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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Imperial Brands plc</name>
        <lei>549300DFVPOB67JL3A42</lei>
        <title>Imperial Brands plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004544929"/>
          <other otherDesc="Inhouse Asset ID" value="42030"/>
        </identifiers>
        <balance>26923.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>448593.12000000</valUSD>
        <pctVal>0.160930135431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Centrica plc</name>
        <lei>E26EDV109X6EEPBKVH76</lei>
        <title>Centrica plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B033F229"/>
          <other otherDesc="Inhouse Asset ID" value="317448"/>
        </identifiers>
        <balance>910826.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>574335.88000000</valUSD>
        <pctVal>0.206039608792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi UFJ Lease &amp; Finance Co. Ltd.</name>
        <lei>353800MZ3QX9RLMH7B09</lei>
        <title>Mitsubishi UFJ Lease &amp; Finance Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3499800005"/>
          <other otherDesc="Inhouse Asset ID" value="317264"/>
        </identifiers>
        <balance>84100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>356959.99000000</valUSD>
        <pctVal>0.128057290612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hennes &amp; Mauritz AB</name>
        <lei>529900O5RR7R39FRDM42</lei>
        <title>Hennes &amp; Mauritz AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000106270"/>
          <other otherDesc="Inhouse Asset ID" value="201593"/>
        </identifiers>
        <balance>97010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>1512355.11000000</valUSD>
        <pctVal>0.542548473933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lawson, Inc.</name>
        <lei>529900IWO8XQO92PR233</lei>
        <title>Lawson, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3982100004"/>
          <other otherDesc="Inhouse Asset ID" value="255362"/>
        </identifiers>
        <balance>10400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>517837.97000000</valUSD>
        <pctVal>0.185771316875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hermes International</name>
        <lei>969500Y4IJGHJE2MTJ13</lei>
        <title>Hermes International</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000052292"/>
          <other otherDesc="Inhouse Asset ID" value="204904"/>
        </identifiers>
        <balance>4215.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>3416976.78000000</valUSD>
        <pctVal>1.225820262184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Institutional Fiduciary Trust - Money Market Portfolio</name>
        <lei>N/A</lei>
        <title>Institutional Fiduciary Trust - Money Market Portfolio</title>
        <cusip>457756500</cusip>
        <identifiers>
          <isin value="US4577565009"/>
          <other otherDesc="Inhouse Asset ID" value="170875"/>
        </identifiers>
        <balance>3295841.31100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3295841.31000000</valUSD>
        <pctVal>1.182363626931</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Shionogi &amp; Co. Ltd.</name>
        <lei>35380049VXDTHZI3DY35</lei>
        <title>Shionogi &amp; Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3347200002"/>
          <other otherDesc="Inhouse Asset ID" value="42784"/>
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        <balance>17600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1046942.25000000</valUSD>
        <pctVal>0.375584356001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Red Electrica Corp. SA</name>
        <lei>5493009HMD0C90GUV498</lei>
        <title>Red Electrica Corp. SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0173093024"/>
          <other otherDesc="Inhouse Asset ID" value="224383"/>
        </identifiers>
        <balance>59587.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1161537.92000000</valUSD>
        <pctVal>0.416694876583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amundi SA</name>
        <lei>96950010FL2T1TJKR531</lei>
        <title>Amundi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004125920"/>
          <other otherDesc="Inhouse Asset ID" value="810883"/>
        </identifiers>
        <balance>12448.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>946992.99000000</valUSD>
        <pctVal>0.339728148602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geberit AG</name>
        <lei>52990093Z5OHD6T7BS47</lei>
        <title>Geberit AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0030170408"/>
          <other otherDesc="Inhouse Asset ID" value="206939"/>
        </identifiers>
        <balance>7374.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>4069612.26000000</valUSD>
        <pctVal>1.459949390567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Galapagos NV</name>
        <lei>549300QKJ78IY0IOV655</lei>
        <title>Galapagos NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003818359"/>
          <other otherDesc="Inhouse Asset ID" value="603941"/>
        </identifiers>
        <balance>7441.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1381829.45000000</valUSD>
        <pctVal>0.495723163413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke Ahold Delhaize NV</name>
        <lei>724500C9GNBV20UYRX36</lei>
        <title>Koninklijke Ahold Delhaize NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011794037"/>
          <other otherDesc="Inhouse Asset ID" value="63142"/>
        </identifiers>
        <balance>227077.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>6539456.60000000</valUSD>
        <pctVal>2.345991477283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZOZO, Inc.</name>
        <lei>549300GC7XPQMZA0OW13</lei>
        <title>ZOZO, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399310006"/>
          <other otherDesc="Inhouse Asset ID" value="446820"/>
        </identifiers>
        <balance>21800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>589642.82000000</valUSD>
        <pctVal>0.211530883217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sartorius Stedim Biotech</name>
        <lei>52990006IVXY7GCSSR39</lei>
        <title>Sartorius Stedim Biotech</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013154002"/>
          <other otherDesc="Inhouse Asset ID" value="326852"/>
        </identifiers>
        <balance>5743.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1796154.78000000</valUSD>
        <pctVal>0.644359931337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FinecoBank Banca Fineco SpA</name>
        <lei>549300L7YCATGO57ZE10</lei>
        <title>FinecoBank Banca Fineco SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000072170"/>
          <other otherDesc="Inhouse Asset ID" value="592350"/>
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        <balance>72252.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1053183.00000000</valUSD>
        <pctVal>0.377823188247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MS&amp;AD Insurance Group Holdings, Inc.</name>
        <lei>529900CXROT5S2HMMP26</lei>
        <title>MS&amp;AD Insurance Group Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3890310000"/>
          <other otherDesc="Inhouse Asset ID" value="416412"/>
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        <balance>32200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
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        <pctVal>0.290240601698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Moncler SpA</name>
        <lei>815600EBD7FB00525B20</lei>
        <title>Moncler SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004965148"/>
          <other otherDesc="Inhouse Asset ID" value="575183"/>
        </identifiers>
        <balance>25739.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
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        <pctVal>0.356962344350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Schneider Electric SE</name>
        <lei>969500A1YF1XUYYXS284</lei>
        <title>Schneider Electric SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121972"/>
          <other otherDesc="Inhouse Asset ID" value="206878"/>
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        <balance>32377.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Endesa SA</name>
        <lei>549300LHK07F2CHV4X31</lei>
        <title>Endesa SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0130670112"/>
          <other otherDesc="Inhouse Asset ID" value="54148"/>
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        <balance>63748.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
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        <pctVal>0.652332254851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nestle SA</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
        <title>Nestle SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0038863350"/>
          <other otherDesc="Inhouse Asset ID" value="7187"/>
        </identifiers>
        <balance>15184.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>1805609.29000000</valUSD>
        <pctVal>0.647751681025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sun Hung Kai Properties Ltd.</name>
        <lei>529900LUMD393RD3S874</lei>
        <title>Sun Hung Kai Properties Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0016000132"/>
          <other otherDesc="Inhouse Asset ID" value="1160"/>
        </identifiers>
        <balance>114500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>1392535.28000000</valUSD>
        <pctVal>0.499563816769</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>Veolia Environnement SA</name>
        <lei>969500LENY69X51OOT31</lei>
        <title>Veolia Environnement SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000124141"/>
          <other otherDesc="Inhouse Asset ID" value="224444"/>
        </identifiers>
        <balance>69273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1586741.96000000</valUSD>
        <pctVal>0.569234317543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CK Hutchison Holdings Ltd.</name>
        <lei>254900Z8HM1VEPOQ2G79</lei>
        <title>CK Hutchison Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG217651051"/>
          <other otherDesc="Inhouse Asset ID" value="599595"/>
        </identifiers>
        <balance>58000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>378730.89000000</valUSD>
        <pctVal>0.135867472554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medipal Holdings Corp.</name>
        <lei>353800PJDODZEA4NP730</lei>
        <title>Medipal Holdings Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3268950007"/>
          <other otherDesc="Inhouse Asset ID" value="263274"/>
        </identifiers>
        <balance>30200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>553019.15000000</valUSD>
        <pctVal>0.198392357657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magellan Financial Group Ltd.</name>
        <lei>549300X5WFW6USQQ9U26</lei>
        <title>Magellan Financial Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MFG4"/>
          <other otherDesc="Inhouse Asset ID" value="567335"/>
        </identifiers>
        <balance>27123.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>1178531.52000000</valUSD>
        <pctVal>0.422791230334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sekisui Chemical Co. Ltd.</name>
        <lei>529900KQIVT7NWFNMI70</lei>
        <title>Sekisui Chemical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3419400001"/>
          <other otherDesc="Inhouse Asset ID" value="42780"/>
        </identifiers>
        <balance>65500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>891518.73000000</valUSD>
        <pctVal>0.319827085085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yangzijiang Shipbuilding Holdings Ltd.</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>Yangzijiang Shipbuilding Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
          <other otherDesc="Inhouse Asset ID" value="405412"/>
        </identifiers>
        <balance>483400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.37385000"/>
        <valUSD>323964.73000000</valUSD>
        <pctVal>0.116220435734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NTT DOCOMO, Inc.</name>
        <lei>353800TVPXCGWDZIIU09</lei>
        <title>NTT DOCOMO, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165650007"/>
          <other otherDesc="Inhouse Asset ID" value="57600"/>
        </identifiers>
        <balance>194700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>5359802.27000000</valUSD>
        <pctVal>1.922797445485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Trend Micro, Inc.</name>
        <lei>3538005O5UJ5RNAGVE16</lei>
        <title>Trend Micro, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3637300009"/>
          <other otherDesc="Inhouse Asset ID" value="212991"/>
        </identifiers>
        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>615755.58000000</valUSD>
        <pctVal>0.220898681821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiheiyo Cement Corp.</name>
        <lei>N/A</lei>
        <title>Taiheiyo Cement Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3449020001"/>
          <other otherDesc="Inhouse Asset ID" value="226153"/>
        </identifiers>
        <balance>25100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>544691.61000000</valUSD>
        <pctVal>0.195404901809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>a2 Milk Co. Ltd.</name>
        <lei>529900PVC9CV0KFA2U62</lei>
        <title>a2 Milk Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZATME0002S8"/>
          <other otherDesc="Inhouse Asset ID" value="562552"/>
        </identifiers>
        <balance>21632.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.50761358"/>
        <valUSD>301483.55000000</valUSD>
        <pctVal>0.108155445032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tosoh Corp.</name>
        <lei>529900YSLFVJF2MDBX02</lei>
        <title>Tosoh Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595200001"/>
          <other otherDesc="Inhouse Asset ID" value="300074"/>
        </identifiers>
        <balance>53900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>723385.05000000</valUSD>
        <pctVal>0.259510119249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bandai Namco Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Bandai Namco Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3778630008"/>
          <other otherDesc="Inhouse Asset ID" value="343217"/>
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        <balance>7800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>430693.71000000</valUSD>
        <pctVal>0.154508827687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Berkeley Group Holdings plc</name>
        <lei>2138009OQSSLVVHQAL78</lei>
        <title>Berkeley Group Holdings plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B02L3W35"/>
          <other otherDesc="Inhouse Asset ID" value="319338"/>
        </identifiers>
        <balance>24409.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1416339.19000000</valUSD>
        <pctVal>0.508103329056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012032048"/>
          <other otherDesc="Inhouse Asset ID" value="7186"/>
        </identifiers>
        <balance>29252.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>10131068.34000000</valUSD>
        <pctVal>3.634461001150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco de Sabadell SA</name>
        <lei>SI5RG2M0WQQLZCXKRM20</lei>
        <title>Banco de Sabadell SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0113860A34"/>
          <other otherDesc="Inhouse Asset ID" value="313859"/>
        </identifiers>
        <balance>1120954.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>384722.82000000</valUSD>
        <pctVal>0.138017042094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Obayashi Corp.</name>
        <lei>529900YT4O5S0LCXWD54</lei>
        <title>Obayashi Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3190000004"/>
          <other otherDesc="Inhouse Asset ID" value="21922"/>
        </identifiers>
        <balance>136900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
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        <pctVal>0.438450449793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Barratt Developments plc</name>
        <lei>2138006R85VEOF5YNK29</lei>
        <title>Barratt Developments plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0000811801"/>
          <other otherDesc="Inhouse Asset ID" value="25189"/>
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        <balance>97346.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
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        <pctVal>0.231994952552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Partners Group Holding AG</name>
        <lei>549300I3IVVWZWDHI788</lei>
        <title>Partners Group Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0024608827"/>
          <other otherDesc="Inhouse Asset ID" value="373561"/>
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        <balance>3744.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
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        <pctVal>1.301036225680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kurita Water Industries Ltd.</name>
        <lei>52990086GS2ON69UMX34</lei>
        <title>Kurita Water Industries Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3270000007"/>
          <other otherDesc="Inhouse Asset ID" value="31958"/>
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        <balance>20000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Next plc</name>
        <lei>213800WQD8ECPZP9PH98</lei>
        <title>Next plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0032089863"/>
          <other otherDesc="Inhouse Asset ID" value="31932"/>
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        <balance>27231.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Recruit Holdings Co. Ltd.</name>
        <lei>353800R2LRSMVVC4I806</lei>
        <title>Recruit Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3970300004"/>
          <other otherDesc="Inhouse Asset ID" value="588726"/>
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        <balance>54800.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1709371.02000000</valUSD>
        <pctVal>0.613226769397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Royal Dutch Shell plc</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Royal Dutch Shell plc, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B03MM408"/>
          <other otherDesc="Inhouse Asset ID" value="339957"/>
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        <balance>231022.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>3242979.18000000</valUSD>
        <pctVal>1.163399649641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jeronimo Martins SGPS SA</name>
        <lei>259400A8SZP10GB5IB19</lei>
        <title>Jeronimo Martins SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTJMT0AE0001"/>
          <other otherDesc="Inhouse Asset ID" value="62624"/>
        </identifiers>
        <balance>37040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>620969.71000000</valUSD>
        <pctVal>0.222769220199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzuken Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Suzuken Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3398000004"/>
          <other otherDesc="Inhouse Asset ID" value="253293"/>
        </identifiers>
        <balance>14600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>519303.73000000</valUSD>
        <pctVal>0.186297149628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kamigumi Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Kamigumi Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3219000001"/>
          <other otherDesc="Inhouse Asset ID" value="252789"/>
        </identifiers>
        <balance>21800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>397828.40000000</valUSD>
        <pctVal>0.142718591606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singapore Exchange Ltd.</name>
        <lei>549300IQ650PPXM76X03</lei>
        <title>Singapore Exchange Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1J26887955"/>
          <other otherDesc="Inhouse Asset ID" value="289100"/>
        </identifiers>
        <balance>166800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.37385000"/>
        <valUSD>995124.78000000</valUSD>
        <pctVal>0.356995144323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Softbank Corp.</name>
        <lei>353800M1YCTS9JRBJ535</lei>
        <title>Softbank Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3732000009"/>
          <other otherDesc="Inhouse Asset ID" value="952472"/>
        </identifiers>
        <balance>75900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1015916.99000000</valUSD>
        <pctVal>0.364454227002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toho Gas Co. Ltd.</name>
        <lei>353800BCVTE4F8012906</lei>
        <title>Toho Gas Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3600200004"/>
          <other otherDesc="Inhouse Asset ID" value="318149"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>327263.04000000</valUSD>
        <pctVal>0.117403684989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Swire Pacific Ltd.</name>
        <lei>549300KZOZHII0DGF611</lei>
        <title>Swire Pacific Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0019000162"/>
          <other otherDesc="Inhouse Asset ID" value="1165"/>
        </identifiers>
        <balance>69500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>342231.34000000</valUSD>
        <pctVal>0.122773474312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Faurecia SE</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>Faurecia SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121147"/>
          <other otherDesc="Inhouse Asset ID" value="317897"/>
        </identifiers>
        <balance>14930.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>576513.88000000</valUSD>
        <pctVal>0.206820953443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3890350006"/>
          <other otherDesc="Inhouse Asset ID" value="263172"/>
        </identifiers>
        <balance>150100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>3999253.31000000</valUSD>
        <pctVal>1.434708532320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daito Trust Construction Co. Ltd.</name>
        <lei>353800QQ4DRI3KXS3038</lei>
        <title>Daito Trust Construction Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3486800000"/>
          <other otherDesc="Inhouse Asset ID" value="21963"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1176222.96000000</valUSD>
        <pctVal>0.421963048052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Ltd.</name>
        <lei>549300T6IPOCDWLKC615</lei>
        <title>Hitachi Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3788600009"/>
          <other otherDesc="Inhouse Asset ID" value="17636"/>
        </identifiers>
        <balance>61200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1833014.56000000</valUSD>
        <pctVal>0.657583159967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hong Kong Exchanges &amp; Clearing Ltd.</name>
        <lei>213800YTVSXYQN17BW16</lei>
        <title>Hong Kong Exchanges &amp; Clearing Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0388045442"/>
          <other otherDesc="Inhouse Asset ID" value="206871"/>
        </identifiers>
        <balance>121100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>5765990.47000000</valUSD>
        <pctVal>2.068515066025</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>Challenger Ltd.</name>
        <lei>529900ACCCAOHJ2V3169</lei>
        <title>Challenger Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CGF5"/>
          <other otherDesc="Inhouse Asset ID" value="316524"/>
        </identifiers>
        <balance>85172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>262667.52000000</valUSD>
        <pctVal>0.094230423255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Burberry Group plc</name>
        <lei>213800PE1KEFCNFR1R50</lei>
        <title>Burberry Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031743007"/>
          <other otherDesc="Inhouse Asset ID" value="253761"/>
        </identifiers>
        <balance>37832.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>616473.47000000</valUSD>
        <pctVal>0.221156220624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orion OYJ</name>
        <lei>74370029VAHCXDR7B745</lei>
        <title>Orion OYJ, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009014377"/>
          <other otherDesc="Inhouse Asset ID" value="365341"/>
        </identifiers>
        <balance>8801.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>383946.71000000</valUSD>
        <pctVal>0.137738617210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peugeot SA</name>
        <lei>969500TZ5950IT5FPQ42</lei>
        <title>Peugeot SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121501"/>
          <other otherDesc="Inhouse Asset ID" value="54173"/>
        </identifiers>
        <balance>119364.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1918578.77000000</valUSD>
        <pctVal>0.688278815539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sundrug Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sundrug Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3336600006"/>
          <other otherDesc="Inhouse Asset ID" value="314431"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>360693.84000000</valUSD>
        <pctVal>0.129396787272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto plc</name>
        <lei>213800YOEO5OQ72G2R82</lei>
        <title>Rio Tinto plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007188757"/>
          <other otherDesc="Inhouse Asset ID" value="8338"/>
        </identifiers>
        <balance>38921.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>2369389.24000000</valUSD>
        <pctVal>0.850004412202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEC Corp.</name>
        <lei>5493000QYMPFRTEY4K28</lei>
        <title>NEC Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3733000008"/>
          <other otherDesc="Inhouse Asset ID" value="7171"/>
        </identifiers>
        <balance>17400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>974752.86000000</valUSD>
        <pctVal>0.349686838202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Atlas Copco AB</name>
        <lei>213800T8PC8Q4FYJZR07</lei>
        <title>Atlas Copco AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011166628"/>
          <other otherDesc="Inhouse Asset ID" value="60267"/>
        </identifiers>
        <balance>34002.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>1316163.27000000</valUSD>
        <pctVal>0.472165808720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Taylor Wimpey plc</name>
        <lei>21380089BTRXTD8S3R66</lei>
        <title>Taylor Wimpey plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008782301"/>
          <other otherDesc="Inhouse Asset ID" value="8729"/>
        </identifiers>
        <balance>443531.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>684210.75000000</valUSD>
        <pctVal>0.245456570224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ubisoft Entertainment SA</name>
        <lei>969500I7C8V1LBIMSM05</lei>
        <title>Ubisoft Entertainment SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000054470"/>
          <other otherDesc="Inhouse Asset ID" value="279905"/>
        </identifiers>
        <balance>7386.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>616844.02000000</valUSD>
        <pctVal>0.221289153250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Holdings, Inc.</name>
        <lei>549300B3CEAHYG7K8164</lei>
        <title>Nomura Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762600009"/>
          <other otherDesc="Inhouse Asset ID" value="219582"/>
        </identifiers>
        <balance>232200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1092670.17000000</valUSD>
        <pctVal>0.391988977540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ComfortDelGro Corp. Ltd.</name>
        <lei>2549005O5PVA2JCH6Q33</lei>
        <title>ComfortDelGro Corp. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1N31909426"/>
          <other otherDesc="Inhouse Asset ID" value="275520"/>
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        <balance>491300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.37385000"/>
        <valUSD>488857.18000000</valUSD>
        <pctVal>0.175374629428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOTAL SE</name>
        <lei>529900S21EQ1BO4ESM68</lei>
        <title>TOTAL SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120271"/>
          <other otherDesc="Inhouse Asset ID" value="54200"/>
        </identifiers>
        <balance>104189.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>3942561.37000000</valUSD>
        <pctVal>1.414370633285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Advantest Corp.</name>
        <lei>353800EMK32PDKS9XR54</lei>
        <title>Advantest Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3122400009"/>
          <other otherDesc="Inhouse Asset ID" value="184691"/>
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        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>791612.19000000</valUSD>
        <pctVal>0.283986203234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fiat Chrysler Automobiles NV</name>
        <lei>549300LKT9PW7ZIBDF31</lei>
        <title>Fiat Chrysler Automobiles NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010877643"/>
          <other otherDesc="Inhouse Asset ID" value="590493"/>
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        <balance>170214.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
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        <pctVal>0.620740259207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SKF AB</name>
        <lei>549300B6HWYEE57O8J84</lei>
        <title>SKF AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000108227"/>
          <other otherDesc="Inhouse Asset ID" value="6262"/>
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        <balance>73388.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>1358821.14000000</valUSD>
        <pctVal>0.487469067933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aroundtown SA</name>
        <lei>529900H4DWG3KWMBMQ39</lei>
        <title>Aroundtown SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU1673108939"/>
          <other otherDesc="Inhouse Asset ID" value="822286"/>
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        <balance>177464.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1068522.80000000</valUSD>
        <pctVal>0.383326251004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003132476"/>
          <other otherDesc="Inhouse Asset ID" value="182568"/>
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        <balance>45687.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>406936.56000000</valUSD>
        <pctVal>0.145986090274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Industria de Diseno Textil SA</name>
        <lei>549300TTCXZOGZM2EY83</lei>
        <title>Industria de Diseno Textil SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0148396007"/>
          <other otherDesc="Inhouse Asset ID" value="209668"/>
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        <balance>118120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>3129664.77000000</valUSD>
        <pctVal>1.122748773525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Essity AB</name>
        <lei>549300G8E6YUVJ1DA153</lei>
        <title>Essity AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009922164"/>
          <other otherDesc="Inhouse Asset ID" value="809367"/>
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        <balance>44968.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>1483912.81000000</valUSD>
        <pctVal>0.532344966597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Neste OYJ</name>
        <lei>5493009GY1X8GQ66AM14</lei>
        <title>Neste OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009013296"/>
          <other otherDesc="Inhouse Asset ID" value="330397"/>
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        <balance>37489.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1721780.29000000</valUSD>
        <pctVal>0.617678521804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Epiroc AB</name>
        <lei>5493004Q73OEYW1SPE91</lei>
        <title>Epiroc AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011166941"/>
          <other otherDesc="Inhouse Asset ID" value="877107"/>
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        <balance>84053.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>1144583.63000000</valUSD>
        <pctVal>0.410612625064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Telekom AG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>Deutsche Telekom AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005557508"/>
          <other otherDesc="Inhouse Asset ID" value="181859"/>
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        <balance>225168.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>3758804.01000000</valUSD>
        <pctVal>1.348448764418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nomura Research Institute Ltd.</name>
        <lei>5299005F1HCVF4M4QN79</lei>
        <title>Nomura Research Institute Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762800005"/>
          <other otherDesc="Inhouse Asset ID" value="224555"/>
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        <balance>66300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Randstad NV</name>
        <lei>7245009EAAUUQJ0U4T57</lei>
        <title>Randstad NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000379121"/>
          <other otherDesc="Inhouse Asset ID" value="205009"/>
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        <balance>23896.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anheuser-Busch InBev SA</name>
        <lei>5493008H3828EMEXB082</lei>
        <title>Anheuser-Busch InBev SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974293251"/>
          <other otherDesc="Inhouse Asset ID" value="647784"/>
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        <balance>5503.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Covestro AG</name>
        <lei>3912005AWHKLQ1CPLV11</lei>
        <title>Covestro AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006062144"/>
          <other otherDesc="Inhouse Asset ID" value="800980"/>
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        <balance>25828.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Unilever plc</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>Unilever plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB00B10RZP78"/>
          <other otherDesc="Inhouse Asset ID" value="3019"/>
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        <balance>25371.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan Post Insurance Co. Ltd.</name>
        <lei>54930042SK2Z708BA841</lei>
        <title>Japan Post Insurance Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3233250004"/>
          <other otherDesc="Inhouse Asset ID" value="617454"/>
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        <balance>47100.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kuehne + Nagel International AG</name>
        <lei>529900Q0YED3805QXQ66</lei>
        <title>Kuehne + Nagel International AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0025238863"/>
          <other otherDesc="Inhouse Asset ID" value="206956"/>
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        <balance>10797.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Nitori Holdings Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Nitori Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3756100008"/>
          <other otherDesc="Inhouse Asset ID" value="252240"/>
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        <balance>1500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Ireland Group plc</name>
        <lei>635400C8EK6DRI12LJ39</lei>
        <title>Bank of Ireland Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BD1RP616"/>
          <other otherDesc="Inhouse Asset ID" value="811063"/>
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        <balance>149355.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto Ltd.</name>
        <lei>529900X2VMAQT2PE0V24</lei>
        <title>Rio Tinto Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RIO1"/>
          <other otherDesc="Inhouse Asset ID" value="21881"/>
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        <balance>47220.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>3456452.10000000</valUSD>
        <pctVal>1.239981800359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kingspan Group plc</name>
        <lei>635400HM7V74SUB9OG75</lei>
        <title>Kingspan Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0004927939"/>
          <other otherDesc="Inhouse Asset ID" value="816831"/>
        </identifiers>
        <balance>12427.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>891437.31000000</valUSD>
        <pctVal>0.319797876140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equinor ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>Equinor ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010096985"/>
          <other otherDesc="Inhouse Asset ID" value="211245"/>
        </identifiers>
        <balance>38837.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.10560000"/>
        <valUSD>582048.98000000</valUSD>
        <pctVal>0.208806637915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nice Ltd.</name>
        <lei>254900YTY4EF5Z4W0A51</lei>
        <title>Nice Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002730112"/>
          <other otherDesc="Inhouse Asset ID" value="62619"/>
        </identifiers>
        <balance>3346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.40390000"/>
        <valUSD>687435.49000000</valUSD>
        <pctVal>0.246613426675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ampol Ltd.</name>
        <lei>5493009TD1CGVRZ27U11</lei>
        <title>Ampol Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000088338"/>
          <other otherDesc="Inhouse Asset ID" value="52389"/>
        </identifiers>
        <balance>50620.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>949006.07000000</valUSD>
        <pctVal>0.340450329177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Airlines Co. Ltd.</name>
        <lei>3538002MH5L1QZZ93477</lei>
        <title>Japan Airlines Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3705200008"/>
          <other otherDesc="Inhouse Asset ID" value="530064"/>
        </identifiers>
        <balance>23700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>383602.37000000</valUSD>
        <pctVal>0.137615087266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bayer AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>Bayer AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000BAY0017"/>
          <other otherDesc="Inhouse Asset ID" value="54437"/>
        </identifiers>
        <balance>10640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>706792.10000000</valUSD>
        <pctVal>0.253557496323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinsei Bank Ltd.</name>
        <lei>549300PZYOQ2NW83V760</lei>
        <title>Shinsei Bank Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3729000004"/>
          <other otherDesc="Inhouse Asset ID" value="296068"/>
        </identifiers>
        <balance>40100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>452977.28000000</valUSD>
        <pctVal>0.162502926968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kone OYJ</name>
        <lei>2138001CNF45JP5XZK38</lei>
        <title>Kone OYJ, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009013403"/>
          <other otherDesc="Inhouse Asset ID" value="335946"/>
        </identifiers>
        <balance>31283.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>2483932.05000000</valUSD>
        <pctVal>0.891095969572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBC Group NV</name>
        <lei>213800X3Q9LSAKRUWY91</lei>
        <title>KBC Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003565737"/>
          <other otherDesc="Inhouse Asset ID" value="193937"/>
        </identifiers>
        <balance>14764.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>841718.05000000</valUSD>
        <pctVal>0.301961384922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Lufthansa AG</name>
        <lei>529900PH63HYJ86ASW55</lei>
        <title>Deutsche Lufthansa AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008232125"/>
          <other otherDesc="Inhouse Asset ID" value="358312"/>
        </identifiers>
        <balance>33213.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>291368.23000000</valUSD>
        <pctVal>0.104526633655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KDDI Corp.</name>
        <lei>5299003FU7V4I45FU310</lei>
        <title>KDDI Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3496400007"/>
          <other otherDesc="Inhouse Asset ID" value="31960"/>
        </identifiers>
        <balance>160300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>5096648.66000000</valUSD>
        <pctVal>1.828392640310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Exchange Group, Inc.</name>
        <lei>353800578ADEGIJTVW07</lei>
        <title>Japan Exchange Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3183200009"/>
          <other otherDesc="Inhouse Asset ID" value="301148"/>
        </identifiers>
        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>313416.80000000</valUSD>
        <pctVal>0.112436428072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>Novo Nordisk A/S, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060534915"/>
          <other otherDesc="Inhouse Asset ID" value="203786"/>
        </identifiers>
        <balance>75373.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.32215000"/>
        <valUSD>4945066.20000000</valUSD>
        <pctVal>1.774013327010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kakaku.com, Inc.</name>
        <lei>353800KA15Y0DCPWYY65</lei>
        <title>Kakaku.com, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3206000006"/>
          <other otherDesc="Inhouse Asset ID" value="287869"/>
        </identifiers>
        <balance>28700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>692866.29000000</valUSD>
        <pctVal>0.248561694137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Admiral Group plc</name>
        <lei>213800FGVM7Z9EJB2685</lei>
        <title>Admiral Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B02J6398"/>
          <other otherDesc="Inhouse Asset ID" value="319099"/>
        </identifiers>
        <balance>39746.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1239562.99000000</valUSD>
        <pctVal>0.444685910155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zalando SE</name>
        <lei>529900YRFFGH5AXU4S86</lei>
        <title>Zalando SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000ZAL1111"/>
          <other otherDesc="Inhouse Asset ID" value="588577"/>
        </identifiers>
        <balance>11661.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>841738.83000000</valUSD>
        <pctVal>0.301968839624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGL Energy Ltd.</name>
        <lei>549300QAZ8A74DEDXO80</lei>
        <title>AGL Energy Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AGL7"/>
          <other otherDesc="Inhouse Asset ID" value="372525"/>
        </identifiers>
        <balance>140074.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>1659473.94000000</valUSD>
        <pctVal>0.595326486303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adecco Group AG</name>
        <lei>NI14Y5UMU60O7JE9P611</lei>
        <title>Adecco Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012138605"/>
          <other otherDesc="Inhouse Asset ID" value="61298"/>
        </identifiers>
        <balance>30643.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>1447921.08000000</valUSD>
        <pctVal>0.519433145784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Persol Holdings Co. Ltd.</name>
        <lei>3538000H6OI725NB2008</lei>
        <title>Persol Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3547670004"/>
          <other otherDesc="Inhouse Asset ID" value="432114"/>
        </identifiers>
        <balance>34700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>438647.84000000</valUSD>
        <pctVal>0.157362324901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>M&amp;G plc</name>
        <lei>254900TWUJUQ44TQJY84</lei>
        <title>M&amp;G plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BKFB1C65"/>
          <other otherDesc="Inhouse Asset ID" value="1016622"/>
        </identifiers>
        <balance>538173.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1126452.89000000</valUSD>
        <pctVal>0.404108329047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oracle Corp. Japan</name>
        <lei>529900MIMKY9RU60Z323</lei>
        <title>Oracle Corp. Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3689500001"/>
          <other otherDesc="Inhouse Asset ID" value="260405"/>
        </identifiers>
        <balance>7600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>915427.72000000</valUSD>
        <pctVal>0.328404294202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orkla ASA</name>
        <lei>549300PZS8G8RG6RVZ52</lei>
        <title>Orkla ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003733800"/>
          <other otherDesc="Inhouse Asset ID" value="177826"/>
        </identifiers>
        <balance>41191.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.10560000"/>
        <valUSD>404981.13000000</valUSD>
        <pctVal>0.145284591297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WH Group Ltd.</name>
        <lei>254900A4AYEDRWYSE928</lei>
        <title>WH Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG960071028"/>
          <other otherDesc="Inhouse Asset ID" value="582866"/>
        </identifiers>
        <balance>2066000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>1839078.15000000</valUSD>
        <pctVal>0.659758437109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pandora A/S</name>
        <lei>5299007OWYZ6I1E46843</lei>
        <title>Pandora A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060252690"/>
          <other otherDesc="Inhouse Asset ID" value="490761"/>
        </identifiers>
        <balance>20659.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.32215000"/>
        <valUSD>1313845.71000000</valUSD>
        <pctVal>0.471334397742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSL Ltd.</name>
        <lei>529900ECSECK5ZDQTE14</lei>
        <title>CSL Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CSL8"/>
          <other otherDesc="Inhouse Asset ID" value="236873"/>
        </identifiers>
        <balance>22567.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>4389957.23000000</valUSD>
        <pctVal>1.574871258755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>adidas AG</name>
        <lei>549300JSX0Z4CW0V5023</lei>
        <title>adidas AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1EWWW0"/>
          <other otherDesc="Inhouse Asset ID" value="59218"/>
        </identifiers>
        <balance>3659.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1008983.00000000</valUSD>
        <pctVal>0.361966698995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Heavy Industries Ltd.</name>
        <lei>353800VSTEIRMBC3S374</lei>
        <title>Sumitomo Heavy Industries Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3405400007"/>
          <other otherDesc="Inhouse Asset ID" value="178750"/>
        </identifiers>
        <balance>22700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>442269.26000000</valUSD>
        <pctVal>0.158661487962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hargreaves Lansdown plc</name>
        <lei>2138008ZCE93ZDSESG90</lei>
        <title>Hargreaves Lansdown plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1VZ0M25"/>
          <other otherDesc="Inhouse Asset ID" value="400789"/>
        </identifiers>
        <balance>60886.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1381897.41000000</valUSD>
        <pctVal>0.495747543662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujitsu Ltd.</name>
        <lei>3538000246DHJLRTUZ24</lei>
        <title>Fujitsu Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3818000006"/>
          <other otherDesc="Inhouse Asset ID" value="42752"/>
        </identifiers>
        <balance>39200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>5248194.59000000</valUSD>
        <pctVal>1.882758848688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Telegraph &amp; Telephone Corp.</name>
        <lei>353800VHQU5VIXVUA841</lei>
        <title>Nippon Telegraph &amp; Telephone Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3735400008"/>
          <other otherDesc="Inhouse Asset ID" value="27591"/>
        </identifiers>
        <balance>98200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>2279150.16000000</valUSD>
        <pctVal>0.817631674596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cie Generale des Etablissements Michelin SCA</name>
        <lei>549300SOSI58J6VIW052</lei>
        <title>Cie Generale des Etablissements Michelin SCA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121261"/>
          <other otherDesc="Inhouse Asset ID" value="55715"/>
        </identifiers>
        <balance>12193.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1262674.12000000</valUSD>
        <pctVal>0.452976891704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Link REIT</name>
        <lei>529900XUE70U36QX5M62</lei>
        <title>Link REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0823032773"/>
          <other otherDesc="Inhouse Asset ID" value="322384"/>
        </identifiers>
        <balance>53700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>416665.07000000</valUSD>
        <pctVal>0.149476135846</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>FUCHS PETROLUB SE</name>
        <lei>529900SNF9E1P5ZO4P98</lei>
        <title>FUCHS PETROLUB SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005790430"/>
          <other otherDesc="Inhouse Asset ID" value="316954"/>
        </identifiers>
        <balance>14973.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>653783.39000000</valUSD>
        <pctVal>0.234540934323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amada Co. Ltd.</name>
        <lei>529900QF5O6TQGCPDX85</lei>
        <title>Amada Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3122800000"/>
          <other otherDesc="Inhouse Asset ID" value="268060"/>
        </identifiers>
        <balance>67600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>454258.10000000</valUSD>
        <pctVal>0.162962413587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Calbee, Inc.</name>
        <lei>529900CIHZID6O8LJH81</lei>
        <title>Calbee, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3220580009"/>
          <other otherDesc="Inhouse Asset ID" value="501660"/>
        </identifiers>
        <balance>16600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>527454.25000000</valUSD>
        <pctVal>0.189221100596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AIA Group Ltd.</name>
        <lei>ZP5ILWVSYE4LJGMMVD57</lei>
        <title>AIA Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000069689"/>
          <other otherDesc="Inhouse Asset ID" value="479386"/>
        </identifiers>
        <balance>133800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>1206474.82000000</valUSD>
        <pctVal>0.432815724364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Natixis SA</name>
        <lei>KX1WK48MPD4Y2NCUIZ63</lei>
        <title>Natixis SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120685"/>
          <other otherDesc="Inhouse Asset ID" value="50232"/>
        </identifiers>
        <balance>187274.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>458031.81000000</valUSD>
        <pctVal>0.164316209787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Otsuka Corp.</name>
        <lei>529900RG9DJ58J3UIE72</lei>
        <title>Otsuka Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3188200004"/>
          <other otherDesc="Inhouse Asset ID" value="302453"/>
        </identifiers>
        <balance>20900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1089607.66000000</valUSD>
        <pctVal>0.390890320144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Boerse AG</name>
        <lei>529900G3SW56SHYNPR95</lei>
        <title>Deutsche Boerse AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005810055"/>
          <other otherDesc="Inhouse Asset ID" value="202054"/>
        </identifiers>
        <balance>2120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>385688.23000000</valUSD>
        <pctVal>0.138363377236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NN Group NV</name>
        <lei>724500OHYNDT9OY6Q215</lei>
        <title>NN Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010773842"/>
          <other otherDesc="Inhouse Asset ID" value="579238"/>
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        <balance>8705.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>318594.27000000</valUSD>
        <pctVal>0.114293814891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAP SE</name>
        <lei>529900D6BF99LW9R2E68</lei>
        <title>SAP SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007164600"/>
          <other otherDesc="Inhouse Asset ID" value="54485"/>
        </identifiers>
        <balance>3335.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>526396.14000000</valUSD>
        <pctVal>0.188841509876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sekisui House Ltd.</name>
        <lei>529900GMNDOYQSAJAE76</lei>
        <title>Sekisui House Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3420600003"/>
          <other otherDesc="Inhouse Asset ID" value="18067"/>
        </identifiers>
        <balance>127600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>2330236.25000000</valUSD>
        <pctVal>0.835958508013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Direct Line Insurance Group plc</name>
        <lei>213800FF2R23ALJQOP04</lei>
        <title>Direct Line Insurance Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BY9D0Y18"/>
          <other otherDesc="Inhouse Asset ID" value="530977"/>
        </identifiers>
        <balance>300524.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1163022.56000000</valUSD>
        <pctVal>0.417227482425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
        <title>Swisscom AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0008742519"/>
          <other otherDesc="Inhouse Asset ID" value="57011"/>
        </identifiers>
        <balance>2114.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>1123667.67000000</valUSD>
        <pctVal>0.403109147802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNP Assurances</name>
        <lei>969500QKVPV2H8UXM738</lei>
        <title>CNP Assurances</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120222"/>
          <other otherDesc="Inhouse Asset ID" value="302187"/>
        </identifiers>
        <balance>34008.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>413022.35000000</valUSD>
        <pctVal>0.148169331535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shin-Etsu Chemical Co. Ltd.</name>
        <lei>353800PX8Q64N86H5W41</lei>
        <title>Shin-Etsu Chemical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3371200001"/>
          <other otherDesc="Inhouse Asset ID" value="40615"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>257460.97000000</valUSD>
        <pctVal>0.092362604157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fortescue Metals Group Ltd.</name>
        <lei>529900VEJFORCO6I4826</lei>
        <title>Fortescue Metals Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000FMG4"/>
          <other otherDesc="Inhouse Asset ID" value="348989"/>
        </identifiers>
        <balance>300568.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>3741756.91000000</valUSD>
        <pctVal>1.342333217859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atlas Copco AB</name>
        <lei>213800T8PC8Q4FYJZR07</lei>
        <title>Atlas Copco AB, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011166610"/>
          <other otherDesc="Inhouse Asset ID" value="37018"/>
        </identifiers>
        <balance>54224.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>2407439.67000000</valUSD>
        <pctVal>0.863654779495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenaris SA</name>
        <lei>549300Y7C05BKC4HZB40</lei>
        <title>Tenaris SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0156801721"/>
          <other otherDesc="Inhouse Asset ID" value="349268"/>
        </identifiers>
        <balance>95659.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>563724.71000000</valUSD>
        <pctVal>0.202232914152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RELX plc</name>
        <lei>549300WSX3VBUFFJOO66</lei>
        <title>RELX plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B2B0DG97"/>
          <other otherDesc="Inhouse Asset ID" value="62390"/>
        </identifiers>
        <balance>181112.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>3813093.33000000</valUSD>
        <pctVal>1.367924737701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chugai Pharmaceutical Co. Ltd.</name>
        <lei>529900T9LAII161DCN95</lei>
        <title>Chugai Pharmaceutical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3519400000"/>
          <other otherDesc="Inhouse Asset ID" value="42739"/>
        </identifiers>
        <balance>18600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>839696.62000000</valUSD>
        <pctVal>0.301236208834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telefonica SA</name>
        <lei>549300EEJH4FEPDBBR25</lei>
        <title>Telefonica SA</title>
        <cusip>879382109</cusip>
        <identifiers>
          <isin value="ES0178430E18"/>
          <other otherDesc="Inhouse Asset ID" value="54139"/>
        </identifiers>
        <balance>134459.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>563068.52000000</valUSD>
        <pctVal>0.201997509861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Electron Ltd.</name>
        <lei>549300H5LSF8DP3RIJ34</lei>
        <title>Tokyo Electron Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3571400005"/>
          <other otherDesc="Inhouse Asset ID" value="25093"/>
        </identifiers>
        <balance>16400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>4537735.04000000</valUSD>
        <pctVal>1.627885676313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SGS SA</name>
        <lei>2138007JNS19JHNA2336</lei>
        <title>SGS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0002497458"/>
          <other otherDesc="Inhouse Asset ID" value="32510"/>
        </identifiers>
        <balance>1273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>3333622.41000000</valUSD>
        <pctVal>1.195917373676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kerry Properties Ltd.</name>
        <lei>5299006T5ULIIRZ7LK49</lei>
        <title>Kerry Properties Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG524401079"/>
          <other otherDesc="Inhouse Asset ID" value="222307"/>
        </identifiers>
        <balance>132500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75025000"/>
        <valUSD>315299.52000000</valUSD>
        <pctVal>0.113111842765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0244767585"/>
          <other otherDesc="Inhouse Asset ID" value="591821"/>
        </identifiers>
        <balance>23159.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>272816.21000000</valUSD>
        <pctVal>0.097871205923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapitaLand Mall Trust</name>
        <lei>54930031292WUTXF0L29</lei>
        <title>CapitaLand Mall Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1M51904654"/>
          <other otherDesc="Inhouse Asset ID" value="281886"/>
        </identifiers>
        <balance>185700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.37385000"/>
        <valUSD>256688.26000000</valUSD>
        <pctVal>0.092085399003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHP Group plc</name>
        <lei>549300C116EOWV835768</lei>
        <title>BHP Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BH0P3Z91"/>
          <other otherDesc="Inhouse Asset ID" value="212923"/>
        </identifiers>
        <balance>74531.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1611738.74000000</valUSD>
        <pctVal>0.578201764906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seven &amp; i Holdings Co. Ltd.</name>
        <lei>52990037G8JRM3TWGY86</lei>
        <title>Seven &amp; i Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3422950000"/>
          <other otherDesc="Inhouse Asset ID" value="341346"/>
        </identifiers>
        <balance>42800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1293273.75000000</valUSD>
        <pctVal>0.463954328452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoya Corp.</name>
        <lei>353800X4VR3BHEUCJB42</lei>
        <title>Hoya Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3837800006"/>
          <other otherDesc="Inhouse Asset ID" value="190606"/>
        </identifiers>
        <balance>25100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>2475115.74000000</valUSD>
        <pctVal>0.887933170369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Persimmon plc</name>
        <lei>213800XI72Y57UWN6F31</lei>
        <title>Persimmon plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006825383"/>
          <other otherDesc="Inhouse Asset ID" value="10532"/>
        </identifiers>
        <balance>44702.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1395713.13000000</valUSD>
        <pctVal>0.500703851710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goodman Group</name>
        <lei>N/A</lei>
        <title>Goodman Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GMG2"/>
          <other otherDesc="Inhouse Asset ID" value="327078"/>
        </identifiers>
        <balance>37509.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>456120.77000000</valUSD>
        <pctVal>0.163630635461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Epiroc AB</name>
        <lei>5493004Q73OEYW1SPE91</lei>
        <title>Epiroc AB, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011166933"/>
          <other otherDesc="Inhouse Asset ID" value="877106"/>
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        <balance>46520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.77900000"/>
        <valUSD>650544.94000000</valUSD>
        <pctVal>0.233379159490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gecina SA</name>
        <lei>9695003E4MMA10IBTR26</lei>
        <title>Gecina SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010040865"/>
          <other otherDesc="Inhouse Asset ID" value="206251"/>
        </identifiers>
        <balance>9012.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1168957.22000000</valUSD>
        <pctVal>0.419356506690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sanofi</name>
        <lei>549300E9PC51EN656011</lei>
        <title>Sanofi</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120578"/>
          <other otherDesc="Inhouse Asset ID" value="198957"/>
        </identifiers>
        <balance>18459.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1937976.00000000</valUSD>
        <pctVal>0.695237457372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Coloplast A/S</name>
        <lei>529900NN7SOJ5QG82X67</lei>
        <title>Coloplast A/S, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060448595"/>
          <other otherDesc="Inhouse Asset ID" value="204861"/>
        </identifiers>
        <balance>18064.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.32215000"/>
        <valUSD>3083256.04000000</valUSD>
        <pctVal>1.106099915415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011821202"/>
          <other otherDesc="Inhouse Asset ID" value="641059"/>
        </identifiers>
        <balance>372316.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>2595895.62000000</valUSD>
        <pctVal>0.931262239807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evraz plc</name>
        <lei>5493005B7DAN39RXLK23</lei>
        <title>Evraz plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B71N6K86"/>
          <other otherDesc="Inhouse Asset ID" value="506565"/>
        </identifiers>
        <balance>101046.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>374197.68000000</valUSD>
        <pctVal>0.134241210209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Astellas Pharma, Inc.</name>
        <lei>529900IB708DY2HBBB35</lei>
        <title>Astellas Pharma, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3942400007"/>
          <other otherDesc="Inhouse Asset ID" value="21944"/>
        </identifiers>
        <balance>138600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>2161673.84000000</valUSD>
        <pctVal>0.775487737820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wolters Kluwer NV</name>
        <lei>724500TEM53I0U077B74</lei>
        <title>Wolters Kluwer NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000395903"/>
          <other otherDesc="Inhouse Asset ID" value="54582"/>
        </identifiers>
        <balance>55774.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>4392261.13000000</valUSD>
        <pctVal>1.575697769289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allianz SE</name>
        <lei>529900K9B0N5BT694847</lei>
        <title>Allianz SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008404005"/>
          <other otherDesc="Inhouse Asset ID" value="206567"/>
        </identifiers>
        <balance>9505.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>1971875.12000000</valUSD>
        <pctVal>0.707398566692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Electric Corp.</name>
        <lei>549300TRXM9Y6561AX39</lei>
        <title>Mitsubishi Electric Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3902400005"/>
          <other otherDesc="Inhouse Asset ID" value="31948"/>
        </identifiers>
        <balance>269800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>3521656.39000000</valUSD>
        <pctVal>1.263373454739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medibank Pvt Ltd.</name>
        <lei>BDYVSUPTML83OLINBJ17</lei>
        <title>Medibank Pvt Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MPL3"/>
          <other otherDesc="Inhouse Asset ID" value="592213"/>
        </identifiers>
        <balance>148233.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39948219"/>
        <valUSD>296076.92000000</valUSD>
        <pctVal>0.106215848414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Check Point Software Technologies Ltd.</name>
        <lei>2549003ZVBH73EPNS513</lei>
        <title>Check Point Software Technologies Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010824113"/>
          <other otherDesc="Inhouse Asset ID" value="39926"/>
        </identifiers>
        <balance>23600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2958260.00000000</valUSD>
        <pctVal>1.061258323449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Proximus SADP</name>
        <lei>549300CWRXC5EP004533</lei>
        <title>Proximus SADP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003810273"/>
          <other otherDesc="Inhouse Asset ID" value="300562"/>
        </identifiers>
        <balance>30889.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>635363.87000000</valUSD>
        <pctVal>0.227933040184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aviva plc</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>Aviva plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002162385"/>
          <other otherDesc="Inhouse Asset ID" value="31933"/>
        </identifiers>
        <balance>495895.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>1705540.20000000</valUSD>
        <pctVal>0.611852485321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitto Denko Corp.</name>
        <lei>3538009GX5P09USH2J25</lei>
        <title>Nitto Denko Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3684000007"/>
          <other otherDesc="Inhouse Asset ID" value="185379"/>
        </identifiers>
        <balance>32700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1853276.06000000</valUSD>
        <pctVal>0.664851853564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Securities Group, Inc.</name>
        <lei>353800WRC7Y23PWFJG38</lei>
        <title>Daiwa Securities Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3502200003"/>
          <other otherDesc="Inhouse Asset ID" value="7167"/>
        </identifiers>
        <balance>167100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>741894.02000000</valUSD>
        <pctVal>0.266150103047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>3i Group plc</name>
        <lei>35GDVHRBMFE7NWATNM84</lei>
        <title>3i Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1YW4409"/>
          <other otherDesc="Inhouse Asset ID" value="206036"/>
        </identifiers>
        <balance>206622.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>2378500.73000000</valUSD>
        <pctVal>0.853273105489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIX Corp.</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3200450009"/>
          <other otherDesc="Inhouse Asset ID" value="62865"/>
        </identifiers>
        <balance>231900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>2507789.24000000</valUSD>
        <pctVal>0.899654595744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unilever NV</name>
        <lei>549300TK7G7NZTVM1Z30</lei>
        <title>Unilever NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000388619"/>
          <other otherDesc="Inhouse Asset ID" value="54576"/>
        </identifiers>
        <balance>14741.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>870975.99000000</valUSD>
        <pctVal>0.312457498297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANDRITZ AG</name>
        <lei>549300VZKC61IR5U8G96</lei>
        <title>ANDRITZ AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000730007"/>
          <other otherDesc="Inhouse Asset ID" value="276705"/>
        </identifiers>
        <balance>15206.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84900454"/>
        <valUSD>510488.08000000</valUSD>
        <pctVal>0.183134587197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMS-Chemie Holding AG</name>
        <lei>529900G1XFTGSE0DIX60</lei>
        <title>EMS-Chemie Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0016440353"/>
          <other otherDesc="Inhouse Asset ID" value="319934"/>
        </identifiers>
        <balance>1693.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>1461944.43000000</valUSD>
        <pctVal>0.524463939869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novartis AG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
        <title>Novartis AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012005267"/>
          <other otherDesc="Inhouse Asset ID" value="43630"/>
        </identifiers>
        <balance>60061.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.91460000"/>
        <valUSD>4946790.96000000</valUSD>
        <pctVal>1.774632074485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamazaki Baking Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Yamazaki Baking Co. Ltd.</title>
        <cusip>984632109</cusip>
        <identifiers>
          <isin value="JP3935600001"/>
          <other otherDesc="Inhouse Asset ID" value="21946"/>
        </identifiers>
        <balance>30400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>510070.75000000</valUSD>
        <pctVal>0.182984872521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Segro plc</name>
        <lei>213800XC35KGM9NFC641</lei>
        <title>Segro plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B5ZN1N88"/>
          <other otherDesc="Inhouse Asset ID" value="183802"/>
        </identifiers>
        <balance>193109.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.76388360"/>
        <valUSD>2445766.49000000</valUSD>
        <pctVal>0.877404300070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Gas Co. Ltd.</name>
        <lei>353800678EIJLOQSWZ83</lei>
        <title>Tokyo Gas Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3573000001"/>
          <other otherDesc="Inhouse Asset ID" value="46551"/>
        </identifiers>
        <balance>76200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="105.86500000"/>
        <valUSD>1617733.60000000</valUSD>
        <pctVal>0.580352385566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Fund Allocator Series</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
