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      </invstOrSec>
      <invstOrSec>
        <name>Infomart Corp</name>
        <lei>N/A</lei>
        <title>Infomart Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3153480003"/>
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          <other otherDesc="SEDOL" value="B18RC03"/>
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        <balance>32800.00000000</balance>
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        <invCountry>JP</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Mani Inc</name>
        <lei>N/A</lei>
        <title>Mani Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3869920003"/>
          <ticker value="7730"/>
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        <balance>16400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xylem Inc/NY</name>
        <lei>549300DF5MV96DRYLQ48</lei>
        <title>Xylem Inc/NY</title>
        <cusip>98419M100</cusip>
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          <isin value="US98419M1009"/>
          <ticker value="XYL"/>
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        <balance>7380.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>530622.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PPG Industries Inc</name>
        <lei>549300BKPEP01R3V6C59</lei>
        <title>PPG Industries Inc</title>
        <cusip>693506107</cusip>
        <identifiers>
          <isin value="US6935061076"/>
          <ticker value="PPG"/>
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        <balance>3936.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>357506.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harmonic Drive Systems Inc</name>
        <lei>353800XFIX2EUARGOE85</lei>
        <title>Harmonic Drive Systems Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3765150002"/>
          <ticker value="6324"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dometic Group AB</name>
        <lei>549300STIPMK5VSA7Y59</lei>
        <title>Dometic Group AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0007691613"/>
          <ticker value="DOM"/>
          <other otherDesc="SEDOL" value="BYSXJB2"/>
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        <balance>46084.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sawai Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Sawai Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3323050009"/>
          <ticker value="4555"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kao Corp</name>
        <lei>353800HM38HFCB8RGL63</lei>
        <title>Kao Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3205800000"/>
          <ticker value="4452"/>
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        <balance>8200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Whitbread PLC</name>
        <lei>21380099VMZKRMN3EX36</lei>
        <title>Whitbread PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B1KJJ408"/>
          <ticker value="WTB"/>
          <other otherDesc="SEDOL" value="B1KJJ40"/>
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        <balance>7872.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.79280100"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tractor Supply Co</name>
        <lei>549300OJ9VZHZRO6I137</lei>
        <title>Tractor Supply Co</title>
        <cusip>892356106</cusip>
        <identifiers>
          <isin value="US8923561067"/>
          <ticker value="TSCO"/>
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        <balance>4756.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>482401.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pan Pacific International Hold</name>
        <lei>529900QLHJM2E18A5763</lei>
        <title>Pan Pacific International Holdings Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3639650005"/>
          <ticker value="7532"/>
          <other otherDesc="SEDOL" value="6269861"/>
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        <balance>32800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SATS Ltd</name>
        <lei>529900SEP1R0K8049D51</lei>
        <title>SATS Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="SG1I52882764"/>
          <ticker value="SATS"/>
          <other otherDesc="SEDOL" value="6243586"/>
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        <balance>100532.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Elekta AB</name>
        <lei>54930044O54BK617EP80</lei>
        <title>Elekta AB</title>
        <cusip>000000000</cusip>
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          <isin value="SE0000163628"/>
          <ticker value="EKTAB"/>
          <other otherDesc="SEDOL" value="B0M42T2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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      <invstOrSec>
        <name>Take-Two Interactive Software</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>Take-Two Interactive Software Inc</title>
        <cusip>874054109</cusip>
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          <isin value="US8740541094"/>
          <ticker value="TTWO"/>
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        <balance>2296.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Showa Denko KK</name>
        <lei>5493006AIPA1V92YPP18</lei>
        <title>Showa Denko KK</title>
        <cusip>000000000</cusip>
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          <isin value="JP3368000000"/>
          <ticker value="4004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>George Weston Ltd</name>
        <lei>549300GEHU6LUSPS7Q65</lei>
        <title>George Weston Ltd</title>
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          <isin value="CA9611485090"/>
          <ticker value="WN"/>
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        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>Interpump Group SpA</name>
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          <isin value="IT0001078911"/>
          <ticker value="IP"/>
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        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>Fuji Media Holdings Inc</name>
        <lei>353800TG2T8DSPV7H313</lei>
        <title>Fuji Media Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3819400007"/>
          <ticker value="4676"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>AddTech AB</name>
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        <title>AddTech AB</title>
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          <ticker value="ADDTB"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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      <invstOrSec>
        <name>Davide Campari-Milano SpA</name>
        <lei>213800ED5AN2J56N6Z02</lei>
        <title>Davide Campari-Milano SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005252207"/>
          <ticker value="CPR"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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        <name>Suncor Energy Inc</name>
        <lei>549300W70ZOQDVLCHY06</lei>
        <title>Suncor Energy Inc</title>
        <cusip>867224107</cusip>
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          <ticker value="SU"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Kaneka Corp</name>
        <lei>529900FWWCF6RY313R16</lei>
        <title>Kaneka Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3215800008"/>
          <ticker value="4118"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Flutter Entertainment PLC</name>
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      <invstOrSec>
        <name>Rohto Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
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          <isin value="JP3982400008"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Stryker Corp</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Suntory Beverage &amp; Food Ltd</name>
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      <invstOrSec>
        <name>CAE Inc</name>
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        <invCountry>CA</invCountry>
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        <name>Boral Ltd</name>
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        <invCountry>AU</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Apple Inc</name>
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          <isin value="US0378331005"/>
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        <curCd>USD</curCd>
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        <name>Komatsu Ltd</name>
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        <title>Komatsu Ltd</title>
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          <isin value="JP3304200003"/>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harvey Norman Holdings Ltd</name>
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        <title>Harvey Norman Holdings Ltd</title>
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          <isin value="AU000000HVN7"/>
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        <invCountry>AU</invCountry>
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        <name>Skylark Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Skylark Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3396210001"/>
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        <invCountry>JP</invCountry>
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        <name>Brown-Forman Corp</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <name>Sumitomo Chemical Co Ltd</name>
        <lei>353800RSAU9BD8U4DM91</lei>
        <title>Sumitomo Chemical Co Ltd</title>
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          <isin value="JP3401400001"/>
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        <invCountry>JP</invCountry>
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        <name>Burlington Stores Inc</name>
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        <title>Burlington Stores Inc</title>
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        <name>Edwards Lifesciences Corp</name>
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        <curCd>USD</curCd>
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        <name>Nissan Chemical Corp</name>
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        <name>Nexon Co Ltd</name>
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        <name>Danaher Corp</name>
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        <name>NTT</name>
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        <name>Demant A/S</name>
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        <invCountry>DK</invCountry>
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        <name>Casio Computer Co Ltd</name>
        <lei>353800JRMIABSXKHV344</lei>
        <title>Casio Computer Co Ltd</title>
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          <isin value="JP3209000003"/>
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        <name>Yokogawa Electric Corp</name>
        <lei>529900MV0U7C9WWF4L22</lei>
        <title>Yokogawa Electric Corp</title>
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        <name>Asahi Intecc Co Ltd</name>
        <lei>N/A</lei>
        <title>Asahi Intecc Co Ltd</title>
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        <invCountry>JP</invCountry>
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        <name>Fastenal Co</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>Fastenal Co</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Konica Minolta Inc</name>
        <lei>549300SVK6KRUOL1A740</lei>
        <title>Konica Minolta Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3300600008"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Cintas Corp</name>
        <lei>N/A</lei>
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          <isin value="US1729081059"/>
          <ticker value="CTAS"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nihon M&amp;A Center Inc</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="JP3689050007"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Walgreens Boots Alliance Inc</name>
        <lei>549300RPTUOIXG4LIH86</lei>
        <title>Walgreens Boots Alliance Inc</title>
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        <balance>5330.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCREEN Holdings Co Ltd</name>
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        <title>SCREEN Holdings Co Ltd</title>
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          <isin value="JP3494600004"/>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Altium Ltd</name>
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        <title>Altium Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000ALU8"/>
          <ticker value="ALU"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Benesse Holdings Inc</name>
        <lei>549300XOPEJA8L2IV934</lei>
        <title>Benesse Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3835620000"/>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sumitomo Rubber Industries Ltd</name>
        <lei>353800JD4V72SJ3EOX37</lei>
        <title>Sumitomo Rubber Industries Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3404200002"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Equifax Inc</name>
        <lei>5493004MCF8JDC86VS77</lei>
        <title>Equifax Inc</title>
        <cusip>294429105</cusip>
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          <isin value="US2944291051"/>
          <ticker value="EFX"/>
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        <balance>3854.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Internet AG</name>
        <lei>3VEKWPJHTD4NKMBVG947</lei>
        <title>United Internet AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE0005089031"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kyocera Corp</name>
        <lei>N/A</lei>
        <title>Kyocera Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3249600002"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Hitachi Construction Machinery</name>
        <lei>5493009B7C53PDH8W826</lei>
        <title>Hitachi Construction Machinery Co Ltd</title>
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          <isin value="JP3787000003"/>
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        <name>Proximus SADP</name>
        <lei>549300CWRXC5EP004533</lei>
        <title>Proximus SADP</title>
        <cusip>000000000</cusip>
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          <isin value="BE0003810273"/>
          <ticker value="PROX"/>
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        <invCountry>BE</invCountry>
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      <invstOrSec>
        <name>Intuit Inc</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
        <title>Intuit Inc</title>
        <cusip>461202103</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Workday Inc</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>Workday Inc</title>
        <cusip>98138H101</cusip>
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        <invCountry>US</invCountry>
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        <name>ZOZO Inc</name>
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        <title>ZOZO Inc</title>
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      <invstOrSec>
        <name>Sugi Holdings Co Ltd</name>
        <lei>529900N86BFWB1FADG87</lei>
        <title>Sugi Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3397060009"/>
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      <invstOrSec>
        <name>Juniper Networks Inc</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
        <title>Juniper Networks Inc</title>
        <cusip>48203R104</cusip>
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          <ticker value="JNPR"/>
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        <name>OKUMA Corp</name>
        <lei>N/A</lei>
        <title>OKUMA Corp</title>
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          <isin value="JP3172100004"/>
          <ticker value="6103"/>
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      <invstOrSec>
        <name>Kyowa Kirin Co Ltd</name>
        <lei>529900TBXKVTQGYA3582</lei>
        <title>Kyowa Kirin Co Ltd</title>
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          <ticker value="4151"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>OSG Corp</name>
        <lei>353800IWJAOVAFO6X450</lei>
        <title>OSG Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3170800001"/>
          <ticker value="6136"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NGK Spark Plug Co Ltd</name>
        <lei>549300RG3XQGTFM4HH31</lei>
        <title>NGK Spark Plug Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3738600000"/>
          <ticker value="5334"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fujitsu Ltd</name>
        <lei>3538000246DHJLRTUZ24</lei>
        <title>Fujitsu Ltd</title>
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          <isin value="JP3818000006"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Lowe's Cos Inc</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>Lowe's Cos Inc</title>
        <cusip>548661107</cusip>
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          <isin value="US5486611073"/>
          <ticker value="LOW"/>
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        <balance>3526.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>369348.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MISUMI Group Inc</name>
        <lei>353800SJWGE5BEK2V032</lei>
        <title>MISUMI Group Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3885400006"/>
          <ticker value="9962"/>
          <other otherDesc="SEDOL" value="6595179"/>
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        <balance>16400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LINE Corp</name>
        <lei>353800SE9WIPQJH4RB92</lei>
        <title>LINE Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3966750006"/>
          <ticker value="3938"/>
          <other otherDesc="SEDOL" value="BZB1Y59"/>
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        <balance>8200.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="106.93500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Denso Corp</name>
        <lei>549300RYPA10CQM3QK38</lei>
        <title>Denso Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3551500006"/>
          <ticker value="6902"/>
          <other otherDesc="SEDOL" value="6640381"/>
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        <balance>8200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Toyo Suisan Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Toyo Suisan Kaisha Ltd</title>
        <cusip>892306101</cusip>
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          <isin value="JP3613000003"/>
          <ticker value="2875"/>
          <other otherDesc="SEDOL" value="6899967"/>
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        <balance>16400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Expedia Group Inc</name>
        <lei>N/A</lei>
        <title>Expedia Group Inc</title>
        <cusip>30212P303</cusip>
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          <isin value="US30212P3038"/>
          <ticker value="EXPE"/>
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        <balance>3116.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>221173.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amphenol Corp</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>Amphenol Corp</title>
        <cusip>032095101</cusip>
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          <isin value="US0320951017"/>
          <ticker value="APH"/>
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        <balance>4838.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>427001.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>F5 Networks Inc</name>
        <lei>N/A</lei>
        <title>F5 Networks Inc</title>
        <cusip>315616102</cusip>
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          <isin value="US3156161024"/>
          <ticker value="FFIV"/>
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        <balance>3116.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>433934.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>B&amp;M European Value Retail SA</name>
        <lei>213800UK7ZRLY2K1X530</lei>
        <title>B&amp;M European Value Retail SA</title>
        <cusip>000000000</cusip>
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          <isin value="LU1072616219"/>
          <ticker value="BME"/>
          <other otherDesc="SEDOL" value="BMTRW10"/>
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        <balance>86346.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.79280100"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spark New Zealand Ltd</name>
        <lei>529900HUN51H3Y7QBB66</lei>
        <title>Spark New Zealand Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="NZTELE0001S4"/>
          <ticker value="SPK"/>
          <other otherDesc="SEDOL" value="6881436"/>
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        <balance>81016.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NSK Ltd</name>
        <lei>353800FVQK6SULSPBC69</lei>
        <title>NSK Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3720800006"/>
          <ticker value="6471"/>
          <other otherDesc="SEDOL" value="6641544"/>
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        <balance>65600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Honeywell International Inc</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>Honeywell International Inc</title>
        <cusip>438516106</cusip>
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          <isin value="US4385161066"/>
          <ticker value="HON"/>
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        <balance>2788.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>395617.20000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Estee Lauder Cos Inc/The</name>
        <lei>549300VFZ8XJ9NUPU221</lei>
        <title>Estee Lauder Cos Inc/The</title>
        <cusip>518439104</cusip>
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          <isin value="US5184391044"/>
          <ticker value="EL"/>
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        <balance>2050.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>361620.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FirstService Corp</name>
        <lei>5493000XUDIV75BCF118</lei>
        <title>FirstService Corp</title>
        <cusip>33767E202</cusip>
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          <isin value="CA33767E2024"/>
          <ticker value="FSV"/>
          <other otherDesc="SEDOL" value="BJMKSJ5"/>
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        <balance>3608.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ConvaTec Group PLC</name>
        <lei>213800LS272L4FIDOH92</lei>
        <title>ConvaTec Group PLC</title>
        <cusip>000000000</cusip>
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          <ticker value="CTEC"/>
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        <name>Henry Schein Inc</name>
        <lei>VGO3WGL8H45T73F4RR92</lei>
        <title>Henry Schein Inc</title>
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          <ticker value="HSIC"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Lam Research Corp</name>
        <lei>549300I4GMO6D34U1T02</lei>
        <title>Lam Research Corp</title>
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          <isin value="US5128071082"/>
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      <invstOrSec>
        <name>Justsystems Corp</name>
        <lei>5299006DS4ZV570NR192</lei>
        <title>Justsystems Corp</title>
        <cusip>000000000</cusip>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Rockwell Automation Inc</name>
        <lei>VH3R4HHBHH12O0EXZJ88</lei>
        <title>Rockwell Automation Inc</title>
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          <ticker value="ROK"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dollar Tree Inc</name>
        <lei>549300PMSTQITB1WHR43</lei>
        <title>Dollar Tree Inc</title>
        <cusip>256746108</cusip>
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          <isin value="US2567461080"/>
          <ticker value="DLTR"/>
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        <curCd>USD</curCd>
        <valUSD>280916.42000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Adobe Inc</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>Adobe Inc</title>
        <cusip>00724F101</cusip>
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          <ticker value="ADBE"/>
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        <curCd>USD</curCd>
        <valUSD>898952.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Southwest Airlines Co</name>
        <lei>UDTZ87G0STFETI6HGH41</lei>
        <title>Southwest Airlines Co</title>
        <cusip>844741108</cusip>
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          <isin value="US8447411088"/>
          <ticker value="LUV"/>
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        <name>Mineral Resources Ltd</name>
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        <name>Align Technology Inc</name>
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        <name>Hisamitsu Pharmaceutical Co In</name>
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        <name>Varian Medical Systems Inc</name>
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        <name>Shimadzu Corp</name>
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        <name>en-japan Inc</name>
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        <name>Thermo Fisher Scientific Inc</name>
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        <name>H Lundbeck A/S</name>
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        <invCountry>DK</invCountry>
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        <name>UGI Corp</name>
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        <name>Activision Blizzard Inc</name>
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        <name>Swedish Orphan Biovitrum AB</name>
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        <name>JP MORGAN U.S. GOVERNMENT MONEY MARKET INSTITUTIONAL SHARES</name>
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        <name>Nabtesco Corp</name>
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        <name>Amazon.com Inc</name>
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        <name>Morinaga &amp; Co Ltd/Japan</name>
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        <name>Western Digital Corp</name>
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        <name>ALS Ltd</name>
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        <name>PayPal Holdings Inc</name>
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        <name>Sanrio Co Ltd</name>
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        <name>Broadridge Financial Solutions</name>
        <lei>N/A</lei>
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        <name>Trelleborg AB</name>
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        <name>Nitto Denko Corp</name>
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        <name>Salmar ASA</name>
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      <invstOrSec>
        <name>Textron Inc</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
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      <invstOrSec>
        <name>Sapporo Holdings Ltd</name>
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      <invstOrSec>
        <name>Seiko Epson Corp</name>
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          <isin value="JP3414750004"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Coca-Cola Bottlers Japan Holdi</name>
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          <isin value="JP3293200006"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Molson Coors Beverage Co</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Hamamatsu Photonics KK</name>
        <lei>N/A</lei>
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          <isin value="JP3771800004"/>
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      <invstOrSec>
        <name>TOTO Ltd</name>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Splunk Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Sosei Group Corp</name>
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        <title>Sosei Group Corp</title>
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          <isin value="JP3431300007"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Sanwa Holdings Corp</name>
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          <isin value="JP3344400001"/>
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        <name>THK Co Ltd</name>
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        <name>LKQ Corp</name>
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        <name>Illumina Inc</name>
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        <name>Kansai Paint Co Ltd</name>
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        <name>Yaskawa Electric Corp</name>
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        <name>Rational AG</name>
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        <name>Seagate Technology PLC</name>
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        <name>Workman Co Ltd</name>
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        <name>Xilinx Inc</name>
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        <name>Fancl Corp</name>
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        <name>Asics Corp</name>
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        <title>Asics Corp</title>
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        <name>Cummins Inc</name>
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        <name>Booking Holdings Inc</name>
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      <invstOrSec>
        <name>JD Sports Fashion PLC</name>
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        <name>Husqvarna AB</name>
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        <name>Toho Gas Co Ltd</name>
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          <isin value="JP3600200004"/>
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        <name>Palo Alto Networks Inc</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fuji Electric Co Ltd</name>
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          <isin value="JP3820000002"/>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Kobayashi Pharmaceutical Co Lt</name>
        <lei>529900WBSL04KD6TKP95</lei>
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          <isin value="JP3301100008"/>
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        <invCountry>JP</invCountry>
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        <name>NVIDIA Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Suzuki Motor Corp</name>
        <lei>353800D83H0V3ZV1SV24</lei>
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        <name>Hitachi High-Tech Corp</name>
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        <title>Hitachi High-Tech Corp</title>
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        <name>Almirall SA</name>
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        <name>Zeon Corp</name>
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        <name>carsales.com Ltd</name>
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        <name>Open Text Corp</name>
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        <name>IDP Education Ltd</name>
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        <name>Amdocs Ltd</name>
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        <name>Dollar General Corp</name>
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        <name>Monster Beverage Corp</name>
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        <name>Olympus Corp</name>
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        <name>Z Holdings Corp</name>
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      <invstOrSec>
        <name>Descartes Systems Group Inc/Th</name>
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      <invstOrSec>
        <name>Nihon Kohden Corp</name>
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      <invstOrSec>
        <name>Stanley Black &amp; Decker Inc</name>
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          <isin value="US8545021011"/>
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      <invstOrSec>
        <name>Ingersoll Rand Inc</name>
        <lei>5299004C02FMZCUOIR50</lei>
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        <name>Advance Auto Parts Inc</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
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        <name>Hasbro Inc</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Coca-Cola HBC AG</name>
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        <title>Coca-Cola HBC AG</title>
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        <invCountry>CH</invCountry>
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        <name>Amada Co Ltd</name>
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        <title>Amada Co Ltd</title>
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          <isin value="JP3122800000"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Japan Airlines Co Ltd</name>
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          <isin value="JP3705200008"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Konami Holdings Corp</name>
        <lei>353800FC4A5QCMIZFV94</lei>
        <title>Konami Holdings Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3300200007"/>
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        <invCountry>JP</invCountry>
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        <name>Snap-on Inc</name>
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        <invCountry>US</invCountry>
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        <name>CyberAgent Inc</name>
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        <name>Oji Holdings Corp</name>
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        <name>Ionis Pharmaceuticals Inc</name>
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        <name>Analog Devices Inc</name>
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        <name>Renishaw PLC</name>
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        <name>Trend Micro Inc/Japan</name>
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        <name>Loblaw Cos Ltd</name>
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        <name>Celanese Corp</name>
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        <name>Alexion Pharmaceuticals Inc</name>
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        <name>WW Grainger Inc</name>
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        <name>Getinge AB</name>
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        <title>Getinge AB</title>
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        <name>Parker-Hannifin Corp</name>
        <lei>5493002CONDB4N2HKI23</lei>
        <title>Parker-Hannifin Corp</title>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Corteva Inc</name>
        <lei>549300WZN9I2QKLS0O94</lei>
        <title>Corteva Inc</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Hormel Foods Corp</name>
        <lei>MSD54751OJP1FS2ND863</lei>
        <title>Hormel Foods Corp</title>
        <cusip>440452100</cusip>
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          <isin value="US4404521001"/>
          <ticker value="HRL"/>
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        <curCd>USD</curCd>
        <valUSD>472529.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>eBay Inc</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>eBay Inc</title>
        <cusip>278642103</cusip>
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          <isin value="US2786421030"/>
          <ticker value="EBAY"/>
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        <balance>8856.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCSK Corp</name>
        <lei>529900SNGFXMSUBB7864</lei>
        <title>SCSK Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3400400002"/>
          <ticker value="9719"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hitachi Chemical Co Ltd</name>
        <lei>549300HJBGCOVO2MLG52</lei>
        <title>Hitachi Chemical Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3785000005"/>
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          <other otherDesc="SEDOL" value="6429126"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CBRE Group Inc</name>
        <lei>52990016II9MJ2OSWA10</lei>
        <title>CBRE Group Inc</title>
        <cusip>12504L109</cusip>
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          <isin value="US12504L1098"/>
          <ticker value="CBRE"/>
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        <balance>7708.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330904.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DS Smith PLC</name>
        <lei>39RSBE4RCI4M15BLWH36</lei>
        <title>DS Smith PLC</title>
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          <isin value="GB0008220112"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Toho Co Ltd/Tokyo</name>
        <lei>529900IYHHYWU4O3H185</lei>
        <title>Toho Co Ltd/Tokyo</title>
        <cusip>000000000</cusip>
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          <isin value="JP3598600009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Agilent Technologies Inc</name>
        <lei>QUIX8Y7A2WP0XRMW7G29</lei>
        <title>Agilent Technologies Inc</title>
        <cusip>00846U101</cusip>
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          <isin value="US00846U1016"/>
          <ticker value="A"/>
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        <balance>6560.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502889.60000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Methanex Corp</name>
        <lei>549300TSJHRXT9QXRD13</lei>
        <title>Methanex Corp</title>
        <cusip>59151K108</cusip>
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          <isin value="CA59151K1084"/>
          <ticker value="MX"/>
          <other otherDesc="SEDOL" value="2654416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEI Investments Co</name>
        <lei>5LJTIFADGZ6XH1RVOC11</lei>
        <title>SEI Investments Co</title>
        <cusip>784117103</cusip>
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          <isin value="US7841171033"/>
          <ticker value="SEIC"/>
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        <balance>8446.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>430408.16000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Park24 Co Ltd</name>
        <lei>549300LFG2WZWCWM4M68</lei>
        <title>Park24 Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3780100008"/>
          <ticker value="4666"/>
          <other otherDesc="SEDOL" value="6667733"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lion Corp</name>
        <lei>529900MPGS2GM7VPG855</lei>
        <title>Lion Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3965400009"/>
          <ticker value="4912"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MonotaRO Co Ltd</name>
        <lei>N/A</lei>
        <title>MonotaRO Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3922950005"/>
          <ticker value="3064"/>
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        <invCountry>JP</invCountry>
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        <name>Pigeon Corp</name>
        <lei>N/A</lei>
        <title>Pigeon Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3801600002"/>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capcom Co Ltd</name>
        <lei>529900JJWQKXS3TC8744</lei>
        <title>Capcom Co Ltd</title>
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          <isin value="JP3218900003"/>
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        <invCountry>JP</invCountry>
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        <name>Brother Industries Ltd</name>
        <lei>549300O5FACQ67KI6R92</lei>
        <title>Brother Industries Ltd</title>
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          <isin value="JP3830000000"/>
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        <invCountry>JP</invCountry>
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        <name>GN Store Nord A/S</name>
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        <title>GN Store Nord A/S</title>
        <cusip>000000000</cusip>
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        <name>Ebara Corp</name>
        <lei>353800UV8U3SOMCDTI49</lei>
        <title>Ebara Corp</title>
        <cusip>000000000</cusip>
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        <name>Ulta Beauty Inc</name>
        <lei>529900CIV6HN8M28YM82</lei>
        <title>Ulta Beauty Inc</title>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Zimmer Biomet Holdings Inc</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
        <title>Zimmer Biomet Holdings Inc</title>
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          <ticker value="ZBH"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Link Administration Holdings L</name>
        <lei>N/A</lei>
        <title>Link Administration Holdings Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nippon Television Holdings Inc</name>
        <lei>N/A</lei>
        <title>Nippon Television Holdings Inc</title>
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          <isin value="JP3732200005"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Seria Co Ltd</name>
        <lei>N/A</lei>
        <title>Seria Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3423520000"/>
          <ticker value="2782"/>
          <other otherDesc="SEDOL" value="6680718"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bandai Namco Holdings Inc</name>
        <lei>N/A</lei>
        <title>Bandai Namco Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3778630008"/>
          <ticker value="7832"/>
          <other otherDesc="SEDOL" value="B0JDQD4"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ritchie Bros Auctioneers Inc</name>
        <lei>5493002H8U24DJXQ4886</lei>
        <title>Ritchie Bros Auctioneers Inc</title>
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          <isin value="CA7677441056"/>
          <ticker value="RBA"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metso Oyj</name>
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        <cusip>000000000</cusip>
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          <isin value="FI0009007835"/>
          <ticker value="METSO"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emerson Electric Co</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>Emerson Electric Co</title>
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          <isin value="US2910111044"/>
          <ticker value="EMR"/>
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        <curCd>USD</curCd>
        <valUSD>406852.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tenaris SA</name>
        <lei>549300Y7C05BKC4HZB40</lei>
        <title>Tenaris SA</title>
        <cusip>000000000</cusip>
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          <isin value="LU0156801721"/>
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          <other otherDesc="SEDOL" value="7538515"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>M3 Inc</name>
        <lei>N/A</lei>
        <title>M3 Inc</title>
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          <isin value="JP3435750009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VMware Inc</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMware Inc</title>
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          <isin value="US9285634021"/>
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        <curCd>USD</curCd>
        <valUSD>291185.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>K's Holdings Corp</name>
        <lei>3538003LJ09YLR6NHG27</lei>
        <title>K's Holdings Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3277150003"/>
          <ticker value="8282"/>
          <other otherDesc="SEDOL" value="6484277"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Facebook Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Facebook Inc</title>
        <cusip>30303M102</cusip>
        <identifiers>
          <isin value="US30303M1027"/>
          <ticker value="FB"/>
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        <balance>2378.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>486800.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zensho Holdings Co Ltd</name>
        <lei>353800DYF3UDM49ITT03</lei>
        <title>Zensho Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3429300001"/>
          <ticker value="7550"/>
          <other otherDesc="SEDOL" value="6042608"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Salvatore Ferragamo SpA</name>
        <lei>5493005GRP0FEE3NRI35</lei>
        <title>Salvatore Ferragamo SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0004712375"/>
          <ticker value="SFER"/>
          <other otherDesc="SEDOL" value="B5VZ053"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>Kingspan Group PLC</name>
        <lei>635400HM7V74SUB9OG75</lei>
        <title>Kingspan Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="IE0004927939"/>
          <ticker value="KSP"/>
          <other otherDesc="SEDOL" value="4491235"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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        <name>Synopsys Inc</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
        <title>Synopsys Inc</title>
        <cusip>871607107</cusip>
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          <ticker value="SNPS"/>
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        <balance>4674.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Canon Inc</name>
        <lei>529900JH1GSC035SSP77</lei>
        <title>Canon Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3242800005"/>
          <ticker value="7751"/>
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        <invCountry>JP</invCountry>
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        <name>Universal Display Corp</name>
        <lei>N/A</lei>
        <title>Universal Display Corp</title>
        <cusip>91347P105</cusip>
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          <isin value="US91347P1057"/>
          <ticker value="OLED"/>
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        <curCd>USD</curCd>
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        <name>Japan Airport Terminal Co Ltd</name>
        <lei>353800W9WEQSGUY2EO26</lei>
        <title>Japan Airport Terminal Co Ltd</title>
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          <isin value="JP3699400002"/>
          <ticker value="9706"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <name>Tsumura &amp; Co</name>
        <lei>N/A</lei>
        <title>Tsumura &amp; Co</title>
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          <isin value="JP3535800001"/>
          <ticker value="4540"/>
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        <invCountry>JP</invCountry>
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        <name>Nemetschek SE</name>
        <lei>529900R0S2IX1S358J38</lei>
        <title>Nemetschek SE</title>
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          <isin value="DE0006452907"/>
          <ticker value="NEM"/>
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        <invCountry>DE</invCountry>
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        <name>IMI PLC</name>
        <lei>2138002W9Q21PF751R30</lei>
        <title>IMI PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BGLP8L22"/>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>Mitsubishi Chemical Holdings C</name>
        <lei>353800YNKX4RQUGAR072</lei>
        <title>Mitsubishi Chemical Holdings Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3897700005"/>
          <ticker value="4188"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp</title>
        <cusip>458140100</cusip>
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          <isin value="US4581401001"/>
          <ticker value="INTC"/>
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      <invstOrSec>
        <name>Daicel Corp</name>
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      <invstOrSec>
        <name>Dover Corp</name>
        <lei>549300FMC2ALGA7N9E80</lei>
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        <name>Calbee Inc</name>
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        <title>Calbee Inc</title>
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      <invstOrSec>
        <name>Ono Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
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          <isin value="JP3197600004"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Pola Orbis Holdings Inc</name>
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        <title>Pola Orbis Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3855900001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Hoshizaki Corp</name>
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        <title>Hoshizaki Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3845770001"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>DENTSPLY SIRONA Inc</name>
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        <title>DENTSPLY SIRONA Inc</title>
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          <ticker value="XRAY"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FUJIFILM Holdings Corp</name>
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          <isin value="JP3814000000"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Gilead Sciences Inc</name>
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        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
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        <name>IFF</name>
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        <title>International Flavors &amp; Fragrances Inc</title>
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        <name>Zoetis Inc</name>
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        <name>Qorvo Inc</name>
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        <name>Oracle Corp</name>
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        <name>Matsumotokiyoshi Holdings Co L</name>
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        <name>Kakaku.com Inc</name>
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        <name>Recruit Holdings Co Ltd</name>
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        <name>Orion Oyj</name>
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        <invCountry>FI</invCountry>
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        <name>QUALCOMM Inc</name>
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        <title>QUALCOMM Inc</title>
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        <name>Ezaki Glico Co Ltd</name>
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        <title>Ezaki Glico Co Ltd</title>
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        <name>Autodesk Inc</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>Autodesk Inc</title>
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        <name>Horiba Ltd</name>
        <lei>529900OOTWPYSNW0EC84</lei>
        <title>Horiba Ltd</title>
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        <invCountry>JP</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Becton Dickinson and Co</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
        <title>Becton Dickinson and Co</title>
        <cusip>075887109</cusip>
        <identifiers>
          <isin value="US0758871091"/>
          <ticker value="BDX"/>
        </identifiers>
        <balance>1804.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455564.12000000</valUSD>
        <pctVal>0.348633228313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cooper Cos Inc/The</name>
        <lei>QJKMVPIGLH7530PCUE20</lei>
        <title>Cooper Cos Inc/The</title>
        <cusip>216648402</cusip>
        <identifiers>
          <isin value="US2166484020"/>
          <ticker value="COO"/>
        </identifiers>
        <balance>1394.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>399659.80000000</valUSD>
        <pctVal>0.305850878469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cisco Systems Inc</name>
        <lei>8E6NF1YAL0WT6CWXXV93</lei>
        <title>Cisco Systems Inc</title>
        <cusip>17275R102</cusip>
        <identifiers>
          <isin value="US17275R1023"/>
          <ticker value="CSCO"/>
        </identifiers>
        <balance>9840.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417019.20000000</valUSD>
        <pctVal>0.319135646514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Exchange Listed Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Dennis Lowenfels</ncom:signature>
      <ncom:signerName>Dennis Lowenfels</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
