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        <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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000085346"/>
        </identifiers>
        <balance>1199.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.28750000"/>
        <valUSD>40307.38000000</valUSD>
        <pctVal>0.989181411618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VINATI ORGANICS LIMITED</name>
        <lei>254900Q2IRNXURG92U10</lei>
        <title>VINATI ORGANICS LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE410B01037"/>
        </identifiers>
        <balance>479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>10035.75000000</valUSD>
        <pctVal>0.246286842549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Chihong Zinc &amp; Germanium Co., Ltd.</name>
        <lei>3003001EM2VD5NJ1WN41</lei>
        <title>YUNNAN CHIHONG ZINC &amp; GERM-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001HC5"/>
        </identifiers>
        <balance>11900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8439.60000000</valUSD>
        <pctVal>0.207115804636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SDIC Power Holdings Co., Ltd.</name>
        <lei>300300LQJ91PHBNFC721</lei>
        <title>SDIC POWER HOLDINGS CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JM2"/>
        </identifiers>
        <balance>4006.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7414.98000000</valUSD>
        <pctVal>0.181970656081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF CHENGDU CO., LTD.</name>
        <lei>30030030JPOKGL9K5418</lei>
        <title>BANK OF CHENGDU CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002SN6"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>13915.68000000</valUSD>
        <pctVal>0.341504012069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Tin Co., Ltd.</name>
        <lei>3003005QWPI5MVQF6K65</lei>
        <title>YUNNAN TIN CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011D3"/>
        </identifiers>
        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7642.05000000</valUSD>
        <pctVal>0.187543169679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOVKOMFLOT PAO</name>
        <lei>253400DYLWR5A6YAWJ69</lei>
        <title>SOVCOMFLOT OAO COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JXNU8"/>
        </identifiers>
        <balance>9110.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="89.40000000"/>
        <valUSD>0.00010190</valUSD>
        <pctVal>0.000000002500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Construction Group Co., Ltd.</name>
        <lei>3003009M1GRD07UMUZ33</lei>
        <title>SHANGHAI CONSTRUCTION GROU-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WR4"/>
        </identifiers>
        <balance>5900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>1938.88000000</valUSD>
        <pctVal>0.047581957829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETRONAS CHEMICALS GROUP BERHAD</name>
        <lei>N/A</lei>
        <title>PETRONAS CHEMICALS GROUP BHD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5183OO008"/>
        </identifiers>
        <balance>52300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.59500000"/>
        <valUSD>81494.67000000</valUSD>
        <pctVal>1.999956650865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenergy Company Limited</name>
        <lei>300300PA40YYCBW4WW70</lei>
        <title>SHENERGY COMPANY LIMITED-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000005Q7"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7573.52000000</valUSD>
        <pctVal>0.185861378351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Energy Group Co., Ltd.</name>
        <lei>300300CCBNLFTQ4T2443</lei>
        <title>SHENZHEN ENERGY GROUP CO L-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000933"/>
        </identifiers>
        <balance>11100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>10054.63000000</valUSD>
        <pctVal>0.246750175692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Jiangsu Co., Ltd.</name>
        <lei>300300C1086832000046</lei>
        <title>BANK OF JIANGSU CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002G76"/>
        </identifiers>
        <balance>35155.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>33029.09000000</valUSD>
        <pctVal>0.810565258041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY411571011"/>
        </identifiers>
        <balance>18250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.37500000"/>
        <valUSD>81338.15000000</valUSD>
        <pctVal>1.996115501315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Construction Group Co., Ltd.</name>
        <lei>3003009M1GRD07UMUZ33</lei>
        <title>SHANGHAI CONSTRUCTION GROU-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WR4"/>
        </identifiers>
        <balance>14400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>4732.19000000</valUSD>
        <pctVal>0.116132439871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sichuan Road &amp; Bridge Group Co.,Ltd.</name>
        <lei>3003007YDF25LKX9OI30</lei>
        <title>SICHUAN ROAD &amp; BRIDGE CO LT-A COMMON STOCK</title>
        <cusip>Y7932N100</cusip>
        <identifiers>
          <isin value="CNE000001DQ4"/>
        </identifiers>
        <balance>16800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>17671.54000000</valUSD>
        <pctVal>0.433676385879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Zhongtian Technology Co., Ltd.</name>
        <lei>3003006LG5TV3D5D3508</lei>
        <title>JIANGSU ZHONGTIAN TECHNOLO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001CW4"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>13155.49000000</valUSD>
        <pctVal>0.322848227017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing New Building Materials Public Limited Company</name>
        <lei>3003000VY5ALEC09Q824</lei>
        <title>BEIJING NEW BUILDING MATER-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000QS4"/>
        </identifiers>
        <balance>3708.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>12164.55000000</valUSD>
        <pctVal>0.298529617670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NARI Technology Co., Ltd.</name>
        <lei>3003006IGH1W58MAQM05</lei>
        <title>NARI TECHNOLOGY CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G38"/>
        </identifiers>
        <balance>18252.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>57212.12000000</valUSD>
        <pctVal>1.404039796763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sieyuan Electric Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SIEYUAN ELECTRIC CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001KM8"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>11693.40000000</valUSD>
        <pctVal>0.286967148909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NANJING CO., LTD.</name>
        <lei>300300C1086932000062</lei>
        <title>BANK OF NANJING CO LTD -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000627"/>
        </identifiers>
        <balance>19491.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>20201.05000000</valUSD>
        <pctVal>0.495752965217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Pabrik Kertas Tjiwi Kimia Tbk</name>
        <lei>529900AYY9T852XBBO93</lei>
        <title>PABRIK KERTAS TJIWI KIMIA PT COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000060403"/>
        </identifiers>
        <balance>25900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15397.00000000"/>
        <valUSD>12279.66000000</valUSD>
        <pctVal>0.301354526466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENAN SHENHUO COAL &amp; POWER CO.,LTD</name>
        <lei>300300GF8XK44CSHXV64</lei>
        <title>HENAN SHENHUO COAL &amp; POWER-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001097"/>
        </identifiers>
        <balance>5300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>12504.56000000</valUSD>
        <pctVal>0.306873786201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001Q02"/>
        </identifiers>
        <balance>23900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8122.63000000</valUSD>
        <pctVal>0.199337059601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000FX6"/>
        </identifiers>
        <balance>23600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>10141.84000000</valUSD>
        <pctVal>0.248890391973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Range Intelligent Computing Technology Group Co Ltd</name>
        <lei>N/A</lei>
        <title>RANGE INTELLIGENT COMPUTI-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001Z58"/>
        </identifiers>
        <balance>3400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>12113.87000000</valUSD>
        <pctVal>0.297285882306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000108509"/>
        </identifiers>
        <balance>7400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15397.00000000"/>
        <valUSD>12327.73000000</valUSD>
        <pctVal>0.302534209949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA LONGYUAN POWER GROUP CORPORATION LIMITED</name>
        <lei>5299008UYLF3O6V9T464</lei>
        <title>CHINA LONGYUAN POWER GROUP-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000HD4"/>
        </identifiers>
        <balance>26000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>19711.73000000</valUSD>
        <pctVal>0.483744587389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Electric Group Company Limited</name>
        <lei>529900WHVV4GODE91T37</lei>
        <title>SHANGHAI ELECTRIC GRP CO L-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000D55"/>
        </identifiers>
        <balance>29500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>17275.93000000</valUSD>
        <pctVal>0.423967740508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PI INDUSTRIES LIMITED</name>
        <lei>335800PEGP94E4CC1D11</lei>
        <title>PI INDUSTRIES LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE603J01030"/>
        </identifiers>
        <balance>1555.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>65700.97000000</valUSD>
        <pctVal>1.612364243205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000007Z2"/>
        </identifiers>
        <balance>32500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>14484.12000000</valUSD>
        <pctVal>0.355454069891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY444251177"/>
        </identifiers>
        <balance>49442.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.37500000"/>
        <valUSD>34062.52000000</valUSD>
        <pctVal>0.835926612369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liaoning Port Co., Ltd.</name>
        <lei>529900N68F8UROUIBV86</lei>
        <title>LIAONING PORT CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000X77"/>
        </identifiers>
        <balance>43400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8837.74000000</valUSD>
        <pctVal>0.216886538611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CRRC Corporation Limited</name>
        <lei>30030099HATQH2XC0B72</lei>
        <title>CRRC CORP LTD - H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000BG0"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>15419.00000000</valUSD>
        <pctVal>0.378396913561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABOITIZ EQUITY VENTURES INC.</name>
        <lei>254900MDNXYJKHXO0P61</lei>
        <title>ABOITIZ EQUITY VENTURES INC COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY0001Z1040"/>
        </identifiers>
        <balance>31040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.37500000"/>
        <valUSD>25000.16000000</valUSD>
        <pctVal>0.613527685487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL4197OO009"/>
        </identifiers>
        <balance>51100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.59500000"/>
        <valUSD>26133.84000000</valUSD>
        <pctVal>0.641349270089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Power Construction Corporation of China, Ltd.</name>
        <lei>300300MX911UESD4EH33</lei>
        <title>POWER CONSTRUCTION CORP OF-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000017G1"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>27469.60000000</valUSD>
        <pctVal>0.674130089938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE GREAT EASTERN SHIPPING COMPANY LIMITED</name>
        <lei>335800GJP7MSMX3Z3727</lei>
        <title>GREAT EASTERN SHIPPING CO COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE017A01032"/>
        </identifiers>
        <balance>1863.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>21868.72000000</valUSD>
        <pctVal>0.536679171900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINGAPORE AIRLINES LIMITED</name>
        <lei>549300ZG62N2599PWR15</lei>
        <title>SINGAPORE AIRLINES LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1V61937297"/>
        </identifiers>
        <balance>11300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.31910000"/>
        <valUSD>56195.89000000</valUSD>
        <pctVal>1.379100546781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Three Gorges Renewables (Group) Co., Ltd.</name>
        <lei>300300C9638DU18HFK27</lei>
        <title>CHINA THREE GORGES RENEWAB-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000051F2"/>
        </identifiers>
        <balance>66100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>40566.38000000</valUSD>
        <pctVal>0.995537517760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China State Construction Engineering Corporation Limited</name>
        <lei>300300CWW8WOEV3BR645</lei>
        <title>CHINA STATE CONSTRUCTION -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000F46"/>
        </identifiers>
        <balance>95000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>64172.96000000</valUSD>
        <pctVal>1.574865425649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF CHANGSHA CO., LTD.</name>
        <lei>300300C1086243000041</lei>
        <title>BANK OF CHANGSHA CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003F50"/>
        </identifiers>
        <balance>9300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8907.40000000</valUSD>
        <pctVal>0.218596061213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENN Natural Gas Co., Ltd.</name>
        <lei>300300KVDMGNQNP52Z98</lei>
        <title>ENN NATURAL GAS CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000DG7"/>
        </identifiers>
        <balance>5900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>13936.75000000</valUSD>
        <pctVal>0.342021089893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ENTERPRISES HOLDINGS LIMITED</name>
        <lei>529900896ODARUEY2V26</lei>
        <title>BEIJING ENTERPRISES HLDGS COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0392044647"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>13907.83000000</valUSD>
        <pctVal>0.341311365609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OTOKAR OTOMOTIV VE SAVUNMA SANAYI ANONIM SIRKETI</name>
        <lei>5493000NBAE8C7SELC90</lei>
        <title>OTOKAR OTOMOTIV VE SAVUNMA COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAOTKAR91H3"/>
        </identifiers>
        <balance>785.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="29.53400000"/>
        <valUSD>11309.59000000</valUSD>
        <pctVal>0.277548086752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China National Building Material Company Limited</name>
        <lei>52990085PGF8YEPLBZ26</lei>
        <title>CHINA NATIONAL BUILDING MA-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002N9"/>
        </identifiers>
        <balance>31000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>13259.82000000</valUSD>
        <pctVal>0.325408584368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Deye Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>NINGBO DEYE TECHNOLOGY CO -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000052S3"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>11782.71000000</valUSD>
        <pctVal>0.289158901186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Jiangsu Co., Ltd.</name>
        <lei>300300C1086832000046</lei>
        <title>BANK OF JIANGSU CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002G76"/>
        </identifiers>
        <balance>6200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>5825.07000000</valUSD>
        <pctVal>0.142952753698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai International Port (Group) Co., Ltd.</name>
        <lei>300300DAQ7G1LS22G609</lei>
        <title>SHANGHAI INTERNATIONAL POR-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000013N8"/>
        </identifiers>
        <balance>16010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>11017.19000000</valUSD>
        <pctVal>0.270372312868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NK ROSNEFT' PAO</name>
        <lei>253400JT3MQWNDKMJE44</lei>
        <title>ROSNEFT OIL CO PJSC COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0J2Q06"/>
        </identifiers>
        <balance>33666.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="89.40000000"/>
        <valUSD>0.03765772</valUSD>
        <pctVal>0.000000924156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Mining Co., Ltd.</name>
        <lei>300300QBV4A9N1NDK519</lei>
        <title>WESTERN MINING CO -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000619"/>
        </identifiers>
        <balance>5500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>11022.25000000</valUSD>
        <pctVal>0.270496490077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Ningbo Co., Ltd.</name>
        <lei>300300C1092133000091</lei>
        <title>BANK OF NINGBO CO LTD -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000005P7"/>
        </identifiers>
        <balance>10773.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>30425.11000000</valUSD>
        <pctVal>0.746661114129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSSC Science &amp; Technology Co., Ltd</name>
        <lei>N/A</lei>
        <title>CSSC SCIENCE &amp; TECHNOLOGY -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000QR6"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>9113.00000000</valUSD>
        <pctVal>0.223641680607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURK HAVA YOLLARI ANONIM ORTAKLIGI</name>
        <lei>789000EV8M3BL7ZPFB03</lei>
        <title>TURK HAVA YOLLARI AO COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRATHYAO91M5"/>
        </identifiers>
        <balance>10307.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="29.53400000"/>
        <valUSD>79778.57000000</valUSD>
        <pctVal>1.957841925956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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 COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0646010Z18"/>
        </identifiers>
        <balance>206200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.13250000"/>
        <valUSD>215971.58000000</valUSD>
        <pctVal>5.300147823396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES GAS GROUP LIMITED</name>
        <lei>529900A0E1J5JSOKEK83</lei>
        <title>CHINA RESOURCES GAS GROUP LT COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2113B1081"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>23277.05000000</valUSD>
        <pctVal>0.571240928517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Northern Rare Earth (Group) High-Tech Co., Ltd.</name>
        <lei>300300CY5TYMU38UDM49</lei>
        <title>CHINA NORTHERN RARE EARTH -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000T18"/>
        </identifiers>
        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>19555.66000000</valUSD>
        <pctVal>0.479914481266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing-Shanghai High Speed Railway Co Ltd</name>
        <lei>N/A</lei>
        <title>BEIJING-SHANGHAI HIGH SPE-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003RV9"/>
        </identifiers>
        <balance>112400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>77663.12000000</valUSD>
        <pctVal>1.905926772523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Rural Commercial Bank Co., Ltd.</name>
        <lei>300300C1126750000027</lei>
        <title>CHONGQING RURAL COMMERCIAL-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003NZ9"/>
        </identifiers>
        <balance>20200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>11574.31000000</valUSD>
        <pctVal>0.284044567131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA GAS HOLDINGS LIMITED</name>
        <lei>254900KTSZLZ21VV8T33</lei>
        <title>CHINA GAS HOLDINGS LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2109G1033"/>
        </identifiers>
        <balance>20800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>20537.49000000</valUSD>
        <pctVal>0.504009522556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dongfang Electric Corporation Limited</name>
        <lei>529900ISAW6T566F0R12</lei>
        <title>DONGFANG ELECTRIC CORP LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000J28"/>
        </identifiers>
        <balance>6500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>13345.79000000</valUSD>
        <pctVal>0.327518369870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Power International Development Limited</name>
        <lei>529900MDOW3M0UV2ST42</lei>
        <title>CHINA POWER INTERNATIONAL COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK2380027329"/>
        </identifiers>
        <balance>38000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>13966.74000000</valUSD>
        <pctVal>0.342757072995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUNLUN ENERGY COMPANY LIMITED</name>
        <lei>5299007GRIKP15GM4927</lei>
        <title>KUNLUN ENERGY CO LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5320C1082"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>27047.28000000</valUSD>
        <pctVal>0.663765955783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinomine Resource Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SINOMINE RESOURCE GROUP CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001WV3"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8383.56000000</valUSD>
        <pctVal>0.205740529778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Northern Rare Earth (Group) High-Tech Co., Ltd.</name>
        <lei>300300CY5TYMU38UDM49</lei>
        <title>CHINA NORTHERN RARE EARTH -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000T18"/>
        </identifiers>
        <balance>1324.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>3596.07000000</valUSD>
        <pctVal>0.088250975351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KGHM POLSKA MIEDZ SPOLKA AKCYJNA</name>
        <lei>G30CO71KTT9JDYJESN22</lei>
        <title>KGHM POLSKA MIEDZ SA COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PLKGHM000017"/>
        </identifiers>
        <balance>2578.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.93225000"/>
        <valUSD>80442.65000000</valUSD>
        <pctVal>1.974139080270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Titan Wind Energy (Suzhou) Co., Ltd.</name>
        <lei>3003007ZSZNFX2N7JL66</lei>
        <title>TITAN WIND ENERGY SUZHOU-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000YH0"/>
        </identifiers>
        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>6190.49000000</valUSD>
        <pctVal>0.151920507778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiangtan Electric Manufacturing Co. Ltd.</name>
        <lei>3003000LARJVHCSEYU79</lei>
        <title>XIANGTAN ELECTRIC MANUFACT-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001BY2"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>6244.42000000</valUSD>
        <pctVal>0.153244001230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CGN Power Co., Ltd.</name>
        <lei>529900D2UINCGWQYBK45</lei>
        <title>CGN POWER CO LTD-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T80"/>
        </identifiers>
        <balance>82000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>21422.67000000</valUSD>
        <pctVal>0.525732680993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Joint stock company National atomic company Kazatomprom</name>
        <lei>5493008JG5TXJP2JSY44</lei>
        <title>NAC KAZATOMPROM JSC-GDR REGS DEPOSITARY RECEIPT</title>
        <cusip>63253R201</cusip>
        <identifiers>
          <isin value="US63253R2013"/>
        </identifiers>
        <balance>1209.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>49448.10000000</valUSD>
        <pctVal>1.213503367369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMM PFAUDLER LIMITED</name>
        <lei>335800KCMB1KC4EBZR39</lei>
        <title>GMM PFAUDLER LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE541A01023"/>
        </identifiers>
        <balance>629.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>12184.11000000</valUSD>
        <pctVal>0.299009638659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GK SEGEZHA PAO</name>
        <lei>253400AUENB54PN7LX36</lei>
        <title>SEGEZHA GROUP PJSC COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A102XG9"/>
        </identifiers>
        <balance>78500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="89.40000000"/>
        <valUSD>0.08780761</valUSD>
        <pctVal>0.000002154882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ming Yang Smart Energy Group Limited</name>
        <lei>300300W76R6UJHEZL847</lei>
        <title>MING YANG SMART ENERGY GRO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003HQ0"/>
        </identifiers>
        <balance>4800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8453.22000000</valUSD>
        <pctVal>0.207450052380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gongniu Group Co Ltd</name>
        <lei>N/A</lei>
        <title>GONGNIU GROUP CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003RL0"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>13432.86000000</valUSD>
        <pctVal>0.329655150418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIA Engineering Ltd</name>
        <lei>3358009DFG4JFX1O8H85</lei>
        <title>AIA ENGINEERING LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE212H01026"/>
        </identifiers>
        <balance>791.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>35071.06000000</valUSD>
        <pctVal>0.860677142442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenergy Company Limited</name>
        <lei>300300PA40YYCBW4WW70</lei>
        <title>SHENERGY COMPANY LIMITED-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000005Q7"/>
        </identifiers>
        <balance>2819.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>2541.64000000</valUSD>
        <pctVal>0.062374261066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jinduicheng Molybdenum Co Ltd</name>
        <lei>N/A</lei>
        <title>JINDUICHENG MOLYBDENUM CO -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000009Y1"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>9953.52000000</valUSD>
        <pctVal>0.244268840201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMK NORIL'SKIY NIKEL' PAO</name>
        <lei>253400JPTEEW143W3E47</lei>
        <title>MMC NORILSK NICKEL PJSC COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0007288411"/>
        </identifiers>
        <balance>1239.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="89.40000000"/>
        <valUSD>0.00011087</valUSD>
        <pctVal>0.000000002720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldwind Science &amp; Technology Co., Ltd.</name>
        <lei>3003008X6GR2ZPYM2V54</lei>
        <title>GOLDWIND SCIENCE &amp; TECHNOL-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000008S5"/>
        </identifiers>
        <balance>8100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>9100.36000000</valUSD>
        <pctVal>0.223331482994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhuzhou Kibing Group Co., Ltd.</name>
        <lei>300300RWM4DKUZFOIT68</lei>
        <title>ZHUZHOU KIBING GROUP CO LT-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001666"/>
        </identifiers>
        <balance>6300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>6051.74000000</valUSD>
        <pctVal>0.148515450916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAVIN FLUORINE INTERNATIONAL LIMITED</name>
        <lei>335800OVIUAAKYG44C59</lei>
        <title>NAVIN FLUORINE INTERNATIONAL COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE048G01026"/>
        </identifiers>
        <balance>601.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>27829.21000000</valUSD>
        <pctVal>0.682955261096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Ningbo Co., Ltd.</name>
        <lei>300300C1092133000091</lei>
        <title>BANK OF NINGBO CO LTD -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000005P7"/>
        </identifiers>
        <balance>4073.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>11502.97000000</valUSD>
        <pctVal>0.282293815733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Petroleum &amp; Chemical Corporation</name>
        <lei>529900A2OB24EZ5B3J19</lei>
        <title>CHINA PETROLEUM &amp; CHEMICAL-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002Q2"/>
        </identifiers>
        <balance>190000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>99519.12000000</valUSD>
        <pctVal>2.442293783535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Oriental Yuhong Waterproof Technology Co., Ltd.</name>
        <lei>300300XMIXB7STDZWT60</lei>
        <title>BEIJING ORIENTAL YUHONG-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000CS3"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8089.21000000</valUSD>
        <pctVal>0.198516901040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICL GROUP LTD</name>
        <lei>529900FQVQD88SHIGM04</lei>
        <title>ICL GROUP LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002810146"/>
        </identifiers>
        <balance>14738.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.60090000"/>
        <valUSD>74940.37000000</valUSD>
        <pctVal>1.839107899937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Industries Group Red Arrow Co., Ltd.</name>
        <lei>3003004CY5NZRROH2J42</lei>
        <title>NORTH INDUSTRIES GROUP RED-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000198"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>5520.88000000</valUSD>
        <pctVal>0.135487642009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000006Z4"/>
        </identifiers>
        <balance>33000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>17496.21000000</valUSD>
        <pctVal>0.429373621053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indorama Ventures Public Company Limited</name>
        <lei>N/A</lei>
        <title>INDORAMA VENTURES-FOREIGN COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH1027010012"/>
        </identifiers>
        <balance>34400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.13250000"/>
        <valUSD>27463.56000000</valUSD>
        <pctVal>0.673981862598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SDIC Power Holdings Co., Ltd.</name>
        <lei>300300LQJ91PHBNFC721</lei>
        <title>SDIC POWER HOLDINGS CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JM2"/>
        </identifiers>
        <balance>12900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>23877.48000000</valUSD>
        <pctVal>0.585976051340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINGAPORE TECHNOLOGIES ENGINEERING LTD</name>
        <lei>254900OEXGGWCR24DG90</lei>
        <title>SINGAPORE TECH ENGINEERING COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F60858221"/>
        </identifiers>
        <balance>11900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.31910000"/>
        <valUSD>35092.87000000</valUSD>
        <pctVal>0.861212380569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OVERSEA-CHINESE BANKING CORPORATION LIMITED</name>
        <lei>5493007O3QFXCPOGWK22</lei>
        <title>OVERSEA-CHINESE BANKING CORP COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S04926220"/>
        </identifiers>
        <balance>25312.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.31910000"/>
        <valUSD>249454.93000000</valUSD>
        <pctVal>6.121861053546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF HANGZHOU CO., LTD.</name>
        <lei>300300C1092033000075</lei>
        <title>BANK OF HANGZHOU CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002GQ4"/>
        </identifiers>
        <balance>13700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>19259.19000000</valUSD>
        <pctVal>0.472638825714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Suzhou Co., Ltd.</name>
        <lei>300300C1115332000047</lei>
        <title>BANK OF SUZHOU CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003LQ2"/>
        </identifiers>
        <balance>7400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>6713.48000000</valUSD>
        <pctVal>0.164755179405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI ELECTRIC POWER CO., LTD.</name>
        <lei>3003009ZN0X3RFO4QY68</lei>
        <title>SHANGHAI ELECTRIC POWER CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G53"/>
        </identifiers>
        <balance>6600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7841.47000000</valUSD>
        <pctVal>0.192437125999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WINTIME ENERGY GROUP CO.,LTD.</name>
        <lei>300300W8M7JY3INMAS32</lei>
        <title>WINTIME ENERGY GROUP CO L-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WD4"/>
        </identifiers>
        <balance>51200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>9850.86000000</valUSD>
        <pctVal>0.241749466238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Medco Energi Internasional Tbk</name>
        <lei>254900YN7RH1JFLP4J36</lei>
        <title>MEDCO ENERGI INTERNASIONAL T COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000053705"/>
        </identifiers>
        <balance>116000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15397.00000000"/>
        <valUSD>8701.70000000</valUSD>
        <pctVal>0.213547987725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Publichnaia kompaniia POLYMETAL INTERNATIONAL PLC</name>
        <lei>N/A</lei>
        <title>POLYMETAL INTERNATIONAL PLC COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B6T5S470"/>
        </identifiers>
        <balance>7154.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="89.40000000"/>
        <valUSD>0.00008002</valUSD>
        <pctVal>0.000000001963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SURGUTNEFTEGAZ PAO</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>SURGUTNEFTEGAS PJSC COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0008926258"/>
        </identifiers>
        <balance>143400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="89.40000000"/>
        <valUSD>0.16040268</valUSD>
        <pctVal>0.000003936434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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>N/A</cusip>
        <identifiers>
          <isin value="HK0836012952"/>
        </identifiers>
        <balance>14635.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>29312.92000000</valUSD>
        <pctVal>0.719366914551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AYALA CORPORATION</name>
        <lei>254900QJ68UH8GKNGI69</lei>
        <title>AYALA CORPORATION COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY0486V1154"/>
        </identifiers>
        <balance>4770.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.37500000"/>
        <valUSD>58661.31000000</valUSD>
        <pctVal>1.439604296611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China First Heavy Industries Co.,Ltd.</name>
        <lei>300300XL9QDDBPWJKK85</lei>
        <title>CHINA FIRST HEAVY INDUSTR-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000L48"/>
        </identifiers>
        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>5338.88000000</valUSD>
        <pctVal>0.131021189044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN CHUANTOU ENERGY CO., LTD.</name>
        <lei>300300WW1VOIP39YTJ43</lei>
        <title>SICHUAN CHUANTOU ENERGY CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000BQ0"/>
        </identifiers>
        <balance>6100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>12952.84000000</valUSD>
        <pctVal>0.317875003427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Inovance Technology Co., Ltd</name>
        <lei>N/A</lei>
        <title>SHENZHEN INOVANCE TECHNOLO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000V46"/>
        </identifiers>
        <balance>3050.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>27045.05000000</valUSD>
        <pctVal>0.663711229464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Adaro Energy Indonesia Tbk</name>
        <lei>529900P2WAH7XA87OI24</lei>
        <title>ADARO ENERGY INDONESIA TBK P COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000111305"/>
        </identifiers>
        <balance>266100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15397.00000000"/>
        <valUSD>41132.56000000</valUSD>
        <pctVal>1.009432113034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhuzhou CRRC Times Electric Co., Ltd.</name>
        <lei>529900PLNH7NQLN00B53</lei>
        <title>ZHUZHOU CRRC TIMES ELECTRI-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004X4"/>
        </identifiers>
        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>10852.21000000</valUSD>
        <pctVal>0.266323546878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO ORIENT WIRES &amp; CABLES CO.,LTD.</name>
        <lei>N/A</lei>
        <title>NINGBO ORIENT WIRES &amp; CABL-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T23"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>9605.93000000</valUSD>
        <pctVal>0.235738651266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Zheneng Electric Power CO., LTD</name>
        <lei>3003007BB94AW2PBWC09</lei>
        <title>ZHEJIANG ZHENENG ELECTRIC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001SP3"/>
        </identifiers>
        <balance>25700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>16638.63000000</valUSD>
        <pctVal>0.408327792845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuh Cimento Sanayi AS</name>
        <lei>7890004MW0TKBH5J4N45</lei>
        <title>NUH CIMENTO SANAYI AS COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRANUHCM91F0"/>
        </identifiers>
        <balance>1122.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="29.53400000"/>
        <valUSD>11738.94000000</valUSD>
        <pctVal>0.288084743788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI CONCH CEMENT COMPANY LIMITED</name>
        <lei>300300JVKW56SSAEQZ33</lei>
        <title>ANHUI CONCH CEMENT CO LTD-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000001W2"/>
        </identifiers>
        <balance>9500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>21947.74000000</valUSD>
        <pctVal>0.538618397797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG EXPRESSWAY CO., LTD.</name>
        <lei>213800X1ZRKM85U9H438</lei>
        <title>ZHEJIANG EXPRESSWAY CO-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004S4"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>8006.61000000</valUSD>
        <pctVal>0.196489818541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CECEP Solar Energy Co., Ltd.</name>
        <lei>30030055WYGVLDBFGM73</lei>
        <title>CECEP SOLAR ENERGY CO LT-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000000K1"/>
        </identifiers>
        <balance>9100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7131.14000000</valUSD>
        <pctVal>0.175004952731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Weixing New Building Materials Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG WEIXING NEW BUILD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000MK9"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7518.89000000</valUSD>
        <pctVal>0.184520706232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gotion High-tech Co.,Ltd.</name>
        <lei>300300J1NKV8ZBF0KN15</lei>
        <title>GOTION HIGH-TECH CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001NY7"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>12681.52000000</valUSD>
        <pctVal>0.311216552776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yintai Gold Co., Ltd.</name>
        <lei>655600QGA2EHH1HUDW82</lei>
        <title>YINTAI GOLD CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012L4"/>
        </identifiers>
        <balance>6300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>13271.35000000</valUSD>
        <pctVal>0.325691541526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pentamaster Corporation Bhd</name>
        <lei>N/A</lei>
        <title>PENTAMASTER CORP BHD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL7160OO004"/>
        </identifiers>
        <balance>9400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.59500000"/>
        <valUSD>9410.23000000</valUSD>
        <pctVal>0.230935987282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TBEA CO., LTD.</name>
        <lei>300300NIEBMOQ4DNLE36</lei>
        <title>TBEA CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000RB8"/>
        </identifiers>
        <balance>1531.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>2967.14000000</valUSD>
        <pctVal>0.072816435443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TBEA CO., LTD.</name>
        <lei>300300NIEBMOQ4DNLE36</lei>
        <title>TBEA CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000RB8"/>
        </identifiers>
        <balance>10336.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>20031.57000000</valUSD>
        <pctVal>0.491593764951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELBIT SYSTEMS LTD</name>
        <lei>529900Q9CB1REUMZSS32</lei>
        <title>ELBIT SYSTEMS LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010811243"/>
        </identifiers>
        <balance>501.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.60090000"/>
        <valUSD>106853.29000000</valUSD>
        <pctVal>2.622281285418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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>N/A</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
        </identifiers>
        <balance>19500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.31910000"/>
        <valUSD>22026.38000000</valUSD>
        <pctVal>0.540548298133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RARE EARTH RESOURCES AND TECHNOLOGY CO., LTD.</name>
        <lei>N/A</lei>
        <title>CHINA RARE EARTH RESOURCES-A COMMON STOCK</title>
        <cusip>Y1521G105</cusip>
        <identifiers>
          <isin value="CNE000000WS2"/>
        </identifiers>
        <balance>2300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8937.59000000</valUSD>
        <pctVal>0.219336952505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Expressway Company Limited</name>
        <lei>529900UWWTWZ6AKLYD43</lei>
        <title>JIANGSU EXPRESS CO LTD-H COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003J5"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.80855000"/>
        <valUSD>8990.15000000</valUSD>
        <pctVal>0.220626824855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China National Nuclear Power Co., Ltd</name>
        <lei>3003003YPVL5EMT5LZ97</lei>
        <title>CHINA NATIONAL NUCLEAR POW-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000022N7"/>
        </identifiers>
        <balance>42800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>45080.47000000</valUSD>
        <pctVal>1.106317576359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CECEP Wind-Power Corporation</name>
        <lei>N/A</lei>
        <title>CECEP WIND POWER CORP-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T15"/>
        </identifiers>
        <balance>11800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>4971.49000000</valUSD>
        <pctVal>0.122005089292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGXI SPECIAL ELECTRIC MOTOR CO.,LTD</name>
        <lei>300300WSYPJBOP68R712</lei>
        <title>JIANGXI SPECIAL ELECTRIC -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000007F4"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7583.63000000</valUSD>
        <pctVal>0.186109487359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daqin Railway Co., Ltd.</name>
        <lei>30030098LARO7YWJL882</lei>
        <title>DAQIN RAILWAY CO LTD -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001NG4"/>
        </identifiers>
        <balance>35332.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>35775.60000000</valUSD>
        <pctVal>0.877967223607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000083648"/>
        </identifiers>
        <balance>16831.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.28750000"/>
        <valUSD>84000.84000000</valUSD>
        <pctVal>2.061460444422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000FX6"/>
        </identifiers>
        <balance>17700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7606.38000000</valUSD>
        <pctVal>0.186667793979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Merdeka Copper Gold Tbk</name>
        <lei>894500DF5TJXCOE26L58</lei>
        <title>MERDEKA COPPER GOLD TBK PT COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000134406"/>
        </identifiers>
        <balance>182000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15397.00000000"/>
        <valUSD>31915.31000000</valUSD>
        <pctVal>0.783232038352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NANJING CO., LTD.</name>
        <lei>300300C1086932000062</lei>
        <title>BANK OF NANJING CO LTD -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000627"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>4560.29000000</valUSD>
        <pctVal>0.111913850505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GD POWER DEVELOPMENT CO., LTD.</name>
        <lei>300300BVGPH64Z7BNK97</lei>
        <title>GD POWER DEVELOPMENT CO -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000PC0"/>
        </identifiers>
        <balance>40500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>23660.93000000</valUSD>
        <pctVal>0.580661708540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001LJ2"/>
        </identifiers>
        <balance>19542.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>14106.38000000</valUSD>
        <pctVal>0.346183971303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen Tungsten Co., Ltd.</name>
        <lei>300300SEC2FOC4PL5N49</lei>
        <title>XIAMEN TUNGSTEN CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001D15"/>
        </identifiers>
        <balance>3300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>7961.97000000</valUSD>
        <pctVal>0.195394310517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Ronbay New Energy Technology Co Ltd</name>
        <lei>836800IZGSNBP6FLFG39</lei>
        <title>NINGBO RONBAY NEW ENERGY T-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MS6"/>
        </identifiers>
        <balance>961.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>5371.43000000</valUSD>
        <pctVal>0.131819996978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN CHUANTOU ENERGY CO., LTD.</name>
        <lei>300300WW1VOIP39YTJ43</lei>
        <title>SICHUAN CHUANTOU ENERGY CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000BQ0"/>
        </identifiers>
        <balance>4184.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>8884.37000000</valUSD>
        <pctVal>0.218030883127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ISRAEL CORPORATION LTD.</name>
        <lei>213800VASRTF37M7LO42</lei>
        <title>ISRAEL CORP LIMITED/THE COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005760173"/>
        </identifiers>
        <balance>65.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.60090000"/>
        <valUSD>16605.15000000</valUSD>
        <pctVal>0.407506161827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Yangtze Power Co., Ltd.</name>
        <lei>3003008VX8JFJXA6QP74</lei>
        <title>CHINA YANGTZE POWER CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G87"/>
        </identifiers>
        <balance>55800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>182902.00000000</valUSD>
        <pctVal>4.488588902274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUWAIT FINANCE HOUSE K.S.C.P</name>
        <lei>2549007KX0N057S9BC98</lei>
        <title>KUWAIT FINANCE HOUSE COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KW0EQ0100085"/>
        </identifiers>
        <balance>156280.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt="0.30725000"/>
        <valUSD>369273.49000000</valUSD>
        <pctVal>9.062322386405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>KW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Energy Engineering Corporation Limited</name>
        <lei>30030095F4B9XDN9QY57</lei>
        <title>CHINA ENERGY ENGINEERING C-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004QL0"/>
        </identifiers>
        <balance>75100.33500000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.12060000"/>
        <valUSD>22148.51000000</valUSD>
        <pctVal>0.543545484401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CARBORUNDUM UNIVERSAL LIMITED</name>
        <lei>335800T32DYFKLROEO23</lei>
        <title>CARBORUNDUM UNIVERSAL LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE120A01034"/>
        </identifiers>
        <balance>2125.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="83.21375000"/>
        <valUSD>28432.50000000</valUSD>
        <pctVal>0.697760571037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Indah Kiat Pulp &amp; Paper Tbk</name>
        <lei>529900F19DXXA9HNCB51</lei>
        <title>INDAH KIAT PULP &amp; PAPER TBK COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000062201"/>
        </identifiers>
        <balance>45600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15397.00000000"/>
        <valUSD>24655.45000000</valUSD>
        <pctVal>0.605068174490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KEPPEL CORPORATION LIMITED</name>
        <lei>254900SQ7IPDOY6IDW33</lei>
        <title>KEPPEL CORP LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U68934629"/>
        </identifiers>
        <balance>11100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.31910000"/>
        <valUSD>59492.84000000</valUSD>
        <pctVal>1.460010833062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-12-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Krane Funds Advisors, LLC</ncom:nameOfApplicant>
      <ncom:signature>Jonathan Krane</ncom:signature>
      <ncom:signerName>Jonathan Krane</ncom:signerName>
      <ncom:title>CEO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
