
        <title>Celltrion Inc</title>
        <cusip>Y1242A106</cusip>
        <identifiers>
          <isin value="KR7068270008"/>
          <ticker value="068270"/>
        </identifiers>
        <balance>177.450000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>33005.960000000000</valUSD>
        <pctVal>0.2150831982</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lojas Renner SA</name>
        <lei>N/A</lei>
        <title>Lojas Renner SA</title>
        <cusip>P6332C102</cusip>
        <identifiers>
          <isin value="BRLRENACNOR1"/>
          <ticker value="LREN3"/>
        </identifiers>
        <balance>4800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>31047.900000000000</valUSD>
        <pctVal>0.2023235086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIM Birlesik Magazalar AS</name>
        <lei>N/A</lei>
        <title>BIM Birlesik Magazalar AS</title>
        <cusip>M2014F102</cusip>
        <identifiers>
          <isin value="TREBIMM00018"/>
          <ticker value="BIMAS"/>
        </identifiers>
        <balance>20458.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.613250000000"/>
        <valUSD>155138.350000000000</valUSD>
        <pctVal>1.0109583993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Financiero Galicia SA</name>
        <lei>5299008H3AXIXV5G3C23</lei>
        <title>Grupo Financiero Galicia SA</title>
        <cusip>399909100</cusip>
        <identifiers>
          <isin value="US3999091008"/>
          <ticker value="GGAL"/>
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        <balance>5700.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40185.000000000000</valUSD>
        <pctVal>0.2618653819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Televisa SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
        <cusip>40049J206</cusip>
        <identifiers>
          <isin value="US40049J2069"/>
          <ticker value="TV"/>
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        <balance>2500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14500.000000000000</valUSD>
        <pctVal>0.0944891885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Novatek PJSC</name>
        <lei>2138008R6GCRVBDFA581</lei>
        <title>Novatek PJSC</title>
        <cusip>669888109</cusip>
        <identifiers>
          <isin value="US6698881090"/>
          <ticker value="NVTK"/>
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        <balance>286.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32430.430000000000</valUSD>
        <pctVal>0.2113327594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sanlam Ltd</name>
        <lei>37890014418406D9FC23</lei>
        <title>Sanlam Ltd</title>
        <cusip>S7302C137</cusip>
        <identifiers>
          <isin value="ZAE000070660"/>
          <ticker value="SLM"/>
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        <balance>6809.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>19389.470000000000</valUSD>
        <pctVal>0.1263513990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Construction Bank Corp</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>China Construction Bank Corp</title>
        <cusip>Y1397N101</cusip>
        <identifiers>
          <isin value="CNE1000002H1"/>
          <ticker value="939"/>
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        <balance>242000.000000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>196708.990000000000</valUSD>
        <pctVal>1.2818532984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHENZHOU INTL</name>
        <lei>529900B4W41TCUKJFM73</lei>
        <title>Shenzhou International Group Holdings Ltd</title>
        <cusip>G8087W101</cusip>
        <identifiers>
          <isin value="KYG8087W1015"/>
          <ticker value="2313"/>
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        <balance>1900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>19931.120000000000</valUSD>
        <pctVal>0.1298810589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Aeroportuario del Pacifi</name>
        <lei>4469000001BZ368XFI90</lei>
        <title>Grupo Aeroportuario del Pacifico SAB de CV</title>
        <cusip>400506101</cusip>
        <identifiers>
          <isin value="US4005061019"/>
          <ticker value="PAC"/>
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        <balance>200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10788.000000000000</valUSD>
        <pctVal>0.0702999562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Aeroportuario del Surest</name>
        <lei>5299001W7JIDXCUOUC82</lei>
        <title>Grupo Aeroportuario del Sureste SAB de CV</title>
        <cusip>40051E202</cusip>
        <identifiers>
          <isin value="US40051E2028"/>
          <ticker value="ASR"/>
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        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9414.000000000000</valUSD>
        <pctVal>0.0613462910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Humansoft Holding Co KSC</name>
        <lei>N/A</lei>
        <title>Humansoft Holding Co KSC</title>
        <cusip>M5299Z115</cusip>
        <identifiers>
          <isin value="KW0EQ0601694"/>
          <ticker value="HUMANSFT"/>
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        <balance>6098.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt=".313000000000"/>
        <valUSD>45718.540000000000</valUSD>
        <pctVal>0.2979246719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of China Ltd</name>
        <lei>54930053HGCFWVHYZX42</lei>
        <title>Bank of China Ltd</title>
        <cusip>Y0698A107</cusip>
        <identifiers>
          <isin value="CNE1000001Z5"/>
          <ticker value="3988"/>
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        <balance>191000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>72706.800000000000</valUSD>
        <pctVal>0.4737935536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENGAN INT'L</name>
        <lei>N/A</lei>
        <title>Hengan International Group Co Ltd</title>
        <cusip>42551N104</cusip>
        <identifiers>
          <isin value="US42551N1046"/>
          <ticker value="HEGIY"/>
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        <balance>1200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44664.000000000000</valUSD>
        <pctVal>0.2910527664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hon Hai Precision Industry Co</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>Hon Hai Precision Industry Co Ltd</title>
        <cusip>438090805</cusip>
        <identifiers>
          <isin value="US4380908057"/>
          <ticker value="HNHPF"/>
        </identifiers>
        <balance>9000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>41490.000000000000</valUSD>
        <pctVal>0.2703694089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ElSewedy Electric Co</name>
        <lei>5299005BDEN01BARSB46</lei>
        <title>ElSewedy Electric Co</title>
        <cusip>M398AL106</cusip>
        <identifiers>
          <isin value="EGS3G0Z1C014"/>
          <ticker value="SWDY"/>
        </identifiers>
        <balance>139468.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.740000000000"/>
        <valUSD>69329.510000000000</valUSD>
        <pctVal>0.4517854576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Larsen &amp; Toubro Ltd</name>
        <lei>3358003FR3JIC5FRXA90</lei>
        <title>Larsen &amp; Toubro Ltd</title>
        <cusip>Y5217N118</cusip>
        <identifiers>
          <isin value="USY5217N1183"/>
          <ticker value="LTOD"/>
        </identifiers>
        <balance>453.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4918.080000000000</valUSD>
        <pctVal>0.0320486474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huazhu Group Ltd</name>
        <lei>549300Y5ML31FVN83730</lei>
        <title>Huazhu Group Ltd</title>
        <cusip>44332N106</cusip>
        <identifiers>
          <isin value="US44332N1063"/>
          <ticker value="HTHT"/>
        </identifiers>
        <balance>300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8619.000000000000</valUSD>
        <pctVal>0.0561656769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hutchison China MediTech Ltd</name>
        <lei>2138006X34YDQ6OBYE79</lei>
        <title>Hutchison China MediTech Ltd</title>
        <cusip>44842L103</cusip>
        <identifiers>
          <isin value="US44842L1035"/>
          <ticker value="HCM"/>
        </identifiers>
        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1785.000000000000</valUSD>
        <pctVal>0.0116319449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reliance Industries Ltd</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>Reliance Industries Ltd</title>
        <cusip>759470107</cusip>
        <identifiers>
          <isin value="US7594701077"/>
          <ticker value="RLNIY"/>
        </identifiers>
        <balance>954.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29218.630000000000</valUSD>
        <pctVal>0.1904030784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vietnam Dairy Products JSC</name>
        <lei>N/A</lei>
        <title>Vietnam Dairy Products JSC</title>
        <cusip>Y9365V104</cusip>
        <identifiers>
          <isin value="VN000000VNM8"/>
          <ticker value="VNM"/>
        </identifiers>
        <balance>16330.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>62367.360000000000</valUSD>
        <pctVal>0.4064166367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUYA Inc</name>
        <lei>549300WPEZ00T1MABE80</lei>
        <title>HUYA Inc</title>
        <cusip>44852D108</cusip>
        <identifiers>
          <isin value="US44852D1081"/>
          <ticker value="HUYA"/>
        </identifiers>
        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1695.000000000000</valUSD>
        <pctVal>0.0110454603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICICI Bank Ltd</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI Bank Ltd</title>
        <cusip>45104G104</cusip>
        <identifiers>
          <isin value="US45104G1040"/>
          <ticker value="IBN"/>
        </identifiers>
        <balance>2100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17850.000000000000</valUSD>
        <pctVal>0.1163194492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Bank Co Ltd</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>China Merchants Bank Co Ltd</title>
        <cusip>Y14896115</cusip>
        <identifiers>
          <isin value="CNE1000002M1"/>
          <ticker value="3968"/>
        </identifiers>
        <balance>9500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>42500.830000000000</valUSD>
        <pctVal>0.2769564783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICBC</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>Industrial &amp; Commercial Bank of China Ltd</title>
        <cusip>Y3990B112</cusip>
        <identifiers>
          <isin value="CNE1000003G1"/>
          <ticker value="1398"/>
        </identifiers>
        <balance>158000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>107784.280000000000</valUSD>
        <pctVal>0.7023758031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Country Garden Holdings Co Ltd</name>
        <lei>549300MGHLPT1EFHGF84</lei>
        <title>Country Garden Holdings Co Ltd</title>
        <cusip>G24524103</cusip>
        <identifiers>
          <isin value="KYG245241032"/>
          <ticker value="2007"/>
        </identifiers>
        <balance>19000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>22714.830000000000</valUSD>
        <pctVal>0.1480210933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNNY OPTICAL</name>
        <lei>3003004QIVP0DFVVWM94</lei>
        <title>Sunny Optical Technology Group Co Ltd</title>
        <cusip>G8586D109</cusip>
        <identifiers>
          <isin value="KYG8586D1097"/>
          <ticker value="2382"/>
        </identifiers>
        <balance>6500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>85981.110000000000</valUSD>
        <pctVal>0.5602955384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Komercni banka as</name>
        <lei>IYKCAVNFR8QGF00HV840</lei>
        <title>Komercni banka as</title>
        <cusip>X45471111</cusip>
        <identifiers>
          <isin value="CZ0008019106"/>
          <ticker value="KOMB"/>
        </identifiers>
        <balance>3590.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="24.856800000000"/>
        <valUSD>67683.200000000000</valUSD>
        <pctVal>0.4410572855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Impala Platinum Holdings Ltd</name>
        <lei>254900BZFIFB4PD2Z778</lei>
        <title>Impala Platinum Holdings Ltd</title>
        <cusip>452553308</cusip>
        <identifiers>
          <isin value="US4525533083"/>
          <ticker value="IMPUY"/>
        </identifiers>
        <balance>3100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13426.100000000000</valUSD>
        <pctVal>0.0874911237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vingroup JSC</name>
        <lei>254900MJ9C15O3O1V757</lei>
        <title>Vingroup JSC</title>
        <cusip>Y9375L104</cusip>
        <identifiers>
          <isin value="VN000000VIC9"/>
          <ticker value="VIC"/>
        </identifiers>
        <balance>22320.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>78350.430000000000</valUSD>
        <pctVal>0.5105702445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DP World PLC</name>
        <lei>549300M3U2DNF4QVSS04</lei>
        <title>DP World PLC</title>
        <cusip>M2851K107</cusip>
        <identifiers>
          <isin value="AEDFXA0M6V00"/>
          <ticker value="DPW"/>
        </identifiers>
        <balance>7444.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111895.180000000000</valUSD>
        <pctVal>0.7291644655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infosys Ltd</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>Infosys Ltd</title>
        <cusip>456788108</cusip>
        <identifiers>
          <isin value="US4567881085"/>
          <ticker value="INFY"/>
        </identifiers>
        <balance>3200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26272.000000000000</valUSD>
        <pctVal>0.1712013765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iQIYI Inc</name>
        <lei>222100XL8T2Q5B8MS302</lei>
        <title>iQIYI Inc</title>
        <cusip>46267X108</cusip>
        <identifiers>
          <isin value="US46267X1081"/>
          <ticker value="IQ"/>
        </identifiers>
        <balance>300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5340.000000000000</valUSD>
        <pctVal>0.0347980873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Talaat Moustafa Group</name>
        <lei>N/A</lei>
        <title>Talaat Moustafa Group</title>
        <cusip>M8763H108</cusip>
        <identifiers>
          <isin value="EGS691S1C011"/>
          <ticker value="TMGH"/>
        </identifiers>
        <balance>154683.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.740000000000"/>
        <valUSD>49018.780000000000</valUSD>
        <pctVal>0.3194306718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoa Phat Group JSC</name>
        <lei>549300ODJEFGL5CWKD32</lei>
        <title>Hoa Phat Group JSC</title>
        <cusip>Y3231H100</cusip>
        <identifiers>
          <isin value="VN000000HPG4"/>
          <ticker value="HPG"/>
        </identifiers>
        <balance>36530.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>25743.220000000000</valUSD>
        <pctVal>0.1677555839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI Emerging Markets</name>
        <lei>549300BPYHDEDI59G670</lei>
        <title>iShares MSCI Emerging Markets ETF</title>
        <cusip>464287234</cusip>
        <identifiers>
          <isin value="US4642872349"/>
          <ticker value="EEM"/>
        </identifiers>
        <balance>2200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75086.000000000000</valUSD>
        <pctVal>0.4892976003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI Saudi Arabia ETF</name>
        <lei>5493004P512V6ELEIL59</lei>
        <title>iShares MSCI Saudi Arabia ETF</title>
        <cusip>46434V423</cusip>
        <identifiers>
          <isin value="US46434V4234"/>
          <ticker value="KSA"/>
        </identifiers>
        <balance>24500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>586285.000000000000</valUSD>
        <pctVal>3.8205237139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Want Want China Holdings Ltd</name>
        <lei>5299005HZCEKX4O1J230</lei>
        <title>Want Want China Holdings Ltd</title>
        <cusip>G9431R103</cusip>
        <identifiers>
          <isin value="KYG9431R1039"/>
          <ticker value="151"/>
        </identifiers>
        <balance>45000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>32450.240000000000</valUSD>
        <pctVal>0.2114618512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CPIC</name>
        <lei>529900BA5ILEL308WX03</lei>
        <title>China Pacific Insurance Group Co Ltd</title>
        <cusip>Y1505Z103</cusip>
        <identifiers>
          <isin value="CNE1000009Q7"/>
          <ticker value="2601"/>
        </identifiers>
        <balance>6400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>19163.100000000000</valUSD>
        <pctVal>0.1248762598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itau Unibanco Holding SA</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>Itau Unibanco Holding SA</title>
        <cusip>465562106</cusip>
        <identifiers>
          <isin value="US4655621062"/>
          <ticker value="ITUB"/>
        </identifiers>
        <balance>14000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62860.000000000000</valUSD>
        <pctVal>0.4096269232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOYY Inc</name>
        <lei>549300N6CHVU5CQZPW24</lei>
        <title>JOYY Inc</title>
        <cusip>46591M109</cusip>
        <identifiers>
          <isin value="US46591M1099"/>
          <ticker value="YY"/>
        </identifiers>
        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5326.000000000000</valUSD>
        <pctVal>0.0347068564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS SA</name>
        <lei>529900RM0MTMZL9O5050</lei>
        <title>JBS SA</title>
        <cusip>466110103</cusip>
        <identifiers>
          <isin value="US4661101034"/>
          <ticker value="JBSAY"/>
        </identifiers>
        <balance>2000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15648.000000000000</valUSD>
        <pctVal>0.1019701256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mesaieed Petrochemical Holding</name>
        <lei>N/A</lei>
        <title>Mesaieed Petrochemical Holding Co</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA000VSUG130"/>
          <ticker value="MPHC"/>
        </identifiers>
        <balance>95127.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.641000000000"/>
        <valUSD>37981.850000000000</valUSD>
        <pctVal>0.2475085643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magnit PJSC</name>
        <lei>2534009KKPTVL99W2Y12</lei>
        <title>Magnit PJSC</title>
        <cusip>55953Q202</cusip>
        <identifiers>
          <isin value="US55953Q2021"/>
          <ticker value="MGNT"/>
        </identifiers>
        <balance>11053.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97505.910000000000</valUSD>
        <pctVal>0.6353968486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hartalega Holdings Bhd</name>
        <lei>N/A</lei>
        <title>Hartalega Holdings Bhd</title>
        <cusip>Y31139101</cusip>
        <identifiers>
          <isin value="MYL5168OO009"/>
          <ticker value="HART"/>
        </identifiers>
        <balance>8500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>13504.440000000000</valUSD>
        <pctVal>0.0880016259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MMC Norilsk Nickel PJSC</name>
        <lei>253400JPTEEW143W3E47</lei>
        <title>MMC Norilsk Nickel PJSC</title>
        <cusip>55315J102</cusip>
        <identifiers>
          <isin value="US55315J1025"/>
          <ticker value="NILSY"/>
        </identifiers>
        <balance>7292.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>180625.380000000000</valUSD>
        <pctVal>1.1770445221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tatneft PJSC</name>
        <lei>253400PAT768SVJMV121</lei>
        <title>Tatneft PJSC</title>
        <cusip>876629205</cusip>
        <identifiers>
          <isin value="US8766292051"/>
          <ticker value="OAOFY"/>
        </identifiers>
        <balance>803.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33504.760000000000</valUSD>
        <pctVal>0.2183336263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Palm Hills Developments SAE</name>
        <lei>N/A</lei>
        <title>Palm Hills Developments SAE</title>
        <cusip>M7778G105</cusip>
        <identifiers>
          <isin value="EGS655L1C012"/>
          <ticker value="PHDC"/>
        </identifiers>
        <balance>511159.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.740000000000"/>
        <valUSD>34850.550000000000</valUSD>
        <pctVal>0.2271034611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sun Art Retail Group Ltd</name>
        <lei>3003009IMRZ363PQCP28</lei>
        <title>Sun Art Retail Group Ltd</title>
        <cusip>Y8184B109</cusip>
        <identifiers>
          <isin value="HK0000083920"/>
          <ticker value="6808"/>
        </identifiers>
        <balance>20500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>30158.230000000000</valUSD>
        <pctVal>0.1965259778</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magazine Luiza SA</name>
        <lei>N/A</lei>
        <title>Magazine Luiza SA</title>
        <cusip>P6425Q109</cusip>
        <identifiers>
          <isin value="BRMGLUACNOR2"/>
          <ticker value="MGLU3"/>
        </identifiers>
        <balance>4300.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>32588.670000000000</valUSD>
        <pctVal>0.2123639297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunac China Holdings Ltd</name>
        <lei>549300OLARYHDXP3WK18</lei>
        <title>Sunac China Holdings Ltd</title>
        <cusip>G8569A106</cusip>
        <identifiers>
          <isin value="KYG8569A1067"/>
          <ticker value="1918"/>
        </identifiers>
        <balance>6000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>27364.600000000000</valUSD>
        <pctVal>0.1783212997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Masan Group Corp</name>
        <lei>254900M1892CMJ87XD24</lei>
        <title>Masan Group Corp</title>
        <cusip>Y5825M106</cusip>
        <identifiers>
          <isin value="VN000000MSN4"/>
          <ticker value="MSN"/>
        </identifiers>
        <balance>11520.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>23806.380000000000</valUSD>
        <pctVal>0.1551341742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petronas Chemicals Group Bhd</name>
        <lei>N/A</lei>
        <title>Petronas Chemicals Group Bhd</title>
        <cusip>Y6811G103</cusip>
        <identifiers>
          <isin value="MYL5183OO008"/>
          <ticker value="PCHEM"/>
        </identifiers>
        <balance>21700.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>25309.820000000000</valUSD>
        <pctVal>0.1649313346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurobank Ergasias Services and</name>
        <lei>JEUVK5RWVJEN8W0C9M24</lei>
        <title>Eurobank Ergasias SA</title>
        <cusip>X2321W101</cusip>
        <identifiers>
          <isin value="GRS323003012"/>
          <ticker value="EUROB"/>
        </identifiers>
        <balance>90356.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
        <valUSD>37805.220000000000</valUSD>
        <pctVal>0.2463575557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUKOIL PJSC</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC</title>
        <cusip>69343P105</cusip>
        <identifiers>
          <isin value="US69343P1057"/>
          <ticker value="LUKOY"/>
        </identifiers>
        <balance>1237.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72898.520000000000</valUSD>
        <pctVal>0.4750428962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vincom Retail JSC</name>
        <lei>N/A</lei>
        <title>Vincom Retail JSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="VN000000VRE6"/>
          <ticker value="VRE"/>
        </identifiers>
        <balance>24870.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>19802.470000000000</valUSD>
        <pctVal>0.1290427117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alpha Bank AE</name>
        <lei>5299009N55YRQC69CN08</lei>
        <title>Alpha Bank AE</title>
        <cusip>X0085P155</cusip>
        <identifiers>
          <isin value="GRS015003007"/>
          <ticker value="ALPHA"/>
        </identifiers>
        <balance>59544.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
        <valUSD>44075.690000000000</valUSD>
        <pctVal>0.2872190468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sberbank of Russia PJSC</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>Sberbank of Russia PJSC</title>
        <cusip>80585Y308</cusip>
        <identifiers>
          <isin value="US80585Y3080"/>
          <ticker value="SBRCY"/>
        </identifiers>
        <balance>34450.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>324513.140000000000</valUSD>
        <pctVal>2.1146884994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BDO Unibank Inc</name>
        <lei>3FGIIBS1PEI1FYQBGN97</lei>
        <title>BDO Unibank Inc</title>
        <cusip>Y07775102</cusip>
        <identifiers>
          <isin value="PHY077751022"/>
          <ticker value="BDO"/>
        </identifiers>
        <balance>8940.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.860000000000"/>
        <valUSD>18072.080000000000</valUSD>
        <pctVal>0.1177666326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agricultural Bank of China Ltd</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>Agricultural Bank of China Ltd</title>
        <cusip>Y00289119</cusip>
        <identifiers>
          <isin value="CNE100000Q43"/>
          <ticker value="1288"/>
        </identifiers>
        <balance>67000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>26750.740000000000</valUSD>
        <pctVal>0.1743210837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank for Foreign Trade of Viet</name>
        <lei>2549004TS5QUBFGAWE51</lei>
        <title>Bank for Foreign Trade of Vietnam JSC</title>
        <cusip>Y444A7106</cusip>
        <identifiers>
          <isin value="VN000000VCB4"/>
          <ticker value="VCB"/>
        </identifiers>
        <balance>5800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>15034.010000000000</valUSD>
        <pctVal>0.0979690624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PZU</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>Powszechny Zaklad Ubezpieczen SA</title>
        <cusip>X6919T107</cusip>
        <identifiers>
          <isin value="PLPZU0000011"/>
          <ticker value="PZU"/>
        </identifiers>
        <balance>6449.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>48444.900000000000</valUSD>
        <pctVal>0.3156909852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vodacom Group Ltd</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>Vodacom Group Ltd</title>
        <cusip>S9453B108</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
          <ticker value="VOD"/>
        </identifiers>
        <balance>2499.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>16330.070000000000</valUSD>
        <pctVal>0.1064148318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fibra Uno Administracion SA de</name>
        <lei>N/A</lei>
        <title>Fibra Uno Administracion SA de CV</title>
        <cusip>P3515D163</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
          <ticker value="FUNO11"/>
        </identifiers>
        <balance>16600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="23.722500000000"/>
        <valUSD>13029.490000000000</valUSD>
        <pctVal>0.0849066163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Astra International Tbk PT</name>
        <lei>529900L49TRJOMG4DK47</lei>
        <title>Astra International Tbk PT</title>
        <cusip>Y7117N172</cusip>
        <identifiers>
          <isin value="ID1000122807"/>
          <ticker value="ASII"/>
        </identifiers>
        <balance>227800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16310.000000000000"/>
        <valUSD>54159.440000000000</valUSD>
        <pctVal>0.3529297609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AAC Technologies Holdings Inc</name>
        <lei>549300SKEDE1VKS0A552</lei>
        <title>AAC Technologies Holdings Inc</title>
        <cusip>G2953R114</cusip>
        <identifiers>
          <isin value="KYG2953R1149"/>
          <ticker value="2018"/>
        </identifiers>
        <balance>6500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>33146.900000000000</valUSD>
        <pctVal>0.2160016332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Argos SA/Colombia</name>
        <lei>254900HANAO95XIAE681</lei>
        <title>Grupo Argos SA/Colombia</title>
        <cusip>P0275K122</cusip>
        <identifiers>
          <isin value="COT09PA00035"/>
          <ticker value="GRUPOARG"/>
        </identifiers>
        <balance>13735.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="COP" exchangeRt="4062.000000000000"/>
        <valUSD>46256.720000000000</valUSD>
        <pctVal>0.3014317195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Richter Gedeon Nyrt</name>
        <lei>549300J6ZJW5IH4WEE46</lei>
        <title>Richter Gedeon Nyrt</title>
        <cusip>X3124S107</cusip>
        <identifiers>
          <isin value="HU0000123096"/>
          <ticker value="RICHT"/>
        </identifiers>
        <balance>3495.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="327.092450000000"/>
        <valUSD>65912.380000000000</valUSD>
        <pctVal>0.4295177445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dino Polska SA</name>
        <lei>259400H4L81SMPRTW956</lei>
        <title>Dino Polska SA</title>
        <cusip>X188AF102</cusip>
        <identifiers>
          <isin value="PLDINPL00011"/>
          <ticker value="DNP"/>
        </identifiers>
        <balance>1865.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.136550000000"/>
        <valUSD>72546.820000000000</valUSD>
        <pctVal>0.4727510446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Moneta Money Bank AS</name>
        <lei>I6USJ58BDV2BO5KP3C31</lei>
        <title>Moneta Money Bank AS</title>
        <cusip>X3R0GS100</cusip>
        <identifiers>
          <isin value="CZ0008040318"/>
          <ticker value="MONET"/>
        </identifiers>
        <balance>18870.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="24.856800000000"/>
        <valUSD>38864.000000000000</valUSD>
        <pctVal>0.2532570910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOL Hungarian Oil &amp; Gas PLC</name>
        <lei>213800R83KX5FQFGXS67</lei>
        <title>MOL Hungarian Oil &amp; Gas PLC</title>
        <cusip>X5462R112</cusip>
        <identifiers>
          <isin value="HU0000153937"/>
          <ticker value="MOL"/>
        </identifiers>
        <balance>5788.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="327.092450000000"/>
        <valUSD>33963.050000000000</valUSD>
        <pctVal>0.2213200712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YIHAI INTL</name>
        <lei>3003004D79NRTSL70K40</lei>
        <title>Yihai International Holding Ltd</title>
        <cusip>G98419107</cusip>
        <identifiers>
          <isin value="KYG984191075"/>
          <ticker value="1579"/>
        </identifiers>
        <balance>4000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>30129.990000000000</valUSD>
        <pctVal>0.1963419519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Old Mutual Ltd</name>
        <lei>213800MON84ZWWPQCN47</lei>
        <title>Old Mutual Ltd</title>
        <cusip>S5790B132</cusip>
        <identifiers>
          <isin value="ZAE000255360"/>
          <ticker value="OMU"/>
        </identifiers>
        <balance>17558.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>11648.160000000000</valUSD>
        <pctVal>0.0759051852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Absa Group Ltd</name>
        <lei>2138006IPPRD4N6XLT30</lei>
        <title>Absa Group Ltd</title>
        <cusip>S0270C106</cusip>
        <identifiers>
          <isin value="ZAE000255915"/>
          <ticker value="ABG"/>
        </identifiers>
        <balance>2622.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>10908.200000000000</valUSD>
        <pctVal>0.0710832390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vinhomes JSC</name>
        <lei>N/A</lei>
        <title>Vinhomes JSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="VN000000VHM0"/>
          <ticker value="VHM"/>
        </identifiers>
        <balance>22410.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23617.000000000000"/>
        <valUSD>51601.950000000000</valUSD>
        <pctVal>0.3362638881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Bank of Greece SA</name>
        <lei>5UMCZOEYKCVFAW8ZLO05</lei>
        <title>National Bank of Greece SA</title>
        <cusip>X56533189</cusip>
        <identifiers>
          <isin value="GRS003003035"/>
          <ticker value="ETE"/>
        </identifiers>
        <balance>15838.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".906700000000"/>
        <valUSD>20896.050000000000</valUSD>
        <pctVal>0.1361690211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiaomi Corp</name>
        <lei>2549001ACVFAZRNMKL32</lei>
        <title>Xiaomi Corp</title>
        <cusip>G9830T106</cusip>
        <identifiers>
          <isin value="KYG9830T1067"/>
          <ticker value="1810"/>
        </identifiers>
        <balance>51800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>68779.340000000000</valUSD>
        <pctVal>0.4482002772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B3 SA - Brasil Bolsa Balcao</name>
        <lei>4GTK5S46E6H318LMDS44</lei>
        <title>B3 SA - Brasil Bolsa Balcao</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRB3SAACNOR6"/>
          <ticker value="B3SA3"/>
        </identifiers>
        <balance>4600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>31542.500000000000</valUSD>
        <pctVal>0.2055465674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cogna Educacao</name>
        <lei>549300BTP1E45NJ6R194</lei>
        <title>Cogna Educacao</title>
        <cusip>P6S43Y203</cusip>
        <identifiers>
          <isin value="BRCOGNACNOR2"/>
          <ticker value="COGN3"/>
        </identifiers>
        <balance>8800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.196100000000"/>
        <valUSD>6943.670000000000</valUSD>
        <pctVal>0.0452483961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bancolombia SA</name>
        <lei>54930052NWJRPNMP1W58</lei>
        <title>Bancolombia SA</title>
        <cusip>P1329P141</cusip>
        <identifiers>
          <isin value="COB07PA00078"/>
          <ticker value="BCOLO"/>
        </identifiers>
        <balance>7786.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="COP" exchangeRt="4062.000000000000"/>
        <valUSD>48073.090000000000</valUSD>
        <pctVal>0.3132680869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abu Dhabi Commercial Bank PJSC</name>
        <lei>213800RWVKKIRX1AUH58</lei>
        <title>Abu Dhabi Commercial Bank PJSC</title>
        <cusip>M0152Q104</cusip>
        <identifiers>
          <isin value="AEA000201011"/>
          <ticker value="ADCB"/>
        </identifiers>
        <balance>44004.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.673150000000"/>
        <valUSD>54920.040000000000</valUSD>
        <pctVal>0.3578862075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Noah Holdings Ltd</name>
        <lei>3003008QW3IHPD3NTU41</lei>
        <title>Noah Holdings Ltd</title>
        <cusip>65487X102</cusip>
        <identifiers>
          <isin value="US65487X1028"/>
          <ticker value="NOAH"/>
        </identifiers>
        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2586.000000000000</valUSD>
        <pctVal>0.0168516580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Malayan Banking Bhd</name>
        <lei>5493004OT3TOY404V310</lei>
        <title>Malayan Banking Bhd</title>
        <cusip>Y54671105</cusip>
        <identifiers>
          <isin value="MYL1155OO000"/>
          <ticker value="MAY"/>
        </identifiers>
        <balance>29500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.320000000000"/>
        <valUSD>50896.340000000000</valUSD>
        <pctVal>0.3316657836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAVER Corp</name>
        <lei>N/A</lei>
        <title>NAVER Corp</title>
        <cusip>Y62579100</cusip>
        <identifiers>
          <isin value="KR7035420009"/>
          <ticker value="035420"/>
        </identifiers>
        <balance>254.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1217.350000000000"/>
        <valUSD>35314.740000000000</valUSD>
        <pctVal>0.2301283533</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTN Group Ltd</name>
        <lei>2549009JD6Q6XHZS5E05</lei>
        <title>MTN Group Ltd</title>
        <cusip>S8039R108</cusip>
        <identifiers>
          <isin value="ZAE000042164"/>
          <ticker value="MTN"/>
        </identifiers>
        <balance>6643.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>17812.250000000000</valUSD>
        <pctVal>0.1160734515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qatar Electricity &amp; Water Co Q</name>
        <lei>N/A</lei>
        <title>Qatar Electricity &amp; Water Co QSC</title>
        <cusip>M8179S102</cusip>
        <identifiers>
          <isin value="QA0006929812"/>
          <ticker value="QEWS"/>
        </identifiers>
        <balance>11691.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.641000000000"/>
        <valUSD>43622.000000000000</valUSD>
        <pctVal>0.2842625778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heliopolis Housing</name>
        <lei>N/A</lei>
        <title>Heliopolis Housing</title>
        <cusip>M52987100</cusip>
        <identifiers>
          <isin value="EGS65591C017"/>
          <ticker value="HELI"/>
        </identifiers>
        <balance>118944.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.740000000000"/>
        <valUSD>25617.550000000000</valUSD>
        <pctVal>0.1669366558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mobile Telecommunications Co K</name>
        <lei>N/A</lei>
        <title>Mobile Telecommunications Co KSC</title>
        <cusip>M7034R101</cusip>
        <identifiers>
          <isin value="KW0EQ0601058"/>
          <ticker value="ZAIN"/>
        </identifiers>
        <balance>82219.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt=".313000000000"/>
        <valUSD>134926.630000000000</valUSD>
        <pctVal>0.8792488117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FirstRand Ltd</name>
        <lei>N/A</lei>
        <title>FirstRand Ltd</title>
        <cusip>S5202Z131</cusip>
        <identifiers>
          <isin value="ZAE000066304"/>
          <ticker value="FSR"/>
        </identifiers>
        <balance>12215.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>27412.080000000000</valUSD>
        <pctVal>0.1786307030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Siam Cement PCL/The</name>
        <lei>529900SEH9QK8ZZDCQ89</lei>
        <title>Siam Cement PCL/The</title>
        <cusip>Y7866P121</cusip>
        <identifiers>
          <isin value="TH0003010R12"/>
          <ticker value="SCC-R"/>
        </identifiers>
        <balance>3700.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>36303.660000000000</valUSD>
        <pctVal>0.2365726463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCB Bank Ltd</name>
        <lei>2549002SIFOER1TFOK04</lei>
        <title>MCB Bank Ltd</title>
        <cusip>Y61898105</cusip>
        <identifiers>
          <isin value="PK0055601014"/>
          <ticker value="MCB"/>
        </identifiers>
        <balance>102800.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>91501.710000000000</valUSD>
        <pctVal>0.5962705048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Abu Dhabi Bank PJSC</name>
        <lei>2138002Y3WMK6RZS8H90</lei>
        <title>First Abu Dhabi Bank PJSC</title>
        <cusip>M7080Z114</cusip>
        <identifiers>
          <isin value="AEN000101016"/>
          <ticker value="FAB"/>
        </identifiers>
        <balance>39593.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.673150000000"/>
        <valUSD>102085.140000000000</valUSD>
        <pctVal>0.6652373815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nedbank Group Ltd</name>
        <lei>N/A</lei>
        <title>Nedbank Group Ltd</title>
        <cusip>S5518R104</cusip>
        <identifiers>
          <isin value="ZAE000004875"/>
          <ticker value="NED"/>
        </identifiers>
        <balance>1353.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.885500000000"/>
        <valUSD>6287.270000000000</valUSD>
        <pctVal>0.0409709683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industries Qatar QSC</name>
        <lei>N/A</lei>
        <title>Industries Qatar QSC</title>
        <cusip>M56303106</cusip>
        <identifiers>
          <isin value="QA000A0KD6K3"/>
          <ticker value="IQCD"/>
        </identifiers>
        <balance>39021.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.641000000000"/>
        <valUSD>71048.580000000000</valUSD>
        <pctVal>0.4629877700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unilever Indonesia Tbk PT</name>
        <lei>549300MUHUFNRRI19O72</lei>
        <title>Unilever Indonesia Tbk PT</title>
        <cusip>Y9064H141</cusip>
        <identifiers>
          <isin value="ID1000095706"/>
          <ticker value="UNVR"/>
        </identifiers>
        <balance>45500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16310.000000000000"/>
        <valUSD>20120.580000000000</valUSD>
        <pctVal>0.1311156742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uni-President Enterprises Corp</name>
        <lei>254900DAXBDMVEXU5959</lei>
        <title>Uni-President Enterprises Corp</title>
        <cusip>Y91475106</cusip>
        <identifiers>
          <isin value="TW0001216000"/>
          <ticker value="1216"/>
        </identifiers>
        <balance>22000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>47617.180000000000</valUSD>
        <pctVal>0.3102971514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>President Chain Store Corp</name>
        <lei>N/A</lei>
        <title>President Chain Store Corp</title>
        <cusip>Y7082T105</cusip>
        <identifiers>
          <isin value="TW0002912003"/>
          <ticker value="2912"/>
        </identifiers>
        <balance>3000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.241500000000"/>
        <valUSD>28046.350000000000</valUSD>
        <pctVal>0.1827639207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Rakyat Indonesia Persero</name>
        <lei>254900HB6S4B12GBNP64</lei>
        <title>Bank Rakyat Indonesia Persero Tbk PT</title>
        <cusip>Y0697U112</cusip>
        <identifiers>
          <isin value="ID1000118201"/>
          <ticker value="BBRI"/>
        </identifiers>
        <balance>199900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16310.000000000000"/>
        <valUSD>36662.700000000000</valUSD>
        <pctVal>0.2389123289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qatar Islamic Bank SAQ</name>
        <lei>N/A</lei>
        <title>Qatar Islamic Bank SAQ</title>
        <cusip>M8179Y109</cusip>
        <identifiers>
          <isin value="QA0006929853"/>
          <ticker value="QIBK"/>
        </identifiers>
        <balance>11211.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.641000000000"/>
        <valUSD>43920.440000000000</valUSD>
        <pctVal>0.2862073608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oil &amp; Gas Development Co Ltd</name>
        <lei>N/A</lei>
        <title>Oil &amp; Gas Development Co Ltd</title>
        <cusip>Y6448X107</cusip>
        <identifiers>
          <isin value="PK0080201012"/>
          <ticker value="OGDC"/>
        </identifiers>
        <balance>85400.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PKR" exchangeRt="166.100000000000"/>
        <valUSD>39395.220000000000</valUSD>
        <pctVal>0.2567187839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Airports of Thailand PCL</name>
        <lei>5299006VS4CU6LW0TY22</lei>
        <title>Airports of Thailand PCL</title>
        <cusip>Y0028Q129</cusip>
        <identifiers>
          <isin value="TH0765010R16"/>
          <ticker value="AOT-R"/>
        </identifiers>
        <balance>20600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.817500000000"/>
        <valUSD>31706.710000000000</valUSD>
        <pctVal>0.2066166411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM Prime Holdings Inc</name>
        <lei>254900SZK83MIAB8CU32</lei>
        <title>SM Prime Holdings Inc</title>
        <cusip>Y8076N112</cusip>
        <identifiers>
          <isin value="PHY8076N1120"/>
          <ticker value="SMPH"/>
        </identifiers>
        <balance>46100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.860000000000"/>
        <valUSD>25601.360000000000</valUSD>
        <pctVal>0.1668311538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Bank of Kuwait SAKP</name>
        <lei>549300NB7FE83IH6BW96</lei>
        <title>National Bank of Kuwait SAKP</title>
        <cusip>M7103V108</cusip>
        <identifiers>
          <isin value="KW0EQ0100010"/>
          <ticker value="NBK"/>
        </identifiers>
        <balance>99550.500000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt=".313000000000"/>
        <valUSD>226907.390000000000</valUSD>
        <pctVal>1.4786410438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agility Public Warehousing Co</name>
        <lei>549300C16Q6C2NMAI063</lei>
        <title>Agility Public Warehousing Co KSC</title>
        <cusip>M8788D108</cusip>
        <identifiers>
          <isin value="KW0EQ0601041"/>
          <ticker value="AGLTY"/>
        </identifiers>
        <balance>36541.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt=".313000000000"/>
        <valUSD>65783.140000000000</valUSD>
        <pctVal>0.4286755526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TINGYI</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>Tingyi Cayman Islands Holding Corp</title>
        <cusip>G8878S103</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
          <ticker value="322"/>
        </identifiers>
        <balance>18000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.752750000000"/>
        <valUSD>29265.010000000000</valUSD>
        <pctVal>0.1907053134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The monthly total returns shown in B.5.a. do not reflect the deduction of sales loads or redemption fees.&#10;" noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Frontier Funds, Inc.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Elyce D. Dilworth</ncom:signature>
      <ncom:signerName>Frontier Funds, Inc.</ncom:signerName>
      <ncom:title>Treasurer and Assistant Secretary</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
