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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNDRUG CO.,LTD.</name>
        <lei>N/A</lei>
        <title>SUNDRUG CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3336600006"/>
        </identifiers>
        <balance>32600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1078759.79000000</valUSD>
        <pctVal>0.342458898514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dai Nippon Printing Co., Ltd.</name>
        <lei>529900S7NFNQ4FT6OP83</lei>
        <title>DAI NIPPON PRINTING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3493800001"/>
        </identifiers>
        <balance>39500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>903976.46000000</valUSD>
        <pctVal>0.286972860542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Repsol S.A.</name>
        <lei>BSYCX13Y0NOTV14V9N85</lei>
        <title>REPSOL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0173516115"/>
        </identifiers>
        <balance>163151.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1426735.21000000</valUSD>
        <pctVal>0.452925825579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEUGEOT SA</name>
        <lei>969500TZ5950IT5FPQ42</lei>
        <title>PSA PEUGEOT CITROEN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121501"/>
        </identifiers>
        <balance>87831.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1428419.03000000</valUSD>
        <pctVal>0.453460364545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLES GROUP LIMITED</name>
        <lei>549300OHQRG2HN8LZ793</lei>
        <title>COLES GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000030678"/>
        </identifiers>
        <balance>86459.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>1022080.95000000</valUSD>
        <pctVal>0.324465853820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INPEX CORPORATION</name>
        <lei>353800VHYYADPR6MXQ47</lei>
        <title>INPEX CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3294460005"/>
        </identifiers>
        <balance>86700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>535943.18000000</valUSD>
        <pctVal>0.170138443043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sino Land Company Limited</name>
        <lei>529900G5P51053HJVZ92</lei>
        <title>SINO LAND CO., LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0083000502"/>
        </identifiers>
        <balance>1430000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>1798927.80000000</valUSD>
        <pctVal>0.571080641497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiss Prime Site AG</name>
        <lei>506700XI9H64OPR34158</lei>
        <title>SWISS PRIME SITE AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0008038389"/>
        </identifiers>
        <balance>28336.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94755000"/>
        <valUSD>2619633.37000000</valUSD>
        <pctVal>0.831618648300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TESCO PLC</name>
        <lei>2138002P5RNKC5W2JZ46</lei>
        <title>TESCO PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008847096"/>
        </identifiers>
        <balance>641177.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1807103.17000000</valUSD>
        <pctVal>0.573675962745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinsei Bank, Limited</name>
        <lei>549300PZYOQ2NW83V760</lei>
        <title>SHINSEI BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3729000004"/>
        </identifiers>
        <balance>54700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>658113.73000000</valUSD>
        <pctVal>0.208922231957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TDK CORPORATION</name>
        <lei>3538005O8WNU39U8NX03</lei>
        <title>TDK CORP.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3538800008"/>
        </identifiers>
        <balance>3400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>336580.62000000</valUSD>
        <pctVal>0.106849578057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOPPAN PRINTING CO., LTD.</name>
        <lei>3538003H9W4KIDODQY20</lei>
        <title>TOPPAN PRINTING CO LTD</title>
        <cusip>890747108</cusip>
        <identifiers>
          <isin value="JP3629000005"/>
        </identifiers>
        <balance>53700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>894460.77000000</valUSD>
        <pctVal>0.283952046505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLUTTER ENTERTAINMENT PLC</name>
        <lei>635400EG4YIJLJMZJ782</lei>
        <title>FLUTTER ENTERTAINMENT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BWT6H894"/>
        </identifiers>
        <balance>12674.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1665477.62000000</valUSD>
        <pctVal>0.528716064996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iida Group Holdings Co.,Ltd.</name>
        <lei>35380051BV8PV1I4S949</lei>
        <title>IIDA GROUP HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131090007"/>
        </identifiers>
        <balance>62900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>962579.60000000</valUSD>
        <pctVal>0.305576786050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hannover Rueck SE</name>
        <lei>529900KIN5BE45V5KB18</lei>
        <title>HANNOVER RUECK SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008402215"/>
        </identifiers>
        <balance>6628.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1141950.02000000</valUSD>
        <pctVal>0.362519023820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B2GOLD CORP.</name>
        <lei>549300F7OK456M5NLM05</lei>
        <title>B2GOLD CORP</title>
        <cusip>11777Q209</cusip>
        <identifiers>
          <isin value="CA11777Q2099"/>
        </identifiers>
        <balance>86918.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>492662.97000000</valUSD>
        <pctVal>0.156398875457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMPERIAL BRANDS PLC</name>
        <lei>549300DFVPOB67JL3A42</lei>
        <title>IMPERIAL BRANDS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004544929"/>
        </identifiers>
        <balance>77535.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1473923.76000000</valUSD>
        <pctVal>0.467906119622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NGK INSULATORS, LTD.</name>
        <lei>353800701BNCL25VYY16</lei>
        <title>NGK INSULATORS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3695200000"/>
        </identifiers>
        <balance>56600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>780653.47000000</valUSD>
        <pctVal>0.247823222496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swedish Match AB</name>
        <lei>529900YVXCGNWAUYZG78</lei>
        <title>SWEDISH MATCH AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000310336"/>
        </identifiers>
        <balance>26105.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>1835292.19000000</valUSD>
        <pctVal>0.582624739692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mazda Motor Corporation</name>
        <lei>52990044YZJLICDQKK92</lei>
        <title>MAZDA MOTOR CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3868400007"/>
        </identifiers>
        <balance>62700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>375438.66000000</valUSD>
        <pctVal>0.119185300708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fiat Chrysler Automobiles N.V.</name>
        <lei>549300LKT9PW7ZIBDF31</lei>
        <title>FIAT CHRYSLER AUTOMOBILES NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010877643"/>
        </identifiers>
        <balance>112221.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1127314.67000000</valUSD>
        <pctVal>0.357872942378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDP - Energias de Portugal, S.A.</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP - ENERGIAS DE PORTUGAL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTEDP0AM0009"/>
        </identifiers>
        <balance>207591.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>990915.65000000</valUSD>
        <pctVal>0.314572238569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke Vopak N.V.</name>
        <lei>724500UL634GFV1KYF10</lei>
        <title>KONINKIJKE VOPAK NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009432491"/>
        </identifiers>
        <balance>18049.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>954396.50000000</valUSD>
        <pctVal>0.302979010865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINGAPORE EXCHANGE LIMITED</name>
        <lei>549300IQ650PPXM76X03</lei>
        <title>SINGAPORE EXCHANGE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1J26887955"/>
        </identifiers>
        <balance>199000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39505000"/>
        <valUSD>1189677.79000000</valUSD>
        <pctVal>0.377670496552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEGRO PUBLIC LIMITED COMPANY</name>
        <lei>213800XC35KGM9NFC641</lei>
        <title>SEGRO PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B5ZN1N88"/>
        </identifiers>
        <balance>235126.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>2600180.03000000</valUSD>
        <pctVal>0.825443066442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONDON STOCK EXCHANGE GROUP PLC</name>
        <lei>213800QAUUUP6I445N30</lei>
        <title>LONDON STOCK EXCHANGE GROUP PL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0SWJX34"/>
        </identifiers>
        <balance>18178.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1877276.28000000</valUSD>
        <pctVal>0.595952846050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRITISH AMERICAN TOBACCO P.L.C.</name>
        <lei>213800FKA5MF17RJKT63</lei>
        <title>BRITISH AMERICAN TOBACCO PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002875804"/>
        </identifiers>
        <balance>37461.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1436980.12000000</valUSD>
        <pctVal>0.456178134969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Showa Denko K.K.</name>
        <lei>5493006AIPA1V92YPP18</lei>
        <title>SHOWA DENKO K K</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3368000000"/>
        </identifiers>
        <balance>21700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>485954.49000000</valUSD>
        <pctVal>0.154269227418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="481607.26999999"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AerCap Holdings N.V.</name>
        <lei>549300SZYINBBLJQU475</lei>
        <title>AERCAP HOLDINGS NV</title>
        <cusip>N00985106</cusip>
        <identifiers>
          <isin value="NL0000687663"/>
        </identifiers>
        <balance>32472.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1000137.60000000</valUSD>
        <pctVal>0.317499803045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHOPIFY INC.</name>
        <lei>549300HGQ43STJLLP808</lei>
        <title>SHOPIFY INC</title>
        <cusip>82509L107</cusip>
        <identifiers>
          <isin value="CA82509L1076"/>
        </identifiers>
        <balance>547.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>517991.33000000</valUSD>
        <pctVal>0.164439518376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Yusen Kabushiki Kaisha</name>
        <lei>353800YPW4XM0ZN5I149</lei>
        <title>NIPPON YUSEN KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3753000003"/>
        </identifiers>
        <balance>51900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>729298.79000000</valUSD>
        <pctVal>0.231520364984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN POST BANK Co.,Ltd.</name>
        <lei>5493006JVO6N2HC2XZ76</lei>
        <title>JAPAN POST BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3946750001"/>
        </identifiers>
        <balance>66700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>495837.23000000</valUSD>
        <pctVal>0.157406563724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RENAULT SA</name>
        <lei>969500F7JLTX36OUI695</lei>
        <title>RENAULT SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000131906"/>
        </identifiers>
        <balance>57906.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1468543.25000000</valUSD>
        <pctVal>0.466198043788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIRVAC GROUP</name>
        <lei>N/A</lei>
        <title>MIRVAC GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MGR9"/>
        </identifiers>
        <balance>515052.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>769512.36000000</valUSD>
        <pctVal>0.244286408931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="units"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Estate Company, Limited</name>
        <lei>353800KOFMRGOXSJ5Z65</lei>
        <title>MITSUBISHI ESTATE CO., LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3899600005"/>
        </identifiers>
        <balance>25800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>383227.51000000</valUSD>
        <pctVal>0.121657918817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chubu Electric Power Company, Incorporated</name>
        <lei>529900A76GOP0PGNHT63</lei>
        <title>CHUBU ELECTRIC POWER CO INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3526600006"/>
        </identifiers>
        <balance>79000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>990017.15000000</valUSD>
        <pctVal>0.314287004245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Concordia Financial Group, Ltd.</name>
        <lei>N/A</lei>
        <title>CONCORDIA FINANCIAL GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305990008"/>
        </identifiers>
        <balance>210100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>671868.19000000</valUSD>
        <pctVal>0.213288669476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PANDORA A/S</name>
        <lei>5299007OWYZ6I1E46843</lei>
        <title>PANDORA A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060252690"/>
        </identifiers>
        <balance>19668.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63595000"/>
        <valUSD>1067877.30000000</valUSD>
        <pctVal>0.339004185451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOBE BUSSAN CO.,LTD.</name>
        <lei>353800CJIFNHN2DXRD59</lei>
        <title>KOBE BUSSAN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3291200008"/>
        </identifiers>
        <balance>6900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>388858.51000000</valUSD>
        <pctVal>0.123445514234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCHNEIDER ELECTRIC SE</name>
        <lei>969500A1YF1XUYYXS284</lei>
        <title>SCHNEIDER ELECTRIC SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121972"/>
        </identifiers>
        <balance>18765.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>2083993.04000000</valUSD>
        <pctVal>0.661576346843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAURECIA SE</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>FAURECIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121147"/>
        </identifiers>
        <balance>11576.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>452066.63000000</valUSD>
        <pctVal>0.143511318831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MITSUI &amp; CO., LTD.</name>
        <lei>2NRSB4GOU9DD6CNW5R48</lei>
        <title>MITSUI &amp; CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3893600001"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>960675.72000000</valUSD>
        <pctVal>0.304972387690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLP J-REIT</name>
        <lei>353800E27V9KA51K2I90</lei>
        <title>GLP J-REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047510007"/>
        </identifiers>
        <balance>245.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>355401.59000000</valUSD>
        <pctVal>0.112824410188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADVANTEST CORPORATION</name>
        <lei>353800EMK32PDKS9XR54</lei>
        <title>ADVANTEST CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3122400009"/>
        </identifiers>
        <balance>10200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>578616.12000000</valUSD>
        <pctVal>0.183685229051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHERN STAR RESOURCES LTD</name>
        <lei>254900XFXCRYYZAX6M78</lei>
        <title>NORTHERN STAR RESOURCES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NST8"/>
        </identifiers>
        <balance>57951.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>533055.20000000</valUSD>
        <pctVal>0.169221636115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMERA INCORPORATED</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>EMERA INC</title>
        <cusip>290876101</cusip>
        <identifiers>
          <isin value="CA2908761018"/>
        </identifiers>
        <balance>31589.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1238975.32000000</valUSD>
        <pctVal>0.393320299205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENEOS Holdings, Inc.</name>
        <lei>3538001KQ5SAOZSQTT44</lei>
        <title>ENEOS HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386450005"/>
        </identifiers>
        <balance>191900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>679480.93000000</valUSD>
        <pctVal>0.215705380387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIASORIN S.P.A.</name>
        <lei>8156002878BDF0EE4348</lei>
        <title>DIASORIN SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003492391"/>
        </identifiers>
        <balance>3971.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>759991.46000000</valUSD>
        <pctVal>0.241263940948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GROUPE WSP GLOBAL INC.</name>
        <lei>549300IQ87LU6X6ERQ78</lei>
        <title>WSP GLOBAL INC</title>
        <cusip>92938W202</cusip>
        <identifiers>
          <isin value="CA92938W2022"/>
        </identifiers>
        <balance>30927.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1890588.85000000</valUSD>
        <pctVal>0.600179002884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EIFFAGE S.A.</name>
        <lei>969500OQXKE5WDM9M994</lei>
        <title>EIFFAGE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000130452"/>
        </identifiers>
        <balance>10612.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>970199.14000000</valUSD>
        <pctVal>0.307995655662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NTT DOCOMO, INC.</name>
        <lei>353800TVPXCGWDZIIU09</lei>
        <title>NTT DOCOMO, INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165650007"/>
        </identifiers>
        <balance>48300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1290268.34000000</valUSD>
        <pctVal>0.409603582373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMITOMO CORPORATION</name>
        <lei>V82KK8NH1P0JS71FJC05</lei>
        <title>SUMITOMO CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3404600003"/>
        </identifiers>
        <balance>75900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>868503.96000000</valUSD>
        <pctVal>0.275711898287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iberdrola, S.A.</name>
        <lei>5QK37QC7NWOJ8D7WVQ45</lei>
        <title>IBERDROLA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0144580Y14"/>
        </identifiers>
        <balance>213229.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>2471526.12000000</valUSD>
        <pctVal>0.784601095211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kurita Water Industries Ltd.</name>
        <lei>52990086GS2ON69UMX34</lei>
        <title>KURITA WATER INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3270000007"/>
        </identifiers>
        <balance>12500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>346549.57000000</valUSD>
        <pctVal>0.110014282255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONDA MOTOR CO., LTD.</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>HONDA MOTOR CO., LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3854600008"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>893937.99000000</valUSD>
        <pctVal>0.283786086794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORTESCUE METALS GROUP LTD</name>
        <lei>529900VEJFORCO6I4826</lei>
        <title>FORTESCUE METALS GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000FMG4"/>
        </identifiers>
        <balance>145454.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>1387012.04000000</valUSD>
        <pctVal>0.440315462114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Real Estate Investment Corporation</name>
        <lei>3538003YAIR3CBGJJ928</lei>
        <title>JAPAN REAL ESTATE INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3027680002"/>
        </identifiers>
        <balance>115.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>589470.27000000</valUSD>
        <pctVal>0.187130945408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMV Aktiengesellschaft</name>
        <lei>549300V62YJ9HTLRI486</lei>
        <title>OMV AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000743059"/>
        </identifiers>
        <balance>37157.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1241974.86000000</valUSD>
        <pctVal>0.394272521538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAFRAN SA</name>
        <lei>969500UIC89GT3UL7L24</lei>
        <title>SAFRAN SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000073272"/>
        </identifiers>
        <balance>7158.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>717287.31000000</valUSD>
        <pctVal>0.227707247134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRYSMIAN S.P.A.</name>
        <lei>529900X0H1IO3RS1A464</lei>
        <title>PRYSMIAN SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004176001"/>
        </identifiers>
        <balance>34134.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>790524.04000000</valUSD>
        <pctVal>0.250956695361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lasertec Corporation</name>
        <lei>N/A</lei>
        <title>LASERTEC CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3979200007"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>273105.62000000</valUSD>
        <pctVal>0.086699050771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Electric Industries, Ltd.</name>
        <lei>5493005SP87FL5TOS202</lei>
        <title>SUMITOMO ELECTRIC INDUSTRIES LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3407400005"/>
        </identifiers>
        <balance>38200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>438883.07000000</valUSD>
        <pctVal>0.139326117011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orsted A/S</name>
        <lei>W9NG6WMZIYEU8VEDOG48</lei>
        <title>ORSTED A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060094928"/>
        </identifiers>
        <balance>17899.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63595000"/>
        <valUSD>2064496.36000000</valUSD>
        <pctVal>0.655387006436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raiffeisen Bank International AG</name>
        <lei>9ZHRYM6F437SQJ6OUG95</lei>
        <title>RAIFFEISEN BANK INTERNATIONAL AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000606306"/>
        </identifiers>
        <balance>64992.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1157716.76000000</valUSD>
        <pctVal>0.367524271942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Chemicals,Inc.</name>
        <lei>353800H2UB5ZEZRZQC02</lei>
        <title>MITSUI CHEMICALS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3888300005"/>
        </identifiers>
        <balance>38800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>808116.05000000</valUSD>
        <pctVal>0.256541386618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIHEIYO CEMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>TAIHEIYO CEMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3449020001"/>
        </identifiers>
        <balance>30300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>699889.70000000</valUSD>
        <pctVal>0.222184269348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELUS Corporation</name>
        <lei>L2TEUTQ8OSHMJWVLCE40</lei>
        <title>TELUS CORP</title>
        <cusip>87971M103</cusip>
        <identifiers>
          <isin value="CA87971M1032"/>
        </identifiers>
        <balance>88890.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1486068.50000000</valUSD>
        <pctVal>0.471761541674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="819952.67999999"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUBARU CORPORATION</name>
        <lei>549300N244BVAEE6HH86</lei>
        <title>SUBARU CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3814800003"/>
        </identifiers>
        <balance>16800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>349049.45000000</valUSD>
        <pctVal>0.110807884463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pan Pacific International Holdings Corporation</name>
        <lei>529900QLHJM2E18A5763</lei>
        <title>PAN PACIFIC INTERNATIONAL HOLDINGS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3639650005"/>
        </identifiers>
        <balance>19900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>436975.48000000</valUSD>
        <pctVal>0.138720540889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOSOH CORPORATION</name>
        <lei>529900YSLFVJF2MDBX02</lei>
        <title>TOSOH CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595200001"/>
        </identifiers>
        <balance>51200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>697631.74000000</valUSD>
        <pctVal>0.221467466125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ATOS SE</name>
        <lei>5493001EZOOA66PTBR68</lei>
        <title>ATOS SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000051732"/>
        </identifiers>
        <balance>17401.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1483389.57000000</valUSD>
        <pctVal>0.470911098947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KAJIMA CORPORATION</name>
        <lei>N/A</lei>
        <title>KAJIMA CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3210200006"/>
        </identifiers>
        <balance>71700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>853341.98000000</valUSD>
        <pctVal>0.270898634928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COCA-COLA AMATIL LIMITED</name>
        <lei>JOR7RJTXUXBRJ4UA5G70</lei>
        <title>COCA-COLA AMATIL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CCL2"/>
        </identifiers>
        <balance>126850.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>756333.18000000</valUSD>
        <pctVal>0.240102597569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DSV Panalpina A/S</name>
        <lei>529900X41C0BSLK67H70</lei>
        <title>DSV PANALPINA A S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060079531"/>
        </identifiers>
        <balance>7781.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63595000"/>
        <valUSD>949533.04000000</valUSD>
        <pctVal>0.301435075718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Electric Power Company Holdings, Incorporated</name>
        <lei>5299004EMJ3R4RVR5Y75</lei>
        <title>TOKYO ELECTRIC POWER CO HOLDIN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3585800000"/>
        </identifiers>
        <balance>224200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>687863.93000000</valUSD>
        <pctVal>0.218366615051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Volkswagen AG</name>
        <lei>529900NNUPAGGOMPXZ31</lei>
        <title>VOLKSWAGEN AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007664039"/>
        </identifiers>
        <balance>8686.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1316436.05000000</valUSD>
        <pctVal>0.417910682087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GVC HOLDINGS PLC</name>
        <lei>213800GNI3K45LQR8L28</lei>
        <title>GVC HOLDINGS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IM00B5VQMV65"/>
        </identifiers>
        <balance>62858.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>575206.78000000</valUSD>
        <pctVal>0.182602913199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Kansai Electric Power Company, Incorporated</name>
        <lei>353800PFUKP5ONPJNZ86</lei>
        <title>KANSAI ELECTRIC POWER COMPANY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3228600007"/>
        </identifiers>
        <balance>42200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>408759.33000000</valUSD>
        <pctVal>0.129763151358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARRATT DEVELOPMENTS PLC</name>
        <lei>2138006R85VEOF5YNK29</lei>
        <title>BARRATT DEVELOPMENTS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0000811801"/>
        </identifiers>
        <balance>165988.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1017069.26000000</valUSD>
        <pctVal>0.322874862152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEGON N.V.</name>
        <lei>O4QK7KMMK83ITNTHUG69</lei>
        <title>AEGON NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000303709"/>
        </identifiers>
        <balance>451567.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1345546.41000000</valUSD>
        <pctVal>0.427151944056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WELCIA HOLDINGS CO.,LTD.</name>
        <lei>N/A</lei>
        <title>WELCIA HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3274280001"/>
        </identifiers>
        <balance>4800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>386633.92000000</valUSD>
        <pctVal>0.122739304522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nagoya Railroad Co., Ltd.</name>
        <lei>353800P62OOYUY3I8T51</lei>
        <title>NAGOYA RAILROAD CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3649800004"/>
        </identifiers>
        <balance>19300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>544732.82000000</valUSD>
        <pctVal>0.172928768064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="98890.94000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGLO AMERICAN PLC</name>
        <lei>549300S9XF92D1X8ME43</lei>
        <title>ANGLO AMERICAN PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1XZS820"/>
        </identifiers>
        <balance>51806.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1196635.89000000</valUSD>
        <pctVal>0.379879387988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OLYMPUS CORPORATION</name>
        <lei>5299000Y52IFDI1I2A21</lei>
        <title>OLYMPUS OPTICAL CO. LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3201200007"/>
        </identifiers>
        <balance>20500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>394380.59000000</valUSD>
        <pctVal>0.125198532331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banque Cantonale Vaudoise</name>
        <lei>K1MOBB3OPSBBQO554R76</lei>
        <title>BANQUE CANTONALE VAUDOIS -REG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0531751755"/>
        </identifiers>
        <balance>16405.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94755000"/>
        <valUSD>1594533.80000000</valUSD>
        <pctVal>0.506194515084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEIJIN LIMITED</name>
        <lei>3538000RF6UCIMPKCO54</lei>
        <title>TEIJIN LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3544000007"/>
        </identifiers>
        <balance>62900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>999310.38000000</valUSD>
        <pctVal>0.317237196993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANOFI SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>SANOFI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120578"/>
        </identifiers>
        <balance>21086.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>2146847.76000000</valUSD>
        <pctVal>0.681529962446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMCO CORPORATION</name>
        <lei>353800SUSRUOM0V6KU92</lei>
        <title>SUMCO CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3322930003"/>
        </identifiers>
        <balance>14400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>220101.03000000</valUSD>
        <pctVal>0.069872419230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VINCI S.A.</name>
        <lei>213800WFQ334R8UXUG83</lei>
        <title>VINCI SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000125486"/>
        </identifiers>
        <balance>11246.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1035741.00000000</valUSD>
        <pctVal>0.328802320307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Chemical Holdings Corporation</name>
        <lei>353800YNKX4RQUGAR072</lei>
        <title>MITSUBISHI CHEMICAL HOLDINGS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3897700005"/>
        </identifiers>
        <balance>131400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>764150.35000000</valUSD>
        <pctVal>0.242584206035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RITCHIE BROS. AUCTIONEERS INCORPORATED</name>
        <lei>5493002H8U24DJXQ4886</lei>
        <title>RITCHIE BROS AUCTIONEERS</title>
        <cusip>767744105</cusip>
        <identifiers>
          <isin value="CA7677441056"/>
        </identifiers>
        <balance>19143.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>776823.50000000</valUSD>
        <pctVal>0.246607375076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>MIZUHO FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3885780001"/>
        </identifiers>
        <balance>457200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>560243.22000000</valUSD>
        <pctVal>0.177852639484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERCK Kommanditgesellschaft auf Aktien</name>
        <lei>529900OAREIS0MOPTW25</lei>
        <title>MERCK KGAA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006599905"/>
        </identifiers>
        <balance>8412.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>975975.29000000</valUSD>
        <pctVal>0.309829329836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHUGAI PHARMACEUTICAL CO., LTD.</name>
        <lei>529900T9LAII161DCN95</lei>
        <title>CHUGAI PHARMACEUTICAL COMPANY, LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3519400000"/>
        </identifiers>
        <balance>24300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1298507.67000000</valUSD>
        <pctVal>0.412219208115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANTOS LIMITED</name>
        <lei>5299000RK70B5O2M7077</lei>
        <title>SANTOS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000STO6"/>
        </identifiers>
        <balance>144292.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>526529.75000000</valUSD>
        <pctVal>0.167150092070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Electric Power Development Co., Ltd.</name>
        <lei>549300KMHPUAQI8VEH90</lei>
        <title>ELECTRIC POWER DEVELOPMENT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3551200003"/>
        </identifiers>
        <balance>44200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>837827.32000000</valUSD>
        <pctVal>0.265973411144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank Aktiengesellschaft</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005140008"/>
        </identifiers>
        <balance>138273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1314474.84000000</valUSD>
        <pctVal>0.417288083968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="161914.03000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CARREFOUR SA</name>
        <lei>549300B8P6MUJ1YWTS08</lei>
        <title>CARREFOUR SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120172"/>
        </identifiers>
        <balance>106803.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1649997.50000000</valUSD>
        <pctVal>0.523801806147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITOCHU Corporation</name>
        <lei>J48DJYXDTLHM30UMYI18</lei>
        <title>ITOCHU CORPORATION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3143600009"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1032877.60000000</valUSD>
        <pctVal>0.327893316449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNICREDIT, SOCIETA PER AZIONI</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UNICREDIT SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005239360"/>
        </identifiers>
        <balance>124006.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1140406.73000000</valUSD>
        <pctVal>0.362029096963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTU Aero Engines AG</name>
        <lei>529900807L67JY81RD65</lei>
        <title>MTU AERO ENGINES AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0D9PT0"/>
        </identifiers>
        <balance>3320.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>574805.41000000</valUSD>
        <pctVal>0.182475495836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELIA GROUP SA</name>
        <lei>549300S1MP1NFDIKT460</lei>
        <title>ELIA SYSTEM OPERATOR SA/NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003822393"/>
        </identifiers>
        <balance>7826.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>849094.85000000</valUSD>
        <pctVal>0.269550357512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delivery Hero SE</name>
        <lei>529900C3EX1FZGE48X78</lei>
        <title>DELIVERY HERO SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2E4K43"/>
        </identifiers>
        <balance>16784.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1714688.20000000</valUSD>
        <pctVal>0.544338264839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Wohnen SE</name>
        <lei>529900QE24Q67I3FWZ10</lei>
        <title>DEUTSCHE WOHNEN SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0HN5C6"/>
        </identifiers>
        <balance>23778.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1066918.74000000</valUSD>
        <pctVal>0.338699884711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KERRY PROPERTIES LIMITED</name>
        <lei>5299006T5ULIIRZ7LK49</lei>
        <title>KERRY PROPERTIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG524401079"/>
        </identifiers>
        <balance>494000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>1274764.69000000</valUSD>
        <pctVal>0.404681853781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WH GROUP LIMITED</name>
        <lei>254900A4AYEDRWYSE928</lei>
        <title>WH GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG960071028"/>
        </identifiers>
        <balance>1329000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>1138586.79000000</valUSD>
        <pctVal>0.361451345870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIICHI SANKYO COMPANY, LIMITED</name>
        <lei>353800XGIU2IHQGC9504</lei>
        <title>DAIICHI SANKYO CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3475350009"/>
        </identifiers>
        <balance>5200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>424444.55000000</valUSD>
        <pctVal>0.134742520458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000131104"/>
        </identifiers>
        <balance>37082.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1473117.70000000</valUSD>
        <pctVal>0.467650230941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CASINO, GUICHARD-PERRACHON SA</name>
        <lei>969500VHL8F83GBL6L29</lei>
        <title>CASINO GUICHARD PERRACHON SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000125585"/>
        </identifiers>
        <balance>32795.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1211832.99000000</valUSD>
        <pctVal>0.384703800406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1213679.01999999"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evolution Gaming Group AB (publ)</name>
        <lei>549300SUH6ZR1RF6TA88</lei>
        <title>EVOLUTION GAMING GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012673267"/>
        </identifiers>
        <balance>8429.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>502664.84000000</valUSD>
        <pctVal>0.159574030311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NH Foods Ltd.</name>
        <lei>353800NLDBIOUQILWU82</lei>
        <title>NH FOODS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3743000006"/>
        </identifiers>
        <balance>21900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>877948.74000000</valUSD>
        <pctVal>0.278710201510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitori Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NITORI CO., LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3756100008"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>548268.99000000</valUSD>
        <pctVal>0.174051346875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIR CANADA</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>AIR CANADA</title>
        <cusip>008911877</cusip>
        <identifiers>
          <isin value="CA0089118776"/>
        </identifiers>
        <balance>19435.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>241867.29000000</valUSD>
        <pctVal>0.076782251700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TC Energy Corporation</name>
        <lei>549300UGKOFV2IWJJG27</lei>
        <title>TC ENERGY CORP</title>
        <cusip>87807B107</cusip>
        <identifiers>
          <isin value="CA87807B1076"/>
        </identifiers>
        <balance>46171.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1966165.93000000</valUSD>
        <pctVal>0.624171409544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIXIS SA</name>
        <lei>KX1WK48MPD4Y2NCUIZ63</lei>
        <title>NATIXIS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120685"/>
        </identifiers>
        <balance>183831.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>480043.89000000</valUSD>
        <pctVal>0.152392871269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENEL - SPA</name>
        <lei>WOCMU6HCI0OJWNPRZS33</lei>
        <title>ENEL SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003128367"/>
        </identifiers>
        <balance>255008.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>2199080.61000000</valUSD>
        <pctVal>0.698111600400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pan American Silver Corp.</name>
        <lei>549300MKTF5851TYIB83</lei>
        <title>PAN AMERICAN SILVER CORP</title>
        <cusip>697900108</cusip>
        <identifiers>
          <isin value="CA6979001089"/>
        </identifiers>
        <balance>18391.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>556726.09000000</valUSD>
        <pctVal>0.176736105037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEXON Co., Ltd.</name>
        <lei>5299005SFO0GAJFLKN43</lei>
        <title>NEXON CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3758190007"/>
        </identifiers>
        <balance>14100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>318503.04000000</valUSD>
        <pctVal>0.101110739631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SSE PLC</name>
        <lei>549300KI75VYLLMSK856</lei>
        <title>SSE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007908733"/>
        </identifiers>
        <balance>51391.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>866443.68000000</valUSD>
        <pctVal>0.275057849790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commerzbank Aktiengesellschaft</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>COMMERZBANK AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000CBK1001"/>
        </identifiers>
        <balance>224124.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>998595.96000000</valUSD>
        <pctVal>0.317010399991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAYLOR WIMPEY PLC</name>
        <lei>21380089BTRXTD8S3R66</lei>
        <title>TAYLOR WIMPEY PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008782301"/>
        </identifiers>
        <balance>571176.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1006396.70000000</valUSD>
        <pctVal>0.319486792653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BT GROUP PLC</name>
        <lei>213800LRO7NS5CYQMN21</lei>
        <title>BT GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0030913577"/>
        </identifiers>
        <balance>416109.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>586384.01000000</valUSD>
        <pctVal>0.186151193279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Astellas Pharma Inc.</name>
        <lei>529900IB708DY2HBBB35</lei>
        <title>ASTELLAS PHARMA INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3942400007"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1000787.88000000</valUSD>
        <pctVal>0.317706238412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ONO PHARMACEUTICAL CO., LTD.</name>
        <lei>N/A</lei>
        <title>ONO PHARMACEUTICAL CO., LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197600004"/>
        </identifiers>
        <balance>14400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>418712.52000000</valUSD>
        <pctVal>0.132922852448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>MITSUBISHI UFJ FINANCIAL GROUP, INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3902900004"/>
        </identifiers>
        <balance>207600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>811272.74000000</valUSD>
        <pctVal>0.257543497181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOYOTA TSUSHO CORPORATION</name>
        <lei>549300CEE2ENIUJNXB84</lei>
        <title>TOYOTA TSUSHO CORPORATION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635000007"/>
        </identifiers>
        <balance>26000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>657681.79000000</valUSD>
        <pctVal>0.208785109960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEON Mall Co., Ltd.</name>
        <lei>N/A</lei>
        <title>AEON MALL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131430005"/>
        </identifiers>
        <balance>57600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>763479.63000000</valUSD>
        <pctVal>0.242371281866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marubeni Corporation</name>
        <lei>4P4N3ORD02UGQT1T1W12</lei>
        <title>MARUBENI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3877600001"/>
        </identifiers>
        <balance>164800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>744681.84000000</valUSD>
        <pctVal>0.236403808367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TECHTRONIC INDUSTRIES COMPANY LIMITED</name>
        <lei>549300HZW2SBE758OK89</lei>
        <title>TECHTRONIC INDUSTRIES CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0669013440"/>
        </identifiers>
        <balance>74500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>728615.76000000</valUSD>
        <pctVal>0.231303532929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi, Ltd.</name>
        <lei>549300T6IPOCDWLKC615</lei>
        <title>HITACHI LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3788600009"/>
        </identifiers>
        <balance>22800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>719176.90000000</valUSD>
        <pctVal>0.228307109046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAPLETREE COMMERCIAL TRUST MANAGEMENT LTD.</name>
        <lei>5493005JPUW1X1CVQG25</lei>
        <title>MAPLETREE COMMERCIAL TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D18969584"/>
        </identifiers>
        <balance>1495600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39505000"/>
        <valUSD>2069107.20000000</valUSD>
        <pctVal>0.656850745817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="units"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elisa Oyj</name>
        <lei>743700TU2S3DXWGU7H32</lei>
        <title>ELISA OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007884"/>
        </identifiers>
        <balance>34193.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>2079192.47000000</valUSD>
        <pctVal>0.660052376512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEONARDO - SOCIETA PER AZIONI</name>
        <lei>529900X4EEX1U9LN3U39</lei>
        <title>LEONARDO SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003856405"/>
        </identifiers>
        <balance>137766.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>912921.21000000</valUSD>
        <pctVal>0.289812426181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POSTE ITALIANE - SOCIETA PER AZIONI</name>
        <lei>815600354DEDBD0BA991</lei>
        <title>POSTE ITALIANE SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003796171"/>
        </identifiers>
        <balance>86504.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>751997.48000000</valUSD>
        <pctVal>0.238726203065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>IT</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMITOMO HEAVY INDUSTRIES, LTD.</name>
        <lei>353800VSTEIRMBC3S374</lei>
        <title>SUMITOMO HEAVY INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3405400007"/>
        </identifiers>
        <balance>14100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>306479.12000000</valUSD>
        <pctVal>0.097293672628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cellnex Telecom S.A.</name>
        <lei>5493008T4YG3AQUI7P67</lei>
        <title>CELLNEX TELECOM SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105066007"/>
        </identifiers>
        <balance>31367.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1910873.34000000</valUSD>
        <pctVal>0.606618438398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOWI ASA</name>
        <lei>549300W1OGQF5LZIH349</lei>
        <title>MOWI ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003054108"/>
        </identifiers>
        <balance>42185.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.64700000"/>
        <valUSD>798703.25000000</valUSD>
        <pctVal>0.253553235641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIWA HOUSE INDUSTRY CO.,LTD.</name>
        <lei>N/A</lei>
        <title>DAIWA HOUSE INDUSTRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3505000004"/>
        </identifiers>
        <balance>31900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>751631.83000000</valUSD>
        <pctVal>0.238610125234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RICOH COMPANY,LTD.</name>
        <lei>549300HFIB2GRUMDID72</lei>
        <title>RICOH CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3973400009"/>
        </identifiers>
        <balance>97700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>696401.72000000</valUSD>
        <pctVal>0.221076988747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seven &amp; i Holdings Co., Ltd.</name>
        <lei>52990037G8JRM3TWGY86</lei>
        <title>SEVEN &amp; I HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3422950000"/>
        </identifiers>
        <balance>31400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1024498.31000000</valUSD>
        <pctVal>0.325233259549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMITOMO CHEMICAL COMPANY, LIMITED</name>
        <lei>353800RSAU9BD8U4DM91</lei>
        <title>SUMITOMO CHEMICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3401400001"/>
        </identifiers>
        <balance>98900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>295182.83000000</valUSD>
        <pctVal>0.093707596222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIZRAHI TEFAHOT BANK LTD</name>
        <lei>YZO9YEGEO4VYDZMDWF93</lei>
        <title>MIZRAHI TEFAHOT BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006954379"/>
        </identifiers>
        <balance>43576.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.46095000"/>
        <valUSD>813615.08000000</valUSD>
        <pctVal>0.258287087351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE AURIFERE BARRICK</name>
        <lei>0O4KBQCJZX82UKGCBV73</lei>
        <title>BARRICK GOLD CORP.</title>
        <cusip>067901108</cusip>
        <identifiers>
          <isin value="CA0679011084"/>
        </identifiers>
        <balance>22589.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>605856.22000000</valUSD>
        <pctVal>0.192332765535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Metals, Ltd.</name>
        <lei>N/A</lei>
        <title>HITACHI METALS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3786200000"/>
        </identifiers>
        <balance>25200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>299685.78000000</valUSD>
        <pctVal>0.095137085262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANDAI NAMCO Holdings Inc.</name>
        <lei>N/A</lei>
        <title>BANDAI NAMCO HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3778630008"/>
        </identifiers>
        <balance>8900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>467500.58000000</valUSD>
        <pctVal>0.148410920731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031348658"/>
        </identifiers>
        <balance>927341.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1311055.66000000</valUSD>
        <pctVal>0.416202644348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICA Gruppen Aktiebolag</name>
        <lei>549300ZEFN8VKPK9I111</lei>
        <title>ICA GRUPPEN AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000652216"/>
        </identifiers>
        <balance>48443.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>2297190.23000000</valUSD>
        <pctVal>0.729257099806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STMicroelectronics N.V.</name>
        <lei>213800Z8NOHIKRI42W10</lei>
        <title>STMICROELECTRONICS N.V</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000226223"/>
        </identifiers>
        <balance>39003.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1060114.11000000</valUSD>
        <pctVal>0.336539713266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</name>
        <lei>353800VHQU5VIXVUA841</lei>
        <title>NIPPON TELEGRAPH &amp; TELEPHONE CORPORATION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3735400008"/>
        </identifiers>
        <balance>50800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1184477.92000000</valUSD>
        <pctVal>0.376019765992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iA Societe Financiere Inc.</name>
        <lei>549300ZXLJVHQAIXV215</lei>
        <title>IA FINANCIAL CORP INC</title>
        <cusip>45075E104</cusip>
        <identifiers>
          <isin value="CA45075E1043"/>
        </identifiers>
        <balance>22129.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>738608.18000000</valUSD>
        <pctVal>0.234475687823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOUYGUES S.A.</name>
        <lei>969500MOCLNQFNZN0D63</lei>
        <title>BOUYGUES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120503"/>
        </identifiers>
        <balance>51944.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1774152.91000000</valUSD>
        <pctVal>0.563215701017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN POST HOLDINGS Co.,Ltd.</name>
        <lei>5299003D9N4JBS256X18</lei>
        <title>JAPAN POST HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3752900005"/>
        </identifiers>
        <balance>77400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>550054.04000000</valUSD>
        <pctVal>0.174618021924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESFARMERS LIMITED</name>
        <lei>5493003L32ZX9557ST85</lei>
        <title>WESFARMERS LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WES1"/>
        </identifiers>
        <balance>42539.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>1312988.14000000</valUSD>
        <pctVal>0.416816121952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOYOTA MOTOR CORPORATION</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>TOYOTA MOTOR CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3633400001"/>
        </identifiers>
        <balance>17800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1115665.76000000</valUSD>
        <pctVal>0.354174924595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPAGNIE DE SAINT-GOBAIN SA</name>
        <lei>NFONVGN05Z0FMN5PEC35</lei>
        <title>COMPAGNIE DE SAINT-GOBAIN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000125007"/>
        </identifiers>
        <balance>25513.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>918393.50000000</valUSD>
        <pctVal>0.291549638138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALGONQUIN POWER &amp; UTILITIES CORP.</name>
        <lei>549300K5VIUTJXQL7X75</lei>
        <title>ALGONQUIN POWER &amp; UTILITIES CORP</title>
        <cusip>015857105</cusip>
        <identifiers>
          <isin value="CA0158571053"/>
        </identifiers>
        <balance>172490.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>2222613.44000000</valUSD>
        <pctVal>0.705582241330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2181503.37000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIX CORPORATION</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3200450009"/>
        </identifiers>
        <balance>59900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>737610.88000000</valUSD>
        <pctVal>0.234159088833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EVRAZ PLC</name>
        <lei>5493005B7DAN39RXLK23</lei>
        <title>EVRAZ PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B71N6K86"/>
        </identifiers>
        <balance>149453.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>532573.58000000</valUSD>
        <pctVal>0.169068742898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREAT-WEST LIFECO INC.</name>
        <lei>549300X81X4VZEESFU46</lei>
        <title>GREAT-WEST LIFECO INC</title>
        <cusip>39138C106</cusip>
        <identifiers>
          <isin value="CA39138C1068"/>
        </identifiers>
        <balance>58810.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1027663.73000000</valUSD>
        <pctVal>0.326238141503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magna International Inc.</name>
        <lei>95RWVLFZX6VGDZNNTN43</lei>
        <title>MAGNA INTERNATIONAL INC</title>
        <cusip>559222401</cusip>
        <identifiers>
          <isin value="CA5592224011"/>
        </identifiers>
        <balance>32098.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1424849.54000000</valUSD>
        <pctVal>0.452327208095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EVOLUTION MINING LIMITED</name>
        <lei>254900BCFW5QO5LW8F27</lei>
        <title>EVOLUTION MINING LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000EVN4"/>
        </identifiers>
        <balance>156433.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>610683.55000000</valUSD>
        <pctVal>0.193865230992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lawson, Inc.</name>
        <lei>529900IWO8XQO92PR233</lei>
        <title>LAWSON INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3982100004"/>
        </identifiers>
        <balance>9300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>466357.70000000</valUSD>
        <pctVal>0.148048106479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen</name>
        <lei>529900MUF4C20K50JS49</lei>
        <title>MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008430026"/>
        </identifiers>
        <balance>4854.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1261543.89000000</valUSD>
        <pctVal>0.400484829895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Skanska AB</name>
        <lei>549300UINV5RINHGMG07</lei>
        <title>SKANSKA AB, CLASS B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000113250"/>
        </identifiers>
        <balance>88776.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>1805697.54000000</valUSD>
        <pctVal>0.573229736898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIXIL Group Corporation</name>
        <lei>353800KB8G4F9WUJJ886</lei>
        <title>LIXIL GROUP CORPORATION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3626800001"/>
        </identifiers>
        <balance>22500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>314084.44000000</valUSD>
        <pctVal>0.099708028015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Yokohama Rubber Company, Limited</name>
        <lei>52990036XNWY2FMYWB76</lei>
        <title>YOKOHAMA RUBBER CO LTD/THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3955800002"/>
        </identifiers>
        <balance>49200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>690446.31000000</valUSD>
        <pctVal>0.219186407388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="682878.97000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Bank of Kyoto, Ltd.</name>
        <lei>549300LRPVT8N6FNFC04</lei>
        <title>BANK OF KYOTO LTD/THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3251200006"/>
        </identifiers>
        <balance>19600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>693998.24000000</valUSD>
        <pctVal>0.220313989309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hankyu Hanshin Holdings,Inc.</name>
        <lei>N/A</lei>
        <title>HANKYU HANSHIN HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3774200004"/>
        </identifiers>
        <balance>16900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>570982.99000000</valUSD>
        <pctVal>0.181262045210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HOYA CORPORATION</name>
        <lei>353800X4VR3BHEUCJB42</lei>
        <title>HOYA CORP.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3837800006"/>
        </identifiers>
        <balance>5569.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>529618.95000000</valUSD>
        <pctVal>0.168130777519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>3I GROUP PLC</name>
        <lei>35GDVHRBMFE7NWATNM84</lei>
        <title>3I GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1YW4409"/>
        </identifiers>
        <balance>70838.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>728756.47000000</valUSD>
        <pctVal>0.231348202180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIMIZU CORPORATION</name>
        <lei>353800BRAE0QFP3ZLY22</lei>
        <title>SHIMIZU CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3358800005"/>
        </identifiers>
        <balance>96800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>794067.76000000</valUSD>
        <pctVal>0.252081670967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INGENICO GROUP SA</name>
        <lei>969500C1KK5OLNWK1S69</lei>
        <title>INGENICO GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000125346"/>
        </identifiers>
        <balance>8886.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1417208.96000000</valUSD>
        <pctVal>0.449901659206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GECINA S.A.</name>
        <lei>9695003E4MMA10IBTR26</lei>
        <title>GECINA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010040865"/>
        </identifiers>
        <balance>6928.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>855933.06000000</valUSD>
        <pctVal>0.271721189134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIOMERIEUX SA</name>
        <lei>549300AK8Y0LBIQ4T071</lei>
        <title>BIOMERIEUX</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013280286"/>
        </identifiers>
        <balance>5703.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>783373.84000000</valUSD>
        <pctVal>0.248686820604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Idemitsu Kosan Co.,Ltd.</name>
        <lei>549300P0R46FF6DUA630</lei>
        <title>IDEMITSU KOSAN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3142500002"/>
        </identifiers>
        <balance>25344.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>537254.74000000</valUSD>
        <pctVal>0.170554805794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Chiba Bank, Ltd.</name>
        <lei>FGJPAKKCTZVSKZXNBS63</lei>
        <title>CHIBA BANK LTD/THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3511800009"/>
        </identifiers>
        <balance>154400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>727026.00000000</valUSD>
        <pctVal>0.230798853886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Trust Holdings, Inc.</name>
        <lei>353800P843RLCDBLNT17</lei>
        <title>SUMITOMO MITSUI TRUST HOLDINGS INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3892100003"/>
        </identifiers>
        <balance>30200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>846781.29000000</valUSD>
        <pctVal>0.268815903729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SQUARE ENIX HOLDINGS CO.,LTD.</name>
        <lei>529900KCRNRDF8DIA489</lei>
        <title>SQUARE ENIX HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164630000"/>
        </identifiers>
        <balance>7700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>388265.28000000</valUSD>
        <pctVal>0.123257189740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Holdings, Inc.</name>
        <lei>549300B3CEAHYG7K8164</lei>
        <title>NOMURA HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762600009"/>
        </identifiers>
        <balance>197500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>883107.01000000</valUSD>
        <pctVal>0.280347725896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MITSUBISHI MATERIALS CORPORATION</name>
        <lei>35380076QOBOSOUBRT89</lei>
        <title>MITSUBISHI MATERIALS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3903000002"/>
        </identifiers>
        <balance>33500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>706423.51000000</valUSD>
        <pctVal>0.224258467326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJITSU LIMITED</name>
        <lei>3538000246DHJLRTUZ24</lei>
        <title>FUJITSU LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3818000006"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>982601.84000000</valUSD>
        <pctVal>0.311932968695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINROSS GOLD CORPORATION</name>
        <lei>549300UEBMAQDN0K0R06</lei>
        <title>KINROSS GOLD CORP</title>
        <cusip>496902404</cusip>
        <identifiers>
          <isin value="CA4969024047"/>
        </identifiers>
        <balance>185918.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1337735.98000000</valUSD>
        <pctVal>0.424672475244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M3 Inc</name>
        <lei>N/A</lei>
        <title>M3, INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3435750009"/>
        </identifiers>
        <balance>8500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>361241.14000000</valUSD>
        <pctVal>0.114678211080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAMES HARDIE INDUSTRIES PUBLIC LIMITED COMPANY</name>
        <lei>635400NSGXKTVOO7JU45</lei>
        <title>JAMES HARDIE INDUSTRIES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000JHX1"/>
        </identifiers>
        <balance>43857.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>830983.00000000</valUSD>
        <pctVal>0.263800639866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="depository receipt"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ascendas Real Estate Investment Trust</name>
        <lei>549300ILIBAEMQZK3L20</lei>
        <title>ASCENDAS REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1M77906915"/>
        </identifiers>
        <balance>452254.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39505000"/>
        <valUSD>1027665.80000000</valUSD>
        <pctVal>0.326238798638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="units"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asahi Group Holdings, Ltd.</name>
        <lei>353800KAJ02XNHLCJW79</lei>
        <title>ASAHI BREWERIES LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3116000005"/>
        </identifiers>
        <balance>13500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>472503.13000000</valUSD>
        <pctVal>0.149999010849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CORPORATION CAMECO</name>
        <lei>N4BHALMXL3GMZKCUON55</lei>
        <title>CAMECO CORP</title>
        <cusip>13321L108</cusip>
        <identifiers>
          <isin value="CA13321L1085"/>
        </identifiers>
        <balance>63266.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>646595.24000000</valUSD>
        <pctVal>0.205265616801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MINI MSCI EAFE INDEX FUTURE SEP20</name>
        <lei>N/A</lei>
        <title>MINI MSCI EAFE INDEX FUTURE SEP20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MFSU0"/>
        </identifiers>
        <balance>13.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6217.60000000</valUSD>
        <pctVal>0.001973815178</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Index Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>IFUS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI EAFE MINI FUTURE Sep 2020</indexName>
                <indexIdentifier>MFSU0</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-09-18</expDate>
            <notionalAmt>1149742.40000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6217.60000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YAMAZAKI BAKING CO., LTD.</name>
        <lei>N/A</lei>
        <title>YAMAZAKI BAKING CO LTD</title>
        <cusip>984632109</cusip>
        <identifiers>
          <isin value="JP3935600001"/>
        </identifiers>
        <balance>22100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>380197.43000000</valUSD>
        <pctVal>0.120696001373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Z Holdings Corporation</name>
        <lei>52990078MD2OL792YM35</lei>
        <title>Z HOLDINGS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3933800009"/>
        </identifiers>
        <balance>165300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>805930.39000000</valUSD>
        <pctVal>0.255847535472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILIAD S.A.</name>
        <lei>969500FZ9BTRZS3JNB97</lei>
        <title>ILIAD SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004035913"/>
        </identifiers>
        <balance>3599.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>701933.34000000</valUSD>
        <pctVal>0.222833035375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resona Holdings, Inc.</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>RESONA HOLDING, INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3500610005"/>
        </identifiers>
        <balance>226500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>772180.56000000</valUSD>
        <pctVal>0.245133445353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AZRIELI GROUP LTD.</name>
        <lei>N/A</lei>
        <title>AZRIELI GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011194789"/>
        </identifiers>
        <balance>13130.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.46095000"/>
        <valUSD>594481.57000000</valUSD>
        <pctVal>0.188721813267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOYOTA INDUSTRIES CORPORATION</name>
        <lei>35380000WKGEAHEMW830</lei>
        <title>TOYOTA INDUSTRIES CORP.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3634600005"/>
        </identifiers>
        <balance>15600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>825656.95000000</valUSD>
        <pctVal>0.262109852692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICADE S.A.</name>
        <lei>969500UDH342QLTE1M42</lei>
        <title>ICADE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000035081"/>
        </identifiers>
        <balance>12663.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>881794.80000000</valUSD>
        <pctVal>0.279931156799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAUSCH HEALTH COMPANIES INC.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC</title>
        <cusip>071734107</cusip>
        <identifiers>
          <isin value="CA0717341071"/>
        </identifiers>
        <balance>34266.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>624939.38000000</valUSD>
        <pctVal>0.198390831487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOOLWORTHS GROUP LIMITED</name>
        <lei>QNWEWQBS7HP85QHXQL92</lei>
        <title>WOOLWORTHS GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WOW2"/>
        </identifiers>
        <balance>48574.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>1246764.88000000</valUSD>
        <pctVal>0.395793142707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NICE LTD</name>
        <lei>254900YTY4EF5Z4W0A51</lei>
        <title>NICE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002730112"/>
        </identifiers>
        <balance>6083.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.46095000"/>
        <valUSD>1133482.63000000</valUSD>
        <pctVal>0.359830999035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG HOLDINGS CO.,LTD.</name>
        <lei>N/A</lei>
        <title>SG HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3162770006"/>
        </identifiers>
        <balance>11900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>388265.28000000</valUSD>
        <pctVal>0.123257189740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD ASSET MANAGEMENT INC.</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>BROOKFIELD ASSET MANAGEMENT INC.</title>
        <cusip>112585104</cusip>
        <identifiers>
          <isin value="CA1125851040"/>
        </identifiers>
        <balance>30830.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1011368.87000000</valUSD>
        <pctVal>0.321065238454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KYOCERA CORPORATION</name>
        <lei>N/A</lei>
        <title>KYOCERA CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3249600002"/>
        </identifiers>
        <balance>14100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>766524.54000000</valUSD>
        <pctVal>0.243337907183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGC Inc.</name>
        <lei>JE4WFFEELMVPFZ0G1E77</lei>
        <title>AGC INC/JAPAN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3112000009"/>
        </identifiers>
        <balance>29500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>838091.49000000</valUSD>
        <pctVal>0.266057273528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>A.P. MOELLER - MAERSK A/S</name>
        <lei>549300D2K6PKKKXVNN73</lei>
        <title>AP MOLLER - MAERSK A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010244425"/>
        </identifiers>
        <balance>623.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63595000"/>
        <valUSD>675954.46000000</valUSD>
        <pctVal>0.214585880900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WPP PLC</name>
        <lei>549300LSGBXPYHXGDT93</lei>
        <title>WPP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B8KF9B49"/>
        </identifiers>
        <balance>150396.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1172216.14000000</valUSD>
        <pctVal>0.372127188875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLOPLAST A/S</name>
        <lei>529900NN7SOJ5QG82X67</lei>
        <title>COLOPLAST A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060448595"/>
        </identifiers>
        <balance>5460.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63595000"/>
        <valUSD>845829.16000000</valUSD>
        <pctVal>0.268513644232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ressources Teck Limitee</name>
        <lei>T8KI5SQ2JRWHL7XY0E11</lei>
        <title>TECK RESOURCES LTD</title>
        <cusip>878742204</cusip>
        <identifiers>
          <isin value="CA8787422044"/>
        </identifiers>
        <balance>94271.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>984239.07000000</valUSD>
        <pctVal>0.312452717380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLUTTER ENTERTAINMENT PLC</name>
        <lei>635400EG4YIJLJMZJ782</lei>
        <title>FLUTTER ENTERTAINMENT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BWT6H894"/>
        </identifiers>
        <balance>4530.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>593033.04000000</valUSD>
        <pctVal>0.188261968552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CASIO COMPUTER CO.,LTD.</name>
        <lei>353800JRMIABSXKHV344</lei>
        <title>CASIO COMPUTER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3209000003"/>
        </identifiers>
        <balance>49200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>852796.96000000</valUSD>
        <pctVal>0.270725614993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TSURUHA HOLDINGS INC.</name>
        <lei>N/A</lei>
        <title>TSURUHA HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3536150000"/>
        </identifiers>
        <balance>6800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>935996.66000000</valUSD>
        <pctVal>0.297137869030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TMX Group Limited</name>
        <lei>549300N65GFVKSHGJW59</lei>
        <title>TMX GROUP LTD</title>
        <cusip>87262K105</cusip>
        <identifiers>
          <isin value="CA87262K1057"/>
        </identifiers>
        <balance>10313.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>1016383.25000000</valUSD>
        <pctVal>0.322657084079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>CREDIT AGRICOLE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000045072"/>
        </identifiers>
        <balance>147121.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1392638.61000000</valUSD>
        <pctVal>0.442101651201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NN Group N.V.</name>
        <lei>724500OHYNDT9OY6Q215</lei>
        <title>NN GROUP NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010773842"/>
        </identifiers>
        <balance>58692.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1971012.30000000</valUSD>
        <pctVal>0.625709919365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIFUKU CO.,LTD.</name>
        <lei>N/A</lei>
        <title>DAIFUKU CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3497400006"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>305603.19000000</valUSD>
        <pctVal>0.097015603288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOYO SUISAN KAISHA, LTD.</name>
        <lei>N/A</lei>
        <title>TOYO SUISAN KAISHA LTD</title>
        <cusip>892306101</cusip>
        <identifiers>
          <isin value="JP3613000003"/>
        </identifiers>
        <balance>24700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1380553.37000000</valUSD>
        <pctVal>0.438265117788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FISHER &amp; PAYKEL HEALTHCARE CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>FISHER &amp; PAYKEL HEALTHCARE CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZFAPE0001S2"/>
        </identifiers>
        <balance>98260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.55340000"/>
        <valUSD>2251870.74000000</valUSD>
        <pctVal>0.714870150301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Real Estate Master Fund, Inc.</name>
        <lei>353800TNNZOQ1CPZE086</lei>
        <title>NOMURA REAL ESTATE MASTER FUND INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048110005"/>
        </identifiers>
        <balance>422.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>506157.48000000</valUSD>
        <pctVal>0.160682790258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINGSPAN GROUP PUBLIC LIMITED COMPANY</name>
        <lei>635400HM7V74SUB9OG75</lei>
        <title>KINGSPAN GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0004927939"/>
        </identifiers>
        <balance>14784.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>952279.89000000</valUSD>
        <pctVal>0.302307080065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>ROCHE HOLDING AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012032048"/>
        </identifiers>
        <balance>6777.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94755000"/>
        <valUSD>2348401.61000000</valUSD>
        <pctVal>0.745514465856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Porsche Automobil Holding SE</name>
        <lei>52990053Z17ZYM1KFV27</lei>
        <title>PORSCHE AUTOMOBIL HOLDING SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000PAH0038"/>
        </identifiers>
        <balance>23376.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1343197.80000000</valUSD>
        <pctVal>0.426406363435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YAMANA GOLD INC.</name>
        <lei>54930002VY22NXG01418</lei>
        <title>YAMANA GOLD INC</title>
        <cusip>98462Y100</cusip>
        <identifiers>
          <isin value="CA98462Y1007"/>
        </identifiers>
        <balance>78804.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>426999.65000000</valUSD>
        <pctVal>0.135553652592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JFE Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>JFE HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386030005"/>
        </identifiers>
        <balance>87000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>622551.79000000</valUSD>
        <pctVal>0.197632876426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WILMAR INTERNATIONAL LIMITED</name>
        <lei>549300H2EAI4YRLWBB20</lei>
        <title>WILMAR INTERNATIONAL LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T56930848"/>
        </identifiers>
        <balance>778000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39505000"/>
        <valUSD>2280936.17000000</valUSD>
        <pctVal>0.724097148967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSMOS Pharmaceutical Corporation</name>
        <lei>N/A</lei>
        <title>COSMOS PHARMACEUTICAL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3298400007"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>429271.91000000</valUSD>
        <pctVal>0.136274995438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QANTAS AIRWAYS LIMITED</name>
        <lei>YLXNW6TI6QSK1H8H0N82</lei>
        <title>QANTAS AIRWAYS LIMITED</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000QAN2"/>
        </identifiers>
        <balance>198487.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>516569.38000000</valUSD>
        <pctVal>0.163988111645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WHEELOCK AND COMPANY LIMITED</name>
        <lei>254900QXFKSHVV2YBM95</lei>
        <title>WHEELOCK &amp; CO., LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0020000177"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>919120.83000000</valUSD>
        <pctVal>0.291780533498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOYODA GOSEI CO., LTD.</name>
        <lei>353800ZV4HXVM4DWPO50</lei>
        <title>TOYODA GOSEI CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3634200004"/>
        </identifiers>
        <balance>36400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>756442.51000000</valUSD>
        <pctVal>0.240137305047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROTHER INDUSTRIES, LTD.</name>
        <lei>549300O5FACQ67KI6R92</lei>
        <title>BROTHER INDUSTRIES LTD</title>
        <cusip>114813108</cusip>
        <identifiers>
          <isin value="JP3830000000"/>
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        <balance>39700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>714625.76000000</valUSD>
        <pctVal>0.226862321795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SARTORIUS STEDIM BIOTECH S.A.</name>
        <lei>52990006IVXY7GCSSR39</lei>
        <title>SARTORIUS STEDIM BIOTECH</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013154002"/>
        </identifiers>
        <balance>2938.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>742460.83000000</valUSD>
        <pctVal>0.235698735148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferrovial, S.A.</name>
        <lei>95980020140005757903</lei>
        <title>FERROVIAL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0118900010"/>
        </identifiers>
        <balance>39393.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1048592.24000000</valUSD>
        <pctVal>0.332882025108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UCB S.A.</name>
        <lei>2138008J191VLSGY5A09</lei>
        <title>UCB SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003739530"/>
        </identifiers>
        <balance>8836.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1023183.69000000</valUSD>
        <pctVal>0.324815925383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Corporation</name>
        <lei>KVIPTY4PULAPGC1VVD26</lei>
        <title>MITSUBISHI CORP.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3898400001"/>
        </identifiers>
        <balance>44400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>934216.99000000</valUSD>
        <pctVal>0.296572901895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L E Lundbergforetagen Aktiebolag (publ)</name>
        <lei>529900BPSFZS6O3A9R04</lei>
        <title>LUNDBERGS AB-B SHS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000108847"/>
        </identifiers>
        <balance>50368.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>2285756.19000000</valUSD>
        <pctVal>0.725627293819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>THOMSON REUTERS CORPORATION</name>
        <lei>549300561UZND4C7B569</lei>
        <title>THOMSON REUTERS CORP</title>
        <cusip>884903709</cusip>
        <identifiers>
          <isin value="CA8849037095"/>
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        <balance>31703.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ArcelorMittal S.A.</name>
        <lei>2EULGUTUI56JI9SAL165</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU1598757687"/>
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        <balance>87120.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METRO INC.</name>
        <lei>549300KQ7DCG4IXSNW78</lei>
        <title>METRO INC.</title>
        <cusip>59162N109</cusip>
        <identifiers>
          <isin value="CA59162N1096"/>
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        <balance>67583.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DAIWA HOUSE REIT INVESTMENT CORPORATION</name>
        <lei>3538001FWU534P8JMO05</lei>
        <title>DAIWA HOUSE REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046390005"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000130809"/>
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        <balance>68313.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEGRAND S.A.</name>
        <lei>969500XXRPGD7HCAFA90</lei>
        <title>LEGRAND SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010307819"/>
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        <balance>16123.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEDIPAL HOLDINGS CORPORATION</name>
        <lei>353800PJDODZEA4NP730</lei>
        <title>MEDIPAL HOLDINGS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3268950007"/>
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        <balance>50200.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ajinomoto Co., Inc.</name>
        <lei>353800UT0TLROREPIC92</lei>
        <title>AJINOMOTO CO., INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3119600009"/>
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        <balance>27800.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mebuki Financial Group, Inc.</name>
        <lei>353800K1RXV3E3JAE812</lei>
        <title>MEBUKI FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3117700009"/>
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        <balance>383400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>888446.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sekisui House,Ltd.</name>
        <lei>529900GMNDOYQSAJAE76</lei>
        <title>SEKISUI HOUSE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3420600003"/>
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        <balance>59100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1124370.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK HAPOALIM B.M.</name>
        <lei>B6ARUI4946ST4S7WOU88</lei>
        <title>BANK HAPOALIM BM</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006625771"/>
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        <balance>153020.00000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="3.46095000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CNP ASSURANCES SA</name>
        <lei>969500QKVPV2H8UXM738</lei>
        <title>CNP ASSURANCES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120222"/>
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        <balance>53683.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALIMENTATION COUCHE-TARD INC.</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>ALIMENTATION COUCHE-TARD INC</title>
        <cusip>01626P403</cusip>
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          <isin value="CA01626P4033"/>
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        <balance>30154.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TELEPERFORMANCE SE</name>
        <lei>9695004GI61FHFFNRG61</lei>
        <title>TELEPERFORMANCE</title>
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          <isin value="FR0000051807"/>
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        <balance>3770.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nippon Prologis REIT, Inc.</name>
        <lei>353800PHBMSDLAFURY41</lei>
        <title>NIPPON PROLOGIS REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047550003"/>
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        <balance>442.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE ROYAL BANK OF SCOTLAND GROUP PUBLIC LIMITED COMPANY</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>ROYAL BANK OF SCOTLAND GROUP</title>
        <cusip>N/A</cusip>
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          <isin value="GB00B7T77214"/>
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        <balance>287973.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>SUMITOMO MITSUI FINANCIAL GROUP, INC.</title>
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          <isin value="JP3890350006"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nippon Building Fund Inc.</name>
        <lei>52990053R8NL2MB32172</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franco-Nevada Corporation</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EQT AB</name>
        <lei>213800U7P9GOIRKCTB34</lei>
        <title>EQT AB</title>
        <cusip>N/A</cusip>
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          <isin value="SE0012853455"/>
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        <balance>52951.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TELECOM ITALIA SPA</name>
        <lei>549300W384M3RI3VXU42</lei>
        <title>TELECOM ITALIA SPA/MILANO</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <balance>2918455.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAPLETREE LOGISTICS TRUST</name>
        <lei>549300M9EBZIYH387075</lei>
        <title>MAPLETREE LOGISTICS TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <balance>653600.00000000</balance>
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        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BLUESCOPE STEEL LIMITED</name>
        <lei>529900H6UQI16XACWC95</lei>
        <title>BLUESCOPE STEEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BSL0"/>
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        <balance>167149.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>1345312.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GALAPAGOS N.V.</name>
        <lei>549300QKJ78IY0IOV655</lei>
        <title>GALAPAGOS NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003818359"/>
        </identifiers>
        <balance>2223.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>437059.75000000</valUSD>
        <pctVal>0.138747292916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PERSIMMON PUBLIC LIMITED COMPANY</name>
        <lei>213800XI72Y57UWN6F31</lei>
        <title>PERSIMMON PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006825383"/>
        </identifiers>
        <balance>40411.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1141446.47000000</valUSD>
        <pctVal>0.362359168790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEC Corporation</name>
        <lei>5493000QYMPFRTEY4K28</lei>
        <title>NEC CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3733000008"/>
        </identifiers>
        <balance>24100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1154905.69000000</valUSD>
        <pctVal>0.366631880564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Real Estate Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>NOMURA REAL ESTATE HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762900003"/>
        </identifiers>
        <balance>16700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>309588.91000000</valUSD>
        <pctVal>0.098280894499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hulic Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>HULIC CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3360800001"/>
        </identifiers>
        <balance>88000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>825471.57000000</valUSD>
        <pctVal>0.262051002676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="816227.83000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Internet AG</name>
        <lei>3VEKWPJHTD4NKMBVG947</lei>
        <title>UNITED INTERNET AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005089031"/>
        </identifiers>
        <balance>15577.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>659750.29000000</valUSD>
        <pctVal>0.209441767947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J SAINSBURY PLC</name>
        <lei>213800VGZAAJIKJ9Y484</lei>
        <title>J SAINSBURY PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B019KW72"/>
        </identifiers>
        <balance>691363.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1782823.33000000</valUSD>
        <pctVal>0.565968178918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CK ASSET HOLDINGS LIMITED</name>
        <lei>5299006GJZSGP78B8S35</lei>
        <title>CK ASSET HOLDINGS LIMITED</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2177B1014"/>
        </identifiers>
        <balance>156500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>932887.77000000</valUSD>
        <pctVal>0.296150932870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Isracard Ltd.</name>
        <lei>N/A</lei>
        <title>ISRACARD LTDA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011574030"/>
        </identifiers>
        <balance>0.26000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.46095000"/>
        <valUSD>0.59000000</valUSD>
        <pctVal>0.000000187299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMPIRE COMPANY LIMITED</name>
        <lei>549300TX0ZUSTEF7C719</lei>
        <title>EMPIRE CO LTD</title>
        <cusip>291843407</cusip>
        <identifiers>
          <isin value="CA2918434077"/>
        </identifiers>
        <balance>31127.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>742980.01000000</valUSD>
        <pctVal>0.235863552017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LES COMPAGNIES LOBLAW LIMITEE</name>
        <lei>5493008LN3O1DIDTSH67</lei>
        <title>LOBLAW COMPANIES LTD</title>
        <cusip>539481101</cusip>
        <identifiers>
          <isin value="CA5394811015"/>
        </identifiers>
        <balance>51788.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>2513733.25000000</valUSD>
        <pctVal>0.798000006983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>West Japan Railway Company</name>
        <lei>353800QGUXHZ7EBCR121</lei>
        <title>WEST JAPAN RAILWAY CO.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3659000008"/>
        </identifiers>
        <balance>9500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>532390.97000000</valUSD>
        <pctVal>0.169010772236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yangzijiang Shipbuilding (Holdings) Ltd.</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>YANGZIJIANG SHIPBUILDING HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
        </identifiers>
        <balance>1631900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39505000"/>
        <valUSD>1087894.34000000</valUSD>
        <pctVal>0.345358717325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJIFILM Holdings Corporation</name>
        <lei>529900UBKMFM0ST6H474</lei>
        <title>FUJIFILM HOLDINGS CORPORATION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3814000000"/>
        </identifiers>
        <balance>21000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>897344.39000000</valUSD>
        <pctVal>0.284867469325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CK HUTCHISON HOLDINGS LIMITED</name>
        <lei>254900Z8HM1VEPOQ2G79</lei>
        <title>CK HUTCHISON HOLDINGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG217651051"/>
        </identifiers>
        <balance>273500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75045000"/>
        <valUSD>1757356.02000000</valUSD>
        <pctVal>0.557883425471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neste Oyj</name>
        <lei>5493009GY1X8GQ66AM14</lei>
        <title>NESTE OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009013296"/>
        </identifiers>
        <balance>33365.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1304470.88000000</valUSD>
        <pctVal>0.414112265631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WM MORRISON SUPERMARKETS P L C</name>
        <lei>213800IN6LSRGTZSOS29</lei>
        <title>WM MORRISON SUPERMARKETS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006043169"/>
        </identifiers>
        <balance>481144.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1132827.42000000</valUSD>
        <pctVal>0.359622998610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nexi S.p.A.</name>
        <lei>5493000P70CQRQG8SN85</lei>
        <title>NEXI SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005366767"/>
        </identifiers>
        <balance>55344.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>957261.30000000</valUSD>
        <pctVal>0.303888459161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyowa Kirin Co., Ltd.</name>
        <lei>529900TBXKVTQGYA3582</lei>
        <title>KYOWA KIRIN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3256000005"/>
        </identifiers>
        <balance>17300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>453646.94000000</valUSD>
        <pctVal>0.144012997913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ISRAEL DISCOUNT BANK LIMITED</name>
        <lei>549300XWZ7BG5G23OF51</lei>
        <title>ISRAEL DISCOUNT BANK-A</title>
        <cusip>465074201</cusip>
        <identifiers>
          <isin value="IL0006912120"/>
        </identifiers>
        <balance>282854.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.46095000"/>
        <valUSD>858136.35000000</valUSD>
        <pctVal>0.272420637031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOFINA S.A.</name>
        <lei>5493000GMVR38VUO5D39</lei>
        <title>SOFINA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003717312"/>
        </identifiers>
        <balance>4231.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1116734.99000000</valUSD>
        <pctVal>0.354514358203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VODAFONE GROUP PUBLIC LIMITED COMPANY</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>VODAFONE GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BH4HKS39"/>
        </identifiers>
        <balance>995017.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>1584266.93000000</valUSD>
        <pctVal>0.502935234358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SONY CORPORATION</name>
        <lei>529900R5WX9N2OI2N910</lei>
        <title>SONY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3435000009"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>800786.02000000</valUSD>
        <pctVal>0.254214423727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Repsol S.A.</name>
        <lei>BSYCX13Y0NOTV14V9N85</lei>
        <title>REPSOL SA-RTS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES06735169G0"/>
        </identifiers>
        <balance>160425.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>78072.84000000</valUSD>
        <pctVal>0.024784700948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="rights"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALSTOM SA</name>
        <lei>96950032TUYMW11FB530</lei>
        <title>ALSTOM SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010220475"/>
        </identifiers>
        <balance>22400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>1041819.51000000</valUSD>
        <pctVal>0.330731980513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOBU RAILWAY CO., LTD.</name>
        <lei>N/A</lei>
        <title>TOBU RAILWAY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3597800006"/>
        </identifiers>
        <balance>32200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1064031.14000000</valUSD>
        <pctVal>0.337783198416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magellan Financial Group Ltd</name>
        <lei>549300X5WFW6USQQ9U26</lei>
        <title>MAGELLAN FINANCIAL GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MFG4"/>
        </identifiers>
        <balance>14912.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>595584.72000000</valUSD>
        <pctVal>0.189072014987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MITSUBISHI GAS CHEMICAL COMPANY,INC.</name>
        <lei>529900G5O4J27ZPLJJ89</lei>
        <title>MITSUBISHI GAS CHEMICAL CO INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3896800004"/>
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        <balance>43600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>658738.47000000</valUSD>
        <pctVal>0.209120559494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JD SPORTS FASHION PLC</name>
        <lei>213800HROV6Y9MUU8375</lei>
        <title>JD SPORTS FASHION PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYX91H57"/>
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        <balance>59559.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80932000"/>
        <valUSD>457885.76000000</valUSD>
        <pctVal>0.145358637268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSL LIMITED</name>
        <lei>529900ECSECK5ZDQTE14</lei>
        <title>CSL LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CSL8"/>
        </identifiers>
        <balance>9586.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.45243000"/>
        <valUSD>1894192.49000000</valUSD>
        <pctVal>0.601323000460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TeamViewer AG</name>
        <lei>3912000FZ0R0KEK9JS42</lei>
        <title>TEAMVIEWER AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2YN900"/>
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        <balance>12293.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>671016.79000000</valUSD>
        <pctVal>0.213018387335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ACOM CO., LTD.</name>
        <lei>N/A</lei>
        <title>ACOM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3108600002"/>
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        <balance>209300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>797351.81000000</valUSD>
        <pctVal>0.253124212741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wheaton Precious Metals Corp.</name>
        <lei>549300XSFG5ZCGVYD886</lei>
        <title>WHEATON PRECIOUS METALS CORP</title>
        <cusip>962879102</cusip>
        <identifiers>
          <isin value="CA9628791027"/>
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        <balance>14010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>614197.58000000</valUSD>
        <pctVal>0.194980781325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke Ahold Delhaize N.V.</name>
        <lei>724500C9GNBV20UYRX36</lei>
        <title>KONINKLIJKE AHOLD DELHAIZE NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011794037"/>
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        <balance>80570.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>2195348.12000000</valUSD>
        <pctVal>0.696926698603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIURA CO., LTD.</name>
        <lei>N/A</lei>
        <title>MIURA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3880800002"/>
        </identifiers>
        <balance>7300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>303475.92000000</valUSD>
        <pctVal>0.096340288405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE SHIZUOKA BANK, LTD.</name>
        <lei>549300TJ1GRR4PX8GJ82</lei>
        <title>SHIZUOKA BANK LTD/THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3351200005"/>
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        <balance>126600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>813215.92000000</valUSD>
        <pctVal>0.258160371566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi UFJ Lease &amp; Finance Company Limited</name>
        <lei>353800MZ3QX9RLMH7B09</lei>
        <title>MITSUBISHI UFJ LEASE &amp; FINANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3499800005"/>
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        <balance>143500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>678361.22000000</valUSD>
        <pctVal>0.215349921594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HeidelbergCement AG</name>
        <lei>LZ2C6E0W5W7LQMX5ZI37</lei>
        <title>HEIDELBERGCEMENT AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006047004"/>
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        <balance>15201.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>811653.33000000</valUSD>
        <pctVal>0.257664317806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Investmentaktiebolaget Latour</name>
        <lei>5493006GFBLNB3Y0Y789</lei>
        <title>INVESTMENT AB LATOUR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010100958"/>
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        <balance>49138.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>891342.06000000</valUSD>
        <pctVal>0.282961992926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HYDRO ONE LIMITED</name>
        <lei>5493007QZDXTP1W2VL44</lei>
        <title>HYDRO ONE LTD</title>
        <cusip>448811208</cusip>
        <identifiers>
          <isin value="CA4488112083"/>
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        <balance>153583.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>2878835.53000000</valUSD>
        <pctVal>0.913903960590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oji Holdings Corporation</name>
        <lei>529900LVC9GIIYUGE243</lei>
        <title>OJI HOLDINGS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3174410005"/>
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        <balance>147600.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>685429.86000000</valUSD>
        <pctVal>0.217593904630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RYMAN HEALTHCARE LIMITED</name>
        <lei>529900UR74KKRFG56I57</lei>
        <title>RYMAN HEALTHCARE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZRYME0001S4"/>
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        <balance>92699.00000000</balance>
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        <valUSD>780547.78000000</valUSD>
        <pctVal>0.247789670559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARLSBERG A/S</name>
        <lei>5299001O0WJQYB5GYZ19</lei>
        <title>CARLSBERG A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010181759"/>
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        <balance>9549.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63595000"/>
        <valUSD>1261409.96000000</valUSD>
        <pctVal>0.400442312997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Lufthansa Aktiengesellschaft</name>
        <lei>529900PH63HYJ86ASW55</lei>
        <title>DEUTSCHE LUFTHANSA AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008232125"/>
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        <balance>43358.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>435454.87000000</valUSD>
        <pctVal>0.138237813937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="433343.25000000"/>
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      <invstOrSec>
        <name>POWER CORPORATION DU CANADA</name>
        <lei>549300BE2CB8T87IJV50</lei>
        <title>POWER CORP OF CANADA</title>
        <cusip>739239101</cusip>
        <identifiers>
          <isin value="CA7392391016"/>
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        <balance>55392.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>971190.13000000</valUSD>
        <pctVal>0.308310251504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="794267.38000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Essity Aktiebolag (publ)</name>
        <lei>549300G8E6YUVJ1DA153</lei>
        <title>ESSITY AKTIEBOLAG- B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009922164"/>
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        <balance>32248.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31665000"/>
        <valUSD>1042206.46000000</valUSD>
        <pctVal>0.330854820159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HIKARI TSUSHIN, INC.</name>
        <lei>3538001SOIIV8U3OXH94</lei>
        <title>HIKARI TSUSHIN INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3783420007"/>
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        <balance>2100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>477869.95000000</valUSD>
        <pctVal>0.151702740709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intact Corporation financiere</name>
        <lei>5493009LXGE7Y4U9OY43</lei>
        <title>INTACT FINANCIAL CORP</title>
        <cusip>45823T106</cusip>
        <identifiers>
          <isin value="CA45823T1066"/>
        </identifiers>
        <balance>26291.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36200000"/>
        <valUSD>2494170.42000000</valUSD>
        <pctVal>0.791789666854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEVA PHARMACEUTICAL INDUSTRIES LIMITED</name>
        <lei>549300BAFGM4RC74ZJ94</lei>
        <title>TEVA PHARMACEUTICAL INDUSTRIES LTD</title>
        <cusip>881624209</cusip>
        <identifiers>
          <isin value="US8816242098"/>
        </identifiers>
        <balance>64261.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>792338.13000000</valUSD>
        <pctVal>0.251532589336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RINNAI CORPORATION</name>
        <lei>N/A</lei>
        <title>RINNAI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3977400005"/>
        </identifiers>
        <balance>6100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>508875.19000000</valUSD>
        <pctVal>0.161545543932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fukuoka Financial Group, Inc.</name>
        <lei>N/A</lei>
        <title>FUKUOKA FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3805010000"/>
        </identifiers>
        <balance>42000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>662205.13000000</valUSD>
        <pctVal>0.210221071931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RWE Aktiengesellschaft</name>
        <lei>529900GB7KCA94ACC940</lei>
        <title>RWE AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007037129"/>
        </identifiers>
        <balance>18802.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>656966.61000000</valUSD>
        <pctVal>0.208558071691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGEAS SA</name>
        <lei>5493005DJBML6LY3RV36</lei>
        <title>AGEAS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974264930"/>
        </identifiers>
        <balance>24502.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89035000"/>
        <valUSD>867965.50000000</valUSD>
        <pctVal>0.275540960864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KDDI CORPORATION</name>
        <lei>5299003FU7V4I45FU310</lei>
        <title>KDDI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3496400007"/>
        </identifiers>
        <balance>36600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>1097134.91000000</valUSD>
        <pctVal>0.348292192833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBAYASHI CORPORATION</name>
        <lei>529900YT4O5S0LCXWD54</lei>
        <title>OBAYASHI CORPORATION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3190000004"/>
        </identifiers>
        <balance>84200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.88500000"/>
        <valUSD>786704.36000000</valUSD>
        <pctVal>0.249744114565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIDELITY GOVERNMENT PORTFOLIO</name>
        <lei>N/A</lei>
        <title>FIDELITY GOVERNMENT PORTFOLIO FRGXX 1.51% 2/11/2020 - Extendable</title>
        <cusip>1849969A6</cusip>
        <identifiers>
          <ticker value="FRGXX"/>
        </identifiers>
        <balance>4084598.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4084597.73999999</valUSD>
        <pctVal>1.296680554726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="4084597.73999999" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN PRIME MONEY MARKET FUND</name>
        <lei>N/A</lei>
        <title>JPMorgan Prime Money Market Fund - CJPXX 1.67% 1/31/2020 - Extendable</title>
        <cusip>4812A0367</cusip>
        <identifiers>
          <ticker value="CJPXX"/>
        </identifiers>
        <balance>537034.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>537033.88999999</valUSD>
        <pctVal>0.170484695609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="537033.88999999" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS FINANCIAL SQUARE PRIME OBLIGATIONS FUND</name>
        <lei>N/A</lei>
        <title>Goldman Sachs Financial Sq Prime Obligations- FPOXX Victory 1.62% 2/28/2018 - Extendable</title>
        <cusip>38141W364</cusip>
        <identifiers>
          <ticker value="FPOXX"/>
        </identifiers>
        <balance>938495.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>938495.31999999</valUSD>
        <pctVal>0.297931083942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="938495.31999999" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK LIQUIDITY FUNDS TEMPFUND PORTFOLIO</name>
        <lei>N/A</lei>
        <title>Blackrock Liquidity Funds Temp Fund Portfolio - TMPXX 1.67% 1/30/2020 - Extendable</title>
        <cusip>09248U619</cusip>
        <identifiers>
          <ticker value="TMPXX"/>
        </identifiers>
        <balance>134958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>134958.06000000</valUSD>
        <pctVal>0.042843262236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="134958.06000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS - PRIME PORTFOL</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Institutional Liquidity Fund - MPFXX 2.0073% 6/18/2018 - Extendable</title>
        <cusip>61747C715</cusip>
        <identifiers>
          <ticker value="MPFXX"/>
        </identifiers>
        <balance>2414609.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2414609.16999999</valUSD>
        <pctVal>0.766532461040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="2414609.16999999" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Victory Portfolios II</ncom:nameOfApplicant>
      <ncom:signature>Allan Shaer</ncom:signature>
      <ncom:signerName>Allan Shaer</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
