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        <name>Asahi Kasei Corp.</name>
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        <name>Deutsche Lufthansa AG</name>
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        <name>Ebara Corp.</name>
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        <name>ALS Ltd.</name>
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        <name>Screen Holdings Co Ltd.</name>
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        <name>Amada Co Ltd</name>
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        <name>Suncorp Group Ltd.</name>
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        <name>Yokogawa Electric Corporation</name>
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        <name>BE Semiconductor Industries NV</name>
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        <name>Toyo Tire Corp.</name>
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        <name>Lifco AB</name>
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        <name>Eurofins Scientific SE</name>
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        <name>Viscofan SA</name>
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        <name>Sembcorp Industries Ltd.</name>
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        <name>Acea S.p.A</name>
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        <name>COSMOS PHARMACEUTICAL CORP</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Asahi Intecc Co Ltd.</name>
        <lei>353800J3AV2SCNIO8L39</lei>
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          <isin value="JP3110650003"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sagax AB</name>
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          <isin value="SE0005127818"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nexans SA</name>
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        <cusip>000000000</cusip>
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          <isin value="FR0000044448"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Addtech AB</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Huhtamaki Oyj</name>
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          <isin value="FI0009000459"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mitsui Chemicals Inc.</name>
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        <title>Mitsui Chemicals Inc. NPV</title>
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          <isin value="JP3888300005"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Eiffage SA</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>SCOR SE</name>
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          <isin value="FR0010411983"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Al Sydbank AS</name>
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        <title>Al Sydbank AS DKK10</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>APA GROUP</name>
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        <title>APA Group Ltd. NPV (STAPLED UNITS)</title>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PCCW Ltd.</name>
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          <isin value="HK0008011667"/>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Melrose Industries PLC</name>
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      <invstOrSec>
        <name>Swissquote Group Holding AG</name>
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        <name>CVC Capital Partners PLC</name>
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        <assetCat>EC</assetCat>
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        <name>Hiab OYJ</name>
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        <name>Oracle Corp Japan</name>
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        <name>Cofinimmo S.A./N.V.</name>
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        <name>Bank Of Queensland Ltd.</name>
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        <name>Mcdonald's Holding</name>
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        <name>Bureau Veritas SA</name>
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        <name>Reply S.p.A.</name>
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        <invCountry>IT</invCountry>
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        <name>EFG International AG</name>
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        <name>Newmed Energy Limited Partnership</name>
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        <name>J.FRONT RETAILING COMPANY LTD</name>
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        <name>Misumi Group Inc.</name>
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        <name>Japan Post Insurance Co Ltd.</name>
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        <name>YAMAZAKI BAKING CO LTD</name>
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        <name>Banca Popolare Di Sondrio SpA.</name>
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        <name>Symrise AG</name>
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        <name>Ageas SA/NV</name>
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        <name>Toyoda Gosei Co Ltd</name>
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        <name>Banco Comercial Portugues, S.A.</name>
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        <name>Raiffeisen Bank International AG</name>
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        <name>Persol Holdings Co Ltd.</name>
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        <name>Tobu Railway Co Ltd</name>
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        <name>Ryohin Keikaku Co Ltd.</name>
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        <name>Tokyu Corp</name>
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        <name>Saipem SPA</name>
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        <name>Brunello Cucinelli S.p.A.</name>
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        <name>Kurita Water Industries Ltd.</name>
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        <name>Sweco AB (publ)</name>
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      <invstOrSec>
        <name>KYOTO FINANCIAL GROUP INC</name>
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      <invstOrSec>
        <name>Interpump Group S.p.A.</name>
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      <invstOrSec>
        <name>Essity AB</name>
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      <invstOrSec>
        <name>Indra Sistemas S.A.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hensoldt AG</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Amundi SA</name>
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          <isin value="FR0004125920"/>
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        <fairValLevel>1</fairValLevel>
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        <name>TBC Bank Group PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sanrio Co., Ltd</name>
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        <title>Sanrio Co., Ltd NPV</title>
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          <isin value="JP3343200006"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Internet Initiative Japan Inc.</name>
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        <title>Internet Initiative Japan Inc. NPV</title>
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          <isin value="JP3152820001"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aisin Corp.</name>
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          <isin value="JP3102000001"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Marks &amp; Spencer Group PLC</name>
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        <title>Marks &amp; Spencer Group PLC ORD GBP0.01</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Sectra AB</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Continental AG</name>
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        <name>WYNN MACAU LTD</name>
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        <name>Indutrade AB</name>
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        <name>JX Advanced Metals Corp.</name>
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        <name>Tenaris SA</name>
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        <name>Beijer Ref AB</name>
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        <name>Protector Forsikring ASA</name>
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        <name>Bunzl PLC</name>
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        <invCountry>GB</invCountry>
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        <name>DiaSorin S.p.A.</name>
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        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>Nexon Co Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Strabag SE</name>
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          <isin value="AT000000STR1"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>AT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Smith &amp; Nephew PLC</name>
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        <title>Smith &amp; Nephew PLC ORD USD0.20</title>
        <cusip>000000000</cusip>
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          <isin value="GB0009223206"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vidrala SA</name>
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          <isin value="ES0183746314"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eneos Holdings Inc</name>
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          <isin value="JP3386450005"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Beazley PLC (UK)</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lottomatica Group SpA</name>
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        <cusip>000000000</cusip>
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          <isin value="IT0005541336"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Orkla ASA</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Autotrader Group PLC</name>
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        <title>Autotrader Group PLC ORD GBP0.01</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hiscox Ltd</name>
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        <title>Hiscox Ltd ORD GBP0.065 (DI)</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rexel, S.A.</name>
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        <title>Rexel, S.A. EUR5</title>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Dexus</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kion Group AG</name>
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        <title>Kion Group AG NPV</title>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sacyr SA</name>
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        <title>Sacyr SA EUR1</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Japan Exchange Group Inc</name>
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        <title>Japan Exchange Group Inc NPV</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Isetan Mitsukoshi Holdings Ltd.</name>
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        <name>Shimadzu Corporation</name>
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        <title>Shimadzu Corporation NPV</title>
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        <name>Banca Mediolanum SpA</name>
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        <name>AIB Group PLC</name>
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        <title>AIB Group PLC ORD EUR0.625</title>
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        <invCountry>IE</invCountry>
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        <name>Toto Ltd</name>
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        <title>Toto Ltd NPV</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kakaku.Com Inc.</name>
        <lei>353800KA15Y0DCPWYY65</lei>
        <title>Kakaku.Com Inc. NPV</title>
        <cusip>000000000</cusip>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Bankinter SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA EUR0.30(REGD)</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BOC Aviation Ltd.</name>
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        <title>BOC Aviation Ltd. NPV</title>
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          <isin value="SG9999015267"/>
          <ticker value="2588"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FIRST PACIFIC COMPANY LTD</name>
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          <isin value="BMG348041077"/>
          <ticker value="142"/>
          <other otherDesc="SEDOL" value="6339872"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Investec PLC</name>
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        <title>Investec PLC ORD GBP0.0002</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B17BBQ50"/>
          <ticker value="INVP"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>USS Co Ltd.</name>
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        <title>USS Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3944130008"/>
          <ticker value="4732"/>
          <other otherDesc="SEDOL" value="6171494"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fielmann Group AG</name>
        <lei>529900BU5B7N9GE4XU15</lei>
        <title>Fielmann Group AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005772206"/>
          <ticker value="FIE"/>
          <other otherDesc="SEDOL" value="4409205"/>
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        <balance>2584.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Seibu Holdings Inc</name>
        <lei>353800JY9TYV9WTCN620</lei>
        <title>Seibu Holdings Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3417200007"/>
          <ticker value="9024"/>
          <other otherDesc="SEDOL" value="BKY6H35"/>
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        <balance>3600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daifuku Co Ltd.</name>
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        <title>Daifuku Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3497400006"/>
          <ticker value="6383"/>
          <other otherDesc="SEDOL" value="6250025"/>
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        <balance>7000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>T&amp;D Holdings Inc.</name>
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        <title>T&amp;D Holdings Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3539220008"/>
          <ticker value="8795"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aurizon Holdings Ltd.</name>
        <lei>5299005PC1O6NOWL3H48</lei>
        <title>Aurizon Holdings Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000AZJ1"/>
          <ticker value="AZJ"/>
          <other otherDesc="SEDOL" value="B87CVM3"/>
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        <balance>59680.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Biprogy Inc</name>
        <lei>N/A</lei>
        <title>Biprogy Inc NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3754200008"/>
          <ticker value="8056"/>
          <other otherDesc="SEDOL" value="6642688"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mazda Motor Corp.</name>
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        <title>Mazda Motor Corp. NPV</title>
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          <isin value="JP3868400007"/>
          <ticker value="7261"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QIAGEN NV</name>
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        <title>QIAGEN NV ORD SHARES</title>
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          <ticker value="QIA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daiwa Securities Group Inc.</name>
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        <title>Daiwa Securities Group Inc. NPV</title>
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        <name>Sapporo Breweries Ltd.</name>
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        <invCountry>JP</invCountry>
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        <name>SPIE SA</name>
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        <title>SPIE SA EUR0.47</title>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <name>Signify NV</name>
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        <name>Norsk Hydro ASA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>NO</invCountry>
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      <invstOrSec>
        <name>Bechtle AG</name>
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        <title>Bechtle AG NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Royal Unibrew A/S</name>
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        <title>Royal Unibrew A/S DKK2</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Hachijuni Nagano Bank Ltd.</name>
        <lei>FE70I3MHDCWOZWK19W48</lei>
        <title>Hachijuni Nagano Bank Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3769000005"/>
          <ticker value="8359"/>
          <other otherDesc="SEDOL" value="6400626"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Computershare Ltd.</name>
        <lei>21380085HOKTMGLV9G93</lei>
        <title>Computershare Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000CPU5"/>
          <ticker value="CPU"/>
          <other otherDesc="SEDOL" value="6180412"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cembra Money Bank AG</name>
        <lei>549300ZDHOETLAIVTE82</lei>
        <title>Cembra Money Bank AG CHF1 (REGD)</title>
        <cusip>000000000</cusip>
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          <isin value="CH0225173167"/>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Kawasaki Heavy Industries Ltd</name>
        <lei>5493008FFSI8SQ74AT93</lei>
        <title>Kawasaki Heavy Industries Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3224200000"/>
          <ticker value="7012"/>
          <other otherDesc="SEDOL" value="6484620"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hang Lung Properties Ltd.</name>
        <lei>529900CIVTNMXQT59E61</lei>
        <title>Hang Lung Properties Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="HK0101000591"/>
          <ticker value="101"/>
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        <assetCat>EC</assetCat>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kamigumi Co Ltd</name>
        <lei>3538004KUWA3850MUC05</lei>
        <title>Kamigumi Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3219000001"/>
          <ticker value="9364"/>
          <other otherDesc="SEDOL" value="6482668"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kingfisher PLC</name>
        <lei>213800KBMEV7I92FY281</lei>
        <title>Kingfisher PLC ORD GBP0.157142857</title>
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        <identifiers>
          <isin value="GB0033195214"/>
          <ticker value="KGF"/>
          <other otherDesc="SEDOL" value="3319521"/>
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        <balance>61881.00000000</balance>
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        <pctVal>0.145571289644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telekom Austria AG</name>
        <lei>529900KCNFQU5OJH7L33</lei>
        <title>Telekom Austria AG NPV(BR)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000720008"/>
          <ticker value="TKA"/>
          <other otherDesc="SEDOL" value="4635088"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SG HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>SG Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3162770006"/>
          <ticker value="9143"/>
          <other otherDesc="SEDOL" value="BFFY885"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Medibank Pvt Ltd.</name>
        <lei>BDYVSUPTML83OLINBJ17</lei>
        <title>Medibank Pvt Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000MPL3"/>
          <ticker value="MPL"/>
          <other otherDesc="SEDOL" value="BRTNNQ5"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CIE Automotive SA</name>
        <lei>95980020140005381252</lei>
        <title>CIE Automotive SA EUR0.25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0105630315"/>
          <ticker value="CIE"/>
          <other otherDesc="SEDOL" value="B15CL93"/>
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        <balance>5422.00000000</balance>
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        <pctVal>0.105436712384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YAMATO HOLDINGS COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Yamato Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3940000007"/>
          <ticker value="9064"/>
          <other otherDesc="SEDOL" value="6985565"/>
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        <balance>7300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tokyo Metro Co Ltd</name>
        <lei>35380049N9IQPZ74JY58</lei>
        <title>Tokyo Metro Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3583900000"/>
          <ticker value="9023"/>
          <other otherDesc="SEDOL" value="BQTY1X4"/>
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        <balance>15500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONO Pharmaceutical Co Ltd</name>
        <lei>529900G26L4NG4GFJZ86</lei>
        <title>ONO Pharmaceutical Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3197600004"/>
          <ticker value="4528"/>
          <other otherDesc="SEDOL" value="6660107"/>
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        <balance>21100.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED LABORATORIES INTERNATIONAL HOLDINGS LTD (THE)</name>
        <lei>2549007JL3XIH77JXN70</lei>
        <title>United Laboratories International Holdings Ltd HKD0.01</title>
        <cusip>000000000</cusip>
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          <isin value="KYG8813K1085"/>
          <ticker value="3933"/>
          <other otherDesc="SEDOL" value="B1P70H9"/>
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        <balance>82000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84020000"/>
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        <pctVal>0.063178648869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMOT INVESTMENTS LTD</name>
        <lei>N/A</lei>
        <title>Amot Investments Limited ILS1</title>
        <cusip>000000000</cusip>
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          <isin value="IL0010972789"/>
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          <other otherDesc="SEDOL" value="B18MCB9"/>
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        <balance>18552.00000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="3.15750000"/>
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        <pctVal>0.071021020911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Koninklijke KPN N.V.</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>Koninklijke KPN N.V. EUR0.04</title>
        <cusip>000000000</cusip>
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          <isin value="NL0000009082"/>
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          <other otherDesc="SEDOL" value="5956078"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Japan Railway Co.</name>
        <lei>353800QGUXHZ7EBCR121</lei>
        <title>West Japan Railway Co. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3659000008"/>
          <ticker value="9021"/>
          <other otherDesc="SEDOL" value="6957995"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Storebrand ASA</name>
        <lei>5967007LIEEXZX7NA051</lei>
        <title>Storebrand ASA SER'A'NOK5</title>
        <cusip>000000000</cusip>
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          <isin value="NO0003053605"/>
          <ticker value="STB"/>
          <other otherDesc="SEDOL" value="4852832"/>
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        <assetCat>EC</assetCat>
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        <invCountry>NO</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Merlin Properties Socimi SA</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>Merlin Properties Socimi SA EUR1</title>
        <cusip>000000000</cusip>
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          <isin value="ES0105025003"/>
          <ticker value="MRL"/>
          <other otherDesc="SEDOL" value="BNGNB77"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BioMerieux SA</name>
        <lei>549300AK8Y0LBIQ4T071</lei>
        <title>BioMerieux SA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="FR0013280286"/>
          <ticker value="BIM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <name>Nisshin Seifun Group Inc.</name>
        <lei>529900N4QFZS1P6PYX29</lei>
        <title>Nisshin Seifun Group Inc. NPV</title>
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          <isin value="JP3676800000"/>
          <ticker value="2002"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Rubis SCA</name>
        <lei>969500MGFIKUGLTC9742</lei>
        <title>Rubis SCA EUR1.25</title>
        <cusip>000000000</cusip>
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          <isin value="FR0013269123"/>
          <ticker value="RUI"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sundrug Co Ltd</name>
        <lei>N/A</lei>
        <title>Sundrug Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3336600006"/>
          <ticker value="9989"/>
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      <invstOrSec>
        <name>WHITBREAD PLC</name>
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      <invstOrSec>
        <name>Unicharm Corp.</name>
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      <invstOrSec>
        <name>Schroders PLC</name>
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        <name>Kuraray Co Ltd</name>
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        <name>Umicore S.A.</name>
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        <name>Nippon Paint Holdings Co Ltd.</name>
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        <name>Bouygues SA</name>
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        <name>NETWEALTH GROUP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Informa PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Jet2 PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KRAFTIA CORP</name>
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        <name>Niterra Co Ltd.</name>
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        <name>Resonac Holdings Corp.</name>
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        <name>Covivio SA</name>
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        <name>Singapore Airlines Ltd.</name>
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        <name>Nippon Sanso Holdings Corp.</name>
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        <name>GPT MANAGEMENT HOLDINGS LTD</name>
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        <name>Krones AG</name>
        <lei>529900NY2GSZWWUBW049</lei>
        <title>Krones AG ORD NPV</title>
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        <name>Nitto Denko Corp.</name>
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        <name>JD Sports Fashion PLC</name>
        <lei>213800HROV6Y9MUU8375</lei>
        <title>JD Sports Fashion PLC ORD GBP0.0005</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>WHARF REAL ESTATE INVESTMENT CO LTD</name>
        <lei>529900QLPKS8U9QOPB59</lei>
        <title>Wharf Real Estate Investment Co Ltd. HKD0.1</title>
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      <invstOrSec>
        <name>Cathay Pacific Airways Ltd.</name>
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          <isin value="HK0293001514"/>
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      <invstOrSec>
        <name>Organo Corp</name>
        <lei>N/A</lei>
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        <name>DWS Group Gmbh &amp; Co KgaA</name>
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      <invstOrSec>
        <name>Diploma PLC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Kokusai Electric Corp.</name>
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          <isin value="JP3293330001"/>
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        <name>Wallenius Wilhelmsen ASA</name>
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          <isin value="NO0010571680"/>
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        <name>Kerry Group PLC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Galenica AG</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pearson PLC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>ISS A/S</name>
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        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tomra Systems ASA</name>
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        <invCountry>NO</invCountry>
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      <invstOrSec>
        <name>Canon Marketing Japan Inc.</name>
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        <name>Mirvac Group</name>
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      <invstOrSec>
        <name>Sumitomo Forestry Co Ltd.</name>
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        <name>L E Lundbergforetagen AB (Publ)</name>
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        <name>Steadfast Group Ltd.</name>
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        <name>Orion Oyj</name>
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      <invstOrSec>
        <name>TPG Telecom Ltd.</name>
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        <name>Idemitsu Kosan Co.,Ltd.</name>
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      <invstOrSec>
        <name>Intertek Group PLC</name>
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        <invCountry>GB</invCountry>
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        <name>Sixt SE</name>
        <lei>5299004ZME6CSBR7WP07</lei>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Jyske Bank AS</name>
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        <name>ASR Nederland N.V.</name>
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      <invstOrSec>
        <name>Webuild SPA</name>
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        <name>SBM Offshore NV</name>
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        <name>Cosmo Energy Holdings Co Ltd.</name>
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        <name>CTP NV</name>
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        <name>Nippon Express Holdings Inc</name>
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          <isin value="JP3688370000"/>
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        <name>Wendel Se</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Georg Fischer AG</name>
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        <title>Georg Fischer AG CHF0.05 (REGD) (POST SPLIT)</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Frontline Plc</name>
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        <title>Frontline Plc COM</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Wartsila Oyj Abp</name>
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        <name>Scout24 SE</name>
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        <name>HASEKO Corp.</name>
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        <name>Sanwa Holdings Corp</name>
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        <name>Zensho Holdings Co., Ltd.</name>
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        <name>Toyo Seikan Group Holdings Ltd.</name>
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        <name>ALSOK CO LTD</name>
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        <name>Shimizu Corp.</name>
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        <name>Johnson Matthey Bankers Ltd</name>
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        <name>AIR WATER INC</name>
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        <title>Air Water Inc. NPV</title>
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        <name>Sumitomo Chemical Co Ltd.</name>
        <lei>353800RSAU9BD8U4DM91</lei>
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        <name>Drax Group PLC</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Evolution Mining Ltd.</name>
        <lei>254900BCFW5QO5LW8F27</lei>
        <title>Evolution Mining Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000EVN4"/>
          <ticker value="EVN"/>
          <other otherDesc="SEDOL" value="B3X0F91"/>
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        <balance>48519.00000000</balance>
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        <pctVal>0.263608042313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Marui Group Co Ltd.</name>
        <lei>52990081ZYFHQZEEMU57</lei>
        <title>Marui Group Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3870400003"/>
          <ticker value="8252"/>
          <other otherDesc="SEDOL" value="6569527"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Elisa OYJ</name>
        <lei>743700TU2S3DXWGU7H32</lei>
        <title>Elisa OYJ NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009007884"/>
          <ticker value="ELISA"/>
          <other otherDesc="SEDOL" value="5701513"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First International Bank Of Israel Ltd (The)</name>
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        <title>First International Bank Of Israel Ltd (The) ILS0.05</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0005930388"/>
          <ticker value="FIBI"/>
          <other otherDesc="SEDOL" value="6123815"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SalMar ASA</name>
        <lei>5967007LIEEXZXGDBK67</lei>
        <title>SalMar ASA NOK0.25</title>
        <cusip>000000000</cusip>
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          <isin value="NO0010310956"/>
          <ticker value="SALM"/>
          <other otherDesc="SEDOL" value="B1W5NW2"/>
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        <currencyConditional curCd="NOK" exchangeRt="9.74095000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hugo Boss AG</name>
        <lei>529900LFVU534EBRXD13</lei>
        <title>Hugo Boss AG NPV (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A1PHFF7"/>
          <ticker value="BOSS"/>
          <other otherDesc="SEDOL" value="B88MHC4"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LASERTEC CORP</name>
        <lei>N/A</lei>
        <title>Lasertec Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3979200007"/>
          <ticker value="6920"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FLSmidth &amp; Co. A/S</name>
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        <title>FLSmidth &amp; Co. A/S DKK20</title>
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          <isin value="DK0010234467"/>
          <ticker value="FLS"/>
          <other otherDesc="SEDOL" value="5263574"/>
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        <currencyConditional curCd="DKK" exchangeRt="6.48540000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Temenos AG</name>
        <lei>5067007NW6550481FH64</lei>
        <title>Temenos AG CHF5 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012453913"/>
          <ticker value="TEMN"/>
          <other otherDesc="SEDOL" value="7147892"/>
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        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Shionogi &amp; Co Ltd.</name>
        <lei>35380049VXDTHZI3DY35</lei>
        <title>Shionogi &amp; Co Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3347200002"/>
          <ticker value="4507"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>RS Group plc</name>
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        <title>RS Group plc ORD GBP0.10</title>
        <cusip>000000000</cusip>
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          <isin value="GB0003096442"/>
          <ticker value="RS1"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Syensqo SA</name>
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        <title>Syensqo SA NPV</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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        <name>Ayvens SA</name>
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        <title>Ayvens SA EUR1.5</title>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <name>Tryg AS</name>
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        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
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      <invstOrSec>
        <name>Puig Brands SA</name>
        <lei>549300OVHNSX30L1AQ94</lei>
        <title>Puig Brands SA EUR0</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kemira Oyj</name>
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          <isin value="FI0009004824"/>
          <ticker value="KEMIRA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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      <invstOrSec>
        <name>Londonmetric Property PLC</name>
        <lei>213800OCERWWPQDURL87</lei>
        <title>Londonmetric Property PLC ORD GBP0.10</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>Balfour Beatty PLC</name>
        <lei>CT4UIJ3TUKGYYHMENQ17</lei>
        <title>Balfour Beatty PLC GBP0.50</title>
        <cusip>000000000</cusip>
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          <ticker value="BBY"/>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>Nemetschek SE</name>
        <lei>529900R0S2IX1S358J38</lei>
        <title>Nemetschek SE ORD NPV</title>
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          <ticker value="NEM"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Pirelli &amp; C S.p.A.</name>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IIDA Group Holdings Co Ltd.</name>
        <lei>35380051BV8PV1I4S949</lei>
        <title>IIDA Group Holdings Co Ltd. NPV</title>
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          <isin value="JP3131090007"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Subsea 7 SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WH GROUP LTD</name>
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          <isin value="KYG960071028"/>
          <ticker value="288"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kandenko Co Ltd</name>
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        <title>Kandenko Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3230600003"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Technogym SpA</name>
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        <title>Technogym SpA NPV</title>
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          <isin value="IT0005162406"/>
          <ticker value="TGYM"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ORICA LTD</name>
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        <title>Orica Ltd. NPV</title>
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          <isin value="AU000000ORI1"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Minebea Mitsumi Inc.</name>
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        <title>Minebea Mitsumi Inc. NPV</title>
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          <isin value="JP3906000009"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bridgepoint Group PLC</name>
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        <title>Bridgepoint Group PLC ORD GBP0.00005</title>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Power Assets Holdings Ltd.</name>
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        <title>Power Assets Holdings Ltd. NPV</title>
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          <isin value="HK0006000050"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Azimut Holding SpA</name>
        <lei>81560025690EF8540635</lei>
        <title>Azimut Holding SpA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003261697"/>
          <ticker value="AZM"/>
          <other otherDesc="SEDOL" value="B019M65"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bachem Holding AG</name>
        <lei>506700S81111XI7TG884</lei>
        <title>Bachem Holding AG CHF0.01 (REGD) (SUBD)</title>
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          <isin value="CH1176493729"/>
          <ticker value="BANB"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Subaru Corp.</name>
        <lei>549300N244BVAEE6HH86</lei>
        <title>Subaru Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3814800003"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DKSH Holding AG</name>
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        <title>DKSH Holding AG CHF0.10 (REGD)</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Japan Steel Works Ltd</name>
        <lei>529900AWFTILIHHO0936</lei>
        <title>Japan Steel Works Ltd NPV</title>
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          <isin value="JP3721400004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Freenet AG</name>
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        <title>Freenet AG NPV (REGD)</title>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Open House Group Co Ltd</name>
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        <title>Open House Group Co Ltd NPV</title>
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          <isin value="JP3173540000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <name>Coca-Cola HBC AG</name>
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        <name>Brother Industries Ltd</name>
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        <title>Brother Industries Ltd NPV</title>
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        <name>Bezeq The Israeli Telecommunication Corp Ltd</name>
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        <title>Bezeq The Israeli Telecommunication Corp Ltd ILS1</title>
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        <name>Sonova Holding AG</name>
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        <name>TECHNIP ENERGIES NV</name>
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        <title>Technip Energies N V EUR0.01</title>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>InterContinental Hotels Group PLC</name>
        <lei>2138007ZFQYRUSLU3J98</lei>
        <title>InterContinental Hotels Group PLC ORD GBP0.208521303</title>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ASX Ltd.</name>
        <lei>549300VSBVYUCBIQKT71</lei>
        <title>ASX Ltd. NPV</title>
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        <name>Worley Ltd.</name>
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        <name>Banque Cantonale Vaudoise</name>
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        <name>HKT TRUST AND HKT LTD</name>
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      <invstOrSec>
        <name>Sainsbury (J) PLC</name>
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      <invstOrSec>
        <name>JOHNSON ELECTRIC HOLDINGS LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Osaka Gas Co Ltd</name>
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          <isin value="JP3180400008"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AZRIELI GROUP LTD</name>
        <lei>N/A</lei>
        <title>Azrieli Group ILS0.10</title>
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          <isin value="IL0011194789"/>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Furukawa Electric Co Ltd.</name>
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        <title>Furukawa Electric Co Ltd. NPV</title>
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          <isin value="JP3827200001"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>The 77 Bank Ltd</name>
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        <title>The 77 Bank Ltd NPV</title>
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          <isin value="JP3352000008"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Knorr-Bremse AG</name>
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          <isin value="DE000KBX1006"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hulic Co Ltd.</name>
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        <title>Hulic Co Ltd. NPV</title>
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          <isin value="JP3360800001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sankyo Co Ltd</name>
        <lei>3538009H2R9ZBZAOAK48</lei>
        <title>Sankyo Co Ltd NPV</title>
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          <isin value="JP3326410002"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Renk Group AG</name>
        <lei>894500H8CNSZ53EI6K63</lei>
        <title>Renk Group AG NPV</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>WORKMAN COMPANY LTD</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Konecranes Oyj</name>
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      <invstOrSec>
        <name>Bendigo &amp; Adelaide Bank Ltd.</name>
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        <name>Vicinity Centres Re Ltd</name>
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        <name>Allfunds Group Plc</name>
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        <name>Babcock International Group PLC</name>
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        <name>Prada S.p.A.</name>
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        <name>Getlink SE</name>
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        <name>DREYFUS TRSY OBLIG CASH M</name>
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        <name>Jeronimo Martins - S.G.P.S., S.A.</name>
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        <invCountry>PT</invCountry>
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        <name>Nikon Corp</name>
        <lei>549300X7LIS9RFELXJ98</lei>
        <title>Nikon Corp NPV</title>
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        <name>Inchcape plc</name>
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      <invstOrSec>
        <name>St James's Place PLC</name>
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      <invstOrSec>
        <name>MODEC INC</name>
        <lei>N/A</lei>
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        <name>Italgas SpA</name>
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        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mitsui Kinzoku Co Ltd.</name>
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          <isin value="JP3888400003"/>
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        <name>Weir Group PLC</name>
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          <isin value="GB0009465807"/>
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        <name>Aker ASA</name>
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      <invstOrSec>
        <name>Kobe Steel Ltd</name>
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        <title>Kobe Steel Ltd NPV</title>
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          <isin value="JP3289800009"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Neste Oyj</name>
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          <isin value="FI0009013296"/>
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        <name>KAJIMA CORP</name>
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          <isin value="JP3210200006"/>
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        <name>JB Hi-Fi Ltd.</name>
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        <name>ABC-Mart Inc.</name>
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        <name>H Lundbeck A S</name>
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        <name>Seek Ltd.</name>
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        <name>HOKUHOKU FINANCIAL GROUP INC</name>
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        <name>Tokyo Gas Co Ltd</name>
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        <name>Elis SA</name>
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        <name>Fresenius Medical Care AG</name>
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        <name>BlueScope Steel (Finance) Ltd / BlueScope Steel Finance (USA) LLC</name>
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        <name>Koei Tecmo Holdings Co Ltd.</name>
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        <title>Koei Tecmo Holdings Co Ltd. NPV</title>
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          <isin value="JP3283460008"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Keppel Ltd.</name>
        <lei>254900SQ7IPDOY6IDW33</lei>
        <title>Keppel Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SG1U68934629"/>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Qube Holdings Ltd.</name>
        <lei>391200RT2MUFEO3RFW25</lei>
        <title>Qube Holdings Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000QUB5"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Thyssenkrupp AG</name>
        <lei>549300UDG16DOYUPR330</lei>
        <title>Thyssenkrupp AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007500001"/>
          <ticker value="TKA"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NOF CORP</name>
        <lei>N/A</lei>
        <title>NOF Corp. NPV</title>
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          <isin value="JP3753400005"/>
          <ticker value="4403"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daito Trust Construction Co Ltd.</name>
        <lei>353800QQ4DRI3KXS3038</lei>
        <title>Daito Trust Construction Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3486800000"/>
          <ticker value="1878"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Whitehaven Coal Ltd.</name>
        <lei>529900WCZ4I6ZO3RRP86</lei>
        <title>Whitehaven Coal Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000WHC8"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rockwool A/S</name>
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        <title>Rockwool A/S SER'B'DKK1</title>
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          <isin value="DK0063855168"/>
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          <other otherDesc="SEDOL" value="BRJCHK4"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SSAB AB</name>
        <lei>529900329VS14ZIML164</lei>
        <title>SSAB AB SER'B'NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000120669"/>
          <ticker value="SSABB"/>
          <other otherDesc="SEDOL" value="B17H3F6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>City Developments Ltd.</name>
        <lei>254900BPLPJS0RJ72373</lei>
        <title>City Developments Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1R89002252"/>
          <ticker value="CIT"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SSAB AB</name>
        <lei>529900329VS14ZIML164</lei>
        <title>SSAB AB SER'A'NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000171100"/>
          <ticker value="SSABA"/>
          <other otherDesc="SEDOL" value="B17H0S8"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Compania De Distribucion Integral Logista Holdings S.A.U</name>
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        <title>Compania De Distribucion Integral Logista Holdings S.A.U EUR0.2</title>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Glanbia PLC</name>
        <lei>635400SRMCBHVMSKJS84</lei>
        <title>Glanbia PLC ORD EUR0.06</title>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SOCIONEXT INC</name>
        <lei>N/A</lei>
        <title>Socionext Inc. NPV</title>
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          <isin value="JP3433500000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Vestas Wind Systems AS</name>
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        <invCountry>DK</invCountry>
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        <name>Flughafen Zurich AG</name>
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        <title>Flughafen Zurich AG CHF10(REGD) POST SPLIT</title>
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        <invCountry>CH</invCountry>
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      <invstOrSec>
        <name>Gunma Bank Ltd</name>
        <lei>54930054A69VC4I5BP89</lei>
        <title>Gunma Bank Ltd NPV</title>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Toyo Suisan Kaisha Ltd</name>
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        <title>Toyo Suisan Kaisha Ltd NPV</title>
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      <invstOrSec>
        <name>The Sage Group PLC</name>
        <lei>2138005RN5XYLTF8G138</lei>
        <title>The Sage Group PLC GBP0.01051948</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Swire Properties Ltd.</name>
        <lei>5299001L12PHYVQ92465</lei>
        <title>Swire Properties Ltd. HKD1</title>
        <cusip>000000000</cusip>
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          <isin value="HK0000063609"/>
          <ticker value="1972"/>
          <other otherDesc="SEDOL" value="B67C2G0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>YOKOHAMA FINANCIAL GROUP INC</name>
        <lei>N/A</lei>
        <title>Yokohama Financial Group Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3305990008"/>
          <ticker value="7186"/>
          <other otherDesc="SEDOL" value="BD97JW7"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NS SOLUTIONS CORP</name>
        <lei>N/A</lei>
        <title>NS Solutions Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3379900008"/>
          <ticker value="2327"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pandora A/S</name>
        <lei>5299007OWYZ6I1E46843</lei>
        <title>Pandora A/S DKK1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0060252690"/>
          <ticker value="PNDORA"/>
          <other otherDesc="SEDOL" value="B44XTX8"/>
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        <balance>1969.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.48540000"/>
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        <pctVal>0.086584065711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TAIYO HOLDINGS COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Taiyo Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3449100001"/>
          <ticker value="4626"/>
          <other otherDesc="SEDOL" value="6871783"/>
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        <balance>6000.00000000</balance>
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        <pctVal>0.118153511318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avolta AG</name>
        <lei>549300X53WDBVW7TIF57</lei>
        <title>Avolta AG CHF5 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0023405456"/>
          <ticker value="AVOL"/>
          <other otherDesc="SEDOL" value="B0R80X9"/>
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        <balance>2863.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>168384.52000000</valUSD>
        <pctVal>0.105843063912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Acerinox SA</name>
        <lei>95980020140005582721</lei>
        <title>Acerinox SA EUR0.25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0132105018"/>
          <ticker value="ACX"/>
          <other otherDesc="SEDOL" value="B01ZVZ5"/>
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        <balance>10631.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEG Immobilien SE</name>
        <lei>391200SO40AKONBO0Z96</lei>
        <title>LEG Immobilien SE NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000LEG1110"/>
          <ticker value="LEG"/>
          <other otherDesc="SEDOL" value="B9G6L89"/>
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        <balance>2810.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>181633.93000000</valUSD>
        <pctVal>0.114171371939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROHM Co Ltd.</name>
        <lei>5493009V2FGDEP7JFE59</lei>
        <title>ROHM Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3982800009"/>
          <ticker value="6963"/>
          <other otherDesc="SEDOL" value="6747204"/>
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        <balance>8600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kyushu Railway Co.</name>
        <lei>5299002CCI6HLWAN3K50</lei>
        <title>Kyushu Railway Co. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3247010006"/>
          <ticker value="9142"/>
          <other otherDesc="SEDOL" value="BD2BST6"/>
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        <balance>5800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vienna Insurance Group AG Wiener Versicherung Gruppe</name>
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        <title>Vienna Insurance Group AG Wiener Versicherung Gruppe NPV (BR)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000908504"/>
          <ticker value="VIG"/>
          <other otherDesc="SEDOL" value="B0BKSS2"/>
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        <balance>5945.00000000</balance>
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        <pctVal>0.264367630399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Computacenter PLC</name>
        <lei>549300XSXUZ1I19DB105</lei>
        <title>Computacenter PLC ORD GBP0.075555</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BV9FP302"/>
          <ticker value="CCC"/>
          <other otherDesc="SEDOL" value="BV9FP30"/>
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        <balance>2320.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>91475.53000000</valUSD>
        <pctVal>0.057499646453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Axfood AB</name>
        <lei>549300QIXCZWZLHE8L05</lei>
        <title>Axfood AB NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0006993770"/>
          <ticker value="AXFO"/>
          <other otherDesc="SEDOL" value="BVGH0K1"/>
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        <balance>8352.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.52625000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Horiba Ltd.</name>
        <lei>529900OOTWPYSNW0EC84</lei>
        <title>Horiba Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3853000002"/>
          <ticker value="6856"/>
          <other otherDesc="SEDOL" value="6437947"/>
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        <balance>800.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <pctVal>0.056469033727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BKW AG</name>
        <lei>549300IE30SKTUO98Q38</lei>
        <title>BKW AG CHF2.50</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0130293662"/>
          <ticker value="BKW"/>
          <other otherDesc="SEDOL" value="B76D410"/>
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        <balance>983.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Food &amp; Life Companies Ltd.</name>
        <lei>529900CWF7GCVZKS5M87</lei>
        <title>Food &amp; Life Companies Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3397150008"/>
          <ticker value="3563"/>
          <other otherDesc="SEDOL" value="BF1HPT8"/>
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        <balance>700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mebuki Financial Group Inc</name>
        <lei>353800K1RXV3E3JAE812</lei>
        <title>Mebuki Financial Group Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3117700009"/>
          <ticker value="7167"/>
          <other otherDesc="SEDOL" value="BH0VTS2"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Treasury Wine Estates Ltd.</name>
        <lei>529900LVOPJGAX6ILK66</lei>
        <title>Treasury Wine Estates Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000TWE9"/>
          <ticker value="TWE"/>
          <other otherDesc="SEDOL" value="B61JC67"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jcdecaux SE</name>
        <lei>9695009KV7AFPDEI5S30</lei>
        <title>Jcdecaux SE NPV</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000077919"/>
          <ticker value="DEC"/>
          <other otherDesc="SEDOL" value="7136663"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Menora Mivtachim Holdings Ltd.</name>
        <lei>2549009I6K3RDXFFY773</lei>
        <title>Menora Mivtachim Holdings Ltd. ORD ILS1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0005660183"/>
          <ticker value="MMHD"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SFS Group AG</name>
        <lei>391200RQ38WAM4BJBO16</lei>
        <title>SFS Group AG CHF0.1 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0239229302"/>
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          <other otherDesc="SEDOL" value="BLWF8B6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nomura Real Estate Holdings Inc.</name>
        <lei>353800UZ91CT24OL9P59</lei>
        <title>Nomura Real Estate Holdings Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3762900003"/>
          <ticker value="3231"/>
          <other otherDesc="SEDOL" value="B1CWJM5"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AGC Inc.</name>
        <lei>JE4WFFEELMVPFZ0G1E77</lei>
        <title>AGC Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3112000009"/>
          <ticker value="5201"/>
          <other otherDesc="SEDOL" value="6055208"/>
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        <balance>9100.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>314487.40000000</valUSD>
        <pctVal>0.197680344832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ConvaTec Group PLC</name>
        <lei>213800LS272L4FIDOH92</lei>
        <title>ConvaTec Group PLC ORD GBP0.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BD3VFW73"/>
          <ticker value="CTEC"/>
          <other otherDesc="SEDOL" value="BD3VFW7"/>
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        <balance>43611.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>123876.09000000</valUSD>
        <pctVal>0.077865975513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola Bottlers Japan Holding Inc.</name>
        <lei>353800XN1G90665VTQ16</lei>
        <title>Coca-Cola Bottlers Japan Holding Inc. NPV</title>
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        <name>Wienerberger AG</name>
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        <name>THK CO LTD</name>
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        <name>TOEI ANIMATION COMPANY LTD</name>
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        <name>Deutsche Wohnen SE</name>
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        <name>Yara International ASA</name>
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        <name>Odakyu Electric Railway Co Ltd</name>
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          <isin value="JP3196000008"/>
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        <name>Codan Ltd.</name>
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        <name>Warehouse DE Pauw NV</name>
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        <name>Credito Emiliano S.p.A.</name>
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        <name>SATS Ltd.</name>
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        <name>Hong Kong &amp; China Gas Co Ltd. (Towngas)</name>
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        <name>Trend Micro Inc.</name>
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        <name>Maruwa Co Ltd</name>
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        <name>Gaztransport Et Technigaz SA</name>
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        <name>Toray Industries Inc.</name>
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        <name>Valmet Oyj</name>
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        <name>Fomento De Construcciones Y Contratas SA</name>
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        <name>UNIQA Insurance Group AG</name>
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        <name>Harel Insurance Investments &amp; Financial Services Ltd.</name>
        <lei>213800BDNN3W11SXXD60</lei>
        <title>Harel Insurance Investments &amp; Financial Services Ltd. ILS1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0005850180"/>
          <ticker value="HARL"/>
          <other otherDesc="SEDOL" value="6410700"/>
        </identifiers>
        <balance>3870.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.15750000"/>
        <valUSD>213386.22000000</valUSD>
        <pctVal>0.134130211741</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>Comsys Holdings Corp.</name>
        <lei>529900BXEDA1UA6QX260</lei>
        <title>Comsys Holdings Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3305530002"/>
          <ticker value="1721"/>
          <other otherDesc="SEDOL" value="6687247"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>75142.37000000</valUSD>
        <pctVal>0.047232956274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumco Corp.</name>
        <lei>353800SUSRUOM0V6KU92</lei>
        <title>Sumco Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3322930003"/>
          <ticker value="3436"/>
          <other otherDesc="SEDOL" value="B0M0C89"/>
        </identifiers>
        <balance>3600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>37552.33000000</valUSD>
        <pctVal>0.023604626270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Julius Baer Group AG</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>Julius Baer Group AG CHF0.02 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0102484968"/>
          <ticker value="BAER"/>
          <other otherDesc="SEDOL" value="B4R2R50"/>
        </identifiers>
        <balance>8478.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>613627.63000000</valUSD>
        <pctVal>0.385713772624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBIC BUSINESS CONSULTANTS LTD</name>
        <lei>N/A</lei>
        <title>OBIC Business Consultants Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3173500004"/>
          <ticker value="4733"/>
          <other otherDesc="SEDOL" value="6174620"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>39229.37000000</valUSD>
        <pctVal>0.024658779299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alfa Laval AB</name>
        <lei>549300UCKT2UK88AG251</lei>
        <title>Alfa Laval AB NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000695876"/>
          <ticker value="ALFA"/>
          <other otherDesc="SEDOL" value="7332687"/>
        </identifiers>
        <balance>6181.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.52625000"/>
        <valUSD>329480.31000000</valUSD>
        <pctVal>0.207104581284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunrise Communications AG</name>
        <lei>213800RS9HRGTWOGCO08</lei>
        <title>Sunrise Communications AG CHF0.1 A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1386220409"/>
          <ticker value="SUNN"/>
          <other otherDesc="SEDOL" value="BM9WB18"/>
        </identifiers>
        <balance>4043.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>238086.94000000</valUSD>
        <pctVal>0.149656578925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Bakelite Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Bakelite Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3409400003"/>
          <ticker value="4203"/>
          <other otherDesc="SEDOL" value="6858504"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>72834.24000000</valUSD>
        <pctVal>0.045782112983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DFI Retail Group Holdings Ltd</name>
        <lei>213800NOTG41PZVNNX48</lei>
        <title>DFI Retail Group Holdings Ltd ORD USD5 5/9 CENTS(SINGAPORE REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG2624N1535"/>
          <ticker value="DFI"/>
          <other otherDesc="SEDOL" value="6180274"/>
        </identifiers>
        <balance>47300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>197714.00000000</valUSD>
        <pctVal>0.124278974922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Israel Discount Bank Ltd.</name>
        <lei>549300XWZ7BG5G23OF51</lei>
        <title>Israel Discount Bank Ltd. ILS0.10</title>
        <cusip>465074201</cusip>
        <identifiers>
          <isin value="IL0006912120"/>
          <ticker value="DSCT"/>
          <other otherDesc="SEDOL" value="6451271"/>
        </identifiers>
        <balance>37659.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.15750000"/>
        <valUSD>375456.95000000</valUSD>
        <pctVal>0.236004556448</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>Bucher Industries AG</name>
        <lei>52990014AQ91A29HPB27</lei>
        <title>Bucher Industries AG CHF0.20 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0002432174"/>
          <ticker value="BUCN"/>
          <other otherDesc="SEDOL" value="B07ZBW6"/>
        </identifiers>
        <balance>189.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>81734.18000000</valUSD>
        <pctVal>0.051376433163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMO Payment Gateway Inc.</name>
        <lei>353800Q6U21E2PM83F86</lei>
        <title>GMO Payment Gateway Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3385890003"/>
          <ticker value="3769"/>
          <other otherDesc="SEDOL" value="B06CMQ9"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>41254.64000000</valUSD>
        <pctVal>0.025931822582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Howden Joinery Group PLC</name>
        <lei>213800KC1LJOJTY3JP45</lei>
        <title>Howden Joinery Group PLC ORD GBP0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0005576813"/>
          <ticker value="HWDN"/>
          <other otherDesc="SEDOL" value="0557681"/>
        </identifiers>
        <balance>11333.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>118213.52000000</valUSD>
        <pctVal>0.074306599874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akzo Nobel N.V.</name>
        <lei>724500XYIJUGXAA5QD70</lei>
        <title>Akzo Nobel N.V. EUR0.50(POST REV SPLIT)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013267909"/>
          <ticker value="AKZA"/>
          <other otherDesc="SEDOL" value="BJ2KSG2"/>
        </identifiers>
        <balance>5266.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>298520.23000000</valUSD>
        <pctVal>0.187643708478</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>Schaeffler AG</name>
        <lei>549300Q7E782X7GC1P43</lei>
        <title>Schaeffler AG NPV (REG)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SHA0100"/>
          <ticker value="SHA0"/>
          <other otherDesc="SEDOL" value="BV5F6V9"/>
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        <balance>36306.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>295123.12000000</valUSD>
        <pctVal>0.185508354641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMI PLC</name>
        <lei>2138002W9Q21PF751R30</lei>
        <title>IMI PLC ORD GBP0.28571428</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BGLP8L22"/>
          <ticker value="IMI"/>
          <other otherDesc="SEDOL" value="BGLP8L2"/>
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        <balance>5499.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>183463.64000000</valUSD>
        <pctVal>0.115321490207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kewpie Corp</name>
        <lei>529900LQQ53U4P4VZN24</lei>
        <title>Kewpie Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3244800003"/>
          <ticker value="2809"/>
          <other otherDesc="SEDOL" value="6714509"/>
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        <balance>2700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>68412.22000000</valUSD>
        <pctVal>0.043002521691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kirin Holdings Co Ltd</name>
        <lei>353800GBVL72LLMTYM96</lei>
        <title>Kirin Holdings Co Ltd NPV</title>
        <cusip>497350108</cusip>
        <identifiers>
          <isin value="JP3258000003"/>
          <ticker value="2503"/>
          <other otherDesc="SEDOL" value="6493745"/>
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        <balance>26200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>415833.80000000</valUSD>
        <pctVal>0.261384618197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cranswick PLC</name>
        <lei>549300LDZLPU51XOSK43</lei>
        <title>Cranswick PLC ORD GBP0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0002318888"/>
          <ticker value="CWK"/>
          <other otherDesc="SEDOL" value="0231888"/>
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        <balance>1042.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>71864.63000000</valUSD>
        <pctVal>0.045172635977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAR Group Limited</name>
        <lei>5299009TFWZGH2AN7D11</lei>
        <title>CAR Group Limited NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000CAR3"/>
          <ticker value="CAR"/>
          <other otherDesc="SEDOL" value="BW0BGZ3"/>
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        <balance>7302.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.46006700"/>
        <valUSD>114026.00000000</valUSD>
        <pctVal>0.071674410484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONGKONG LAND HOLDINGS LTD</name>
        <lei>213800XCHYNRPAYGXW28</lei>
        <title>Hongkong Land Holdings Ltd. ORD USD0.10(SINGAPORE REG)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG4587L1090"/>
          <ticker value="HKL"/>
          <other otherDesc="SEDOL" value="6434915"/>
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        <balance>80400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>624708.00000000</valUSD>
        <pctVal>0.392678666488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Halma PLC</name>
        <lei>2138007FRGLUR9KGBT40</lei>
        <title>Halma PLC ORD GBP0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0004052071"/>
          <ticker value="HLMA"/>
          <other otherDesc="SEDOL" value="0405207"/>
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        <balance>2753.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>138027.01000000</valUSD>
        <pctVal>0.086760954279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kobe Bussan Co Ltd.</name>
        <lei>353800CJIFNHN2DXRD59</lei>
        <title>Kobe Bussan Co Ltd. NPV</title>
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          <isin value="JP3291200008"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Harvey Norman Holdings Ltd.</name>
        <lei>529900ONRWOF42PYKU59</lei>
        <title>Harvey Norman Holdings Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000HVN7"/>
          <ticker value="HVN"/>
          <other otherDesc="SEDOL" value="6173508"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Matsukiyococokara &amp; Co.</name>
        <lei>N/A</lei>
        <title>Matsukiyococokara &amp; Co. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3869010003"/>
          <ticker value="3088"/>
          <other otherDesc="SEDOL" value="B249GC0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mitsubishi Gas Chemical Co Inc.</name>
        <lei>529900G5O4J27ZPLJJ89</lei>
        <title>Mitsubishi Gas Chemical Co Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3896800004"/>
          <ticker value="4182"/>
          <other otherDesc="SEDOL" value="6596923"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SBI Holdings Inc</name>
        <lei>353800L6LMHYIPSMRQ17</lei>
        <title>SBI Holdings Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3436120004"/>
          <ticker value="8473"/>
          <other otherDesc="SEDOL" value="6309466"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sopra Steria Group SA</name>
        <lei>96950020QIOHAAK9V551</lei>
        <title>Sopra Steria Group SA EUR1.00</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000050809"/>
          <ticker value="SOP"/>
          <other otherDesc="SEDOL" value="5633616"/>
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        <balance>654.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cochlear Ltd</name>
        <lei>5493001OLLWY8KV5UC08</lei>
        <title>Cochlear Ltd ORD NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000COH5"/>
          <ticker value="COH"/>
          <other otherDesc="SEDOL" value="6211798"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NN Group N.V.</name>
        <lei>724500OHYNDT9OY6Q215</lei>
        <title>NN Group N.V. EUR0.12</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0010773842"/>
          <ticker value="NN"/>
          <other otherDesc="SEDOL" value="BNG8PQ9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Taisei Corp.</name>
        <lei>529900TF7XJKIOWMLQ79</lei>
        <title>Taisei Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3443600006"/>
          <ticker value="1801"/>
          <other otherDesc="SEDOL" value="6870100"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delek Group Ltd.</name>
        <lei>213800CYKA4XE2HZZB09</lei>
        <title>Delek Group Ltd. ILS1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0010841281"/>
          <ticker value="DLEKG"/>
          <other otherDesc="SEDOL" value="6219640"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hoshizaki Corp.</name>
        <lei>5299001QAMLGU3SRBG20</lei>
        <title>Hoshizaki Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3845770001"/>
          <ticker value="6465"/>
          <other otherDesc="SEDOL" value="B3FF8W8"/>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rightmove PLC</name>
        <lei>2138001JXGCFKBXYB828</lei>
        <title>Rightmove PLC ORD GBP0.001</title>
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          <isin value="GB00BGDT3G23"/>
          <ticker value="RMV"/>
          <other otherDesc="SEDOL" value="BGDT3G2"/>
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        <balance>9374.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Voestalpine AG</name>
        <lei>529900ZAXBMQDIWPNB72</lei>
        <title>Voestalpine AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000937503"/>
          <ticker value="VOE"/>
          <other otherDesc="SEDOL" value="4943402"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ANA Holdings Inc.</name>
        <lei>5493008IRKIY0G3TE305</lei>
        <title>ANA Holdings Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3429800000"/>
          <ticker value="9202"/>
          <other otherDesc="SEDOL" value="6014908"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shizuoka Financial Group Inc.</name>
        <lei>353800MNO5C8V2SHGA81</lei>
        <title>Shizuoka Financial Group Inc. NPV</title>
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          <isin value="JP3351500008"/>
          <ticker value="5831"/>
          <other otherDesc="SEDOL" value="BP38QJ6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>De'Longhi S.p.A.</name>
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          <isin value="IT0003115950"/>
          <ticker value="DLG"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Santen Pharmaceutical Co Ltd.</name>
        <lei>529900TPT3I7C17MIM03</lei>
        <title>Santen Pharmaceutical Co Ltd. NPV</title>
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          <isin value="JP3336000009"/>
          <ticker value="4536"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Ebro Foods SA</name>
        <lei>959800NW6DLQT89M3240</lei>
        <title>Ebro Foods SA EUR0.60</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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      <invstOrSec>
        <name>Klepierre SA</name>
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        <title>Klepierre SA EUR1.40</title>
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          <isin value="FR0000121964"/>
          <ticker value="LI"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rinnai Corp</name>
        <lei>N/A</lei>
        <title>Rinnai Corp NPV</title>
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          <isin value="JP3977400005"/>
          <ticker value="5947"/>
          <other otherDesc="SEDOL" value="6740582"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Heineken Holding N.V.</name>
        <lei>724500M1WJLFM9TYBS04</lei>
        <title>Heineken Holding N.V. EUR1.60</title>
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        <identifiers>
          <isin value="NL0000008977"/>
          <ticker value="HEIO"/>
          <other otherDesc="SEDOL" value="B0CCH46"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <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>
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      </invstOrSec>
      <invstOrSec>
        <name>Strauss Group Ltd</name>
        <lei>254900GBA9EK5FGVQA80</lei>
        <title>Strauss Group Ltd ORD ILS1</title>
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        <name>Qinetiq Group PLC</name>
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        <name>Sugi Holdings Co Ltd</name>
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        <name>Edenred SA</name>
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        <name>Astellas Pharma Inc.</name>
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        <name>Eisai Co Ltd.</name>
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        <name>ICL Group Ltd</name>
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        <name>Sekisui Chemical Co Ltd.</name>
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        <name>Isuzu Motors Ltd.</name>
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        <name>Moncler S.p.A.</name>
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        <name>Asics Corp</name>
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        <name>Tisi Inc.</name>
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        <name>Chubu Electric Power Co Inc.</name>
        <lei>529900A76GOP0PGNHT63</lei>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>EURONEXT</name>
        <lei>724500QJ4QSZ3H9QU415</lei>
        <title>EURONEXT EUR1.60</title>
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          <isin value="NL0006294274"/>
          <ticker value="ENX"/>
          <other otherDesc="SEDOL" value="BNBNSG0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Softcat PLC</name>
        <lei>213800N42YZLR9GLVC42</lei>
        <title>Softcat PLC ORD GBP0.0005</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BYZDVK82"/>
          <ticker value="SCT"/>
          <other otherDesc="SEDOL" value="BYZDVK8"/>
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        <balance>4053.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vontobel Holding AG</name>
        <lei>529900G69W5VR3DDPW23</lei>
        <title>Vontobel Holding AG CHF1 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012335540"/>
          <ticker value="VONN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tohoku Electric Power Co Inc</name>
        <lei>353800KTF7EYIIYHY088</lei>
        <title>Tohoku Electric Power Co Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3605400005"/>
          <ticker value="9506"/>
          <other otherDesc="SEDOL" value="6895266"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Chemical Group Corp.</name>
        <lei>353800YNKX4RQUGAR072</lei>
        <title>Mitsubishi Chemical Group Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3897700005"/>
          <ticker value="4188"/>
          <other otherDesc="SEDOL" value="B0JQTJ0"/>
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        <balance>41500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Makita Corp.</name>
        <lei>529900CDR9E94BCM6294</lei>
        <title>Makita Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3862400003"/>
          <ticker value="6586"/>
          <other otherDesc="SEDOL" value="6555805"/>
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        <balance>6300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SpareBank 1 Sor-Norge ASA</name>
        <lei>549300Q3OIWRHQUQM052</lei>
        <title>SpareBank 1 Sor-Norge ASA NOK25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0010631567"/>
          <ticker value="SB1NO"/>
          <other otherDesc="SEDOL" value="B40JTQ3"/>
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        <balance>22712.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metso Oyj</name>
        <lei>549300R0VN9C371W0E07</lei>
        <title>Metso Oyj NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009014575"/>
          <ticker value="METSO"/>
          <other otherDesc="SEDOL" value="B1FN8X9"/>
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        <balance>24540.00000000</balance>
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        <valUSD>416773.26000000</valUSD>
        <pctVal>0.261975143530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sega Sammy Holdings Inc.</name>
        <lei>5493006B6WMKNQ8QNP51</lei>
        <title>Sega Sammy Holdings Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3419050004"/>
          <ticker value="6460"/>
          <other otherDesc="SEDOL" value="B02RK08"/>
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        <balance>4400.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NGK Insulators Ltd</name>
        <lei>353800701BNCL25VYY16</lei>
        <title>Ngk Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3695200000"/>
          <ticker value="5333"/>
          <other otherDesc="SEDOL" value="6619507"/>
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        <balance>6400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nissan Chemical Corp.</name>
        <lei>3538002E4L1CUGJFFU25</lei>
        <title>Nissan Chemical Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3670800006"/>
          <ticker value="4021"/>
          <other otherDesc="SEDOL" value="6641588"/>
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        <balance>6600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aeroports de Paris</name>
        <lei>969500PJMBSFHYC37989</lei>
        <title>Aeroports de Paris EUR3</title>
        <cusip>000000000</cusip>
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          <isin value="FR0010340141"/>
          <ticker value="ADP"/>
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        <balance>2599.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rentokil Initial PLC</name>
        <lei>549300VN4WV7Z6T14K68</lei>
        <title>Rentokil Initial PLC ORD GBP0.01</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B082RF11"/>
          <ticker value="RTO"/>
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        <balance>51142.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SCHOTT Pharma AG &amp; Co KGaA</name>
        <lei>529900TU48UE99NHEY88</lei>
        <title>SCHOTT Pharma AG &amp; Co KGaA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="DE000A3ENQ51"/>
          <ticker value="1SXP"/>
          <other otherDesc="SEDOL" value="BRJ9MM2"/>
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        <balance>1529.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bilfinger SE</name>
        <lei>529900H0HULEN2BZ4604</lei>
        <title>Bilfinger SE NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005909006"/>
          <ticker value="GBF"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rohto Pharmaceutical Co Ltd</name>
        <lei>353800Q1CW5OS81OUM12</lei>
        <title>Rohto Pharmaceutical Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3982400008"/>
          <ticker value="4527"/>
          <other otherDesc="SEDOL" value="6747367"/>
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        <balance>4500.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Traton SE</name>
        <lei>529900UIMQRKPFN6SV80</lei>
        <title>Traton SE NPV (NEW)</title>
        <cusip>000000000</cusip>
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          <isin value="DE000TRAT0N7"/>
          <ticker value="8TRA"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>M3, Inc.</name>
        <lei>3538001UOKRWIODYM055</lei>
        <title>M3, Inc. NPV</title>
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          <isin value="JP3435750009"/>
          <ticker value="2413"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Renishaw PLC</name>
        <lei>21380048ADXM6Z67CT18</lei>
        <title>Renishaw PLC ORD GBP0.20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0007323586"/>
          <ticker value="RSW"/>
          <other otherDesc="SEDOL" value="0732358"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Financiere De Tubize SA</name>
        <lei>549300I1MGC0OK6W8828</lei>
        <title>Financiere De Tubize SA NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003823409"/>
          <ticker value="TUB"/>
          <other otherDesc="SEDOL" value="B0BN7W8"/>
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        <balance>232.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>56669.80000000</valUSD>
        <pctVal>0.035621476744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Guotai Junan International Holdings Ltd.</name>
        <lei>2138006FECWIZUO67V37</lei>
        <title>Guotai Junan International Holdings Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0000065869"/>
          <ticker value="1788"/>
          <other otherDesc="SEDOL" value="B3W1335"/>
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        <balance>130000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84020000"/>
        <valUSD>38468.41000000</valUSD>
        <pctVal>0.024180455413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="36544.69018658"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Rubber Industries Ltd.</name>
        <lei>353800JD4V72SJ3EOX37</lei>
        <title>Sumitomo Rubber Industries Ltd. NPV</title>
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          <isin value="JP3404200002"/>
          <ticker value="5110"/>
          <other otherDesc="SEDOL" value="6858991"/>
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        <balance>9600.00000000</balance>
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        <pctVal>0.076676508166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Solvay NV/SA</name>
        <lei>549300MMVL80RTBP3O28</lei>
        <title>Solvay NV/SA NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003470755"/>
          <ticker value="SOLB"/>
          <other otherDesc="SEDOL" value="4821100"/>
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        <balance>9059.00000000</balance>
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        <valUSD>276183.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lagercrantz Group AB</name>
        <lei>5493002L6I4YHANEYR87</lei>
        <title>Lagercrantz Group AB SER'B'NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0014990966"/>
          <ticker value="LAGRB"/>
          <other otherDesc="SEDOL" value="BMWX9N6"/>
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        <balance>557.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Allreal Holding AG</name>
        <lei>5067006XH174LA44H658</lei>
        <title>Allreal Holding AG CHF1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0008837566"/>
          <ticker value="ALLN"/>
          <other otherDesc="SEDOL" value="5914270"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GEA Group AG</name>
        <lei>549300PHUU0ZZWO8EO07</lei>
        <title>GEA Group AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006602006"/>
          <ticker value="G1A"/>
          <other otherDesc="SEDOL" value="4557104"/>
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        <balance>4324.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Tatemono Co Ltd.</name>
        <lei>529900RQA4JTW1869J86</lei>
        <title>Tokyo Tatemono Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3582600007"/>
          <ticker value="8804"/>
          <other otherDesc="SEDOL" value="6895426"/>
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        <balance>7800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PSP Swiss Property AG</name>
        <lei>50670042Y437P8X44F56</lei>
        <title>PSP Swiss Property AG CHF0.10 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0018294154"/>
          <ticker value="PSPN"/>
          <other otherDesc="SEDOL" value="B012877"/>
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        <balance>1704.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keisei Electric Railway Co Ltd.</name>
        <lei>529900VNP95IIHXPCY17</lei>
        <title>Keisei Electric Railway Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3278600006"/>
          <ticker value="9009"/>
          <other otherDesc="SEDOL" value="6487425"/>
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        <balance>8500.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Airlines Co Ltd.</name>
        <lei>3538002MH5L1QZZ93477</lei>
        <title>Japan Airlines Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3705200008"/>
          <ticker value="9201"/>
          <other otherDesc="SEDOL" value="B8BRV46"/>
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        <balance>14200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Utilities Group PLC</name>
        <lei>2138002IEYQAOC88ZJ59</lei>
        <title>United Utilities Group PLC ORD GBP0.05</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B39J2M42"/>
          <ticker value="UU/"/>
          <other otherDesc="SEDOL" value="B39J2M4"/>
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        <balance>26419.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>458129.12000000</valUSD>
        <pctVal>0.287970590933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Phoenix Financial Ltd.</name>
        <lei>254900IUA68QTCFYHE30</lei>
        <title>Phoenix Financial Ltd. ILS1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0007670123"/>
          <ticker value="PHOE"/>
          <other otherDesc="SEDOL" value="6460590"/>
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        <balance>8495.00000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="3.15750000"/>
        <valUSD>446609.66000000</valUSD>
        <pctVal>0.280729694080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Spirax Group PLC</name>
        <lei>213800WFVZQMHOZP2W17</lei>
        <title>Spirax Group PLC ORD GBP0.269230769</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BWFGQN14"/>
          <ticker value="SPX"/>
          <other otherDesc="SEDOL" value="BWFGQN1"/>
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        <balance>1347.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ackermans &amp; Van Haaren NV</name>
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        <title>Ackermans &amp; Van Haaren NV NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003764785"/>
          <ticker value="ACKB"/>
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        <balance>621.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Galp Energia SGPS SA</name>
        <lei>2138003319Y7NM75FG53</lei>
        <title>Galp Energia SGPS SA EUR1</title>
        <cusip>000000000</cusip>
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          <isin value="PTGAL0AM0009"/>
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          <other otherDesc="SEDOL" value="B1FW751"/>
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        <assetCat>EC</assetCat>
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        <invCountry>PT</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NHK Spring Co Ltd</name>
        <lei>35380033IJ3XRDV8VH57</lei>
        <title>NHK Spring Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3742600004"/>
          <ticker value="5991"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Admiral Group PLC</name>
        <lei>213800FGVM7Z9EJB2685</lei>
        <title>Admiral Group PLC ORD GBP0.001</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B02J6398"/>
          <ticker value="ADM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shurgard Self Storage Ltd</name>
        <lei>549300J0UEIKU81XO336</lei>
        <title>Shurgard Self Storage Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="GG00BQZCBZ44"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United Internet AG</name>
        <lei>3VEKWPJHTD4NKMBVG947</lei>
        <title>United Internet AG NPV</title>
        <cusip>000000000</cusip>
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          <isin value="DE0005089031"/>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Avanza Bank Holding AB</name>
        <lei>549300MBWR5H8SIJLE03</lei>
        <title>Avanza Bank Holding AB NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SE0012454072"/>
          <ticker value="AZA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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      <invstOrSec>
        <name>Acciona SA</name>
        <lei>54930002KP75TLLLNO21</lei>
        <title>Acciona SA EUR1</title>
        <cusip>000000000</cusip>
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          <ticker value="ANA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Straumann Holding AG</name>
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        <title>Straumann Holding AG CHF0.01 (REGD) (POST SPLIT)</title>
        <cusip>000000000</cusip>
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          <ticker value="STMN"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Logitech International SA</name>
        <lei>549300SN6PRK6IJJC215</lei>
        <title>Logitech International SA CHF0.25 (REGD)</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eagers Automotive Ltd.</name>
        <lei>2549009FI5JQMNR9RJ37</lei>
        <title>Eagers Automotive Ltd. ORD NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000APE3"/>
          <ticker value="APE"/>
          <other otherDesc="SEDOL" value="6296201"/>
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        <balance>4708.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.46006700"/>
        <valUSD>72551.47000000</valUSD>
        <pctVal>0.045604369547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Suntory Beverage &amp; Food Ltd</name>
        <lei>549300FONLMVK7YYYH41</lei>
        <title>Suntory Beverage &amp; Food Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3336560002"/>
          <ticker value="2587"/>
          <other otherDesc="SEDOL" value="BBD7Q84"/>
        </identifiers>
        <balance>9100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>256657.87000000</valUSD>
        <pctVal>0.161329885539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monotaro CoLtd</name>
        <lei>5299005JUER5ANXWTC33</lei>
        <title>Monotaro CoLtd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3922950005"/>
          <ticker value="3064"/>
          <other otherDesc="SEDOL" value="B1GHR88"/>
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        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>62159.78000000</valUSD>
        <pctVal>0.039072365840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Takashimaya Co Ltd</name>
        <lei>353800IFO566STDN4V78</lei>
        <title>Takashimaya Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3456000003"/>
          <ticker value="8233"/>
          <other otherDesc="SEDOL" value="6870401"/>
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        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>49566.28000000</valUSD>
        <pctVal>0.031156349419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Swiss Prime Site AG</name>
        <lei>506700XI9H64OPR34158</lei>
        <title>Swiss Prime Site AG CHF2.00 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0008038389"/>
          <ticker value="SPSN"/>
          <other otherDesc="SEDOL" value="B083BH4"/>
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        <balance>2482.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>416987.12000000</valUSD>
        <pctVal>0.262109571550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Square- Enix Holdings Co Ltd.</name>
        <lei>529900KCRNRDF8DIA489</lei>
        <title>Square- Enix Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3164630000"/>
          <ticker value="9684"/>
          <other otherDesc="SEDOL" value="6309262"/>
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        <balance>5500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>86567.35000000</valUSD>
        <pctVal>0.054414464933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ZOZO Inc.</name>
        <lei>549300GC7XPQMZA0OW13</lei>
        <title>ZOZO Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3399310006"/>
          <ticker value="3092"/>
          <other otherDesc="SEDOL" value="B292RC1"/>
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        <balance>23900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>166003.52000000</valUSD>
        <pctVal>0.104346416031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BELIMO Holding AG</name>
        <lei>506700339DLX749VEM23</lei>
        <title>BELIMO Holding AG CHF0.05 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1101098163"/>
          <ticker value="BEAN"/>
          <other otherDesc="SEDOL" value="BP0QDP8"/>
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        <balance>194.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>153427.91000000</valUSD>
        <pctVal>0.096441644897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mizrahi Tefahot Bank Limited</name>
        <lei>YZO9YEGEO4VYDZMDWF93</lei>
        <title>Mizrahi Tefahot Bank Limited ILS0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0006954379"/>
          <ticker value="MZTF"/>
          <other otherDesc="SEDOL" value="6916703"/>
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        <balance>8991.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.15750000"/>
        <valUSD>648661.85000000</valUSD>
        <pctVal>0.407735566472</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>
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      </invstOrSec>
      <invstOrSec>
        <name>KERRY PROPERTIES LTD</name>
        <lei>5299006T5ULIIRZ7LK49</lei>
        <title>Kerry Properties Ltd. ORD HKD1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG524401079"/>
          <ticker value="683"/>
          <other otherDesc="SEDOL" value="6486314"/>
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        <balance>86000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84020000"/>
        <valUSD>239565.32000000</valUSD>
        <pctVal>0.150585858344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Accelleron Industries AG.</name>
        <lei>254900KS0MD2PAARXD14</lei>
        <title>Accelleron Industries AG. CHF0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1169360919"/>
          <ticker value="ACLN"/>
          <other otherDesc="SEDOL" value="BNM73Q6"/>
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        <balance>2359.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>209170.24000000</valUSD>
        <pctVal>0.131480132977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HIROSE ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>Hirose Electric Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3799000009"/>
          <ticker value="6806"/>
          <other otherDesc="SEDOL" value="6428725"/>
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        <balance>875.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>110935.63000000</valUSD>
        <pctVal>0.069731867135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mapfre SA</name>
        <lei>95980020140005693107</lei>
        <title>Mapfre SA EUR0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0124244E34"/>
          <ticker value="MAP"/>
          <other otherDesc="SEDOL" value="B1G40S0"/>
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        <balance>200746.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>882176.32000000</valUSD>
        <pctVal>0.554517984314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDP Renovaveis SA</name>
        <lei>529900MUFAH07Q1TAX06</lei>
        <title>EDP Renovaveis SA EUR5</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0127797019"/>
          <ticker value="EDPR"/>
          <other otherDesc="SEDOL" value="B39GNW2"/>
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        <balance>5786.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>91266.14000000</valUSD>
        <pctVal>0.057368028183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Endeavour Mining PLC</name>
        <lei>529900NI5MXQ91GHXR07</lei>
        <title>Endeavour Mining PLC ORD USD0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BL6K5J42"/>
          <ticker value="EDV"/>
          <other otherDesc="SEDOL" value="BL6K5J4"/>
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        <balance>8562.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>503565.37000000</valUSD>
        <pctVal>0.316530888000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Telia Company AB</name>
        <lei>213800FSR9RNDUOTXO25</lei>
        <title>Telia Company AB NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000667925"/>
          <ticker value="TELIA"/>
          <other otherDesc="SEDOL" value="5978384"/>
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        <balance>206868.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.52625000"/>
        <valUSD>1047559.36000000</valUSD>
        <pctVal>0.658474379313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAWAG Group AG</name>
        <lei>529900S9YO2JHTIIDG38</lei>
        <title>BAWAG Group AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000BAWAG2"/>
          <ticker value="BG"/>
          <other otherDesc="SEDOL" value="BZ1GZ06"/>
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        <balance>4706.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>702181.69000000</valUSD>
        <pctVal>0.441377042813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Trelleborg AB</name>
        <lei>213800XY16PAWG2PAD14</lei>
        <title>Trelleborg AB SER'B'NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000114837"/>
          <ticker value="TRELB"/>
          <other otherDesc="SEDOL" value="4902384"/>
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        <balance>4076.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.52625000"/>
        <valUSD>149241.18000000</valUSD>
        <pctVal>0.093809952085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Finecobank Banca Fineco S.p.A.</name>
        <lei>549300L7YCATGO57ZE10</lei>
        <title>Finecobank Banca Fineco S.p.A. EUR0.33</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0000072170"/>
          <ticker value="FBK"/>
          <other otherDesc="SEDOL" value="BNGN9Z1"/>
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        <balance>32509.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>709245.74000000</valUSD>
        <pctVal>0.445817360103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vallourec SA</name>
        <lei>969500P2Q1B47H4MCJ34</lei>
        <title>Vallourec SA EUR0.02</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013506730"/>
          <ticker value="VK"/>
          <other otherDesc="SEDOL" value="BLGWF90"/>
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        <balance>20809.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>521480.75000000</valUSD>
        <pctVal>0.327792129297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Construction Machinery Co Ltd.</name>
        <lei>5493009B7C53PDH8W826</lei>
        <title>Hitachi Construction Machinery Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3787000003"/>
          <ticker value="6305"/>
          <other otherDesc="SEDOL" value="6429405"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>265057.51000000</valUSD>
        <pctVal>0.166609727375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mycronic AB</name>
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      <invstOrSec>
        <name>Oji Holdings Corp.</name>
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      <invstOrSec>
        <name>Kansai Electric Power Co Inc</name>
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      <invstOrSec>
        <name>Yokohama Rubber Co Ltd</name>
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      <invstOrSec>
        <name>Elia Group SA/NV</name>
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      <invstOrSec>
        <name>Bank of East Asia Ltd. (The)</name>
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        <name>SGH Ltd.</name>
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        <name>Sulzer AG</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Insurance Australia Group Ltd.</name>
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        <name>Sojitz Corp.</name>
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        <name>Energie Versorgung Niederoesterreich AG</name>
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        <invCountry>AT</invCountry>
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        <name>Smiths Group PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Corporacion Acciona Energias Renovables, S.A.</name>
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        <name>UOL Group Ltd.</name>
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        <name>Severn Trent PLC</name>
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        <name>Dai Nippon Printing Co Ltd.</name>
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        <name>Enagas SA</name>
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        <name>CK INFRASTRUCTURE HOLDINGS LTD</name>
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        <name>Takasago Thermal Engineering Co., Ltd.</name>
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        <name>Games Workshop Group PLC</name>
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        <name>Melexis NV</name>
        <lei>549300QRPSGOJRPUFO80</lei>
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        <name>Lion Finance Group PLC</name>
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        <name>Yamada Holdings Co Ltd.</name>
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        <name>STOCKLAND TRUST MANAGEMENT LTD</name>
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          <isin value="JP3820000002"/>
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        <name>Colonial SFL Socimi SA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Infrastrutture Wireless Italiane SpA</name>
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        <name>Dyno Nobel Ltd.</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CK ASSET HOLDINGS LTD</name>
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        <name>Ramelius Resources Ltd.</name>
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        <name>AZBIL CORP</name>
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        <name>Tosoh Corp.</name>
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        <name>SKF AB</name>
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        <name>Tele2 AB (publ)</name>
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        <name>Obayashi Corp.</name>
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        <name>Kikkoman Corp</name>
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        <name>RTL Group</name>
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        <invCountry>LU</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Colruyt Group N.V</name>
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        <title>Colruyt Group N.V NPV</title>
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          <isin value="BE0974256852"/>
          <ticker value="COLR"/>
          <other otherDesc="SEDOL" value="5806225"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>468431.08000000</valUSD>
        <pctVal>0.294446192198</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chiba Bank Ltd.</name>
        <lei>FGJPAKKCTZVSKZXNBS63</lei>
        <title>Chiba Bank Ltd. NPV</title>
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          <isin value="JP3511800009"/>
          <ticker value="8331"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fluidra SA</name>
        <lei>95980020140005026620</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Unipol Assicurazioni S.p.A.</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BREMBO NV</name>
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          <isin value="NL0015001KT6"/>
          <ticker value="BRE"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Skanska AB</name>
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          <isin value="SE0000113250"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TOKYU FUDOSAN HOLDINGS CORP</name>
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          <isin value="JP3569200003"/>
          <ticker value="3289"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SCENTRE GROUP LTD</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Challenger Ltd.</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OBIC CO LTD</name>
        <lei>N/A</lei>
        <title>OBIC Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3173400007"/>
          <ticker value="4684"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Downer EDI Limited</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Perseus Mining Ltd.</name>
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        <title>Perseus Mining Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000PRU3"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>WisdomTree Trust</ncom:nameOfApplicant>
      <ncom:signature>Clint Martin</ncom:signature>
      <ncom:signerName>Clint Martin</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
