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      <invstOrSec>
        <name>TOEI ANIMATION COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Toei Animation Co Ltd. NPV</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Like Co Ltd</name>
        <lei>N/A</lei>
        <title>Like Co Ltd NPV</title>
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          <isin value="JP3386120004"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SCENTRE GROUP LTD</name>
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          <isin value="AU000000SCG8"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CENTURIA CAPITAL LTD</name>
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          <isin value="AU000000CNI5"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Whitehaven Coal Ltd.</name>
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        <title>Whitehaven Coal Ltd. NPV</title>
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          <isin value="AU000000WHC8"/>
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        <fairValLevel>1</fairValLevel>
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        <name>DREY INST PREF GOV MM-M</name>
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          <ticker value="DSVXX"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FAES Farma SA</name>
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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>Telstra Group Ltd.</name>
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        <title>Telstra Group Ltd. NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Skylark Holdings Co Ltd</name>
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        <title>Skylark Holdings Co Ltd NPV</title>
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          <isin value="JP3396210001"/>
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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>Carlsberg A/S</name>
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        <title>Carlsberg A/S SER'B'DKK20</title>
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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>MTI LTD</name>
        <lei>N/A</lei>
        <title>MTI Ltd. NPV</title>
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          <isin value="JP3167480007"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Computacenter PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Senior PLC</name>
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        <title>Senior PLC GBP0.10</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Iren SpA</name>
        <lei>8156001EBD33FD474E60</lei>
        <title>Iren SpA EUR1</title>
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          <isin value="IT0003027817"/>
          <ticker value="IRE"/>
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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>ANZ Group Holdings Ltd.</name>
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        <title>ANZ Group Holdings Ltd. NPV</title>
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        <name>Sega Sammy Holdings Inc.</name>
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          <isin value="JP3419050004"/>
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        <name>Nippon Express Holdings Inc</name>
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          <isin value="JP3688370000"/>
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        <name>Optorun Co Ltd</name>
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        <title>Optorun Co Ltd NPV</title>
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        <invCountry>JP</invCountry>
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        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG USD0.10 (REGD)</title>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Screen Holdings Co Ltd.</name>
        <lei>353800ND89FTQ9XQ0R07</lei>
        <title>Screen Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3494600004"/>
          <ticker value="7735"/>
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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>AZOOM CO LTD</name>
        <lei>N/A</lei>
        <title>AZoom co Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3119880007"/>
          <ticker value="3496"/>
          <other otherDesc="SEDOL" value="BDTM4F0"/>
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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>Nissan Chemical Corp.</name>
        <lei>3538002E4L1CUGJFFU25</lei>
        <title>Nissan Chemical Corp. NPV</title>
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          <isin value="JP3670800006"/>
          <ticker value="4021"/>
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        <name>Coca-Cola HBC AG</name>
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        <name>Kokusai Electric Corp.</name>
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        <name>Santec Holdings Corp.</name>
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        <name>Shurgard Self Storage Ltd</name>
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        <name>Severn Trent PLC</name>
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        <name>Bayerische Motoren Werke AG</name>
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        <name>Syensqo SA</name>
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        <name>Banca Mediolanum SpA</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ConvaTec Group PLC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Big Yellow Group PLC</name>
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          <isin value="GB0002869419"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intelligent Wave Inc</name>
        <lei>N/A</lei>
        <title>Intelligent Wave Inc NPV</title>
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          <isin value="JP3153100007"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Nordnet AB</name>
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        <title>Nordnet AB NPV</title>
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          <isin value="SE0015192067"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PILLAR AMERICA INC</name>
        <lei>N/A</lei>
        <title>Pillar Corp. NPV</title>
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          <isin value="JP3747800005"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Getinge AB</name>
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      <invstOrSec>
        <name>DAI NIPPON TORYO CO LTD</name>
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          <isin value="JP3495400008"/>
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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>Rexel, S.A.</name>
        <lei>969500N6AVPA51648T62</lei>
        <title>Rexel, S.A. EUR5</title>
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          <isin value="FR0010451203"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SOLASTO CORP</name>
        <lei>N/A</lei>
        <title>Solasto Corporation NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3436250009"/>
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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>Sony Group Corp.</name>
        <lei>529900R5WX9N2OI2N910</lei>
        <title>Sony Group Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3435000009"/>
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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>Essity AB</name>
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        <title>Essity AB SER'B'NPV</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AstraZeneca PLC</name>
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        <title>AstraZeneca PLC ORD USD0.25</title>
        <cusip>000000000</cusip>
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        <name>Glory Ltd</name>
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        <name>U-NEXT HOLDINGS CO LTD</name>
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        <name>Yara International ASA</name>
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        <name>Santen Pharmaceutical Co Ltd.</name>
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        <title>Santen Pharmaceutical Co Ltd. NPV</title>
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        <name>Airport Facilities Corporation Limited</name>
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        <title>Airport Facilities Corporation Limited NPV</title>
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        <name>AISAN INDUSTRY CO LTD</name>
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        <name>Japan Tobacco Inc</name>
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        <title>Japan Tobacco Inc NPV</title>
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        <name>Itoham Yonekyu Holdings Inc</name>
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        <name>ABB Ltd.</name>
        <lei>5493000LKVGOO9PELI61</lei>
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        <name>Bank of East Asia Ltd. (The)</name>
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        <name>SCHOTT Pharma AG &amp; Co KGaA</name>
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        <name>Nokian Renkaat Oyj (Nokia Tyres)</name>
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        <name>Taikisha Ltd</name>
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        <name>Subaru Corp.</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Metrovacesa SA</name>
        <lei>959800ZQW44V5U3SEZ73</lei>
        <title>Metrovacesa SA EUR7.2</title>
        <cusip>000000000</cusip>
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          <isin value="ES0105122024"/>
          <ticker value="MVC"/>
          <other otherDesc="SEDOL" value="BFWVPW2"/>
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        <balance>6953.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PZ Cussons PLC</name>
        <lei>XB3CXKKKED7OMV80FY35</lei>
        <title>PZ Cussons PLC ORD GBP0.01</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B19Z1432"/>
          <ticker value="PZC"/>
          <other otherDesc="SEDOL" value="B19Z143"/>
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        <balance>66955.00000000</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>Tokyu Const(New)</name>
        <lei>529900AF5X5AZCMDF192</lei>
        <title>Tokyu Const(New) NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3567410000"/>
          <ticker value="1720"/>
          <other otherDesc="SEDOL" value="6689351"/>
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        <balance>16400.00000000</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>
      <invstOrSec>
        <name>Lifco AB</name>
        <lei>549300RTLL4VDQRCTW41</lei>
        <title>Lifco AB SER'B'NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0015949201"/>
          <ticker value="LIFCOB"/>
          <other otherDesc="SEDOL" value="BL6K7K9"/>
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        <balance>11647.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AZORIM INVESTMENT DEVELOPMENT &amp; COSTRUCTION COMPANY LTD</name>
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          <isin value="IL0007150118"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Israel Canada T.R Ltd.</name>
        <lei>984500FA8AEA2CE5RB18</lei>
        <title>Israel Canada T.R Ltd. ILS1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0004340191"/>
          <ticker value="ISCN"/>
          <other otherDesc="SEDOL" value="6742629"/>
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        <balance>32454.00000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="3.15750000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FUNAI SOKEN HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Funai Soken Holdings Incorporated NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3825800000"/>
          <ticker value="9757"/>
          <other otherDesc="SEDOL" value="6357368"/>
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        <balance>26100.00000000</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>HONGKONG LAND HOLDINGS LTD</name>
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        <title>Hongkong Land Holdings Ltd. ORD USD0.10(SINGAPORE REG)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG4587L1090"/>
          <ticker value="HKL"/>
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        <balance>49400.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>383838.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Workspace Group PLC</name>
        <lei>2138003GUZRFIN3UT430</lei>
        <title>Workspace Group PLC ORD GBP1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B67G5X01"/>
          <ticker value="WKP"/>
          <other otherDesc="SEDOL" value="B67G5X0"/>
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        <balance>9474.00000000</balance>
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        <pctVal>0.006766604383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holding AG CHF0.001</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1499059983"/>
          <ticker value="ROP"/>
          <other otherDesc="SEDOL" value="BTMJD19"/>
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        <balance>16914.00000000</balance>
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        <pctVal>1.050584848964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>Telenor ASA</name>
        <lei>549300IM1QSBY4SLPM26</lei>
        <title>Telenor ASA ORD NOK6</title>
        <cusip>000000000</cusip>
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          <isin value="NO0010063308"/>
          <ticker value="TEL"/>
          <other otherDesc="SEDOL" value="4732495"/>
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        <balance>80770.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TERNA - Rete Elettrica Nazionale S.p.A.</name>
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        <title>TERNA - Rete Elettrica Nazionale S.p.A. ORD EUR0.22</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003242622"/>
          <ticker value="TRN"/>
          <other otherDesc="SEDOL" value="B01BN57"/>
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        <balance>52017.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <pctVal>0.093762061115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JCU CORP</name>
        <lei>N/A</lei>
        <title>JCU Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3166200000"/>
          <ticker value="4975"/>
          <other otherDesc="SEDOL" value="B0QH446"/>
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        <balance>3800.00000000</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>Interparfums SA</name>
        <lei>969500SARWF33OPQED48</lei>
        <title>Interparfums SA EUR3</title>
        <cusip>000000000</cusip>
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          <isin value="FR0004024222"/>
          <ticker value="ITP"/>
          <other otherDesc="SEDOL" value="4433839"/>
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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>Banco de Sabadell SA</name>
        <lei>SI5RG2M0WQQLZCXKRM20</lei>
        <title>Banco de Sabadell SA EUR0.125</title>
        <cusip>000000000</cusip>
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          <isin value="ES0113860A34"/>
          <ticker value="SAB"/>
          <other otherDesc="SEDOL" value="B1X8QN2"/>
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        <balance>121243.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Smartgroup Corp Ltd.</name>
        <lei>254900GHFZAMQGOYO431</lei>
        <title>Smartgroup Corp Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000SIQ4"/>
          <ticker value="SIQ"/>
          <other otherDesc="SEDOL" value="BNB5WS6"/>
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        <balance>3552.00000000</balance>
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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>Japan Lifeline Co Ltd</name>
        <lei>353800QUW6LROZVA6765</lei>
        <title>Japan Lifeline Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3754500001"/>
          <ticker value="7575"/>
          <other otherDesc="SEDOL" value="6093491"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <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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        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Subsea 7 SA</name>
        <lei>222100AIF0CBCY80AH62</lei>
        <title>Subsea 7 SA COM USD2</title>
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          <isin value="LU0075646355"/>
          <ticker value="SUBC"/>
          <other otherDesc="SEDOL" value="5258246"/>
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        <pctVal>0.077023808510</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</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>Ns United Kaiun Kaisha Ltd</name>
        <lei>353800MK2Y7X2PZGXN23</lei>
        <title>Ns United Kaiun Kaisha Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3385000009"/>
          <ticker value="9110"/>
          <other otherDesc="SEDOL" value="6805005"/>
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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>JAC RECRUITMENT COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Jac Recruitment Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3386130003"/>
          <ticker value="2124"/>
          <other otherDesc="SEDOL" value="B1CC1X0"/>
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        <valUSD>98193.48000000</valUSD>
        <pctVal>0.015573406566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TBC Bank Group PLC</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>JARDINE MATHESON HOLDINGS LTD</name>
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          <isin value="BMG507361001"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daihen Corp</name>
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        <title>Daihen Corp NPV</title>
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          <isin value="JP3497800007"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daiichi Life Group Inc.</name>
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          <isin value="JP3476480003"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Sse PLC</name>
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          <isin value="GB0007908733"/>
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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>Munters Group Ab</name>
        <lei>549300KYCB37YAVUV523</lei>
        <title>Munters Group Ab NPV</title>
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          <isin value="SE0009806607"/>
          <ticker value="MTRS"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Yokorei Co Ltd</name>
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        <title>Yokorei Co Ltd NPV</title>
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          <isin value="JP3957000007"/>
          <ticker value="2874"/>
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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>Fuji Electric Co., Ltd.</name>
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        <title>Fuji Electric Co., Ltd. NPV</title>
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          <isin value="JP3820000002"/>
          <ticker value="6504"/>
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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>Murata Manufacturing Co Ltd.</name>
        <lei>529900QZG6DL8ZRI7140</lei>
        <title>Murata Manufacturing Co Ltd. NPV</title>
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          <isin value="JP3914400001"/>
          <ticker value="6981"/>
          <other otherDesc="SEDOL" value="6610403"/>
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        <balance>32700.00000000</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>Daimler Truck Holding AG</name>
        <lei>529900PW78JIYOUBSR24</lei>
        <title>Daimler Truck Holding AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000DTR0CK8"/>
          <ticker value="DTG"/>
          <other otherDesc="SEDOL" value="BP6VLQ4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fanuc Corp.</name>
        <lei>529900QTSW745LOKW705</lei>
        <title>Fanuc Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3802400006"/>
          <ticker value="6954"/>
          <other otherDesc="SEDOL" value="6356934"/>
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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>CHARM CARE CORP</name>
        <lei>N/A</lei>
        <title>Charm Care Corporation NPV</title>
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          <isin value="JP3512740006"/>
          <ticker value="6062"/>
          <other otherDesc="SEDOL" value="B7S3P15"/>
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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>Stolt-Nielsen Ltd</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Resona Holdings Inc.</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>Resona Holdings Inc. NPV</title>
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          <isin value="JP3500610005"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Kemira Oyj</name>
        <lei>74370031Y7RK5H88CQ48</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Next PLC</name>
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        <name>Kyoei Steel Ltd</name>
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        <name>Denso Corp.</name>
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        <title>Denso Corp. NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <name>Hiday Hidaka Corp</name>
        <lei>N/A</lei>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>MAN WAH HOLDINGS LTD</name>
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        <title>Man Wah Holdings Ltd. HKD0.4</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kyoritsu Maintenance Co., Ltd.</name>
        <lei>353800IO2MFHL1NA0986</lei>
        <title>Kyoritsu Maintenance Co., Ltd. NPV</title>
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          <isin value="JP3253900009"/>
          <ticker value="9616"/>
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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>M3, Inc.</name>
        <lei>3538001UOKRWIODYM055</lei>
        <title>M3, Inc. NPV</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>VGP NV</name>
        <lei>315700NENYPIXFR94T49</lei>
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        <cusip>000000000</cusip>
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          <isin value="BE0003878957"/>
          <ticker value="VGP"/>
          <other otherDesc="SEDOL" value="B29L881"/>
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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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      </invstOrSec>
      <invstOrSec>
        <name>SANDS CHINA LTD</name>
        <lei>549300EVO6UZDGY05787</lei>
        <title>Sands China Ltd. USD0.01</title>
        <cusip>000000000</cusip>
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          <isin value="KYG7800X1079"/>
          <ticker value="1928"/>
          <other otherDesc="SEDOL" value="B5B23W2"/>
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        <balance>269200.00000000</balance>
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        <valUSD>566198.31000000</valUSD>
        <pctVal>0.089798594357</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Babcock International Group PLC</name>
        <lei>213800TSKOLX4EU6L377</lei>
        <title>Babcock International Group PLC ORD GBP0.60</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0009697037"/>
          <ticker value="BAB"/>
          <other otherDesc="SEDOL" value="0969703"/>
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        <valUSD>130257.69000000</valUSD>
        <pctVal>0.020658764358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Volvo AB</name>
        <lei>549300HGV012CNC8JD22</lei>
        <title>Volvo AB SER'B'NPV</title>
        <cusip>928856301</cusip>
        <identifiers>
          <isin value="SE0000115446"/>
          <ticker value="VOLVB"/>
          <other otherDesc="SEDOL" value="B1QH830"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rotork PLC</name>
        <lei>213800AH5RZIHGWRJ718</lei>
        <title>Rotork PLC ORD GBP0.005</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BVFNZH21"/>
          <ticker value="ROR"/>
          <other otherDesc="SEDOL" value="BVFNZH2"/>
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        <balance>38610.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Singapore Exchange Ltd.</name>
        <lei>549300IQ650PPXM76X03</lei>
        <title>Singapore Exchange Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1J26887955"/>
          <ticker value="SGX"/>
          <other otherDesc="SEDOL" value="6303866"/>
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        <balance>9400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</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>Paradox Interactive AB (publ)</name>
        <lei>529900QNSZUY53R5WW95</lei>
        <title>Paradox Interactive AB (publ) NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0008294953"/>
          <ticker value="PDX"/>
          <other otherDesc="SEDOL" value="BD4F658"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VTECH HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>VTech Holdings Ltd. USD0.05</title>
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          <isin value="BMG9400S1329"/>
          <ticker value="303"/>
          <other otherDesc="SEDOL" value="6928560"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tomra Systems ASA</name>
        <lei>549300J726JCFJU3VT89</lei>
        <title>Tomra Systems ASA NOK0.50</title>
        <cusip>000000000</cusip>
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          <isin value="NO0012470089"/>
          <ticker value="TOM"/>
          <other otherDesc="SEDOL" value="BPLXRG7"/>
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        <balance>32292.00000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.74095000"/>
        <valUSD>382891.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Commerzbank AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>Commerzbank AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000CBK1001"/>
          <ticker value="CBK"/>
          <other otherDesc="SEDOL" value="B90LKT4"/>
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        <balance>12855.00000000</balance>
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        <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>Noritake Co Ltd</name>
        <lei>529900EN4XJGJXV4A581</lei>
        <title>Noritake Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3763000001"/>
          <ticker value="5331"/>
          <other otherDesc="SEDOL" value="6641522"/>
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        <balance>15800.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eneos Holdings Inc</name>
        <lei>3538001KQ5SAOZSQTT44</lei>
        <title>Eneos Holdings Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3386450005"/>
          <ticker value="5020"/>
          <other otherDesc="SEDOL" value="B627LW9"/>
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        <balance>44800.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>London Stock Exchange Group PLC</name>
        <lei>213800QAUUUP6I445N30</lei>
        <title>London Stock Exchange Group PLC ORD GBP0.06918604</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B0SWJX34"/>
          <ticker value="LSEG"/>
          <other otherDesc="SEDOL" value="B0SWJX3"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NCC AB</name>
        <lei>213800WRGLW3CY4MHW53</lei>
        <title>NCC AB SER'B'NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SE0000117970"/>
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          <other otherDesc="SEDOL" value="4645742"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED LABORATORIES INTERNATIONAL HOLDINGS LTD (THE)</name>
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        <title>United Laboratories International Holdings Ltd HKD0.01</title>
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          <isin value="KYG8813K1085"/>
          <ticker value="3933"/>
          <other otherDesc="SEDOL" value="B1P70H9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AIT CORP</name>
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          <isin value="JP3160050005"/>
          <ticker value="9381"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banco BPM S.p.A.</name>
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          <isin value="IT0005218380"/>
          <ticker value="BAMI"/>
          <other otherDesc="SEDOL" value="BYMD5K9"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIRIUS REAL ESTATE LTD</name>
        <lei>213800NURUF5W8QSK566</lei>
        <title>Sirius Real Estate Ltd. ORD NPV</title>
        <cusip>000000000</cusip>
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          <isin value="GG00B1W3VF54"/>
          <ticker value="SRE"/>
          <other otherDesc="SEDOL" value="B1W3VF5"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Odakyu Electric Railway Co Ltd</name>
        <lei>353800LA6BC6E1MK6U35</lei>
        <title>Odakyu Electric Railway Co Ltd NPV</title>
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          <isin value="JP3196000008"/>
          <ticker value="9007"/>
          <other otherDesc="SEDOL" value="6656106"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tele2 AB (publ)</name>
        <lei>213800EKD193RVI9HL76</lei>
        <title>Tele2 AB (publ) SER'B'NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mersen SA</name>
        <lei>OQXDLNM5DTBULYMF5U27</lei>
        <title>Mersen SA EUR2</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000039620"/>
          <ticker value="MRN"/>
          <other otherDesc="SEDOL" value="5481202"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Veolia Environnement S.A.</name>
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      <invstOrSec>
        <name>Mitsubishi Logisnext Co Ltd</name>
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        <title>Mitsubishi Logisnext Co Ltd NPV</title>
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          <isin value="JP3753800006"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Canon Inc.</name>
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        <title>Canon Inc. NPV</title>
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          <isin value="JP3242800005"/>
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        <fairValLevel>1</fairValLevel>
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        <name>GWA GROUP LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Solvay NV/SA</name>
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        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sika AG</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Asahi Kasei Corp.</name>
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          <isin value="JP3111200006"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Compagnie des Alpes SA</name>
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          <isin value="FR0000053324"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Nippon Paint Holdings Co Ltd.</name>
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          <isin value="JP3749400002"/>
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        <name>Indus Holding Ag</name>
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        <title>Indus Holding Ag NPV</title>
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        <name>ROHM Co Ltd.</name>
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        <name>Lion Finance Group PLC</name>
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        <name>Experian PLC</name>
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        <name>The San-in Godo Bank Ltd.</name>
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        <name>National Grid PLC</name>
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        <name>OKI Electric Industry Co Ltd</name>
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        <name>NEW Wave Group Ab</name>
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        <name>Sotetsu Holdings Inc</name>
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        <name>Engie SA</name>
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        <title>Engie SA EUR1</title>
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        <name>United Overseas Bank Ltd.</name>
        <lei>IO66REGK3RCBAMA8HR66</lei>
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        <name>Banca Monte dei Paschi di Siena S.p.A.</name>
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        <invCountry>IT</invCountry>
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        <name>World Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>World Holdings Co Ltd NPV</title>
        <cusip>000000000</cusip>
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        <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>
      <invstOrSec>
        <name>Ryobi Ltd</name>
        <lei>N/A</lei>
        <title>Ryobi Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3975800008"/>
          <ticker value="5851"/>
          <other otherDesc="SEDOL" value="6762906"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ACS Actividades De Construccion Y Servicios S.A.</name>
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        <title>ACS Actividades De Construccion Y Servicios S.A. EUR0.5</title>
        <cusip>000000000</cusip>
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          <isin value="ES0167050915"/>
          <ticker value="ACS"/>
          <other otherDesc="SEDOL" value="B01FLQ6"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Electric Glass Co Ltd</name>
        <lei>529900NCIGSAX4V03234</lei>
        <title>Nippon Electric Glass Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3733400000"/>
          <ticker value="5214"/>
          <other otherDesc="SEDOL" value="6642666"/>
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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>
      <invstOrSec>
        <name>Leroy Seafood Group ASA</name>
        <lei>5967007LIEEXZXJ2JK50</lei>
        <title>Leroy Seafood Group ASA NOK0.10</title>
        <cusip>000000000</cusip>
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          <isin value="NO0003096208"/>
          <ticker value="LSG"/>
          <other otherDesc="SEDOL" value="4691916"/>
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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>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"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Axa SA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>Axa SA EUR2.29</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000120628"/>
          <ticker value="CS"/>
          <other otherDesc="SEDOL" value="7088429"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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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>
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          <isin value="NO0010631567"/>
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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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        <name>SGS SA</name>
        <lei>2138007JNS19JHNA2336</lei>
        <title>SGS SA CHF0.04 (REGD)</title>
        <cusip>000000000</cusip>
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          <isin value="CH1256740924"/>
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          <other otherDesc="SEDOL" value="BMBQHZ4"/>
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        <balance>5695.00000000</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>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hammerson PLC</name>
        <lei>213800G1C9KKVVDN1A60</lei>
        <title>Hammerson PLC ORD GBP0.05</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BRJQ8J25"/>
          <ticker value="HMSO"/>
          <other otherDesc="SEDOL" value="BRJQ8J2"/>
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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>Reply S.p.A.</name>
        <lei>815600DAEFB0388F3521</lei>
        <title>Reply S.p.A. EUR0.13(POST SUBD)</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005282865"/>
          <ticker value="REY"/>
          <other otherDesc="SEDOL" value="BZ1DZ96"/>
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        <balance>2238.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ferrotec Corp.</name>
        <lei>3538005N4KWZD4R07U97</lei>
        <title>Ferrotec Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3802720007"/>
          <ticker value="6890"/>
          <other otherDesc="SEDOL" value="6354273"/>
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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>GS Yuasa Corp.</name>
        <lei>353800MW7O6PQQHLDR79</lei>
        <title>GS Yuasa Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3385820000"/>
          <ticker value="6674"/>
          <other otherDesc="SEDOL" value="6744250"/>
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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>Aviva PLC</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>Aviva PLC ORD GBP0.328947368</title>
        <cusip>000000000</cusip>
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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>NAGAILEBEN COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Nagaileben Co NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3647000003"/>
          <ticker value="7447"/>
          <other otherDesc="SEDOL" value="6623326"/>
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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>MTG CO LTD</name>
        <lei>N/A</lei>
        <title>MTG Co., Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3167430002"/>
          <ticker value="7806"/>
          <other otherDesc="SEDOL" value="BG1VQG1"/>
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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>Vestas Wind Systems AS</name>
        <lei>549300DYMC8BGZZC8844</lei>
        <title>Vestas Wind Systems AS DKK0.20</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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      <invstOrSec>
        <name>KU HOLDINGS COMPANY LTD</name>
        <lei>N/A</lei>
        <title>KU Holdings Co Ltd NPV</title>
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          <isin value="JP3277300004"/>
          <ticker value="9856"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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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>
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          <isin value="JP3762900003"/>
          <ticker value="3231"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <name>Sanoma OYJ</name>
        <lei>743700XJC24THUPK0S03</lei>
        <title>Sanoma OYJ NPV</title>
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          <ticker value="SANOMA"/>
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        <invCountry>FI</invCountry>
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        <name>Leonardo S.p.A.</name>
        <lei>529900X4EEX1U9LN3U39</lei>
        <title>Leonardo S.p.A. NPV</title>
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          <isin value="IT0003856405"/>
          <ticker value="LDO"/>
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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>Singapore Telecommunications Ltd.</name>
        <lei>2549003XJKIQO8YDYD89</lei>
        <title>Singapore Telecommunications Ltd. NPV(BOARD LOT 100)</title>
        <cusip>000000000</cusip>
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          <ticker value="ST"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</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>Wisetech Global Ltd.</name>
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        <name>Vonovia SE</name>
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      <invstOrSec>
        <name>Food Empire Holdings Ltd</name>
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      <invstOrSec>
        <name>Coca-Cola Europacific Partners PLC</name>
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        <name>Neste Oyj</name>
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        <name>Alimak Group AB</name>
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      <invstOrSec>
        <name>Takara Holdings Inc.</name>
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        <title>Takara Holdings Inc. NPV</title>
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        <name>Harvia Oyj</name>
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      <invstOrSec>
        <name>NIHON NOHYAKU CO LTD</name>
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        <name>AIN HOLDINGS INC</name>
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        <name>Cerillion Plc</name>
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        <name>Credito Emiliano S.p.A.</name>
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        <name>Daito Trust Construction Co Ltd.</name>
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        <name>KEIO CORP</name>
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        <name>HASEKO Corp.</name>
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        <name>USS Co Ltd.</name>
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        <name>Erste Group Bank AG</name>
        <lei>PQOH26KWDF7CG10L6792</lei>
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        <invCountry>AT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Adidas AG</name>
        <lei>549300JSX0Z4CW0V5023</lei>
        <title>Adidas AG NPV (REGD)</title>
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          <isin value="DE000A1EWWW0"/>
          <ticker value="ADS"/>
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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>
      <invstOrSec>
        <name>NIHON FLUSH COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Nihon Flush Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3756230003"/>
          <ticker value="7820"/>
          <other otherDesc="SEDOL" value="B2NJ3J7"/>
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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>PROPNEX LTD</name>
        <lei>N/A</lei>
        <title>Propnex Limited NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SGXE65086469"/>
          <ticker value="PROP"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>SG</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Straumann Holding AG</name>
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          <isin value="CH1175448666"/>
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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>
        <name>Towa Corp</name>
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        <title>Towa Corp NPV</title>
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          <isin value="JP3555700008"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WIIT S.p.A.</name>
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          <isin value="IT0005440893"/>
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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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      <invstOrSec>
        <name>TAKASAGO INTERNATIONAL CORP</name>
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          <isin value="JP3454400007"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Universal Music Group N.V</name>
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          <isin value="NL0015000IY2"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Exosens SA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Create Restaurants Holdings Inc</name>
        <lei>N/A</lei>
        <title>Create Restaurants Holdings Inc NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3269930008"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TOCALO COMPANY LTD</name>
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        <title>Tocalo Co Ltd NPV</title>
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          <isin value="JP3552290003"/>
          <ticker value="3433"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lindab International AB</name>
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          <isin value="SE0001852419"/>
          <ticker value="LIAB"/>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>APA GROUP</name>
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        <name>EURONEXT</name>
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        <name>Sandvik AB</name>
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        <invCountry>SE</invCountry>
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      <invstOrSec>
        <name>Mitsubishi Heavy Industries Ltd.</name>
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        <name>Puuilo Oyj</name>
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        <invCountry>FI</invCountry>
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        <name>Kid ASA</name>
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        <name>ABC-Mart Inc.</name>
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        <title>ABC-Mart Inc. NPV</title>
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        <name>HOOSIERS HOLDINGS CO LTD</name>
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        <title>Hoosiers Holdings Co Ltd. NPV</title>
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        <invCountry>JP</invCountry>
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        <name>Giken Ltd</name>
        <lei>N/A</lei>
        <title>Giken Ltd NPV</title>
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          <ticker value="6289"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Tamura Corp</name>
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        <title>Tamura Corp NPV</title>
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      <invstOrSec>
        <name>Aussie Broadband Ltd</name>
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        <name>Novo Nordisk A/S</name>
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        <name>Epiroc AB</name>
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        <name>Moncler S.p.A.</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Associated British Foods PLC</name>
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          <isin value="GB0006731235"/>
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      <invstOrSec>
        <name>Mitsui Kinzoku Co Ltd.</name>
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          <isin value="JP3888400003"/>
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        <name>KOSHIDAKA HOLDINGS COMPANY LTD</name>
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      <invstOrSec>
        <name>Alfa Financial Software Hldgs Ltd</name>
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      <invstOrSec>
        <name>Yokohama Rubber Co Ltd</name>
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          <isin value="JP3955800002"/>
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        <name>Komatsu Ltd.</name>
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        <name>Unilever PLC</name>
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        <name>Gaztransport Et Technigaz SA</name>
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          <ticker value="GTT"/>
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        <invCountry>FR</invCountry>
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        <name>Wienerberger AG</name>
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        <name>Biprogy Inc</name>
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        <name>Terumo Corp.</name>
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        <name>Central Automotive Products Ltd</name>
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        <name>Hugo Boss AG</name>
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        <name>Keyence Corp.</name>
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        <name>Fujikura Ltd.</name>
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        <name>Friedrich Vorwerk Group SE</name>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>TOSEI CORP</name>
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        <invCountry>JP</invCountry>
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        <name>PS Construction Co Ltd.</name>
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        <name>Elis SA</name>
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      <invstOrSec>
        <name>WH GROUP LTD</name>
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        <name>Games Workshop Group PLC</name>
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        <name>Mcdonald's Holding</name>
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        <name>Power Assets Holdings Ltd.</name>
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        <name>ONO Pharmaceutical Co Ltd</name>
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        <name>NOEVIR HOLDINGS COMPANY LTD</name>
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        <name>AF Gruppen ASA</name>
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        <name>SHOEI COMPANY LTD</name>
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        <name>BASF SE</name>
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        <name>Citizen Watch Co Ltd</name>
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        <name>Beiersdorf AG</name>
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        <name>CA Immobilien Anlagen AG</name>
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        <name>Ayvens SA</name>
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        <name>Nippon Gas Co Ltd</name>
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        <name>Cybozu Inc</name>
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        <name>Swedbank AB (publ)</name>
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        <name>One Software Technologies Ltd</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SHIN NIPPON AIR TECNOLOGIES CO LTD</name>
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        <title>Shin Nippon Air Technologies NPV</title>
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          <isin value="JP3380250005"/>
          <ticker value="1952"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Compagnie Financiere Richemont Sa</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Skanska AB</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank Hapoalim BM</name>
        <lei>B6ARUI4946ST4S7WOU88</lei>
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        <cusip>000000000</cusip>
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          <isin value="IL0006625771"/>
          <ticker value="POLI"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kobe Steel Ltd</name>
        <lei>549300ZDCYYUPHEE5K87</lei>
        <title>Kobe Steel Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3289800009"/>
          <ticker value="5406"/>
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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>Secom Co Ltd</name>
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        <title>Secom Co Ltd NPV</title>
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          <isin value="JP3421800008"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ISHIHARA SANGYO KAISHA LTD</name>
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          <isin value="JP3136800004"/>
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      <invstOrSec>
        <name>SSAB AB</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Seibu Holdings Inc</name>
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        <title>Seibu Holdings Inc NPV</title>
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          <isin value="JP3417200007"/>
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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>TECHNIP ENERGIES NV</name>
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        <title>Technip Energies N V EUR0.01</title>
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          <isin value="NL0014559478"/>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>DnB Bank ASA</name>
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        <title>DnB Bank ASA NOK12.50</title>
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        <assetCat>EC</assetCat>
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        <invCountry>NO</invCountry>
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        <name>Serco Group PLC</name>
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        <title>Serco Group PLC GBP0.02</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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        <name>Anglo American 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>Beijer Alma AB</name>
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        <title>Beijer Alma AB SER'B'NPV</title>
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        <name>Hong Leong Asia Limited</name>
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        <name>DWS Group Gmbh &amp; Co KgaA</name>
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        <name>Computershare Ltd.</name>
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        <title>Computershare Ltd. NPV</title>
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        <name>Oriental Land Co Ltd.</name>
        <lei>353800PIFKBZ6KTU5994</lei>
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        <name>Elmos Semiconductor Se</name>
        <lei>529900UMKKDCAP4P4H63</lei>
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        <name>OKURA INDUSTRIAL CO LTD</name>
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        <title>Okura Industrial Co. Ltd. NPV</title>
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        <name>Mitsui Fudosan Co Ltd.</name>
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        <name>CSL Ltd.</name>
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        <name>Furukawa Co Ltd</name>
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      <invstOrSec>
        <name>Hitachi Construction Machinery Co Ltd.</name>
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        <name>Airtel Africa PLC</name>
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        <name>Sun Hung Kai Properties Ltd.</name>
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        <name>Singapore Technologies Engineering Ltd.</name>
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        <name>Addtech AB</name>
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        <name>TAG Immobilien AG</name>
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          <isin value="DE0008303504"/>
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        <name>Niterra Co Ltd.</name>
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          <isin value="JP3738600000"/>
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        <name>Nippon Thompson Co Ltd</name>
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        <name>Metcash Ltd.</name>
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        <name>Fresenius SE &amp; Co. KGaA</name>
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        <name>Kuehne &amp; Nagel International AG</name>
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        <name>Compania De Distribucion Integral Logista Holdings S.A.U</name>
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        <name>Press Kogyo Co Ltd.</name>
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        <name>Warabeya Nichiyo Holdings Co Ltd</name>
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        <name>Plus500 Ltd.</name>
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      <invstOrSec>
        <name>BHP Group Ltd.</name>
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      <invstOrSec>
        <name>AIDA ENGINEERING LTD</name>
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      <invstOrSec>
        <name>Helical PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FUJIFILM Holdings Corp.</name>
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        <title>FUJIFILM Holdings Corp. NPV</title>
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          <isin value="JP3814000000"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Outokumpu Oyj</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Heiwado Co Ltd</name>
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          <isin value="JP3834400008"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Brunello Cucinelli S.p.A.</name>
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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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      <invstOrSec>
        <name>Asahi Intecc Co Ltd.</name>
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        <title>Asahi Intecc Co Ltd. NPV</title>
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          <isin value="JP3110650003"/>
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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>Hochschild Mining PLC</name>
        <lei>549300JK10TVQ3CCJQ89</lei>
        <title>Hochschild Mining PLC ORD GBP0.01</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B1FW5029"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAR Group Limited</name>
        <lei>5299009TFWZGH2AN7D11</lei>
        <title>CAR Group Limited NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000CAR3"/>
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          <other otherDesc="SEDOL" value="BW0BGZ3"/>
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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>Daiichi Sankyo Co Ltd.</name>
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        <title>Daiichi Sankyo Co Ltd. NPV</title>
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          <isin value="JP3475350009"/>
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        <balance>40500.00000000</balance>
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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>Evolution Mining Ltd.</name>
        <lei>254900BCFW5QO5LW8F27</lei>
        <title>Evolution Mining Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000EVN4"/>
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      <invstOrSec>
        <name>Takasago Thermal Engineering Co., Ltd.</name>
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        <name>Indra Sistemas S.A.</name>
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        <name>Logitech International SA</name>
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        <name>Strauss Group Ltd</name>
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        <name>City Developments Ltd.</name>
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        <name>DISCO CORP</name>
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        <name>Ackermans &amp; Van Haaren NV</name>
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        <name>EssilorLuxottica SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>BRAMBLES LTD</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Meidensha Corporation</name>
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          <isin value="JP3919800007"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Srg Global Ltd</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RIO Tinto Limited</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zenrin Co Ltd</name>
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          <isin value="JP3430400006"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TOKYO OHKA KOGYO CO LTD</name>
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          <isin value="JP3571800006"/>
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      <invstOrSec>
        <name>Colruyt Group N.V</name>
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        <title>Colruyt Group N.V NPV</title>
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          <isin value="BE0974256852"/>
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        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SANOH INDUSTRIAL CO LTD</name>
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        <title>Sanoh Industrial NPV</title>
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          <isin value="JP3325200008"/>
          <ticker value="6584"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Pandora 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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      <invstOrSec>
        <name>Avon Technologies 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>Temenos AG</name>
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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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        <name>OPEN UP GROUP INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Warehouse DE Pauw NV</name>
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        <name>Hoshizaki Corp.</name>
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        <name>Harworth Group Plc</name>
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        <name>JAPAN ELEVATOR SERVICE HOLDINGS CO LTD</name>
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        <name>Dai-Dan Co Ltd</name>
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        <name>Webuild SPA</name>
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        <name>CAREERLINK COMPANY LTD</name>
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        <name>Energean PLC</name>
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        <name>FirstGroup PLC</name>
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        <invCountry>GB</invCountry>
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        <name>Galaxy Entertainment Group Ltd.</name>
        <lei>549300ZSEBV3HR826S10</lei>
        <title>Galaxy Entertainment Group Ltd. NPV</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sisram Medical Ltd</name>
        <lei>N/A</lei>
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          <isin value="IL0011418113"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Klepierre SA</name>
        <lei>969500PB4U31KEFHZ621</lei>
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          <isin value="FR0000121964"/>
          <ticker value="LI"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ryanair Holdings PLC</name>
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        <title>Ryanair Holdings PLC ORD EUR0.006</title>
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          <isin value="IE00BYTBXV33"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tsurumi Manufacturing Co Ltd</name>
        <lei>35380026XBX2I2OGQE92</lei>
        <title>Tsurumi Manufacturing Co Ltd NPV</title>
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          <isin value="JP3536200003"/>
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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>Mips AB</name>
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        <title>Mips AB NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SE0009216278"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rizzoli Corriere Della Sera Mediagroup Spa</name>
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          <isin value="IT0004931496"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>OSG Corporation</name>
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        <title>OSG Corporation NPV</title>
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          <isin value="JP3170800001"/>
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        <fairValLevel>1</fairValLevel>
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        <name>UCB SA</name>
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        <cusip>000000000</cusip>
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          <isin value="BE0003739530"/>
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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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      <invstOrSec>
        <name>DIP CORP</name>
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        <cusip>000000000</cusip>
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          <isin value="JP3548640006"/>
          <ticker value="2379"/>
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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>SalMar ASA</name>
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        <title>SalMar ASA NOK0.25</title>
        <cusip>000000000</cusip>
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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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      <invstOrSec>
        <name>ITV PLC</name>
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        <title>ITV PLC ORD GBP0.10</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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        <name>Atlas Copco AB</name>
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        <title>Atlas Copco AB SER'A'NPV</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SATS Ltd.</name>
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        <invCountry>SG</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kansai Paint Co Ltd.</name>
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          <isin value="JP3229400001"/>
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        <name>EFG International AG</name>
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        <name>Anheuser-Busch Inbev SA/NV</name>
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        <name>Bravida Holding AB</name>
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        <name>Next Vision Stabilized Systems Ltd</name>
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        <name>TPG Telecom Ltd.</name>
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        <name>Resorttrust Inc.</name>
        <lei>353800FM9MYWH105SE11</lei>
        <title>Resorttrust Inc. NPV</title>
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        <name>Oracle Corp Japan</name>
        <lei>529900MIMKY9RU60Z323</lei>
        <title>Oracle Corp Japan NPV</title>
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        <invCountry>JP</invCountry>
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        <name>ROUND ONE CORP</name>
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      <invstOrSec>
        <name>Dicker Data Ltd</name>
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      <invstOrSec>
        <name>TOKYO ELECTRON DEVICE LTD</name>
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          <isin value="JP3571600000"/>
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        <name>Compass Group PLC</name>
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        <name>Delek Group Ltd.</name>
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        <title>Delek Group Ltd. ILS1</title>
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        <name>Swire Properties Ltd.</name>
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        <title>Swire Properties Ltd. HKD1</title>
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          <isin value="HK0000063609"/>
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        <name>Shimizu Corp.</name>
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        <name>Zensho Holdings Co., Ltd.</name>
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          <isin value="JP3429300001"/>
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        <name>Sonova Holding AG</name>
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        <name>The Property Franchise Group Inc</name>
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        <title>The Property Franchise Group Inc ORD GBP0.01</title>
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        <name>RAMI LEVI CHAIN STORES HASHIKMA MARKETING 2006 LTD</name>
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        <name>IHI Corp.</name>
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        <title>IHI Corp. NPV</title>
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        <name>Addnode Group AB</name>
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        <name>Givaudan SA</name>
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        <name>Kansai Electric Power Co Inc</name>
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        <name>NITTOC CONSTRUCTION CO LTD</name>
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        <name>LY Corporation</name>
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        <name>Miura Co Ltd</name>
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        <name>SG HOLDINGS CO LTD</name>
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      <invstOrSec>
        <name>COSMOS PHARMACEUTICAL CORP</name>
        <lei>N/A</lei>
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          <isin value="JP3298400007"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AS ONE CORP</name>
        <lei>N/A</lei>
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          <isin value="JP3131300000"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vossloh AG</name>
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          <isin value="DE0007667107"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Japan Post Holdings Co Ltd.</name>
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        <title>Japan Post Holdings Co Ltd. NPV</title>
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          <isin value="JP3752900005"/>
          <ticker value="6178"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lisi SA</name>
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          <isin value="FR0000050353"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AURA INVESTMENTS LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Balfour Beatty PLC</name>
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          <isin value="GB0000961622"/>
          <ticker value="BBY"/>
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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>NP3 Fastigheter AB (publ)</name>
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        <title>NP3 Fastigheter AB (publ) NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SE0006342333"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mycronic AB</name>
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        <title>Mycronic AB NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SE0025158629"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Holcim AG</name>
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        <title>Holcim AG CHF2 (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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        <name>Keppel Infrastructure Trust</name>
        <lei>254900BF7L1ZCMAZS467</lei>
        <title>Keppel Infrastructure Trust WEF 2015</title>
        <cusip>000000000</cusip>
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          <isin value="SG1U48933923"/>
          <ticker value="KIT"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SG</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>DENTSU SOKEN INC</name>
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        <title>Dentsu Soken Inc. NPV</title>
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          <isin value="JP3551530003"/>
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        <name>Chugoku Marine Paints Ltd</name>
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        <title>Chugoku Marine Paints Ltd NPV</title>
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        <name>Maas Group Holdings Limited</name>
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        <name>Fluidra SA</name>
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        <name>ElEn Spa</name>
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        <name>Suzuki Motor Corp.</name>
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        <name>Yonex Co Ltd</name>
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        <name>Strabag SE</name>
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        <name>Chubu Electric Power Co Inc.</name>
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        <name>Tokyo Electron Ltd.</name>
        <lei>549300H5LSF8DP3RIJ34</lei>
        <title>Tokyo Electron Ltd. NPV</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>EDP SA</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP SA EUR1(REGD)</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Meiko Electronics Co Ltd.</name>
        <lei>529900LGRXWX2ACMWR86</lei>
        <title>Meiko Electronics Co Ltd. NPV</title>
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          <isin value="JP3915350007"/>
          <ticker value="6787"/>
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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>Renishaw PLC</name>
        <lei>21380048ADXM6Z67CT18</lei>
        <title>Renishaw PLC ORD GBP0.20</title>
        <cusip>000000000</cusip>
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          <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>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ebara Corp.</name>
        <lei>353800UV8U3SOMCDTI49</lei>
        <title>Ebara Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3166000004"/>
          <ticker value="6361"/>
          <other otherDesc="SEDOL" value="6302700"/>
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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>QBE Insurance Group Ltd.</name>
        <lei>549300D2FBW76FPUSG65</lei>
        <title>QBE Insurance Group Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000QBE9"/>
          <ticker value="QBE"/>
          <other otherDesc="SEDOL" value="6715740"/>
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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>DEXERIALS CORP</name>
        <lei>N/A</lei>
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          <isin value="JP3548770001"/>
          <ticker value="4980"/>
          <other otherDesc="SEDOL" value="BYP97J7"/>
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        <balance>16400.00000000</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>Compagnie Generale des Etablissements Michelin</name>
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        <title>Compagnie Generale des Etablissements Michelin EUR0.50 (POST SUBDIVISION)</title>
        <cusip>000000000</cusip>
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          <isin value="FR001400AJ45"/>
          <ticker value="ML"/>
          <other otherDesc="SEDOL" value="BPBPJ01"/>
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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>Wereldhave NV</name>
        <lei>724500YRQCY3BD9RJZ92</lei>
        <title>Wereldhave NV EUR1</title>
        <cusip>000000000</cusip>
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          <isin value="NL0000289213"/>
          <ticker value="WHA"/>
          <other otherDesc="SEDOL" value="4948623"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQT AB</name>
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        <title>EQT AB NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0012853455"/>
          <ticker value="EQT"/>
          <other otherDesc="SEDOL" value="BJ7W9K4"/>
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        <balance>9245.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sainsbury (J) PLC</name>
        <lei>213800VGZAAJIKJ9Y484</lei>
        <title>Sainsbury (J) PLC ORD GBP0.28571428</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B019KW72"/>
          <ticker value="SBRY"/>
          <other otherDesc="SEDOL" value="B019KW7"/>
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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>
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      <invstOrSec>
        <name>AIB Group PLC</name>
        <lei>635400AKJBGNS5WNQL34</lei>
        <title>AIB Group PLC ORD EUR0.625</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BF0L3536"/>
          <ticker value="AIBG"/>
          <other otherDesc="SEDOL" value="BF0L353"/>
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        <balance>62475.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tesco PLC</name>
        <lei>2138002P5RNKC5W2JZ46</lei>
        <title>Tesco PLC ORD GBP0.0633333</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BLGZ9862"/>
          <ticker value="TSCO"/>
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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>
        <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>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Weir Group PLC</name>
        <lei>549300KDR56WHY9I3D10</lei>
        <title>Weir Group PLC ORD GBP0.125</title>
        <cusip>000000000</cusip>
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          <isin value="GB0009465807"/>
          <ticker value="WEIR"/>
          <other otherDesc="SEDOL" value="0946580"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IMI PLC</name>
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        <title>IMI PLC ORD GBP0.28571428</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>A2A S.p.A.</name>
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        <title>A2A S.p.A. EUR0.52</title>
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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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      <invstOrSec>
        <name>Toyota Motor Corp.</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>Toyota Motor Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3633400001"/>
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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>Baltic Classifieds Group PLC</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IYOGIN HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Iyogin Holdings Inc. NPV</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>AMOT INVESTMENTS LTD</name>
        <lei>N/A</lei>
        <title>Amot Investments Limited ILS1</title>
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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>Rockwool A/S</name>
        <lei>213800QRC7LNX935OZ09</lei>
        <title>Rockwool A/S SER'B'DKK1</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kao Corp.</name>
        <lei>353800HM38HFCB8RGL63</lei>
        <title>Kao Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3205800000"/>
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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>H Lundbeck A S</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SAKATA SEED CORP</name>
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          <isin value="JP3315000004"/>
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      <invstOrSec>
        <name>Aixtron SE</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CK ASSET HOLDINGS LTD</name>
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      <invstOrSec>
        <name>Bumitama Agri Ltd</name>
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        <title>Bumitama Agri Ltd NPV</title>
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          <isin value="SG2E67980267"/>
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        <name>MAX Co Ltd</name>
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        <title>MAX Co Ltd NPV</title>
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          <isin value="JP3864800002"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Telefonaktiebolaget LM Ericsson (publ)</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Dassault Aviation SA</name>
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        <name>KYB Corporation</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FUSO PHARMACEUTICAL INDUSTRIES LTD</name>
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          <isin value="JP3823600006"/>
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      <invstOrSec>
        <name>KOTOBUKI SPIRITS COMPANY LTD</name>
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        <name>Bekaert SA</name>
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        <name>Morgan Sindall Group PLC</name>
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        <name>Tokuyama Corp</name>
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        <name>Mizrahi Tefahot Bank Limited</name>
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        <name>Frontline Plc</name>
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        <title>Frontline Plc COM</title>
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        <name>Konami Group Corp.</name>
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        <name>Deutsche Telekom AG</name>
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        <name>Diploma PLC</name>
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        <name>Truecaller AB</name>
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        <name>Schindler Holding AG</name>
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        <name>Galenica AG</name>
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      <invstOrSec>
        <name>Aucnet Inc</name>
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          <isin value="JP3172060000"/>
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        <fairValLevel>1</fairValLevel>
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        <name>HOYA Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NSD COMPANY LTD</name>
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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>Systemair AB</name>
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      <invstOrSec>
        <name>INTEGRAL DIAGNOSTICS LTD</name>
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        <name>MITSUBOSHI BELTING LTD</name>
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        <name>Wesfarmers Ltd.</name>
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        <name>Keeper Technical Laboratory Co Ltd</name>
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        <name>CTS COMPANY LTD</name>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>YOKOHAMA FINANCIAL GROUP INC</name>
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        <name>JB Hi-Fi Ltd.</name>
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        <name>Toridoll Holdings Corporation</name>
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      <invstOrSec>
        <name>FIRST PACIFIC COMPANY LTD</name>
        <lei>254900VS1MDQSDM9DE09</lei>
        <title>First Pacific Co Ltd. USD0.01</title>
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        <invCountry>BM</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sanlorenzo S.p.A.</name>
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        <title>Sanlorenzo S.p.A. NPV</title>
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        <name>MATRIX IT LTD</name>
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          <isin value="IL0004450156"/>
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      <invstOrSec>
        <name>Safestore Holdings PLC</name>
        <lei>213800WGA3YSJC1YOH73</lei>
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      <invstOrSec>
        <name>SGH Ltd.</name>
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        <name>HIROSE ELECTRIC CO LTD</name>
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          <isin value="JP3799000009"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Sanofi SA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Eiffage SA</name>
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          <isin value="FR0000130452"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Saab AB</name>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Enel S.p.A.</name>
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          <isin value="IT0003128367"/>
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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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      <invstOrSec>
        <name>Takeda Pharmaceutical Co Ltd.</name>
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          <isin value="JP3463000004"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Acerinox SA</name>
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        <name>Panasonic Holdings Corp.</name>
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        <name>Barco NV</name>
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        <name>Ajinomoto Co Inc.</name>
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        <name>Vulcan Steel Ltd.</name>
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        <name>ICL Group Ltd</name>
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        <name>Rohto Pharmaceutical Co Ltd</name>
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        <name>Fomento De Construcciones Y Contratas SA</name>
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        <name>Prada S.p.A.</name>
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        <name>Forfarmers Nv</name>
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        <name>Symrise AG</name>
        <lei>529900D82I6R9601CF26</lei>
        <title>Symrise AG NPV (BR)</title>
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        <invCountry>DE</invCountry>
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        <name>MONOGATARI CORP (THE)</name>
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      <invstOrSec>
        <name>Johnson Matthey Bankers Ltd</name>
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      <invstOrSec>
        <name>AEGON LTD</name>
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        <name>Greggs PLC</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>East Japan Railway Co.</name>
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          <isin value="JP3783600004"/>
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        <name>SBS Holdings Inc</name>
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          <isin value="JP3163500006"/>
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        <name>NIPPON SODA CO LTD</name>
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          <isin value="JP3726200003"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Shell PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Buzzi S.p.A.</name>
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        <name>YOSHINOYA HOLDINGS COMPANY LTD</name>
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        <name>Sompo Holdings Inc.</name>
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        <name>ROYAL HOLDINGS COMPANY LTD</name>
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        <name>Industrie De Nora S.p.A</name>
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        <name>Galderma Group AG</name>
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        <name>Globeride Inc</name>
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        <name>Enplas Corp</name>
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        <name>Gestamp Automocion S A</name>
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        <name>Inpex Corp.</name>
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        <title>Inpex Corp. NPV</title>
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        <name>Hill &amp; Smith PLC</name>
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        <title>Hill &amp; Smith PLC ORD GBP0.25</title>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>PCCW Ltd.</name>
        <lei>254900SI7GPUPA1TJX39</lei>
        <title>PCCW Ltd. NPV</title>
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          <isin value="HK0008011667"/>
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        <invCountry>HK</invCountry>
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      <invstOrSec>
        <name>Bandai Namco Holdings Inc.</name>
        <lei>3538008EFEM34VRJDQ95</lei>
        <title>Bandai Namco Holdings Inc. NPV</title>
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          <isin value="JP3778630008"/>
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      <invstOrSec>
        <name>Beijer Ref AB</name>
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      <invstOrSec>
        <name>Shin-Etsu Chemical Co Ltd.</name>
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          <isin value="JP3371200001"/>
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        <name>Acciona SA</name>
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        <name>Worley Ltd.</name>
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        <name>Corporacion Acciona Energias Renovables, S.A.</name>
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        <name>Wallenius Wilhelmsen ASA</name>
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        <name>UT GROUP CO LTD</name>
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        <name>Riken Keiki Co Ltd</name>
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        <name>Heba Fastighets Ab</name>
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        <name>Telekom Austria AG</name>
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        <name>Veidekke ASA</name>
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        <name>ADV Med Solutions</name>
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        <name>Smiths Group PLC</name>
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        <name>AZRIELI GROUP LTD</name>
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        <name>Perseus Mining Ltd.</name>
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        <name>Qol Holdings Co Ltd</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fast Retailing Co Ltd.</name>
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        <name>SHIBAURA MECHATRONICS CORP</name>
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        <name>Aeroports de Paris</name>
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      <invstOrSec>
        <name>Bridgestone Corp.</name>
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          <isin value="JP3830800003"/>
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        <name>The 77 Bank Ltd</name>
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        <name>Taiyo Yuden Co Ltd.</name>
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          <isin value="JP3452000007"/>
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        <name>Shin Nippon Biomedical Laboratories Ltd.</name>
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          <isin value="JP3379950003"/>
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        <name>Bufab Ab</name>
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        <name>HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LTD</name>
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        <name>Sundrug Co Ltd</name>
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        <name>PARK 24 Co Ltd.</name>
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        <name>Sampo PLC</name>
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        <name>ANYCOLOR INC</name>
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        <name>Rolls-Royce Holdings PLC</name>
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        <name>Atlas Copco AB</name>
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        <name>ITOCHU Corp.</name>
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        <name>Sagax AB</name>
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        <name>Vinci SA</name>
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        <name>ARCS COMPANY LTD</name>
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        <name>SkiStar AB</name>
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        <name>Koninklijke Ahold Delhaize NV</name>
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        <name>Astena Holdings Co Ltd</name>
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          <isin value="JP3150000002"/>
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        <name>Cathay Pacific Airways Ltd.</name>
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        <name>Toyo Suisan Kaisha Ltd</name>
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        <name>Nomura Micro Scien</name>
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        <name>AAK AB</name>
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        <name>Mitie Group PLC</name>
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      <invstOrSec>
        <name>Misumi Group Inc.</name>
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        <name>Toyota Tsusho Corp.</name>
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        <name>MACMAHON HOLDINGS LTD</name>
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        <name>Dyno Nobel Ltd.</name>
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        <name>Sacyr SA</name>
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        <name>Barr(Ag)</name>
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        <name>THK CO LTD</name>
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        <name>Sumitomo Rubber Industries Ltd.</name>
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        <name>Mitsubishi UFJ Financial Group Inc.</name>
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        <name>MITSUBISHI RESEARCH INSTITUTE INC</name>
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        <name>Evolution AB</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Kontron AG</name>
        <lei>5299002PSXXMVHB26433</lei>
        <title>Kontron AG NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AT0000A0E9W5"/>
          <ticker value="KTN"/>
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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>
      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA EUR0.50(REGD)</title>
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          <isin value="ES0113900J37"/>
          <ticker value="SAN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Harima Chemicals Group Inc</name>
        <lei>N/A</lei>
        <title>Harima Chemicals Group Inc NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3772600007"/>
          <ticker value="4410"/>
          <other otherDesc="SEDOL" value="6409838"/>
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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>Tryg AS</name>
        <lei>213800ZRS8AC4LSTCE39</lei>
        <title>Tryg AS DKK5</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0060636678"/>
          <ticker value="TRYG"/>
          <other otherDesc="SEDOL" value="BXDZ972"/>
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        <balance>2297.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Helia Group Ltd.</name>
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        <title>Helia Group Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU0000251498"/>
          <ticker value="HLI"/>
          <other otherDesc="SEDOL" value="BP5HL07"/>
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        <balance>18062.00000000</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>BTG Consulting PLC</name>
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        <title>BTG Consulting PLC ORD GBP0.05</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B0305S97"/>
          <ticker value="BTG"/>
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        <balance>48918.00000000</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>
        <name>WYNN MACAU LTD</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd. HKD0.001</title>
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          <isin value="KYG981491007"/>
          <ticker value="1128"/>
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        <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>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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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PSP Swiss Property AG</name>
        <lei>50670042Y437P8X44F56</lei>
        <title>PSP Swiss Property AG CHF0.10 (REGD)</title>
        <cusip>000000000</cusip>
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          <isin value="CH0018294154"/>
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          <other otherDesc="SEDOL" value="B012877"/>
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        <balance>1439.00000000</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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      <invstOrSec>
        <name>Okabe Co Ltd</name>
        <lei>N/A</lei>
        <title>Okabe Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3192000002"/>
          <ticker value="5959"/>
          <other otherDesc="SEDOL" value="6657745"/>
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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>AZBIL CORP</name>
        <lei>N/A</lei>
        <title>Azbil Corp. NPV</title>
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          <isin value="JP3937200008"/>
          <ticker value="6845"/>
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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>Hong Kong Exchanges &amp; Clearing Ltd.</name>
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        <title>Hong Kong Exchanges &amp; Clearing Ltd. NPV</title>
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          <isin value="HK0388045442"/>
          <ticker value="388"/>
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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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      <invstOrSec>
        <name>Rai Way S.p.A</name>
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          <isin value="IT0005054967"/>
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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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      <invstOrSec>
        <name>KUREHA CORP</name>
        <lei>N/A</lei>
        <title>Kureha Corp. NPV</title>
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          <isin value="JP3271600003"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Norconsult ASA</name>
        <lei>635400VFBLRSFRXLGQ03</lei>
        <title>Norconsult ASA NOK0.02</title>
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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>PROPEL FUNERAL PARTNERS LTD</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pan African Resources PLC</name>
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        <title>Pan African Resources PLC ORD GBP0.01</title>
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          <isin value="GB0004300496"/>
          <ticker value="PAF"/>
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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>Furukawa Electric Co Ltd.</name>
        <lei>353800TJR1DQ3P1QR918</lei>
        <title>Furukawa Electric Co Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3827200001"/>
          <ticker value="5801"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Daiki Aluminium Industry Co Ltd</name>
        <lei>353800ETXWM22FC94B33</lei>
        <title>Daiki Aluminium Industry Co Ltd NPV</title>
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          <isin value="JP3480600000"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Marks &amp; Spencer Group PLC</name>
        <lei>213800EJP14A79ZG1X44</lei>
        <title>Marks &amp; Spencer Group PLC ORD GBP0.01</title>
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          <ticker value="MKS"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Swire Pacific Ltd.</name>
        <lei>549300KZOZHII0DGF611</lei>
        <title>Swire Pacific Ltd. 'B' NPV</title>
        <cusip>000000000</cusip>
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          <isin value="HK0087000532"/>
          <ticker value="87"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Zurich Insurance Group AG</name>
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        <name>Vend Marketplaces ASA</name>
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        <name>Daiwa House Industry Co Ltd.</name>
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        <name>Melexis NV</name>
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        <name>Astellas Pharma Inc.</name>
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        <name>SSAB AB</name>
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        <name>Corem Property Group AB</name>
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      <invstOrSec>
        <name>Cochlear Ltd</name>
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      <invstOrSec>
        <name>C. UYEMURA &amp; COMPANY LTD</name>
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        <name>Eckert &amp; Ziegler SE</name>
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        <name>GALILEI CO LTD</name>
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        <name>Coats Group PLC</name>
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        <name>ICHIGO INC</name>
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        <name>Kurita Water Industries Ltd.</name>
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        <name>Nikkon Holdings Co Ltd</name>
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        <name>Jalco Holdings Inc</name>
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        <name>Maeda Kosen Co Ltd</name>
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        <name>Sumitomo Bakelite Co Ltd</name>
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        <name>SUN FRONTIER FUDOUSAN COMPANY LTD</name>
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        <title>Sun Frontier Fudosan Co Ltd NPV</title>
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      <invstOrSec>
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      <invstOrSec>
        <name>Kh Neochem Co Ltd</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Orange SA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Caixabank S.A.</name>
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      <invstOrSec>
        <name>Keppel Ltd.</name>
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        <name>BP PLC</name>
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        <name>Elan Corp. (Japan)</name>
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        <name>Hera SpA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Waypoint Reit Ltd.</name>
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        <name>SBI Holdings Inc</name>
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        <name>Hafnia Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vstecs Holdings Ltd</name>
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        <name>SAKAI MOVING SERVICE COMPANY LTD</name>
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        <name>Axfood AB</name>
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        <name>SKF AB</name>
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        <name>Are Holdings Inc.</name>
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        <name>Hermes International</name>
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        <name>Aisin Corp.</name>
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        <name>Rigaku Holdings Corp.</name>
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        <invCountry>JP</invCountry>
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        <name>Nidec Corp.</name>
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        <title>Nidec Corp. NPV</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Zeon Corp.</name>
        <lei>529900UEFURDYZ4F4U10</lei>
        <title>Zeon Corp. NPV</title>
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        <name>Almirall SA</name>
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        <name>Canon Marketing Japan Inc.</name>
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        <name>STOCKLAND TRUST MANAGEMENT LTD</name>
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        <name>Toho Co Ltd.</name>
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        <name>NEXTAGE CO LTD</name>
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        <name>Northern Star Resources Ltd.</name>
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      <invstOrSec>
        <name>Kuraray Co Ltd</name>
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      <invstOrSec>
        <name>Harmonic Drive Systems Inc.</name>
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      <invstOrSec>
        <name>Pexip Holding ASA</name>
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      <invstOrSec>
        <name>Shionogi &amp; Co Ltd.</name>
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      <invstOrSec>
        <name>Valmet Oyj</name>
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        <invCountry>FI</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MODEC INC</name>
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        <title>Modec Inc(Japan) NPV</title>
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          <isin value="JP3888250002"/>
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        <name>BOC Hong Kong (Holdings) Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Comet Holdings AG</name>
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          <isin value="CH0360826991"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Tisi Inc.</name>
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        <title>Tisi Inc. NPV</title>
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          <isin value="JP3104890003"/>
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        <name>H.U. Group Holdings Inc</name>
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          <isin value="JP3822000000"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Koninklijke Vopak N.V.</name>
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        <name>MEIWA CORP</name>
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        <name>Sunrise Communications AG</name>
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        <name>Amada Co Ltd</name>
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        <name>Kering S.A.</name>
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        <name>Nomura Co Ltd</name>
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        <name>Japan Airport Terminal Co. Ltd.</name>
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        <name>Informa PLC</name>
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        <name>Bachem Holding AG</name>
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        <name>Idemitsu Kosan Co.,Ltd.</name>
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        <title>Idemitsu Kosan Co.,Ltd. NPV</title>
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        <name>Jumbo Interactive Ltd.</name>
        <lei>52990094T9F7X0NC0X54</lei>
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        <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>SBM Offshore NV</name>
        <lei>549300RDGCRYZ5QE6513</lei>
        <title>SBM Offshore NV EUR0.25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0000360618"/>
          <ticker value="SBMO"/>
          <other otherDesc="SEDOL" value="B156T57"/>
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        <balance>2384.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>95095.75000000</valUSD>
        <pctVal>0.015082109092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</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>Yamaichi Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Yamaichi Electronics Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3934200001"/>
          <ticker value="6941"/>
          <other otherDesc="SEDOL" value="6985673"/>
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        <balance>1900.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>88138.79000000</valUSD>
        <pctVal>0.013978740859</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>Schneider Electric SE</name>
        <lei>969500A1YF1XUYYXS284</lei>
        <title>Schneider Electric SE EUR4.00</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121972"/>
          <ticker value="SU"/>
          <other otherDesc="SEDOL" value="4834108"/>
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        <balance>7976.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <pctVal>0.333917372721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</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>BioGaia AB</name>
        <lei>549300UBUJOY2L7TT361</lei>
        <title>BioGaia AB SER'B'NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0017769995"/>
          <ticker value="BIOGB"/>
          <other otherDesc="SEDOL" value="BPX36K2"/>
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        <balance>15042.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.52625000"/>
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        <pctVal>0.029901219489</pctVal>
        <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>
      <invstOrSec>
        <name>INFICON Holding AG</name>
        <lei>5067008UT6890I0YM937</lei>
        <title>INFICON Holding AG CHF0.5 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1431598916"/>
          <ticker value="IFCN"/>
          <other otherDesc="SEDOL" value="BNBQ7P1"/>
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        <balance>2764.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>341909.78000000</valUSD>
        <pctVal>0.054226614772</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>InterContinental Hotels Group PLC</name>
        <lei>2138007ZFQYRUSLU3J98</lei>
        <title>InterContinental Hotels Group PLC ORD GBP0.208521303</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BHJYC057"/>
          <ticker value="IHG"/>
          <other otherDesc="SEDOL" value="BHJYC05"/>
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        <balance>4786.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>624094.40000000</valUSD>
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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>
      <invstOrSec>
        <name>A&amp;D Holon Holdings Company Ltd</name>
        <lei>N/A</lei>
        <title>A&amp;D Holon Holdings Company Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3160130005"/>
          <ticker value="7745"/>
          <other otherDesc="SEDOL" value="6601388"/>
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        <balance>5700.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <pctVal>0.014211719899</pctVal>
        <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>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>3702.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>261045.16000000</valUSD>
        <pctVal>0.041401551395</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>Scout24 SE</name>
        <lei>5493007EIKM2ENQS7U66</lei>
        <title>Scout24 SE NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A12DM80"/>
          <ticker value="G24"/>
          <other otherDesc="SEDOL" value="BYT9340"/>
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        <balance>4823.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>366765.95000000</valUSD>
        <pctVal>0.058168783245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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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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        <balance>25500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>464350.37000000</valUSD>
        <pctVal>0.073645593388</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>Kyokuto Boeki Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Kyokuto Boeki Kaisha Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3257000004"/>
          <ticker value="8093"/>
          <other otherDesc="SEDOL" value="6498654"/>
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        <balance>10000.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nomura Research Institute Ltd</name>
        <lei>5299005F1HCVF4M4QN79</lei>
        <title>Nomura Research Institute Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3762800005"/>
          <ticker value="4307"/>
          <other otherDesc="SEDOL" value="6390921"/>
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        <balance>14100.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV EUR0.05 (N SHARES)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013654783"/>
          <ticker value="PRX"/>
          <other otherDesc="SEDOL" value="BJDS7L3"/>
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        <balance>12506.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <pctVal>0.089081811653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sankyo Co Ltd</name>
        <lei>3538009H2R9ZBZAOAK48</lei>
        <title>Sankyo Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3326410002"/>
          <ticker value="6417"/>
          <other otherDesc="SEDOL" value="6775432"/>
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        <balance>16200.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Infrastrutture Wireless Italiane SpA</name>
        <lei>81560066183FE361C071</lei>
        <title>Infrastrutture Wireless Italiane SpA NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005090300"/>
          <ticker value="INW"/>
          <other otherDesc="SEDOL" value="BZ0P4R4"/>
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        <balance>47769.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Accor SA</name>
        <lei>969500QZC2Q0TK11NV07</lei>
        <title>Accor SA EUR3</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120404"/>
          <ticker value="AC"/>
          <other otherDesc="SEDOL" value="5852842"/>
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        <balance>11132.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Comfortdelgro Corp Ltd.</name>
        <lei>2549005O5PVA2JCH6Q33</lei>
        <title>Comfortdelgro Corp Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SG1N31909426"/>
          <ticker value="CD"/>
          <other otherDesc="SEDOL" value="6603737"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED SUPER MARKETS HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>United Super Markets Hldgs Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3949450005"/>
          <ticker value="3222"/>
          <other otherDesc="SEDOL" value="BVZ6XS8"/>
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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>Matching Service Japan Co Ltd</name>
        <lei>N/A</lei>
        <title>Matching Service Japan Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3167330004"/>
          <ticker value="6539"/>
          <other otherDesc="SEDOL" value="BZ19ZZ0"/>
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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>
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      <invstOrSec>
        <name>Vodafone Group PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC ORD USD0.2095238</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BH4HKS39"/>
          <ticker value="VOD"/>
          <other otherDesc="SEDOL" value="BH4HKS3"/>
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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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vallourec SA</name>
        <lei>969500P2Q1B47H4MCJ34</lei>
        <title>Vallourec SA EUR0.02</title>
        <cusip>000000000</cusip>
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          <isin value="FR0013506730"/>
          <ticker value="VK"/>
          <other otherDesc="SEDOL" value="BLGWF90"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GREMS INC</name>
        <lei>N/A</lei>
        <title>Grems Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <name>Nordea Bank ABP</name>
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      <invstOrSec>
        <name>DOUTOR NICHIRES HOLDINGS COMPANY LTD</name>
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          <isin value="JP3639100001"/>
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        <name>OKUMA CORP</name>
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        <name>Henkel AG &amp; Co. KGaA</name>
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        <name>Heineken N.V.</name>
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        <name>JAPAN ELECTRONIC MATERIALS CORP</name>
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          <isin value="JP3735300000"/>
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        <name>Toyota Boshoku Corp.</name>
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          <isin value="JP3635400009"/>
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        <name>Banca Generali S.p.A.</name>
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        <name>Midwich Group Plc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BELIMO Holding AG</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Maire S.p.A.</name>
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        <name>SPIE SA</name>
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        <name>KDDI Corp</name>
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        <name>FULLCAST HOLDINGS COMPANY LTD</name>
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        <name>Freenet AG</name>
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        <name>Downer EDI Limited</name>
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        <name>CIE Automotive SA</name>
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        <name>Ryohin Keikaku Co Ltd.</name>
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        <name>MADER GROUP LTD</name>
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        <name>Medicover AB</name>
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        <name>Fuji Kyuko Co., Ltd.</name>
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      <invstOrSec>
        <name>MTU Aero Engines AG</name>
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      <invstOrSec>
        <name>Tokushu Tokai Paper Co Ltd.</name>
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      <invstOrSec>
        <name>MITSUI-SOKO HOLDING CO LTD</name>
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        <name>Volex Plc</name>
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        <name>BOC Aviation Ltd.</name>
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        <name>Yamaguchi Financial Group Inc</name>
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        <name>Londonmetric Property PLC</name>
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        <name>Chugai Pharmaceutical Co Ltd.</name>
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        <name>Avolta AG</name>
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        <name>Equinor ASA</name>
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        <name>Monotaro CoLtd</name>
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        <name>Metso Oyj</name>
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        <name>HKT TRUST AND HKT LTD</name>
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        <name>Cyber Agent</name>
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        <name>SFS Group AG</name>
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        <name>Kikkoman Corp</name>
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        <name>Wacoal Holdings Corp.</name>
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        <name>Trend Micro Inc.</name>
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        <name>Kion Group AG</name>
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        <name>Lintec Corp.</name>
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        <name>Infineon Technologies AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
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        <name>Cosmo Energy Holdings Co Ltd.</name>
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      <invstOrSec>
        <name>Daishi Hokuetsu Financial Group Inc</name>
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        <name>GB Group Plc</name>
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        <name>Coles Group Ltd.</name>
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        <name>DFI Retail Group Holdings Ltd</name>
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        <name>Nikkiso Co, Ltd.</name>
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        <name>Danone SA</name>
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        <name>UOL Group Ltd.</name>
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        <name>Micronics Japan Co Ltd.</name>
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        <name>Qantas Airways Ltd.</name>
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        <name>EM Systems Co Ltd</name>
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        <name>Bank Leumi Le-Israel BM</name>
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        <name>Nikon Corp</name>
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        <name>Klaveness Combination Carriers Asa</name>
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        <name>Eagers Automotive Ltd.</name>
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        <name>AudioCodes Ltd.</name>
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        <name>Pola Orbis Holdings Inc.</name>
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        <name>KBC Group NV</name>
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        <name>Electric Power Development Co Ltd.</name>
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        <name>Cleanaway Waste Management Ltd.</name>
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        <name>Banco Bilbao Vizcaya Argentaria SA</name>
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        <name>Ovs S.P.A</name>
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        <name>Westpac Banking Corp.</name>
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        <name>Swcc Corp.</name>
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        <name>Nemetschek SE</name>
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        <name>Bytes Technology Group PLC</name>
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        <name>Pan Pacific International Holdings Corp.</name>
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        <name>Ichikoh Industries Ltd.</name>
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      <invstOrSec>
        <name>Woolworths Group Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Centrica PLC</name>
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      <invstOrSec>
        <name>Roche Holding AG</name>
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      <invstOrSec>
        <name>Societe Generale S.A.</name>
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          <isin value="FR0000130809"/>
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      <invstOrSec>
        <name>Hitachi Ltd.</name>
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        <title>Hitachi Ltd. NPV</title>
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          <isin value="JP3788600009"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Olympus Corp.</name>
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        <title>Olympus Corp. NPV</title>
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          <isin value="JP3201200007"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Deutsche Boerse AG</name>
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          <isin value="DE0005810055"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Soliton Systems KK</name>
        <lei>N/A</lei>
        <title>Soliton Systems KK NPV</title>
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          <isin value="JP3436300002"/>
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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>Kyushu Railway Co.</name>
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        <title>Kyushu Railway Co. NPV</title>
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          <isin value="JP3247010006"/>
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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>Betsson AB (publ)</name>
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          <isin value="SE0022726485"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Food &amp; Life Companies Ltd.</name>
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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>Capcom Co Ltd.</name>
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        <title>Capcom Co Ltd. NPV</title>
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          <isin value="JP3218900003"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Zigexn Co Ltd.</name>
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        <name>Koninklijke KPN N.V.</name>
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        <name>Italgas SpA</name>
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        <invCountry>IT</invCountry>
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        <name>Recruit Holdings Co Ltd.</name>
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        <name>Ibiden Co Ltd.</name>
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        <title>Ibiden Co Ltd. NPV</title>
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        <name>Acomo NV</name>
        <lei>7245001M40ANG7IIS437</lei>
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        <name>SpareBank 1 Nord-Norge</name>
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        <name>Bunzl PLC</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KERRY PROPERTIES LTD</name>
        <lei>5299006T5ULIIRZ7LK49</lei>
        <title>Kerry Properties Ltd. ORD HKD1</title>
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        <name>EDP Renovaveis SA</name>
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      <invstOrSec>
        <name>VALUECOMMERCE CO LTD</name>
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        <name>Vicinity Centres Re Ltd</name>
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      <invstOrSec>
        <name>Terveystalo Oyj</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IntegraFin Holdings plc</name>
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        <title>IntegraFin Holdings plc ORD GBP0.01</title>
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      <invstOrSec>
        <name>Mitsubishi Corp.</name>
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          <isin value="JP3898400001"/>
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        <name>Bilfinger SE</name>
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      <invstOrSec>
        <name>Compagnie de Saint-Gobain SA</name>
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          <isin value="FR0000125007"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Westgold Resources Ltd.</name>
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          <isin value="AU000000WGX6"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sectra AB</name>
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          <isin value="SE0022419784"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Repsol SA</name>
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      <invstOrSec>
        <name>Tokai Rika Co Ltd</name>
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          <isin value="JP3566600007"/>
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        <name>AVANT GROUP CORP</name>
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        <name>AMANO CORP</name>
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        <name>Pharma Mar SA</name>
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        <name>NEC Corp.</name>
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        <name>Hilan Ltd</name>
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        <name>Verbund AG</name>
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        <name>De'Longhi S.p.A.</name>
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        <name>INFOMART CORP</name>
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        <name>JX Advanced Metals Corp.</name>
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      <invstOrSec>
        <name>SINFONIA TECHNOLOGY COMPANY LTD</name>
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          <ticker value="6507"/>
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        <pctVal>0.032047823072</pctVal>
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        <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>Elementis PLC</name>
        <lei>549300LQIH685LI2ML36</lei>
        <title>Elementis PLC ORD GBP0.05</title>
        <cusip>000000000</cusip>
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          <isin value="GB0002418548"/>
          <ticker value="ELM"/>
          <other otherDesc="SEDOL" value="0241854"/>
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        <balance>39185.00000000</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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      </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"/>
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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>
      <invstOrSec>
        <name>Glanbia PLC</name>
        <lei>635400SRMCBHVMSKJS84</lei>
        <title>Glanbia PLC ORD EUR0.06</title>
        <cusip>000000000</cusip>
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          <isin value="IE0000669501"/>
          <ticker value="GLB"/>
          <other otherDesc="SEDOL" value="4058629"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Landis &amp; Gyr Group AG</name>
        <lei>529900PZYVAKCYSLFL19</lei>
        <title>Landis &amp; Gyr Group AG CHF10 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0371153492"/>
          <ticker value="LAND"/>
          <other otherDesc="SEDOL" value="BF41XY8"/>
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        <balance>918.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>57692.74000000</valUSD>
        <pctVal>0.009150021935</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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      </invstOrSec>
      <invstOrSec>
        <name>Eurofins Scientific SE</name>
        <lei>529900JEHFM47DYY3S57</lei>
        <title>Eurofins Scientific SE EUR0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0014000MR3"/>
          <ticker value="ERF"/>
          <other otherDesc="SEDOL" value="BNDPYV1"/>
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        <balance>2084.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>150458.22000000</valUSD>
        <pctVal>0.023862552089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Planisware SA</name>
        <lei>969500356FAUM2X41Q59</lei>
        <title>Planisware SA EUR0.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR001400PFU4"/>
          <ticker value="PLNW"/>
          <other otherDesc="SEDOL" value="BQLSWP3"/>
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        <balance>9193.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <pctVal>0.024157107266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CARASSO REAL ESTATE LTD</name>
        <lei>N/A</lei>
        <title>Carasso Real Estate Ltd. ILS0.001</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IL0011879629"/>
          <ticker value="CRSR"/>
          <other otherDesc="SEDOL" value="BKPBJ77"/>
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        <balance>4874.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Autotrader Group PLC</name>
        <lei>213800QLK9BZILB1DI86</lei>
        <title>Autotrader Group PLC ORD GBP0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BVYVFW23"/>
          <ticker value="AUTO"/>
          <other otherDesc="SEDOL" value="BVYVFW2"/>
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        <balance>55307.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>342421.86000000</valUSD>
        <pctVal>0.054307830246</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>
      <invstOrSec>
        <name>Asanuma Corp</name>
        <lei>N/A</lei>
        <title>Asanuma Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3110000001"/>
          <ticker value="1852"/>
          <other otherDesc="SEDOL" value="6055907"/>
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        <balance>28300.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
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        <pctVal>0.027648438505</pctVal>
        <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>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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        <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>
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      <invstOrSec>
        <name>SHIN-ETSU POLYMER CO LTD</name>
        <lei>N/A</lei>
        <title>Shin-Etsu Polymer Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3371600002"/>
          <ticker value="7970"/>
          <other otherDesc="SEDOL" value="6805704"/>
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        <balance>9500.00000000</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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REGIS HEALTHCARE LTD</name>
        <lei>N/A</lei>
        <title>Regis Healthcare Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000REG6"/>
          <ticker value="REG"/>
          <other otherDesc="SEDOL" value="BQV68F9"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.46006700"/>
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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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      <invstOrSec>
        <name>F-Secure Oyj (New)</name>
        <lei>9845006BFDJF0375E466</lei>
        <title>F-Secure Oyj (New) NPV</title>
        <cusip>000000000</cusip>
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          <isin value="FI4000519236"/>
          <ticker value="FSECURE"/>
          <other otherDesc="SEDOL" value="BMH2HP6"/>
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        <balance>40330.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Asics Corp</name>
        <lei>3538002LJMRZ83SU0B85</lei>
        <title>Asics Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3118000003"/>
          <ticker value="7936"/>
          <other otherDesc="SEDOL" value="6057378"/>
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        <balance>24000.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Suncorp Group Ltd.</name>
        <lei>549300BVOKRTHDIWVT46</lei>
        <title>Suncorp Group Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000SUN6"/>
          <ticker value="SUN"/>
          <other otherDesc="SEDOL" value="6585084"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.46006700"/>
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        <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>
        <name>GENKI GLOBAL DINING CONCEPTS CORP</name>
        <lei>N/A</lei>
        <title>Genki Global Dining Concepts Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3282800006"/>
          <ticker value="9828"/>
          <other otherDesc="SEDOL" value="6366847"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC ORD USD0.50</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0005405286"/>
          <ticker value="HSBA"/>
          <other otherDesc="SEDOL" value="0540528"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</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>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"/>
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        <balance>7400.00000000</balance>
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        <pctVal>0.012242414353</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>Okumura Corp</name>
        <lei>N/A</lei>
        <title>Okumura Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3194800003"/>
          <ticker value="1833"/>
          <other otherDesc="SEDOL" value="6657808"/>
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        <balance>4100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>162876.36000000</valUSD>
        <pctVal>0.025832059057</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>Kerry Group PLC</name>
        <lei>635400TLVVBNXLFHWC59</lei>
        <title>Kerry Group PLC 'A'ORD EUR0.125</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE0004906560"/>
          <ticker value="KYGA"/>
          <other otherDesc="SEDOL" value="4519579"/>
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        <balance>1887.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>148715.35000000</valUSD>
        <pctVal>0.023586134316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SEIKO GROUP CORP</name>
        <lei>529900UXKCNCMYX20S74</lei>
        <title>Seiko Group Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3414700009"/>
          <ticker value="8050"/>
          <other otherDesc="SEDOL" value="6414809"/>
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        <balance>5600.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>192545.10000000</valUSD>
        <pctVal>0.030537497242</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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        <name>Redox Ltd.</name>
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        <name>Schindler Holding AG</name>
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        <name>Trial Holdings Inc</name>
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        <name>Deutsche Lufthansa AG</name>
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        <name>Open House Group Co Ltd</name>
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        <name>Credit Agricole S.A.</name>
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        <name>Sumitomo Forestry Co Ltd.</name>
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        <name>DIGITAL INFORMATION TECHNOLOGIES CO LTD</name>
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        <name>Sigma Healthcare Ltd.</name>
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        <name>Bayer AG</name>
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        <name>Lycopodium Limited</name>
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      <invstOrSec>
        <name>KRAFTIA CORP</name>
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        <name>Nitto Denko Corp.</name>
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        <name>NatWest Group PLC</name>
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        <name>Telefonaktiebolaget LM Ericsson (publ)</name>
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        <name>Taisei Corp.</name>
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        <name>Sugi Holdings Co Ltd</name>
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        <name>JM HOLDINGS CO LTD</name>
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        <name>Mizuho Medy Co Ltd</name>
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        <name>Keisei Electric Railway Co Ltd.</name>
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        <name>Prosegur Compania de Seguridad SA</name>
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        <name>Koninklijke Philips NV</name>
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        <name>Prysmian S.p.A.</name>
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        <name>Entain PLC</name>
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        <name>Wartsila Oyj Abp</name>
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        <name>Ampol Ltd.</name>
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        <name>Intea Fastigheter AB (publ)</name>
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        <name>PARATUS ENERGY SERVICES LTD</name>
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        <invCountry>BM</invCountry>

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        <name>Milbon Co Ltd</name>
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          <isin value="SE0000115420"/>
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      <invstOrSec>
        <name>Nippon Sanso Holdings Corp.</name>
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      <invstOrSec>
        <name>DBS Group Holdings Ltd.</name>
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      <invstOrSec>
        <name>Catena AB</name>
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          <isin value="SE0001664707"/>
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      <invstOrSec>
        <name>Kusuri No Aoki Holdings Co Ltd</name>
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          <isin value="JP3266190002"/>
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        <name>SAP SE</name>
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          <isin value="DE0007164600"/>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Sato Shoji Corp</name>
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        <title>Sato Shoji Corp NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3322000005"/>
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      <invstOrSec>
        <name>Fuji Corp Ltd</name>
        <lei>N/A</lei>
        <title>Fuji Corp Ltd NPV</title>
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          <isin value="JP3815000009"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Obara Group Inc.</name>
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        <title>Obara Group Inc. NPV</title>
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          <isin value="JP3197650009"/>
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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>Cellnex Telecom S.A.U</name>
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        <title>Cellnex Telecom S.A.U EUR0.25</title>
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          <isin value="ES0105066007"/>
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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>Ageas SA/NV</name>
        <lei>5493005DJBML6LY3RV36</lei>
        <title>Ageas SA/NV NPV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0974264930"/>
          <ticker value="AGS"/>
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        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IVE GROUP LTD</name>
        <lei>N/A</lei>
        <title>IVE Group Limited NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000IGL0"/>
          <ticker value="IGL"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Keihan Holdings Co Ltd</name>
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        <title>Keihan Holdings Co Ltd NPV</title>
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          <isin value="JP3279400000"/>
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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>Happinet Corp</name>
        <lei>N/A</lei>
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          <isin value="JP3770300006"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Swiss Life Holding AG</name>
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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>Sumitomo Mitsui Financial Group Inc.</name>
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        <title>Sumitomo Mitsui Financial Group Inc. NPV</title>
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        <name>Obayashi Corp.</name>
        <lei>529900YT4O5S0LCXWD54</lei>
        <title>Obayashi Corp. NPV</title>
        <cusip>000000000</cusip>
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        <name>United Utilities Group PLC</name>
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        <title>United Utilities Group PLC ORD GBP0.05</title>
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        <invCountry>GB</invCountry>
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        <name>Takashimaya Co Ltd</name>
        <lei>353800IFO566STDN4V78</lei>
        <title>Takashimaya Co Ltd NPV</title>
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        <name>Air Liquide S.A.(L')</name>
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        <name>CHUBU STEEL PLATE COMPANY LTD</name>
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        <name>SIA Engineering Co</name>
        <lei>2549008BTH8VFCM3UL43</lei>
        <title>SIA Engineering Co NPV</title>
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      <invstOrSec>
        <name>Sinko Industries Ltd.</name>
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      <invstOrSec>
        <name>Rusta AB (Publ)</name>
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      <invstOrSec>
        <name>WHARF REAL ESTATE INVESTMENT CO LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mirvac Group</name>
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          <isin value="AU000000MGR9"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Siemens Healthineers AG</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Allianz SE</name>
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          <isin value="DE0008404005"/>
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      <invstOrSec>
        <name>Unicharm Corp.</name>
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          <isin value="JP3951600000"/>
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        <name>Kakaku.Com Inc.</name>
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          <isin value="JP3206000006"/>
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        <fairValLevel>1</fairValLevel>
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        <name>WAREHOUSE DE PAUW NV</name>
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        <title>Montea NV NPV</title>
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        <fairValLevel>1</fairValLevel>
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        <name>JMDC Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kamakura Shinsho Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Antofagasta PLC</name>
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        <title>Antofagasta PLC ORD GBP0.05</title>
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        <name>Internet Initiative Japan Inc.</name>
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          <isin value="JP3152820001"/>
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        <name>Atea ASA</name>
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        <name>CROMWELL PROPERTY GROUP LTD</name>
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        <name>ALS Ltd.</name>
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        <name>Geberit AG</name>
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        <name>Fielmann Group AG</name>
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        <name>Alerion Cleanpower</name>
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        <name>Aeon Co Ltd.</name>
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        <title>Aeon Co Ltd. NPV</title>
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        <name>TSURUHA HOLDINGS INC</name>
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        <name>OBIC CO LTD</name>
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        <balance>18500.00000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SERIA COMPANY LTD</name>
        <lei>N/A</lei>
        <title>Seria Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3423520000"/>
          <ticker value="2782"/>
          <other otherDesc="SEDOL" value="6680718"/>
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        <balance>1300.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>30724.75000000</valUSD>
        <pctVal>0.004872920517</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>Pigeon Corp</name>
        <lei>2549006T3HT0TI9IRV62</lei>
        <title>Pigeon Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3801600002"/>
          <ticker value="7956"/>
          <other otherDesc="SEDOL" value="6688080"/>
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        <balance>12400.00000000</balance>
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        <pctVal>0.020186728755</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dexus</name>
        <lei>N/A</lei>
        <title>Dexus NPV (STAPLED)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000DXS1"/>
          <ticker value="DXS"/>
          <other otherDesc="SEDOL" value="B033YN6"/>
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        <balance>15547.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.46006700"/>
        <valUSD>63037.00000000</valUSD>
        <pctVal>0.009997617252</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>PACIFIC BASIN SHIPPING LTD</name>
        <lei>254900LNPK737X4Y3V26</lei>
        <title>Pacific Basin Shipping Ltd. USD0.01</title>
        <cusip>000000000</cusip>
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          <isin value="BMG684371393"/>
          <ticker value="2343"/>
          <other otherDesc="SEDOL" value="B01RQM3"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84020000"/>
        <valUSD>36478.66000000</valUSD>
        <pctVal>0.005785485993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SpareBank 1 Ostlandet</name>
        <lei>549300VRM6G42M8OWN49</lei>
        <title>SpareBank 1 Ostlandet NOK50 GRUNNFONDSBEVIS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0010751910"/>
          <ticker value="SPOL"/>
          <other otherDesc="SEDOL" value="BZ12WQ9"/>
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        <balance>7178.00000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.74095000"/>
        <valUSD>146125.11000000</valUSD>
        <pctVal>0.023175324345</pctVal>
        <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>Multiconsult ASA</name>
        <lei>5967007LIEEXZXG9GO07</lei>
        <title>Multiconsult ASA NOK0.50</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0010734338"/>
          <ticker value="MULTI"/>
          <other otherDesc="SEDOL" value="BWWBXN8"/>
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        <balance>3668.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.74095000"/>
        <valUSD>61378.41000000</valUSD>
        <pctVal>0.009734566219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>Y</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>NISSO HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>Nisso Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3679880009"/>
          <ticker value="9332"/>
          <other otherDesc="SEDOL" value="BMV4NN8"/>
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        <balance>18900.00000000</balance>
        <units>NS</units>
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        <pctVal>0.011418064920</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>Moonpig Group PLC</name>
        <lei>213800VAYO5KCAXZHK83</lei>
        <title>Moonpig Group PLC ORD GBP0.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BMT9K014"/>
          <ticker value="MOON"/>
          <other otherDesc="SEDOL" value="BMT9K01"/>
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        <balance>43478.00000000</balance>
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        <valUSD>120115.58000000</valUSD>
        <pctVal>0.019050233909</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>
      <invstOrSec>
        <name>ES-CON Japan Ltd</name>
        <lei>N/A</lei>
        <title>ES-CON Japan Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3688330004"/>
          <ticker value="8892"/>
          <other otherDesc="SEDOL" value="6380643"/>
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        <balance>14400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>97937.02000000</valUSD>
        <pctVal>0.015532732218</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>Valqua Ltd</name>
        <lei>N/A</lei>
        <title>Valqua Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3744200001"/>
          <ticker value="7995"/>
          <other otherDesc="SEDOL" value="6643625"/>
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        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>120120.69000000</valUSD>
        <pctVal>0.019051044350</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>Heineken Holding N.V.</name>
        <lei>724500M1WJLFM9TYBS04</lei>
        <title>Heineken Holding N.V. EUR1.60</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0000008977"/>
          <ticker value="HEIO"/>
          <other otherDesc="SEDOL" value="B0CCH46"/>
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        <balance>5069.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>358314.73000000</valUSD>
        <pctVal>0.056828426583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</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>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG ORD NPV(REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005140008"/>
          <ticker value="DBK"/>
          <other otherDesc="SEDOL" value="5750355"/>
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        <balance>14698.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>425323.36000000</valUSD>
        <pctVal>0.067455941144</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nichols</name>
        <lei>213800EF5CMR3K8PND54</lei>
        <title>Nichols ORD GBP0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0006389398"/>
          <ticker value="NICL"/>
          <other otherDesc="SEDOL" value="0638939"/>
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        <balance>4581.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
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        <pctVal>0.008967737540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</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>Iino Kaiun Kaisha Ltd</name>
        <lei>353800VWL98SRNE0NX81</lei>
        <title>Iino Kaiun Kaisha Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3131200002"/>
          <ticker value="9119"/>
          <other otherDesc="SEDOL" value="6457008"/>
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        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>82547.61000000</valUSD>
        <pctVal>0.013091984229</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>B&amp;M EUROPEAN VALUE RETAIL PLC</name>
        <lei>N/A</lei>
        <title>B and M European Value Retail PLC ORD GBP0.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BVSYJW51"/>
          <ticker value="BME"/>
          <other otherDesc="SEDOL" value="BVSYJW5"/>
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        <balance>40389.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
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        <pctVal>0.014233436887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</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>Honda Motor Co Ltd.</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>Honda Motor Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3854600008"/>
          <ticker value="7267"/>
          <other otherDesc="SEDOL" value="6435145"/>
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        <balance>159100.00000000</balance>
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        <valUSD>1257579.04000000</valUSD>
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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>Al Sydbank AS</name>
        <lei>GP5DT10VX1QRQUKVBK64</lei>
        <title>Al Sydbank AS DKK10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0010311471"/>
          <ticker value="ALSYDB"/>
          <other otherDesc="SEDOL" value="B06JSP1"/>
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        <balance>1521.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.48540000"/>
        <valUSD>120664.03000000</valUSD>
        <pctVal>0.019137217635</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>
        <name>NESTLE' CAPITAL MARKETS SA</name>
        <lei>549300PZN3NFSOUXLC42</lei>
        <title>Nestle SA CHF0.10 (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0038863350"/>
          <ticker value="NESN"/>
          <other otherDesc="SEDOL" value="7123870"/>
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        <balance>76037.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
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        <pctVal>1.176900848549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <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>9786.00000000</balance>
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        <pctVal>0.077815132834</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>
      <invstOrSec>
        <name>Keikyu Corp</name>
        <lei>N/A</lei>
        <title>Keikyu Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3280200001"/>
          <ticker value="9006"/>
          <other otherDesc="SEDOL" value="6487306"/>
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        <balance>12700.00000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wacker Neuson SE</name>
        <lei>529900RJL86244E1I652</lei>
        <title>Wacker Neuson SE NPV(REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000WACK012"/>
          <ticker value="WAC"/>
          <other otherDesc="SEDOL" value="B17R248"/>
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        <balance>2046.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>42621.81000000</valUSD>
        <pctVal>0.006759784618</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>
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        <name>Rheinmetall AG</name>
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        <name>Nintendo Co Ltd.</name>
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      <invstOrSec>
        <name>Sumitomo Corp.</name>
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      <invstOrSec>
        <name>Mitsui &amp; Co Ltd.</name>
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      <invstOrSec>
        <name>Spirax Group PLC</name>
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      <invstOrSec>
        <name>GPT MANAGEMENT HOLDINGS LTD</name>
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        <name>Ferrovial SE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Rorze Corp</name>
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        <title>Rorze Corp NPV</title>
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          <isin value="JP3982200002"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Edenred SA</name>
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        <title>Edenred SA EUR2</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NOF CORP</name>
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          <isin value="JP3753400005"/>
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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>Publicis Groupe SA</name>
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        <title>Publicis Groupe SA EUR0.40</title>
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          <isin value="FR0000130577"/>
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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>LEG Immobilien SE</name>
        <lei>391200SO40AKONBO0Z96</lei>
        <title>LEG Immobilien SE NPV</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>CK INFRASTRUCTURE HOLDINGS LTD</name>
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        <title>CK Infrastructure Holdings Ltd. HKD1</title>
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          <isin value="BMG2178K1009"/>
          <ticker value="1038"/>
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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>Hazama Ando Corporation</name>
        <lei>353800YSSP5B2GMQ6E51</lei>
        <title>Hazama Ando Corporation NPV</title>
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          <isin value="JP3767810009"/>
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        <fairValLevel>1</fairValLevel>
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        <name>DALRYMPLE BAY INFRASTRUCTURE LTD</name>
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        <name>MIE KOTSU GROUP HOLDINGS INC</name>
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        <name>HIOKI E.E. CORP</name>
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        <name>Rentokil Initial PLC</name>
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        <name>Legrand SA</name>
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        <name>Telefonica, S.A.</name>
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        <name>FUJIMI INC</name>
        <lei>N/A</lei>
        <title>Fujimi Inc. NPV</title>
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      <invstOrSec>
        <name>Belluna Co Ltd</name>
        <lei>353800Q8P5LM0569VS75</lei>
        <title>Belluna Co Ltd NPV</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TKC CORP</name>
        <lei>N/A</lei>
        <title>TKC Corp. NPV</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Japan Exchange Group Inc</name>
        <lei>353800578ADEGIJTVW07</lei>
        <title>Japan Exchange Group Inc NPV</title>
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        <name>OBIC BUSINESS CONSULTANTS LTD</name>
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      <invstOrSec>
        <name>Sweco AB (publ)</name>
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      <invstOrSec>
        <name>James Halstead Plc</name>
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      <invstOrSec>
        <name>Japan Airlines Co Ltd.</name>
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        <title>Japan Airlines Co Ltd. NPV</title>
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          <isin value="JP3705200008"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Barclays PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Trelleborg AB</name>
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        <name>JOHNSON ELECTRIC HOLDINGS LTD</name>
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        <name>Origin Energy Ltd.</name>
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          <isin value="AU000000ORG5"/>
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        <name>Kitron ASA</name>
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      <invstOrSec>
        <name>Sumitomo Electric Industries Ltd.</name>
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        <title>Sumitomo Electric Industries Ltd. NPV</title>
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          <isin value="JP3407400005"/>
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        <name>Snam S.p.A.</name>
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        <name>KAKIYASU HONTEN COMPANY LTD</name>
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        <name>DREYFUS TRSY OBLIG CASH M</name>
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        <name>Wallenstam AB</name>
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        <name>Altri, Sgps, S.A.</name>
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        <name>Baroque Japan Ltd</name>
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        <name>MTR Corp Ltd.</name>
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        <name>West Japan Railway Co.</name>
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        <name>Bezeq The Israeli Telecommunication Corp Ltd</name>
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        <name>Huber &amp; Suhner AG</name>
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        <name>Valor Holdings Co Ltd</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Akzo Nobel N.V.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Endesa SA - Empresa Nacional Electricidad</name>
        <lei>549300LHK07F2CHV4X31</lei>
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      <invstOrSec>
        <name>Hiab OYJ</name>
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          <isin value="FI4000571013"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sparebanken Norge AS</name>
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      <invstOrSec>
        <name>Itochu Enex Co Ltd</name>
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          <isin value="JP3144000001"/>
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      <invstOrSec>
        <name>TOMY CO LTD</name>
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          <isin value="JP3630550006"/>
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        <name>Tomoku Co., Ltd.</name>
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        <name>Hoegh Autoliners ASA</name>
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        <title>Hoegh Autoliners ASA NOK1</title>
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        <assetCat>EC</assetCat>
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        <name>Merlin Properties Socimi SA</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>Merlin Properties Socimi SA EUR1</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dunelm Group PLC</name>
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        <title>Dunelm Group PLC ORD GBP0.01</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <name>TechnologyOne Ltd.</name>
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        <assetCat>EC</assetCat>
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        <name>Georg Fischer AG</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TAIYO HOLDINGS COMPANY LTD</name>
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        <name>Futaba Industrial Co Ltd</name>
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          <isin value="JP3824000008"/>
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        <name>Yutaka Giken Co Ltd.</name>
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        <name>LVMH Moet Hennessy Louis Vuitton SE</name>
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        <name>I'LL INC</name>
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        <name>L'Oreal S.A.</name>
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        <name>Nippon Signal Co Ltd.</name>
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        <name>BAE Systems PLC</name>
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        <name>Covivio SA</name>
        <lei>969500P8M3W2XX376054</lei>
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        <invCountry>FR</invCountry>
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        <name>WHITBREAD PLC</name>
        <lei>21380099VMZKRMN3EX36</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Intesa Sanpaolo S.p.A.</name>
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        <title>Intesa Sanpaolo S.p.A. NPV</title>
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          <isin value="IT0000072618"/>
          <ticker value="ISP"/>
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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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      <invstOrSec>
        <name>Siix Corp</name>
        <lei>N/A</lei>
        <title>Siix Corp NPV</title>
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        <identifiers>
          <isin value="JP3346700002"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Koninklijke Bam Groep NV</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goodman Group</name>
        <lei>N/A</lei>
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          <isin value="AU000000GMG2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BlueScope Steel (Finance) Ltd / BlueScope Steel Finance (USA) LLC</name>
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        <title>BlueScope Steel (Finance) Ltd / BlueScope Steel Finance (USA) LLC NPV</title>
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          <isin value="AU000000BSL0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SYSTENA CORP</name>
        <lei>N/A</lei>
        <title>Systempro Co Ltd NPV</title>
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          <isin value="JP3351050004"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MORIMATSU INTERNATIONAL HOLDINGS CO LTD</name>
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        <title>Morimatsu International Holdings Company Limited NPV</title>
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        <identifiers>
          <isin value="HK0000709128"/>
          <ticker value="2155"/>
          <other otherDesc="SEDOL" value="BNKLJ40"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Monadelphous Group Ltd.</name>
        <lei>5299007YT51BCWZTYW93</lei>
        <title>Monadelphous Group Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000MND5"/>
          <ticker value="MND"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kinepolis Group NV</name>
        <lei>5493002BJQRO0S06F161</lei>
        <title>Kinepolis Group NV NPV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0974274061"/>
          <ticker value="KIN"/>
          <other otherDesc="SEDOL" value="BN3ZYS8"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nohmi Bosai Ltd</name>
        <lei>353800GLN5G6LQ5TQ132</lei>
        <title>Nohmi Bosai Ltd NPV</title>
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          <isin value="JP3759800000"/>
          <ticker value="6744"/>
          <other otherDesc="SEDOL" value="6643681"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Invisio AB</name>
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        <title>Invisio AB NPV</title>
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          <isin value="SE0001200015"/>
          <ticker value="IVSO"/>
          <other otherDesc="SEDOL" value="B06G108"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SMS COMPANY LTD</name>
        <lei>N/A</lei>
        <title>SMS Co Ltd. NPV</title>
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          <isin value="JP3162350007"/>
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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>Daikin Industries Ltd.</name>
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        <title>Daikin Industries Ltd. NPV</title>
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          <isin value="JP3481800005"/>
          <ticker value="6367"/>
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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>NTT Inc.</name>
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        <title>NTT Inc. NPV</title>
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          <isin value="JP3735400008"/>
          <ticker value="9432"/>
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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>Munich Reinsurance AG</name>
        <lei>529900MUF4C20K50JS49</lei>
        <title>Munich Reinsurance AG NPV(REGD)</title>
        <cusip>000000000</cusip>
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          <isin value="DE0008430026"/>
          <ticker value="MUV2"/>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cranswick PLC</name>
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        <title>Cranswick PLC ORD GBP0.10</title>
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        <invCountry>GB</invCountry>
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        <name>WORKMAN COMPANY LTD</name>
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        <title>Workman Co Ltd. NPV</title>
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        <name>Pne Ag</name>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Aurubis AG</name>
        <lei>5299005SHIN9ZK7GW242</lei>
        <title>Aurubis AG NPV</title>
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          <ticker value="NDA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>WELLNEO SUGAR COMPANY (NISSIN SUGAR CO LTD)</name>
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        <title>Wellneo Sugar Co Ltd. NPV</title>
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          <isin value="JP3676600004"/>
          <ticker value="2117"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Pennon Group PLC</name>
        <lei>213800V1CCTS41GWH423</lei>
        <title>Pennon Group PLC ORD GBP0.6105</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nabtesco Corp.</name>
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          <isin value="JP3651210001"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Partners Group Holding AG</name>
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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>Organo Corp</name>
        <lei>N/A</lei>
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          <isin value="JP3201600008"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Horiba Ltd.</name>
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        <title>Horiba Ltd. NPV</title>
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          <isin value="JP3853000002"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VENTIA SERVICES GROUP LTD</name>
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          <isin value="AU0000184459"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DANYA CEBUS LTD</name>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Takara Standard Co Ltd</name>
        <lei>N/A</lei>
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          <isin value="JP3460000007"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>ISS A/S</name>
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        <invCountry>DK</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Newmed Energy Limited Partnership</name>
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          <isin value="IL0004750209"/>
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        <assetCat>EP</assetCat>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alinco Inc</name>
        <lei>N/A</lei>
        <title>Alinco Inc NPV</title>
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          <isin value="JP3126100001"/>
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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>FURUNO ELECTRIC COMPANY LTD</name>
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        <title>Furuno Electric Co NPV</title>
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          <isin value="JP3828400006"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Matsukiyococokara &amp; Co.</name>
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          <isin value="JP3869010003"/>
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        <name>Elecnor SA</name>
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        <title>Elecnor SA EUR0.1</title>
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        <invCountry>ES</invCountry>
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        <name>Elisa OYJ</name>
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        <invCountry>FI</invCountry>
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        <name>Jet2 PLC</name>
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        <title>Jet2 PLC ORD GBP0.0125</title>
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        <invCountry>GB</invCountry>
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        <name>Sapporo Breweries Ltd.</name>
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        <name>BPER Banca S.p.A.</name>
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        <name>Kobe Bussan Co Ltd.</name>
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        <name>PLUS ALPHA CONSULTING CO LTD</name>
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        <invCountry>JP</invCountry>
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        <name>Nakanishi Inc</name>
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        <invCountry>JP</invCountry>
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        <name>Sulzer AG</name>
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        <invCountry>CH</invCountry>
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      <invstOrSec>
        <name>MORIROKU CO LTD</name>
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        <title>Moriroku Co Ltd. NPV</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Curves Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Curves Holdings Co Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3205100005"/>
          <ticker value="7085"/>
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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>
      <invstOrSec>
        <name>TASMEA LTD</name>
        <lei>N/A</lei>
        <title>Tasmea Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU0000326191"/>
          <ticker value="TEA"/>
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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>
      <invstOrSec>
        <name>Mitsubishi Logistics Corp</name>
        <lei>529900GJKGNRLQBJUH32</lei>
        <title>Mitsubishi Logistics Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3902000003"/>
          <ticker value="9301"/>
          <other otherDesc="SEDOL" value="6596848"/>
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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>Axial Retailing Inc</name>
        <lei>N/A</lei>
        <title>Axial Retailing Inc NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3772400002"/>
          <ticker value="8255"/>
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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>HAGIHARA INDUSTRIES INC</name>
        <lei>N/A</lei>
        <title>Hagihara Industries Inc. NPV</title>
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          <isin value="JP3765500008"/>
          <ticker value="7856"/>
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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>LUK FOOK HOLDINGS (INTERNATIONAL) LTD</name>
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        <title>Luk Fook Holdings (International) Limited HKD0.10</title>
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          <isin value="BMG5695X1258"/>
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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>EVI LTD</name>
        <lei>N/A</lei>
        <title>EVT Limited NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000EVT1"/>
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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>Eisai Co Ltd.</name>
        <lei>353800HDEE0ZYEX4QV91</lei>
        <title>Eisai Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3160400002"/>
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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>BT Group PLC</name>
        <lei>213800LRO7NS5CYQMN21</lei>
        <title>BT Group PLC ORD GBP0.05</title>
        <cusip>000000000</cusip>
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          <isin value="GB0030913577"/>
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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>Hulic Co Ltd.</name>
        <lei>3538002E12E7IHAKTB10</lei>
        <title>Hulic Co Ltd. NPV</title>
        <cusip>000000000</cusip>
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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>Ingenia Communities Group</name>
        <lei>N/A</lei>
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          <isin value="AU000000INA9"/>
          <ticker value="INA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cohort PLC</name>
        <lei>213800WE61C73LZZNW11</lei>
        <title>Cohort 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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        <fairValLevel>1</fairValLevel>
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        <name>Pal Group Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Pal Group Holdings Co Ltd NPV</title>
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          <isin value="JP3781650001"/>
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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>NRW Holdings Ltd</name>
        <lei>5493003S2MORCH0HEL95</lei>
        <title>NRW Holdings Ltd NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000NWH5"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Otsuka Corp.</name>
        <lei>529900RG9DJ58J3UIE72</lei>
        <title>Otsuka Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3188200004"/>
          <ticker value="4768"/>
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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>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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      <invstOrSec>
        <name>Vision Inc</name>
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        <title>Vision Inc NPV</title>
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          <isin value="JP3800330007"/>
          <ticker value="9416"/>
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      <invstOrSec>
        <name>RAKUS CO LTD</name>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>International Workplace Group PLC</name>
        <lei>2138003LWDII27UTAG52</lei>
        <title>International Workplace Group PLC ORD USD0.0124</title>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Osaka Gas Co Ltd</name>
        <lei>353800024KMNOPQRWZ02</lei>
        <title>Osaka Gas Co Ltd NPV</title>
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          <isin value="JP3180400008"/>
          <ticker value="9532"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bechtle AG</name>
        <lei>529900HA2QT774RUXW59</lei>
        <title>Bechtle AG NPV</title>
        <cusip>000000000</cusip>
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          <ticker value="BC8"/>
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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>CTT Correios de Portugal SA</name>
        <lei>529900G4A1IKOKC22K56</lei>
        <title>CTT Correios de Portugal SA EUR0.17</title>
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      <invstOrSec>
        <name>The Sage Group PLC</name>
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      <invstOrSec>
        <name>Lloyds Banking Group PLC</name>
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        <name>ArcelorMittal S.A.</name>
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      <invstOrSec>
        <name>Hagiwara Electric Holdings Co Ltd</name>
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        <name>Norbit Asa</name>
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      <invstOrSec>
        <name>DAIEI KANKYO CO LTD</name>
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          <isin value="JP3480470008"/>
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        <name>Kandenko Co Ltd</name>
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        <title>Kandenko Co Ltd NPV</title>
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          <isin value="JP3230600003"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Granges AB</name>
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        <title>Granges AB NPV</title>
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          <isin value="SE0006288015"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sandoz Group AG</name>
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          <isin value="CH1243598427"/>
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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>HEALTH &amp; HAPPINESS INTERNATIONAL HOLDINGS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tokyo Tatemono Co Ltd.</name>
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        <name>Thales SA</name>
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        <name>Daifuku Co Ltd.</name>
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        <name>Scandi Standard AB</name>
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        <name>Sanwa Holdings Corp</name>
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        <name>Coor Service Management Holding AB</name>
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        <name>Toyo Seikan Group Holdings Ltd.</name>
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        <name>AOYAMA TRADING Co Ltd.</name>
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        <name>CTP NV</name>
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        <name>Duni AB</name>
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        <title>Duni AB NPV</title>
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        <name>Genus PLC</name>
        <lei>54930022EOITNKSIGH56</lei>
        <title>Genus PLC ORD GBP0.10</title>
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        <name>Techno Ryowa Ltd</name>
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        <name>Ramelius Resources Ltd.</name>
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        <name>MS&amp;AD Insurance Group Holdings Inc.</name>
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        <name>Hang Lung Properties Ltd.</name>
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        <name>Techtronic Industries Co. Ltd.</name>
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        <name>Intertek Group PLC</name>
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        <name>Tokyo Gas Co Ltd</name>
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        <name>Industria De Diseno Textil SA</name>
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        <name>Nolato AB</name>
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        <name>GOLDWIN INC</name>
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        <title>Goldwin Inc. NPV</title>
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        <name>Skandinaviska Enskilda Banken AB (publ)</name>
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      <invstOrSec>
        <name>France Bed Holdings Co. Ltd.</name>
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      <invstOrSec>
        <name>FastPartner AB</name>
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      <invstOrSec>
        <name>Travis Perkins PLC</name>
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        <name>WH Smith PLC</name>
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        <name>Getlink SE</name>
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        <name>Vector Inc.</name>
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        <name>Volution Group PLC</name>
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        <name>Alleima AB</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Oxford Instruments PLC</name>
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          <isin value="GB0006650450"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Engcon AB</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FUJIKURA COMPOSITE INC</name>
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          <isin value="JP3811600000"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Ariake Japan Co Ltd</name>
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        <name>Tri Chemical Laboratories Inc.</name>
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        <name>Bouygues SA</name>
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        <name>Airbus SE</name>
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        <name>Loomis AB</name>
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        <name>Konecranes Oyj</name>
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        <name>Advantest Corp.</name>
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        <name>Kura Sushi Inc</name>
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        <name>Edion Corp</name>
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        <invCountry>JP</invCountry>
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        <name>Puig Brands SA</name>
        <lei>549300OVHNSX30L1AQ94</lei>
        <title>Puig Brands SA EUR0</title>
        <cusip>000000000</cusip>
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        <invCountry>ES</invCountry>
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        <name>TDK Corp.</name>
        <lei>3538005O8WNU39U8NX03</lei>
        <title>TDK Corp. NPV</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daiwa Securities Group Inc.</name>
        <lei>353800WRC7Y23PWFJG38</lei>
        <title>Daiwa Securities Group Inc. NPV</title>
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          <isin value="JP3502200003"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mitsubishi Materials Corp.</name>
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        <title>Mitsubishi Materials Corp. NPV</title>
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          <isin value="JP3903000002"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BioMerieux SA</name>
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        <title>BioMerieux SA NPV</title>
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          <ticker value="BIM"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Novartis AG</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aristocrat Leisure Ltd.</name>
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        <title>Aristocrat Leisure Ltd. NPV</title>
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          <isin value="AU000000ALL7"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Corporate Travel Management Ltd.</name>
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        <title>Corporate Travel Management Ltd. NPV</title>
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          <isin value="AU000000CTD3"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Square- Enix Holdings Co Ltd.</name>
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        <title>Square- Enix Holdings Co Ltd. NPV</title>
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          <isin value="JP3164630000"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Indutrade AB</name>
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        <title>Indutrade AB NPV</title>
        <cusip>000000000</cusip>
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          <isin value="SE0001515552"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Resonac Holdings Corp.</name>
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        <title>Resonac Holdings Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3368000000"/>
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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>CHANGE HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Change Holdings Inc. NPV</title>
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          <isin value="JP3507750002"/>
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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>Epiroc AB</name>
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        <title>Epiroc AB SER'A'NPV</title>
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          <isin value="SE0015658109"/>
          <ticker value="EPIA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kingfisher PLC</name>
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        <title>Kingfisher PLC ORD GBP0.157142857</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>Marubeni Corp.</name>
        <lei>4P4N3ORD02UGQT1T1W12</lei>
        <title>Marubeni Corp. NPV</title>
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          <isin value="JP3877600001"/>
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        <invCountry>JP</invCountry>
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        <name>Andritz AG</name>
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        <title>Andritz AG NPV (BR)</title>
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          <isin value="AT0000730007"/>
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        <invCountry>AT</invCountry>
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        <name>Talanx AG</name>
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          <isin value="DE000TLX1005"/>
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        <invCountry>DE</invCountry>
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        <name>ITOKI CORP</name>
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        <title>Itoki Corporation NPV</title>
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          <isin value="JP3142700008"/>
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        <name>Cleanup Corp</name>
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        <name>Nissin Foods Company Ltd</name>
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        <name>Endeavour Mining PLC</name>
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        <invCountry>GB</invCountry>

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        <name>OKINAWA CELLULAR TELEPHONE CO</name>
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        <title>Okinawa Cellular NPV</title>
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        <invCountry>JP</invCountry>
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        <name>ASML Holding N.V.</name>
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        <invCountry>NL</invCountry>
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      <invstOrSec>
        <name>LOTTERY CORP LTD (THE)</name>
        <lei>N/A</lei>
        <title>Lottery Corporation Ltd NPV</title>
        <cusip>000000000</cusip>
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        <name>SSP Group PLC</name>
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      <invstOrSec>
        <name>LA HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>LA Holdings Co Ltd. NPV</title>
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      <invstOrSec>
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        <name>VAT Group AG</name>
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        <name>SUPPLY NETWORK LTD</name>
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      <invstOrSec>
        <name>The Nisshin OilliO Group Ltd.</name>
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        <name>LIFE CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Qinetiq Group PLC</name>
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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>TAKACHIHO KOHEKI COMPANY LTD</name>
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      <invstOrSec>
        <name>ASMPT LTD</name>
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        <invCountry>KY</invCountry>

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        <name>TAUNS LABORATORIES INC</name>
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        <title>Tauns Laboratories Inc. NPV</title>
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        <name>Vusion</name>
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        <title>Vusion EUR2</title>
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        <name>ORICA LTD</name>
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        <invCountry>AU</invCountry>
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        <name>Synsam AB</name>
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        <name>Alcon AG</name>
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        <name>Cofinimmo S.A./N.V.</name>
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        <name>Toyo Tanso Co Ltd</name>
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        <name>Sankyu Inc</name>
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        <name>Retail Partners Co Ltd</name>
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        <name>Bankinter SA</name>
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        <name>Allreal Holding AG</name>
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        <name>Japan Steel Works Ltd</name>
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        <name>Wihlborgs Fastigheter AB</name>
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        <name>MOS Food Services Inc</name>
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        <name>Lovisa Holdings Ltd.</name>
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        <name>CVC Capital Partners PLC</name>
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        <name>Mizuho Financial Group Inc.</name>
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        <name>PRO Medicus Ltd.</name>
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        <name>AddLife AB</name>
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      <invstOrSec>
        <name>Nippon Steel Corp.</name>
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        <name>TIME INTERCONNECT TECHNOLOGY LTD</name>
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        <name>Relx PLC</name>
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        <name>Haleon PLC</name>
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        <name>First Resources Ltd.</name>
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        <name>DMG Mori Co Ltd.</name>
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        <name>Jins Holdings Inc.</name>
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        <name>NHK Spring Co Ltd</name>
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        <name>Reckitt Benckiser Group PLC</name>
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        <name>Hong Kong &amp; China Gas Co Ltd. (Towngas)</name>
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        <name>Nitto Boseki Co Ltd.</name>
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        <name>Kalmar Oyj</name>
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        <name>Clas Ohlson Ab</name>
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        <name>Troax Group AB</name>
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        <name>Breville Group Ltd.</name>
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        <name>Orion Oyj</name>
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        <name>FUJI OIL CO LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DHL GROUP</name>
        <lei>8ER8GIG7CSMVD8VUFE78</lei>
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          <isin value="DE0005552004"/>
          <ticker value="DHL"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Orsero SPA</name>
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          <isin value="IT0005138703"/>
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      <invstOrSec>
        <name>Casio Computer Co Ltd</name>
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          <isin value="JP3209000003"/>
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      <invstOrSec>
        <name>Savills PLC</name>
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        <title>Savills PLC ORD GBP0.025</title>
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          <isin value="GB00B135BJ46"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>China Aviation Oil</name>
        <lei>79GWRL7CPDKLUJ3L0772</lei>
        <title>China Aviation Oil NPV</title>
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          <isin value="SG1T06929205"/>
          <ticker value="CAO"/>
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        <invCountry>SG</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Thule Group AB</name>
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        <cusip>000000000</cusip>
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          <isin value="SE0006422390"/>
          <ticker value="THULE"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Central Japan Railway Co.</name>
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        <title>Central Japan Railway Co. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3566800003"/>
          <ticker value="9022"/>
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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>AICHI FINANCIAL GROUP INC</name>
        <lei>N/A</lei>
        <title>Aichi Financial Group Inc. NPV</title>
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          <isin value="JP3104790005"/>
          <ticker value="7389"/>
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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>Wolters Kluwer NV</name>
        <lei>724500TEM53I0U077B74</lei>
        <title>Wolters Kluwer NV EUR0.12</title>
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          <isin value="NL0000395903"/>
          <ticker value="WKL"/>
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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>Softcreate Holdings Corp</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="JP3436040004"/>
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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>ING Groep N.V.</name>
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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>Inchcape plc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>Siemens AG</name>
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        <name>Unipol Assicurazioni S.p.A.</name>
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        <name>RS Group plc</name>
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        <name>Hensoldt AG</name>
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        <name>Topy Industries Ltd</name>
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      <invstOrSec>
        <name>Musashi Seimitsu Industry Co Ltd.</name>
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        <title>Musashi Seimitsu Industry Co Ltd. NPV</title>
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      <invstOrSec>
        <name>Toray Industries Inc.</name>
        <lei>35380099TCYR5FHT0A11</lei>
        <title>Toray Industries Inc. NPV</title>
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      <invstOrSec>
        <name>Minebea Mitsumi Inc.</name>
        <lei>353800CCB0CZ75YZ4010</lei>
        <title>Minebea Mitsumi Inc. NPV</title>
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        <invCountry>JP</invCountry>
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        <name>TDC Soft Inc</name>
        <lei>N/A</lei>
        <title>TDC Soft Inc NPV</title>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Relo Group Inc</name>
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      <invstOrSec>
        <name>K's Holdings Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SHIMOJIMA COMPANY LTD</name>
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          <isin value="JP3359500000"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Spire Healthcare Group PLC</name>
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        <cusip>000000000</cusip>
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          <isin value="GB00BNLPYF73"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GRANDY HOUSE CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AQ Group AB</name>
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          <isin value="SE0022062196"/>
          <ticker value="AQ"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fujitsu Ltd.</name>
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        <title>Fujitsu Ltd. NPV</title>
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          <isin value="JP3818000006"/>
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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>Fevertree Drinks PLC</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>OTSUKA HOLDINGS COMPANY LTD</name>
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        <title>Otsuka Holdings Co Ltd. NPV</title>
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          <isin value="JP3188220002"/>
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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>Sekisui Chemical Co Ltd.</name>
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        <title>Sekisui Chemical Co Ltd. NPV</title>
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          <isin value="JP3419400001"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Aena SME S.A.</name>
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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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        <name>G-7 Holdings Inc</name>
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          <isin value="JP3172450003"/>
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        <invCountry>JP</invCountry>
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        <name>Traton SE</name>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <name>Rubis SCA</name>
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        <assetCat>EC</assetCat>
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        <name>Yokogawa Electric Corporation</name>
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        <name>Seek Ltd.</name>
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        <name>Gunze Ltd</name>
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        <name>Carel Industries S.p.A.</name>
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        <name>BREMBO NV</name>
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        <name>Falco Holdings Co Ltd</name>
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        <invCountry>JP</invCountry>
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        <name>Heidelberg Materials AG</name>
        <lei>LZ2C6E0W5W7LQMX5ZI37</lei>
        <title>Heidelberg Materials AG NPV</title>
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        <name>Imdex Ltd.</name>
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      <invstOrSec>
        <name>Nichicon Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ansell Ltd.</name>
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      <invstOrSec>
        <name>MIVNE REAL ESTATE (K.D.) LTD</name>
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        <name>Mitsubishi Gas Chemical Co Inc.</name>
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        <name>ICHIBANYA COMPANY LTD</name>
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          <isin value="JP3142150006"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Osaka Soda Co Ltd</name>
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          <isin value="JP3485900009"/>
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        <name>TOPRE CORP</name>
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          <isin value="JP3598200008"/>
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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>Mitsubishi Electric Corp.</name>
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          <isin value="JP3902400005"/>
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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>Platzer Fastigheter Holding AB (publ)</name>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zinzino Ab</name>
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        <name>Daido Steel Co Ltd</name>
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        <name>Kone Oyj</name>
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        <name>TOA Corp (CONST)</name>
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        <name>Swisscom AG</name>
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        <name>Semapa Sociedade de Investimento e Gestao SGPS SA</name>
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        <name>Elia Group SA/NV</name>
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        <name>Hang Lung Group Ltd.</name>
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        <name>KURABO INDUSTRIES LTD</name>
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        <name>Imperial Brands PLC</name>
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        <name>Kamigumi Co Ltd</name>
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        <name>Shimadzu Corporation</name>
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        <title>Shimadzu Corporation NPV</title>
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        <name>Tokio Marine Holdings Inc.</name>
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        <name>ASM International N.V.</name>
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        <name>Hannover Rueck SE</name>
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        <name>Sembcorp Industries Ltd.</name>
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        <name>Naturgy Energy Group SA</name>
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        <name>J.FRONT RETAILING COMPANY LTD</name>
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        <name>Isuzu Motors Ltd.</name>
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        <name>Logistea AB</name>
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        <name>Osaka Titanium Technologies Co Ltd</name>
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        <name>Flughafen Zurich AG</name>
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        <name>Codan Ltd.</name>
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        <name>Macquarie Group Ltd.</name>
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        <name>Leopalace21 Corp</name>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rightmove PLC</name>
        <lei>2138001JXGCFKBXYB828</lei>
        <title>Rightmove PLC ORD GBP0.001</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BGDT3G23"/>
          <ticker value="RMV"/>
          <other otherDesc="SEDOL" value="BGDT3G2"/>
        </identifiers>
        <balance>8583.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>48544.60000000</valUSD>
        <pctVal>0.007699134325</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>HOKUTO CORP</name>
        <lei>N/A</lei>
        <title>HOKUTO Corporation NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3843250006"/>
          <ticker value="1379"/>
          <other otherDesc="SEDOL" value="6432715"/>
        </identifiers>
        <balance>1300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.09000000"/>
        <valUSD>15550.32000000</valUSD>
        <pctVal>0.002466268184</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>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"/>
        </identifiers>
        <balance>1135.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.80355000"/>
        <valUSD>220629.71000000</valUSD>
        <pctVal>0.034991693690</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>
    </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>
