<?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>S000048952</seriesId>
        <classId>C000154250</classId>
        <classId>C000154254</classId>
        <classId>C000154251</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 RAE Emerging Markets Fund</seriesName>
      <seriesId>S000048952</seriesId>
      <seriesLei>549300KB60WW62D2H675</seriesLei>
      <repPdEnd>2020-06-30</repPdEnd>
      <repPdDate>2019-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>3378554541.280000</totAssets>
      <totLiabs>156143841.610000</totLiabs>
      <netAssets>3222410699.670000</netAssets>
      <assetsAttrMiscSec>0.000000</assetsAttrMiscSec>
      <assetsInvested>0.000000</assetsInvested>
      <amtPayOneYrBanksBorr>104870002.330000</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>18347.060000</cshNotRptdInCorD>
      <curMetrics>
        <curMetric>
          <curCd>USD</curCd>
          <intrstRtRiskdv01 period10Yr="0.000000" period1Yr="0.000000" period30Yr="0.000000" period3Mon="-0.097685" period5Yr="0.000000"/>
          <intrstRtRiskdv100 period10Yr="0.000000" period1Yr="0.000000" period30Yr="0.000000" period3Mon="-9.768205" 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="2576121.500000" lei="N/A" name="ING Bank NV (London Branch)"/>
        <borrower aggrVal="36160913.638700" lei="MBNUM2BPBDO7JBLYG310" name="Citigroup Global Markets Inc."/>
        <borrower aggrVal="10915623.281000" lei="1V8Y6QCX6YMJ2OELII46" name="Credit Suisse Securities (USA) LLC"/>
        <borrower aggrVal="42025181.407000" lei="FOR8UP27PHTHYVLBNG30" name="Goldman Sachs &amp; Co. LLC"/>
        <borrower aggrVal="5839167.018200" lei="MP6I5ZYZBEU3UXPYFY54" name="HSBC Bank PLC and HSBC Bank USA"/>
        <borrower aggrVal="1468500.000000" lei="2J5703FH5U5M97R1I237" name="BNP Paribas Securities Corp (NY)"/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000154250" rtn1="3.86681" rtn2="0.103413" rtn3="6.876933"/>
          <monthlyTotReturn classId="C000154254" rtn1="3.791983" rtn2="0" rtn3="6.89271"/>
          <monthlyTotReturn classId="C000154251" rtn1="3.783784" rtn2="0" rtn3="6.916849"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="0.000000" netUnrealizedAppr="-98659.230000"/>
            <mon2 netRealizedGain="0.000000" netUnrealizedAppr="7441.560000"/>
            <mon3 netRealizedGain="0.000000" netUnrealizedAppr="44401.280000"/>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.000000" netUnrealizedAppr="-98659.230000"/>
              <instrMon2 netRealizedGain="0.000000" netUnrealizedAppr="7441.560000"/>
              <instrMon3 netRealizedGain="0.000000" netUnrealizedAppr="44401.280000"/>
            </warrantCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="-10196.650000" netUnrealizedAppr="0.000000"/>
            <mon2 netRealizedGain="0.000000" netUnrealizedAppr="0.000000"/>
            <mon3 netRealizedGain="0.000000" netUnrealizedAppr="0.000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="-10196.650000" netUnrealizedAppr="0.000000"/>
              <instrMon2 netRealizedGain="0.000000" netUnrealizedAppr="0.000000"/>
              <instrMon3 netRealizedGain="0.000000" netUnrealizedAppr="0.000000"/>
            </forwardCategory>
          </foreignExchgContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-6959001.990000" netUnrealizedAppr="117036995.470000"/>
        <othMon2 netRealizedGain="2948237.750000" netUnrealizedAppr="-326465.250000"/>
        <othMon3 netRealizedGain="-6450436.600000" netUnrealizedAppr="206150661.490000"/>
      </returnInfo>
      <mon1Flow redemption="-48295882.820000" reinvestment="0.000000" sales="15110353.750000"/>
      <mon2Flow redemption="-40910892.450000" reinvestment="0.000000" sales="12821784.780000"/>
      <mon3Flow redemption="-48112882.950000" reinvestment="84825213.440000" sales="20339372.440000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>CANARA BANK</name>
        <lei>335800E4RH82Z8XC3C30</lei>
        <title>CANARA BANK COMMON STOCK INR10.</title>
        <cusip>658001904</cusip>
        <identifiers>
          <isin value="INE476A01014"/>
        </identifiers>
        <balance>1466290.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>4550715.350000</valUSD>
        <pctVal>0.1412208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANARA INDUSTRIAL AND BANKING SYNDICATE LIMITED</name>
        <lei>335800WRJ3OK21NLQF21</lei>
        <title>SYNDICATE BANK COMMON STOCK INR10.</title>
        <cusip>667400907</cusip>
        <identifiers>
          <isin value="INE667A01018"/>
        </identifiers>
        <balance>3221240.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1255406.450000</valUSD>
        <pctVal>0.0389586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAP SA</name>
        <lei>54930079GPG23NTBB003</lei>
        <title>CAP SA COMMON STOCK</title>
        <cusip>217431907</cusip>
        <identifiers>
          <isin value="CLP256251073"/>
        </identifiers>
        <balance>308700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>2339417.080000</valUSD>
        <pctVal>0.0725984</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>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>35000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>265104.110000</valUSD>
        <pctVal>0.0082269</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>CATHAY FINANCIAL HOLDING CO LTD</name>
        <lei>5299009XR1QLFAMQ3X77</lei>
        <title>CATHAY FINANCIAL HOLDING CO COMMON STOCK TWD10.0</title>
        <cusip>642566905</cusip>
        <identifiers>
          <isin value="TW0002882008"/>
        </identifiers>
        <balance>5605581.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>7959204.710000</valUSD>
        <pctVal>0.2469954</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>1015900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>4812258.470000</valUSD>
        <pctVal>0.1493372</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>5269497.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>1142267.450000</valUSD>
        <pctVal>0.0354476</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>CEMEX SAB DE CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>CEMEX SAB SPONS ADR PART CER ADR</title>
        <cusip>151290889</cusip>
        <identifiers>
          <isin value="US1512908898"/>
        </identifiers>
        <balance>5663584.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21408347.520000</valUSD>
        <pctVal>0.6643581</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>CENCOSUD SA</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>CENCOSUD SA COMMON STOCK</title>
        <cusip>B00R3L901</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
        </identifiers>
        <balance>3980832.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>5245620.700000</valUSD>
        <pctVal>0.1627856</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>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>644500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>6151513.060000</valUSD>
        <pctVal>0.1908979</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>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>544289.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2179244.690000</valUSD>
        <pctVal>0.0676278</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>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>2785844.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2111055.650000</valUSD>
        <pctVal>0.0655117</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>CHANGYOUCOM LIMITED</name>
        <lei>529900VD5LTPRWYYL682</lei>
        <title>CHANGYOU.COM LTD ADR ADR</title>
        <cusip>15911M107</cusip>
        <identifiers>
          <isin value="US15911M1071"/>
        </identifiers>
        <balance>150926.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1477565.540000</valUSD>
        <pctVal>0.0458528</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1468500.000000"/>
        </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>2985600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>2737007.700000</valUSD>
        <pctVal>0.0849367</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>2133000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2975319.050000</valUSD>
        <pctVal>0.0923321</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>AG ANADOLU GRUBU HOLDING AS (AKA YAZICILAR HOLDING AS)</name>
        <lei>789000K5XY4AZWGQQU40</lei>
        <title>AG ANADOLU GRUBU HOLDING AS COMMON STOCK TRY1.0</title>
        <cusip>B03MZM902</cusip>
        <identifiers>
          <isin value="TRAYAZIC91Q6"/>
        </identifiers>
        <balance>542481.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>1603157.380000</valUSD>
        <pctVal>0.0497503</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>CHICONY ELECTRONICS CO LTD</name>
        <lei>N/A</lei>
        <title>CHICONY ELECTRONICS CO LTD COMMON STOCK TWD10.</title>
        <cusip>614057909</cusip>
        <identifiers>
          <isin value="TW0002385002"/>
        </identifiers>
        <balance>612225.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1819335.110000</valUSD>
        <pctVal>0.0564588</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>4325000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2290910.150000</valUSD>
        <pctVal>0.0710931</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>5912000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1786854.620000</valUSD>
        <pctVal>0.0554509</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 AOYUAN GROUP LIMITED</name>
        <lei>549300YSOKQO5QD6MP25</lei>
        <title>CHINA AOYUAN GROUP LTD COMMON STOCK HKD.01</title>
        <cusip>BJGS0Q903</cusip>
        <identifiers>
          <isin value="KYG2119Z1090"/>
        </identifiers>
        <balance>223000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>363876.290000</valUSD>
        <pctVal>0.0112921</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 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>3996000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>984516.600000</valUSD>
        <pctVal>0.0305522</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 CINDA ASSET MANAGEMENT CO LTD</name>
        <lei>3003008W60YAHL9CQE51</lei>
        <title>CHINA CINDA ASSET MANAGEME H COMMON STOCK CNY1.0</title>
        <cusip>BGY6SV906</cusip>
        <identifiers>
          <isin value="CNE100001QS1"/>
        </identifiers>
        <balance>29520000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>6709987.720000</valUSD>
        <pctVal>0.2082288</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 CITIC BANK CORPORATION LIMITED</name>
        <lei>300300C1030211000384</lei>
        <title>CHINA CITIC BANK CORP LTD H COMMON STOCK CNY1.0</title>
        <cusip>B1W0JF909</cusip>
        <identifiers>
          <isin value="CNE1000001Q4"/>
        </identifiers>
        <balance>24647000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>14778476.960000</valUSD>
        <pctVal>0.4586156</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 COAL ENERGY COMPANY</name>
        <lei>529900KRC89344UI3Z10</lei>
        <title>CHINA COAL ENERGY CO H COMMON STOCK CNY1.0</title>
        <cusip>B1JNK8908</cusip>
        <identifiers>
          <isin value="CNE100000528"/>
        </identifiers>
        <balance>1006000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>399232.870000</valUSD>
        <pctVal>0.0123893</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 CONSTRUCTION COMPANY LIMITED</name>
        <lei>529900LWYPVP93SJ2U42</lei>
        <title>CHINA COMMUNICATIONS CONST H COMMON STOCK CNY1.0</title>
        <cusip>B1JKTQ905</cusip>
        <identifiers>
          <isin value="CNE1000002F5"/>
        </identifiers>
        <balance>6019000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4905194.950000</valUSD>
        <pctVal>0.1522213</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>3712000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2705984.790000</valUSD>
        <pctVal>0.0839739</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 CONSTRUCTION BANK CORPORATION</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.0</title>
        <cusip>B0LMTQ900</cusip>
        <identifiers>
          <isin value="CNE1000002H1"/>
        </identifiers>
        <balance>133592000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>115829799.830000</valUSD>
        <pctVal>3.5945077</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 DEVELOPMENT FINANCIAL</name>
        <lei>N/A</lei>
        <title>CHINA DEVELOPMENT FINANCIAL COMMON STOCK TWD10.</title>
        <cusip>643175904</cusip>
        <identifiers>
          <isin value="TW0002883006"/>
        </identifiers>
        <balance>6645000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2158338.870000</valUSD>
        <pctVal>0.0669790</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 EASTERN AIRLINES CORPORATION LIMITED</name>
        <lei>3003000KIOQE39Q7Y685</lei>
        <title>CHINA EASTERN AIRLINES CO H COMMON STOCK CNY1.0</title>
        <cusip>617137906</cusip>
        <identifiers>
          <isin value="CNE1000002K5"/>
        </identifiers>
        <balance>2892000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1602330.850000</valUSD>
        <pctVal>0.0497246</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>9040000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4198661.950000</valUSD>
        <pctVal>0.1302957</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>1798000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3357983.910000</valUSD>
        <pctVal>0.1042072</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 EVERGRANDE GROUP (AKA: EVERGRANDE REAL ESTATE GROUP)</name>
        <lei>549300CUF7B1LAB15T90</lei>
        <title>CHINA EVERGRANDE GROUP COMMON STOCK USD.01</title>
        <cusip>BD3DS6907</cusip>
        <identifiers>
          <isin value="KYG2119W1069"/>
        </identifiers>
        <balance>652000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1807745.490000</valUSD>
        <pctVal>0.0560992</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="1807742.860000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA FOODS LIMITED</name>
        <lei>529900SKC2U9O25M2019</lei>
        <title>CHINA FOODS LTD COMMON STOCK HKD.1</title>
        <cusip>610573909</cusip>
        <identifiers>
          <isin value="BMG2154F1095"/>
        </identifiers>
        <balance>554000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>214084.030000</valUSD>
        <pctVal>0.0066436</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 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>3152500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1901218.890000</valUSD>
        <pctVal>0.0589999</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 HUARONG ASSET MANAGEMENT CO LTD</name>
        <lei>300300D2000111000062</lei>
        <title>CHINA HUARONG ASSET MANAGE H COMMON STOCK CNY1.0</title>
        <cusip>BYNK38906</cusip>
        <identifiers>
          <isin value="CNE100002367"/>
        </identifiers>
        <balance>38252000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>6041850.460000</valUSD>
        <pctVal>0.1874947</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 INTERNATIONAL MARINE CONTAINERS (GROUP) CO LTD</name>
        <lei>300300Q7JK7J0KAIEA51</lei>
        <title>CHINA INTERNATIONAL MARINE H COMMON STOCK CNY1.0</title>
        <cusip>ACI04FQZ2</cusip>
        <identifiers>
          <isin value="CNE100001NN9"/>
        </identifiers>
        <balance>353100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>329589.620000</valUSD>
        <pctVal>0.0102280</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 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>4696000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3655797.700000</valUSD>
        <pctVal>0.1134492</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>2538000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3256303.210000</valUSD>
        <pctVal>0.1010518</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 CO LTD/TAIWAN</name>
        <lei>254900DUWXV1O3KM4P58</lei>
        <title>CHINA LIFE INSURANCE CO LTD COMMON STOCK TWD10.</title>
        <cusip>619981905</cusip>
        <identifiers>
          <isin value="TW0002823002"/>
        </identifiers>
        <balance>8439964.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>7205624.680000</valUSD>
        <pctVal>0.2236098</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 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>2058000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>5724649.360000</valUSD>
        <pctVal>0.1776511</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 LONGYUAN POWER GROUP CORP</name>
        <lei>5299008UYLF3O6V9T464</lei>
        <title>CHINA LONGYUAN POWER GROUP H COMMON STOCK CNY1.0</title>
        <cusip>B4Q2TX906</cusip>
        <identifiers>
          <isin value="CNE100000HD4"/>
        </identifiers>
        <balance>4166000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2634541.230000</valUSD>
        <pctVal>0.0817568</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 MACHINERY ENGINEERING CORPORATION</name>
        <lei>N/A</lei>
        <title>CHINA MACHINERY ENGINEERIN H COMMON STOCK CNY1.0</title>
        <cusip>B94VG5900</cusip>
        <identifiers>
          <isin value="CNE100001NP4"/>
        </identifiers>
        <balance>349000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>140647.320000</valUSD>
        <pctVal>0.0043647</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 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>2332500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>11991681.740000</valUSD>
        <pctVal>0.3721339</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 MERCHANTS PORT HOLDINGS COMPANY LIMITED</name>
        <lei>529900GA4UH90FUOR048</lei>
        <title>CHINA MERCHANTS PORT HOLDING COMMON STOCK</title>
        <cusip>641613005</cusip>
        <identifiers>
          <isin value="HK0144000764"/>
        </identifiers>
        <balance>1072000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1813845.930000</valUSD>
        <pctVal>0.0562885</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 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>17008920.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>12854856.420000</valUSD>
        <pctVal>0.3989205</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 MOBILE LIMITED</name>
        <lei>529900U2JJ7GK68NI589</lei>
        <title>CHINA MOBILE LTD COMMON STOCK</title>
        <cusip>607355906</cusip>
        <identifiers>
          <isin value="HK0941009539"/>
        </identifiers>
        <balance>4416000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>37314561.880000</valUSD>
        <pctVal>1.1579704</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 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>13335400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>14877302.740000</valUSD>
        <pctVal>0.4616824</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>218000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>342263.610000</valUSD>
        <pctVal>0.0106214</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>866000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>359127.220000</valUSD>
        <pctVal>0.0111447</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 GRAND OCEANS GROUP LTD</name>
        <lei>N/A</lei>
        <title>CHINA OVERSEAS GRAND OCEANS COMMON STOCK</title>
        <cusip>680324001</cusip>
        <identifiers>
          <isin value="HK0000065737"/>
        </identifiers>
        <balance>1771000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1226628.920000</valUSD>
        <pctVal>0.0380656</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 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>2532000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>9861112.060000</valUSD>
        <pctVal>0.3060166</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 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>30174400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>18168932.390000</valUSD>
        <pctVal>0.5638304</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>17610000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3774596.140000</valUSD>
        <pctVal>0.1171358</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 CONSTRUCTION CORPORATION LIMITED</name>
        <lei>3003008XPPXMY0STYT17</lei>
        <title>CHINA RAILWAY CONSTRUCTION H COMMON STOCK CNY1.0</title>
        <cusip>B2PFVH904</cusip>
        <identifiers>
          <isin value="CNE100000981"/>
        </identifiers>
        <balance>4478500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4904917.590000</valUSD>
        <pctVal>0.1522127</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 RAILWAY GROUP LIMITED</name>
        <lei>529900TFRLG8UDJ7QA89</lei>
        <title>CHINA RAILWAY GROUP LTD H COMMON STOCK CNY1.0</title>
        <cusip>B297KM901</cusip>
        <identifiers>
          <isin value="CNE1000007Z2"/>
        </identifiers>
        <balance>5193000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3204552.760000</valUSD>
        <pctVal>0.0994458</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>955000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>156961.050000</valUSD>
        <pctVal>0.0048709</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>346000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1913927.490000</valUSD>
        <pctVal>0.0593943</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 CEMENT HOLDINGS LIMITED</name>
        <lei>529900E0EOYXYJ0GHY66</lei>
        <title>CHINA RESOURCES CEMENT COMMON STOCK HKD.1</title>
        <cusip>B41XC9906</cusip>
        <identifiers>
          <isin value="KYG2113L1068"/>
        </identifiers>
        <balance>782000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>995466.540000</valUSD>
        <pctVal>0.0308920</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 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>1444000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>7184384.870000</valUSD>
        <pctVal>0.2229506</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>1462000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1355348.840000</valUSD>
        <pctVal>0.0420601</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>6444000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>9047976.210000</valUSD>
        <pctVal>0.2807828</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 SCE GROUP HOLDINGS LTD (AKA: CHINA SCE PROPERTY HOLDINGS LTD )</name>
        <lei>549300Q8UEI2ERAP6P49</lei>
        <title>CHINA SCE GROUP HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>BKS118905</cusip>
        <identifiers>
          <isin value="KYG211901064"/>
        </identifiers>
        <balance>2162000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1259333.440000</valUSD>
        <pctVal>0.0390805</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 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>5437500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>11369284.050000</valUSD>
        <pctVal>0.3528192</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>2624000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1764323.210000</valUSD>
        <pctVal>0.0547517</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>366000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>332296.890000</valUSD>
        <pctVal>0.0103121</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>4154000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3314406.160000</valUSD>
        <pctVal>0.1028549</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 TAIPING INSURANCE HOLDINGS COMPANY LIMITED</name>
        <lei>529900C2G37NOIADYW07</lei>
        <title>CHINA TAIPING INSURANCE HOLD COMMON STOCK</title>
        <cusip>626404909</cusip>
        <identifiers>
          <isin value="HK0000055878"/>
        </identifiers>
        <balance>2540800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>6302570.760000</valUSD>
        <pctVal>0.1955856</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 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>34972000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>14408070.850000</valUSD>
        <pctVal>0.4471209</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>2250000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>497092.550000</valUSD>
        <pctVal>0.0154261</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 TRAVEL INTERNATIONAL INVESTMENT HO</name>
        <lei>529900T15YNCXUVTIU56</lei>
        <title>CHINA TRAVEL INTL INV HK COMMON STOCK</title>
        <cusip>619728009</cusip>
        <identifiers>
          <isin value="HK0308001558"/>
        </identifiers>
        <balance>1976000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>350087.470000</valUSD>
        <pctVal>0.0108641</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 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>12514000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>11783433.440000</valUSD>
        <pctVal>0.3656714</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 VANKE CO LTD</name>
        <lei>529900E66UJ2DWY7KW55</lei>
        <title>CHINA VANKE CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>BN320P907</cusip>
        <identifiers>
          <isin value="CNE100001SR9"/>
        </identifiers>
        <balance>480600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2050286.860000</valUSD>
        <pctVal>0.0636259</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 YONGDA AUTOMOBILES SERVICES HOLDINGS LIMITED</name>
        <lei>529900G4APWIO18G0C95</lei>
        <title>CHINA YONGDA AUTOMOBILES SER COMMON STOCK HKD.01</title>
        <cusip>B8F2T6908</cusip>
        <identifiers>
          <isin value="KYG2162W1024"/>
        </identifiers>
        <balance>390500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>355589.680000</valUSD>
        <pctVal>0.0110349</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 ZHENGTONG AUTO SERVICES HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA ZHENGTONG AUTO SERVICE COMMON STOCK HKD.1</title>
        <cusip>B3YLTZ902</cusip>
        <identifiers>
          <isin value="KYG215A81084"/>
        </identifiers>
        <balance>1048500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>374180.600000</valUSD>
        <pctVal>0.0116118</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 ZHONGWANG HOLDINGS LIMITED</name>
        <lei>529900J21TD2P9K4YC63</lei>
        <title>CHINA ZHONGWANG HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B3VZ22906</cusip>
        <identifiers>
          <isin value="KYG215AT1023"/>
        </identifiers>
        <balance>2921600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1167191.630000</valUSD>
        <pctVal>0.0362211</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>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>5720000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>4279373.440000</valUSD>
        <pctVal>0.1328004</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>CHONGQING RURAL COMMERCIAL BANK</name>
        <lei>300300C1126750000027</lei>
        <title>CHONGQING RURAL COMMERCIAL H COMMON STOCK CNY1.0</title>
        <cusip>B4NFP6903</cusip>
        <identifiers>
          <isin value="CNE100000X44"/>
        </identifiers>
        <balance>8318000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4249147.340000</valUSD>
        <pctVal>0.1318624</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>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>834000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3059452.640000</valUSD>
        <pctVal>0.0949430</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 BRASILEIRA DE DISTRIBUICAO GRUPO PAO DE ACUCAR</name>
        <lei>5299003V5B6KLICZCC14</lei>
        <title>CIA BRASILEIRA DE DIS PREF PREFERRED STOCK</title>
        <cusip>B5VGS7904</cusip>
        <identifiers>
          <isin value="BRPCARACNPR0"/>
        </identifiers>
        <balance>151400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>3307863.810000</valUSD>
        <pctVal>0.1026518</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 CERVECERIAS UNIDAS SA</name>
        <lei>529900BJW9B0O6LI2R39</lei>
        <title>CIA CERVECERIAS UNI SPON ADR ADR</title>
        <cusip>204429104</cusip>
        <identifiers>
          <isin value="US2044291043"/>
        </identifiers>
        <balance>24146.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>458049.620000</valUSD>
        <pctVal>0.0142145</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 DE SPON ADR ADR</title>
        <cusip>204409601</cusip>
        <identifiers>
          <isin value="US2044096012"/>
        </identifiers>
        <balance>1627413.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5549478.330000</valUSD>
        <pctVal>0.1722151</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>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>1246606.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>4293960.350000</valUSD>
        <pctVal>0.1332530</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>803700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>6399249.120000</valUSD>
        <pctVal>0.1985858</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>625700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>10790866.960000</valUSD>
        <pctVal>0.3348694</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 SP COMMON STOCK</title>
        <cusip>B1YCHL900</cusip>
        <identifiers>
          <isin value="BRSBSPACNOR5"/>
        </identifiers>
        <balance>373400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>5642274.960000</valUSD>
        <pctVal>0.1750948</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>CIELO SA</name>
        <lei>635400V276LMQ5UZ6C26</lei>
        <title>CIELO SA COMMON STOCK</title>
        <cusip>B614LY900</cusip>
        <identifiers>
          <isin value="BRCIELACNOR3"/>
        </identifiers>
        <balance>2438900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>5090346.310000</valUSD>
        <pctVal>0.1579670</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>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>420000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>355124.680000</valUSD>
        <pctVal>0.0110205</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>3006800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>3787119.910000</valUSD>
        <pctVal>0.1175244</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>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>3054000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4589277.070000</valUSD>
        <pctVal>0.1424175</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>CITIC LTD (AKA: CITIC PACIFIC LTD)</name>
        <lei>2549006I3Q3M98KHOT11</lei>
        <title>CITIC LTD COMMON STOCK</title>
        <cusip>619615008</cusip>
        <identifiers>
          <isin value="HK0267001375"/>
        </identifiers>
        <balance>14647000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>19549618.170000</valUSD>
        <pctVal>0.6066768</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>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>9804.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2137740.790000</valUSD>
        <pctVal>0.0663398</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="1710367.080000"/>
        </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>71971.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>6001108.230000</valUSD>
        <pctVal>0.1862304</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>8248000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>13715016.330000</valUSD>
        <pctVal>0.4256135</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>AGRICULTURAL BANK OF CHINA LIMITED</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>AGRICULTURAL BANK OF CHINA H COMMON STOCK CNY1.0</title>
        <cusip>B60LZR903</cusip>
        <identifiers>
          <isin value="CNE100000Q43"/>
        </identifiers>
        <balance>49172000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>21643593.160000</valUSD>
        <pctVal>0.6716584</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>COAL INDIA LIMITED</name>
        <lei>335800NLJQZNHM9LBB31</lei>
        <title>COAL INDIA LTD COMMON STOCK INR10.</title>
        <cusip>ACI00AD24</cusip>
        <identifiers>
          <isin value="INE522F01014"/>
        </identifiers>
        <balance>2540366.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>7531453.850000</valUSD>
        <pctVal>0.2337211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>519143.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>220236.210000</valUSD>
        <pctVal>0.0068345</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>COCA-COLA FEMSA SAB DE CV (AKA: COCA COLA FEMSA SA DE CV)</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>COCA COLA FEMSA SAB SP ADR ADR</title>
        <cusip>191241108</cusip>
        <identifiers>
          <isin value="US1912411089"/>
        </identifiers>
        <balance>33583.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2035801.460000</valUSD>
        <pctVal>0.0631763</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>COCA-COLA ICECEK ANONIM SIRKETI</name>
        <lei>789000WT80VVLUWJDK41</lei>
        <title>COCA COLA ICECEK AS COMMON STOCK TRY1.0</title>
        <cusip>B058ZV901</cusip>
        <identifiers>
          <isin value="TRECOLA00011"/>
        </identifiers>
        <balance>125714.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>816947.140000</valUSD>
        <pctVal>0.0253520</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>COGNA EDUCACAO</name>
        <lei>549300BTP1E45NJ6R194</lei>
        <title>COGNA EDUCACAO COMMON STOCK</title>
        <cusip>BHNWPB906</cusip>
        <identifiers>
          <isin value="BRCOGNACNOR2"/>
        </identifiers>
        <balance>812900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2321226.280000</valUSD>
        <pctVal>0.0720338</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>AIR CHINA LIMITED</name>
        <lei>213800I9TWC9K22N4502</lei>
        <title>AIR CHINA LTD H COMMON STOCK CNY1.0</title>
        <cusip>B04KNF903</cusip>
        <identifiers>
          <isin value="CNE1000001S0"/>
        </identifiers>
        <balance>2092000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2122381.960000</valUSD>
        <pctVal>0.0658632</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>COMPAL ELECTRONICS INC</name>
        <lei>529900ZPKWFDL21LW166</lei>
        <title>COMPAL ELECTRONICS COMMON STOCK TWD10.</title>
        <cusip>622574903</cusip>
        <identifiers>
          <isin value="TW0002324001"/>
        </identifiers>
        <balance>10397000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>6548640.120000</valUSD>
        <pctVal>0.2032218</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>110400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1872583.140000</valUSD>
        <pctVal>0.0581113</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 SANEAMENTO DO PARANA SANEPAR</name>
        <lei>N/A</lei>
        <title>CIA DE SANEAMENTO DO PA UNIT UNIT</title>
        <cusip>BF0WB7909</cusip>
        <identifiers>
          <isin value="BRSAPRCDAM13"/>
        </identifiers>
        <balance>171400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>4336901.860000</valUSD>
        <pctVal>0.1345856</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>175500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>986891.030000</valUSD>
        <pctVal>0.0306259</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>668249.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2356132.480000</valUSD>
        <pctVal>0.0731171</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 SIDERURGICA NACIONAL SA (CSN)</name>
        <lei>529900K40TEND42S0T46</lei>
        <title>CIA SIDERURGICA NACL SP ADR ADR</title>
        <cusip>20440W105</cusip>
        <identifiers>
          <isin value="US20440W1053"/>
        </identifiers>
        <balance>394244.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1360141.800000</valUSD>
        <pctVal>0.0422088</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>AIRASIA GROUP BERHAD</name>
        <lei>N/A</lei>
        <title>AIRASIA GROUP BHD COMMON STOCK MYR.1</title>
        <cusip>B03J9L900</cusip>
        <identifiers>
          <isin value="MYL5099OO006"/>
        </identifiers>
        <balance>6215100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>2584123.260000</valUSD>
        <pctVal>0.0801922</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>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>380361.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8687445.240000</valUSD>
        <pctVal>0.2695946</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>89300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1551768.010000</valUSD>
        <pctVal>0.0481555</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>1502000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>709419.800000</valUSD>
        <pctVal>0.0220152</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>2876000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2355507.960000</valUSD>
        <pctVal>0.0730977</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>COUNTRY GARDEN HOLDINGS COMPANY LIMITED</name>
        <lei>549300MGHLPT1EFHGF84</lei>
        <title>COUNTRY GARDEN HOLDINGS CO COMMON STOCK HKD.1</title>
        <cusip>B1VKYN902</cusip>
        <identifiers>
          <isin value="KYG245241032"/>
        </identifiers>
        <balance>220000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>352114.910000</valUSD>
        <pctVal>0.0109271</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>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>315200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2343726.890000</valUSD>
        <pctVal>0.0727321</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>7504.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>587034.760000</valUSD>
        <pctVal>0.0182173</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 ENGINEERING &amp; CONSTRUCTION CO LTD</name>
        <lei>988400P76EU13V47BI82</lei>
        <title>DAEWOO ENGINEERING + CONSTR COMMON STOCK KRW5000.</title>
        <cusip>634412902</cusip>
        <identifiers>
          <isin value="KR7047040001"/>
        </identifiers>
        <balance>109180.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>447209.810000</valUSD>
        <pctVal>0.0138781</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>666000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>316235.260000</valUSD>
        <pctVal>0.0098136</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>1553.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>4422576.680000</valUSD>
        <pctVal>0.1372444</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>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>7106000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1358607.230000</valUSD>
        <pctVal>0.0421612</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>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>8516545.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>11600544.990000</valUSD>
        <pctVal>0.3599959</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="9640675.090000"/>
        </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>69490.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3138968.650000</valUSD>
        <pctVal>0.0974106</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>809000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>4093842.500000</valUSD>
        <pctVal>0.1270429</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>694697.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1240789.200000</valUSD>
        <pctVal>0.0385050</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>821433.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>5049805.530000</valUSD>
        <pctVal>0.1567089</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>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>4876000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>636397.670000</valUSD>
        <pctVal>0.0197491</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>DONGFENG MOTOR GROUP COMPANY LIMITED</name>
        <lei>529900608W58250G7S08</lei>
        <title>DONGFENG MOTOR GRP CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>B0PH5N900</cusip>
        <identifiers>
          <isin value="CNE100000312"/>
        </identifiers>
        <balance>3708000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3488427.470000</valUSD>
        <pctVal>0.1082552</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>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>145034.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>742374.780000</valUSD>
        <pctVal>0.0230379</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>13188.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>391640.120000</valUSD>
        <pctVal>0.0121536</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>54945.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3339660.750000</valUSD>
        <pctVal>0.1036386</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 FUEL CELL CO LTD</name>
        <lei>N/A</lei>
        <title>DOOSAN FUEL CELL CO LTD COMMON STOCK KRW100.0</title>
        <cusip>BH4G7R907</cusip>
        <identifiers>
          <isin value="KR7336260005"/>
        </identifiers>
        <balance>183739.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1391805.650000</valUSD>
        <pctVal>0.0431914</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1105936.280000"/>
        </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>962793.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4757415.230000</valUSD>
        <pctVal>0.1476353</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="2544751.470000"/>
        </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>874860.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4187710.580000</valUSD>
        <pctVal>0.1299558</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="3350168.590000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOOSAN SOLUS CO LTD</name>
        <lei>9884002P7C55T9XN1796</lei>
        <title>DOOSAN SOLUS CO LTD COMMON STOCK KRW100.0</title>
        <cusip>BJVLVG909</cusip>
        <identifiers>
          <isin value="KR7336370002"/>
        </identifiers>
        <balance>92298.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1624163.860000</valUSD>
        <pctVal>0.0504021</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>DR REDDYS LABORATORIES LIMITED</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>DR. REDDY S LABORATORIES COMMON STOCK INR5.</title>
        <cusip>641095906</cusip>
        <identifiers>
          <isin value="INE089A01023"/>
        </identifiers>
        <balance>14084.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>567655.480000</valUSD>
        <pctVal>0.0176159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DRB-HICOM BHD</name>
        <lei>N/A</lei>
        <title>DRB HICOM BHD COMMON STOCK MYR1.0</title>
        <cusip>626981005</cusip>
        <identifiers>
          <isin value="MYL1619OO005"/>
        </identifiers>
        <balance>1701500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>990172.750000</valUSD>
        <pctVal>0.0307277</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>ALFA SAB DE CV</name>
        <lei>549300ZCGJ6T8YDJ4M34</lei>
        <title>ALFA S.A.B. A COMMON STOCK</title>
        <cusip>204342000</cusip>
        <identifiers>
          <isin value="MXP000511016"/>
        </identifiers>
        <balance>8455800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>7012399.520000</valUSD>
        <pctVal>0.2176135</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>DURATEX SA</name>
        <lei>N/A</lei>
        <title>DURATEX SA COMMON STOCK</title>
        <cusip>B27WY8904</cusip>
        <identifiers>
          <isin value="BRDTEXACNOR3"/>
        </identifiers>
        <balance>208100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>868081.390000</valUSD>
        <pctVal>0.0269389</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>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>45725.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>5030689.840000</valUSD>
        <pctVal>0.1561157</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>1293645.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1205568.480000</valUSD>
        <pctVal>0.0374120</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>ALIOR BANK SA</name>
        <lei>259400QHDOZWMJ103294</lei>
        <title>ALIOR BANK SA COMMON STOCK PLN10.0</title>
        <cusip>B8W8F1902</cusip>
        <identifiers>
          <isin value="PLALIOR00045"/>
        </identifiers>
        <balance>197195.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>1489842.090000</valUSD>
        <pctVal>0.0462338</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>ALLAHABAD BANK</name>
        <lei>335800C7ZQE73ISU5M42</lei>
        <title>ALLAHABAD BANK COMMON STOCK INR10.0</title>
        <cusip>670828904</cusip>
        <identifiers>
          <isin value="INE428A01015"/>
        </identifiers>
        <balance>1086495.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>286928.570000</valUSD>
        <pctVal>0.0089042</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>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>460300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2537649.680000</valUSD>
        <pctVal>0.0787500</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>EMBOTELLADORA ANDINA SA</name>
        <lei>254900NNPKP1J9XTSA53</lei>
        <title>EMBOTELLADORA ANDINA PREF B PREFERENCE</title>
        <cusip>231145905</cusip>
        <identifiers>
          <isin value="CLP3697S1034"/>
        </identifiers>
        <balance>169441.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>491005.970000</valUSD>
        <pctVal>0.0152372</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>108901.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2122480.490000</valUSD>
        <pctVal>0.0658662</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>EMLAK KONUT GAYRIMENKUL YATIRIM ORTAKLIGI AS</name>
        <lei>789000IA5R88NAGSC462</lei>
        <title>EMLAK KONUT GAYRIMENKUL YATI REIT TRY.01</title>
        <cusip>B58656909</cusip>
        <identifiers>
          <isin value="TREEGYO00017"/>
        </identifiers>
        <balance>22033863.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>5406792.930000</valUSD>
        <pctVal>0.1677872</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>ALLIANCE BANK MALAYSIA BERHAD</name>
        <lei>2JJF46RULNMN5RTBEC18</lei>
        <title>ALLIANCE BANK MALAYSIA BHD COMMON STOCK</title>
        <cusip>655693901</cusip>
        <identifiers>
          <isin value="MYL2488OO004"/>
        </identifiers>
        <balance>468800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>301637.300000</valUSD>
        <pctVal>0.0093606</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>ENEA SA</name>
        <lei>2594003JTXPYO8NOG018</lei>
        <title>ENEA SA COMMON STOCK PLN1.</title>
        <cusip>B3F97B907</cusip>
        <identifiers>
          <isin value="PLENEA000013"/>
        </identifiers>
        <balance>700906.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>1462260.730000</valUSD>
        <pctVal>0.0453779</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>10038090.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>2229550.140000</valUSD>
        <pctVal>0.0691889</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>ENERGA SA</name>
        <lei>259400HYI1DKOD4Y1V58</lei>
        <title>ENERGA SA COMMON STOCK PLN10.92</title>
        <cusip>BGQYBX908</cusip>
        <identifiers>
          <isin value="PLENERG00022"/>
        </identifiers>
        <balance>608614.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>1135767.180000</valUSD>
        <pctVal>0.0352459</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>ENERJISA ENERJI ANONIM SIRKETI</name>
        <lei>789000D0QULW3EE31N02</lei>
        <title>ENERJISA ENERJI AS COMMON STOCK</title>
        <cusip>BD0MXB903</cusip>
        <identifiers>
          <isin value="TREENSA00014"/>
        </identifiers>
        <balance>832067.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>1032893.340000</valUSD>
        <pctVal>0.0320534</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>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>110300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1396146.540000</valUSD>
        <pctVal>0.0433262</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>522308.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>795471.100000</valUSD>
        <pctVal>0.0246856</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>834967.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>901073.820000</valUSD>
        <pctVal>0.0279627</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>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>9525400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>2191524.170000</valUSD>
        <pctVal>0.0680088</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>EREGLI DEMIR VE CELIK FABRIK</name>
        <lei>789000VYQF5IDGG49908</lei>
        <title>EREGLI DEMIR VE CELIK FABRIK COMMON STOCK TRY1.</title>
        <cusip>B03MS9909</cusip>
        <identifiers>
          <isin value="TRAEREGL91G3"/>
        </identifiers>
        <balance>2795785.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>4245980.160000</valUSD>
        <pctVal>0.1317641</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>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>3306769.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>3419543.600000</valUSD>
        <pctVal>0.1061176</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>4428686.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2031247.850000</valUSD>
        <pctVal>0.0630350</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>EVRAZ PLC</name>
        <lei>5493005B7DAN39RXLK23</lei>
        <title>EVRAZ PLC COMMON STOCK USD.05</title>
        <cusip>B71N6K903</cusip>
        <identifiers>
          <isin value="GB00B71N6K86"/>
        </identifiers>
        <balance>158462.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.754900"/>
        <valUSD>848535.150000</valUSD>
        <pctVal>0.0263323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXXARO RESOURCES LIMITED</name>
        <lei>378900BC3D9BFF4E4A37</lei>
        <title>EXXARO RESOURCES LTD COMMON STOCK ZAR.01</title>
        <cusip>641880901</cusip>
        <identifiers>
          <isin value="ZAE000084992"/>
        </identifiers>
        <balance>33585.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>314460.720000</valUSD>
        <pctVal>0.0097586</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>FANTASIA HOLDINGS GROUP CO LIMITED</name>
        <lei>5493005JQNLB3I01JW62</lei>
        <title>FANTASIA HOLDINGS GROUP CO COMMON STOCK HKD.1</title>
        <cusip>B4TK7G904</cusip>
        <identifiers>
          <isin value="KYG3311L1041"/>
        </identifiers>
        <balance>3675000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>683290.700000</valUSD>
        <pctVal>0.0212043</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>FAR EAST HORIZON LIMITED</name>
        <lei>549300S9XRGO1ZPUHE62</lei>
        <title>FAR EAST HORIZON LTD COMMON STOCK</title>
        <cusip>B63DLB908</cusip>
        <identifiers>
          <isin value="HK0000077468"/>
        </identifiers>
        <balance>1365000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1279052.630000</valUSD>
        <pctVal>0.0396924</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>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>5802520.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>5779081.130000</valUSD>
        <pctVal>0.1793403</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 EASTERN DEPARTMENT STORE</name>
        <lei>N/A</lei>
        <title>FAR EASTERN DEPARTMENT STORE COMMON STOCK TWD10.</title>
        <cusip>633137906</cusip>
        <identifiers>
          <isin value="TW0002903002"/>
        </identifiers>
        <balance>1543000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1342246.060000</valUSD>
        <pctVal>0.0416535</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>677000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1628283.850000</valUSD>
        <pctVal>0.0505300</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>FF GROUP SA</name>
        <lei>213800ZMDLVEKZIKFX90</lei>
        <title>FF GROUP COMMON STOCK EUR.3</title>
        <cusip>ACI00ERH8</cusip>
        <identifiers>
          <isin value="GRS294003009"/>
        </identifiers>
        <balance>51384.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>0.060000</valUSD>
        <pctVal>0.0000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</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>10107300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>3758240.320000</valUSD>
        <pctVal>0.1166282</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>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>5748634.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>12418096.370000</valUSD>
        <pctVal>0.3853667</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>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>838900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>1299557.370000</valUSD>
        <pctVal>0.0403287</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>10342000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2004504.240000</valUSD>
        <pctVal>0.0622051</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="2004313.300000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALSEA SAB DE CV</name>
        <lei>4469000001BJLPKNUN21</lei>
        <title>ALSEA SAB DE CV COMMON STOCK</title>
        <cusip>256301904</cusip>
        <identifiers>
          <isin value="MXP001391012"/>
        </identifiers>
        <balance>111300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>293326.930000</valUSD>
        <pctVal>0.0091027</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>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>4815544.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3810438.430000</valUSD>
        <pctVal>0.1182481</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>1083200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>516522.460000</valUSD>
        <pctVal>0.0160291</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>1294370.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>5807813.050000</valUSD>
        <pctVal>0.1802319</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>61483.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5810758.330000</valUSD>
        <pctVal>0.1803233</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>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>209000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>610612.890000</valUSD>
        <pctVal>0.0189489</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>423000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>482543.650000</valUSD>
        <pctVal>0.0149746</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>FORTRESS REIT LTD (AKA FORTRESS INCOME FUND LTD)</name>
        <lei>N/A</lei>
        <title>FORTRESS REIT LTD FORTRESS REIT LTD A</title>
        <cusip>BD9FS4901</cusip>
        <identifiers>
          <isin value="ZAE000248498"/>
        </identifiers>
        <balance>198665.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>273189.200000</valUSD>
        <pctVal>0.0084778</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>FOSUN INTERNATIONAL LIMITED</name>
        <lei>213800Z99WQEXDF82F09</lei>
        <title>FOSUN INTERNATIONAL LTD COMMON STOCK</title>
        <cusip>B1Z7FX906</cusip>
        <identifiers>
          <isin value="HK0656038673"/>
        </identifiers>
        <balance>2327500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3395071.680000</valUSD>
        <pctVal>0.1053581</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>FOXCONN TECHNOLOGY CO LTD</name>
        <lei>3003003OO8QC88ZHCE44</lei>
        <title>FOXCONN TECHNOLOGY CO LTD COMMON STOCK TWD10.</title>
        <cusip>680177904</cusip>
        <identifiers>
          <isin value="TW0002354008"/>
        </identifiers>
        <balance>836000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1848260.160000</valUSD>
        <pctVal>0.0573564</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>ALUPAR INVESTIMENTO SA</name>
        <lei>N/A</lei>
        <title>ALUPAR INVESTIMENTO SA UNIT UNIT</title>
        <cusip>B8DWT9908</cusip>
        <identifiers>
          <isin value="BRALUPCDAM15"/>
        </identifiers>
        <balance>97300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>668126.210000</valUSD>
        <pctVal>0.0207337</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>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>5289000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>8190722.330000</valUSD>
        <pctVal>0.2541800</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>GAMUDA BHD</name>
        <lei>N/A</lei>
        <title>GAMUDA BHD COMMON STOCK MYR1.</title>
        <cusip>635988009</cusip>
        <identifiers>
          <isin value="MYL5398OO002"/>
        </identifiers>
        <balance>331100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>315768.620000</valUSD>
        <pctVal>0.0097991</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>GAZPROM NEFT PAO (AKA: GAZPROM NEFT JSCL GAZPROM NEFT OAO)</name>
        <lei>253400KXA9P2AN72P004</lei>
        <title>GAZPROM NEFT SPONSORED ADR ADR</title>
        <cusip>36829G107</cusip>
        <identifiers>
          <isin value="US36829G1076"/>
        </identifiers>
        <balance>13665.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>468709.500000</valUSD>
        <pctVal>0.0145453</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>GAZPROM NEFT PAO (AKA: GAZPROM NEFT JSCL GAZPROM NEFT OAO)</name>
        <lei>253400KXA9P2AN72P004</lei>
        <title>GAZPROM NEFT SPONSORED ADR ADR</title>
        <cusip>B11XHC900</cusip>
        <identifiers>
          <isin value="US36829G1076"/>
        </identifiers>
        <balance>55312.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1852952.000000</valUSD>
        <pctVal>0.0575020</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>GAZPROM PAO (AKA: GAZPROM OAO)</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>GAZPROM PJSC SPON ADR ADR</title>
        <cusip>514098904</cusip>
        <identifiers>
          <isin value="US3682872078"/>
        </identifiers>
        <balance>18846219.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>155547701.980000</valUSD>
        <pctVal>4.8270601</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 COMMON STOCK</title>
        <cusip>BG7ZWY901</cusip>
        <identifiers>
          <isin value="BRABEVACNOR1"/>
        </identifiers>
        <balance>913900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>4254460.200000</valUSD>
        <pctVal>0.1320272</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>GENTERA SAB DE CV</name>
        <lei>N/A</lei>
        <title>GENTERA SAB DE CV COMMON STOCK</title>
        <cusip>BHWQZW902</cusip>
        <identifiers>
          <isin value="MX01GE0E0004"/>
        </identifiers>
        <balance>4007900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>4127135.420000</valUSD>
        <pctVal>0.1280760</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>GENTING BERHAD</name>
        <lei>N/A</lei>
        <title>GENTING BHD COMMON STOCK MYR.1</title>
        <cusip>B1VXJL905</cusip>
        <identifiers>
          <isin value="MYL3182OO002"/>
        </identifiers>
        <balance>2604100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>3853427.560000</valUSD>
        <pctVal>0.1195821</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>750700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>604251.190000</valUSD>
        <pctVal>0.0187515</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>5587700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>12958525.960000</valUSD>
        <pctVal>0.4021376</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  SPON ADR ADR</title>
        <cusip>373737105</cusip>
        <identifiers>
          <isin value="US3737371050"/>
        </identifiers>
        <balance>488403.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2393174.700000</valUSD>
        <pctVal>0.0742666</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2393042.400000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBALTRANS INVESTMENT PLC</name>
        <lei>213800D6EVVEJJW3MD09</lei>
        <title>GLOBALTRA SPONS GDR REG S GDR</title>
        <cusip>37949E204</cusip>
        <identifiers>
          <isin value="US37949E2046"/>
        </identifiers>
        <balance>133710.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1183333.500000</valUSD>
        <pctVal>0.0367220</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>48060.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>1916896.040000</valUSD>
        <pctVal>0.0594864</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>1911776.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12617721.600000</valUSD>
        <pctVal>0.3915616</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>31633000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2924835.660000</valUSD>
        <pctVal>0.0907655</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="2924378.800000"/>
        </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>3528500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2610753.100000</valUSD>
        <pctVal>0.0810186</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="2407280.180000"/>
        </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>3694000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4536373.550000</valUSD>
        <pctVal>0.1407758</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>GRENDENE S A</name>
        <lei>N/A</lei>
        <title>GRENDENE SA COMMON STOCK</title>
        <cusip>B03L0B906</cusip>
        <identifiers>
          <isin value="BRGRNDACNOR3"/>
        </identifiers>
        <balance>151000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>462270.990000</valUSD>
        <pctVal>0.0143455</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>GROWTHPOINT PROPERTIES LIMITED</name>
        <lei>37890019DD1E46632291</lei>
        <title>GROWTHPOINT PROPERTIES LTD REIT</title>
        <cusip>ACI065395</cusip>
        <identifiers>
          <isin value="ZAE000179420"/>
        </identifiers>
        <balance>587427.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>927317.650000</valUSD>
        <pctVal>0.0287771</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>GRUPO BIMBO SAB DE CV</name>
        <lei>5493000RIXURZEBFEV60</lei>
        <title>GRUPO BIMBO SAB  SERIES A COMMON STOCK</title>
        <cusip>239247901</cusip>
        <identifiers>
          <isin value="MXP495211262"/>
        </identifiers>
        <balance>1913600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>3484609.180000</valUSD>
        <pctVal>0.1081367</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>4395.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>322718.410000</valUSD>
        <pctVal>0.0100148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO FINANCIERO BANORTE SAB DE CV</name>
        <lei>N/A</lei>
        <title>GRUPO FINANCIERO BANORTE O COMMON STOCK MXN3.5</title>
        <cusip>242104909</cusip>
        <identifiers>
          <isin value="MXP370711014"/>
        </identifiers>
        <balance>1131700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>6323633.740000</valUSD>
        <pctVal>0.1962392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO FINANCIERO INBURSA SA</name>
        <lei>N/A</lei>
        <title>GRUPO FINANCIERO INBURSA O COMMON STOCK MXN.4137108</title>
        <cusip>282239904</cusip>
        <identifiers>
          <isin value="MXP370641013"/>
        </identifiers>
        <balance>1513800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>1856671.800000</valUSD>
        <pctVal>0.0576175</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>337400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>291583.550000</valUSD>
        <pctVal>0.0090486</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>1364479.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21831664.000000</valUSD>
        <pctVal>0.6774948</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>1976100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>5420100.280000</valUSD>
        <pctVal>0.1682002</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 TELEVISA SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>GRUPO TELEVISA SA SPON ADR ADR</title>
        <cusip>40049J206</cusip>
        <identifiers>
          <isin value="US40049J2069"/>
        </identifiers>
        <balance>227265.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2665818.450000</valUSD>
        <pctVal>0.0827275</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>157231.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>7014696.720000</valUSD>
        <pctVal>0.2176848</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>27470.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>932449.480000</valUSD>
        <pctVal>0.0289364</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>144000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>301184.580000</valUSD>
        <pctVal>0.0093466</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>GUANGSHEN RAILWAY COMPANY LIMITED</name>
        <lei>529900YIR2NSEPF1UU41</lei>
        <title>GUANGSHEN RAILWAY CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>638870907</cusip>
        <identifiers>
          <isin value="CNE100000379"/>
        </identifiers>
        <balance>1442000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>462749.080000</valUSD>
        <pctVal>0.0143603</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>3303000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>6099282.850000</valUSD>
        <pctVal>0.1892770</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="6093743.700000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUARARAPES CONFECCOES S/A</name>
        <lei>N/A</lei>
        <title>GUARARAPES CONFECCOES SA COMMON STOCK</title>
        <cusip>221174907</cusip>
        <identifiers>
          <isin value="BRGUARACNOR4"/>
        </identifiers>
        <balance>322300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1945156.890000</valUSD>
        <pctVal>0.0603634</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>GUORUI PROPERTIES LIMITED</name>
        <lei>213800RH1GJT3SVZ7176</lei>
        <title>GUORUI PROPERTIES LTD COMMON STOCK HKD.001</title>
        <cusip>BNLP8N903</cusip>
        <identifiers>
          <isin value="KYG394071040"/>
        </identifiers>
        <balance>1618000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>338301.800000</valUSD>
        <pctVal>0.0104984</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="308192.550000"/>
        </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>10328790.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>16565851.280000</valUSD>
        <pctVal>0.5140826</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>HANA FINANCIAL GROUP INC</name>
        <lei>N/A</lei>
        <title>HANA FINANCIAL GROUP COMMON STOCK KRW5000.</title>
        <cusip>B0RNRF908</cusip>
        <identifiers>
          <isin value="KR7086790003"/>
        </identifiers>
        <balance>506058.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>16096690.150000</valUSD>
        <pctVal>0.4995232</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>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>142645.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4130882.370000</valUSD>
        <pctVal>0.1281923</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 CHEMICAL CORPORATION</name>
        <lei>549300M2V0ZS71BRNR68</lei>
        <title>HANWHA CHEMICAL CORP COMMON STOCK KRW5000.</title>
        <cusip>640776902</cusip>
        <identifiers>
          <isin value="KR7009830001"/>
        </identifiers>
        <balance>198160.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3221438.330000</valUSD>
        <pctVal>0.0999698</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>297405.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>6414093.220000</valUSD>
        <pctVal>0.1990464</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>1528669.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3046948.720000</valUSD>
        <pctVal>0.0945549</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>HARBIN ELECTRIC CO LTD (AKA: HARBIN POWER EQUIPMENT CO LTD)</name>
        <lei>529900QH6Y4U07RU0U61</lei>
        <title>HARBIN ELECTRIC CO LTD H COMMON STOCK CNY1.</title>
        <cusip>642276901</cusip>
        <identifiers>
          <isin value="CNE1000003C0"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>288807.800000</valUSD>
        <pctVal>0.0089625</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>HARIM HOLDINGS CO LTD (AKA: JEIL HOLDINGS CO LTD)</name>
        <lei>988400HGJVPRYCRSZI12</lei>
        <title>HARIM HOLDINGS CO LTD COMMON STOCK KRW100.0</title>
        <cusip>BZ404M906</cusip>
        <identifiers>
          <isin value="KR7003380003"/>
        </identifiers>
        <balance>120036.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>887921.030000</valUSD>
        <pctVal>0.0275546</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>HCL TECHNOLOGIES LIMITED</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>HCL TECHNOLOGIES LTD COMMON STOCK INR2.0</title>
        <cusip>629489907</cusip>
        <identifiers>
          <isin value="INE860A01027"/>
        </identifiers>
        <balance>53078.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>422448.770000</valUSD>
        <pctVal>0.0131097</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 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>260607.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>4171441.970000</valUSD>
        <pctVal>0.1294510</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>174000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1239414.350000</valUSD>
        <pctVal>0.0384623</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>HIGHWEALTH CONSTRUCTION CORP</name>
        <lei>N/A</lei>
        <title>HIGHWEALTH CONSTRUCTION CORP COMMON STOCK TWD10.0</title>
        <cusip>615407905</cusip>
        <identifiers>
          <isin value="TW0002542008"/>
        </identifiers>
        <balance>1141000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1763369.430000</valUSD>
        <pctVal>0.0547221</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>HINDALCO INDUSTRIES LIMITED</name>
        <lei>335800KXLE5NO5B4GF90</lei>
        <title>HINDALCO INDUSTRIES LTD COMMON STOCK INR1.</title>
        <cusip>B0GWF4908</cusip>
        <identifiers>
          <isin value="INE038A01020"/>
        </identifiers>
        <balance>2973971.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>9015986.500000</valUSD>
        <pctVal>0.2797901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HINDUSTAN PETROLEUM CORPORATION LIMITED</name>
        <lei>335800DWLXIP7HFFY564</lei>
        <title>HINDUSTAN PETROLEUM CORP COMMON STOCK INR10.</title>
        <cusip>610047904</cusip>
        <identifiers>
          <isin value="INE094A01015"/>
        </identifiers>
        <balance>1068963.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3953921.200000</valUSD>
        <pctVal>0.1227007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HITE JINRO</name>
        <lei>N/A</lei>
        <title>HITE JINRO CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>B05R49902</cusip>
        <identifiers>
          <isin value="KR7000080002"/>
        </identifiers>
        <balance>172620.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4319769.640000</valUSD>
        <pctVal>0.1340540</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>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>9963316.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>30223860.510000</valUSD>
        <pctVal>0.9379270</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 FINANCIAL GROUP</name>
        <lei>549300EGI40XD5GGWS62</lei>
        <title>HONG LEONG FINANCIAL GROUP COMMON STOCK MYR1.</title>
        <cusip>643645005</cusip>
        <identifiers>
          <isin value="MYL1082OO006"/>
        </identifiers>
        <balance>357800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>1478259.380000</valUSD>
        <pctVal>0.0458743</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>40000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>911488.410000</valUSD>
        <pctVal>0.0282859</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>355000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>455467.340000</valUSD>
        <pctVal>0.0141344</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>4017138.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2950578.950000</valUSD>
        <pctVal>0.0915643</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>4244000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>866453.970000</valUSD>
        <pctVal>0.0268884</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>7816000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2969827.230000</valUSD>
        <pctVal>0.0921617</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>9740000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4925100.380000</valUSD>
        <pctVal>0.1528390</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>119200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1060441.120000</valUSD>
        <pctVal>0.0329083</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>61735.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4426969.860000</valUSD>
        <pctVal>0.1373807</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>43043.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1570184.070000</valUSD>
        <pctVal>0.0487270</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>2394.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>295385.690000</valUSD>
        <pctVal>0.0091666</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>147870.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3441656.080000</valUSD>
        <pctVal>0.1068038</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>33358.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>7380140.360000</valUSD>
        <pctVal>0.2290254</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>305495.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>31819389.580000</valUSD>
        <pctVal>0.9874405</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>254916.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>6911316.430000</valUSD>
        <pctVal>0.2144766</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>77914.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3376004.070000</valUSD>
        <pctVal>0.1047664</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 COMMON STOCK INR2.0</title>
        <cusip>BSZ2BY900</cusip>
        <identifiers>
          <isin value="INE090A01021"/>
        </identifiers>
        <balance>1408250.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>10679831.030000</valUSD>
        <pctVal>0.3314236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IDFC LIMITED</name>
        <lei>N/A</lei>
        <title>IDFC LTD COMMON STOCK INR10.0</title>
        <cusip>B0C5QR908</cusip>
        <identifiers>
          <isin value="INE043D01016"/>
        </identifiers>
        <balance>2467158.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1356660.990000</valUSD>
        <pctVal>0.0421008</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>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>4406500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>2339434.060000</valUSD>
        <pctVal>0.0725989</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>484100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>4946214.810000</valUSD>
        <pctVal>0.1534942</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>INDIABULLS HOUSING FINANCE LIMITED</name>
        <lei>335800A2A3G53ZQZTQ21</lei>
        <title>INDIABULLS HOUSING FINANCE L COMMON STOCK INR2.0</title>
        <cusip>922ASN904</cusip>
        <identifiers>
          <isin value="INE148I01020"/>
        </identifiers>
        <balance>619956.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>2721181.980000</valUSD>
        <pctVal>0.0844455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDIAN BANK</name>
        <lei>5493008JR8FCVQ6FJL94</lei>
        <title>INDIAN BANK COMMON STOCK INR10.</title>
        <cusip>B1SFSX902</cusip>
        <identifiers>
          <isin value="INE562A01011"/>
        </identifiers>
        <balance>470750.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>666338.210000</valUSD>
        <pctVal>0.0206783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDIAN OIL CORPORATION LIMITED</name>
        <lei>335800J8OBWE4VFUDG88</lei>
        <title>INDIAN OIL CORP LTD COMMON STOCK INR10.0</title>
        <cusip>625376900</cusip>
        <identifiers>
          <isin value="INE242A01010"/>
        </identifiers>
        <balance>3251017.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>5712859.550000</valUSD>
        <pctVal>0.1772853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDOCEMENT TUNGGAL PRAKARSA</name>
        <lei>529900U7IH8JW3FMGM30</lei>
        <title>INDOCEMENT TUNGGAL PRAKARSA COMMON STOCK IDR500.</title>
        <cusip>645486903</cusip>
        <identifiers>
          <isin value="ID1000061302"/>
        </identifiers>
        <balance>1429400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1955030.270000</valUSD>
        <pctVal>0.0606698</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>7812900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>4454793.790000</valUSD>
        <pctVal>0.1382441</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 &amp; COMMERCIAL BANK OF CHINA LTD (ICBC)</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>IND + COMM BK OF CHINA H COMMON STOCK CNY1.0</title>
        <cusip>B1G1QD902</cusip>
        <identifiers>
          <isin value="CNE1000003G1"/>
        </identifiers>
        <balance>87349000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>67392248.210000</valUSD>
        <pctVal>2.0913612</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>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>802779.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>8182978.710000</valUSD>
        <pctVal>0.2539397</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>74100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>319130.660000</valUSD>
        <pctVal>0.0099035</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>126020.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>1321085.510000</valUSD>
        <pctVal>0.0409968</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>250628.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2586480.960000</valUSD>
        <pctVal>0.0802654</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>INNOLUX CORPORATION</name>
        <lei>3003007EXL0825P1MJ10</lei>
        <title>INNOLUX CORP COMMON STOCK TWD10.0</title>
        <cusip>B0CC0M902</cusip>
        <identifiers>
          <isin value="TW0003481008"/>
        </identifiers>
        <balance>55595000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>15480869.790000</valUSD>
        <pctVal>0.4804127</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>INTERNATIONAL CONTAINER TERMINAL SERVICES INC</name>
        <lei>254900FU1MWK0I0Q4J61</lei>
        <title>INTL CONTAINER TERM SVCS INC COMMON STOCK PHP1.</title>
        <cusip>645581000</cusip>
        <identifiers>
          <isin value="PHY411571011"/>
        </identifiers>
        <balance>157680.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>399615.210000</valUSD>
        <pctVal>0.0124011</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>INVENTEC CO LTD</name>
        <lei>391200XSJU5WEVAXB086</lei>
        <title>INVENTEC CORP COMMON STOCK TWD10.</title>
        <cusip>645993908</cusip>
        <identifiers>
          <isin value="TW0002356003"/>
        </identifiers>
        <balance>5556000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>4240208.090000</valUSD>
        <pctVal>0.1315850</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>INVERSIONES AGUAS METROPOL</name>
        <lei>N/A</lei>
        <title>INVERSIONES AGUAS METROPOL COMMON STOCK</title>
        <cusip>B0LD0L902</cusip>
        <identifiers>
          <isin value="CL0000001256"/>
        </identifiers>
        <balance>435968.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>475226.600000</valUSD>
        <pctVal>0.0147475</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>INVESTEC LIMITED</name>
        <lei>213800CU7SM6O4UWOZ70</lei>
        <title>INVESTEC LTD COMMON STOCK ZAR.0002</title>
        <cusip>B17BBR905</cusip>
        <identifiers>
          <isin value="ZAE000081949"/>
        </identifiers>
        <balance>597315.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3541599.880000</valUSD>
        <pctVal>0.1099053</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>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>140630926.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>814384.440000</valUSD>
        <pctVal>0.0252725</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 H SPON PRF ADR ADR</title>
        <cusip>465562106</cusip>
        <identifiers>
          <isin value="US4655621062"/>
        </identifiers>
        <balance>3162263.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28934706.450000</valUSD>
        <pctVal>0.8979211</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>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>3087900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>2953453.110000</valUSD>
        <pctVal>0.0916535</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>JAIPRAKASH ASSOCIATES LIMITED</name>
        <lei>33580019AW57C4TO5L28</lei>
        <title>JAIPRAKASH ASSOCIATES LTD COMMON STOCK INR2.</title>
        <cusip>B01GVY905</cusip>
        <identifiers>
          <isin value="INE455F01025"/>
        </identifiers>
        <balance>31093782.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>849459.880000</valUSD>
        <pctVal>0.0263610</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>JASTRZEBSKA SPOLKA WEGLOWA SA</name>
        <lei>259400D4E0H5BGXNIK97</lei>
        <title>JASTRZEBSKA SPOLKA WEGLOWA S COMMON STOCK PLN5.</title>
        <cusip>ACI00PVS4</cusip>
        <identifiers>
          <isin value="PLJSW0000015"/>
        </identifiers>
        <balance>156982.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>885776.530000</valUSD>
        <pctVal>0.0274880</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="128649.820000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JB FINANCIAL GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>JB FINANCIAL GROUP CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>BB96Z3909</cusip>
        <identifiers>
          <isin value="KR7175330000"/>
        </identifiers>
        <balance>224300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1064159.470000</valUSD>
        <pctVal>0.0330237</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>2139000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>13772583.230000</valUSD>
        <pctVal>0.4274000</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>AMOREG</name>
        <lei>N/A</lei>
        <title>AMOREPACIFIC GROUP COMMON STOCK KRW500.0</title>
        <cusip>666593900</cusip>
        <identifiers>
          <isin value="KR7002790004"/>
        </identifiers>
        <balance>31073.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2219853.320000</valUSD>
        <pctVal>0.0688880</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>196640.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>313395.370000</valUSD>
        <pctVal>0.0097255</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>JINDAL STEEL &amp; POWER LIMITED</name>
        <lei>335800UIKQBF6QO2NP15</lei>
        <title>JINDAL STEEL + POWER LTD COMMON STOCK INR1.</title>
        <cusip>672681905</cusip>
        <identifiers>
          <isin value="INE749A01030"/>
        </identifiers>
        <balance>2670389.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>6284382.880000</valUSD>
        <pctVal>0.1950212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSW ENERGY LIMITED</name>
        <lei>3358001ZFBW2VIMBMI85</lei>
        <title>JSW ENERGY LTD COMMON STOCK INR10.</title>
        <cusip>B4X3ST906</cusip>
        <identifiers>
          <isin value="INE121E01018"/>
        </identifiers>
        <balance>785430.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>763349.230000</valUSD>
        <pctVal>0.0236888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSW STEEL LIMITED</name>
        <lei>335800EK6HZSC4CVAJ09</lei>
        <title>JSW STEEL LTD COMMON STOCK INR1.0</title>
        <cusip>BZBYJJ905</cusip>
        <identifiers>
          <isin value="INE019A01038"/>
        </identifiers>
        <balance>346210.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1311644.410000</valUSD>
        <pctVal>0.0407038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANADOLU EFES BIRACILIK VE MALT SANAYIL</name>
        <lei>7890006LGARYVIPOJX03</lei>
        <title>ANADOLU EFES BIRACILIK VE COMMON STOCK TRY1.</title>
        <cusip>B03MNV905</cusip>
        <identifiers>
          <isin value="TRAAEFES91A9"/>
        </identifiers>
        <balance>456287.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>1770230.960000</valUSD>
        <pctVal>0.0549350</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>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>1843000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>879799.000000</valUSD>
        <pctVal>0.0273025</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>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>1399700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>7046302.350000</valUSD>
        <pctVal>0.2186656</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>291008.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>11988934.890000</valUSD>
        <pctVal>0.3720486</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>9564.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1931077.000000</valUSD>
        <pctVal>0.0599265</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>ANDHRA BANK</name>
        <lei>335800CVI38M3A6UMW47</lei>
        <title>ANDHRA BANK COMMON STOCK INR10.</title>
        <cusip>658036900</cusip>
        <identifiers>
          <isin value="INE434A01013"/>
        </identifiers>
        <balance>750620.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>175618.930000</valUSD>
        <pctVal>0.0054499</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>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>128782.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>3248524.980000</valUSD>
        <pctVal>0.1008104</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>576647.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>22022443.670000</valUSD>
        <pctVal>0.6834152</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>KIATNAKIN BANK PCL</name>
        <lei>254900UPQE3MNOEDXK30</lei>
        <title>KIATNAKIN BANK PCL FOR FOREIGN SH. A</title>
        <cusip>649109006</cusip>
        <identifiers>
          <isin value="TH0121010019"/>
        </identifiers>
        <balance>612700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1348858.240000</valUSD>
        <pctVal>0.0418587</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>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>694000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>1376437.920000</valUSD>
        <pctVal>0.0427145</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>167942.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3751824.280000</valUSD>
        <pctVal>0.1164291</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>KOC HOLDING AS</name>
        <lei>7890005U0H950VH19H45</lei>
        <title>KOC HOLDING AS COMMON STOCK TRY1.</title>
        <cusip>B03MVJ903</cusip>
        <identifiers>
          <isin value="TRAKCHOL91Q8"/>
        </identifiers>
        <balance>1625520.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>5555198.070000</valUSD>
        <pctVal>0.1723926</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>79036.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3390949.730000</valUSD>
        <pctVal>0.1052302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREA ELECTRIC POWER CORPORATION (KEPCO)</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>KOREA ELECTRIC POWER CORP COMMON STOCK KRW5000.</title>
        <cusip>649573904</cusip>
        <identifiers>
          <isin value="KR7015760002"/>
        </identifiers>
        <balance>1243860.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>29843427.400000</valUSD>
        <pctVal>0.9261212</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>54014.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1764989.420000</valUSD>
        <pctVal>0.0547723</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>345611.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>8497303.910000</valUSD>
        <pctVal>0.2636940</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>107500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>783258.670000</valUSD>
        <pctVal>0.0243066</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>ABOITIZ POWER CORPORATION</name>
        <lei>254900UHTKF4VBSFTL94</lei>
        <title>ABOITIZ POWER CORP COMMON STOCK PHP1.</title>
        <cusip>B1Z9Q9903</cusip>
        <identifiers>
          <isin value="PHY0005M1090"/>
        </identifiers>
        <balance>392800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>265253.430000</valUSD>
        <pctVal>0.0082315</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>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>12857675.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>7035692.720000</valUSD>
        <pctVal>0.2183363</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>1738809.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20170184.400000</valUSD>
        <pctVal>0.6259346</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>44322.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3585983.040000</valUSD>
        <pctVal>0.1112826</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>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>91067.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>2709451.450000</valUSD>
        <pctVal>0.0840815</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>KUMHO TIRE CO INC</name>
        <lei>N/A</lei>
        <title>KUMHO TIRE CO INC COMMON STOCK KRW5000.</title>
        <cusip>B064SH908</cusip>
        <identifiers>
          <isin value="KR7073240004"/>
        </identifiers>
        <balance>325330.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1178327.400000</valUSD>
        <pctVal>0.0365666</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>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>2464000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2176794.420000</valUSD>
        <pctVal>0.0675517</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>1732500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2427377.170000</valUSD>
        <pctVal>0.0753280</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>LARSEN &amp; TOUBRO LIMITED</name>
        <lei>3358003FR3JIC5FRXA90</lei>
        <title>LARSEN + TOUBRO LTD COMMON STOCK INR2.</title>
        <cusip>B0166K905</cusip>
        <identifiers>
          <isin value="INE018A01030"/>
        </identifiers>
        <balance>29320.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>533345.290000</valUSD>
        <pctVal>0.0165511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>166390.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>1670976.730000</valUSD>
        <pctVal>0.0518549</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>LEGEND HOLDINGS CORPORATION</name>
        <lei>5299003ONUYCE70HZ185</lei>
        <title>LEGEND HOLDINGS CP  H CNY1 RIG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="3396"/>
        </identifiers>
        <balance>45553.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>0.010000</valUSD>
        <pctVal>0.0000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LENOVO GROUP LIMITED</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>LENOVO GROUP LTD COMMON STOCK</title>
        <cusip>621808906</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
        </identifiers>
        <balance>18230000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>12242414.840000</valUSD>
        <pctVal>0.3799148</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 CHEM LTD</name>
        <lei>988400IES4EIG7O06940</lei>
        <title>LG CHEM LTD COMMON STOCK KRW5000.</title>
        <cusip>634691901</cusip>
        <identifiers>
          <isin value="KR7051910008"/>
        </identifiers>
        <balance>1516.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>415466.310000</valUSD>
        <pctVal>0.0128930</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>1353895.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>18941152.900000</valUSD>
        <pctVal>0.5877945</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="7820477.080000"/>
        </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>246132.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>15289021.530000</valUSD>
        <pctVal>0.4744591</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>4741.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>571435.110000</valUSD>
        <pctVal>0.0177332</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="457172.200000"/>
        </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>962774.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>11808667.500000</valUSD>
        <pctVal>0.3664545</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>386489.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3053334.850000</valUSD>
        <pctVal>0.0947531</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>LIC HOUSING FINANCE LIMITED</name>
        <lei>335800NFSMJ2ZKBCYP06</lei>
        <title>LIC HOUSING FINANCE LTD COMMON STOCK INR2.</title>
        <cusip>610102907</cusip>
        <identifiers>
          <isin value="INE115A01026"/>
        </identifiers>
        <balance>90043.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>547891.100000</valUSD>
        <pctVal>0.0170025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIFE HEALTHCARE GROUP HOLDINGS LIMITED</name>
        <lei>529900NEEWARTDD80135</lei>
        <title>LIFE HEALTHCARE GROUP HOLDIN COMMON STOCK</title>
        <cusip>B4K90R901</cusip>
        <identifiers>
          <isin value="ZAE000145892"/>
        </identifiers>
        <balance>1019820.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1794842.420000</valUSD>
        <pctVal>0.0556987</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>595000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>3527889.700000</valUSD>
        <pctVal>0.1094798</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>ANTOFAGASTA PLC</name>
        <lei>213800MY6QVH4FVLD628</lei>
        <title>ANTOFAGASTA PLC COMMON STOCK GBP.05</title>
        <cusip>004561908</cusip>
        <identifiers>
          <isin value="GB0000456144"/>
        </identifiers>
        <balance>42248.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.754900"/>
        <valUSD>511527.370000</valUSD>
        <pctVal>0.0158741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>4467035.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>7354756.240000</valUSD>
        <pctVal>0.2282377</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>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>416000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1948118.720000</valUSD>
        <pctVal>0.0604553</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 CHEMICAL CORPORATION</name>
        <lei>988400TPNFJZDPI94Y56</lei>
        <title>LOTTE CHEMICAL CORP COMMON STOCK KRW5000.0</title>
        <cusip>644002909</cusip>
        <identifiers>
          <isin value="KR7011170008"/>
        </identifiers>
        <balance>8499.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1642036.230000</valUSD>
        <pctVal>0.0509568</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 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>46251.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1233520.530000</valUSD>
        <pctVal>0.0382794</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>74468.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>8712081.510000</valUSD>
        <pctVal>0.2703591</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>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>1311278.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>13977852.730000</valUSD>
        <pctVal>0.4337701</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>LS CORP</name>
        <lei>988400SQWZ34LADYL505</lei>
        <title>LS CORP COMMON STOCK KRW5000.0</title>
        <cusip>637578006</cusip>
        <identifiers>
          <isin value="KR7006260004"/>
        </identifiers>
        <balance>77827.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3210455.500000</valUSD>
        <pctVal>0.0996290</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 COMMON STOCK RUB.25</title>
        <cusip>B59F84900</cusip>
        <identifiers>
          <isin value="RU000A0JPFP0"/>
        </identifiers>
        <balance>95020.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1169641.790000</valUSD>
        <pctVal>0.0362971</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>MAGNIT PJSC (AKA: MAGNIT OJSC)</name>
        <lei>2534009KKPTVL99W2Y12</lei>
        <title>MAGNIT PJSC COMMON STOCK RUB.01</title>
        <cusip>B59GLW901</cusip>
        <identifiers>
          <isin value="RU000A0JKQU8"/>
        </identifiers>
        <balance>263693.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>14572826.120000</valUSD>
        <pctVal>0.4522337</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>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>2202700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1489683.600000</valUSD>
        <pctVal>0.0462289</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>MAHINDRA &amp; MAHINDRA LIMITED</name>
        <lei>3358003B573EV4KB4Z02</lei>
        <title>MAHINDRA + MAHINDRA LTD COMMON STOCK INR5.</title>
        <cusip>610018905</cusip>
        <identifiers>
          <isin value="INE101A01026"/>
        </identifiers>
        <balance>101740.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>758118.580000</valUSD>
        <pctVal>0.0235264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MALAYAN BANKING BHD</name>
        <lei>5493004OT3TOY404V310</lei>
        <title>MALAYAN BANKING BHD COMMON STOCK MYR1.</title>
        <cusip>655632008</cusip>
        <identifiers>
          <isin value="MYL1155OO000"/>
        </identifiers>
        <balance>2800600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>5918155.620000</valUSD>
        <pctVal>0.1836562</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>53043.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1609087.200000</valUSD>
        <pctVal>0.0499343</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>MANGALORE REFINERY AND PETROCHEMICALS LIMITED</name>
        <lei>335800IFZW2UY8KC5H11</lei>
        <title>MANGALORE REFINERY + PETRO COMMON STOCK INR10.</title>
        <cusip>612153908</cusip>
        <identifiers>
          <isin value="INE103A01014"/>
        </identifiers>
        <balance>227950.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>143510.640000</valUSD>
        <pctVal>0.0044535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>125890.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>787977.690000</valUSD>
        <pctVal>0.0244530</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>MARFRIG GLOBAL FOODS SA</name>
        <lei>391200219USWMOBN3F92</lei>
        <title>MARFRIG GLOBAL FOODS SA COMMON STOCK</title>
        <cusip>B1YWHR903</cusip>
        <identifiers>
          <isin value="BRMRFGACNOR0"/>
        </identifiers>
        <balance>1649200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>4092003.960000</valUSD>
        <pctVal>0.1269858</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>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>499830.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1831449.060000</valUSD>
        <pctVal>0.0568347</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>MECHEL PJSC (AKA: MECHEL PAO)</name>
        <lei>253400C9GSPBSKERRP65</lei>
        <title>MECHEL PJSC COMMON STOCK RUB10.0</title>
        <cusip>B5960H909</cusip>
        <identifiers>
          <isin value="RU000A0DKXV5"/>
        </identifiers>
        <balance>574665.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>584682.150000</valUSD>
        <pctVal>0.0181442</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>MECHEL PJSC (AKA: MECHEL PAO)</name>
        <lei>253400C9GSPBSKERRP65</lei>
        <title>MECHEL PJSC SPONSORED ADR ADR</title>
        <cusip>583840608</cusip>
        <identifiers>
          <isin value="US5838406081"/>
        </identifiers>
        <balance>274875.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>566242.500000</valUSD>
        <pctVal>0.0175720</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>MEDIATEK INC</name>
        <lei>254900UEGBK1I4DM4E14</lei>
        <title>MEDIATEK INC COMMON STOCK TWD10.</title>
        <cusip>637248907</cusip>
        <identifiers>
          <isin value="TW0002454006"/>
        </identifiers>
        <balance>597000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>8845793.810000</valUSD>
        <pctVal>0.2745086</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>7002658.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>7150550.340000</valUSD>
        <pctVal>0.2219007</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>APOLLO TYRES LTD</name>
        <lei>335800W2PJ4XBSHQYC34</lei>
        <title>APOLLO TYRES LTD COMMON STOCK INR1.</title>
        <cusip>616890901</cusip>
        <identifiers>
          <isin value="INE438A01022"/>
        </identifiers>
        <balance>439760.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1010304.120000</valUSD>
        <pctVal>0.0313524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERCURIES LIFE INSURANCE CO LTD</name>
        <lei>254900MGZPWGJDGJRO25</lei>
        <title>MERCURIES LIFE INSURANCE CO COMMON STOCK TWD10.0</title>
        <cusip>B6S2Z3908</cusip>
        <identifiers>
          <isin value="TW0002867009"/>
        </identifiers>
        <balance>2280082.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>884182.130000</valUSD>
        <pctVal>0.0274385</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 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>83960.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1294301.230000</valUSD>
        <pctVal>0.0401656</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>METALLURGICAL CORPORATION OF CHINA LTD</name>
        <lei>3003002HS6H57JTIFW38</lei>
        <title>METALLURGICAL CORP OF CHIN H COMMON STOCK CNY1.0</title>
        <cusip>B42SRM901</cusip>
        <identifiers>
          <isin value="CNE100000FF3"/>
        </identifiers>
        <balance>1885000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>423302.400000</valUSD>
        <pctVal>0.0131362</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>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>495794.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>649050.100000</valUSD>
        <pctVal>0.0201418</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>MIGROS TICARET AS</name>
        <lei>5493002IOWNT1QZMAA74</lei>
        <title>MIGROS TICARET A.S COMMON STOCK TRY1.</title>
        <cusip>B50PPK902</cusip>
        <identifiers>
          <isin value="TREMGTI00012"/>
        </identifiers>
        <balance>764682.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>3112686.990000</valUSD>
        <pctVal>0.0965950</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1921306.210000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIRAE ASSET LIFE INSURANCE CO LTD</name>
        <lei>988400RRQNSRXEO93510</lei>
        <title>MIRAE ASSET LIFE INSURANCE COMMON STOCK KRW5000.0</title>
        <cusip>BYW7G6905</cusip>
        <identifiers>
          <isin value="KR7085620003"/>
        </identifiers>
        <balance>208659.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>745622.550000</valUSD>
        <pctVal>0.0231387</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>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>1043600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>2132246.630000</valUSD>
        <pctVal>0.0661693</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 CORP BHD</name>
        <lei>N/A</lei>
        <title>MMC CORP BHD COMMON STOCK MYR.1</title>
        <cusip>655664001</cusip>
        <identifiers>
          <isin value="MYL2194OO008"/>
        </identifiers>
        <balance>836800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>201682.400000</valUSD>
        <pctVal>0.0062587</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>427033.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13059203.790000</valUSD>
        <pctVal>0.4052619</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>MMG LIMITED</name>
        <lei>529900XB5IQXFMSWEC48</lei>
        <title>MMG LTD COMMON STOCK</title>
        <cusip>672879905</cusip>
        <identifiers>
          <isin value="HK1208013172"/>
        </identifiers>
        <balance>1512000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>454319.100000</valUSD>
        <pctVal>0.0140987</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>MOBILE TELESYSTEMS PJSC</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>MOBILE TELESYSTEMS PJSC COMMON STOCK RUB.1</title>
        <cusip>B59FPS908</cusip>
        <identifiers>
          <isin value="RU0007775219"/>
        </identifiers>
        <balance>3471890.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>17888022.290000</valUSD>
        <pctVal>0.5551130</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="4508212.630000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOMENTUM METROPOLITAN HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>MOMENTUM METROPOLITAN HOLDIN COMMON STOCK ZAR.000001</title>
        <cusip>BK9S75907</cusip>
        <identifiers>
          <isin value="ZAE000269890"/>
        </identifiers>
        <balance>2809555.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>4381028.220000</valUSD>
        <pctVal>0.1359550</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>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>63705.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>1474446.070000</valUSD>
        <pctVal>0.0457560</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>MOTUS HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>MOTUS HOLDINGS LTD COMMON STOCK</title>
        <cusip>BDRN3H902</cusip>
        <identifiers>
          <isin value="ZAE000261913"/>
        </identifiers>
        <balance>524502.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3054802.520000</valUSD>
        <pctVal>0.0947987</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>MRV ENGENHARIA E PARTICIPACOES SA</name>
        <lei>N/A</lei>
        <title>MRV ENGENHARIA COMMON STOCK</title>
        <cusip>B235JN901</cusip>
        <identifiers>
          <isin value="BRMRVEACNOR2"/>
        </identifiers>
        <balance>349800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1881253.130000</valUSD>
        <pctVal>0.0583803</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>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>3755417.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>22138720.810000</valUSD>
        <pctVal>0.6870236</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="5895143.000000"/>
        </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>416000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1010941.710000</valUSD>
        <pctVal>0.0313722</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>133000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>372212.370000</valUSD>
        <pctVal>0.0115507</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>NATIONAL ALUMINIUM CO LTD</name>
        <lei>335800OM1V78CX7SSC72</lei>
        <title>NATIONAL ALUMINIUM CO LTD COMMON STOCK INR5.</title>
        <cusip>613944909</cusip>
        <identifiers>
          <isin value="INE139A01034"/>
        </identifiers>
        <balance>5685110.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3476624.870000</valUSD>
        <pctVal>0.1078889</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>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>4003272.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>13590129.160000</valUSD>
        <pctVal>0.4217380</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>1319205.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>4619850.140000</valUSD>
        <pctVal>0.1433663</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>183500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1770359.480000</valUSD>
        <pctVal>0.0549390</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>NEDBANK GROUP LIMITED</name>
        <lei>N/A</lei>
        <title>NEDBANK GROUP LTD COMMON STOCK ZAR1.0</title>
        <cusip>662800903</cusip>
        <identifiers>
          <isin value="ZAE000004875"/>
        </identifiers>
        <balance>521246.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>7981198.950000</valUSD>
        <pctVal>0.2476779</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>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>902300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>379388.340000</valUSD>
        <pctVal>0.0117734</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>NETCARE LIMITED</name>
        <lei>N/A</lei>
        <title>NETCARE LTD COMMON STOCK ZAR.01</title>
        <cusip>663642908</cusip>
        <identifiers>
          <isin value="ZAE000011953"/>
        </identifiers>
        <balance>3748022.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>5207518.790000</valUSD>
        <pctVal>0.1616032</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>NEXA RESOURCES SA (AKA: VM HOLDING SA)</name>
        <lei>549300QRMRHM7GAU7L47</lei>
        <title>NEXA RESOURCES SA COMMON STOCK</title>
        <cusip>L67359106</cusip>
        <identifiers>
          <isin value="LU1701428291"/>
        </identifiers>
        <balance>111657.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>908887.980000</valUSD>
        <pctVal>0.0282052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NHPC LIMITED</name>
        <lei>3358003ZPPTGWT595J46</lei>
        <title>NHPC LTD COMMON STOCK INR10.</title>
        <cusip>B233LP908</cusip>
        <identifiers>
          <isin value="INE848E01016"/>
        </identifiers>
        <balance>4214592.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1414150.950000</valUSD>
        <pctVal>0.0438849</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>NMDC LIMITED</name>
        <lei>335800IXHXOHQ7B2HP66</lei>
        <title>NMDC LTD COMMON STOCK INR1.0</title>
        <cusip>614811909</cusip>
        <identifiers>
          <isin value="INE584A01023"/>
        </identifiers>
        <balance>1573897.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>2846618.050000</valUSD>
        <pctVal>0.0883382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>537000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3934594.580000</valUSD>
        <pctVal>0.1221010</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>NOVOLIPETSK STEEL PJSC (AKA: NLMK PJSC)</name>
        <lei>213800913TPW32I84456</lei>
        <title>NOVOLIPETSK STEEL PJSC GDR DEPOSITORY RECEIPT</title>
        <cusip>67011E204</cusip>
        <identifiers>
          <isin value="US67011E2046"/>
        </identifiers>
        <balance>19688.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>453611.520000</valUSD>
        <pctVal>0.0140768</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>NTPC LIMITED</name>
        <lei>335800Q4TRGJXNLVMB81</lei>
        <title>NTPC LTD COMMON STOCK INR10.0</title>
        <cusip>B037HF900</cusip>
        <identifiers>
          <isin value="INE733E01010"/>
        </identifiers>
        <balance>2366642.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3947268.600000</valUSD>
        <pctVal>0.1224943</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>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>89308000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>810417.980000</valUSD>
        <pctVal>0.0251494</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>OIL &amp; NATURAL GAS CORP LTD</name>
        <lei>335800FPDZ9MRSNO7N41</lei>
        <title>OIL + NATURAL GAS CORP LTD COMMON STOCK INR5.</title>
        <cusip>613936905</cusip>
        <identifiers>
          <isin value="INE213A01029"/>
        </identifiers>
        <balance>4301899.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>7768152.110000</valUSD>
        <pctVal>0.2410665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OIL INDIA LIMITED</name>
        <lei>335800XXEP14XISP1A16</lei>
        <title>OIL INDIA LTD COMMON STOCK INR10.</title>
        <cusip>B409HQ907</cusip>
        <identifiers>
          <isin value="INE274J01014"/>
        </identifiers>
        <balance>986664.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>2115590.860000</valUSD>
        <pctVal>0.0656524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>154426.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>2009165.400000</valUSD>
        <pctVal>0.0623498</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 LIFE INSURANCE LTD (AKA: ING LIFE INSURANCE KOREA LTD)</name>
        <lei>N/A</lei>
        <title>ORANGE LIFE INSURANCE LTD COMMON STOCK KRW1000.0</title>
        <cusip>ACI0TJVY4</cusip>
        <identifiers>
          <isin value="KR7079440004"/>
        </identifiers>
        <balance>76799.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1874066.450000</valUSD>
        <pctVal>0.0581573</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>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>1937532.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>3634570.820000</valUSD>
        <pctVal>0.1127904</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>ORBIA ADVANCE CORPORATION SAB DE CV</name>
        <lei>549300MVHZ20SBIOEQ79</lei>
        <title>ORBIA ADVANCE CORP SAB DE CV COMMON STOCK</title>
        <cusip>ACI1FD115</cusip>
        <identifiers>
          <isin value="MX01OR010004"/>
        </identifiers>
        <balance>250700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>534614.520000</valUSD>
        <pctVal>0.0165905</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>ORIENTAL BANK OF COMMERCE</name>
        <lei>33580043THDV2TC2RY89</lei>
        <title>ORIENTAL BANK OF COMMERCE COMMON STOCK INR10.</title>
        <cusip>612150904</cusip>
        <identifiers>
          <isin value="INE141A01014"/>
        </identifiers>
        <balance>1825508.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1331950.120000</valUSD>
        <pctVal>0.0413340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>474600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>443506.740000</valUSD>
        <pctVal>0.0137632</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>5934000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>13570500.770000</valUSD>
        <pctVal>0.4211288</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>PEPKOR HOLDINGS LTD (AKA: STEINHOFF AFRICA RETAIL LTD)</name>
        <lei>N/A</lei>
        <title>PEPKOR HOLDINGS LTD COMMON STOCK</title>
        <cusip>BFXG36909</cusip>
        <identifiers>
          <isin value="ZAE000259479"/>
        </identifiers>
        <balance>658057.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>848999.710000</valUSD>
        <pctVal>0.0263467</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>ASIA CEMENT CORPORATION</name>
        <lei>213800EFQXH43HMGJL59</lei>
        <title>ASIA CEMENT CORP COMMON STOCK TWD10.</title>
        <cusip>605633007</cusip>
        <identifiers>
          <isin value="TW0001102002"/>
        </identifiers>
        <balance>1856000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2970893.510000</valUSD>
        <pctVal>0.0921948</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>ASIANA AIRLINES INC</name>
        <lei>2138001V1YWXYBSZX565</lei>
        <title>ASIANA AIRLINES COMMON STOCK KRW5000.</title>
        <cusip>620020909</cusip>
        <identifiers>
          <isin value="KR7020560009"/>
        </identifiers>
        <balance>897710.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4185669.660000</valUSD>
        <pctVal>0.1298925</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>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>21601500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>3368116.650000</valUSD>
        <pctVal>0.1045216</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>1334994.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21279804.360000</valUSD>
        <pctVal>0.6603691</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>132400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>992153.900000</valUSD>
        <pctVal>0.0307892</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>PETROCHINA COMPANY LIMITED</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>PETROCHINA CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>622657906</cusip>
        <identifiers>
          <isin value="CNE1000003W8"/>
        </identifiers>
        <balance>13724000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>6908593.230000</valUSD>
        <pctVal>0.2143921</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>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>1893799.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>3968398.180000</valUSD>
        <pctVal>0.1231500</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>71922G209</cusip>
        <identifiers>
          <isin value="US71922G2093"/>
        </identifiers>
        <balance>186720.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2371344.000000</valUSD>
        <pctVal>0.0735891</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>4164000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>5018947.650000</valUSD>
        <pctVal>0.1557513</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>ASPEN PHARMACARE HOLDINGS LT</name>
        <lei>635400ZYSN1IRD5QWQ94</lei>
        <title>ASPEN PHARMACARE HOLDINGS LT COMMON STOCK ZAR.1390607</title>
        <cusip>B09C0Z907</cusip>
        <identifiers>
          <isin value="ZAE000066692"/>
        </identifiers>
        <balance>558710.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>4764836.290000</valUSD>
        <pctVal>0.1478656</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>ASSECO POLAND SA</name>
        <lei>259400O79EWIK4XZPL40</lei>
        <title>ASSECO POLAND SA COMMON STOCK PLN1.</title>
        <cusip>597895903</cusip>
        <identifiers>
          <isin value="PLSOFTB00016"/>
        </identifiers>
        <balance>71177.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>1196196.280000</valUSD>
        <pctVal>0.0371212</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>ACER INCORPORATED</name>
        <lei>2549006Z3IVAZIQEUM25</lei>
        <title>ACER INC COMMON STOCK TWD10.</title>
        <cusip>600585905</cusip>
        <identifiers>
          <isin value="TW0002353000"/>
        </identifiers>
        <balance>518000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>308740.110000</valUSD>
        <pctVal>0.0095810</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>104870002.330000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104870002.330000</valUSD>
        <pctVal>3.2543959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="104870002.330000" 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>4430500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>2206799.660000</valUSD>
        <pctVal>0.0684829</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>2554800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>794037.840000</valUSD>
        <pctVal>0.0246411</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>1545000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>11924083.430000</valUSD>
        <pctVal>0.3700361</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>1225000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>14495989.230000</valUSD>
        <pctVal>0.4498492</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>2741870.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>9213426.130000</valUSD>
        <pctVal>0.2859172</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="8242008.860000"/>
        </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>3896460.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>6497631.320000</valUSD>
        <pctVal>0.2016388</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>921810000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>2985303.210000</valUSD>
        <pctVal>0.0926419</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>450510.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44873757.200000</valUSD>
        <pctVal>1.3925524</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 REG S GDR DEPOSITORY RECEIPT</title>
        <cusip>73181M117</cusip>
        <identifiers>
          <isin value="US73181M1172"/>
        </identifiers>
        <balance>13590.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>770553.000000</valUSD>
        <pctVal>0.0239123</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="770496.300000"/>
        </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>499565000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>4472765.330000</valUSD>
        <pctVal>0.1388018</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>544411.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>5019963.340000</valUSD>
        <pctVal>0.1557829</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>238655.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>4681053.560000</valUSD>
        <pctVal>0.1452656</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>90351.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>2043698.920000</valUSD>
        <pctVal>0.0634214</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>POLSKIE GORNICTWO NAFTOWE I GAZOWNICTWO SA</name>
        <lei>2594008YSYXYOTBSQL93</lei>
        <title>POLSKIE GORNICTWO NAFTOWE I COMMON STOCK PLN1.</title>
        <cusip>B0L911904</cusip>
        <identifiers>
          <isin value="PLPGNIG00014"/>
        </identifiers>
        <balance>1818877.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>2074595.600000</valUSD>
        <pctVal>0.0643802</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>5467000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2268233.550000</valUSD>
        <pctVal>0.0703893</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>87140.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.754900"/>
        <valUSD>1378125.080000</valUSD>
        <pctVal>0.0427669</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>PORTO SEGURO SA</name>
        <lei>N/A</lei>
        <title>PORTO SEGURO SA COMMON STOCK</title>
        <cusip>B0498T905</cusip>
        <identifiers>
          <isin value="BRPSSAACNOR7"/>
        </identifiers>
        <balance>151500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2368572.170000</valUSD>
        <pctVal>0.0735031</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>POSCO</name>
        <lei>988400E5HRVX81AYLM04</lei>
        <title>POSCO COMMON STOCK KRW5000.</title>
        <cusip>669323008</cusip>
        <identifiers>
          <isin value="KR7005490008"/>
        </identifiers>
        <balance>79724.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>16204988.510000</valUSD>
        <pctVal>0.5028840</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>38756.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>623468.160000</valUSD>
        <pctVal>0.0193479</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>20657000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>14048546.740000</valUSD>
        <pctVal>0.4359639</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>5487000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>7177455.430000</valUSD>
        <pctVal>0.2227356</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>POWER FINANCE CORPORATION LIMITED</name>
        <lei>3358003Q6D9LIJJZ1614</lei>
        <title>POWER FINANCE CORPORATION COMMON STOCK INR10.</title>
        <cusip>B1S722906</cusip>
        <identifiers>
          <isin value="INE134E01011"/>
        </identifiers>
        <balance>4860040.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>8031991.640000</valUSD>
        <pctVal>0.2492541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWER GRID CORPORATION OF INDIA LIMITED</name>
        <lei>3358009SHWZ3DZEQ4Z56</lei>
        <title>POWER GRID CORP OF INDIA LTD COMMON STOCK INR10.0</title>
        <cusip>B233HS907</cusip>
        <identifiers>
          <isin value="INE752E01010"/>
        </identifiers>
        <balance>452842.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1206996.690000</valUSD>
        <pctVal>0.0374563</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>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>2906000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1940447.820000</valUSD>
        <pctVal>0.0602173</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>898000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2988732.840000</valUSD>
        <pctVal>0.0927484</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>193795.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>2046755.380000</valUSD>
        <pctVal>0.0635163</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>POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA</name>
        <lei>P4GTT6GF1W40CVIMFR43</lei>
        <title>PKO BANK POLSKI SA COMMON STOCK PLN1.</title>
        <cusip>B03NGS908</cusip>
        <identifiers>
          <isin value="PLPKO0000016"/>
        </identifiers>
        <balance>169483.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>1538676.960000</valUSD>
        <pctVal>0.0477493</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>PRUKSA HOLDING PUBLIC COMPANY LIMITED</name>
        <lei>529900V2DKG77EI8X273</lei>
        <title>PRUKSA HOLDING PCL FOREIGN FOREIGN SH. THB1.0 A</title>
        <cusip>BYMJ5H908</cusip>
        <identifiers>
          <isin value="TH7595010011"/>
        </identifiers>
        <balance>447900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>221022.520000</valUSD>
        <pctVal>0.0068589</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>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>2203990.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>421559.590000</valUSD>
        <pctVal>0.0130821</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>1706300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1408577.250000</valUSD>
        <pctVal>0.0437119</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>8583500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1797930.920000</valUSD>
        <pctVal>0.0557946</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 EXPLORATION &amp; PRODUCTION PCL</name>
        <lei>2549001O8YYGP5N7Q076</lei>
        <title>PTT EXPLORATION + PROD FOR FOREIGN SH. THB1.0 A</title>
        <cusip>B1359J903</cusip>
        <identifiers>
          <isin value="TH0355A10Z12"/>
        </identifiers>
        <balance>997700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>4140787.860000</valUSD>
        <pctVal>0.1284997</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 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>1423000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>2703826.080000</valUSD>
        <pctVal>0.0839069</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>4489300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>6587127.500000</valUSD>
        <pctVal>0.2044161</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>PUBLIC BANK BERHAD</name>
        <lei>549300L2RSQCVMOHGM20</lei>
        <title>PUBLIC BANK BERHAD COMMON STOCK MYR1.</title>
        <cusip>B012W4901</cusip>
        <identifiers>
          <isin value="MYL1295OO004"/>
        </identifiers>
        <balance>379500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>1804953.030000</valUSD>
        <pctVal>0.0560125</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>3324600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>4516629.760000</valUSD>
        <pctVal>0.1401631</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 MVIDEO</name>
        <lei>N/A</lei>
        <title>M VIDEO PJSC COMMON STOCK RUB10.0</title>
        <cusip>B59SPB907</cusip>
        <identifiers>
          <isin value="RU000A0JPGA0"/>
        </identifiers>
        <balance>99020.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>827370.300000</valUSD>
        <pctVal>0.0256755</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>26531000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>2157873.900000</valUSD>
        <pctVal>0.0669646</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>578635.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891500"/>
        <valUSD>2683928.150000</valUSD>
        <pctVal>0.0832895</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="1679093.200000"/>
        </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>47030000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>15749888.420000</valUSD>
        <pctVal>0.4887611</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>PUNJAB NATIONAL BANK</name>
        <lei>335800LE3GBR6I412V82</lei>
        <title>PUNJAB NATIONAL BANK FOREIGN COMMON STOCK INR2.0</title>
        <cusip>ACI0B5HY9</cusip>
        <identifiers>
          <isin value="INE160A01022"/>
        </identifiers>
        <balance>4330165.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3905624.390000</valUSD>
        <pctVal>0.1212019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QUANTA COMPUTER INC</name>
        <lei>529900DE8BIV3XOXIK04</lei>
        <title>QUANTA COMPUTER INC COMMON STOCK TWD10.</title>
        <cusip>614101905</cusip>
        <identifiers>
          <isin value="TW0002382009"/>
        </identifiers>
        <balance>3768000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>8094092.620000</valUSD>
        <pctVal>0.2511813</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>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>124200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>285082.150000</valUSD>
        <pctVal>0.0088469</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>REC LIMITED (AKA: RURAL ELECTRIFICATION CORP LTD)</name>
        <lei>335800B4YRYWAMIJZ374</lei>
        <title>REC LTD COMMON STOCK INR10.0</title>
        <cusip>B2Q7WL901</cusip>
        <identifiers>
          <isin value="INE020B01018"/>
        </identifiers>
        <balance>4756191.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>9538068.300000</valUSD>
        <pctVal>0.2959917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RELIANCE COMMUNICATIONS LTD</name>
        <lei>3358004XUDHE13A1HZ26</lei>
        <title>RELIANCE COMMUNICATIONS LTD COMMON STOCK INR5.</title>
        <cusip>B0WNLY907</cusip>
        <identifiers>
          <isin value="INE330H01018"/>
        </identifiers>
        <balance>41324151.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>521052.110000</valUSD>
        <pctVal>0.0161696</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>RELIANCE INDUSTRIES LIMITED</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>RELIANCE INDUSTRIES LTD COMMON STOCK INR10.</title>
        <cusip>609962907</cusip>
        <identifiers>
          <isin value="INE002A01018"/>
        </identifiers>
        <balance>54068.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1146895.690000</valUSD>
        <pctVal>0.0355912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RELIANCE INFRASTRUCTURE LIMITED</name>
        <lei>3358004TN6DP229EDA32</lei>
        <title>RELIANCE INFRASTRUCTURE LTD COMMON STOCK INR10.</title>
        <cusip>609985908</cusip>
        <identifiers>
          <isin value="INE036A01016"/>
        </identifiers>
        <balance>8403864.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3461473.880000</valUSD>
        <pctVal>0.1074188</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>RELIANCE POWER LIMITED</name>
        <lei>335800D1QMGOF93XZU85</lei>
        <title>RELIANCE POWER LTD COMMON STOCK INR10.</title>
        <cusip>B2NP5J909</cusip>
        <identifiers>
          <isin value="INE614G01033"/>
        </identifiers>
        <balance>31074968.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1523749.050000</valUSD>
        <pctVal>0.0472860</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>RHB BANK BERHAD</name>
        <lei>549300ZHRPSV7QIUJT80</lei>
        <title>RHB BANK BHD COMMON STOCK</title>
        <cusip>624467908</cusip>
        <identifiers>
          <isin value="MYL1066OO009"/>
        </identifiers>
        <balance>1972800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>2787625.960000</valUSD>
        <pctVal>0.0865075</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>1462850.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10620150.570000</valUSD>
        <pctVal>0.3295716</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>176423012.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>3931864.300000</valUSD>
        <pctVal>0.1220162</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>2433230.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>3071299.600000</valUSD>
        <pctVal>0.0953106</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>RUENTEX INDUSTRIES LTD</name>
        <lei>N/A</lei>
        <title>RUENTEX INDUSTRIES LTD COMMON STOCK TWD10.</title>
        <cusip>675842900</cusip>
        <identifiers>
          <isin value="TW0002915006"/>
        </identifiers>
        <balance>1321000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3242771.300000</valUSD>
        <pctVal>0.1006318</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>SACI FALABELLA</name>
        <lei>5493004CKJQ7H391LM41</lei>
        <title>S.A.C.I. FALABELLA COMMON STOCK</title>
        <cusip>277167904</cusip>
        <identifiers>
          <isin value="CLP3880F1085"/>
        </identifiers>
        <balance>71191.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>306823.530000</valUSD>
        <pctVal>0.0095216</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>73457.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>2451848.500000</valUSD>
        <pctVal>0.0760874</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>4315.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>464126.020000</valUSD>
        <pctVal>0.0144031</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="338064.450000"/>
        </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>2086182.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>100526524.170000</valUSD>
        <pctVal>3.1196062</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>23595.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>4960503.980000</valUSD>
        <pctVal>0.1539377</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>190523.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>12248662.050000</valUSD>
        <pctVal>0.3801087</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>506960.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.645000"/>
        <valUSD>1641557.920000</valUSD>
        <pctVal>0.0509419</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>56790.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>320856.580000</valUSD>
        <pctVal>0.0099570</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>541820.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1687395.880000</valUSD>
        <pctVal>0.0523644</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>SAPURA ENERGY BHD (AKA: SAPURAKENCANA PETROLEUM BHD)</name>
        <lei>N/A</lei>
        <title>SAPURA ENERGY BHD COMMON STOCK MYR1.0</title>
        <cusip>ACI01XLL2</cusip>
        <identifiers>
          <isin value="MYL5218OO002"/>
        </identifiers>
        <balance>45925200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>3043828.620000</valUSD>
        <pctVal>0.0944581</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>SASOL LIMITED</name>
        <lei>N/A</lei>
        <title>SASOL LTD COMMON STOCK</title>
        <cusip>677745903</cusip>
        <identifiers>
          <isin value="ZAE000006896"/>
        </identifiers>
        <balance>790506.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>17150529.480000</valUSD>
        <pctVal>0.5322267</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="994245.870000"/>
        </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>322000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>340969.380000</valUSD>
        <pctVal>0.0105812</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>SBERBANK PAO (AKA: SBERBANK OF RUSSIA OAO, SBERBANK OF RUSSIA JSC)</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>SBERBANK PJSC  SPONSORED ADR ADR</title>
        <cusip>B5SC09903</cusip>
        <identifiers>
          <isin value="US80585Y3080"/>
        </identifiers>
        <balance>947633.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15611740.060000</valUSD>
        <pctVal>0.4844739</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>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>611138.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>744284.570000</valUSD>
        <pctVal>0.0230971</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="707747.570000"/>
        </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>1922100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1657506.060000</valUSD>
        <pctVal>0.0514368</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>1105500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1693539.520000</valUSD>
        <pctVal>0.0525550</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="1446898.800000"/>
        </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>329925.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4992951.330000</valUSD>
        <pctVal>0.1549446</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="1758523.740000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG WEIGAO GROUP MEDICAL POLYMER COMPANY LIMITED</name>
        <lei>5299005WQUU15JQU8S60</lei>
        <title>SHANDONG WEIGAO GP MEDICAL H COMMON STOCK CNY.1</title>
        <cusip>674234901</cusip>
        <identifiers>
          <isin value="CNE100000171"/>
        </identifiers>
        <balance>316000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>378646.580000</valUSD>
        <pctVal>0.0117504</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>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>4223511.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>7340882.820000</valUSD>
        <pctVal>0.2278072</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>1235000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2377477.620000</valUSD>
        <pctVal>0.0737795</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>SHANGHAI INDUSTRIAL URBAN DEVELOPMENT GROUP LIMITED</name>
        <lei>N/A</lei>
        <title>SHANGHAI INDUSTRIAL URBAN DE COMMON STOCK HKD.04</title>
        <cusip>643388903</cusip>
        <identifiers>
          <isin value="BMG8065B1037"/>
        </identifiers>
        <balance>1235000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>155279.110000</valUSD>
        <pctVal>0.0048187</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>SHANGHAI JIN JIANG CAPITAL COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>SHANGHAI JIN JIANG CAPITAL H COMMON STOCK CNY1.0</title>
        <cusip>B1JXKZ906</cusip>
        <identifiers>
          <isin value="CNE1000003Z1"/>
        </identifiers>
        <balance>1438000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>295049.000000</valUSD>
        <pctVal>0.0091562</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>SHANGHAI PHARMACEUTICALS HOLDING CO LTD</name>
        <lei>30030029J1KKCBY19820</lei>
        <title>SHANGHAI PHARMACEUTICALS H COMMON STOCK CNY1.0</title>
        <cusip>B4Q4CJ901</cusip>
        <identifiers>
          <isin value="CNE1000012B3"/>
        </identifiers>
        <balance>246500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>479683.380000</valUSD>
        <pctVal>0.0148859</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>SHENZHEN EXPRESSWAY COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>SHENZHEN EXPRESSWAY CO H COMMON STOCK CNY1.0</title>
        <cusip>684874902</cusip>
        <identifiers>
          <isin value="CNE100000478"/>
        </identifiers>
        <balance>546000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>783486.910000</valUSD>
        <pctVal>0.0243137</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>SHENZHEN INVESTMENT LIMITED</name>
        <lei>529900QMH55P3EJRQC98</lei>
        <title>SHENZHEN INVESTMENT LTD COMMON STOCK</title>
        <cusip>653526905</cusip>
        <identifiers>
          <isin value="HK0604011236"/>
        </identifiers>
        <balance>7332000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2938513.320000</valUSD>
        <pctVal>0.0911899</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>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>48171764.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>16647976.520000</valUSD>
        <pctVal>0.5166311</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>691808.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>25937813.830000</valUSD>
        <pctVal>0.8049196</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>7652.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1907570.580000</valUSD>
        <pctVal>0.0591970</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>33948.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>305329.590000</valUSD>
        <pctVal>0.0094752</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>SHOUGANG FUSHAN RESOURCES GROUP LIMITED</name>
        <lei>529900OPUNJYLOX4OL37</lei>
        <title>SHOUGANG FUSHAN RESOURCES GR COMMON STOCK</title>
        <cusip>635467905</cusip>
        <identifiers>
          <isin value="HK0639031506"/>
        </identifiers>
        <balance>2248000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>485484.970000</valUSD>
        <pctVal>0.0150659</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>SHRIRAM TRANSPORT FINANCE COMPANY LIMITED</name>
        <lei>335800TM2YO24B76XL26</lei>
        <title>SHRIRAM TRANSPORT FINANCE COMMON STOCK INR10.0</title>
        <cusip>680260908</cusip>
        <identifiers>
          <isin value="INE721A01013"/>
        </identifiers>
        <balance>56890.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>933393.190000</valUSD>
        <pctVal>0.0289657</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>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>8965500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1970333.240000</valUSD>
        <pctVal>0.0611447</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>216700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>2832344.030000</valUSD>
        <pctVal>0.0878952</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>SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED</name>
        <lei>54930068OELHUBHH1U03</lei>
        <title>SIAM COMMERCIAL BANK FOREIGN FOREIGN SH. THB10.0 A</title>
        <cusip>688993906</cusip>
        <identifiers>
          <isin value="TH0015010018"/>
        </identifiers>
        <balance>2495400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>10147437.270000</valUSD>
        <pctVal>0.3149020</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 COMMON STOCK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000173951"/>
        </identifiers>
        <balance>1211754.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3096209.690000</valUSD>
        <pctVal>0.0960836</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1968444.370000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIHUAN PHARMACEUTICAL HOLDINGS GROUP LTD</name>
        <lei>529900UD7C9N3AQO1V88</lei>
        <title>SIHUAN PHARMACEUTICAL HLDGS COMMON STOCK HKD.01</title>
        <cusip>B4X3RF907</cusip>
        <identifiers>
          <isin value="BMG8162K1137"/>
        </identifiers>
        <balance>3948000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>471709.570000</valUSD>
        <pctVal>0.0146384</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>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>1886700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>1024125.480000</valUSD>
        <pctVal>0.0317813</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>AXIATA GROUP BERHAD</name>
        <lei>254900DM0V7OCPDUUC55</lei>
        <title>AXIATA GROUP BERHAD COMMON STOCK MYR1.</title>
        <cusip>B2QZGV905</cusip>
        <identifiers>
          <isin value="MYL6888OO001"/>
        </identifiers>
        <balance>1379400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>1397230.190000</valUSD>
        <pctVal>0.0433598</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 COMMON STOCK INR2.0</title>
        <cusip>ACI08ZVY1</cusip>
        <identifiers>
          <isin value="INE238A01034"/>
        </identifiers>
        <balance>170303.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1800254.320000</valUSD>
        <pctVal>0.0558667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>9928000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>3985311.690000</valUSD>
        <pctVal>0.1236749</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>11938494.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>5179128.740000</valUSD>
        <pctVal>0.1607222</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>1561500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>934607.940000</valUSD>
        <pctVal>0.0290034</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>580000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2116353.850000</valUSD>
        <pctVal>0.0656761</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>SINOTRUK (HONG KONG) LIMITED</name>
        <lei>529900BB4WA4W576X724</lei>
        <title>SINOTRUK HONG KONG LTD COMMON STOCK</title>
        <cusip>B296ZH908</cusip>
        <identifiers>
          <isin value="HK3808041546"/>
        </identifiers>
        <balance>225500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>481281.150000</valUSD>
        <pctVal>0.0149354</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>SISTEMA PJSFC</name>
        <lei>213800JSZ2UUK4QQK694</lei>
        <title>SISTEMA PJSC REG S SPONS GDR GDR</title>
        <cusip>B05N80906</cusip>
        <identifiers>
          <isin value="US48122U2042"/>
        </identifiers>
        <balance>501392.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2443784.610000</valUSD>
        <pctVal>0.0758372</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>SISTEMA PJSFC</name>
        <lei>213800JSZ2UUK4QQK694</lei>
        <title>SISTEMA PJSFC COMMON STOCK RUB.09</title>
        <cusip>B5B6XH900</cusip>
        <identifiers>
          <isin value="RU000A0DQZE3"/>
        </identifiers>
        <balance>7376360.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1814320.420000</valUSD>
        <pctVal>0.0563032</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 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>3110.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>701611.140000</valUSD>
        <pctVal>0.0217729</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>85196.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>6929649.310000</valUSD>
        <pctVal>0.2150455</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 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>9649.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>1248748.470000</valUSD>
        <pctVal>0.0387520</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>987097.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>5061920.140000</valUSD>
        <pctVal>0.1570849</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 CO LTD SPON ADR ADR</title>
        <cusip>78440P108</cusip>
        <identifiers>
          <isin value="US78440P1084"/>
        </identifiers>
        <balance>545756.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12612421.160000</valUSD>
        <pctVal>0.3913971</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>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>3910500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1475207.430000</valUSD>
        <pctVal>0.0457796</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>SOHUCOM LIMITED</name>
        <lei>N/A</lei>
        <title>SOHU.COM LTD ADR ADR</title>
        <cusip>83410S108</cusip>
        <identifiers>
          <isin value="US83410S1087"/>
        </identifiers>
        <balance>240505.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2688845.900000</valUSD>
        <pctVal>0.0834421</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>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>980570.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>11794254.510000</valUSD>
        <pctVal>0.3660072</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>946100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>337547.250000</valUSD>
        <pctVal>0.0104750</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>STATE BANK OF INDIA</name>
        <lei>5493001JZ37UBBZF6L49</lei>
        <title>STATE BANK OF INDIA COMMON STOCK INR1.0</title>
        <cusip>ACI09YH11</cusip>
        <identifiers>
          <isin value="INE062A01020"/>
        </identifiers>
        <balance>2406771.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>11263090.650000</valUSD>
        <pctVal>0.3495237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>4297000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2441667.420000</valUSD>
        <pctVal>0.0757715</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>STEEL AUTHORITY OF INDIA</name>
        <lei>335800ZJXMF183ZCQI90</lei>
        <title>STEEL AUTHORITY OF INDIA COMMON STOCK INR10.</title>
        <cusip>612149906</cusip>
        <identifiers>
          <isin value="INE114A01011"/>
        </identifiers>
        <balance>4662152.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>2805720.330000</valUSD>
        <pctVal>0.0870690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNWAY BHD</name>
        <lei>N/A</lei>
        <title>SUNWAY BHD COMMON STOCK MYR1.0</title>
        <cusip>B6VGS9908</cusip>
        <identifiers>
          <isin value="MYL5211OO007"/>
        </identifiers>
        <balance>1501314.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>660591.370000</valUSD>
        <pctVal>0.0204999</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>SURGUTNEFTEGAS PJSC (AKA: SURGUTNEFTEGAS OJSC)</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>SURGUTNEFTEGAS SP ADR ADR</title>
        <cusip>B01WHG905</cusip>
        <identifiers>
          <isin value="US8688612048"/>
        </identifiers>
        <balance>4920773.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39833982.210000</valUSD>
        <pctVal>1.2361547</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>ADANI ENTERPRISES LIMITED</name>
        <lei>335800OTN96B3M38HC30</lei>
        <title>ADANI ENTERPRISES LTD COMMON STOCK INR1.</title>
        <cusip>B01VRK907</cusip>
        <identifiers>
          <isin value="INE423A01024"/>
        </identifiers>
        <balance>449850.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1314470.500000</valUSD>
        <pctVal>0.0407915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>870650.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1089562.460000</valUSD>
        <pctVal>0.0338120</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>BANCO BRADESCO SA</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>BANCO BRADESCO ADR ADR</title>
        <cusip>059460303</cusip>
        <identifiers>
          <isin value="US0594603039"/>
        </identifiers>
        <balance>3105484.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27794081.800000</valUSD>
        <pctVal>0.8625245</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>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>724.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>662743.120000</valUSD>
        <pctVal>0.0205667</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>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>5095581.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2466208.000000</valUSD>
        <pctVal>0.0765330</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 BUSINESS BANK</name>
        <lei>254900930YMK9AXL9O17</lei>
        <title>TAIWAN BUSINESS BANK COMMON STOCK TWD10.</title>
        <cusip>609881909</cusip>
        <identifiers>
          <isin value="TW0002834009"/>
        </identifiers>
        <balance>2615190.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1100098.600000</valUSD>
        <pctVal>0.0341390</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>1485662.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2167074.210000</valUSD>
        <pctVal>0.0672501</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>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>91186.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1732166.920000</valUSD>
        <pctVal>0.0537538</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>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>4172685.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>2888090.440000</valUSD>
        <pctVal>0.0896252</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>327000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>419245.980000</valUSD>
        <pctVal>0.0130103</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 SEMICONDUCTOR</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>TAIWAN SEMICONDUCTOR SP ADR ADR</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
        </identifiers>
        <balance>602920.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35029652.000000</valUSD>
        <pctVal>1.0870635</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>13221444.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>1401355.260000</valUSD>
        <pctVal>0.0434878</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 CHEMICALS LIMITED</name>
        <lei>335800H6MURUA6FBOW17</lei>
        <title>TATA CHEMICALS LTD COMMON STOCK INR10.0</title>
        <cusip>610116907</cusip>
        <identifiers>
          <isin value="INE092A01019"/>
        </identifiers>
        <balance>166294.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1554951.050000</valUSD>
        <pctVal>0.0482543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA MOTORS LIMITED</name>
        <lei>335800BO2LHWJJ8TZI32</lei>
        <title>TATA MOTORS LTD COMMON STOCK INR2.</title>
        <cusip>ACI00US24</cusip>
        <identifiers>
          <isin value="INE155A01022"/>
        </identifiers>
        <balance>9131702.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>23650503.630000</valUSD>
        <pctVal>0.7339382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA POWER COMPANY LIMITED</name>
        <lei>335800H5R3TGTJ7LQ663</lei>
        <title>TATA POWER CO LTD COMMON STOCK INR1.</title>
        <cusip>B6Z1L7908</cusip>
        <identifiers>
          <isin value="INE245A01021"/>
        </identifiers>
        <balance>4118172.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3260893.200000</valUSD>
        <pctVal>0.1011942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA STEEL LIMITED</name>
        <lei>335800E6C75YGSGD5T66</lei>
        <title>TATA STEEL LTD COMMON STOCK INR10.</title>
        <cusip>610115909</cusip>
        <identifiers>
          <isin value="INE081A01012"/>
        </identifiers>
        <balance>1622983.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>10750675.920000</valUSD>
        <pctVal>0.3336222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADANI POWER LIMITED</name>
        <lei>33580074T4XKFXBDG813</lei>
        <title>ADANI POWER LTD COMMON STOCK INR10.</title>
        <cusip>B3WQH4905</cusip>
        <identifiers>
          <isin value="INE814H01011"/>
        </identifiers>
        <balance>4322330.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3744028.070000</valUSD>
        <pctVal>0.1161872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>12743.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="751.950000"/>
        <valUSD>577879.250000</valUSD>
        <pctVal>0.0179331</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>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>5529827.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>2386484.960000</valUSD>
        <pctVal>0.0740590</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>TAV HAVALIMANLARI HOLDING ANONIM SIRKETI</name>
        <lei>789000PBM9TT5D88M597</lei>
        <title>TAV HAVALIMANLARI HOLDING AS COMMON STOCK TRY1.</title>
        <cusip>B1RMFT901</cusip>
        <identifiers>
          <isin value="TRETAVH00018"/>
        </identifiers>
        <balance>392376.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>1923238.380000</valUSD>
        <pctVal>0.0596832</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>TECO ELECTRIC &amp; MACHINERY</name>
        <lei>N/A</lei>
        <title>TECO ELECTRIC + MACHINERY COMMON STOCK TWD10.</title>
        <cusip>687985903</cusip>
        <identifiers>
          <isin value="TW0001504009"/>
        </identifiers>
        <balance>1851000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1618826.980000</valUSD>
        <pctVal>0.0502365</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>TELEF BRASIL SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>TELEFONICA BRASIL ADR PREF ADR</title>
        <cusip>87936R106</cusip>
        <identifiers>
          <isin value="US87936R1068"/>
        </identifiers>
        <balance>609761.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8731777.520000</valUSD>
        <pctVal>0.2709703</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>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>1903200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>25119410.770000</valUSD>
        <pctVal>0.7795223</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>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>4433200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>4142015.550000</valUSD>
        <pctVal>0.1285378</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>21484200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>6154732.270000</valUSD>
        <pctVal>0.1909978</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>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>1389714.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3459742.320000</valUSD>
        <pctVal>0.1073650</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>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>1154400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>6240057.010000</valUSD>
        <pctVal>0.1936456</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>TENAGA NASIONAL BERHAD</name>
        <lei>549300FV8X6UID6I1413</lei>
        <title>TENAGA NASIONAL BHD COMMON STOCK MYR1.</title>
        <cusip>690461009</cusip>
        <identifiers>
          <isin value="MYL5347OO009"/>
        </identifiers>
        <balance>752400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>2440413.310000</valUSD>
        <pctVal>0.0757325</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 (BRASIL) SA</name>
        <lei>549300D1H731B30TSI43</lei>
        <title>BANCO SANTANDER  BRASIL UNIT UNIT</title>
        <cusip>B4V5RY903</cusip>
        <identifiers>
          <isin value="BRSANBCDAM13"/>
        </identifiers>
        <balance>365200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>4516208.260000</valUSD>
        <pctVal>0.1401500</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>BANCO SANTANDER CHILE SA</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>BANCO SANTANDER CHILE ADR ADR</title>
        <cusip>05965X109</cusip>
        <identifiers>
          <isin value="US05965X1090"/>
        </identifiers>
        <balance>41118.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>948592.260000</valUSD>
        <pctVal>0.0294373</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 AIRWAYS INTERNATIONAL</name>
        <lei>2549006AD13IKWER8227</lei>
        <title>THAI AIRWAYS INTL PCL FOR FOREIGN SH. THB10.0 A</title>
        <cusip>688886001</cusip>
        <identifiers>
          <isin value="TH0245010010"/>
        </identifiers>
        <balance>5020800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1147033.410000</valUSD>
        <pctVal>0.0355955</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 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>421000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.345000"/>
        <valUSD>278760.250000</valUSD>
        <pctVal>0.0086507</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>ADARO ENERGY TBK</name>
        <lei>529900P2WAH7XA87OI24</lei>
        <title>ADARO ENERGY TBK PT COMMON STOCK IDR100.</title>
        <cusip>B3BQFC902</cusip>
        <identifiers>
          <isin value="ID1000111305"/>
        </identifiers>
        <balance>22709700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>2537839.010000</valUSD>
        <pctVal>0.0787559</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 SANTANDER MEXICO SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO SANTAND</name>
        <lei>SCRYQ25DTVRHYYMM6P89</lei>
        <title>BANCO SANTANDER MEXICO SA IN COMMON STOCK NPV</title>
        <cusip>BF1FXN906</cusip>
        <identifiers>
          <isin value="MX41BS060005"/>
        </identifiers>
        <balance>1484700.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>2028285.120000</valUSD>
        <pctVal>0.0629431</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>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>696600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>313381.170000</valUSD>
        <pctVal>0.0097251</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>3324504.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>5931659.200000</valUSD>
        <pctVal>0.1840752</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>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>89075.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1340809.110000</valUSD>
        <pctVal>0.0416089</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>TIM PARTICIPACOES SA</name>
        <lei>529900UXXIJCZN232R31</lei>
        <title>TIM PARTICIPACOES SA ADR ADR</title>
        <cusip>88706P205</cusip>
        <identifiers>
          <isin value="US88706P2056"/>
        </identifiers>
        <balance>184133.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3518781.630000</valUSD>
        <pctVal>0.1091972</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>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>301000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>599808.950000</valUSD>
        <pctVal>0.0186137</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>TIMES NEIGHBORHOOD HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>TIMES NEIGHBORHOOD HOLDINGS COMMON STOCK HKD.01</title>
        <cusip>965RDA909</cusip>
        <identifiers>
          <isin value="KYG8903A1013"/>
        </identifiers>
        <balance>115769.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>72055.700000</valUSD>
        <pctVal>0.0022361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</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>292000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>498367.480000</valUSD>
        <pctVal>0.0154657</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>TISCO FINANCE PUBLIC</name>
        <lei>529900OOUQI3OWX2WU06</lei>
        <title>TISCO FINANCIAL FOREIGN FOREIGN SH. THB10.0 A</title>
        <cusip>B3KFW7908</cusip>
        <identifiers>
          <isin value="TH0999010Z11"/>
        </identifiers>
        <balance>398300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1318642.180000</valUSD>
        <pctVal>0.0409210</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>TMB BANK PCL</name>
        <lei>549300WKGLXEV3DB7I54</lei>
        <title>TMB BANK PUBLIC CORP FOREIGN FOREIGN SH. THB.95 A</title>
        <cusip>688788900</cusip>
        <identifiers>
          <isin value="TH0068010Z15"/>
        </identifiers>
        <balance>26807100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1501353.320000</valUSD>
        <pctVal>0.0465910</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>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>107534.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>485173.650000</valUSD>
        <pctVal>0.0150562</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>641800.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>599351.860000</valUSD>
        <pctVal>0.0185995</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>1332200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>7108420.220000</valUSD>
        <pctVal>0.2205932</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>1434600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>2546304.740000</valUSD>
        <pctVal>0.0790186</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 CIMB NIAGA TBK PT</name>
        <lei>549300NZ97UNGBXAPM35</lei>
        <title>BANK CIMB NIAGA TBK PT COMMON STOCK</title>
        <cusip>B00ZNP902</cusip>
        <identifiers>
          <isin value="ID1000098007"/>
        </identifiers>
        <balance>2471500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>171712.600000</valUSD>
        <pctVal>0.0053287</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>BANK DANAMON INDONESIA TBK</name>
        <lei>254900XB9K06L7PWEP97</lei>
        <title>BANK DANAMON INDONESIA TBK COMMON STOCK</title>
        <cusip>658003900</cusip>
        <identifiers>
          <isin value="ID1000094204"/>
        </identifiers>
        <balance>3698600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>1051470.360000</valUSD>
        <pctVal>0.0326299</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>TRANSMISSORA ALIANCA DE ENERGIA ELETRICA</name>
        <lei>N/A</lei>
        <title>TRANSMISSORA ALIANCA DE UNIT UNIT</title>
        <cusip>B1G8KX909</cusip>
        <identifiers>
          <isin value="BRTAEECDAM10"/>
        </identifiers>
        <balance>179100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>1391756.060000</valUSD>
        <pctVal>0.0431899</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>BANK HANDLOWY W WARSZAWIE</name>
        <lei>XLEZHWWOI4HFQDGL4793</lei>
        <title>BANK HANDLOWY W WARSZAWIE SA COMMON STOCK PLN4.</title>
        <cusip>525606901</cusip>
        <identifiers>
          <isin value="PLBH00000012"/>
        </identifiers>
        <balance>21749.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>296949.890000</valUSD>
        <pctVal>0.0092151</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>BANK MANDIRI PERSERO TBK PT</name>
        <lei>549300RSKQN4Z5ZSGH94</lei>
        <title>BANK MANDIRI PERSERO TBK PT COMMON STOCK IDR250.0</title>
        <cusip>665104907</cusip>
        <identifiers>
          <isin value="ID1000095003"/>
        </identifiers>
        <balance>5024400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>2776300.110000</valUSD>
        <pctVal>0.0861560</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>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>390194.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>1373154.900000</valUSD>
        <pctVal>0.0426127</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>TSOGO SUN GAMING LTD</name>
        <lei>N/A</lei>
        <title>TSOGO SUN GAMING LTD COMMON STOCK ZAR.02</title>
        <cusip>BKF1BG900</cusip>
        <identifiers>
          <isin value="ZAE000273116"/>
        </identifiers>
        <balance>196644.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>172410.990000</valUSD>
        <pctVal>0.0053504</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>TSOGO SUN HOTELS LIMITED</name>
        <lei>N/A</lei>
        <title>TSOGO SUN HOTELS LTD COMMON STOCK</title>
        <cusip>BKF1CS903</cusip>
        <identifiers>
          <isin value="ZAE000272522"/>
        </identifiers>
        <balance>196644.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>55036.730000</valUSD>
        <pctVal>0.0017079</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>BANK NEGARA INDONESIA TBK PT</name>
        <lei>549300HZ8J3MLVXQ8F85</lei>
        <title>BANK NEGARA INDONESIA PERSER COMMON STOCK IDR7500.</title>
        <cusip>672712908</cusip>
        <identifiers>
          <isin value="ID1000096605"/>
        </identifiers>
        <balance>4879400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>2754501.120000</valUSD>
        <pctVal>0.0854795</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>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>104590.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>2228519.590000</valUSD>
        <pctVal>0.0691569</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>2736020.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>6646265.830000</valUSD>
        <pctVal>0.2062514</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="3775393.960000"/>
        </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>5112605.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>6330216.270000</valUSD>
        <pctVal>0.1964435</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="762148.770000"/>
        </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>2633814.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>6108616.900000</valUSD>
        <pctVal>0.1895667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURKIYE GARANTI BANKASI ANONIM SIRKETI</name>
        <lei>5493002XSS7K7RHN1V37</lei>
        <title>TURKIYE GARANTI BANKASI COMMON STOCK TRY1.</title>
        <cusip>B03MYP906</cusip>
        <identifiers>
          <isin value="TRAGARAN91N1"/>
        </identifiers>
        <balance>7495550.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>14037825.800000</valUSD>
        <pctVal>0.4356312</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>10912120.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>10837048.500000</valUSD>
        <pctVal>0.3363025</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="4913210.930000"/>
        </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>15551340.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>16747729.240000</valUSD>
        <pctVal>0.5197267</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1757503.490000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURKIYE SISE VE CAM FABRIKALARI AS</name>
        <lei>789000KWOK751Q6R8875</lei>
        <title>TURK SISE VE CAM FABRIKALARI COMMON STOCK TRY1.</title>
        <cusip>B03MXR903</cusip>
        <identifiers>
          <isin value="TRASISEW91Q3"/>
        </identifiers>
        <balance>1685463.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>1492369.680000</valUSD>
        <pctVal>0.0463122</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>9208570.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>8523275.310000</valUSD>
        <pctVal>0.2645000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2689534.760000"/>
        </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>71100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>452578.230000</valUSD>
        <pctVal>0.0140447</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>UMW HOLDINGS</name>
        <lei>N/A</lei>
        <title>UMW HOLDINGS BHD COMMON STOCK</title>
        <cusip>691082002</cusip>
        <identifiers>
          <isin value="MYL4588OO009"/>
        </identifiers>
        <balance>746200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>820241.720000</valUSD>
        <pctVal>0.0254543</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>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>2114640.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>5243942.430000</valUSD>
        <pctVal>0.1627335</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>UNION BANK OF INDIA</name>
        <lei>5493000P4HD6132SQ711</lei>
        <title>UNION BANK OF INDIA COMMON STOCK INR10.0</title>
        <cusip>657963906</cusip>
        <identifiers>
          <isin value="INE692A01016"/>
        </identifiers>
        <balance>5278280.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>4054581.700000</valUSD>
        <pctVal>0.1258245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIPRO PJSC</name>
        <lei>N/A</lei>
        <title>UNIPRO PJSC COMMON STOCK RUB.4</title>
        <cusip>B196FC903</cusip>
        <identifiers>
          <isin value="RU000A0JNGA5"/>
        </identifiers>
        <balance>10847000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>485846.330000</valUSD>
        <pctVal>0.0150771</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>27729000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>15194093.390000</valUSD>
        <pctVal>0.4715132</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>VALE SA</name>
        <lei>254900SMTWBX7RU2SR20</lei>
        <title>VALE SA COMMON STOCK</title>
        <cusip>219628005</cusip>
        <identifiers>
          <isin value="BRVALEACNOR0"/>
        </identifiers>
        <balance>1087139.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>14465110.970000</valUSD>
        <pctVal>0.4488910</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>VEDANTA LTD (AKA: SESA GOA LTD)</name>
        <lei>335800XDKX9KB5EMCO07</lei>
        <title>VEDANTA LTD COMMON STOCK INR1.0</title>
        <cusip>613604909</cusip>
        <identifiers>
          <isin value="INE205A01025"/>
        </identifiers>
        <balance>4852793.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>10380034.290000</valUSD>
        <pctVal>0.3221202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VESTEL ELEKTRONIK SANAYI VE TI</name>
        <lei>789000X20ITI3ANQEL70</lei>
        <title>VESTEL ELEKTRONIK SANAYI COMMON STOCK TRY1.</title>
        <cusip>B03MZB906</cusip>
        <identifiers>
          <isin value="TRAVESTL91H6"/>
        </identifiers>
        <balance>744912.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>1579378.350000</valUSD>
        <pctVal>0.0490123</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1261531.490000"/>
        </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>2218100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>6189708.210000</valUSD>
        <pctVal>0.1920832</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>144200.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2043314.000000</valUSD>
        <pctVal>0.0634095</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>55928.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>460409.710000</valUSD>
        <pctVal>0.0142877</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>VODAFONE IDEA LTD (AKA: IDEA CELLULAR LTD)</name>
        <lei>335800UBBFAK7HCF3209</lei>
        <title>VODAFONE IDEA LTD COMMON STOCK INR10.0</title>
        <cusip>B1MP4H907</cusip>
        <identifiers>
          <isin value="INE669E01016"/>
        </identifiers>
        <balance>48825658.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>4206858.780000</valUSD>
        <pctVal>0.1305501</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>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>1449140000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1072829.980000</valUSD>
        <pctVal>0.0332928</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>1390000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.907500"/>
        <valUSD>3980880.600000</valUSD>
        <pctVal>0.1235373</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>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>934000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>872415.790000</valUSD>
        <pctVal>0.0270734</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>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>891000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1880655.470000</valUSD>
        <pctVal>0.0583618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF BARODA</name>
        <lei>549300CQ6M9Q0TJEZR23</lei>
        <title>BANK OF BARODA FOREIGN COMMON STOCK INR2.0</title>
        <cusip>ACI0BHS88</cusip>
        <identifiers>
          <isin value="INE028A01039"/>
        </identifiers>
        <balance>2553198.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3647611.480000</valUSD>
        <pctVal>0.1131951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF CHINA LIMITED</name>
        <lei>54930053HGCFWVHYZX42</lei>
        <title>BANK OF CHINA LTD H COMMON STOCK CNY1.0</title>
        <cusip>B15456906</cusip>
        <identifiers>
          <isin value="CNE1000001Z5"/>
        </identifiers>
        <balance>142532000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>60929315.890000</valUSD>
        <pctVal>1.8907992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF COMMUNICATIONS CO LTD</name>
        <lei>549300AX1UM10U30HK09</lei>
        <title>BANK OF COMMUNICATIONS CO H COMMON STOCK CNY1.0</title>
        <cusip>B0B8Z2908</cusip>
        <identifiers>
          <isin value="CNE100000205"/>
        </identifiers>
        <balance>21221000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>15079292.980000</valUSD>
        <pctVal>0.4679507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF INDIA LIMITED</name>
        <lei>21380058KMSRJIL8C294</lei>
        <title>BANK OF INDIA COMMON STOCK INR10.0</title>
        <cusip>609978903</cusip>
        <identifiers>
          <isin value="INE084A01016"/>
        </identifiers>
        <balance>1575901.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1555295.280000</valUSD>
        <pctVal>0.0482650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WINBOND ELECTRONICS CORP</name>
        <lei>254900STBMBTLA91J410</lei>
        <title>WINBOND ELECTRONICS CORP COMMON STOCK TWD10.</title>
        <cusip>696651900</cusip>
        <identifiers>
          <isin value="TW0002344009"/>
        </identifiers>
        <balance>543000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>354860.600000</valUSD>
        <pctVal>0.0110123</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 COMMON STOCK INR2.</title>
        <cusip>620605907</cusip>
        <identifiers>
          <isin value="INE075A01022"/>
        </identifiers>
        <balance>148239.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>510439.050000</valUSD>
        <pctVal>0.0158403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WISTRON CORPORATION</name>
        <lei>254900DIEONKUALBFM06</lei>
        <title>WISTRON CORP COMMON STOCK TWD10.</title>
        <cusip>667248900</cusip>
        <identifiers>
          <isin value="TW0003231007"/>
        </identifiers>
        <balance>8606515.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>8148024.640000</valUSD>
        <pctVal>0.2528549</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>WOOLWORTHS HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>WOOLWORTHS HOLDINGS LTD COMMON STOCK</title>
        <cusip>B06KZ9902</cusip>
        <identifiers>
          <isin value="ZAE000063863"/>
        </identifiers>
        <balance>907733.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>3154334.910000</valUSD>
        <pctVal>0.0978874</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>WOORI FINANCIAL GROUP INC</name>
        <lei>N/A</lei>
        <title>WOORI FINANCIAL GROUP INC COMMON STOCK KRW5000.0</title>
        <cusip>BGHWH9909</cusip>
        <identifiers>
          <isin value="KR7316140003"/>
        </identifiers>
        <balance>350623.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>3510451.600000</valUSD>
        <pctVal>0.1089387</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>BANK PEKAO (BANK POLSKA KASA OPIEKI)</name>
        <lei>5493000LKS7B3UTF7H35</lei>
        <title>BANK PEKAO SA COMMON STOCK PLN1.0</title>
        <cusip>547311902</cusip>
        <identifiers>
          <isin value="PLPEKAO00016"/>
        </identifiers>
        <balance>300860.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>7961808.800000</valUSD>
        <pctVal>0.2470762</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>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>2996320.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3909646.050000</valUSD>
        <pctVal>0.1213267</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>16351200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>5175577.350000</valUSD>
        <pctVal>0.1606120</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>191332.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6603587.680000</valUSD>
        <pctVal>0.2049269</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>BANK TABUNGAN NEGARA TBK PT</name>
        <lei>2549009BLYOGL9ZLAW17</lei>
        <title>BANK TABUNGAN NEGARA PERSERO COMMON STOCK IDR500.</title>
        <cusip>939MSR900</cusip>
        <identifiers>
          <isin value="ID1000113707"/>
        </identifiers>
        <balance>2049500.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>312452.590000</valUSD>
        <pctVal>0.0096962</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>XL AXIATA TBK PT (AKA: EXCELCOMINDO PRATAMA PT)</name>
        <lei>529900GV66NMGZLKFS48</lei>
        <title>XL AXIATA TBK PT COMMON STOCK IDR100.0</title>
        <cusip>B0LD0W908</cusip>
        <identifiers>
          <isin value="ID1000102502"/>
        </identifiers>
        <balance>2878100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="13882.500000"/>
        <valUSD>652440.920000</valUSD>
        <pctVal>0.0202470</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>YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>YANGZIJIANG SHIPBUILDING COMMON STOCK</title>
        <cusip>B1VT03904</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
        </identifiers>
        <balance>1972900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.345000"/>
        <valUSD>1644544.430000</valUSD>
        <pctVal>0.0510346</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>14837672.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="5.949000"/>
        <valUSD>6182924.520000</valUSD>
        <pctVal>0.1918726</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="3767521.710000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YES BANK LIMITED</name>
        <lei>335800X6WKDDXJUSFZ86</lei>
        <title>YES BANK LTD COMMON STOCK INR2.0</title>
        <cusip>BF0GLF905</cusip>
        <identifiers>
          <isin value="INE528G01027"/>
        </identifiers>
        <balance>1200718.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>789789.450000</valUSD>
        <pctVal>0.0245093</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>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>2868514.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>540287.640000</valUSD>
        <pctVal>0.0167666</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>9328000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>6288438.040000</valUSD>
        <pctVal>0.1951470</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>BANPU PUBLIC COMPANY LIMITED</name>
        <lei>529900AJ2Z6SUR6TSW75</lei>
        <title>BANPU PUBLIC CO LTD FOR REG FOREIGN SH. THB1.0 A</title>
        <cusip>BJFHBT900</cusip>
        <identifiers>
          <isin value="TH0148A10Z14"/>
        </identifiers>
        <balance>3909300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>1550714.300000</valUSD>
        <pctVal>0.0481228</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="312810.380000"/>
        </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>18520000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>4278326.060000</valUSD>
        <pctVal>0.1327679</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>3036000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>1981736.160000</valUSD>
        <pctVal>0.0614986</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>YUZHOU PROPERTIES CO</name>
        <lei>213800MP59KHGJSPHE82</lei>
        <title>YUZHOU PROPERTIES CO COMMON STOCK HKD.1</title>
        <cusip>B51QBN908</cusip>
        <identifiers>
          <isin value="KYG9884T1013"/>
        </identifiers>
        <balance>3886000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2137931.350000</valUSD>
        <pctVal>0.0663457</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>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>104513.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.793900"/>
        <valUSD>806594.970000</valUSD>
        <pctVal>0.0250308</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>ZALL SMART COMMERCE LTD (AKA: ZALL GROUP LTD)</name>
        <lei>N/A</lei>
        <title>ZALL SMART COMMERCE LTD COMMON STOCK HKD.00334</title>
        <cusip>BYZTNN909</cusip>
        <identifiers>
          <isin value="KYG9888C1125"/>
        </identifiers>
        <balance>3369000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>328585.910000</valUSD>
        <pctVal>0.0101969</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="253583.200000"/>
        </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>2696000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2457886.140000</valUSD>
        <pctVal>0.0762748</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>731000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977000"/>
        <valUSD>3507391.280000</valUSD>
        <pctVal>0.1088437</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>ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO LTD</name>
        <lei>529900QZ3EMAU0QKFK85</lei>
        <title>ZOOMLION HEAVY INDUSTRY   H COMMON STOCK CNY1.0</title>
        <cusip>B544N7906</cusip>
        <identifiers>
          <isin value="CNE100000X85"/>
        </identifiers>
        <balance>2648200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>2219835.140000</valUSD>
        <pctVal>0.0688874</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="2219834.270000"/>
        </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>558824.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006000"/>
        <valUSD>4497803.050000</valUSD>
        <pctVal>0.1395788</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>47041.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="62.066200"/>
        <valUSD>1305510.200000</valUSD>
        <pctVal>0.0405135</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>BBMG CORPORATION</name>
        <lei>529900T6R2GKVJ9Y2J16</lei>
        <title>BBMG CORP H COMMON STOCK CNY1.0</title>
        <cusip>B3NFC5901</cusip>
        <identifiers>
          <isin value="CNE100000F20"/>
        </identifiers>
        <balance>1128000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>346157.020000</valUSD>
        <pctVal>0.0107422</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>BEIJING CAPITAL INTERNATIONAL AIRPORT CO</name>
        <lei>5299001QWQN7CK66FE04</lei>
        <title>BEIJING CAPITAL INTL AIRPO H COMMON STOCK CNY1.0</title>
        <cusip>620842906</cusip>
        <identifiers>
          <isin value="CNE100000221"/>
        </identifiers>
        <balance>326000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>315779.670000</valUSD>
        <pctVal>0.0097995</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>BEIJING CAPITAL LAND LTD</name>
        <lei>5299009MHF10PSNVFD17</lei>
        <title>BEIJING CAPITAL LAND LTD H COMMON STOCK CNY1.0</title>
        <cusip>662336908</cusip>
        <identifiers>
          <isin value="CNE100000239"/>
        </identifiers>
        <balance>2938000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>825313.580000</valUSD>
        <pctVal>0.0256117</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="825032.670000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ENTERPRISES HOLDINGS LIMITED</name>
        <lei>529900896ODARUEY2V26</lei>
        <title>BEIJING ENTERPRISES HLDGS COMMON STOCK</title>
        <cusip>608169900</cusip>
        <identifiers>
          <isin value="HK0392044647"/>
        </identifiers>
        <balance>303000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1390334.960000</valUSD>
        <pctVal>0.0431458</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>BEIJING NORTH STAR COMPANY LIMITED</name>
        <lei>529900JJLWU1AYG2NT48</lei>
        <title>BEIJING NORTH STAR CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>608426904</cusip>
        <identifiers>
          <isin value="CNE100000262"/>
        </identifiers>
        <balance>570000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>186585.670000</valUSD>
        <pctVal>0.0057903</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>BERJAYA CORP BHD (AKA: BERJAYA GROUP BERHAD)</name>
        <lei>N/A</lei>
        <title>BERJAYA CORP BHD COMMON STOCK MYR1.</title>
        <cusip>B0W1VM900</cusip>
        <identifiers>
          <isin value="MYL3395OO000"/>
        </identifiers>
        <balance>4595200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>281206.470000</valUSD>
        <pctVal>0.0087266</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>BHARAT HEAVY ELECTRICALS LIMITED</name>
        <lei>3358007X5FQ2R445Z747</lei>
        <title>BHARAT HEAVY ELECTRICALS COMMON STOCK INR2.</title>
        <cusip>ACI00W574</cusip>
        <identifiers>
          <isin value="INE257A01026"/>
        </identifiers>
        <balance>2859086.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>1741198.940000</valUSD>
        <pctVal>0.0540340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARAT PETROLEUM CORPORATION LIMITED</name>
        <lei>8GRDBX1TJ0PU5NCSHT72</lei>
        <title>BHARAT PETROLEUM CORP LTD COMMON STOCK INR10.</title>
        <cusip>609972906</cusip>
        <identifiers>
          <isin value="INE029A01011"/>
        </identifiers>
        <balance>682633.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>4695451.470000</valUSD>
        <pctVal>0.1457124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARTI AIRTEL LIMITED</name>
        <lei>335800KQ1FPKOQ84OR26</lei>
        <title>BHARTI AIRTEL LTD FOREIGN COMMON STOCK INR5.0</title>
        <cusip>644232902</cusip>
        <identifiers>
          <isin value="INE397D01024"/>
        </identifiers>
        <balance>540335.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="71.378200"/>
        <valUSD>3450421.350000</valUSD>
        <pctVal>0.1070758</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>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>975863.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000"/>
        <valUSD>6450236.040000</valUSD>
        <pctVal>0.2001680</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>131100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>1333317.840000</valUSD>
        <pctVal>0.0413764</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>BOC HONG KONG (HOLDINGS) LIMITED</name>
        <lei>N/A</lei>
        <title>BOC HONG KONG HOLDINGS LTD COMMON STOCK</title>
        <cusip>653611905</cusip>
        <identifiers>
          <isin value="HK2388011192"/>
        </identifiers>
        <balance>1952000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>6776219.840000</valUSD>
        <pctVal>0.2102842</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>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>165300.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>745409.270000</valUSD>
        <pctVal>0.0231320</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>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>282600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.953700"/>
        <valUSD>2006698.060000</valUSD>
        <pctVal>0.0622732</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>BRASKEM SA</name>
        <lei>549300RPMQUFGBB7EY44</lei>
        <title>BRASKEM SA PREF A PREFERENCE</title>
        <cusip>B0774N903</cusip>
        <identifiers>
          <isin value="BRBRKMACNPA4"/>
        </identifiers>
        <balance>319200.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>2382361.540000</valUSD>
        <pctVal>0.0739310</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>1004900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.022700"/>
        <valUSD>8820917.120000</valUSD>
        <pctVal>0.2737366</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>5299009MHF10PSNVFD17</lei>
        <title>BEIJING CAPITAL LAND LTD RIGHT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNR100000116"/>
        </identifiers>
        <balance>1469000.000000</balance>
        <units>NC</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300"/>
        <valUSD>51842.840000</valUSD>
        <pctVal>0.0016088</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="See item: C.11.b counterparty" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>STOCK EXCHANGE OF HONG KONG LTD</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BEIJING CAPITAL LAND LTD</issuerName>
                <issueTitle>BEIJING CAPITAL LAND LTD-H</issueTitle>
                <identifiers>
                  <isin value="CNE100000239"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>N/A</shareNo>
            <exercisePrice>0.000000</exercisePrice>
            <exercisePriceCurCd>HKD</exercisePriceCurCd>
            <expDt>2020-01-15</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>51842.840000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="51824.830000"/>
        </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>238600.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.090500"/>
        <valUSD>880245.070000</valUSD>
        <pctVal>0.0273164</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>
    </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>
