<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001479360</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000057223</seriesId>
        <classId>C000182353</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>PIMCO Equity Series</regName>
      <regFileNumber>811-22375</regFileNumber>
      <regCik>0001479360</regCik>
      <regLei>00000000000000000000</regLei>
      <regStreet1>650 Newport Center Drive</regStreet1>
      <regCity>Newport Beach</regCity>
      <regStateConditional regCountry="US" regState="US-CA"/>
      <regZipOrPostalCode>92660</regZipOrPostalCode>
      <regPhone>(888) 877-4626</regPhone>
      <seriesName>PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF</seriesName>
      <seriesId>S000057223</seriesId>
      <seriesLei>549300SW97O76A2PVG21</seriesLei>
      <repPdEnd>2020-06-30</repPdEnd>
      <repPdDate>2019-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>600779782.370000</totAssets>
      <totLiabs>13206181.510000</totLiabs>
      <netAssets>587573600.860000</netAssets>
      <assetsAttrMiscSec>0.000000</assetsAttrMiscSec>
      <assetsInvested>0.000000</assetsInvested>
      <amtPayOneYrBanksBorr>5097153.030000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.000000</amtPayAftOneYrOther>
      <delayDeliv>0.000000</delayDeliv>
      <standByCommit>0.000000</standByCommit>
      <liquidPref>0.000000</liquidPref>
      <cshNotRptdInCorD>1486266.630000</cshNotRptdInCorD>
      <curMetrics>
        <curMetric>
          <curCd>USD</curCd>
          <intrstRtRiskdv01 period10Yr="0.000000" period1Yr="0.000000" period30Yr="0.000000" period3Mon="0.175442" period5Yr="0.000000"/>
          <intrstRtRiskdv100 period10Yr="0.000000" period1Yr="0.000000" period30Yr="0.000000" period3Mon="17.543695" period5Yr="0.000000"/>
        </curMetric>
      </curMetrics>
      <creditSprdRiskInvstGrade period10Yr="0.000000" period1Yr="0.000000" period30Yr="0.000000" period3Mon="0.000000" period5Yr="0.000000"/>
      <creditSprdRiskNonInvstGrade period10Yr="0.000000" period1Yr="0.000000" period30Yr="0.000000" period3Mon="0.000000" period5Yr="0.000000"/>
      <borrowers>
        <borrower aggrVal="1988029.379100" lei="FOR8UP27PHTHYVLBNG30" name="Goldman Sachs &amp; Co. LLC"/>
        <borrower aggrVal="493057.762100" lei="1V8Y6QCX6YMJ2OELII46" name="Credit Suisse Securities (USA) LLC"/>
        <borrower aggrVal="382964.100000" lei="N/A" name="ING Bank NV (London Branch)"/>
        <borrower aggrVal="1966731.276000" lei="MBNUM2BPBDO7JBLYG310" name="Citigroup Global Markets Inc."/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000182353" rtn1="3.116011" rtn2="-0.844595" rtn3="6.687988"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="61095.790000" netUnrealizedAppr="1082216.730000"/>
            <mon2 netRealizedGain="0.000000" netUnrealizedAppr="-1088732.600000"/>
            <mon3 netRealizedGain="134968.510000" netUnrealizedAppr="122186.550000"/>
            <warrantCategory>
              <instrMon1 netRealizedGain="61095.790000" netUnrealizedAppr="1082216.730000"/>
              <instrMon2 netRealizedGain="0.000000" netUnrealizedAppr="-1088732.600000"/>
              <instrMon3 netRealizedGain="134968.510000" netUnrealizedAppr="122186.550000"/>
            </warrantCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="-2385.920000" netUnrealizedAppr="0.000000"/>
            <mon2 netRealizedGain="-1615.930000" netUnrealizedAppr="0.000000"/>
            <mon3 netRealizedGain="-106271.310000" netUnrealizedAppr="-226.160000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="-2385.920000" netUnrealizedAppr="0.000000"/>
              <instrMon2 netRealizedGain="-1615.930000" netUnrealizedAppr="0.000000"/>
              <instrMon3 netRealizedGain="-106271.310000" netUnrealizedAppr="-226.160000"/>
            </forwardCategory>
          </foreignExchgContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-4665159.360000" netUnrealizedAppr="19103991.270000"/>
        <othMon2 netRealizedGain="8067.730000" netUnrealizedAppr="-3835282.270000"/>
        <othMon3 netRealizedGain="-2164205.430000" netUnrealizedAppr="36587805.060000"/>
      </returnInfo>
      <mon1Flow redemption="-4572103.600000" reinvestment="0.000000" sales="0.000000"/>
      <mon2Flow redemption="0.000000" reinvestment="0.000000" sales="0.000000"/>
      <mon3Flow redemption="0.000000" reinvestment="0.000000" sales="4998664.000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800IXHXOHQ7B2HP66</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 NMDC LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747D4272"/>
        </identifiers>
        <balance>28811.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>52045.950000</valUSD>
        <pctVal>0.0088578</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NMDC LIMITED</issuerName>
                <issueTitle>NMDC LTD</issueTitle>
                <identifiers>
                  <isin value="INE584A01023"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>4631.690000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800Q4TRGJXNLVMB81</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 NTPC LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747D4017"/>
        </identifiers>
        <balance>112469.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>187645.300000</valUSD>
        <pctVal>0.0319356</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NTPC LIMITED</issuerName>
                <issueTitle>NTPC LTD</issueTitle>
                <identifiers>
                  <isin value="INE733E01010"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-8147.190000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800KIIKNA7GRD9351</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD WARRANT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747D4199"/>
        </identifiers>
        <balance>114161.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>428693.730000</valUSD>
        <pctVal>0.0729600</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>PETRONET LNG LIMITED</issuerName>
                <issueTitle>PETRONET LNG LTD</issueTitle>
                <identifiers>
                  <isin value="INE347G01014"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>12714.310000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BOUGHT HKD/SOLD USD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="19LSKBB1DWX"/>
        </identifiers>
        <balance>1.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-226.160000</valUSD>
        <pctVal>-0.0000385</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>State Street Bank and Trust Co.</counterpartyName>
              <counterpartyLei>571474TGEMMWANRLN572</counterpartyLei>
            </counterparties>
            <amtCurSold>320414.390000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>2495002.780000</amtCurPur>
            <curPur>HKD</curPur>
            <settlementDt>2020-01-02</settlementDt>
            <unrealizedAppr>-226.160000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800KJ7GE29LB4SS73</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 SUN PHARMACEU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J4766"/>
        </identifiers>
        <balance>78714.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>477159.860000</valUSD>
        <pctVal>0.0812085</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SUN PHARMACEUTICAL INDUSTRIES LIMITED</issuerName>
                <issueTitle>SUN PHARMACEUTICAL INDUS</issueTitle>
                <identifiers>
                  <isin value="INE044A01036"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-48342.270000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAP SA</name>
        <lei>54930079GPG23NTBB003</lei>
        <title>CAP SA COMMON STOCK</title>
        <cusip>217431907</cusip>
        <identifiers>
          <isin value="CLP256251073"/>
        </identifiers>
        <balance>18276.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>138500.770000</valUSD>
        <pctVal>0.0235716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAPITEC BANK HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>CAPITEC BANK HOLDINGS LTD COMMON STOCK ZAR.01</title>
        <cusip>644085904</cusip>
        <identifiers>
          <isin value="ZAE000035861"/>
        </identifiers>
        <balance>2621.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>270629.570000</valUSD>
        <pctVal>0.0460588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 TATA CONSULTA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J2786"/>
        </identifiers>
        <balance>117717.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3566236.990000</valUSD>
        <pctVal>0.6069430</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>TATA CONSULTANCY SERVICES LIMITED</issuerName>
                <issueTitle>TATA CONSULTANCY SVCS LTD</issueTitle>
                <identifiers>
                  <isin value="INE467B01029"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>957944.300000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>3358005FZUZ1I25XQH69</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 TECH MAHINDRA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747D1120"/>
        </identifiers>
        <balance>87799.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>937974.630000</valUSD>
        <pctVal>0.1596353</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>TECH MAHINDRA LIMITED</issuerName>
                <issueTitle>TECH MAHINDRA LTD</issueTitle>
                <identifiers>
                  <isin value="INE669C01036"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>99364.050000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CATCHER TECHNOLOGY CO LTD</name>
        <lei>5299006PRSCU66N5JF55</lei>
        <title>CATCHER TECHNOLOGY CO LTD COMMON STOCK TWD10.</title>
        <cusip>618666903</cusip>
        <identifiers>
          <isin value="TW0002474004"/>
        </identifiers>
        <balance>84000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>636249.870000</valUSD>
        <pctVal>0.1082843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CCR SA (AKA: CIA DE CONCESSOES RODOVIARIAS)</name>
        <lei>N/A</lei>
        <title>CCR SA COMMON STOCK</title>
        <cusip>284097904</cusip>
        <identifiers>
          <isin value="BRCCROACNOR2"/>
        </identifiers>
        <balance>147300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>697751.430000</valUSD>
        <pctVal>0.1187513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AES GENER SA</name>
        <lei>549300IF4IFG0FS0RM26</lei>
        <title>GENER S.A. COMMON STOCK</title>
        <cusip>219359908</cusip>
        <identifiers>
          <isin value="CL0001880955"/>
        </identifiers>
        <balance>904810.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>196135.420000</valUSD>
        <pctVal>0.0333806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENCOSUD SA</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>CENCOSUD SA COMMON STOCK</title>
        <cusip>B00R3L901</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
        </identifiers>
        <balance>475045.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>625976.150000</valUSD>
        <pctVal>0.1065358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AES TIETE ENERG SA (AKA: CIA BRASILIANA DE ENERGIA)</name>
        <lei>N/A</lei>
        <title>AES TIETE ENERGIA SA UNIT UNIT</title>
        <cusip>BZ8W2L906</cusip>
        <identifiers>
          <isin value="BRTIETCDAM15"/>
        </identifiers>
        <balance>164400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>658230.880000</valUSD>
        <pctVal>0.1120253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENTRAIS ELETRICAS BRASILEIRAS SA (ELETROBRAS)</name>
        <lei>254900I8KYDELP4B4Z08</lei>
        <title>CENTRAIS ELETRICAS BRAS PR B PREFERENCE</title>
        <cusip>230844003</cusip>
        <identifiers>
          <isin value="BRELETACNPB7"/>
        </identifiers>
        <balance>50100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>478185.890000</valUSD>
        <pctVal>0.0813831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL PATTANA PUB CO LTD</name>
        <lei>N/A</lei>
        <title>CENTRAL PATTANA PUB CO FOREI FOREIGN SH. THB.5 A</title>
        <cusip>B6SR6J900</cusip>
        <identifiers>
          <isin value="TH0481B10Z18"/>
        </identifiers>
        <balance>128600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>266535.670000</valUSD>
        <pctVal>0.0453621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CGN POWER CO LTD</name>
        <lei>529900D2UINCGWQYBK45</lei>
        <title>CGN POWER CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>BSBMM0904</cusip>
        <identifiers>
          <isin value="CNE100001T80"/>
        </identifiers>
        <balance>2443000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>652407.630000</valUSD>
        <pctVal>0.1110342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANDRA ASRI PETROCHEMICAL TBK PT</name>
        <lei>N/A</lei>
        <title>CHANDRA ASRI PETROCHEMICAL COMMON STOCK IDR200.0</title>
        <cusip>B39NJF901</cusip>
        <identifiers>
          <isin value="ID1000090301"/>
        </identifiers>
        <balance>70400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>52550.810000</valUSD>
        <pctVal>0.0089437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANG HWA COMMERCIAL BANK</name>
        <lei>549300FHFNGCSKDTHT42</lei>
        <title>CHANG HWA COMMERCIAL BANK COMMON STOCK TWD10.</title>
        <cusip>618785901</cusip>
        <identifiers>
          <isin value="TW0002801008"/>
        </identifiers>
        <balance>803704.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>609030.470000</valUSD>
        <pctVal>0.1036518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHAROEN POKPHAND FOODS PUB</name>
        <lei>529900FJ3AI2GKGIWK15</lei>
        <title>CHAROEN POKPHAND FOOD FORGN FOREIGN SH. THB1.0 A</title>
        <cusip>B5L2DG902</cusip>
        <identifiers>
          <isin value="TH0101A10Z19"/>
        </identifiers>
        <balance>966700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>886208.920000</valUSD>
        <pctVal>0.1508252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENG SHIN RUBBER INDUSTRY CO LTD</name>
        <lei>3003006VZBNKJZLNJ718</lei>
        <title>CHENG SHIN RUBBER IND CO LTD COMMON STOCK TWD10.</title>
        <cusip>619022007</cusip>
        <identifiers>
          <isin value="TW0002105004"/>
        </identifiers>
        <balance>525000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>732321.850000</valUSD>
        <pctVal>0.1246349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA AGRI-INDUSTRIES HOLDINGS LIMITED</name>
        <lei>529900SIMRV6LK11QF20</lei>
        <title>CHINA AGRI INDUSTRIES HLDGS COMMON STOCK</title>
        <cusip>B1TLR6908</cusip>
        <identifiers>
          <isin value="HK0606037437"/>
        </identifiers>
        <balance>892000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>472483.660000</valUSD>
        <pctVal>0.0804127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA AIRLINES LTD</name>
        <lei>25490032B2A0G6D0JP27</lei>
        <title>CHINA AIRLINES LTD COMMON STOCK TWD10.</title>
        <cusip>618965909</cusip>
        <identifiers>
          <isin value="TW0002610003"/>
        </identifiers>
        <balance>948000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>286525.400000</valUSD>
        <pctVal>0.0487642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA BLUECHEMICAL LTD</name>
        <lei>529900A9VMPOCJ331Y42</lei>
        <title>CHINA BLUECHEMICAL LTD   H COMMON STOCK CNY1.0</title>
        <cusip>B1DN3X908</cusip>
        <identifiers>
          <isin value="CNE1000002D0"/>
        </identifiers>
        <balance>648000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>159651.340000</valUSD>
        <pctVal>0.0271713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA COMMUNICATIONS SERVICES CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA COMMUNICATIONS SERVI H COMMON STOCK CNY1.0</title>
        <cusip>B1HVJ1909</cusip>
        <identifiers>
          <isin value="CNE1000002G3"/>
        </identifiers>
        <balance>326000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>237648.450000</valUSD>
        <pctVal>0.0404457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA EVERBRIGHT BANK COMPANY LIMITED</name>
        <lei>549300U6PKQ4H1P34E17</lei>
        <title>CHINA EVERBRIGHT BANK CO L H COMMON STOCK CNY1.0</title>
        <cusip>B5NRRJ904</cusip>
        <identifiers>
          <isin value="CNE100001QW3"/>
        </identifiers>
        <balance>215000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>99857.560000</valUSD>
        <pctVal>0.0169949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA EVERBRIGHT LIMITED</name>
        <lei>254900EZ9RZF6UMLY516</lei>
        <title>CHINA EVERBRIGHT LTD COMMON STOCK</title>
        <cusip>645514902</cusip>
        <identifiers>
          <isin value="HK0165000859"/>
        </identifiers>
        <balance>190000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>354848.130000</valUSD>
        <pctVal>0.0603921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA GALAXY SECURITIES CO LTD</name>
        <lei>3003008KFQXO06OK8582</lei>
        <title>CHINA GALAXY SECURITIES CO H COMMON STOCK CNY1.0</title>
        <cusip>B92NYF908</cusip>
        <identifiers>
          <isin value="CNE100001NT6"/>
        </identifiers>
        <balance>633000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>372900.710000</valUSD>
        <pctVal>0.0634645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA HONGQIAO GROUP LIMITED</name>
        <lei>3003009Q4IBFSDE24571</lei>
        <title>CHINA HONGQIAO GROUP LTD COMMON STOCK USD.01</title>
        <cusip>B44ZV9907</cusip>
        <identifiers>
          <isin value="KYG211501005"/>
        </identifiers>
        <balance>65000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>39200.390000</valUSD>
        <pctVal>0.0066716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA JINMAO HOLDINGS GROUP LTD (AKA: FRANSHION PROPERTIES CHINA LTD)</name>
        <lei>3003000CW9WBO3PJ7R66</lei>
        <title>CHINA JINMAO HOLDINGS GROUP COMMON STOCK</title>
        <cusip>B23TGR903</cusip>
        <identifiers>
          <isin value="HK0817039453"/>
        </identifiers>
        <balance>408000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>317624.670000</valUSD>
        <pctVal>0.0540570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA LESSO GROUP HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA LESSO GROUP HOLDINGS L COMMON STOCK HKD.05</title>
        <cusip>BCDBKF900</cusip>
        <identifiers>
          <isin value="KYG2157Q1029"/>
        </identifiers>
        <balance>88000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>112905.710000</valUSD>
        <pctVal>0.0192156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA LIFE INSURANCE COMPANY LIMITED</name>
        <lei>549300J6TFLDXGH6S048</lei>
        <title>CHINA LIFE INSURANCE CO H COMMON STOCK CNY1.0</title>
        <cusip>671897908</cusip>
        <identifiers>
          <isin value="CNE1000002L3"/>
        </identifiers>
        <balance>641000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1783041.900000</valUSD>
        <pctVal>0.3034585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MENGNIU DAIRY COMPANY LIMITED</name>
        <lei>2549005Q343BSJ8RSS21</lei>
        <title>CHINA MENGNIU DAIRY CO COMMON STOCK HKD.1</title>
        <cusip>B01B1L907</cusip>
        <identifiers>
          <isin value="KYG210961051"/>
        </identifiers>
        <balance>192000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>776657.630000</valUSD>
        <pctVal>0.1321805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MERCHANTS BANK CO LTD</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>CHINA MERCHANTS BANK H COMMON STOCK CNY1.0</title>
        <cusip>B1DYPZ905</cusip>
        <identifiers>
          <isin value="CNE1000002M1"/>
        </identifiers>
        <balance>307000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1578326.390000</valUSD>
        <pctVal>0.2686176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MINSHENG BANKING CORP LTD</name>
        <lei>549300HBUGSQD1VCXG94</lei>
        <title>CHINA MINSHENG BANKING COR H COMMON STOCK CNY1.0</title>
        <cusip>B57JY2909</cusip>
        <identifiers>
          <isin value="CNE100000HF9"/>
        </identifiers>
        <balance>183500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>138684.060000</valUSD>
        <pctVal>0.0236028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NATIONAL BUILDING MATERIAL COMPANY</name>
        <lei>52990085PGF8YEPLBZ26</lei>
        <title>CHINA NATIONAL BUILDING MA H COMMON STOCK CNY1.0</title>
        <cusip>B0Y91C906</cusip>
        <identifiers>
          <isin value="CNE1000002N9"/>
        </identifiers>
        <balance>918000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1024143.550000</valUSD>
        <pctVal>0.1743005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA OILFIELD SERVICES LIMITED</name>
        <lei>529900J4X53VL8QQW675</lei>
        <title>CHINA OILFIELD SERVICES H COMMON STOCK CNY1.0</title>
        <cusip>656099900</cusip>
        <identifiers>
          <isin value="CNE1000002P4"/>
        </identifiers>
        <balance>68000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>106761.130000</valUSD>
        <pctVal>0.0181698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA ORIENTAL GROUP COMPANY LIMITED</name>
        <lei>254900JSQWBLJHVYA555</lei>
        <title>CHINA ORIENTAL GROUP CO LTD COMMON STOCK HKD.1</title>
        <cusip>674101902</cusip>
        <identifiers>
          <isin value="BMG2108V1019"/>
        </identifiers>
        <balance>414000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>171684.380000</valUSD>
        <pctVal>0.0292192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA OVERSEAS LAND &amp; INVESTMENT LTD</name>
        <lei>529900I6W35GYKRIZ151</lei>
        <title>CHINA OVERSEAS LAND + INVEST COMMON STOCK</title>
        <cusip>619215007</cusip>
        <identifiers>
          <isin value="HK0688002218"/>
        </identifiers>
        <balance>1046000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4073745.350000</valUSD>
        <pctVal>0.6933166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA PACIFIC INSURANCE (GROUP) CO LTD</name>
        <lei>529900BA5ILEL308WX03</lei>
        <title>CHINA PACIFIC INSURANCE GR H COMMON STOCK CNY1.0</title>
        <cusip>B2Q5H5907</cusip>
        <identifiers>
          <isin value="CNE1000009Q7"/>
        </identifiers>
        <balance>197800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>779334.990000</valUSD>
        <pctVal>0.1326361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA PETROLEUM &amp; CHEMICAL CORP (AKA: SINOPEC)</name>
        <lei>529900A2OB24EZ5B3J19</lei>
        <title>CHINA PETROLEUM + CHEMICAL H COMMON STOCK CNY1.0</title>
        <cusip>629181900</cusip>
        <identifiers>
          <isin value="CNE1000002Q2"/>
        </identifiers>
        <balance>6634000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3994535.020000</valUSD>
        <pctVal>0.6798357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA POWER INTERNATIONAL DEVELOPMENT</name>
        <lei>529900MDOW3M0UV2ST42</lei>
        <title>CHINA POWER INTERNATIONAL COMMON STOCK</title>
        <cusip>B02ZKQ901</cusip>
        <identifiers>
          <isin value="HK2380027329"/>
        </identifiers>
        <balance>1642000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>351952.690000</valUSD>
        <pctVal>0.0598993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RAILWAY SIGNAL &amp; COMMUNICATION CORPORATION LIMITED</name>
        <lei>529900GK68ZHDM38WD21</lei>
        <title>CHINA RAILWAY SIGNAL + COM H COMMON STOCK CNY1.0</title>
        <cusip>BYVDW4900</cusip>
        <identifiers>
          <isin value="CNE1000021L3"/>
        </identifiers>
        <balance>133000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>74260.690000</valUSD>
        <pctVal>0.0126385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA REINSURANCE (GROUP) CORPORATION</name>
        <lei>300300F3000111000079</lei>
        <title>CHINA REINSURANCE GROUP CO H COMMON STOCK CNY1.0</title>
        <cusip>BYYN34907</cusip>
        <identifiers>
          <isin value="CNE100002342"/>
        </identifiers>
        <balance>1374000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>225826.690000</valUSD>
        <pctVal>0.0384338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES BEER HOLDINGS COMPANY LTD (AKA: CHINA RESOURCES ENTERPRISES LTD)</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES BEER HOLDING COMMON STOCK</title>
        <cusip>697245009</cusip>
        <identifiers>
          <isin value="HK0291001490"/>
        </identifiers>
        <balance>554000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3064496.610000</valUSD>
        <pctVal>0.5215511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES GAS GROUP LIMITED</name>
        <lei>529900A0E1J5JSOKEK83</lei>
        <title>CHINA RESOURCES GAS GROUP LT COMMON STOCK HKD.1</title>
        <cusip>653551903</cusip>
        <identifiers>
          <isin value="BMG2113B1081"/>
        </identifiers>
        <balance>196000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1076974.080000</valUSD>
        <pctVal>0.1832918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES LAND LIMITED</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>CHINA RESOURCES LAND LTD COMMON STOCK HKD.1</title>
        <cusip>619376908</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
        </identifiers>
        <balance>536000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2666779.980000</valUSD>
        <pctVal>0.4538631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES PHARMACEUTICAL GROUP LIMITED</name>
        <lei>3003004H1KDKMJ8JD874</lei>
        <title>CHINA RESOURCES PHARMACEUTIC COMMON STOCK</title>
        <cusip>BYNGG2904</cusip>
        <identifiers>
          <isin value="HK0000311099"/>
        </identifiers>
        <balance>235500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>218320.560000</valUSD>
        <pctVal>0.0371563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES POWER HOLDINGS COMPANY LIMITED</name>
        <lei>529900K60FC0AI053735</lei>
        <title>CHINA RESOURCES POWER HOLDIN COMMON STOCK</title>
        <cusip>671156909</cusip>
        <identifiers>
          <isin value="HK0836012952"/>
        </identifiers>
        <balance>828000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1162589.120000</valUSD>
        <pctVal>0.1978627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SHENHUA ENERGY COMPANY LIMITED</name>
        <lei>529900N9JOX4C108MA40</lei>
        <title>CHINA SHENHUA ENERGY CO H COMMON STOCK CNY1.0</title>
        <cusip>B09N7M905</cusip>
        <identifiers>
          <isin value="CNE1000002R0"/>
        </identifiers>
        <balance>705000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1474086.480000</valUSD>
        <pctVal>0.2508769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SOUTHERN AIRLINES COMPANY LIMITED</name>
        <lei>529900AJQ1Q18ABYVX84</lei>
        <title>CHINA SOUTHERN AIRLINES CO H COMMON STOCK CNY1.0</title>
        <cusip>601369903</cusip>
        <identifiers>
          <isin value="CNE1000002T6"/>
        </identifiers>
        <balance>386000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>259538.400000</valUSD>
        <pctVal>0.0441712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA STATE CONSTRUCTION INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>529900QVUUH13RIZIR85</lei>
        <title>CHINA STATE CONSTRUCTION INT COMMON STOCK HKD.025</title>
        <cusip>B0BM5T901</cusip>
        <identifiers>
          <isin value="KYG216771363"/>
        </identifiers>
        <balance>208000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>188846.320000</valUSD>
        <pctVal>0.0321400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA STEEL CORPORATION</name>
        <lei>529900D3N7UIJMVJ9120</lei>
        <title>CHINA STEEL CORP COMMON STOCK TWD10.</title>
        <cusip>619095904</cusip>
        <identifiers>
          <isin value="TW0002002003"/>
        </identifiers>
        <balance>1574000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1255867.910000</valUSD>
        <pctVal>0.2137380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA TELECOM CORPORATION LIMITED</name>
        <lei>529900JXXCCUCX634T88</lei>
        <title>CHINA TELECOM CORP LTD H COMMON STOCK CNY1.0</title>
        <cusip>655933901</cusip>
        <identifiers>
          <isin value="CNE1000002V2"/>
        </identifiers>
        <balance>2998000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1235142.300000</valUSD>
        <pctVal>0.2102107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA TOWER CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA TOWER CORP LTD H COMMON STOCK CNY1.0</title>
        <cusip>BFZ2PK903</cusip>
        <identifiers>
          <isin value="CNE100003688"/>
        </identifiers>
        <balance>3286000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>725976.050000</valUSD>
        <pctVal>0.1235549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA UNICOM (HONG KONG) LIMITED</name>
        <lei>5299006RQXYNFYPOUS20</lei>
        <title>CHINA UNICOM HONG KONG LTD COMMON STOCK</title>
        <cusip>626383905</cusip>
        <identifiers>
          <isin value="HK0000049939"/>
        </identifiers>
        <balance>488000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>459510.590000</valUSD>
        <pctVal>0.0782048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINATRUST FINANCIAL HOLDING CO LTD</name>
        <lei>549300IWDYIFW6JXM387</lei>
        <title>CTBC FINANCIAL HOLDING CO LT COMMON STOCK TWD10.</title>
        <cusip>652766908</cusip>
        <identifiers>
          <isin value="TW0002891009"/>
        </identifiers>
        <balance>2243000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1678082.970000</valUSD>
        <pctVal>0.2855954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHUNGHWA TELECOM CO LTD</name>
        <lei>N/A</lei>
        <title>CHUNGHWA TELECOM CO LTD COMMON STOCK TWD10.</title>
        <cusip>628784902</cusip>
        <identifiers>
          <isin value="TW0002412004"/>
        </identifiers>
        <balance>929000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3407951.450000</valUSD>
        <pctVal>0.5800042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIA CERVECERIAS UNIDAS SA</name>
        <lei>529900BJW9B0O6LI2R39</lei>
        <title>CIA CERVECERIAS UNI SPON ADR ADR</title>
        <cusip>204429104</cusip>
        <identifiers>
          <isin value="US2044291043"/>
        </identifiers>
        <balance>35089.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>665638.330000</valUSD>
        <pctVal>0.1132859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIA ENERGETICA DE MINAS GER</name>
        <lei>254900W703PXLDSEM056</lei>
        <title>CIA ENERGETICA MINAS GER PRF PREFERENCE</title>
        <cusip>B1YBRG902</cusip>
        <identifiers>
          <isin value="BRCMIGACNPR3"/>
        </identifiers>
        <balance>567169.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1953625.440000</valUSD>
        <pctVal>0.3324903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIA ENERGETICA DE SAO PAULO</name>
        <lei>N/A</lei>
        <title>CIA ENERGETICA DE SP PREF B PREFERENCE</title>
        <cusip>B17MHG909</cusip>
        <identifiers>
          <isin value="BRCESPACNPB4"/>
        </identifiers>
        <balance>130200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1036683.140000</valUSD>
        <pctVal>0.1764346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIA PARANAENSE DE ENERGIA</name>
        <lei>N/A</lei>
        <title>CIA PARANAENSE DE ENERGI PFB PREFERENCE</title>
        <cusip>220015903</cusip>
        <identifiers>
          <isin value="BRCPLEACNPB9"/>
        </identifiers>
        <balance>82100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1415902.470000</valUSD>
        <pctVal>0.2409745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIA SANEAMENTO BASICO ESTADO DE SAOPAULO (SABESP)</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>CIA SANEAMENTO BASICO DE ADR ADR</title>
        <cusip>20441A102</cusip>
        <identifiers>
          <isin value="US20441A1025"/>
        </identifiers>
        <balance>45007.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>677355.350000</valUSD>
        <pctVal>0.1152801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGILE GROUP HOLDINGS LTD (AKA: AGILE PROPERTY HOLDINGS LIMITED)</name>
        <lei>549300ZRISRT38EEYY07</lei>
        <title>AGILE GROUP HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B0PR2F908</cusip>
        <identifiers>
          <isin value="KYG011981035"/>
        </identifiers>
        <balance>488000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>733322.600000</valUSD>
        <pctVal>0.1248052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIFI HOLDINGS (GROUP) CO LTD</name>
        <lei>549300WGKSV867C0JF48</lei>
        <title>CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1</title>
        <cusip>B8Z00N904</cusip>
        <identifiers>
          <isin value="KYG2140A1076"/>
        </identifiers>
        <balance>254000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>214765.880000</valUSD>
        <pctVal>0.0365513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIMB GROUP HOLDINGS BHD</name>
        <lei>549300FYDN5UD7USZW18</lei>
        <title>CIMB GROUP HOLDINGS BHD COMMON STOCK MYR1.</title>
        <cusip>607574001</cusip>
        <identifiers>
          <isin value="MYL1023OO000"/>
        </identifiers>
        <balance>514700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>648274.120000</valUSD>
        <pctVal>0.1103307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CJ CHEILJEDANG CORPORATION</name>
        <lei>9884008938PK154I3A92</lei>
        <title>CJ CHEILJEDANG CORP COMMON STOCK KRW5000.0</title>
        <cusip>B2492F907</cusip>
        <identifiers>
          <isin value="KR7097950000"/>
        </identifiers>
        <balance>797.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>173784.110000</valUSD>
        <pctVal>0.0295766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CJ CORPORATION</name>
        <lei>N/A</lei>
        <title>CJ CORP COMMON STOCK KRW5000.</title>
        <cusip>618951008</cusip>
        <identifiers>
          <isin value="KR7001040005"/>
        </identifiers>
        <balance>6107.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>509215.770000</valUSD>
        <pctVal>0.0866642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CJ LOGISTICS CORPORATION (AKA: KOREA EXPRESS CORP)</name>
        <lei>N/A</lei>
        <title>CJ LOGISTICS COMMON STOCK KRW5000.0</title>
        <cusip>649711900</cusip>
        <identifiers>
          <isin value="KR7000120006"/>
        </identifiers>
        <balance>1122.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>150148.790000</valUSD>
        <pctVal>0.0255540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNOOC LIMITED</name>
        <lei>549300XIVJCBIGMRUD48</lei>
        <title>CNOOC LTD COMMON STOCK</title>
        <cusip>B00G0S903</cusip>
        <identifiers>
          <isin value="HK0883013259"/>
        </identifiers>
        <balance>1270000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2111793.250000</valUSD>
        <pctVal>0.3594091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGUAS ANDINAS SA</name>
        <lei>N/A</lei>
        <title>AGUAS ANDINAS SA A COMMON STOCK</title>
        <cusip>231123902</cusip>
        <identifiers>
          <isin value="CL0000000035"/>
        </identifiers>
        <balance>650458.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>275944.010000</valUSD>
        <pctVal>0.0469633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COGNA EDUCACAO</name>
        <lei>549300BTP1E45NJ6R194</lei>
        <title>COGNA EDUCACAO COMMON STOCK</title>
        <cusip>BHNWPB906</cusip>
        <identifiers>
          <isin value="BRCOGNACNOR2"/>
        </identifiers>
        <balance>187850.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>536403.440000</valUSD>
        <pctVal>0.0912913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLBUN SA</name>
        <lei>5493003VQJLE2QB8IF36</lei>
        <title>COLBUN SA COMMON STOCK</title>
        <cusip>230925901</cusip>
        <identifiers>
          <isin value="CLP3615W1037"/>
        </identifiers>
        <balance>1921674.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>306670.500000</valUSD>
        <pctVal>0.0521927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPAL ELECTRONICS INC</name>
        <lei>529900ZPKWFDL21LW166</lei>
        <title>COMPAL ELECTRONICS COMMON STOCK TWD10.</title>
        <cusip>622574903</cusip>
        <identifiers>
          <isin value="TW0002324001"/>
        </identifiers>
        <balance>1178000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>741973.460000</valUSD>
        <pctVal>0.1262775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPANHIA DE SANEAMENTO DE MINAS GERAIS COPASA MG</name>
        <lei>N/A</lei>
        <title>CIA SANEAMENTO MINAS GERAIS COMMON STOCK</title>
        <cusip>B0YBZJ909</cusip>
        <identifiers>
          <isin value="BRCSMGACNOR5"/>
        </identifiers>
        <balance>6800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>115340.270000</valUSD>
        <pctVal>0.0196299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPANHIA DE TRANSMISSAO DE ENERGIA ELETRICA PAULISTA</name>
        <lei>N/A</lei>
        <title>CIA DE TRANSMISSAO DE ENE PF PREFERENCE</title>
        <cusip>244097903</cusip>
        <identifiers>
          <isin value="BRTRPLACNPR1"/>
        </identifiers>
        <balance>91100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>512283.610000</valUSD>
        <pctVal>0.0871863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPANHIA SIDERURGICA NACIONAL SA (CSN)</name>
        <lei>529900K40TEND42S0T46</lei>
        <title>CIA SIDERURGICA NACIONAL SA COMMON STOCK</title>
        <cusip>B019KX905</cusip>
        <identifiers>
          <isin value="BRCSNAACNOR6"/>
        </identifiers>
        <balance>217700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>767573.230000</valUSD>
        <pctVal>0.1306344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSAN LIMITED</name>
        <lei>6354007UNEBWHVSGS270</lei>
        <title>COSAN LTD CLASS A SHARES COMMON STOCK USD.01</title>
        <cusip>G25343107</cusip>
        <identifiers>
          <isin value="BMG253431073"/>
        </identifiers>
        <balance>9338.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>213279.920000</valUSD>
        <pctVal>0.0362984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSAN SA</name>
        <lei>N/A</lei>
        <title>COSAN SA COMMON STOCK</title>
        <cusip>B0P72G900</cusip>
        <identifiers>
          <isin value="BRCSANACNOR6"/>
        </identifiers>
        <balance>17900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>311048.680000</valUSD>
        <pctVal>0.0529378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING ENERGY TRANSPORTATION CO LTD (CHINA SHIPPING DEVELOPMENT CO LTD)</name>
        <lei>529900IGB8FVHRCR1W95</lei>
        <title>COSCO SHIPPING ENERGY TRAN H COMMON STOCK CNY1.0</title>
        <cusip>678204900</cusip>
        <identifiers>
          <isin value="CNE1000002S8"/>
        </identifiers>
        <balance>216000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>102020.420000</valUSD>
        <pctVal>0.0173630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING PORTS LTD (AKA: COSCO PACIFIC LTD)</name>
        <lei>5299008QX6KA3JHWK507</lei>
        <title>COSCO SHIPPING PORTS LTD COMMON STOCK HKD.1</title>
        <cusip>635425903</cusip>
        <identifiers>
          <isin value="BMG2442N1048"/>
        </identifiers>
        <balance>296000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>242430.580000</valUSD>
        <pctVal>0.0412596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CP ALL PCL</name>
        <lei>N/A</lei>
        <title>CP ALL PCL FOREIGN FOREIGN SH. THB1.0 A</title>
        <cusip>B08YDF900</cusip>
        <identifiers>
          <isin value="TH0737010Y16"/>
        </identifiers>
        <balance>789700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1902838.900000</valUSD>
        <pctVal>0.3238469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIRPORTS OF THAILAND PCL</name>
        <lei>5299006VS4CU6LW0TY22</lei>
        <title>AIRPORTS OF THAILAND PCL FOR FOREIGN SH. THB1.0 A</title>
        <cusip>ACI0SCQN0</cusip>
        <identifiers>
          <isin value="TH0765010Z16"/>
        </identifiers>
        <balance>534000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1321850.090000</valUSD>
        <pctVal>0.2249676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSPC PHARMACEUTICAL GROUP LIMITED</name>
        <lei>529900M3XQCW234H8O91</lei>
        <title>CSPC PHARMACEUTICAL GROUP LT COMMON STOCK</title>
        <cusip>619199904</cusip>
        <identifiers>
          <isin value="HK1093012172"/>
        </identifiers>
        <balance>466000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1112060.560000</valUSD>
        <pctVal>0.1892632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CYFROWY POLSAT SA</name>
        <lei>259400EM1ITR201TTX36</lei>
        <title>CYFROWY POLSAT SA COMMON STOCK PLN.04</title>
        <cusip>B2QRCM907</cusip>
        <identifiers>
          <isin value="PLCFRPT00013"/>
        </identifiers>
        <balance>30237.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>222291.960000</valUSD>
        <pctVal>0.0378322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CYRELA BRAZIL REALTY SA EMPREENDIMENTOS</name>
        <lei>N/A</lei>
        <title>CYRELA BRAZIL REALTY SA EMP COMMON STOCK</title>
        <cusip>218985901</cusip>
        <identifiers>
          <isin value="BRCYREACNOR7"/>
        </identifiers>
        <balance>60700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>451345.880000</valUSD>
        <pctVal>0.0768152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAELIM INDUSTRIAL CO LTD</name>
        <lei>988400LJMYZ3ZOXJVE47</lei>
        <title>DAELIM INDUSTRIAL CO LTD COMMON STOCK KRW5000.</title>
        <cusip>624958906</cusip>
        <identifiers>
          <isin value="KR7000210005"/>
        </identifiers>
        <balance>6253.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>489169.560000</valUSD>
        <pctVal>0.0832525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAEWOO SHIPBUILDING &amp;MARINE ENGINEERING</name>
        <lei>N/A</lei>
        <title>DAEWOO SHIPBUILDING + MARINE COMMON STOCK KRW5000.</title>
        <cusip>621173905</cusip>
        <identifiers>
          <isin value="KR7042660001"/>
        </identifiers>
        <balance>2620.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>62871.690000</valUSD>
        <pctVal>0.0107002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAH CHONG HONG HOLDINGS LIMITED</name>
        <lei>254900ITXVH9ZU77KK47</lei>
        <title>DAH CHONG HONG COMMON STOCK</title>
        <cusip>B284BK903</cusip>
        <identifiers>
          <isin value="HK1828040670"/>
        </identifiers>
        <balance>440000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>208924.190000</valUSD>
        <pctVal>0.0355571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AK TRANSNEFT PJSC (AKA: TRANSNEFT OAO, TRANSNEFT PAO)</name>
        <lei>N/A</lei>
        <title>TRANSNEFT PJSC PREFERENCE</title>
        <cusip>B59NHY907</cusip>
        <identifiers>
          <isin value="RU0009091573"/>
        </identifiers>
        <balance>221.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>629355.730000</valUSD>
        <pctVal>0.1071110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DALI FOODS GROUP COMPANY LIMITED</name>
        <lei>52990093PPQC644N7T38</lei>
        <title>DALI FOODS GROUP CO LTD COMMON STOCK HKD.01</title>
        <cusip>BYQ979902</cusip>
        <identifiers>
          <isin value="KYG2743Y1061"/>
        </identifiers>
        <balance>433000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>320789.970000</valUSD>
        <pctVal>0.0545957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AKBANK TURK ANONIM SIRKETI</name>
        <lei>789000TUMN63Z28TJ497</lei>
        <title>AKBANK T.A.S. COMMON STOCK TRY1.</title>
        <cusip>B03MN7908</cusip>
        <identifiers>
          <isin value="TRAAKBNK91N6"/>
        </identifiers>
        <balance>148020.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>201620.810000</valUSD>
        <pctVal>0.0343141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DATANG INTERNATIONAL POWER GENERATION CO LTD</name>
        <lei>213800VW156IS7SJUL96</lei>
        <title>DATANG INTL POWER GEN CO H COMMON STOCK CNY1.0</title>
        <cusip>608071908</cusip>
        <identifiers>
          <isin value="CNE1000002Z3"/>
        </identifiers>
        <balance>598000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>114332.550000</valUSD>
        <pctVal>0.0194584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DB INSURANCE CO LTD (AKA: DONGBU INSURANCE CO LTD)</name>
        <lei>9884000ZF26VNJBWSJ91</lei>
        <title>DB INSURANCE CO LTD COMMON STOCK KRW500.0</title>
        <cusip>615593902</cusip>
        <identifiers>
          <isin value="KR7005830005"/>
        </identifiers>
        <balance>7777.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>351298.880000</valUSD>
        <pctVal>0.0597881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DELTA ELECTRONICS INC</name>
        <lei>529900UVZWNWGDLJSM52</lei>
        <title>DELTA ELECTRONICS INC COMMON STOCK TWD10.</title>
        <cusip>626073902</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
        </identifiers>
        <balance>205000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1037376.650000</valUSD>
        <pctVal>0.1765526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DELTA ELECTRONICS THAI PCL</name>
        <lei>529900JKLVG9Y2SVWL93</lei>
        <title>DELTA ELECTRONICS THAI FORGN FOREIGN SH. THB1.0 A</title>
        <cusip>641891908</cusip>
        <identifiers>
          <isin value="TH0528010Z18"/>
        </identifiers>
        <balance>179000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>319709.550000</valUSD>
        <pctVal>0.0544118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DGB FINANCIAL GROUP INC</name>
        <lei>N/A</lei>
        <title>DGB FINANCIAL GROUP INC COMMON STOCK KRW5000.</title>
        <cusip>B68N34907</cusip>
        <identifiers>
          <isin value="KR7139130009"/>
        </identifiers>
        <balance>1958.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>12036.920000</valUSD>
        <pctVal>0.0020486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIGI.COM BHD</name>
        <lei>N/A</lei>
        <title>DIGI.COM BHD COMMON STOCK MYR.01</title>
        <cusip>608624904</cusip>
        <identifiers>
          <isin value="MYL6947OO005"/>
        </identifiers>
        <balance>350900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>383006.600000</valUSD>
        <pctVal>0.0651844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DMCI HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>DMCI HOLDINGS INC COMMON STOCK PHP1.</title>
        <cusip>627248909</cusip>
        <identifiers>
          <isin value="PHY2088F1004"/>
        </identifiers>
        <balance>714700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>93280.030000</valUSD>
        <pctVal>0.0158755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DONGKUK STEEL MILL CO LTD</name>
        <lei>N/A</lei>
        <title>DONGKUK STEEL MILL CO LTD COMMON STOCK KRW5000.</title>
        <cusip>627611908</cusip>
        <identifiers>
          <isin value="KR7001230002"/>
        </identifiers>
        <balance>32431.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>166002.150000</valUSD>
        <pctVal>0.0282521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOOSAN BOBCAT INC</name>
        <lei>N/A</lei>
        <title>DOOSAN BOBCAT INC COMMON STOCK KRW500.0</title>
        <cusip>BYX9GP908</cusip>
        <identifiers>
          <isin value="KR7241560002"/>
        </identifiers>
        <balance>5956.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>176873.560000</valUSD>
        <pctVal>0.0301024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOOSAN CO LTD</name>
        <lei>988400GNQKLXZRRQQE60</lei>
        <title>DOOSAN CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>666111000</cusip>
        <identifiers>
          <isin value="KR7000150003"/>
        </identifiers>
        <balance>1270.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>77193.000000</valUSD>
        <pctVal>0.0131376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOOSAN HEAVY INDUSTRIES &amp; CONSTRUCTION CO LTD</name>
        <lei>988400TK5NA3GLSTN506</lei>
        <title>DOOSAN HEAVY INDUSTRIES COMMON STOCK KRW5000.0</title>
        <cusip>629467903</cusip>
        <identifiers>
          <isin value="KR7034020008"/>
        </identifiers>
        <balance>35258.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>174219.120000</valUSD>
        <pctVal>0.0296506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="137861.290000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOOSAN INFRACORE CO LTD</name>
        <lei>988400TP9XND969CO672</lei>
        <title>DOOSAN INFRACORE CO LTD COMMON STOCK KRW5000.</title>
        <cusip>621167907</cusip>
        <identifiers>
          <isin value="KR7042670000"/>
        </identifiers>
        <balance>11031.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>52802.320000</valUSD>
        <pctVal>0.0089865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DR REDDYS LABORATORIES LIMITED</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>DR. REDDY S LABORATORIES ADR ADR</title>
        <cusip>256135203</cusip>
        <identifiers>
          <isin value="US2561352038"/>
        </identifiers>
        <balance>48861.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1982779.380000</valUSD>
        <pctVal>0.3374521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E-MART CO LTD</name>
        <lei>988400SAX0Q74FRA9981</lei>
        <title>E MART INC COMMON STOCK KRW5000.0</title>
        <cusip>ACI00M683</cusip>
        <identifiers>
          <isin value="KR7139480008"/>
        </identifiers>
        <balance>5781.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>636028.820000</valUSD>
        <pctVal>0.1082467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E.SUN FINANCIAL HOLDING CO LTD</name>
        <lei>549300X6CNQE512OPC90</lei>
        <title>E.SUN FINANCIAL HOLDING CO COMMON STOCK TWD10.</title>
        <cusip>643391907</cusip>
        <identifiers>
          <isin value="TW0002884004"/>
        </identifiers>
        <balance>1561965.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1455620.180000</valUSD>
        <pctVal>0.2477341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDP ENERGIAS DO BRASIL SA</name>
        <lei>N/A</lei>
        <title>EDP   ENERGIAS DO BRASIL SA COMMON STOCK</title>
        <cusip>B0D749907</cusip>
        <identifiers>
          <isin value="BRENBRACNOR2"/>
        </identifiers>
        <balance>18300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>100888.530000</valUSD>
        <pctVal>0.0171704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELECTRICITY GENERATING PCL</name>
        <lei>5299009MZ255FT79SF55</lei>
        <title>ELECTRICITY GEN PUB CO FOREI FOREIGN SH. THB10.0 A</title>
        <cusip>630464907</cusip>
        <identifiers>
          <isin value="TH0465010013"/>
        </identifiers>
        <balance>49800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>544641.070000</valUSD>
        <pctVal>0.0926933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMBOTELLADORA ANDINA SA</name>
        <lei>254900NNPKP1J9XTSA53</lei>
        <title>EMBOTELLADORA ANDINA PREF B PREFERENCE</title>
        <cusip>231145905</cusip>
        <identifiers>
          <isin value="CLP3697S1034"/>
        </identifiers>
        <balance>115763.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>335457.910000</valUSD>
        <pctVal>0.0570921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMBRAER SA</name>
        <lei>549300EM51WYXFHUY333</lei>
        <title>EMBRAER SA SPON ADR ADR</title>
        <cusip>29082A107</cusip>
        <identifiers>
          <isin value="US29082A1079"/>
        </identifiers>
        <balance>42332.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>825050.680000</valUSD>
        <pctVal>0.1404166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMPRESAS CMPC SA</name>
        <lei>N/A</lei>
        <title>EMPRESAS CMPC SA COMMON STOCK</title>
        <cusip>219601903</cusip>
        <identifiers>
          <isin value="CL0000001314"/>
        </identifiers>
        <balance>189778.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>465128.490000</valUSD>
        <pctVal>0.0791609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMPRESAS COPEC SA</name>
        <lei>549300Q3IDJYG6Z7PA50</lei>
        <title>EMPRESAS COPEC SA COMMON STOCK</title>
        <cusip>219602901</cusip>
        <identifiers>
          <isin value="CLP7847L1080"/>
        </identifiers>
        <balance>61635.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>553590.740000</valUSD>
        <pctVal>0.0942164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENEA SA</name>
        <lei>2594003JTXPYO8NOG018</lei>
        <title>ENEA SA COMMON STOCK PLN1.</title>
        <cusip>B3F97B907</cusip>
        <identifiers>
          <isin value="PLENEA000013"/>
        </identifiers>
        <balance>45926.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>95812.830000</valUSD>
        <pctVal>0.0163065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENEL AMERICAS SA (AKA: ENERSIS SA)</name>
        <lei>549300LKH11TFCJLZK20</lei>
        <title>ENEL AMERICAS SA COMMON STOCK</title>
        <cusip>229945902</cusip>
        <identifiers>
          <isin value="CLP371861061"/>
        </identifiers>
        <balance>6760658.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>1501602.990000</valUSD>
        <pctVal>0.2555600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENEL CHILE SA (AKA: ENERSIS CHILE)</name>
        <lei>549300YM5CWCAUVOPB53</lei>
        <title>ENEL CHILE SA COMMON STOCK</title>
        <cusip>BYMLZD909</cusip>
        <identifiers>
          <isin value="CL0002266774"/>
        </identifiers>
        <balance>4052933.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>379987.730000</valUSD>
        <pctVal>0.0646707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENERGA SA</name>
        <lei>259400HYI1DKOD4Y1V58</lei>
        <title>ENERGA SA COMMON STOCK PLN10.92</title>
        <cusip>BGQYBX908</cusip>
        <identifiers>
          <isin value="PLENERG00022"/>
        </identifiers>
        <balance>43538.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>81248.590000</valUSD>
        <pctVal>0.0138278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENGIE BRASIL SA (AKA: TRACTEBEL ENERGIA SA)</name>
        <lei>52990057Q0EK2Q9YBC07</lei>
        <title>ENGIE BRASIL ENERGIA SA COMMON STOCK</title>
        <cusip>ACI0NT451</cusip>
        <identifiers>
          <isin value="BREGIEACNOR9"/>
        </identifiers>
        <balance>84225.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1066096.480000</valUSD>
        <pctVal>0.1814405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENGIE ENERGIA CHILE SA (AKA: EMPRESA ELECTRICA DEL NORTE GRANDE SA)</name>
        <lei>5493000FIKCC3ZDWTO77</lei>
        <title>ENGIE ENERGIA CHILE SA COMMON STOCK</title>
        <cusip>BWXTK3902</cusip>
        <identifiers>
          <isin value="CL0001583070"/>
        </identifiers>
        <balance>69477.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>105812.940000</valUSD>
        <pctVal>0.0180085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENKA INSAAT VE SANAYI ANONIM SIRKETI</name>
        <lei>789000EE9HXTYDRH9O46</lei>
        <title>ENKA INSAAT VE SANAYI AS COMMON STOCK TRY1.</title>
        <cusip>B03MS6905</cusip>
        <identifiers>
          <isin value="TREENKA00011"/>
        </identifiers>
        <balance>99258.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>107116.550000</valUSD>
        <pctVal>0.0182303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENN ENERGY HOLDINGS LTD (AKA: XINAO GAS HOLDINGS LTD)</name>
        <lei>549300V7BXPWT6WIPR03</lei>
        <title>ENN ENERGY HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>633393905</cusip>
        <identifiers>
          <isin value="KYG3066L1014"/>
        </identifiers>
        <balance>171100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1869300.340000</valUSD>
        <pctVal>0.3181389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLIANCE GLOBAL GROUP INC</name>
        <lei>N/A</lei>
        <title>ALLIANCE GLOBAL GROUP INC COMMON STOCK PHP1.</title>
        <cusip>614710903</cusip>
        <identifiers>
          <isin value="PHY003341054"/>
        </identifiers>
        <balance>755800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>173888.130000</valUSD>
        <pctVal>0.0295943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESSO THAILAND PCL</name>
        <lei>529900B0FJ7G35MF2S50</lei>
        <title>ESSO THAILAND PCL FOREIGN COMMON STOCK THB4.9338 A</title>
        <cusip>B2R3S7905</cusip>
        <identifiers>
          <isin value="TH0975010016"/>
        </identifiers>
        <balance>575000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>165749.250000</valUSD>
        <pctVal>0.0282091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUROBANK ERGASIAS SA</name>
        <lei>JEUVK5RWVJEN8W0C9M24</lei>
        <title>EUROBANK ERGASIAS SA COMMON STOCK EUR.23</title>
        <cusip>ACI0J8B70</cusip>
        <identifiers>
          <isin value="GRS323003012"/>
        </identifiers>
        <balance>595462.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>615769.730000</valUSD>
        <pctVal>0.1047987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EVA AIRWAYS CORPORATION</name>
        <lei>254900S1P4XOXV67GC07</lei>
        <title>EVA AIRWAYS CORP COMMON STOCK TWD10.</title>
        <cusip>618602908</cusip>
        <identifiers>
          <isin value="TW0002618006"/>
        </identifiers>
        <balance>540400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>247858.240000</valUSD>
        <pctVal>0.0421834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAR EAST TEXTILE</name>
        <lei>254900CDLU5OS06M6K24</lei>
        <title>FAR EASTERN NEW CENTURY CORP COMMON STOCK TWD10.</title>
        <cusip>633147905</cusip>
        <identifiers>
          <isin value="TW0001402006"/>
        </identifiers>
        <balance>1043000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1038786.870000</valUSD>
        <pctVal>0.1767926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAR EASTONE TELECOMM CO LTD</name>
        <lei>529900L7W7BWDLVZL253</lei>
        <title>FAR EASTONE TELECOMM CO LTD COMMON STOCK TWD10.</title>
        <cusip>642185904</cusip>
        <identifiers>
          <isin value="TW0004904008"/>
        </identifiers>
        <balance>359000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>863447.420000</valUSD>
        <pctVal>0.1469514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALPEK SA DE CV</name>
        <lei>549300PWKJTP62D4IQ66</lei>
        <title>ALPEK SA DE CV COMMON STOCK</title>
        <cusip>B85H8C906</cusip>
        <identifiers>
          <isin value="MX01AL0C0004"/>
        </identifiers>
        <balance>240500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>265717.040000</valUSD>
        <pctVal>0.0452228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALPHA BANK SA</name>
        <lei>5299009N55YRQC69CN08</lei>
        <title>ALPHA BANK AE COMMON STOCK EUR.3</title>
        <cusip>BZ1MXR908</cusip>
        <identifiers>
          <isin value="GRS015003007"/>
        </identifiers>
        <balance>551866.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>1192131.060000</valUSD>
        <pctVal>0.2028905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FGV HOLDINGS BHD (AKA: FELDA GLOBAL VENTURES HOLDINGS)</name>
        <lei>N/A</lei>
        <title>FGV HOLDINGS BHD COMMON STOCK MYR1.0</title>
        <cusip>B8L1DR904</cusip>
        <identifiers>
          <isin value="MYL5222OO004"/>
        </identifiers>
        <balance>655600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>243774.530000</valUSD>
        <pctVal>0.0414883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIBRA UNO ADMINISTRACION SA DE CV</name>
        <lei>N/A</lei>
        <title>FIBRA UNO ADMINISTRACION SA REIT</title>
        <cusip>B671GT907</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
        </identifiers>
        <balance>709500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>1099101.150000</valUSD>
        <pctVal>0.1870576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIH MOBILE LIMITED</name>
        <lei>30030037GI80SRAJAK10</lei>
        <title>FIH MOBILE LTD COMMON STOCK USD.04</title>
        <cusip>BBQ2Z6902</cusip>
        <identifiers>
          <isin value="KYG3472Y1017"/>
        </identifiers>
        <balance>1074000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>208164.530000</valUSD>
        <pctVal>0.0354278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="205257.500000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST FINANCIAL HOLDING CO</name>
        <lei>529900BC1U046Q2GUZ64</lei>
        <title>FIRST FINANCIAL HOLDING CO COMMON STOCK TWD10.</title>
        <cusip>658011903</cusip>
        <identifiers>
          <isin value="TW0002892007"/>
        </identifiers>
        <balance>1636971.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1295300.630000</valUSD>
        <pctVal>0.2204491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST GEN CORPORATION</name>
        <lei>2549001NILAZ2IS02Y35</lei>
        <title>FIRST GEN CORPORATION COMMON STOCK PHP1.</title>
        <cusip>B0XNCB906</cusip>
        <identifiers>
          <isin value="PHY2518H1143"/>
        </identifiers>
        <balance>154800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>73816.170000</valUSD>
        <pctVal>0.0125629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRSTRAND LIMITED</name>
        <lei>N/A</lei>
        <title>FIRSTRAND LTD COMMON STOCK ZAR.01</title>
        <cusip>660699901</cusip>
        <identifiers>
          <isin value="ZAE000066304"/>
        </identifiers>
        <balance>165047.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>740562.680000</valUSD>
        <pctVal>0.1260374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FOMENTO ECONOMICO MEXICANO SA DE CV (FEMSA)</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>FOMENTO ECONOMICO MEX SP ADR ADR</title>
        <cusip>344419106</cusip>
        <identifiers>
          <isin value="US3444191064"/>
        </identifiers>
        <balance>15591.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1473505.410000</valUSD>
        <pctVal>0.2507780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORD OTOMOTIV SANAYI AS</name>
        <lei>N/A</lei>
        <title>FORD OTOMOTIV SANAYI AS COMMON STOCK TRY1.</title>
        <cusip>B03MSR909</cusip>
        <identifiers>
          <isin value="TRAOTOSN91H6"/>
        </identifiers>
        <balance>22517.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>268093.380000</valUSD>
        <pctVal>0.0456272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORMOSA CHEMICALS &amp; FIBRE CORPORATION</name>
        <lei>254900OJX8UZOAIVSU82</lei>
        <title>FORMOSA CHEMICALS + FIBRE COMMON STOCK TWD10.0</title>
        <cusip>634871909</cusip>
        <identifiers>
          <isin value="TW0001326007"/>
        </identifiers>
        <balance>617000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1802622.750000</valUSD>
        <pctVal>0.3067910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORMOSA PETROCHEMICAL CORPORATION</name>
        <lei>529900UWWAOQ8470E792</lei>
        <title>FORMOSA PETROCHEMICAL CORP COMMON STOCK TWD10.0</title>
        <cusip>671871903</cusip>
        <identifiers>
          <isin value="TW0006505001"/>
        </identifiers>
        <balance>348000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1131855.310000</valUSD>
        <pctVal>0.1926321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORMOSA PLASTICS CORPORATION</name>
        <lei>254900KM6G17UTG1QN82</lei>
        <title>FORMOSA PLASTICS CORP COMMON STOCK TWD10.0</title>
        <cusip>634854905</cusip>
        <identifiers>
          <isin value="TW0001301000"/>
        </identifiers>
        <balance>824000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2744250.380000</valUSD>
        <pctVal>0.4670479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORMOSA TAFFETA CO LTD</name>
        <lei>N/A</lei>
        <title>FORMOSA TAFFETA CO. COMMON STOCK TWD10.</title>
        <cusip>634858906</cusip>
        <identifiers>
          <isin value="TW0001434009"/>
        </identifiers>
        <balance>185000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>211041.550000</valUSD>
        <pctVal>0.0359175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FOSCHINI GROUP LTD/THE</name>
        <lei>N/A</lei>
        <title>THE FOSCHINI GROUP LTD COMMON STOCK ZAR.0125</title>
        <cusip>634968903</cusip>
        <identifiers>
          <isin value="ZAE000148466"/>
        </identifiers>
        <balance>37833.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>404113.240000</valUSD>
        <pctVal>0.0687766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUBON FINANCIAL HOLDING CO LTD</name>
        <lei>549300G7Y2TS2XNIB476</lei>
        <title>FUBON FINANCIAL HOLDING CO COMMON STOCK TWD10.</title>
        <cusip>641167903</cusip>
        <identifiers>
          <isin value="TW0002881000"/>
        </identifiers>
        <balance>791000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1224969.060000</valUSD>
        <pctVal>0.2084793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GAZPROM NEFT PAO (AKA: GAZPROM NEFT JSCL GAZPROM NEFT OAO)</name>
        <lei>253400KXA9P2AN72P004</lei>
        <title>GAZPROM NEFT PJSC COMMON STOCK RUB.0016</title>
        <cusip>B59L41907</cusip>
        <identifiers>
          <isin value="RU0009062467"/>
        </identifiers>
        <balance>69790.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>472601.290000</valUSD>
        <pctVal>0.0804327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GAZPROM PAO (AKA: GAZPROM OAO)</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>GAZPROM PJSC COMMON STOCK RUB5.0</title>
        <cusip>B59L4L903</cusip>
        <identifiers>
          <isin value="RU0007661625"/>
        </identifiers>
        <balance>2729300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>11276597.000000</valUSD>
        <pctVal>1.9191803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMBEV SA</name>
        <lei>549300TH5Q6VRP8OT012</lei>
        <title>AMBEV SA ADR ADR</title>
        <cusip>02319V103</cusip>
        <identifiers>
          <isin value="US02319V1035"/>
        </identifiers>
        <balance>573966.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2674681.560000</valUSD>
        <pctVal>0.4552079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GENTING BERHAD</name>
        <lei>N/A</lei>
        <title>GENTING BHD COMMON STOCK MYR.1</title>
        <cusip>B1VXJL905</cusip>
        <identifiers>
          <isin value="MYL3182OO002"/>
        </identifiers>
        <balance>455300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>673732.030000</valUSD>
        <pctVal>0.1146634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GENTING MALAYSIA BHD</name>
        <lei>N/A</lei>
        <title>GENTING MALAYSIA BHD COMMON STOCK MYR.1</title>
        <cusip>B1VXKN909</cusip>
        <identifiers>
          <isin value="MYL4715OO008"/>
        </identifiers>
        <balance>825000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>664056.530000</valUSD>
        <pctVal>0.1130167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GERDAU (METALURGICA GERDAU SA)</name>
        <lei>N/A</lei>
        <title>METALURGICA GERDAU SA PREF PREFERENCE</title>
        <cusip>264886904</cusip>
        <identifiers>
          <isin value="BRGOAUACNPR8"/>
        </identifiers>
        <balance>337300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>782237.920000</valUSD>
        <pctVal>0.1331302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GERDAU SA</name>
        <lei>254900YDV6SEQQPZVG24</lei>
        <title>GERDAU SA PREF PREFERENCE</title>
        <cusip>264551904</cusip>
        <identifiers>
          <isin value="BRGGBRACNPR8"/>
        </identifiers>
        <balance>284900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1423318.670000</valUSD>
        <pctVal>0.2422367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GF SECURITIES CO LTD</name>
        <lei>3003007E0Y3ZJ5HNA936</lei>
        <title>GF SECURITIES CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>BW4NKK909</cusip>
        <identifiers>
          <isin value="CNE100001TQ9"/>
        </identifiers>
        <balance>193834.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>236086.120000</valUSD>
        <pctVal>0.0401798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBALTRANS INVESTMENT PLC</name>
        <lei>213800D6EVVEJJW3MD09</lei>
        <title>GLOBALTRA SPONS GDR REG S GDR</title>
        <cusip>B2QTGT904</cusip>
        <identifiers>
          <isin value="US37949E2046"/>
        </identifiers>
        <balance>21149.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>187168.650000</valUSD>
        <pctVal>0.0318545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBE TELECOM</name>
        <lei>254900GPWI1816YIM923</lei>
        <title>GLOBE TELECOM INC COMMON STOCK PHP50.</title>
        <cusip>628486904</cusip>
        <identifiers>
          <isin value="PHY272571498"/>
        </identifiers>
        <balance>7595.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>302930.200000</valUSD>
        <pctVal>0.0515561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLD FIELDS LIMITED</name>
        <lei>N/A</lei>
        <title>GOLD FIELDS LTD SPONS ADR ADR</title>
        <cusip>38059T106</cusip>
        <identifiers>
          <isin value="US38059T1060"/>
        </identifiers>
        <balance>468602.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3092773.200000</valUSD>
        <pctVal>0.5263635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOME RETAIL HOLDINGS LIMITED</name>
        <lei>549300JIWQNRJRLOJ771</lei>
        <title>GOME RETAIL HOLDINGS LTD COMMON STOCK HKD.025</title>
        <cusip>B01Z8S902</cusip>
        <identifiers>
          <isin value="BMG3978C1249"/>
        </identifiers>
        <balance>2499000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>231061.370000</valUSD>
        <pctVal>0.0393247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="228103.750000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREAT WALL MOTOR COMPANY LIMITED</name>
        <lei>254900CR8AHWTMFZHH60</lei>
        <title>GREAT WALL MOTOR COMPANY H COMMON STOCK CNY1.0</title>
        <cusip>671825909</cusip>
        <identifiers>
          <isin value="CNE100000338"/>
        </identifiers>
        <balance>836500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>618930.130000</valUSD>
        <pctVal>0.1053366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREENTOWN CHINA HOLDINGS LIMITED</name>
        <lei>529900BLBC6YDNWS8530</lei>
        <title>GREENTOWN CHINA HOLDINGS COMMON STOCK HKD.1</title>
        <cusip>B17N9P906</cusip>
        <identifiers>
          <isin value="KYG4100M1050"/>
        </identifiers>
        <balance>162000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>198942.210000</valUSD>
        <pctVal>0.0338583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GROWTHPOINT PROPERTIES LIMITED</name>
        <lei>37890019DD1E46632291</lei>
        <title>GROWTHPOINT PROPERTIES LTD REIT</title>
        <cusip>ACI065395</cusip>
        <identifiers>
          <isin value="ZAE000179420"/>
        </identifiers>
        <balance>445150.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>702717.870000</valUSD>
        <pctVal>0.1195966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUMA SA DE CV</name>
        <lei>5493000XJLJ6C4T0PG82</lei>
        <title>GRUMA S.A.B. B COMMON STOCK</title>
        <cusip>239254907</cusip>
        <identifiers>
          <isin value="MXP4948K1056"/>
        </identifiers>
        <balance>44480.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>456691.920000</valUSD>
        <pctVal>0.0777251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICA MOVIL SAB DE CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SPN ADR CL L ADR</title>
        <cusip>02364W105</cusip>
        <identifiers>
          <isin value="US02364W1053"/>
        </identifiers>
        <balance>219155.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3506480.000000</valUSD>
        <pctVal>0.5967729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPA LOTOS SA</name>
        <lei>259400A9BI23M3K1NK82</lei>
        <title>GRUPA LOTOS SA COMMON STOCK PLN1.</title>
        <cusip>B0B8Z4904</cusip>
        <identifiers>
          <isin value="PLLOTOS00025"/>
        </identifiers>
        <balance>31245.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>688330.500000</valUSD>
        <pctVal>0.1171480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO CARSO SAB DE CV</name>
        <lei>5493007R35VF4W6YVW92</lei>
        <title>GRUPO CARSO SAB DE CV SER A1 COMMON STOCK</title>
        <cusip>239345002</cusip>
        <identifiers>
          <isin value="MXP461181085"/>
        </identifiers>
        <balance>56400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>208269.100000</valUSD>
        <pctVal>0.0354456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO ELEKTRA SAB DE CV</name>
        <lei>4469000001BCXPDCGY70</lei>
        <title>GRUPO ELEKTRA SAB DE CV COMMON STOCK</title>
        <cusip>296708902</cusip>
        <identifiers>
          <isin value="MX01EL000003"/>
        </identifiers>
        <balance>5840.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>428822.640000</valUSD>
        <pctVal>0.0729819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO LALA SAB DE CV</name>
        <lei>4469000001BR12ARD937</lei>
        <title>GRUPO LALA SAB DE CV COMMON STOCK</title>
        <cusip>BFNXZM903</cusip>
        <identifiers>
          <isin value="MX01LA040003"/>
        </identifiers>
        <balance>204600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>176816.820000</valUSD>
        <pctVal>0.0300927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO MEXICO SAB DE CV</name>
        <lei>529900JWLZAYET2ZGW20</lei>
        <title>GRUPO MEXICO SAB DE CV SER B COMMON STOCK</title>
        <cusip>264367905</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
        </identifiers>
        <balance>830700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>2278466.320000</valUSD>
        <pctVal>0.3877755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS HOLDINGS CORP</name>
        <lei>N/A</lei>
        <title>GS HOLDINGS COMMON STOCK KRW5000.</title>
        <cusip>B01RJV901</cusip>
        <identifiers>
          <isin value="KR7078930005"/>
        </identifiers>
        <balance>19662.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>877199.580000</valUSD>
        <pctVal>0.1492919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS RETAIL COLTD</name>
        <lei>N/A</lei>
        <title>GS RETAIL CO LTD COMMON STOCK KRW1000.0</title>
        <cusip>ACI018F67</cusip>
        <identifiers>
          <isin value="KR7007070006"/>
        </identifiers>
        <balance>5973.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>202749.210000</valUSD>
        <pctVal>0.0345062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG INVESTMENT LIMITED</name>
        <lei>N/A</lei>
        <title>GUANGDONG INVESTMENT LTD COMMON STOCK</title>
        <cusip>691316004</cusip>
        <identifiers>
          <isin value="HK0270001396"/>
        </identifiers>
        <balance>730000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1526838.520000</valUSD>
        <pctVal>0.2598549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU AUTOMOBILE GROUP COMPANY LIMITED</name>
        <lei>5299005KY9BJO3ZE6A37</lei>
        <title>GUANGZHOU AUTOMOBILE GROUP H COMMON STOCK CNY1.0</title>
        <cusip>B43399904</cusip>
        <identifiers>
          <isin value="CNE100000Q35"/>
        </identifiers>
        <balance>218000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>271408.170000</valUSD>
        <pctVal>0.0461913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU R&amp;F PROPERTIES CO LTD</name>
        <lei>529900ICJ8CK8LFWH863</lei>
        <title>GUANGZHOU R+F PROPERTIES   H COMMON STOCK CNY.25</title>
        <cusip>B19H8Y909</cusip>
        <identifiers>
          <isin value="CNE100000569"/>
        </identifiers>
        <balance>170000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>313920.100000</valUSD>
        <pctVal>0.0534265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="310226.950000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HACI OMER SABANCI HOLDING AS</name>
        <lei>78900090FFOWNLGP0F20</lei>
        <title>HACI OMER SABANCI HOLDING COMMON STOCK TRY1.</title>
        <cusip>B03N0C900</cusip>
        <identifiers>
          <isin value="TRASAHOL91Q5"/>
        </identifiers>
        <balance>314391.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>504236.660000</valUSD>
        <pctVal>0.0858168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANKOOK TIRE &amp; TECHNOLOGY CO LTD</name>
        <lei>9884001BIEVM09M7AH02</lei>
        <title>HANKOOK TIRE + TECHNOLOGY CO COMMON STOCK KRW500.0</title>
        <cusip>ACI02DOT5</cusip>
        <identifiers>
          <isin value="KR7161390000"/>
        </identifiers>
        <balance>21780.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>630730.960000</valUSD>
        <pctVal>0.1073450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANON SYSTEMS (AKA: HALLA CLIMATE CONTROL CORP)</name>
        <lei>5493004WIDNO4WOEYG91</lei>
        <title>HANON SYSTEMS COMMON STOCK KRW100.0</title>
        <cusip>B00LR0904</cusip>
        <identifiers>
          <isin value="KR7018880005"/>
        </identifiers>
        <balance>44404.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>427444.660000</valUSD>
        <pctVal>0.0727474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANWHA CORPORATION</name>
        <lei>988400JE9FIHQS7TX614</lei>
        <title>HANWHA CORPORATION COMMON STOCK KRW5000.0</title>
        <cusip>649675907</cusip>
        <identifiers>
          <isin value="KR7000880005"/>
        </identifiers>
        <balance>8171.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>176222.850000</valUSD>
        <pctVal>0.0299916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANWHA LIFE INSURANCE CO LTD</name>
        <lei>988400ZKCI3R9DQHR320</lei>
        <title>HANWHA LIFE INSURANCE CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>B62B9W901</cusip>
        <identifiers>
          <isin value="KR7088350004"/>
        </identifiers>
        <balance>115880.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>230972.450000</valUSD>
        <pctVal>0.0393095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAP SENG CONSOLIDATED BHD</name>
        <lei>N/A</lei>
        <title>HAP SENG CONSOLIDATED COMMON STOCK MYR1.</title>
        <cusip>629774001</cusip>
        <identifiers>
          <isin value="MYL3034OO005"/>
        </identifiers>
        <balance>6900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>16834.620000</valUSD>
        <pctVal>0.0028651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HDFC BANK LIMITED</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC BANK LTD ADR ADR</title>
        <cusip>40415F101</cusip>
        <identifiers>
          <isin value="US40415F1012"/>
        </identifiers>
        <balance>189889.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12033265.930000</valUSD>
        <pctVal>2.0479589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HELLENIC PETROLEUM SA</name>
        <lei>213800YUBJMZYR1SNG35</lei>
        <title>HELLENIC PETROLEUM SA COMMON STOCK EUR2.18</title>
        <cusip>547565903</cusip>
        <identifiers>
          <isin value="GRS298343005"/>
        </identifiers>
        <balance>12829.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>126334.330000</valUSD>
        <pctVal>0.0215010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HELLENIC TELECOMMUNICATIONS ORG SA</name>
        <lei>ELPUFM0XZRZO4LFXW404</lei>
        <title>HELLENIC TELECOMMUN ORGANIZA COMMON STOCK EUR2.83</title>
        <cusip>505160903</cusip>
        <identifiers>
          <isin value="GRS260333000"/>
        </identifiers>
        <balance>16781.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>268607.400000</valUSD>
        <pctVal>0.0457147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENGAN INTERNATIONAL GROUP COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>HENGAN INTL GROUP CO LTD COMMON STOCK HKD.1</title>
        <cusip>613623909</cusip>
        <identifiers>
          <isin value="KYG4402L1510"/>
        </identifiers>
        <balance>155000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1104076.000000</valUSD>
        <pctVal>0.1879043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HON HAI PRECISION INDUSTRY CO LTD</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>HON HAI PRECISION INDUSTRY COMMON STOCK TWD10.</title>
        <cusip>643856909</cusip>
        <identifiers>
          <isin value="TW0002317005"/>
        </identifiers>
        <balance>618600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1876531.880000</valUSD>
        <pctVal>0.3193697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONG LEONG BANK BHD</name>
        <lei>549300BUPYUQGB5BFX94</lei>
        <title>HONG LEONG BANK BERHAD COMMON STOCK MYR1.</title>
        <cusip>643689904</cusip>
        <identifiers>
          <isin value="MYL5819OO007"/>
        </identifiers>
        <balance>27300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>115523.720000</valUSD>
        <pctVal>0.0196611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONG LEONG FINANCIAL GROUP</name>
        <lei>549300EGI40XD5GGWS62</lei>
        <title>HONG LEONG FINANCIAL GROUP COMMON STOCK MYR1.</title>
        <cusip>643645005</cusip>
        <identifiers>
          <isin value="MYL1082OO006"/>
        </identifiers>
        <balance>15300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>63212.320000</valUSD>
        <pctVal>0.0107582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HOTAI MOTOR CO LTD</name>
        <lei>254900ZL0NDWNH1MNQ51</lei>
        <title>HOTAI MOTOR COMPANY LTD COMMON STOCK TWD10.</title>
        <cusip>641716907</cusip>
        <identifiers>
          <isin value="TW0002207008"/>
        </identifiers>
        <balance>47000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1070998.890000</valUSD>
        <pctVal>0.1822748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HTC CORPORATION</name>
        <lei>254900W80TBUV38I3662</lei>
        <title>HTC CORP COMMON STOCK TWD10.0</title>
        <cusip>651053902</cusip>
        <identifiers>
          <isin value="TW0002498003"/>
        </identifiers>
        <balance>197000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>252752.300000</valUSD>
        <pctVal>0.0430163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUA NAN FINANCIAL HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>HUA NAN FINANCIAL HOLDINGS C COMMON STOCK TWD10.</title>
        <cusip>641187901</cusip>
        <identifiers>
          <isin value="TW0002880002"/>
        </identifiers>
        <balance>1203837.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>884215.610000</valUSD>
        <pctVal>0.1504859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUADIAN FUXIN ENERGY CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>HUADIAN FUXIN ENERGY CORP  H COMMON STOCK CNY1.0</title>
        <cusip>B8L1BL909</cusip>
        <identifiers>
          <isin value="CNE100001F60"/>
        </identifiers>
        <balance>740000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>151078.210000</valUSD>
        <pctVal>0.0257122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUADIAN POWER INTERNATIONAL CORPORATION LIMITED</name>
        <lei>529900207FCOKWBDRE79</lei>
        <title>HUADIAN POWER INTL CORP H COMMON STOCK CNY1.0</title>
        <cusip>614278901</cusip>
        <identifiers>
          <isin value="CNE1000003D8"/>
        </identifiers>
        <balance>580000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>220381.240000</valUSD>
        <pctVal>0.0375070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUANENG POWER INTERNATIONAL INC</name>
        <lei>529900WU0SMVKMPG4V21</lei>
        <title>HUANENG POWER INTL INC H COMMON STOCK CNY1.0</title>
        <cusip>609967906</cusip>
        <identifiers>
          <isin value="CNE1000006Z4"/>
        </identifiers>
        <balance>696000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>351937.360000</valUSD>
        <pctVal>0.0598967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUANENG RENEWABLES CORPORATION LIMITED</name>
        <lei>529900I1Z1Y7IZYMR729</lei>
        <title>HUANENG RENEWABLES CORP H COMMON STOCK CNY1.0</title>
        <cusip>ACI00D9L1</cusip>
        <identifiers>
          <isin value="CNE100000WS1"/>
        </identifiers>
        <balance>128000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>49773.950000</valUSD>
        <pctVal>0.0084711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUATAI SECURITIES CO LTD</name>
        <lei>3003009ABT0UCWO79Q77</lei>
        <title>HUATAI SECURITIES CO LTD H COMMON STOCK</title>
        <cusip>BWVFT0901</cusip>
        <identifiers>
          <isin value="CNE100001YQ9"/>
        </identifiers>
        <balance>157863.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>279200.090000</valUSD>
        <pctVal>0.0475175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYPERA SA</name>
        <lei>N/A</lei>
        <title>HYPERA SA COMMON STOCK</title>
        <cusip>B2QY96901</cusip>
        <identifiers>
          <isin value="BRHYPEACNOR0"/>
        </identifiers>
        <balance>66400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>590715.520000</valUSD>
        <pctVal>0.1005347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI DEPARTMENT STORE CO LTD</name>
        <lei>N/A</lei>
        <title>HYUNDAI DEPT STORE CO COMMON STOCK KRW5000.</title>
        <cusip>656861903</cusip>
        <identifiers>
          <isin value="KR7069960003"/>
        </identifiers>
        <balance>3310.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>237357.580000</valUSD>
        <pctVal>0.0403962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI ENGINEERING &amp; CONSTRUCTION CO LTD</name>
        <lei>988400CEQG9N710HN313</lei>
        <title>HYUNDAI ENGINEERING + CONST COMMON STOCK KRW5000.</title>
        <cusip>645098005</cusip>
        <identifiers>
          <isin value="KR7000720003"/>
        </identifiers>
        <balance>12133.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>442604.920000</valUSD>
        <pctVal>0.0753276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI GLOVIS CO LTD</name>
        <lei>988400U6RDXNJ5ZRN304</lei>
        <title>HYUNDAI GLOVIS CO LTD COMMON STOCK KRW500.</title>
        <cusip>B0V3XR904</cusip>
        <identifiers>
          <isin value="KR7086280005"/>
        </identifiers>
        <balance>5815.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>717488.620000</valUSD>
        <pctVal>0.1221104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI HEAVY INDUSTRIES</name>
        <lei>988400DPTJ9KH5R6W540</lei>
        <title>KOREA SHIPBUILDING + OFFSHOR COMMON STOCK KRW5000.0</title>
        <cusip>644662900</cusip>
        <identifiers>
          <isin value="KR7009540006"/>
        </identifiers>
        <balance>1579.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>171818.450000</valUSD>
        <pctVal>0.0292420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI MARINE &amp; FIRE INS CO</name>
        <lei>988400SYR92543UITC37</lei>
        <title>HYUNDAI MARINE + FIRE INS CO COMMON STOCK KRW500.</title>
        <cusip>B01LXY902</cusip>
        <identifiers>
          <isin value="KR7001450006"/>
        </identifiers>
        <balance>11167.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>259910.550000</valUSD>
        <pctVal>0.0442346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI MOBIS</name>
        <lei>988400HJA9E0ZVDHRS65</lei>
        <title>HYUNDAI MOBIS CO LTD COMMON STOCK KRW5000.</title>
        <cusip>644954000</cusip>
        <identifiers>
          <isin value="KR7012330007"/>
        </identifiers>
        <balance>25173.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>5569286.930000</valUSD>
        <pctVal>0.9478450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI MOTOR COMPANY</name>
        <lei>9884004RQX8PRBXQ8S60</lei>
        <title>HYUNDAI MOTOR CO COMMON STOCK KRW5000.</title>
        <cusip>645105909</cusip>
        <identifiers>
          <isin value="KR7005380001"/>
        </identifiers>
        <balance>73780.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>7684690.630000</valUSD>
        <pctVal>1.3078686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI STEEL COMPANY</name>
        <lei>9884006EYA94IB2C3132</lei>
        <title>HYUNDAI STEEL CO COMMON STOCK KRW5000.</title>
        <cusip>646185900</cusip>
        <identifiers>
          <isin value="KR7004020004"/>
        </identifiers>
        <balance>22919.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>621382.970000</valUSD>
        <pctVal>0.1057541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI WIA CORPORATION</name>
        <lei>N/A</lei>
        <title>HYUNDAI WIA CORP COMMON STOCK KRW5000.0</title>
        <cusip>B3LF56909</cusip>
        <identifiers>
          <isin value="KR7011210002"/>
        </identifiers>
        <balance>15082.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>653501.210000</valUSD>
        <pctVal>0.1112203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICICI BANK LIMITED</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI BANK LTD SPON ADR ADR</title>
        <cusip>45104G104</cusip>
        <identifiers>
          <isin value="US45104G1040"/>
        </identifiers>
        <balance>282549.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4263664.410000</valUSD>
        <pctVal>0.7256392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IHH HEALTHCARE BHD</name>
        <lei>N/A</lei>
        <title>IHH HEALTHCARE BHD COMMON STOCK MYR1.0</title>
        <cusip>B83X6P906</cusip>
        <identifiers>
          <isin value="MYL5225OO007"/>
        </identifiers>
        <balance>72100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>96532.780000</valUSD>
        <pctVal>0.0164291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IJM CORPORATION BERHAD</name>
        <lei>N/A</lei>
        <title>IJM CORP BHD COMMON STOCK MYR1.</title>
        <cusip>645521006</cusip>
        <identifiers>
          <isin value="MYL3336OO004"/>
        </identifiers>
        <balance>434100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>230465.980000</valUSD>
        <pctVal>0.0392233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMPALA PLATINUM HOLDINGS LIMITED</name>
        <lei>254900BZFIFB4PD2Z778</lei>
        <title>IMPALA PLATINUM HOLDINGS LTD COMMON STOCK NPV</title>
        <cusip>B1FFT7902</cusip>
        <identifiers>
          <isin value="ZAE000083648"/>
        </identifiers>
        <balance>351186.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3588187.140000</valUSD>
        <pctVal>0.6106788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDOCEMENT TUNGGAL PRAKARSA</name>
        <lei>529900U7IH8JW3FMGM30</lei>
        <title>INDOCEMENT TUNGGAL PRAKARSA COMMON STOCK IDR500.</title>
        <cusip>645486903</cusip>
        <identifiers>
          <isin value="ID1000061302"/>
        </identifiers>
        <balance>308500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>421944.060000</valUSD>
        <pctVal>0.0718113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDOFOOD CBP SUKSES MAKMUR TBK PT</name>
        <lei>N/A</lei>
        <title>INDOFOOD CBP SUKSES MAKMUR T COMMON STOCK IDR50.0</title>
        <cusip>ACI008XP6</cusip>
        <identifiers>
          <isin value="ID1000116700"/>
        </identifiers>
        <balance>468200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>375976.630000</valUSD>
        <pctVal>0.0639880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDOFOOD SUKSES MAKMUR TBK PT</name>
        <lei>529900E61EV2GTYWZ485</lei>
        <title>INDOFOOD SUKSES MAKMUR TBK P COMMON STOCK IDR100.</title>
        <cusip>628397903</cusip>
        <identifiers>
          <isin value="ID1000057003"/>
        </identifiers>
        <balance>699100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>398615.920000</valUSD>
        <pctVal>0.0678410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDUSTRIAL BANK OF KOREA (IBK)</name>
        <lei>988400RBIWE3YA18PK12</lei>
        <title>INDUSTRIAL BANK OF KOREA COMMON STOCK KRW5000.</title>
        <cusip>646297903</cusip>
        <identifiers>
          <isin value="KR7024110009"/>
        </identifiers>
        <balance>64389.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>656337.320000</valUSD>
        <pctVal>0.1117030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDUSTRIAS BACHOCO SAB DE CV</name>
        <lei>N/A</lei>
        <title>INDUSTRIAS BACHOCO SER B COMMON STOCK</title>
        <cusip>B1FJ6T901</cusip>
        <identifiers>
          <isin value="MX01BA1D0003"/>
        </identifiers>
        <balance>37700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>162364.720000</valUSD>
        <pctVal>0.0276331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDUSTRIAS PENOLES SAB DE CV</name>
        <lei>549300WA2HB7776CB324</lei>
        <title>INDUSTRIAS PENOLES SAB DE CV COMMON STOCK</title>
        <cusip>244820908</cusip>
        <identifiers>
          <isin value="MXP554091415"/>
        </identifiers>
        <balance>4715.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>49428.010000</valUSD>
        <pctVal>0.0084122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFOSYS LIMITED</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>INFOSYS LTD SP ADR ADR</title>
        <cusip>456788108</cusip>
        <identifiers>
          <isin value="US4567881085"/>
        </identifiers>
        <balance>1102924.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11382175.680000</valUSD>
        <pctVal>1.9371489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFRAESTRUCTURA ENERGETICA NOVA SAB DE CV</name>
        <lei>715K4H1JYF3O6JOK1411</lei>
        <title>INFRAESTRUCTURA ENERGETICA N COMMON STOCK</title>
        <cusip>B84XBP909</cusip>
        <identifiers>
          <isin value="MX01IE060002"/>
        </identifiers>
        <balance>48500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>228116.090000</valUSD>
        <pctVal>0.0388234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNOLUX CORPORATION</name>
        <lei>3003007EXL0825P1MJ10</lei>
        <title>INNOLUX CORP COMMON STOCK TWD10.0</title>
        <cusip>B0CC0M902</cusip>
        <identifiers>
          <isin value="TW0003481008"/>
        </identifiers>
        <balance>7979000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2221815.990000</valUSD>
        <pctVal>0.3781341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INVENTEC CO LTD</name>
        <lei>391200XSJU5WEVAXB086</lei>
        <title>INVENTEC CORP COMMON STOCK TWD10.</title>
        <cusip>645993908</cusip>
        <identifiers>
          <isin value="TW0002356003"/>
        </identifiers>
        <balance>815000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>621988.770000</valUSD>
        <pctVal>0.1058572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IOI CORPORATION BHD</name>
        <lei>N/A</lei>
        <title>IOI CORP BHD COMMON STOCK MYR.1</title>
        <cusip>B1Y3WG904</cusip>
        <identifiers>
          <isin value="MYL1961OO001"/>
        </identifiers>
        <balance>280300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>316042.580000</valUSD>
        <pctVal>0.0537877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IOI PROPERTIES GROUP BERHAD</name>
        <lei>N/A</lei>
        <title>IOI PROPERTIES GROUP BHD COMMON STOCK MYR1.0</title>
        <cusip>BH7JFJ907</cusip>
        <identifiers>
          <isin value="MYL5249OO007"/>
        </identifiers>
        <balance>202900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>61525.700000</valUSD>
        <pctVal>0.0104711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRPC PCL</name>
        <lei>254900IKV8DJ1C05JB68</lei>
        <title>IRPC PCL   FOREIGN FOREIGN SH. THB1.0 A</title>
        <cusip>689060903</cusip>
        <identifiers>
          <isin value="TH0471010Y12"/>
        </identifiers>
        <balance>3539500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>433958.450000</valUSD>
        <pctVal>0.0738560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITAU CORPBANCA SA (AKA: CORPBANCA SA)</name>
        <lei>549300DDPTTIZ06NIV06</lei>
        <title>ITAU CORPBANCA COMMON STOCK</title>
        <cusip>BYT25P900</cusip>
        <identifiers>
          <isin value="CL0002262351"/>
        </identifiers>
        <balance>5574622.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>32282.270000</valUSD>
        <pctVal>0.0054942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITAU UNIBANCO HOLDING SA</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>ITAU UNIBANCO HOLDING S PREF PREFERENCE</title>
        <cusip>B037HR904</cusip>
        <identifiers>
          <isin value="BRITUBACNPR1"/>
        </identifiers>
        <balance>253450.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2347438.820000</valUSD>
        <pctVal>0.3995140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMMB HOLDINGS BHD</name>
        <lei>254900R0GQB7U67SCH62</lei>
        <title>AMMB HOLDINGS BHD COMMON STOCK MYR1.0</title>
        <cusip>604702001</cusip>
        <identifiers>
          <isin value="MYL1015OO006"/>
        </identifiers>
        <balance>230100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>220081.470000</valUSD>
        <pctVal>0.0374560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMOREG</name>
        <lei>N/A</lei>
        <title>AMOREPACIFIC GROUP COMMON STOCK KRW500.0</title>
        <cusip>666593900</cusip>
        <identifiers>
          <isin value="KR7002790004"/>
        </identifiers>
        <balance>4438.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>317050.460000</valUSD>
        <pctVal>0.0539593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS SA</name>
        <lei>N/A</lei>
        <title>JBS SA COMMON STOCK</title>
        <cusip>B1V74X902</cusip>
        <identifiers>
          <isin value="BRJBSSACNOR8"/>
        </identifiers>
        <balance>1125000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>7243644.750000</valUSD>
        <pctVal>1.2328064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.COM INC</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.COM INC ADR ADR USD.00002</title>
        <cusip>47215P106</cusip>
        <identifiers>
          <isin value="US47215P1066"/>
        </identifiers>
        <balance>129144.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4549743.120000</valUSD>
        <pctVal>0.7743274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMOREPACIFIC CORPORATION</name>
        <lei>N/A</lei>
        <title>AMOREPACIFIC CORP COMMON STOCK KRW500.0</title>
        <cusip>B15SK5908</cusip>
        <identifiers>
          <isin value="KR7090430000"/>
        </identifiers>
        <balance>2523.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>434503.160000</valUSD>
        <pctVal>0.0739487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JG SUMMIT HOLDINGS INC</name>
        <lei>8945008FXJ2QCVCRJM25</lei>
        <title>JG SUMMIT HOLDINGS INC COMMON STOCK PHP1.</title>
        <cusip>646645903</cusip>
        <identifiers>
          <isin value="PHY444251177"/>
        </identifiers>
        <balance>55900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>89090.730000</valUSD>
        <pctVal>0.0151625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU EXPRESSWAY COMPANY LIMITED</name>
        <lei>529900UWWTWZ6AKLYD43</lei>
        <title>JIANGSU EXPRESS CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>600550909</cusip>
        <identifiers>
          <isin value="CNE1000003J5"/>
        </identifiers>
        <balance>306000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>419317.660000</valUSD>
        <pctVal>0.0713643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGXI COPPER COMPANY LTD-H</name>
        <lei>3003002E74YFQ6MEZY56</lei>
        <title>JIANGXI COPPER CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>600030902</cusip>
        <identifiers>
          <isin value="CNE1000003K3"/>
        </identifiers>
        <balance>571000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>785336.440000</valUSD>
        <pctVal>0.1336575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KAISA GROUP HOLDINGS LTD</name>
        <lei>254900N8L3L7NRJT0120</lei>
        <title>KAISA GROUP HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B58RBK905</cusip>
        <identifiers>
          <isin value="KYG521321003"/>
        </identifiers>
        <balance>849000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>405289.930000</valUSD>
        <pctVal>0.0689769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KAKAO CORP (AKA: DAUM KAKAO CORP)</name>
        <lei>988400FTKUBQXKVZP434</lei>
        <title>KAKAO CORP COMMON STOCK KRW500.0</title>
        <cusip>619403900</cusip>
        <identifiers>
          <isin value="KR7035720002"/>
        </identifiers>
        <balance>3045.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>403293.720000</valUSD>
        <pctVal>0.0686371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KALBE FARMA PT</name>
        <lei>529900PRQI8S32HOE387</lei>
        <title>KALBE FARMA TBK PT COMMON STOCK IDR10.</title>
        <cusip>B7311V900</cusip>
        <identifiers>
          <isin value="ID1000125107"/>
        </identifiers>
        <balance>2997200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>349448.610000</valUSD>
        <pctVal>0.0594732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KANGWON LAND INC</name>
        <lei>N/A</lei>
        <title>KANGWON LAND INC COMMON STOCK KRW500.</title>
        <cusip>668344906</cusip>
        <identifiers>
          <isin value="KR7035250000"/>
        </identifiers>
        <balance>32157.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>822641.420000</valUSD>
        <pctVal>0.1400065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KASIKORNBANK PCL</name>
        <lei>5493004COSQ54937AW41</lei>
        <title>KASIKORNBANK PCL FOREIGN FOREIGN SH. THB10.0 A</title>
        <cusip>688879907</cusip>
        <identifiers>
          <isin value="TH0016010017"/>
        </identifiers>
        <balance>142000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>714849.560000</valUSD>
        <pctVal>0.1216613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB FINANCIAL GROUP INC</name>
        <lei>529900TKE4MXG3Q6GW86</lei>
        <title>KB FINANCIAL GROUP INC COMMON STOCK KRW5000.</title>
        <cusip>B3DF0Y902</cusip>
        <identifiers>
          <isin value="KR7105560007"/>
        </identifiers>
        <balance>52342.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2156383.430000</valUSD>
        <pctVal>0.3669980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KCC CORPORATION</name>
        <lei>N/A</lei>
        <title>KCC CORP COMMON STOCK KRW5000.</title>
        <cusip>649091006</cusip>
        <identifiers>
          <isin value="KR7002380004"/>
        </identifiers>
        <balance>1115.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>225130.790000</valUSD>
        <pctVal>0.0383153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KERNEL HOLDING SA</name>
        <lei>5493003GR6L4DZOS2U12</lei>
        <title>KERNEL HOLDING SA COMMON STOCK</title>
        <cusip>B28ZQ2908</cusip>
        <identifiers>
          <isin value="LU0327357389"/>
        </identifiers>
        <balance>5140.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>61247.420000</valUSD>
        <pctVal>0.0104238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABOITIZ POWER CORPORATION</name>
        <lei>254900UHTKF4VBSFTL94</lei>
        <title>ABOITIZ POWER CORP COMMON STOCK PHP1.</title>
        <cusip>B1Z9Q9903</cusip>
        <identifiers>
          <isin value="PHY0005M1090"/>
        </identifiers>
        <balance>288100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>194550.700000</valUSD>
        <pctVal>0.0331109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KGHM POLSKA MIEDZ SA</name>
        <lei>G30CO71KTT9JDYJESN22</lei>
        <title>KGHM POLSKA MIEDZ SA COMMON STOCK PLN10.</title>
        <cusip>526325907</cusip>
        <identifiers>
          <isin value="PLKGHM000017"/>
        </identifiers>
        <balance>23868.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>602070.120000</valUSD>
        <pctVal>0.1024672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KIA MOTORS CORPORATION</name>
        <lei>988400V8MJK9N7OI5X76</lei>
        <title>KIA MOTORS CORP COMMON STOCK KRW5000.0</title>
        <cusip>649092905</cusip>
        <identifiers>
          <isin value="KR7000270009"/>
        </identifiers>
        <balance>127906.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4884795.520000</valUSD>
        <pctVal>0.8313504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGLO AMERICAN PLATINUM LIMITED</name>
        <lei>529900RORCZ0E5S5FX81</lei>
        <title>ANGLO AMERICAN PLATINUM LTD COMMON STOCK ZAR.1</title>
        <cusip>676100902</cusip>
        <identifiers>
          <isin value="ZAE000013181"/>
        </identifiers>
        <balance>4460.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>416299.570000</valUSD>
        <pctVal>0.0708506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KIMBERLY CLARK DE MEXICO SA DE CV</name>
        <lei>549300JGHL56QT00KT54</lei>
        <title>KIMBERLY CLARK DE MEXICO A COMMON STOCK</title>
        <cusip>249191008</cusip>
        <identifiers>
          <isin value="MXP606941179"/>
        </identifiers>
        <balance>439500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>871677.910000</valUSD>
        <pctVal>0.1483521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGLOGOLD ASHANTI LIMITED</name>
        <lei>378900EF3BA9A5F42A59</lei>
        <title>ANGLOGOLD ASHANTI SPON ADR ADR</title>
        <cusip>035128206</cusip>
        <identifiers>
          <isin value="US0351282068"/>
        </identifiers>
        <balance>110071.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2458986.140000</valUSD>
        <pctVal>0.4184984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KLABIN SA</name>
        <lei>N/A</lei>
        <title>KLABIN SA   UNIT UNIT</title>
        <cusip>BJ0K6Z901</cusip>
        <identifiers>
          <isin value="BRKLBNCDAM18"/>
        </identifiers>
        <balance>53200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>244269.150000</valUSD>
        <pctVal>0.0415725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOC HOLDING AS</name>
        <lei>7890005U0H950VH19H45</lei>
        <title>KOC HOLDING AS COMMON STOCK TRY1.</title>
        <cusip>B03MVJ903</cusip>
        <identifiers>
          <isin value="TRAKCHOL91Q8"/>
        </identifiers>
        <balance>51197.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>174965.230000</valUSD>
        <pctVal>0.0297776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOLON INDUSTRIES INC</name>
        <lei>988400LHRPRCSKXOAF72</lei>
        <title>KOLON INDUSTRIES INC COMMON STOCK KRW5000.</title>
        <cusip>939USE901</cusip>
        <identifiers>
          <isin value="KR7120110002"/>
        </identifiers>
        <balance>4892.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>209885.700000</valUSD>
        <pctVal>0.0357208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI CONCH CEMENT COMPANY LIMITED</name>
        <lei>529900HS6X8TTV0FHV63</lei>
        <title>ANHUI CONCH CEMENT CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>608039905</cusip>
        <identifiers>
          <isin value="CNE1000001W2"/>
        </identifiers>
        <balance>123000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>896193.650000</valUSD>
        <pctVal>0.1525245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREA ELECTRIC POWER CORPORATION (KEPCO)</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>KOREA ELECTRIC POWER CORP COMMON STOCK KRW5000.</title>
        <cusip>649573904</cusip>
        <identifiers>
          <isin value="KR7015760002"/>
        </identifiers>
        <balance>160682.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3855177.920000</valUSD>
        <pctVal>0.6561183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREA GAS CORPORATION</name>
        <lei>988400TFZILHBD5M3R71</lei>
        <title>KOREA GAS CORPORATION COMMON STOCK KRW5000.</title>
        <cusip>618207906</cusip>
        <identifiers>
          <isin value="KR7036460004"/>
        </identifiers>
        <balance>20487.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>669443.810000</valUSD>
        <pctVal>0.1139336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREA ZINC COMPANY LTD</name>
        <lei>988400D0HSQUB1I1VO41</lei>
        <title>KOREA ZINC CO LTD COMMON STOCK KRW5000.</title>
        <cusip>649542909</cusip>
        <identifiers>
          <isin value="KR7010130003"/>
        </identifiers>
        <balance>1318.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>484332.490000</valUSD>
        <pctVal>0.0824292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREAN AIR LINES CO LTD</name>
        <lei>988400C2UFBF4B660C58</lei>
        <title>KOREAN AIR LINES CO LTD COMMON STOCK KRW5000.</title>
        <cusip>649676004</cusip>
        <identifiers>
          <isin value="KR7003490000"/>
        </identifiers>
        <balance>24299.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>597423.080000</valUSD>
        <pctVal>0.1016763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KRUNG THAI BANK PCL (SING)</name>
        <lei>54930007ZQMYCRFQGE36</lei>
        <title>KRUNG THAI BANK PUB CO FOREI FOREIGN SH. THB5.15 A</title>
        <cusip>649283900</cusip>
        <identifiers>
          <isin value="TH0150010Z11"/>
        </identifiers>
        <balance>836900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>457949.920000</valUSD>
        <pctVal>0.0779392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KT CORPORATION</name>
        <lei>9884005ACF8449EANY26</lei>
        <title>KT CORP SP ADR ADR</title>
        <cusip>48268K101</cusip>
        <identifiers>
          <isin value="US48268K1016"/>
        </identifiers>
        <balance>166372.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1929915.200000</valUSD>
        <pctVal>0.3284551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KT&amp;G CORPORATION</name>
        <lei>988400ZJV6ISYBLQX875</lei>
        <title>KT+G CORP COMMON STOCK KRW5000.</title>
        <cusip>617507900</cusip>
        <identifiers>
          <isin value="KR7033780008"/>
        </identifiers>
        <balance>30281.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2449960.570000</valUSD>
        <pctVal>0.4169623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUALA LUMPUR KEPONG BHD</name>
        <lei>2549009JSTRFMR7A8D34</lei>
        <title>KUALA LUMPUR KEPONG BHD COMMON STOCK MYR1.</title>
        <cusip>649744000</cusip>
        <identifiers>
          <isin value="MYL2445OO004"/>
        </identifiers>
        <balance>57700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>350098.760000</valUSD>
        <pctVal>0.0595838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUMBA IRON ORE LIMITED</name>
        <lei>3789006C753402643048</lei>
        <title>KUMBA IRON ORE LTD COMMON STOCK ZAR.0001</title>
        <cusip>B1G426907</cusip>
        <identifiers>
          <isin value="ZAE000085346"/>
        </identifiers>
        <balance>32966.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>980813.870000</valUSD>
        <pctVal>0.1669261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUNLUN ENERGY CO LTD (AKA: CNPC HONG KONG LTD)</name>
        <lei>5299007GRIKP15GM4927</lei>
        <title>KUNLUN ENERGY CO LTD COMMON STOCK HKD.01</title>
        <cusip>634007900</cusip>
        <identifiers>
          <isin value="BMG5320C1082"/>
        </identifiers>
        <balance>984000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>869304.260000</valUSD>
        <pctVal>0.1479481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KWG GROUP HOLDINGS LTD (AKA: KWG PROPERTY HOLDING LTD)</name>
        <lei>549300LK82ZOM9ZE7H90</lei>
        <title>KWG GROUP HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B1YBF0900</cusip>
        <identifiers>
          <isin value="KYG532241042"/>
        </identifiers>
        <balance>115000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>161124.600000</valUSD>
        <pctVal>0.0274220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAND AND HOUSES PCL</name>
        <lei>529900O7AEACUWP7KS87</lei>
        <title>LAND + HOUSES PUB   NVDR NVDR THB1.0</title>
        <cusip>658194907</cusip>
        <identifiers>
          <isin value="TH0143010R16"/>
        </identifiers>
        <balance>2062100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>674437.420000</valUSD>
        <pctVal>0.1147835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARGAN PRECISION CO LTD</name>
        <lei>N/A</lei>
        <title>LARGAN PRECISION CO LTD COMMON STOCK TWD10.</title>
        <cusip>645166901</cusip>
        <identifiers>
          <isin value="TW0003008009"/>
        </identifiers>
        <balance>13800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2305127.560000</valUSD>
        <pctVal>0.3923130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LATAM AIRLINES GROUP SA</name>
        <lei>549300HX3UUDPEFTG707</lei>
        <title>LATAM AIRLINES GROUP SA COMMON STOCK</title>
        <cusip>251893905</cusip>
        <identifiers>
          <isin value="CL0000000423"/>
        </identifiers>
        <balance>7370.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>74013.450000</valUSD>
        <pctVal>0.0125965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANTA SPORTS PRODUCTS LIMITED</name>
        <lei>529900291XG0CTK4LF95</lei>
        <title>ANTA SPORTS PRODUCTS LTD COMMON STOCK HKD.1</title>
        <cusip>B1YVKN900</cusip>
        <identifiers>
          <isin value="KYG040111059"/>
        </identifiers>
        <balance>185000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1656339.210000</valUSD>
        <pctVal>0.2818948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABSA GROUP LTD</name>
        <lei>2138006IPPRD4N6XLT30</lei>
        <title>ABSA GROUP LTD COMMON STOCK ZAR2.0</title>
        <cusip>BFX05H908</cusip>
        <identifiers>
          <isin value="ZAE000255915"/>
        </identifiers>
        <balance>62573.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>667010.490000</valUSD>
        <pctVal>0.1135195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LENOVO GROUP LIMITED</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>LENOVO GROUP LTD COMMON STOCK</title>
        <cusip>621808906</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
        </identifiers>
        <balance>738000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>495606.260000</valUSD>
        <pctVal>0.0843479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG CORP</name>
        <lei>N/A</lei>
        <title>LG CORP COMMON STOCK KRW5000.</title>
        <cusip>653703009</cusip>
        <identifiers>
          <isin value="KR7003550001"/>
        </identifiers>
        <balance>17936.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1142836.300000</valUSD>
        <pctVal>0.1945010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG DISPLAY CO LTD</name>
        <lei>988400P37K91W0SABO95</lei>
        <title>LG DISPLAY CO LTD COMMON STOCK KRW5000.</title>
        <cusip>B01VZN902</cusip>
        <identifiers>
          <isin value="KR7034220004"/>
        </identifiers>
        <balance>193008.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2700204.990000</valUSD>
        <pctVal>0.4595518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG ELECTRONICS INC</name>
        <lei>988400RMQFTGZIOG0609</lei>
        <title>LG ELECTRONICS INC COMMON STOCK KRW5000.</title>
        <cusip>652073909</cusip>
        <identifiers>
          <isin value="KR7066570003"/>
        </identifiers>
        <balance>30679.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1905692.440000</valUSD>
        <pctVal>0.3243325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG HOUSEHOLD &amp; HEALTH CARE</name>
        <lei>N/A</lei>
        <title>LG HOUSEHOLD + HEALTH CARE COMMON STOCK KRW5000.0</title>
        <cusip>634445902</cusip>
        <identifiers>
          <isin value="KR7051900009"/>
        </identifiers>
        <balance>978.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1062354.000000</valUSD>
        <pctVal>0.1808036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG INNOTEK CO LTD</name>
        <lei>N/A</lei>
        <title>LG INNOTEK CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>B39Z8G904</cusip>
        <identifiers>
          <isin value="KR7011070000"/>
        </identifiers>
        <balance>451.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>54359.260000</valUSD>
        <pctVal>0.0092515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG INTERNATIONAL CORP</name>
        <lei>988400KZJVVPCZ6BC265</lei>
        <title>LG INTERNATIONAL CORP COMMON STOCK KRW5000.</title>
        <cusip>653711903</cusip>
        <identifiers>
          <isin value="KR7001120005"/>
        </identifiers>
        <balance>11714.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>151993.280000</valUSD>
        <pctVal>0.0258680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG TELECOM LTD</name>
        <lei>N/A</lei>
        <title>LG UPLUS CORP COMMON STOCK KRW5000.0</title>
        <cusip>629090903</cusip>
        <identifiers>
          <isin value="KR7032640005"/>
        </identifiers>
        <balance>63608.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>780168.270000</valUSD>
        <pctVal>0.1327780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY HOLDINGS LIMITED</name>
        <lei>529900SLXRMLVAR2ZO23</lei>
        <title>LIBERTY HOLDINGS LTD COMMON STOCK ZAR.0833</title>
        <cusip>651505901</cusip>
        <identifiers>
          <isin value="ZAE000127148"/>
        </identifiers>
        <balance>11252.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>88892.890000</valUSD>
        <pctVal>0.0151288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIGHT SA</name>
        <lei>N/A</lei>
        <title>LIGHT SA COMMON STOCK</title>
        <cusip>B0W1X3900</cusip>
        <identifiers>
          <isin value="BRLIGTACNOR2"/>
        </identifiers>
        <balance>43800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>259700.120000</valUSD>
        <pctVal>0.0441987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LITE-ON TECHNOLOGY CORPORATION</name>
        <lei>2549005GU1PQ73SZBT32</lei>
        <title>LITE ON TECHNOLOGY CORP COMMON STOCK TWD10.</title>
        <cusip>651948903</cusip>
        <identifiers>
          <isin value="TW0002301009"/>
        </identifiers>
        <balance>1081000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1779814.010000</valUSD>
        <pctVal>0.3029091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOGAN PROPERTY HOLDINGS COMPANY LIMITED</name>
        <lei>549300NJ0E6Q0S1VOG90</lei>
        <title>LOGAN PROPERTY HOLDINGS CO L COMMON STOCK HKD.1</title>
        <cusip>BH6X93909</cusip>
        <identifiers>
          <isin value="KYG555551095"/>
        </identifiers>
        <balance>174000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>291956.400000</valUSD>
        <pctVal>0.0496885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOJAS RENNER SA</name>
        <lei>N/A</lei>
        <title>LOJAS RENNER S.A. COMMON STOCK</title>
        <cusip>B0CGYD906</cusip>
        <identifiers>
          <isin value="BRLRENACNOR1"/>
        </identifiers>
        <balance>131280.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1842415.540000</valUSD>
        <pctVal>0.3135634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONGFOR GROUP HOLDINGS LTD (AKA: LONGFOR PROPERTIES CO LTD)</name>
        <lei>254900UJX27B2F1JYR13</lei>
        <title>LONGFOR GROUP HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B56KLY901</cusip>
        <identifiers>
          <isin value="KYG5635P1090"/>
        </identifiers>
        <balance>99500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>465956.280000</valUSD>
        <pctVal>0.0793018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOTTE HIMART</name>
        <lei>N/A</lei>
        <title>LOTTE HIMART CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>ACI00OY21</cusip>
        <identifiers>
          <isin value="KR7071840003"/>
        </identifiers>
        <balance>3888.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>103693.490000</valUSD>
        <pctVal>0.0176477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOTTE SHOPPING CO LTD</name>
        <lei>9884003SJK2VZLLC4B08</lei>
        <title>LOTTE SHOPPING CO COMMON STOCK KRW5000.</title>
        <cusip>B0WGPZ905</cusip>
        <identifiers>
          <isin value="KR7023530009"/>
        </identifiers>
        <balance>7545.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>882696.660000</valUSD>
        <pctVal>0.1502274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LS CORP</name>
        <lei>988400SQWZ34LADYL505</lei>
        <title>LS CORP COMMON STOCK KRW5000.0</title>
        <cusip>637578006</cusip>
        <identifiers>
          <isin value="KR7006260004"/>
        </identifiers>
        <balance>4652.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>191900.480000</valUSD>
        <pctVal>0.0326598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LSR GROUP PJSC</name>
        <lei>25340067LEEMJ79K8X43</lei>
        <title>LSR GROUP PJSC GDR REGS DEPOSITORY RECEIPT</title>
        <cusip>50218G206</cusip>
        <identifiers>
          <isin value="US50218G2066"/>
        </identifiers>
        <balance>18330.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45733.350000</valUSD>
        <pctVal>0.0077834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS</name>
        <lei>N/A</lei>
        <title>M DIAS BRANCO SA COMMON STOCK</title>
        <cusip>B1FRH8907</cusip>
        <identifiers>
          <isin value="BRMDIAACNOR7"/>
        </identifiers>
        <balance>9300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>88473.310000</valUSD>
        <pctVal>0.0150574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAGNIT PJSC (AKA: MAGNIT OJSC)</name>
        <lei>2534009KKPTVL99W2Y12</lei>
        <title>MAGNIT  PJSC SPON GDR REGS GDR</title>
        <cusip>B2QKYZ909</cusip>
        <identifiers>
          <isin value="US55953Q2021"/>
        </identifiers>
        <balance>57143.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>688858.870000</valUSD>
        <pctVal>0.1172379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAGNITOGORSK IRON &amp; STEEL WORKS PJSC</name>
        <lei>253400XSJ4C01YMCXG44</lei>
        <title>MAGNITOGORSK IRON + STEEL WO COMMON STOCK RUB1.0</title>
        <cusip>B5B1RP900</cusip>
        <identifiers>
          <isin value="RU0009084396"/>
        </identifiers>
        <balance>787800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>532788.280000</valUSD>
        <pctVal>0.0906760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MALAYAN BANKING BHD</name>
        <lei>5493004OT3TOY404V310</lei>
        <title>MALAYAN BANKING BHD COMMON STOCK MYR1.</title>
        <cusip>655632008</cusip>
        <identifiers>
          <isin value="MYL1155OO000"/>
        </identifiers>
        <balance>375400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>793285.590000</valUSD>
        <pctVal>0.1350104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MANDO CORPORATION</name>
        <lei>988400P5GM9DGVVOJQ79</lei>
        <title>MANDO CORP COMMON STOCK KRW1000.0</title>
        <cusip>ACI093GT9</cusip>
        <identifiers>
          <isin value="KR7204320006"/>
        </identifiers>
        <balance>8793.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>266740.260000</valUSD>
        <pctVal>0.0453969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MANILA ELECTRIC COMPANY</name>
        <lei>N/A</lei>
        <title>MANILA ELECTRIC COMPANY COMMON STOCK PHP10.</title>
        <cusip>B247XZ903</cusip>
        <identifiers>
          <isin value="PHY5764J1483"/>
        </identifiers>
        <balance>32640.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>204302.100000</valUSD>
        <pctVal>0.0347705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASSMART HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>MASSMART HOLDINGS LTD COMMON STOCK ZAR.01</title>
        <cusip>ACI00G8O9</cusip>
        <identifiers>
          <isin value="ZAE000152617"/>
        </identifiers>
        <balance>26276.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>96279.050000</valUSD>
        <pctVal>0.0163859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAXIS BERHAD</name>
        <lei>N/A</lei>
        <title>MAXIS BHD COMMON STOCK MYR.1</title>
        <cusip>B5387L905</cusip>
        <identifiers>
          <isin value="MYL6012OO008"/>
        </identifiers>
        <balance>264900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>344870.460000</valUSD>
        <pctVal>0.0586940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEDIATEK INC</name>
        <lei>254900UEGBK1I4DM4E14</lei>
        <title>MEDIATEK INC COMMON STOCK TWD10.</title>
        <cusip>637248907</cusip>
        <identifiers>
          <isin value="TW0002454006"/>
        </identifiers>
        <balance>296000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>4385854.220000</valUSD>
        <pctVal>0.7464349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEGA FINANCIAL HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>MEGA FINANCIAL HOLDING CO LT COMMON STOCK TWD10.</title>
        <cusip>644406902</cusip>
        <identifiers>
          <isin value="TW0002886009"/>
        </identifiers>
        <balance>2158000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2203575.790000</valUSD>
        <pctVal>0.3750297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERITZ FINANCE HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>MERITZ FINANCIAL GROUP INC COMMON STOCK KRW500.0</title>
        <cusip>B4WRJD909</cusip>
        <identifiers>
          <isin value="KR7138040001"/>
        </identifiers>
        <balance>4890.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>49831.540000</valUSD>
        <pctVal>0.0084809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERITZ FIRE &amp; MARINE INSURANCE CO LTD</name>
        <lei>9884007PON6UA8YN6V50</lei>
        <title>MERITZ FIRE + MARINE INSURAN COMMON STOCK KRW500.</title>
        <cusip>B0YCFG905</cusip>
        <identifiers>
          <isin value="KR7000060004"/>
        </identifiers>
        <balance>17863.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>275370.450000</valUSD>
        <pctVal>0.0468657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METRO PACIFIC INVESTMENTS CORPORATION</name>
        <lei>N/A</lei>
        <title>METRO PACIFIC INVESTMENTS CO COMMON STOCK PHP1.</title>
        <cusip>B1L883903</cusip>
        <identifiers>
          <isin value="PHY603051020"/>
        </identifiers>
        <balance>2184000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>150070.490000</valUSD>
        <pctVal>0.0255407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN BANK &amp; TRUST</name>
        <lei>549300SQYI82RVWFN715</lei>
        <title>METROPOLITAN BANK + TRUST COMMON STOCK PHP20.</title>
        <cusip>651444903</cusip>
        <identifiers>
          <isin value="PHY6028G1361"/>
        </identifiers>
        <balance>172512.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>225837.610000</valUSD>
        <pctVal>0.0384356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MICRO-STAR INTERNATIONAL COMPANY LIMITED</name>
        <lei>254900F4E0BDGJSSD870</lei>
        <title>MICRO STAR INTERNATIONAL CO COMMON STOCK TWD10.0</title>
        <cusip>613345909</cusip>
        <identifiers>
          <isin value="TW0002377009"/>
        </identifiers>
        <balance>253000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>731512.200000</valUSD>
        <pctVal>0.1244971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MISC BHD (AKA: MALAYSIA INTERNATIONAL SHIPPING CO)</name>
        <lei>N/A</lei>
        <title>MISC BHD COMMON STOCK MYR1.</title>
        <cusip>655799005</cusip>
        <identifiers>
          <isin value="MYL3816OO005"/>
        </identifiers>
        <balance>155600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>317916.420000</valUSD>
        <pctVal>0.0541067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MMC NORILSK NICKEL PJSC (AKA: MINING AND METALLURGICAL COMPANY NORILSK NICKEL)</name>
        <lei>253400JPTEEW143W3E47</lei>
        <title>MMC NORILSK NICKEL PJSC ADR ADR</title>
        <cusip>BYSW6D901</cusip>
        <identifiers>
          <isin value="US55315J1025"/>
        </identifiers>
        <balance>359280.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10987232.220000</valUSD>
        <pctVal>1.8699329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOBILE TELESYSTEMS PJSC</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>MOBILE TELESYSTEMS SP ADR ADR</title>
        <cusip>607409109</cusip>
        <identifiers>
          <isin value="US6074091090"/>
        </identifiers>
        <balance>349136.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3543730.400000</valUSD>
        <pctVal>0.6031126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOSCOW EXCHANGE MICEX-RTS PJSC</name>
        <lei>253400M5M1222KPNWE87</lei>
        <title>MOSCOW EXCHANGE MICEX RTS PJ COMMON STOCK RUB1.0</title>
        <cusip>ACI051NH5</cusip>
        <identifiers>
          <isin value="RU000A0JR4A1"/>
        </identifiers>
        <balance>27110.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>47064.270000</valUSD>
        <pctVal>0.0080099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOTOR OIL (HELLAS) CORINTH REFINERIES SA</name>
        <lei>213800U3Y9UL7Y4QVM11</lei>
        <title>MOTOR OIL (HELLAS) SA COMMON STOCK EUR.75</title>
        <cusip>599623907</cusip>
        <identifiers>
          <isin value="GRS426003000"/>
        </identifiers>
        <balance>18798.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>435077.890000</valUSD>
        <pctVal>0.0740465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MR PRICE GROUP LIMITED</name>
        <lei>378900D3417C35C5D733</lei>
        <title>MR PRICE GROUP LTD COMMON STOCK ZAR.00025</title>
        <cusip>ACI0HD305</cusip>
        <identifiers>
          <isin value="ZAE000200457"/>
        </identifiers>
        <balance>32996.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>430782.270000</valUSD>
        <pctVal>0.0733155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTN GROUP LIMITED</name>
        <lei>2549009JD6Q6XHZS5E05</lei>
        <title>MTN GROUP LTD COMMON STOCK ZAR.0001</title>
        <cusip>656320900</cusip>
        <identifiers>
          <isin value="ZAE000042164"/>
        </identifiers>
        <balance>590604.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3481695.130000</valUSD>
        <pctVal>0.5925547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCA CONTINENTAL SAB DE CV</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>ARCA CONTINENTAL SAB DE CV COMMON STOCK</title>
        <cusip>282388909</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
        </identifiers>
        <balance>35800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>189304.980000</valUSD>
        <pctVal>0.0322181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAN YA PLASTICS CORPORATION</name>
        <lei>254900L66RP14M9UOM28</lei>
        <title>NAN YA PLASTICS CORP COMMON STOCK TWD10.0</title>
        <cusip>662158906</cusip>
        <identifiers>
          <isin value="TW0001303006"/>
        </identifiers>
        <balance>756000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1837192.150000</valUSD>
        <pctVal>0.3126744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANYA TECHNOLOGY CORP</name>
        <lei>254900STKVKJBRRO0835</lei>
        <title>NANYA TECHNOLOGY CORP COMMON STOCK TWD10.</title>
        <cusip>628360901</cusip>
        <identifiers>
          <isin value="TW0002408002"/>
        </identifiers>
        <balance>77000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>215491.380000</valUSD>
        <pctVal>0.0366748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NASPERS LIMITED</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>NASPERS LTD N SHS COMMON STOCK ZAR.02</title>
        <cusip>662269901</cusip>
        <identifiers>
          <isin value="ZAE000015889"/>
        </identifiers>
        <balance>35597.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>5825338.700000</valUSD>
        <pctVal>0.9914228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL BANK OF GREECE SA</name>
        <lei>5UMCZOEYKCVFAW8ZLO05</lei>
        <title>NATIONAL BANK OF GREECE COMMON STOCK EUR3.0</title>
        <cusip>ACI14S0Q0</cusip>
        <identifiers>
          <isin value="GRS003003035"/>
        </identifiers>
        <balance>391584.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>1329331.890000</valUSD>
        <pctVal>0.2262409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCELIK AS</name>
        <lei>789000748KTQCUMJ0R25</lei>
        <title>ARCELIK AS COMMON STOCK TRY1.</title>
        <cusip>B03MP1909</cusip>
        <identifiers>
          <isin value="TRAARCLK91H5"/>
        </identifiers>
        <balance>21903.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>76704.210000</valUSD>
        <pctVal>0.0130544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATURA &amp; CO HOLDING SA</name>
        <lei>N/A</lei>
        <title>NATURA +CO HOLDING S.A. COMMON STOCK</title>
        <cusip>BJRFY3903</cusip>
        <identifiers>
          <isin value="BRNTCOACNOR5"/>
        </identifiers>
        <balance>134800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1300514.760000</valUSD>
        <pctVal>0.2213365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAVER CORPORATION</name>
        <lei>N/A</lei>
        <title>NAVER CORP COMMON STOCK KRW100.0</title>
        <cusip>656039906</cusip>
        <identifiers>
          <isin value="KR7035420009"/>
        </identifiers>
        <balance>13278.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2136362.940000</valUSD>
        <pctVal>0.3635907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCSOFT CORPORATION</name>
        <lei>N/A</lei>
        <title>NCSOFT CORP COMMON STOCK KRW500.0</title>
        <cusip>626418909</cusip>
        <identifiers>
          <isin value="KR7036570000"/>
        </identifiers>
        <balance>1462.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>682176.450000</valUSD>
        <pctVal>0.1161006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEMAK SAB DE CV</name>
        <lei>5493000MY3DAIB0BP706</lei>
        <title>NEMAK SAB DE CV COMMON STOCK</title>
        <cusip>BYQ32R900</cusip>
        <identifiers>
          <isin value="MX01NE000001"/>
        </identifiers>
        <balance>274100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>115250.300000</valUSD>
        <pctVal>0.0196146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEPI ROCKCASTLE PLC</name>
        <lei>549300FMWM53K9ULYT15</lei>
        <title>NEPI ROCKCASTLE PLC COMMON STOCK</title>
        <cusip>BDD7WV909</cusip>
        <identifiers>
          <isin value="IM00BDD7WV31"/>
        </identifiers>
        <balance>26628.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>235439.770000</valUSD>
        <pctVal>0.0400698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETCARE LIMITED</name>
        <lei>N/A</lei>
        <title>NETCARE LTD COMMON STOCK ZAR.01</title>
        <cusip>663642908</cusip>
        <identifiers>
          <isin value="ZAE000011953"/>
        </identifiers>
        <balance>217671.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>302433.080000</valUSD>
        <pctVal>0.0514715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETEASE INC</name>
        <lei>N/A</lei>
        <title>NETEASE INC ADR ADR USD.0001</title>
        <cusip>64110W102</cusip>
        <identifiers>
          <isin value="US64110W1027"/>
        </identifiers>
        <balance>10894.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3340536.160000</valUSD>
        <pctVal>0.5685307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEXTEER AUTOMOTIVE GROUP LIMITED</name>
        <lei>529900O9GGNBKMJ9UO48</lei>
        <title>NEXTEER AUTOMOTIVE GROUP LTD COMMON STOCK HKD.1</title>
        <cusip>BBPD5F902</cusip>
        <identifiers>
          <isin value="KYG6501M1050"/>
        </identifiers>
        <balance>66000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>59821.770000</valUSD>
        <pctVal>0.0101812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NONG SHIM CO LTD</name>
        <lei>N/A</lei>
        <title>NONGSHIM CO LTD COMMON STOCK KRW5000.</title>
        <cusip>663811909</cusip>
        <identifiers>
          <isin value="KR7004370003"/>
        </identifiers>
        <balance>266.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>55294.700000</valUSD>
        <pctVal>0.0094107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVATEK MICROELECTRONICS LTD</name>
        <lei>N/A</lei>
        <title>NOVATEK MICROELECTRONICS COR COMMON STOCK TWD10.</title>
        <cusip>634633903</cusip>
        <identifiers>
          <isin value="TW0003034005"/>
        </identifiers>
        <balance>205000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1502033.310000</valUSD>
        <pctVal>0.2556332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVATEK PJSC (AKA: NOVATEK OJSC)</name>
        <lei>2138008R6GCRVBDFA581</lei>
        <title>NOVATEK PJSC SPONS GDR REG S GDR</title>
        <cusip>B0DK75903</cusip>
        <identifiers>
          <isin value="US6698881090"/>
        </identifiers>
        <balance>6611.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1342033.000000</valUSD>
        <pctVal>0.2284025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVOLIPETSK STEEL PJSC (AKA: NLMK PJSC)</name>
        <lei>213800913TPW32I84456</lei>
        <title>NOVOLIPETSK STEEL PJSC COMMON STOCK RUB1.0</title>
        <cusip>B59FPC903</cusip>
        <identifiers>
          <isin value="RU0009046452"/>
        </identifiers>
        <balance>371600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>861222.790000</valUSD>
        <pctVal>0.1465728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OCI COMPANY LTD</name>
        <lei>988400XZQA7CG16LDK87</lei>
        <title>OCI CO LTD COMMON STOCK KRW5000.</title>
        <cusip>649700903</cusip>
        <identifiers>
          <isin value="KR7010060002"/>
        </identifiers>
        <balance>957.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>51711.740000</valUSD>
        <pctVal>0.0088009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OGK-2 PAO (AKA:OGK-2 OAO)</name>
        <lei>N/A</lei>
        <title>OGK 2 PJSC COMMON STOCK RUB.3627</title>
        <cusip>B57MPJ905</cusip>
        <identifiers>
          <isin value="RU000A0JNG55"/>
        </identifiers>
        <balance>7101000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>64437.430000</valUSD>
        <pctVal>0.0109667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OPAP SA (AKA: GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA)</name>
        <lei>213800M4NRGFJCI34834</lei>
        <title>OPAP SA COMMON STOCK EUR.3</title>
        <cusip>710725904</cusip>
        <identifiers>
          <isin value="GRS419003009"/>
        </identifiers>
        <balance>52125.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>678174.310000</valUSD>
        <pctVal>0.1154195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORANGE POLSKA SA</name>
        <lei>259400TOMPUOLS65II22</lei>
        <title>ORANGE POLSKA SA COMMON STOCK PLN3.0</title>
        <cusip>555255900</cusip>
        <identifiers>
          <isin value="PLTLKPL00017"/>
        </identifiers>
        <balance>146013.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>273902.360000</valUSD>
        <pctVal>0.0466158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAN OCEAN CO LTD</name>
        <lei>988400HGOJIHDWPIAT45</lei>
        <title>PAN OCEAN CO LTD COMMON STOCK KRW1000.0</title>
        <cusip>B24FX4904</cusip>
        <identifiers>
          <isin value="KR7028670008"/>
        </identifiers>
        <balance>9497.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>37213.150000</valUSD>
        <pctVal>0.0063334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAO TMK (AKA: TMK OAO)</name>
        <lei>213800TF7S5EDO6V3K66</lei>
        <title>TMK PJSC COMMON STOCK RUB10.0</title>
        <cusip>B590TG903</cusip>
        <identifiers>
          <isin value="RU000A0B6NK6"/>
        </identifiers>
        <balance>55890.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>52228.380000</valUSD>
        <pctVal>0.0088888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEGATRON CORPORATION</name>
        <lei>529900M87JQS8TUO0L66</lei>
        <title>PEGATRON CORP COMMON STOCK TWD10.</title>
        <cusip>ACI003EU7</cusip>
        <identifiers>
          <isin value="TW0004938006"/>
        </identifiers>
        <balance>944000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2158839.350000</valUSD>
        <pctVal>0.3674160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASIA CEMENT CORPORATION</name>
        <lei>213800EFQXH43HMGJL59</lei>
        <title>ASIA CEMENT CORP COMMON STOCK TWD10.</title>
        <cusip>605633007</cusip>
        <identifiers>
          <isin value="TW0001102002"/>
        </identifiers>
        <balance>882000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1411814.700000</valUSD>
        <pctVal>0.2402788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PERUSAHAAN GAS NEGARA PERSERO TBK (PGN)</name>
        <lei>549300OX1VFDX7ZPN240</lei>
        <title>PERUSAHAAN GAS NEGARA TBK PT COMMON STOCK IDR100.0</title>
        <cusip>671976900</cusip>
        <identifiers>
          <isin value="ID1000111602"/>
        </identifiers>
        <balance>1494100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>232960.820000</valUSD>
        <pctVal>0.0396479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROBRAS (PETROLEO BRASILEIRO SA)</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>PETROLEO BRASILEIRO SPON ADR ADR</title>
        <cusip>71654V408</cusip>
        <identifiers>
          <isin value="US71654V4086"/>
        </identifiers>
        <balance>393313.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6269409.220000</valUSD>
        <pctVal>1.0669998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROBRAS DISTRIBUIDORA SA</name>
        <lei>N/A</lei>
        <title>PETROBRAS DISTRIBUIDORA SA COMMON STOCK</title>
        <cusip>268377900</cusip>
        <identifiers>
          <isin value="BRBRDTACNOR1"/>
        </identifiers>
        <balance>64800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>485585.900000</valUSD>
        <pctVal>0.0826426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETRONAS CHEMICALS GROUP BHD</name>
        <lei>N/A</lei>
        <title>PETRONAS CHEMICALS GROUP BHD COMMON STOCK MYR.1</title>
        <cusip>B5KQGT909</cusip>
        <identifiers>
          <isin value="MYL5183OO008"/>
        </identifiers>
        <balance>283300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>509119.360000</valUSD>
        <pctVal>0.0866478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETRONAS DAGANGAN BERHAD</name>
        <lei>N/A</lei>
        <title>PETRONAS DAGANGAN BHD COMMON STOCK MYR1.</title>
        <cusip>669593907</cusip>
        <identifiers>
          <isin value="MYL5681OO001"/>
        </identifiers>
        <balance>76200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>430319.030000</valUSD>
        <pctVal>0.0732366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETRONAS GAS BHD</name>
        <lei>N/A</lei>
        <title>PETRONAS GAS BHD COMMON STOCK MYR1.</title>
        <cusip>670397900</cusip>
        <identifiers>
          <isin value="MYL6033OO004"/>
        </identifiers>
        <balance>125800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>511134.580000</valUSD>
        <pctVal>0.0869907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PGE SA (AKA: POLSKA GRUPA ENERGETYCZNA SA)</name>
        <lei>259400MP9VXR0E69MJ89</lei>
        <title>PGE SA COMMON STOCK PLN10.25</title>
        <cusip>B544PW909</cusip>
        <identifiers>
          <isin value="PLPGER000010"/>
        </identifiers>
        <balance>182673.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>382785.710000</valUSD>
        <pctVal>0.0651469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHOSAGRO PJSC (AKA: PHOSAGRO OAO)</name>
        <lei>25340053KRUNNYUWF472</lei>
        <title>PHOSAGRO PJSC GDR REG S GDR</title>
        <cusip>B62QPJ909</cusip>
        <identifiers>
          <isin value="US71922G2093"/>
        </identifiers>
        <balance>26384.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335076.800000</valUSD>
        <pctVal>0.0570272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PICC PROPERTY AND CASUALTY COMPANY LIMITED</name>
        <lei>300300F1000311000017</lei>
        <title>PICC PROPERTY + CASUALTY H COMMON STOCK CNY1.0</title>
        <cusip>670625904</cusip>
        <identifiers>
          <isin value="CNE100000593"/>
        </identifiers>
        <balance>460000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>554446.670000</valUSD>
        <pctVal>0.0943621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACER INCORPORATED</name>
        <lei>2549006Z3IVAZIQEUM25</lei>
        <title>ACER INC COMMON STOCK TWD10.</title>
        <cusip>600585905</cusip>
        <identifiers>
          <isin value="TW0002353000"/>
        </identifiers>
        <balance>993000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>591851.220000</valUSD>
        <pctVal>0.1007280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO FUNDS</name>
        <lei>549300XUGLULJEQL0159</lei>
        <title>PIMCO GOVERNMENT MONEY MARKET FUND</title>
        <cusip>72202E534</cusip>
        <identifiers>
          <isin value="US72202E5345"/>
        </identifiers>
        <balance>5097153.030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5097153.030000</valUSD>
        <pctVal>0.8674918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="5097153.030000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASTRA INTERNATIONAL TBK PT</name>
        <lei>529900L49TRJOMG4DK47</lei>
        <title>ASTRA INTERNATIONAL TBK PT COMMON STOCK IDR50.</title>
        <cusip>B800MQ901</cusip>
        <identifiers>
          <isin value="ID1000122807"/>
        </identifiers>
        <balance>2968700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1478687.770000</valUSD>
        <pctVal>0.2516600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASTRO MALAYSIA HOLDINGS BHD</name>
        <lei>N/A</lei>
        <title>ASTRO MALAYSIA HOLDINGS BHD COMMON STOCK MYR.1</title>
        <cusip>B7W5GK907</cusip>
        <identifiers>
          <isin value="MYL6399OO009"/>
        </identifiers>
        <balance>175300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>54483.650000</valUSD>
        <pctVal>0.0092727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASUSTEK COMPUTER INC</name>
        <lei>254900B3WB4OGRB7HM13</lei>
        <title>ASUSTEK COMPUTER INC COMMON STOCK TWD10.</title>
        <cusip>605104900</cusip>
        <identifiers>
          <isin value="TW0002357001"/>
        </identifiers>
        <balance>169000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1304317.220000</valUSD>
        <pctVal>0.2219836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>PING AN INSURANCE GROUP CO H COMMON STOCK CNY1.0</title>
        <cusip>B01FLR903</cusip>
        <identifiers>
          <isin value="CNE1000003X6"/>
        </identifiers>
        <balance>468500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>5543976.290000</valUSD>
        <pctVal>0.9435373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIRAEUS BANK SA</name>
        <lei>M6AD1Y1KW32H8THQ6F76</lei>
        <title>PIRAEUS BANK S.A COMMON STOCK EUR6.0</title>
        <cusip>ACI0WKSP0</cusip>
        <identifiers>
          <isin value="GRS014003024"/>
        </identifiers>
        <balance>188502.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>633417.800000</valUSD>
        <pctVal>0.1078023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="550583.760000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PJSC AEROFLOT</name>
        <lei>253400MSLG0NS4C3NB96</lei>
        <title>AEROFLOT PJSC COMMON STOCK RUB1.0</title>
        <cusip>B58X58906</cusip>
        <identifiers>
          <isin value="RU0009062285"/>
        </identifiers>
        <balance>148890.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>248284.940000</valUSD>
        <pctVal>0.0422560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PJSC FGC UES</name>
        <lei>N/A</lei>
        <title>FEDERAL GRID CO UNIFIED ENER COMMON STOCK RUB.5</title>
        <cusip>B59RSV902</cusip>
        <identifiers>
          <isin value="RU000A0JPNN9"/>
        </identifiers>
        <balance>77170000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>249916.850000</valUSD>
        <pctVal>0.0425337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PJSC LUKOIL (AKA: LUKOIL OAO &amp; LUKOIL OIL COMPANY)</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC SPON ADR ADR RUB.025</title>
        <cusip>BYZDW2900</cusip>
        <identifiers>
          <isin value="US69343P1057"/>
        </identifiers>
        <balance>64891.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6463570.130000</valUSD>
        <pctVal>1.1000443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PJSC POLYUS</name>
        <lei>549300FUXVT7TF6ZKV71</lei>
        <title>POLYUS PJSC COMMON STOCK RUB1.0</title>
        <cusip>B57R0L906</cusip>
        <identifiers>
          <isin value="RU000A0JNAA8"/>
        </identifiers>
        <balance>9361.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1071369.120000</valUSD>
        <pctVal>0.1823379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PJSC RUSHYDRO</name>
        <lei>2534005TJN9DX4YWVT97</lei>
        <title>RUSHYDRO PJSC COMMON STOCK RUB1.0</title>
        <cusip>B58HDC903</cusip>
        <identifiers>
          <isin value="RU000A0JPKH7"/>
        </identifiers>
        <balance>53391000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>478026.710000</valUSD>
        <pctVal>0.0813561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PLAY COMMUNICATIONS SA</name>
        <lei>222100EYB9HNJPI80514</lei>
        <title>PLAY COMMUNICATIONS SA COMMON STOCK EUR.00012</title>
        <cusip>ACI0W7D42</cusip>
        <identifiers>
          <isin value="LU1642887738"/>
        </identifiers>
        <balance>11122.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>102554.930000</valUSD>
        <pctVal>0.0174540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PLDT INC (AKA: PHILIPPINE LONG DISTANCE TELEPHONE CO)</name>
        <lei>254900ADE8GQHM5P2648</lei>
        <title>PLDT INC COMMON STOCK PHP5.0</title>
        <cusip>BDGN27907</cusip>
        <identifiers>
          <isin value="PHY7072Q1032"/>
        </identifiers>
        <balance>20885.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>409644.900000</valUSD>
        <pctVal>0.0697181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POLSKI KONCERN NAFTOWY ORLEN SA</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>POLSKI KONCERN NAFTOWY ORLEN COMMON STOCK PLN1.25</title>
        <cusip>581006905</cusip>
        <identifiers>
          <isin value="PLPKN0000018"/>
        </identifiers>
        <balance>33874.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>766214.620000</valUSD>
        <pctVal>0.1304032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POLY PROPERTY GROUP CO LIMITED</name>
        <lei>N/A</lei>
        <title>POLY PROPERTY GROUP CO LTD COMMON STOCK</title>
        <cusip>622098903</cusip>
        <identifiers>
          <isin value="HK0119000674"/>
        </identifiers>
        <balance>795000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>329841.900000</valUSD>
        <pctVal>0.0561363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POLYMETAL INTERNATIONAL PLC</name>
        <lei>213800JKJ5HJWYS4GR61</lei>
        <title>POLYMETAL INTERNATIONAL PLC COMMON STOCK</title>
        <cusip>ACI00WE09</cusip>
        <identifiers>
          <isin value="JE00B6T5S470"/>
        </identifiers>
        <balance>68217.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.754900"/>
        <valUSD>1078856.540000</valUSD>
        <pctVal>0.1836122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POSCO</name>
        <lei>988400E5HRVX81AYLM04</lei>
        <title>POSCO COMMON STOCK KRW5000.</title>
        <cusip>669323008</cusip>
        <identifiers>
          <isin value="KR7005490008"/>
        </identifiers>
        <balance>20945.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4257356.430000</valUSD>
        <pctVal>0.7245656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POSCO DAEWOO CORP (AKA: DAEWOO INTERNATIONAL CORPORATION)</name>
        <lei>988400B6ECL5BWA8KC19</lei>
        <title>POSCO INTERNATIONAL CORP COMMON STOCK KRW5000.0</title>
        <cusip>634427900</cusip>
        <identifiers>
          <isin value="KR7047050000"/>
        </identifiers>
        <balance>22368.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>359834.240000</valUSD>
        <pctVal>0.0612407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POSTAL SAVINGS BANK OF CHINA CO LTD</name>
        <lei>300300C1040311005298</lei>
        <title>POSTAL SAVINGS BANK OF CHI H COMMON STOCK CNY1.0</title>
        <cusip>BD8GL1903</cusip>
        <identifiers>
          <isin value="CNE1000029W3"/>
        </identifiers>
        <balance>559000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>380168.350000</valUSD>
        <pctVal>0.0647014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POU CHEN CORPORATION</name>
        <lei>25490027LIXQ7W4PBH18</lei>
        <title>POU CHEN COMMON STOCK TWD10.</title>
        <cusip>669615908</cusip>
        <identifiers>
          <isin value="TW0009904003"/>
        </identifiers>
        <balance>698000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>913042.440000</valUSD>
        <pctVal>0.1553920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWERLONG REAL ESTATE HOLDINGS LIMITED</name>
        <lei>549300R3K12EPXCGDP22</lei>
        <title>POWERLONG REAL ESTATE HOLDIN COMMON STOCK HKD.01</title>
        <cusip>B4LL9N903</cusip>
        <identifiers>
          <isin value="KYG720051047"/>
        </identifiers>
        <balance>336000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>224360.110000</valUSD>
        <pctVal>0.0381842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWERTECH TECHNOLOGY INC</name>
        <lei>254900O6KNZXH2RI9Q14</lei>
        <title>POWERTECH TECHNOLOGY INC COMMON STOCK TWD10.</title>
        <cusip>659967905</cusip>
        <identifiers>
          <isin value="TW0006239007"/>
        </identifiers>
        <balance>268000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>891960.360000</valUSD>
        <pctVal>0.1518040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWSECHNY ZAKLAD UBEZPIECZEN SA</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>POWSZECHNY ZAKLAD UBEZPIECZE COMMON STOCK PLN.1</title>
        <cusip>B63DG2904</cusip>
        <identifiers>
          <isin value="PLPZU0000011"/>
        </identifiers>
        <balance>52858.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>558256.900000</valUSD>
        <pctVal>0.0950105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PPB GROUP BHD</name>
        <lei>N/A</lei>
        <title>PPB GROUP BERHAD COMMON STOCK MYR1.</title>
        <cusip>668166002</cusip>
        <identifiers>
          <isin value="MYL4065OO008"/>
        </identifiers>
        <balance>80880.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>372718.130000</valUSD>
        <pctVal>0.0634334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRESIDENT CHAIN STORE CORPORATION</name>
        <lei>N/A</lei>
        <title>PRESIDENT CHAIN STORE CORP COMMON STOCK TWD10.</title>
        <cusip>670498906</cusip>
        <identifiers>
          <isin value="TW0002912003"/>
        </identifiers>
        <balance>119000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1208405.350000</valUSD>
        <pctVal>0.2056603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT BUKIT ASAM TBK (AKA TAMBANG BATUBARA BUKIT ASAM PERSERO TBK PT)</name>
        <lei>529900XX13TXG5L4CN33</lei>
        <title>BUKIT ASAM TBK PT COMMON STOCK IDR100.0</title>
        <cusip>656512902</cusip>
        <identifiers>
          <isin value="ID1000094006"/>
        </identifiers>
        <balance>1252800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>239624.440000</valUSD>
        <pctVal>0.0407820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT CHAROEN POKPHAND INDONESI</name>
        <lei>529900JL5SA37OU87X40</lei>
        <title>CHAROEN POKPHAND INDONESI PT COMMON STOCK IDR10.</title>
        <cusip>631534906</cusip>
        <identifiers>
          <isin value="ID1000117708"/>
        </identifiers>
        <balance>706900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>330598.840000</valUSD>
        <pctVal>0.0562651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT GUDANG GARAM TBK</name>
        <lei>5299005TDQ8UGGR3AM31</lei>
        <title>GUDANG GARAM TBK PT COMMON STOCK IDR500.</title>
        <cusip>636699902</cusip>
        <identifiers>
          <isin value="ID1000068604"/>
        </identifiers>
        <balance>96200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>366968.820000</valUSD>
        <pctVal>0.0624550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT HANJAYA MADALA SAMPOERNA TBK.</name>
        <lei>549300ZA00UQ3CN51060</lei>
        <title>HM SAMPOERNA TBK PT COMMON STOCK IDR4.0</title>
        <cusip>640424909</cusip>
        <identifiers>
          <isin value="ID1000074008"/>
        </identifiers>
        <balance>1410700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>213074.410000</valUSD>
        <pctVal>0.0362634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT INDAH KIAT PULP &amp; PAPER</name>
        <lei>529900F19DXXA9HNCB51</lei>
        <title>INDAH KIAT PULP + PAPER TBK COMMON STOCK IDR1000.</title>
        <cusip>646242008</cusip>
        <identifiers>
          <isin value="ID1000062201"/>
        </identifiers>
        <balance>78500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>43444.600000</valUSD>
        <pctVal>0.0073939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT INDO TAMBANGRAYA MEGAH TBK</name>
        <lei>52990056ZNHB217ZKL92</lei>
        <title>INDO TAMBANGRAYA MEGAH TBK P COMMON STOCK IDR500.</title>
        <cusip>B29SK7908</cusip>
        <identifiers>
          <isin value="ID1000108509"/>
        </identifiers>
        <balance>156800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>129440.840000</valUSD>
        <pctVal>0.0220297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT INDOSAT TBK</name>
        <lei>254900YJOUDT9FUSHL33</lei>
        <title>INDOSAT TBK PT COMMON STOCK IDR100.0</title>
        <cusip>B00FYK905</cusip>
        <identifiers>
          <isin value="ID1000097405"/>
        </identifiers>
        <balance>186500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>39064.960000</valUSD>
        <pctVal>0.0066485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED</name>
        <lei>5493007X3230PPPZFF40</lei>
        <title>PTT GLOBAL CHEMICAL PCL FOR FOREIGN SH. THB10.0 A</title>
        <cusip>ACI00WZI7</cusip>
        <identifiers>
          <isin value="TH1074010014"/>
        </identifiers>
        <balance>682300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1296430.450000</valUSD>
        <pctVal>0.2206414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT PUBLIC COMPANY LIMITED</name>
        <lei>549300QOGMPTKB6W7G56</lei>
        <title>PTT PCL/FOREIGN FOREIGN SH. THB1.0 A</title>
        <cusip>BD0BDJ902</cusip>
        <identifiers>
          <isin value="TH0646010Z18"/>
        </identifiers>
        <balance>3117900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>4574879.120000</valUSD>
        <pctVal>0.7786053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AU OPTRONICS CORP</name>
        <lei>391200L7PIS4QXYJUQ72</lei>
        <title>AU OPTRONICS CORP COMMON STOCK TWD10.0</title>
        <cusip>628819906</cusip>
        <identifiers>
          <isin value="TW0002409000"/>
        </identifiers>
        <balance>2658000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>890138.280000</valUSD>
        <pctVal>0.1514939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC BANK BERHAD</name>
        <lei>549300L2RSQCVMOHGM20</lei>
        <title>PUBLIC BANK BERHAD COMMON STOCK MYR1.</title>
        <cusip>B012W4901</cusip>
        <identifiers>
          <isin value="MYL1295OO004"/>
        </identifiers>
        <balance>158500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>753847.310000</valUSD>
        <pctVal>0.1282984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC JOINT STOCK COMPANY ALROSA (AKA: ALROSA PJSC)</name>
        <lei>N/A</lei>
        <title>ALROSA PJSC COMMON STOCK RUB.5</title>
        <cusip>ACI028ME1</cusip>
        <identifiers>
          <isin value="RU0007252813"/>
        </identifiers>
        <balance>1162010.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1578646.740000</valUSD>
        <pctVal>0.2686722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC JOINT-STOCK COMPANY INTER RAO UES</name>
        <lei>253400PMFKF8Q8G1FA17</lei>
        <title>INTER RAO UES PJSC COMMON STOCK RUB2.80977</title>
        <cusip>B5B2VL902</cusip>
        <identifiers>
          <isin value="RU000A0JPNM1"/>
        </identifiers>
        <balance>13518000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1099473.800000</valUSD>
        <pctVal>0.1871210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC POWER CORPORATION SA (PPC)</name>
        <lei>213800T9Y5XCOVRZ4Y57</lei>
        <title>PUBLIC POWER CORP COMMON STOCK EUR2.48</title>
        <cusip>726829906</cusip>
        <identifiers>
          <isin value="GRS434003000"/>
        </identifiers>
        <balance>46979.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>217906.380000</valUSD>
        <pctVal>0.0370858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="136832.180000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QUANTA COMPUTER INC</name>
        <lei>529900DE8BIV3XOXIK04</lei>
        <title>QUANTA COMPUTER INC COMMON STOCK TWD10.</title>
        <cusip>614101905</cusip>
        <identifiers>
          <isin value="TW0002382009"/>
        </identifiers>
        <balance>1369000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2940767.730000</valUSD>
        <pctVal>0.5004935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RAIA DROGASIL SA</name>
        <lei>N/A</lei>
        <title>RAIA DROGASIL SA COMMON STOCK</title>
        <cusip>B7FQV6904</cusip>
        <identifiers>
          <isin value="BRRADLACNOR0"/>
        </identifiers>
        <balance>30300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>844039.970000</valUSD>
        <pctVal>0.1436484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RATCH GROUP PCL</name>
        <lei>2138004IGHN9UQGDSH20</lei>
        <title>RATCH GROUP PCL FOREIGN FOREIGN SH. THB10.0 A</title>
        <cusip>BK1W1W903</cusip>
        <identifiers>
          <isin value="TH0637010Y18"/>
        </identifiers>
        <balance>197900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>454249.260000</valUSD>
        <pctVal>0.0773093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REDEFINE PROPERTIES LIMITED</name>
        <lei>37890061EC026A7DA532</lei>
        <title>REDEFINE PROPERTIES LTD REIT</title>
        <cusip>BMP385909</cusip>
        <identifiers>
          <isin value="ZAE000190252"/>
        </identifiers>
        <balance>557685.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>301020.890000</valUSD>
        <pctVal>0.0512312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RHB BANK BERHAD</name>
        <lei>549300ZHRPSV7QIUJT80</lei>
        <title>RHB BANK BHD COMMON STOCK</title>
        <cusip>624467908</cusip>
        <identifiers>
          <isin value="MYL1066OO009"/>
        </identifiers>
        <balance>52600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>74325.390000</valUSD>
        <pctVal>0.0126495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROSNEFT OAO (AKA: ROSNEFT OIL CO)</name>
        <lei>253400JT3MQWNDKMJE44</lei>
        <title>ROSNEFT OIL CO PJSC REGS GDR GDR</title>
        <cusip>B17FSC901</cusip>
        <identifiers>
          <isin value="US67812M2070"/>
        </identifiers>
        <balance>225011.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1633558.260000</valUSD>
        <pctVal>0.2780176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROSSETTI PJSC</name>
        <lei>549300BVSSKP13UVXI08</lei>
        <title>ROSSETI PJSC COMMON STOCK RUB1.0</title>
        <cusip>B5B27G900</cusip>
        <identifiers>
          <isin value="RU000A0JPVJ0"/>
        </identifiers>
        <balance>17585000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>391909.380000</valUSD>
        <pctVal>0.0666996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROSTELECOM PJSC (AKA: ROSTELECOM OJSC)</name>
        <lei>2534001D752JPNM0H170</lei>
        <title>ROSTELECOM PJSC COMMON STOCK RUB.0025</title>
        <cusip>B58ZLT907</cusip>
        <identifiers>
          <isin value="RU0008943394"/>
        </identifiers>
        <balance>253370.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>319811.600000</valUSD>
        <pctVal>0.0544292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>S-OIL CORPORATION</name>
        <lei>988400QTUXYDN8W3MZ32</lei>
        <title>S OIL CORP COMMON STOCK KRW2500.0</title>
        <cusip>640605903</cusip>
        <identifiers>
          <isin value="KR7010950004"/>
        </identifiers>
        <balance>5163.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>424046.470000</valUSD>
        <pctVal>0.0721691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="336329.710000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SACI FALABELLA</name>
        <lei>5493004CKJQ7H391LM41</lei>
        <title>S.A.C.I. FALABELLA COMMON STOCK</title>
        <cusip>277167904</cusip>
        <identifiers>
          <isin value="CLP3880F1085"/>
        </identifiers>
        <balance>95570.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>411893.710000</valUSD>
        <pctVal>0.0701008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG CARD CO</name>
        <lei>N/A</lei>
        <title>SAMSUNG CARD CO COMMON STOCK KRW5000.</title>
        <cusip>B1WQQ4909</cusip>
        <identifiers>
          <isin value="KR7029780004"/>
        </identifiers>
        <balance>10071.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>336149.940000</valUSD>
        <pctVal>0.0572098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG ELECTRO-MECHANICS CO</name>
        <lei>N/A</lei>
        <title>SAMSUNG ELECTRO MECHANICS CO COMMON STOCK KRW5000.</title>
        <cusip>677168908</cusip>
        <identifiers>
          <isin value="KR7009150004"/>
        </identifiers>
        <balance>8831.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>949871.810000</valUSD>
        <pctVal>0.1616601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="730877.480000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG ELECTRONICS CO LTD</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0</title>
        <cusip>677172009</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
        </identifiers>
        <balance>184357.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>8883581.790000</valUSD>
        <pctVal>1.5119096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG FIRE &amp; MARINE INS</name>
        <lei>988400JMBDK47EW0Z936</lei>
        <title>SAMSUNG FIRE + MARINE INS COMMON STOCK KRW500.</title>
        <cusip>615525904</cusip>
        <identifiers>
          <isin value="KR7000810002"/>
        </identifiers>
        <balance>7427.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1561418.230000</valUSD>
        <pctVal>0.2657400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG HEAVY INDUSTRIES COLTD</name>
        <lei>988400OSK0T9LDTWNC20</lei>
        <title>SAMSUNG HEAVY INDUSTRIES COMMON STOCK KRW5000.</title>
        <cusip>677221905</cusip>
        <identifiers>
          <isin value="KR7010140002"/>
        </identifiers>
        <balance>26071.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>163260.390000</valUSD>
        <pctVal>0.0277855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG LIFE INSURANCE CO LTD</name>
        <lei>988400VYE6E0WYSM4S92</lei>
        <title>SAMSUNG LIFE INSURANCE CO LT COMMON STOCK KRW500.</title>
        <cusip>B12C0T906</cusip>
        <identifiers>
          <isin value="KR7032830002"/>
        </identifiers>
        <balance>14625.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>940236.520000</valUSD>
        <pctVal>0.1600202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG SECURITIES CO LTD</name>
        <lei>988400RBTJTHNUOHE716</lei>
        <title>SAMSUNG SECURITIES CO LTD COMMON STOCK KRW5000.</title>
        <cusip>640844908</cusip>
        <identifiers>
          <isin value="KR7016360000"/>
        </identifiers>
        <balance>4271.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>142246.420000</valUSD>
        <pctVal>0.0242091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAN MIGUEL CORPORATION</name>
        <lei>549300AGC9NFF12PHN68</lei>
        <title>SAN MIGUEL CORP COMMON STOCK PHP5.</title>
        <cusip>B56DTZ906</cusip>
        <identifiers>
          <isin value="PHY751061151"/>
        </identifiers>
        <balance>49730.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>161027.840000</valUSD>
        <pctVal>0.0274056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANLAM LIMITED</name>
        <lei>37890014418406D9FC23</lei>
        <title>SANLAM LTD COMMON STOCK ZAR.01</title>
        <cusip>B0L675905</cusip>
        <identifiers>
          <isin value="ZAE000070660"/>
        </identifiers>
        <balance>238332.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1346546.750000</valUSD>
        <pctVal>0.2291707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAPPI LIMITED</name>
        <lei>549300SSI7XQH8ESJG95</lei>
        <title>SAPPI LIMITED COMMON STOCK ZAR1.0</title>
        <cusip>677700908</cusip>
        <identifiers>
          <isin value="ZAE000006284"/>
        </identifiers>
        <balance>112432.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>350148.190000</valUSD>
        <pctVal>0.0595922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVIC INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>529900BWOS1J8CVBUW36</lei>
        <title>AVIC INTERNATIONAL HOLDING H COMMON STOCK CNY1.0</title>
        <cusip>605261908</cusip>
        <identifiers>
          <isin value="CNE1000002B4"/>
        </identifiers>
        <balance>148000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>156718.840000</valUSD>
        <pctVal>0.0266722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="154495.110000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SASOL LIMITED</name>
        <lei>N/A</lei>
        <title>SASOL LTD COMMON STOCK</title>
        <cusip>677745903</cusip>
        <identifiers>
          <isin value="ZAE000006896"/>
        </identifiers>
        <balance>24450.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>530458.270000</valUSD>
        <pctVal>0.0902795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBERBANK PAO (AKA: SBERBANK OF RUSSIA OAO, SBERBANK OF RUSSIA JSC)</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>SBERBANK OF RUSSIA PJSC COMMON STOCK RUB3.0</title>
        <cusip>476798905</cusip>
        <identifiers>
          <isin value="RU0009029540"/>
        </identifiers>
        <balance>429060.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1762209.800000</valUSD>
        <pctVal>0.2999130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVICHINA INDUSTRY &amp; TECHNOLOGY COMPANY LIMITED</name>
        <lei>5299003TVA3JVDKJGF39</lei>
        <title>AVICHINA INDUSTRY + TECH H COMMON STOCK CNY1.0</title>
        <cusip>670789908</cusip>
        <identifiers>
          <isin value="CNE1000001Y8"/>
        </identifiers>
        <balance>86000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>38753.890000</valUSD>
        <pctVal>0.0065956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEAH BESTEEL CORPORATION</name>
        <lei>N/A</lei>
        <title>SEAH BESTEEL CORP COMMON STOCK KRW5000.</title>
        <cusip>649450905</cusip>
        <identifiers>
          <isin value="KR7001430008"/>
        </identifiers>
        <balance>4330.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>57006.300000</valUSD>
        <pctVal>0.0097020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEAZEN GROUP LTD (AKA: FUTURE LAND DEVELOPMENT HOLDINGS LIMITED)</name>
        <lei>5493006M8GRAQRCSCD67</lei>
        <title>SEAZEN GROUP LTD COMMON STOCK HKD.001</title>
        <cusip>B6V94F906</cusip>
        <identifiers>
          <isin value="KYG3701A1067"/>
        </identifiers>
        <balance>166000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>202165.860000</valUSD>
        <pctVal>0.0344069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEMEN INDONESIA PERSERO TBK PT</name>
        <lei>2549006ADJYJS2SD8T24</lei>
        <title>SEMEN INDONESIA PERSERO TBK COMMON STOCK IDR100.</title>
        <cusip>679523001</cusip>
        <identifiers>
          <isin value="ID1000106800"/>
        </identifiers>
        <balance>486900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>419873.940000</valUSD>
        <pctVal>0.0714590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION</name>
        <lei>300300522KCU7YI25841</lei>
        <title>SEMICONDUCTOR MANUFACTURING COMMON STOCK USD.004</title>
        <cusip>BDFBM1905</cusip>
        <identifiers>
          <isin value="KYG8020E1199"/>
        </identifiers>
        <balance>373500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>572172.780000</valUSD>
        <pctVal>0.0973789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEMIRARA MINING AND POWER CORP (AKA: SEMIRARA MINING CORP)</name>
        <lei>N/A</lei>
        <title>SEMIRARA MINING AND POWER CO COMMON STOCK PHP1.0</title>
        <cusip>BQ13Z0907</cusip>
        <identifiers>
          <isin value="PHY7628G1124"/>
        </identifiers>
        <balance>91800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>39877.580000</valUSD>
        <pctVal>0.0067868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEVERSTAL PJSC</name>
        <lei>213800OKDPTV6K4ONO53</lei>
        <title>SEVERSTAL   GDR REG S GDR</title>
        <cusip>B1G4YH908</cusip>
        <identifiers>
          <isin value="US8181503025"/>
        </identifiers>
        <balance>112043.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1695613.380000</valUSD>
        <pctVal>0.2885789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1018490.940000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI COMMERCIAL &amp; SAVINGS BANK LTD</name>
        <lei>549300TLB5ALPCGBHN23</lei>
        <title>THE SHANGHAI COMMERCIAL + SA COMMON STOCK TWD10.0</title>
        <cusip>B7LV1N902</cusip>
        <identifiers>
          <isin value="TW0005876007"/>
        </identifiers>
        <balance>479605.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>833601.260000</valUSD>
        <pctVal>0.1418718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI INDUSTRIAL HOLDINGS LIMITED</name>
        <lei>529900S37EMGYP84J616</lei>
        <title>SHANGHAI INDUSTRIAL HLDG LTD COMMON STOCK</title>
        <cusip>681001905</cusip>
        <identifiers>
          <isin value="HK0363006039"/>
        </identifiers>
        <balance>31000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>59677.580000</valUSD>
        <pctVal>0.0101566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>5493002NKD14ZZMEJF98</lei>
        <title>SHENZHEN INTL HOLDINGS COMMON STOCK HKD1.0</title>
        <cusip>BJVBTY905</cusip>
        <identifiers>
          <isin value="BMG8086V1467"/>
        </identifiers>
        <balance>30000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>65907.720000</valUSD>
        <pctVal>0.0112169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHOU INTERNATIONAL GROUP</name>
        <lei>529900B4W41TCUKJFM73</lei>
        <title>SHENZHOU INTERNATIONAL GROUP COMMON STOCK HKD.1</title>
        <cusip>B0MP1B905</cusip>
        <identifiers>
          <isin value="KYG8087W1015"/>
        </identifiers>
        <balance>86400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1262741.550000</valUSD>
        <pctVal>0.2149078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIN KONG FINANCIAL HOLDINGS</name>
        <lei>529900YF6H5G3WJC6V36</lei>
        <title>SHIN KONG FINANCIAL HOLDING COMMON STOCK TWD10.</title>
        <cusip>645258906</cusip>
        <identifiers>
          <isin value="TW0002888005"/>
        </identifiers>
        <balance>1078965.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>372886.160000</valUSD>
        <pctVal>0.0634620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHINHAN FINANCIAL GROUP CO LTD</name>
        <lei>988400EB8A6G49E5KO54</lei>
        <title>SHINHAN FINANCIAL GROUP LTD COMMON STOCK KRW5000.</title>
        <cusip>639750900</cusip>
        <identifiers>
          <isin value="KR7055550008"/>
        </identifiers>
        <balance>106427.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3990245.430000</valUSD>
        <pctVal>0.6791056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHINSEGAE CO LTD</name>
        <lei>N/A</lei>
        <title>SHINSEGAE INC COMMON STOCK KRW5000.0</title>
        <cusip>680504909</cusip>
        <identifiers>
          <isin value="KR7004170007"/>
        </identifiers>
        <balance>1161.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>289426.220000</valUSD>
        <pctVal>0.0492579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHOPRITE HOLDINGS LTD</name>
        <lei>529900Q4O1EYP6NH5150</lei>
        <title>SHOPRITE HOLDINGS LTD COMMON STOCK ZAR1.134</title>
        <cusip>680157906</cusip>
        <identifiers>
          <isin value="ZAE000012084"/>
        </identifiers>
        <balance>60754.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>546423.770000</valUSD>
        <pctVal>0.0929967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHUI ON LAND LIMITED</name>
        <lei>5299008W71Y7DHTU7753</lei>
        <title>SHUI ON LAND LTD COMMON STOCK USD.0025</title>
        <cusip>B16NHT900</cusip>
        <identifiers>
          <isin value="KYG811511131"/>
        </identifiers>
        <balance>1433000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>314928.060000</valUSD>
        <pctVal>0.0535981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIAM CEMENT PCL</name>
        <lei>529900SEH9QK8ZZDCQ89</lei>
        <title>SIAM CEMENT PUB CO FOR REG FOREIGN SH. THB1.0 A</title>
        <cusip>660990904</cusip>
        <identifiers>
          <isin value="TH0003010Z12"/>
        </identifiers>
        <balance>230200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>3008793.710000</valUSD>
        <pctVal>0.5120709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIBANYE GOLD LIMITED</name>
        <lei>378900B37FC0F94CE967</lei>
        <title>SIBANYE GOLD LTD SPONS ADR ADR</title>
        <cusip>825724206</cusip>
        <identifiers>
          <isin value="US8257242060"/>
        </identifiers>
        <balance>49475.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>491286.750000</valUSD>
        <pctVal>0.0836128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXIATA GROUP BERHAD</name>
        <lei>254900DM0V7OCPDUUC55</lei>
        <title>AXIATA GROUP BERHAD COMMON STOCK MYR1.</title>
        <cusip>B2QZGV905</cusip>
        <identifiers>
          <isin value="MYL6888OO001"/>
        </identifiers>
        <balance>444400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>450144.340000</valUSD>
        <pctVal>0.0766107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIME DARBY BERHAD</name>
        <lei>N/A</lei>
        <title>SIME DARBY BERHAD COMMON STOCK MYR.5</title>
        <cusip>B29TTR903</cusip>
        <identifiers>
          <isin value="MYL4197OO009"/>
        </identifiers>
        <balance>708100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>384365.960000</valUSD>
        <pctVal>0.0654158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIME DARBY PLANTATION BERHAD</name>
        <lei>N/A</lei>
        <title>SIME DARBY PLANTATION BHD COMMON STOCK MYR.5</title>
        <cusip>932GJZ902</cusip>
        <identifiers>
          <isin value="MYL5285OO001"/>
        </identifiers>
        <balance>97700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>130215.510000</valUSD>
        <pctVal>0.0221616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXIS BANK LTD (AKA: UTI BANK LTD)</name>
        <lei>549300HVNWMJPOFVNI41</lei>
        <title>AXIS BANK LTD  GDR REG S GDR</title>
        <cusip>B06CDW903</cusip>
        <identifiers>
          <isin value="US05462W1099"/>
        </identifiers>
        <balance>65433.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3474492.300000</valUSD>
        <pctVal>0.5913289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINO-OCEAN GROUP HOLDING LTD (AKA: SINO-OCEAN LAND HOLDINGS LTD)</name>
        <lei>529900OLNN3N4AB8ME83</lei>
        <title>SINO OCEAN GROUP HOLDING LTD COMMON STOCK</title>
        <cusip>B24CVP906</cusip>
        <identifiers>
          <isin value="HK3377040226"/>
        </identifiers>
        <balance>664000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>266543.810000</valUSD>
        <pctVal>0.0453635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOPAC HOLDINGS CO</name>
        <lei>N/A</lei>
        <title>SINOPAC FINANCIAL HOLDINGS COMMON STOCK TWD10.</title>
        <cusip>652587908</cusip>
        <identifiers>
          <isin value="TW0002890001"/>
        </identifiers>
        <balance>1906528.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>827085.390000</valUSD>
        <pctVal>0.1407629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOPEC ENGINEERING (GROUP) CO LTD</name>
        <lei>529900MZVFFC7D57VV51</lei>
        <title>SINOPEC ENGINEERING GROUP H COMMON STOCK CNY1.0</title>
        <cusip>B92NYC905</cusip>
        <identifiers>
          <isin value="CNE100001NV2"/>
        </identifiers>
        <balance>70500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>42196.520000</valUSD>
        <pctVal>0.0071815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED (AKA: SHANGHAI PECHEM)</name>
        <lei>5299008RZ0G8ACZ8ZU65</lei>
        <title>SINOPEC SHANGHAI PETROCHEM H COMMON STOCK CNY1.0</title>
        <cusip>679745901</cusip>
        <identifiers>
          <isin value="CNE1000004C8"/>
        </identifiers>
        <balance>1088000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>328444.530000</valUSD>
        <pctVal>0.0558984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOPHARM GROUP CO LTD</name>
        <lei>529900N54X78YH9JYK92</lei>
        <title>SINOPHARM GROUP CO H COMMON STOCK CNY1.0</title>
        <cusip>B3ZVDV905</cusip>
        <identifiers>
          <isin value="CNE100000FN7"/>
        </identifiers>
        <balance>81600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>297749.090000</valUSD>
        <pctVal>0.0506743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOTRANS LIMITED</name>
        <lei>5299005U1RZLKVFWR249</lei>
        <title>SINOTRANS LIMITED H COMMON STOCK CNY1.0</title>
        <cusip>657901906</cusip>
        <identifiers>
          <isin value="CNE1000004F1"/>
        </identifiers>
        <balance>416000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>141493.760000</valUSD>
        <pctVal>0.0240810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SISTEMA PJSFC</name>
        <lei>213800JSZ2UUK4QQK694</lei>
        <title>SISTEMA PJSFC COMMON STOCK RUB.09</title>
        <cusip>B5B6XH900</cusip>
        <identifiers>
          <isin value="RU000A0DQZE3"/>
        </identifiers>
        <balance>3429100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>843435.810000</valUSD>
        <pctVal>0.1435456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK GAS LTD</name>
        <lei>5493005JC6AP53N4D383</lei>
        <title>SK GAS LTD COMMON STOCK KRW5000.0</title>
        <cusip>603602905</cusip>
        <identifiers>
          <isin value="KR7018670000"/>
        </identifiers>
        <balance>2399.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>175186.250000</valUSD>
        <pctVal>0.0298152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="137578.530000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>SK HOLDINGS CO LTD COMMON STOCK KRW200.0</title>
        <cusip>B39Z8L903</cusip>
        <identifiers>
          <isin value="KR7034730002"/>
        </identifiers>
        <balance>7704.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1738010.360000</valUSD>
        <pctVal>0.2957945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK HYNIX INC</name>
        <lei>988400XAIK6XISWQV045</lei>
        <title>SK HYNIX INC COMMON STOCK KRW5000.</title>
        <cusip>645026907</cusip>
        <identifiers>
          <isin value="KR7000660001"/>
        </identifiers>
        <balance>103565.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>8423742.080000</valUSD>
        <pctVal>1.4336488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AYALA CORPORATION</name>
        <lei>254900QJ68UH8GKNGI69</lei>
        <title>AYALA CORPORATION COMMON STOCK PHP50.</title>
        <cusip>B09JBT904</cusip>
        <identifiers>
          <isin value="PHY0486V1154"/>
        </identifiers>
        <balance>18410.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>285157.040000</valUSD>
        <pctVal>0.0485313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK INNOVATION CO LTD</name>
        <lei>988400PXP70BWVSJVF07</lei>
        <title>SK INNOVATION CO LTD COMMON STOCK KRW5000.</title>
        <cusip>B232R0909</cusip>
        <identifiers>
          <isin value="KR7096770003"/>
        </identifiers>
        <balance>25167.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3257047.660000</valUSD>
        <pctVal>0.5543216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK NETWORKS CO LTD</name>
        <lei>988400WX6GOIPU4EMN09</lei>
        <title>SK NETWORKS CO LTD COMMON STOCK KRW2500.0</title>
        <cusip>B04PZG907</cusip>
        <identifiers>
          <isin value="KR7001740000"/>
        </identifiers>
        <balance>126586.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>649144.130000</valUSD>
        <pctVal>0.1104788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK TELECOM CO LTD</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK TELECOM COMMON STOCK KRW500.</title>
        <cusip>622487908</cusip>
        <identifiers>
          <isin value="KR7017670001"/>
        </identifiers>
        <balance>9349.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1926346.300000</valUSD>
        <pctVal>0.3278477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AYALA LAND INC</name>
        <lei>254900EWT10TQ6DKTV34</lei>
        <title>AYALA LAND INC COMMON STOCK PHP1.0</title>
        <cusip>605511906</cusip>
        <identifiers>
          <isin value="PHY0488F1004"/>
        </identifiers>
        <balance>463100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>415359.090000</valUSD>
        <pctVal>0.0706906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM PRIME HOLDINGS INC</name>
        <lei>254900SZK83MIAB8CU32</lei>
        <title>SM PRIME HOLDINGS INC COMMON STOCK PHP1.0</title>
        <cusip>681884904</cusip>
        <identifiers>
          <isin value="PHY8076N1120"/>
        </identifiers>
        <balance>428400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>355575.780000</valUSD>
        <pctVal>0.0605160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIEDAD QUIMICA Y MINERA DE CHILE SA</name>
        <lei>TJ88LXZZW5PWIN93ZC81</lei>
        <title>QUIMICA Y MINERA CHIL SP ADR ADR USD1.0</title>
        <cusip>833635105</cusip>
        <identifiers>
          <isin value="US8336351056"/>
        </identifiers>
        <balance>8763.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>233884.470000</valUSD>
        <pctVal>0.0398051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOHO CHINA LIMITED</name>
        <lei>529900DEZNBJ3OIZQO40</lei>
        <title>SOHO CHINA LTD COMMON STOCK HKD.02</title>
        <cusip>B27WLD907</cusip>
        <identifiers>
          <isin value="KYG826001003"/>
        </identifiers>
        <balance>551000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>207860.710000</valUSD>
        <pctVal>0.0353761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B3 SA - BRASIL BOLSA BALCAO (AKA: BM&amp;FBOVESPA SA)</name>
        <lei>4GTK5S46E6H318LMDS44</lei>
        <title>B3 SA BRASIL BOLSA BALCAO COMMON STOCK</title>
        <cusip>BG36ZK906</cusip>
        <identifiers>
          <isin value="BRB3SAACNOR6"/>
        </identifiers>
        <balance>248200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2666317.640000</valUSD>
        <pctVal>0.4537845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPAR GROUP LIMITED/THE</name>
        <lei>N/A</lei>
        <title>SPAR GROUP LIMITED/THE COMMON STOCK</title>
        <cusip>B038WK900</cusip>
        <identifiers>
          <isin value="ZAE000058517"/>
        </identifiers>
        <balance>17674.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>249681.080000</valUSD>
        <pctVal>0.0424936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STANDARD BANK GROUP LTD/SOUTH AFRICA BRANCH</name>
        <lei>2549003PEZXUT7MDBU41</lei>
        <title>STANDARD BANK GROUP LTD COMMON STOCK ZAR.1</title>
        <cusip>B030GJ908</cusip>
        <identifiers>
          <isin value="ZAE000109815"/>
        </identifiers>
        <balance>106822.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1284850.500000</valUSD>
        <pctVal>0.2186706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>STAR PETROLEUM REFINING PCL FOREIGN SH. THB6.92 A</title>
        <cusip>BD4DC9907</cusip>
        <identifiers>
          <isin value="TH6838010010"/>
        </identifiers>
        <balance>2561300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>913814.380000</valUSD>
        <pctVal>0.1555234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAIC MOTOR CORPORATION LIMITED</name>
        <lei>5299003EYHISIDNLZQ19</lei>
        <title>BAIC MOTOR CORP LTD H COMMON STOCK CNY1.0</title>
        <cusip>BTF8BT908</cusip>
        <identifiers>
          <isin value="CNE100001TJ4"/>
        </identifiers>
        <balance>89500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>50856.230000</valUSD>
        <pctVal>0.0086553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE BANK OF INDIA</name>
        <lei>5493001JZ37UBBZF6L49</lei>
        <title>STATE BANK OF INDI GDR REG S GDR</title>
        <cusip>513109900</cusip>
        <identifiers>
          <isin value="US8565522039"/>
        </identifiers>
        <balance>45908.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2148494.400000</valUSD>
        <pctVal>0.3656554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="501181.200000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUL AMERICA SA</name>
        <lei>N/A</lei>
        <title>SUL AMERICA SA   UNITS UNIT</title>
        <cusip>B27WYK907</cusip>
        <identifiers>
          <isin value="BRSULACDAM12"/>
        </identifiers>
        <balance>25100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>374633.720000</valUSD>
        <pctVal>0.0637595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNAC CHINA HOLDINGS LIMITED</name>
        <lei>549300OLARYHDXP3WK18</lei>
        <title>SUNAC CHINA HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B4XRPN909</cusip>
        <identifiers>
          <isin value="KYG8569A1067"/>
        </identifiers>
        <balance>202000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1205945.780000</valUSD>
        <pctVal>0.2052417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SURGUTNEFTEGAS PJSC (AKA: SURGUTNEFTEGAS OJSC)</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>SURGUTNEFTEGAS PREFERENCE PREFERENCE</title>
        <cusip>B5BHR4902</cusip>
        <identifiers>
          <isin value="RU0009029524"/>
        </identifiers>
        <balance>13235500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>8059074.070000</valUSD>
        <pctVal>1.3715855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION</name>
        <lei>529900GMBJ3R4A2WBC71</lei>
        <title>SYNNEX TECHNOLOGY INTL CORP COMMON STOCK TWD10.</title>
        <cusip>686843905</cusip>
        <identifiers>
          <isin value="TW0002347002"/>
        </identifiers>
        <balance>513000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>641986.500000</valUSD>
        <pctVal>0.1092606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAEKWANG INDUSTRIAL CO LTD</name>
        <lei>N/A</lei>
        <title>TAEKWANG INDUSTRIAL CO LTD COMMON STOCK KRW5000.</title>
        <cusip>687079004</cusip>
        <identifiers>
          <isin value="KR7003240009"/>
        </identifiers>
        <balance>123.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>112593.100000</valUSD>
        <pctVal>0.0191624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO BTG PACTUAL S/A</name>
        <lei>ZXLTQRYIK6IJH3R0IK66</lei>
        <title>BANCO BTG PACTUAL SA UNIT UNIT</title>
        <cusip>BZBZVC903</cusip>
        <identifiers>
          <isin value="BRBPACUNT006"/>
        </identifiers>
        <balance>80600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1531075.530000</valUSD>
        <pctVal>0.2605760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAISHIN FINANCIAL HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>TAISHIN FINANCIAL HOLDING COMMON STOCK TWD10.</title>
        <cusip>645168907</cusip>
        <identifiers>
          <isin value="TW0002887007"/>
        </identifiers>
        <balance>1569133.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>759443.990000</valUSD>
        <pctVal>0.1292509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN CEMENT</name>
        <lei>529900C56C3PB9X9ZO58</lei>
        <title>TAIWAN CEMENT COMMON STOCK TWD10.</title>
        <cusip>686993908</cusip>
        <identifiers>
          <isin value="TW0001101004"/>
        </identifiers>
        <balance>1678096.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2447769.790000</valUSD>
        <pctVal>0.4165895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN COOPERATIVE FINANCIAL HOLDING</name>
        <lei>N/A</lei>
        <title>TAIWAN COOPERATIVE FINANCIAL COMMON STOCK TWD10.0</title>
        <cusip>ACI016NW5</cusip>
        <identifiers>
          <isin value="TW0005880009"/>
        </identifiers>
        <balance>1311602.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>907814.800000</valUSD>
        <pctVal>0.1545023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN HIGH SPEED RAIL CORPORATION</name>
        <lei>N/A</lei>
        <title>TAIWAN HIGH SPEED RAIL CORP COMMON STOCK TWD10.</title>
        <cusip>B04BGQ907</cusip>
        <identifiers>
          <isin value="TW0002633005"/>
        </identifiers>
        <balance>325000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>416681.790000</valUSD>
        <pctVal>0.0709157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN MOBILE CO LTD</name>
        <lei>N/A</lei>
        <title>TAIWAN MOBILE CO LTD COMMON STOCK TWD10.</title>
        <cusip>629049909</cusip>
        <identifiers>
          <isin value="TW0003045001"/>
        </identifiers>
        <balance>395000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1475798.110000</valUSD>
        <pctVal>0.2511682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN SEMICONDUCTOR</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>TAIWAN SEMICONDUCTOR SP ADR ADR</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
        </identifiers>
        <balance>372783.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21658692.300000</valUSD>
        <pctVal>3.6861241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DE CHILE</name>
        <lei>8B4EZFY8IHJC44TT2K84</lei>
        <title>BANCO DE CHILE COMMON STOCK</title>
        <cusip>210084901</cusip>
        <identifiers>
          <isin value="CLP0939W1081"/>
        </identifiers>
        <balance>5405222.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>572905.370000</valUSD>
        <pctVal>0.0975036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA MOTORS LIMITED</name>
        <lei>335800BO2LHWJJ8TZI32</lei>
        <title>TATA MOTORS LTD SPON ADR ADR USD.1</title>
        <cusip>876568502</cusip>
        <identifiers>
          <isin value="US8765685024"/>
        </identifiers>
        <balance>59201.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>765468.930000</valUSD>
        <pctVal>0.1302763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DE CREDITO E INVERSIONES (BCI)</name>
        <lei>549300E9E5Y3PKW24142</lei>
        <title>BANCO DE CREDITO E INVERSION COMMON STOCK</title>
        <cusip>206935900</cusip>
        <identifiers>
          <isin value="CLP321331116"/>
        </identifiers>
        <balance>2771.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>125661.410000</valUSD>
        <pctVal>0.0213865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATNEFT OAO</name>
        <lei>253400PAT768SVJMV121</lei>
        <title>TATNEFT PAO SPONSORED ADR ADR</title>
        <cusip>BYY37Q908</cusip>
        <identifiers>
          <isin value="US8766292051"/>
        </identifiers>
        <balance>32147.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2374377.420000</valUSD>
        <pctVal>0.4040987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="382964.100000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAURON POLSKA ENERGIA SA</name>
        <lei>259400NAPDFBOTNCRL54</lei>
        <title>TAURON POLSKA ENERGIA SA COMMON STOCK PLN5.</title>
        <cusip>B5P7L4905</cusip>
        <identifiers>
          <isin value="PLTAURN00011"/>
        </identifiers>
        <balance>500053.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>215805.840000</valUSD>
        <pctVal>0.0367283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DO BRASIL SA</name>
        <lei>QE0Q0253K88YAGNPE356</lei>
        <title>BANCO DO BRASIL S.A. COMMON STOCK</title>
        <cusip>232859900</cusip>
        <identifiers>
          <isin value="BRBBASACNOR3"/>
        </identifiers>
        <balance>172300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2274103.870000</valUSD>
        <pctVal>0.3870330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELEF BRASIL SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>TELEFONICA BRASIL S.A. PREF PREFERENCE</title>
        <cusip>B3ZCNF901</cusip>
        <identifiers>
          <isin value="BRVIVTACNPR7"/>
        </identifiers>
        <balance>29900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>432162.360000</valUSD>
        <pctVal>0.0735503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELEKOM MALAYSIA BERHAD</name>
        <lei>254900SNFPTSDGGVEK77</lei>
        <title>TELEKOM MALAYSIA BHD COMMON STOCK MYR.7</title>
        <cusip>686839002</cusip>
        <identifiers>
          <isin value="MYL4863OO006"/>
        </identifiers>
        <balance>246400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>230215.790000</valUSD>
        <pctVal>0.0391808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELEKOMUNIKASI TBK PT</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>TELEKOMUNIKASI INDONESIA PER COMMON STOCK IDR50.</title>
        <cusip>BD4T6W908</cusip>
        <identifiers>
          <isin value="ID1000129000"/>
        </identifiers>
        <balance>10711900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>3068714.530000</valUSD>
        <pctVal>0.5222690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DO ESTADO DO RIO GRANDE DO SUL SA</name>
        <lei>254900W2BN097WLYIM20</lei>
        <title>BANCO ESTADO RIO GRAN PREF B PREFERENCE</title>
        <cusip>B23F8S900</cusip>
        <identifiers>
          <isin value="BRBRSRACNPB4"/>
        </identifiers>
        <balance>24400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>131893.100000</valUSD>
        <pctVal>0.0224471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELKOM SA SOC LIMITED</name>
        <lei>N/A</lei>
        <title>TELKOM SA SOC LTD COMMON STOCK ZAR10.0</title>
        <cusip>658857909</cusip>
        <identifiers>
          <isin value="ZAE000044897"/>
        </identifiers>
        <balance>124046.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>308816.920000</valUSD>
        <pctVal>0.0525580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TENAGA NASIONAL BERHAD</name>
        <lei>549300FV8X6UID6I1413</lei>
        <title>TENAGA NASIONAL BHD COMMON STOCK MYR1.</title>
        <cusip>690461009</cusip>
        <identifiers>
          <isin value="MYL5347OO009"/>
        </identifiers>
        <balance>307000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>995756.100000</valUSD>
        <pctVal>0.1694692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO SANTANDER CHILE SA</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>BANCO SANTANDER CHILE ADR ADR</title>
        <cusip>05965X109</cusip>
        <identifiers>
          <isin value="US05965X1090"/>
        </identifiers>
        <balance>2959.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>68264.130000</valUSD>
        <pctVal>0.0116180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THAI BEVERAGE PUBLIC COMPANY LIMITED</name>
        <lei>529900VZFHQZ684D8L07</lei>
        <title>THAI BEVERAGE PCL COMMON STOCK THB1.0 L</title>
        <cusip>B15F66900</cusip>
        <identifiers>
          <isin value="TH0902010014"/>
        </identifiers>
        <balance>1718300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.345000"/>
        <valUSD>1137752.360000</valUSD>
        <pctVal>0.1936357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THAI OIL PCL</name>
        <lei>549300HG5527UPZLTT69</lei>
        <title>THAI OIL PCL FOREIGN FOREIGN SH. THB10.0 A</title>
        <cusip>B0305J900</cusip>
        <identifiers>
          <isin value="TH0796010013"/>
        </identifiers>
        <balance>510700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1187095.620000</valUSD>
        <pctVal>0.2020335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THAI UNION GROUP PCL</name>
        <lei>25490047VDGNFMEYZW95</lei>
        <title>THAI UNION GROUP PCL F FOREIGN SH. THB.25 A</title>
        <cusip>BYTBHT909</cusip>
        <identifiers>
          <isin value="TH0450010Y16"/>
        </identifiers>
        <balance>1156000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>520052.590000</valUSD>
        <pctVal>0.0885085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THANACHART CAPITAL PCL</name>
        <lei>529900VNNYCFS81B3436</lei>
        <title>THANACHART CAPITAL FOREIGN FOREIGN SH. THB10.0 A</title>
        <cusip>BF5DGN906</cusip>
        <identifiers>
          <isin value="TH0083B10Z10"/>
        </identifiers>
        <balance>351300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>626797.820000</valUSD>
        <pctVal>0.1066756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE PUBLIC JOINT STOCK COMPANY MOSENERGO (AKA: MOSENERGO PAO)</name>
        <lei>N/A</lei>
        <title>MOSENERGO PJSC COMMON STOCK RUB1.0</title>
        <cusip>B59MBC903</cusip>
        <identifiers>
          <isin value="RU0008958863"/>
        </identifiers>
        <balance>3473000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>126741.380000</valUSD>
        <pctVal>0.0215703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIGER BRANDS LIMITED</name>
        <lei>529900C57HAFZAHHBC90</lei>
        <title>TIGER BRANDS LTD COMMON STOCK ZAR.1</title>
        <cusip>B0J4PP909</cusip>
        <identifiers>
          <isin value="ZAE000071080"/>
        </identifiers>
        <balance>26930.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>405366.150000</valUSD>
        <pctVal>0.0689899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIMES CHINA HOLDINGS LTD (AKA:  TIMES PROPERTY HOLDINGS LTD)</name>
        <lei>2549000KTINB9ZPZP710</lei>
        <title>TIMES CHINA HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>BH3FTS904</cusip>
        <identifiers>
          <isin value="KYG8904A1004"/>
        </identifiers>
        <balance>25000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>49818.020000</valUSD>
        <pctVal>0.0084786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TINGYI (CAYMAN ISLANDS) HOLDING CORP</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>TINGYI (CAYMAN ISLN) HLDG CO COMMON STOCK USD.005</title>
        <cusip>690355904</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
        </identifiers>
        <balance>284000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>484713.570000</valUSD>
        <pctVal>0.0824941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOFAS TURK OTOMOBIL FABRIKA</name>
        <lei>789000YSTNETKLRWHT29</lei>
        <title>TOFAS TURK OTOMOBIL FABRIKA COMMON STOCK TRY1.</title>
        <cusip>B03MY3905</cusip>
        <identifiers>
          <isin value="TRATOASO91H3"/>
        </identifiers>
        <balance>18970.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>85589.150000</valUSD>
        <pctVal>0.0145665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANGCHAK CORP PCL (AKA: BANGCHAK PETROLEUM PCL)</name>
        <lei>254900M7L6ML94L1YX58</lei>
        <title>BANGCHAK CORP PCL FOREIGN FOREIGN SH. THB1.0 A</title>
        <cusip>BYYH5F903</cusip>
        <identifiers>
          <isin value="TH0420010Y19"/>
        </identifiers>
        <balance>619300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>578339.990000</valUSD>
        <pctVal>0.0984285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANGKOK BANK PUBLIC COMPANY LIMITED</name>
        <lei>549300CCL2BKJGMYXV60</lei>
        <title>BANGKOK BANK PCL FOREIGN REG FOREIGN SH. THB10.0 A</title>
        <cusip>607701000</cusip>
        <identifiers>
          <isin value="TH0001010014"/>
        </identifiers>
        <balance>137900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>735813.800000</valUSD>
        <pctVal>0.1252292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOTAL ACCESS COMMUNICATION PCL</name>
        <lei>N/A</lei>
        <title>TOTAL ACCESS COMM FOREIGN FOREIGN SH. THB2.0 A</title>
        <cusip>B231MK902</cusip>
        <identifiers>
          <isin value="TH0554010Z14"/>
        </identifiers>
        <balance>621700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1103469.720000</valUSD>
        <pctVal>0.1878011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANGKOK DUSIT MEDICAL SERVICE PCL</name>
        <lei>N/A</lei>
        <title>BANGKOK DUSIT MED SERVICE F FOREIGN SH. THB.1 A</title>
        <cusip>BLZGSM902</cusip>
        <identifiers>
          <isin value="TH0264A10Z12"/>
        </identifiers>
        <balance>700700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>607301.410000</valUSD>
        <pctVal>0.1033575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK CENTRAL ASIA PT</name>
        <lei>254900BR956G2OHVOM21</lei>
        <title>BANK CENTRAL ASIA TBK PT COMMON STOCK IDR62.5</title>
        <cusip>B01C1P906</cusip>
        <identifiers>
          <isin value="ID1000109507"/>
        </identifiers>
        <balance>932100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>2241706.180000</valUSD>
        <pctVal>0.3815192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TPK HOLDING CO LTD</name>
        <lei>529900Z1TVEM4GA4UB88</lei>
        <title>TPK HOLDING CO LTD COMMON STOCK TWD10.</title>
        <cusip>B5T7VM900</cusip>
        <identifiers>
          <isin value="KYG898431096"/>
        </identifiers>
        <balance>96000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>182063.890000</valUSD>
        <pctVal>0.0309857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRUWORTHS INTERNATIONAL LTD</name>
        <lei>N/A</lei>
        <title>TRUWORTHS INTERNATIONAL LTD COMMON STOCK ZAR.00015</title>
        <cusip>611348905</cusip>
        <identifiers>
          <isin value="ZAE000028296"/>
        </identifiers>
        <balance>67658.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>238099.290000</valUSD>
        <pctVal>0.0405225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TSINGTAO BREWERY CO LTD</name>
        <lei>5299001HPFTEVOPKOQ55</lei>
        <title>TSINGTAO BREWERY CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>690580907</cusip>
        <identifiers>
          <isin value="CNE1000004K1"/>
        </identifiers>
        <balance>42000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>282162.600000</valUSD>
        <pctVal>0.0480217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TUPRAS TURKIYE PETROL RAFINERILERI AS</name>
        <lei>789000RCNG97UV50EE03</lei>
        <title>TUPRAS TURKIYE PETROL RAFINE COMMON STOCK TRY1.</title>
        <cusip>B03MYT908</cusip>
        <identifiers>
          <isin value="TRATUPRS91E8"/>
        </identifiers>
        <balance>40325.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>859212.660000</valUSD>
        <pctVal>0.1462306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURK HAVA YOLLARI ANONIM ORTAKLIGI (AKA: TURKISH AIRLINES)</name>
        <lei>789000EV8M3BL7ZPFB03</lei>
        <title>TURK HAVA YOLLARI AO COMMON STOCK TRY1.</title>
        <cusip>B03MYK907</cusip>
        <identifiers>
          <isin value="TRATHYAO91M5"/>
        </identifiers>
        <balance>220631.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>535950.860000</valUSD>
        <pctVal>0.0912143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURK TELEKOMUNIKASYON AS</name>
        <lei>789000A2TXOI10JZLF90</lei>
        <title>TURK TELEKOMUNIKASYON AS COMMON STOCK TRY1.</title>
        <cusip>B2RCGV905</cusip>
        <identifiers>
          <isin value="TRETTLK00013"/>
        </identifiers>
        <balance>227052.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>281126.400000</valUSD>
        <pctVal>0.0478453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURKCELL ILETISIM HIZMETLERI ANONIM SIRKETI</name>
        <lei>7890003EX1LTLS2FFL84</lei>
        <title>TURKCELL ILETISIM HIZMET AS COMMON STOCK TRY1.</title>
        <cusip>B03MYN901</cusip>
        <identifiers>
          <isin value="TRATCELL91M1"/>
        </identifiers>
        <balance>21598.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>50092.340000</valUSD>
        <pctVal>0.0085253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURKIYE HALK BANKASI AS (AKA: HALKBANK)</name>
        <lei>78900012HXPJ1YQGTH03</lei>
        <title>TURKIYE HALK BANKASI COMMON STOCK TRY1.</title>
        <cusip>B1WTMP900</cusip>
        <identifiers>
          <isin value="TRETHAL00019"/>
        </identifiers>
        <balance>101219.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>100522.650000</valUSD>
        <pctVal>0.0171081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURKIYE IS BANKASI (ISBANK)</name>
        <lei>789000FIRX9MDN0KTM91</lei>
        <title>TURKIYE IS BANKASI C COMMON STOCK TRY1.</title>
        <cusip>B03MYS900</cusip>
        <identifiers>
          <isin value="TRAISCTR91N2"/>
        </identifiers>
        <balance>387128.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>416910.370000</valUSD>
        <pctVal>0.0709546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURKIYE VAKIFLAR BANKASI TAO</name>
        <lei>789000KAIHOLSQKQ9858</lei>
        <title>TURKIYE VAKIFLAR BANKASI T D COMMON STOCK TRY1.</title>
        <cusip>B0N6YC908</cusip>
        <identifiers>
          <isin value="TREVKFB00019"/>
        </identifiers>
        <balance>107125.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>99152.840000</valUSD>
        <pctVal>0.0168750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ULTRAPAR PARTICIPACOES SA</name>
        <lei>529900FU4XBXGQMLRE72</lei>
        <title>ULTRAPAR PARTICIPACOES SA COMMON STOCK</title>
        <cusip>B0FHTN905</cusip>
        <identifiers>
          <isin value="BRUGPAACNOR8"/>
        </identifiers>
        <balance>250100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1591980.540000</valUSD>
        <pctVal>0.2709415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNI-PRESIDENT CHINA HOLDINGS LTD</name>
        <lei>529900JUA05094TOKA73</lei>
        <title>UNI PRESIDENT CHINA HOLDINGS COMMON STOCK HKD.01</title>
        <cusip>B29MKF903</cusip>
        <identifiers>
          <isin value="KYG9222R1065"/>
        </identifiers>
        <balance>186000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>195406.390000</valUSD>
        <pctVal>0.0332565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNI-PRESIDENT ENTERPRISES CORP</name>
        <lei>254900DAXBDMVEXU5959</lei>
        <title>UNI PRESIDENT ENTERPRISES CO COMMON STOCK TWD10.</title>
        <cusip>670039007</cusip>
        <identifiers>
          <isin value="TW0001216000"/>
        </identifiers>
        <balance>1070000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2653415.430000</valUSD>
        <pctVal>0.4515886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNILEVER INDONESIA TBK PT</name>
        <lei>549300MUHUFNRRI19O72</lei>
        <title>UNILEVER INDONESIA TBK PT COMMON STOCK IDR10.</title>
        <cusip>668718901</cusip>
        <identifiers>
          <isin value="ID1000095706"/>
        </identifiers>
        <balance>100600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>304106.050000</valUSD>
        <pctVal>0.0517562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIPRO PJSC</name>
        <lei>N/A</lei>
        <title>UNIPRO PJSC COMMON STOCK RUB.4</title>
        <cusip>B196FC903</cusip>
        <identifiers>
          <isin value="RU000A0JNGA5"/>
        </identifiers>
        <balance>5194000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>232643.670000</valUSD>
        <pctVal>0.0395940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED MICROELECTRONICS CORPORATION</name>
        <lei>391200YJCAGH9LF96P73</lei>
        <title>UNITED MICROELECTRONICS CORP COMMON STOCK TWD10.</title>
        <cusip>691662902</cusip>
        <identifiers>
          <isin value="TW0002303005"/>
        </identifiers>
        <balance>810000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>443839.140000</valUSD>
        <pctVal>0.0755376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED TRACTORS TBK PT</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>UNITED TRACTORS TBK PT COMMON STOCK IDR250.0</title>
        <cusip>623084902</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
        </identifiers>
        <balance>305600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>473160.210000</valUSD>
        <pctVal>0.0805278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSAL ROBINA CORPORATION</name>
        <lei>N/A</lei>
        <title>UNIVERSAL ROBINA CORP COMMON STOCK PHP1.</title>
        <cusip>691951909</cusip>
        <identifiers>
          <isin value="PHY9297P1004"/>
        </identifiers>
        <balance>148320.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>424650.010000</valUSD>
        <pctVal>0.0722718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALE SA</name>
        <lei>254900SMTWBX7RU2SR20</lei>
        <title>VALE SA SP ADR ADR</title>
        <cusip>91912E105</cusip>
        <identifiers>
          <isin value="US91912E1055"/>
        </identifiers>
        <balance>738344.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9746140.800000</valUSD>
        <pctVal>1.6587098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIA VAREJO SA</name>
        <lei>N/A</lei>
        <title>VIA VAREJO SA COMMON STOCK</title>
        <cusip>B7VY43906</cusip>
        <identifiers>
          <isin value="BRVVARACNOR1"/>
        </identifiers>
        <balance>54500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>152084.710000</valUSD>
        <pctVal>0.0258835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIPSHOP HOLDINGS LIMITED</name>
        <lei>549300I9F52K06HPZX60</lei>
        <title>VIPSHOP HOLDINGS LTD   ADR ADR USD.0001</title>
        <cusip>92763W103</cusip>
        <identifiers>
          <isin value="US92763W1036"/>
        </identifiers>
        <balance>59293.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>840181.810000</valUSD>
        <pctVal>0.1429918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VODACOM GROUP LTD</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>VODACOM GROUP LTD COMMON STOCK</title>
        <cusip>B65B4D905</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
        </identifiers>
        <balance>42576.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>350493.560000</valUSD>
        <pctVal>0.0596510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VTB BANK PJSC (AKA: VTB BANK JSC; VNESHTORG BANK)</name>
        <lei>253400V1H6ART1UQ0N98</lei>
        <title>VTB BANK PJSC COMMON STOCK RUB.01</title>
        <cusip>B5B1TP908</cusip>
        <identifiers>
          <isin value="RU000A0JP5V6"/>
        </identifiers>
        <balance>3857390000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>2855710.040000</valUSD>
        <pctVal>0.4860174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAL-MART DE MEXICO SA DE CV</name>
        <lei>N/A</lei>
        <title>WALMART DE MEXICO SAB DE CV COMMON STOCK</title>
        <cusip>BW1YVH903</cusip>
        <identifiers>
          <isin value="MX01WA000038"/>
        </identifiers>
        <balance>1341800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>3842838.560000</valUSD>
        <pctVal>0.6540182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WALSIN LIHWA CORP</name>
        <lei>254900SKYY99YINZ3U83</lei>
        <title>WALSIN LIHWA CORP COMMON STOCK TWD10.</title>
        <cusip>693657900</cusip>
        <identifiers>
          <isin value="TW0001605004"/>
        </identifiers>
        <balance>630000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>323715.110000</valUSD>
        <pctVal>0.0550935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANT WANT CHINA HOLDINGS LIMITED</name>
        <lei>5299005HZCEKX4O1J230</lei>
        <title>WANT WANT CHINA HOLDINGS LTD COMMON STOCK USD.02</title>
        <cusip>B2Q14Z904</cusip>
        <identifiers>
          <isin value="KYG9431R1039"/>
        </identifiers>
        <balance>1342000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1253513.900000</valUSD>
        <pctVal>0.2133373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEG SA</name>
        <lei>N/A</lei>
        <title>WEG SA COMMON STOCK</title>
        <cusip>294542907</cusip>
        <identifiers>
          <isin value="BRWEGEACNOR0"/>
        </identifiers>
        <balance>157030.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1358197.080000</valUSD>
        <pctVal>0.2311535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEICHAI POWER CO LTD</name>
        <lei>529900OKTPKBG85F9502</lei>
        <title>WEICHAI POWER CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>674395900</cusip>
        <identifiers>
          <isin value="CNE1000004L9"/>
        </identifiers>
        <balance>130000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>274394.180000</valUSD>
        <pctVal>0.0466995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WINBOND ELECTRONICS CORP</name>
        <lei>254900STBMBTLA91J410</lei>
        <title>WINBOND ELECTRONICS CORP COMMON STOCK TWD10.</title>
        <cusip>696651900</cusip>
        <identifiers>
          <isin value="TW0002344009"/>
        </identifiers>
        <balance>145000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>94760.200000</valUSD>
        <pctVal>0.0161274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WIPRO LIMITED</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>WIPRO LTD ADR ADR</title>
        <cusip>97651M109</cusip>
        <identifiers>
          <isin value="US97651M1099"/>
        </identifiers>
        <balance>555705.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2083893.750000</valUSD>
        <pctVal>0.3546609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WISTRON CORPORATION</name>
        <lei>254900DIEONKUALBFM06</lei>
        <title>WISTRON CORP COMMON STOCK TWD10.</title>
        <cusip>667248900</cusip>
        <identifiers>
          <isin value="TW0003231007"/>
        </identifiers>
        <balance>1271347.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1203619.200000</valUSD>
        <pctVal>0.2048457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF THE PHILIPPINE ISLANDS</name>
        <lei>549300UW4UH6XT2X8C50</lei>
        <title>BANK OF THE PHILIPPINE ISLAN COMMON STOCK PHP10.</title>
        <cusip>607496908</cusip>
        <identifiers>
          <isin value="PHY0967S1694"/>
        </identifiers>
        <balance>158821.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>275651.410000</valUSD>
        <pctVal>0.0469135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOOLWORTHS HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>WOOLWORTHS HOLDINGS LTD COMMON STOCK</title>
        <cusip>B06KZ9902</cusip>
        <identifiers>
          <isin value="ZAE000063863"/>
        </identifiers>
        <balance>67178.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>233440.790000</valUSD>
        <pctVal>0.0397296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOONGJIN COWAY CO LTD</name>
        <lei>N/A</lei>
        <title>WOONGJIN COWAY CO LTD COMMON STOCK KRW500.0</title>
        <cusip>617340906</cusip>
        <identifiers>
          <isin value="KR7021240007"/>
        </identifiers>
        <balance>12077.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>972258.810000</valUSD>
        <pctVal>0.1654701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WPG HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>WPG HOLDINGS LTD COMMON STOCK TWD10.</title>
        <cusip>B0P6L8909</cusip>
        <identifiers>
          <isin value="TW0003702007"/>
        </identifiers>
        <balance>441560.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>576154.520000</valUSD>
        <pctVal>0.0980566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK RAKYAT INDONESIA PERSERO TBK PT (BRI)</name>
        <lei>254900HB6S4B12GBNP64</lei>
        <title>BANK RAKYAT INDONESIA PERSER COMMON STOCK IDR50.0</title>
        <cusip>670909902</cusip>
        <identifiers>
          <isin value="ID1000118201"/>
        </identifiers>
        <balance>3633800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1150191.600000</valUSD>
        <pctVal>0.1957528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>X5 RETAIL GROUP NV</name>
        <lei>213800J17UJJJDGUVF56</lei>
        <title>X 5 RETAIL GROUP NV REGS GDR GDR</title>
        <cusip>B07T3T903</cusip>
        <identifiers>
          <isin value="US98387E2054"/>
        </identifiers>
        <balance>21338.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>736454.720000</valUSD>
        <pctVal>0.1253383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>YANGZIJIANG SHIPBUILDING COMMON STOCK</title>
        <cusip>B1VT03904</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
        </identifiers>
        <balance>419900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.345000"/>
        <valUSD>350014.800000</valUSD>
        <pctVal>0.0595695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YAPI VE KREDI BANKASI AS</name>
        <lei>B85ZYWEZ5IZCZ2WNIO12</lei>
        <title>YAPI VE KREDI BANKASI COMMON STOCK TRY1.</title>
        <cusip>B03MZJ909</cusip>
        <identifiers>
          <isin value="TRAYKBNK91N6"/>
        </identifiers>
        <balance>113207.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>47173.860000</valUSD>
        <pctVal>0.0080286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YOUNGPOONG CORPORATION</name>
        <lei>N/A</lei>
        <title>YOUNG POONG CORPORATION COMMON STOCK KRW5000.</title>
        <cusip>698842903</cusip>
        <identifiers>
          <isin value="KR7000670000"/>
        </identifiers>
        <balance>101.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>56331.880000</valUSD>
        <pctVal>0.0095872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YTL CORPORATION BERHAD</name>
        <lei>N/A</lei>
        <title>YTL CORP BHD COMMON STOCK MYR.1</title>
        <cusip>643612005</cusip>
        <identifiers>
          <isin value="MYL4677OO000"/>
        </identifiers>
        <balance>244308.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>58539.370000</valUSD>
        <pctVal>0.0099629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YTL POWER INTERNATIONAL BHD</name>
        <lei>N/A</lei>
        <title>YTL POWER INTERNATIONAL BHD COMMON STOCK MYR.5</title>
        <cusip>B01GQS904</cusip>
        <identifiers>
          <isin value="MYL6742OO000"/>
        </identifiers>
        <balance>214500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>40401.300000</valUSD>
        <pctVal>0.0068760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUANTA FINANCIAL HOLDING CO LTD</name>
        <lei>21380045JG57LJEFFE13</lei>
        <title>YUANTA FINANCIAL HOLDING CO COMMON STOCK TWD10.</title>
        <cusip>642411904</cusip>
        <identifiers>
          <isin value="TW0002885001"/>
        </identifiers>
        <balance>898000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>605383.510000</valUSD>
        <pctVal>0.1030311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUEXIU PROPERTY COMPANY LIMITED</name>
        <lei>529900GASK6R1FD08W10</lei>
        <title>YUEXIU PROPERTY CO LTD COMMON STOCK</title>
        <cusip>639242908</cusip>
        <identifiers>
          <isin value="HK0123000694"/>
        </identifiers>
        <balance>2466000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>569673.440000</valUSD>
        <pctVal>0.0969535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YULON MOTOR COMPANY</name>
        <lei>N/A</lei>
        <title>YULON MOTOR COMPANY COMMON STOCK TWD10.</title>
        <cusip>698859907</cusip>
        <identifiers>
          <isin value="TW0002201001"/>
        </identifiers>
        <balance>382000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>249348.880000</valUSD>
        <pctVal>0.0424370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUM CHINA HOLDINGS INC</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>YUM CHINA HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
        </identifiers>
        <balance>44117.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2118057.170000</valUSD>
        <pctVal>0.3604752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZAKLADY AZOTOWE W TARNOWIE-MOSCICACH SA</name>
        <lei>259400Z9C99U5B36R274</lei>
        <title>GRUPA AZOTY SA COMMON STOCK PLN5.</title>
        <cusip>B3B61Y903</cusip>
        <identifiers>
          <isin value="PLZATRM00012"/>
        </identifiers>
        <balance>6795.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>52441.450000</valUSD>
        <pctVal>0.0089251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG EXPRESSWAY CO LTD</name>
        <lei>213800X1ZRKM85U9H438</lei>
        <title>ZHEJIANG EXPRESSWAY CO H COMMON STOCK CNY1.0</title>
        <cusip>699076907</cusip>
        <identifiers>
          <isin value="CNE1000004S4"/>
        </identifiers>
        <balance>252000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>229743.070000</valUSD>
        <pctVal>0.0391003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEN DING TECHNOLOGY HOLDING LIMITED</name>
        <lei>N/A</lei>
        <title>ZHEN DING TECHNOLOGY HOLDING COMMON STOCK TWD10.</title>
        <cusip>B734XQ900</cusip>
        <identifiers>
          <isin value="KYG989221000"/>
        </identifiers>
        <balance>85000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>407836.200000</valUSD>
        <pctVal>0.0694102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGSHENG GROUP HOLDINGS LIMITED</name>
        <lei>3003005VYMEBAJNJ2Y26</lei>
        <title>ZHONGSHENG GROUP HOLDINGS COMMON STOCK HKD.0001</title>
        <cusip>B633D9904</cusip>
        <identifiers>
          <isin value="KYG9894K1085"/>
        </identifiers>
        <balance>57500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>235491.020000</valUSD>
        <pctVal>0.0400786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHUZHOU CRRC TIMES ELECTRIC CO LTD (AKA: ZHUZHOU CSR TIMES ELECTRIC CO LTD)</name>
        <lei>529900PLNH7NQLN00B53</lei>
        <title>ZHUZHOU CRRC TIMES ELECTRI H COMMON STOCK CNY1.0</title>
        <cusip>B1L3XL906</cusip>
        <identifiers>
          <isin value="CNE1000004X4"/>
        </identifiers>
        <balance>46100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>166793.710000</valUSD>
        <pctVal>0.0283869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTE CORP (AKA: SHENZHEN ZHONGXING TELECOM CO LTD)</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE CORP H COMMON STOCK CNY1.0</title>
        <cusip>B04KP8907</cusip>
        <identifiers>
          <isin value="CNE1000004Y2"/>
        </identifiers>
        <balance>52000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>159155.520000</valUSD>
        <pctVal>0.0270869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTO EXPRESS (CAYMAN) INC</name>
        <lei>549300SCJPK3YZJTJR78</lei>
        <title>ZTO EXPRESS CAYMAN INC ADR ADR USD.0001</title>
        <cusip>98980A105</cusip>
        <identifiers>
          <isin value="US98980A1051"/>
        </identifiers>
        <balance>69380.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1620023.000000</valUSD>
        <pctVal>0.2757141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARLOWORLD LIMITED</name>
        <lei>N/A</lei>
        <title>BARLOWORLD LTD COMMON STOCK ZAR.05</title>
        <cusip>607912904</cusip>
        <identifiers>
          <isin value="ZAE000026639"/>
        </identifiers>
        <balance>59506.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>478945.550000</valUSD>
        <pctVal>0.0815124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BASHNEFT PJSOC (BASHNEFT AO)</name>
        <lei>N/A</lei>
        <title>BASHNEFT PAO  PREF PREFERENCE</title>
        <cusip>B5B5C3906</cusip>
        <identifiers>
          <isin value="RU0007976965"/>
        </identifiers>
        <balance>7825.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>217164.120000</valUSD>
        <pctVal>0.0369595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BB SEGURIDADE PARTICIPACOES SA</name>
        <lei>N/A</lei>
        <title>BB SEGURIDADE PARTICIPACOES COMMON STOCK</title>
        <cusip>B9N3SQ902</cusip>
        <identifiers>
          <isin value="BRBBSEACNOR5"/>
        </identifiers>
        <balance>78300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>736120.940000</valUSD>
        <pctVal>0.1252815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BDO UNIBANK INC</name>
        <lei>3FGIIBS1PEI1FYQBGN97</lei>
        <title>BDO UNIBANK INC COMMON STOCK PHP10.0</title>
        <cusip>B5VJH7900</cusip>
        <identifiers>
          <isin value="PHY077751022"/>
        </identifiers>
        <balance>150870.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>470677.460000</valUSD>
        <pctVal>0.0801053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BERLI JUCKER PCL</name>
        <lei>N/A</lei>
        <title>BERLI JUCKER PUB CO FORGN FOREIGN SH. THB1.0 A</title>
        <cusip>609403902</cusip>
        <identifiers>
          <isin value="TH0002010Z14"/>
        </identifiers>
        <balance>88200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>123512.650000</valUSD>
        <pctVal>0.0210208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BID CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>BID CORP LTD COMMON STOCK</title>
        <cusip>BZBFKT902</cusip>
        <identifiers>
          <isin value="ZAE000216537"/>
        </identifiers>
        <balance>54957.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1295970.410000</valUSD>
        <pctVal>0.2205631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AAC TECHNOLOGIES HOLDINGS INC</name>
        <lei>549300SKEDE1VKS0A552</lei>
        <title>AAC TECHNOLOGIES HOLDINGS IN COMMON STOCK USD.01</title>
        <cusip>B85LKS908</cusip>
        <identifiers>
          <isin value="KYG2953R1149"/>
        </identifiers>
        <balance>107500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>938473.300000</valUSD>
        <pctVal>0.1597201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIM BIRLESIK MAGAZALAR ANONIM SIRKETI</name>
        <lei>N/A</lei>
        <title>BIM BIRLESIK MAGAZALAR AS COMMON STOCK TRY1.</title>
        <cusip>B0D000905</cusip>
        <identifiers>
          <isin value="TREBIMM00018"/>
        </identifiers>
        <balance>71099.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>557653.280000</valUSD>
        <pctVal>0.0949078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNK FINANCIAL GROUP INC</name>
        <lei>N/A</lei>
        <title>BNK FINANCIAL GROUP INC COMMON STOCK KRW5000.0</title>
        <cusip>ACI00J5W8</cusip>
        <identifiers>
          <isin value="KR7138930003"/>
        </identifiers>
        <balance>48600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>321235.120000</valUSD>
        <pctVal>0.0546715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOC AVIATION LIMITED (AKA: BOC AVIATION PTE LTD)</name>
        <lei>254900H06V5RMEB3KE72</lei>
        <title>BOC AVIATION LTD COMMON STOCK</title>
        <cusip>BYZJV1900</cusip>
        <identifiers>
          <isin value="SG9999015267"/>
        </identifiers>
        <balance>34100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>346805.020000</valUSD>
        <pctVal>0.0590232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADVANCED INFO SERVICE PCL</name>
        <lei>529900DU2YW1NO5RMU78</lei>
        <title>ADVANCED INFO SERVICE FOR RG FOREIGN SH. THB1.0 A</title>
        <cusip>641259908</cusip>
        <identifiers>
          <isin value="TH0268010Z11"/>
        </identifiers>
        <balance>349300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>2480324.250000</valUSD>
        <pctVal>0.4221300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BR MALLS PARTICIPACOES SA</name>
        <lei>N/A</lei>
        <title>BR MALLS PARTICIPACOES SA COMMON STOCK</title>
        <cusip>B1RYG5906</cusip>
        <identifiers>
          <isin value="BRBRMLACNOR9"/>
        </identifiers>
        <balance>26600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>119950.920000</valUSD>
        <pctVal>0.0204146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>FIXED INC CLEARING CORP.REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="85748R009"/>
        </identifiers>
        <balance>7473206.550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7473206.550000</valUSD>
        <pctVal>1.2718758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerConditional desc="See item: C_10_b_ii_name" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <clearedCentCparty centralCounterparty="Fixed Income Clearing Corp" isCleared="Y"/>
          <isTriParty>N</isTriParty>
          <repurchaseRt>1.2500000</repurchaseRt>
          <maturityDt>2020-01-02</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>7425000.000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>7626974.850000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRASKEM SA</name>
        <lei>549300RPMQUFGBB7EY44</lei>
        <title>BRASKEM SA PREF A PREFERENCE</title>
        <cusip>B0774N903</cusip>
        <identifiers>
          <isin value="BRBRKMACNPA4"/>
        </identifiers>
        <balance>57800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>431392.530000</valUSD>
        <pctVal>0.0734193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRF SA (AKA: BRF-BRASIL FOODS SA)</name>
        <lei>254900MTXR9LUVQFU480</lei>
        <title>BRF SA COMMON STOCK</title>
        <cusip>203699905</cusip>
        <identifiers>
          <isin value="BRBRFSACNOR8"/>
        </identifiers>
        <balance>268200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2354234.230000</valUSD>
        <pctVal>0.4006705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800HEHXGYRUNERD75</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 ASIAN PAINTS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1745D7343"/>
        </identifiers>
        <balance>61310.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1533673.700000</valUSD>
        <pctVal>0.2610181</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ASIAN PAINTS LIMITED</issuerName>
                <issueTitle>ASIAN PAINTS LTD</issueTitle>
                <identifiers>
                  <isin value="INE021A01026"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>178736.730000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADVANTECH CO LTD</name>
        <lei>2549002OSTKE9HB9IY03</lei>
        <title>ADVANTECH CO LTD COMMON STOCK TWD10.</title>
        <cusip>620267906</cusip>
        <identifiers>
          <isin value="TW0002395001"/>
        </identifiers>
        <balance>63000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>635274.310000</valUSD>
        <pctVal>0.1081183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>8GRDBX1TJ0PU5NCSHT72</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 BHARAT PETROL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747C8332"/>
        </identifiers>
        <balance>256610.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1767733.680000</valUSD>
        <pctVal>0.3008531</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BHARAT PETROLEUM CORPORATION LIMITED</issuerName>
                <issueTitle>BHARAT PETROLEUM CORP LTD</issueTitle>
                <identifiers>
                  <isin value="INE029A01011"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>274797.430000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800KQ1FPKOQ84OR26</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 BHARTI AIRTEL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J5185"/>
        </identifiers>
        <balance>246491.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1574530.030000</valUSD>
        <pctVal>0.2679715</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BHARTI AIRTEL LIMITED</issuerName>
                <issueTitle>BHARTI AIRTEL LTD</issueTitle>
                <identifiers>
                  <isin value="INE397D01024"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>272430.150000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED</name>
        <lei>5299005WPCSQN14NBM26</lei>
        <title>BRILLIANCE CHINA AUTOMOTIVE COMMON STOCK USD.01</title>
        <cusip>618148902</cusip>
        <identifiers>
          <isin value="BMG1368B1028"/>
        </identifiers>
        <balance>130000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>134921.320000</valUSD>
        <pctVal>0.0229625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRITISH AMERICAN TOBACCO MALAYSIA BHD</name>
        <lei>213800G2NPVMCBXTCO16</lei>
        <title>BRITISH AMERICAN TOBACCO BHD COMMON STOCK MYR.5</title>
        <cusip>675234009</cusip>
        <identifiers>
          <isin value="MYL4162OO003"/>
        </identifiers>
        <balance>29300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>108093.800000</valUSD>
        <pctVal>0.0183966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800NLJQZNHM9LBB31</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 COAL INDIA LT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J7249"/>
        </identifiers>
        <balance>239477.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>709319.140000</valUSD>
        <pctVal>0.1207200</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COAL INDIA LIMITED</issuerName>
                <issueTitle>COAL INDIA LTD</issueTitle>
                <identifiers>
                  <isin value="INE522F01014"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-181114.280000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 HCL TECHNOLOG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747C8415"/>
        </identifiers>
        <balance>241555.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1923164.290000</valUSD>
        <pctVal>0.3273061</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HCL TECHNOLOGIES LIMITED</issuerName>
                <issueTitle>HCL TECHNOLOGIES LTD</issueTitle>
                <identifiers>
                  <isin value="INE860A01027"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>136808.290000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 HERO MOTOCORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744K1926"/>
        </identifiers>
        <balance>26278.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>899705.240000</valUSD>
        <pctVal>0.1531221</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HERO MOTOCORP LIMITED</issuerName>
                <issueTitle>HERO MOTOCORP LTD</issueTitle>
                <identifiers>
                  <isin value="INE158A01026"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-224218.810000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800DWLXIP7HFFY564</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CALL EXP 12FEB16</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1743Q8850"/>
        </identifiers>
        <balance>486134.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1802010.260000</valUSD>
        <pctVal>0.3066867</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HINDUSTAN PETROLEUM CORPORATION LIMITED</issuerName>
                <issueTitle>HINDUSTAN PETROLEUM CORP</issueTitle>
                <identifiers>
                  <isin value="INE094A01015"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-202990.110000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>5493007IW5N37IKRPM32</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 HINDUSTAN UNI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J1614"/>
        </identifiers>
        <balance>39520.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1065054.440000</valUSD>
        <pctVal>0.1812632</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HINDUSTAN UNILEVER LIMITED</issuerName>
                <issueTitle>HINDUSTAN UNILEVER LTD</issueTitle>
                <identifiers>
                  <isin value="INE030A01027"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>243337.930000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800OX2H9AP7NHLT64</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 HOUSING DEVEL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J3693"/>
        </identifiers>
        <balance>128339.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4339208.970000</valUSD>
        <pctVal>0.7384962</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED</issuerName>
                <issueTitle>HOUSING DEVELOPMENT FINANCE</issueTitle>
                <identifiers>
                  <isin value="INE001A01036"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>522578.770000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BYD ELECTRONIC (INTERNATIONAL) COMPANY LIMITED</name>
        <lei>5299001O3LAFGRPZ3Y63</lei>
        <title>BYD ELECTRONIC INTL CO LTD COMMON STOCK</title>
        <cusip>B29SHS906</cusip>
        <identifiers>
          <isin value="HK0285041858"/>
        </identifiers>
        <balance>54000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>103959.340000</valUSD>
        <pctVal>0.0176930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800J8OBWE4VFUDG88</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW17 INDIAN OIL CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747B3896"/>
        </identifiers>
        <balance>262366.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>461636.130000</valUSD>
        <pctVal>0.0785665</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>INDIAN OIL CORPORATION LIMITED</issuerName>
                <issueTitle>INDIAN OIL CORP LTD</issueTitle>
                <identifiers>
                  <isin value="INE242A01010"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-127297.050000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>33580079R8SLLO23XD19</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 INTERGLOBE AV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747D3852"/>
        </identifiers>
        <balance>4494.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>83988.140000</valUSD>
        <pctVal>0.0142941</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>INTERGLOBE AVIATION LIMITED</issuerName>
                <issueTitle>INTERGLOBE AVIATION LTD</issueTitle>
                <identifiers>
                  <isin value="INE646L01027"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-14260.810000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800WLOU3OFWFTMP43</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW18 ITC LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747C3465"/>
        </identifiers>
        <balance>754984.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2515026.110000</valUSD>
        <pctVal>0.4280359</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ITC LIMITED</issuerName>
                <issueTitle>ITC LTD</issueTitle>
                <identifiers>
                  <isin value="INE154A01025"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-436809.220000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800UIKQBF6QO2NP15</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 JINDAL STEEL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1744J1952"/>
        </identifiers>
        <balance>53104.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>124806.140000</valUSD>
        <pctVal>0.0212409</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>JINDAL STEEL &amp; POWER LIMITED</issuerName>
                <issueTitle>JINDAL STEEL &amp; POWER LTD</issueTitle>
                <identifiers>
                  <isin value="INE749A01030"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>10110.890000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800E6GTTXKHXE2I75</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW16 KOTAK MAHINDR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1745M6013"/>
        </identifiers>
        <balance>86526.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2042464.660000</valUSD>
        <pctVal>0.3476100</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>KOTAK MAHINDRA BANK LIMITED</issuerName>
                <issueTitle>KOTAK MAHINDRA BANK LTD</issueTitle>
                <identifiers>
                  <isin value="INE237A01028"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>230193.920000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LOJAS AMERICANAS SA RIGHT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRLAMED02PR9"/>
        </identifiers>
        <balance>401.000000</balance>
        <units>NC</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>937.030000</valUSD>
        <pctVal>0.0001595</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>BM&amp;FBOVESPA S.A. - BOLSA DE VALORES, MERCADORIAS E FUTUROS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LOJAS AMERICANAS SA</issuerName>
                <issueTitle>LOJAS AMERICANAS SA-PREF</issueTitle>
                <identifiers>
                  <isin value="BRLAMEACNPR6"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>BRL</exercisePriceCurCd>
            <expDt>2020-01-08</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>937.030000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>335800HHXTESDEE2FC65</lei>
        <title>CITIGROUP GLOBAL MARKETS HOLD CITI    CW19 LUPIN LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USU1747D3936"/>
        </identifiers>
        <balance>4214.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>45086.930000</valUSD>
        <pctVal>0.0076734</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>IRISH STOCK EXCHANGE - MAIN SECURITIES MARKET</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LUPIN LIMITED</issuerName>
                <issueTitle>LUPIN LTD</issueTitle>
                <identifiers>
                  <isin value="INE326A01037"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-1313.000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="A negative balance, which may be due to such circumstances as a net overdraft as of the reporting period-end, is reported as $0 in Item B.2.f - Cash and cash equivalents not reported in Parts C and D.  This is done in order to conform to the technical constraints of the XML type, which do not allow negative values in B.2.f." noteItem="B.2.f"/>
      <explntrNote note="Total returns do not deduct sales loads and redemption fees." noteItem="B.5.a"/>
      <explntrNote note="The form requires the filer to report ISO country codes and certain supranational entities are not on the ISO country code list.  Instruments issued by or economic exposure to a supranational entity may be disclosed as N/A." noteItem="C.5.a"/>

      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.c.vi"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.d.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.e.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.f.ii"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-02-10</ncom:dateSigned>
      <ncom:nameOfApplicant>PIMCO Equity Series</ncom:nameOfApplicant>
      <ncom:signature>/s/ Jason Nagler</ncom:signature>
      <ncom:signerName>Jason Nagler</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
