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      <totLiabs>24866.520000000000</totLiabs>
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        <name>Berli Jucker Public Company Limited</name>
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        <name>The Electricity Generating Public Company Limited</name>
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        <name>Siam Cement Public Co Ltd</name>
        <lei>529900SEH9QK8ZZDCQ89</lei>
        <title>SIAM CEMENT PUB CO-FOR R /THB/</title>
        <cusip>Y7866P147</cusip>
        <identifiers>
          <isin value="TH0003010Z12"/>
          <ticker value="SCVPF"/>
          <other otherDesc="SEDOL" value="6609906"/>
        </identifiers>
        <balance>900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10399.64</valUSD>
        <pctVal>0.1442047568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wistron Corp</name>
        <lei>254900DIEONKUALBFM06</lei>
        <title>WISTRON CORP /TWD/</title>
        <cusip>Y96738102</cusip>
        <identifiers>
          <isin value="TW0003231007"/>
          <ticker value="WICOF"/>
          <other otherDesc="SEDOL" value="6672481"/>
        </identifiers>
        <balance>219000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>230738.79</valUSD>
        <pctVal>3.1994983575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Televisa S A B</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>GRUPO TELEVISA SAB /MXN/</title>
        <cusip>P4987V137</cusip>
        <identifiers>
          <isin value="MXP4987V1378"/>
          <ticker value="GRPFF"/>
          <other otherDesc="SEDOL" value="2380108"/>
        </identifiers>
        <balance>11078.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>20781.23</valUSD>
        <pctVal>0.2881592265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Bimbo S.A.B de C.V.</name>
        <lei>5493000RIXURZEBFEV60</lei>
        <title>GRUPO BIMBO SAB CV /MXN/</title>
        <cusip>P4949B104</cusip>
        <identifiers>
          <isin value="MXP495211262"/>
          <ticker value="GRBMF"/>
          <other otherDesc="SEDOL" value="2392471"/>
        </identifiers>
        <balance>4786.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>14746.83</valUSD>
        <pctVal>0.2044842931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uni-President Enterprises Corp</name>
        <lei>254900DAXBDMVEXU5959</lei>
        <title>UNI-PRESIDENT ENTERPRISE /TWD/</title>
        <cusip>Y91475106</cusip>
        <identifiers>
          <isin value="TW0001216000"/>
          <ticker value="1216"/>
          <other otherDesc="SEDOL" value="6700393"/>
        </identifiers>
        <balance>8377.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>20770.67</valUSD>
        <pctVal>0.2880127981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>President Chain Store Corp</name>
        <lei>N/A</lei>
        <title>PRESIDENT CHAIN STORE CO /TWD/</title>
        <cusip>Y7082T105</cusip>
        <identifiers>
          <isin value="TW0002912003"/>
          <ticker value="2912"/>
          <other otherDesc="SEDOL" value="6704986"/>
        </identifiers>
        <balance>2043.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>20195.92</valUSD>
        <pctVal>0.2800431296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Synnex Tech Intl</name>
        <lei>529900GMBJ3R4A2WBC71</lei>
        <title>SYNNEX TECHNOLOGY INTL C /TWD/</title>
        <cusip>Y8344J109</cusip>
        <identifiers>
          <isin value="TW0002347002"/>
          <ticker value="2347"/>
          <other otherDesc="SEDOL" value="6868439"/>
        </identifiers>
        <balance>115591.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>276579.47</valUSD>
        <pctVal>3.8351399866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Cement</name>
        <lei>529900C56C3PB9X9ZO58</lei>
        <title>TAIWAN CEMENT /TWD/</title>
        <cusip>Y8415D106</cusip>
        <identifiers>
          <isin value="TW0001101004"/>
          <ticker value="TGBMF"/>
          <other otherDesc="SEDOL" value="6869937"/>
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        <balance>51946.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>90122.09</valUSD>
        <pctVal>1.2496619183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gruma S.A.B.de C.V.</name>
        <lei>5493000XJLJ6C4T0PG82</lei>
        <title>GRUMA S.A.B.-B /MXN/</title>
        <cusip>P4948K121</cusip>
        <identifiers>
          <isin value="MXP4948K1056"/>
          <ticker value="GPAGF"/>
          <other otherDesc="SEDOL" value="2392545"/>
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        <balance>1176.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>15030.03</valUSD>
        <pctVal>0.2084112355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CEMEX S.A.B. de C.V.</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>CEMEX SAB-CPO /MXN/</title>
        <cusip>P2253T133</cusip>
        <identifiers>
          <isin value="MXP225611567"/>
          <ticker value="CXMSF"/>
          <other otherDesc="SEDOL" value="2406457"/>
        </identifiers>
        <balance>21151.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>14451.54</valUSD>
        <pctVal>0.2003897069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GPO Fin Banorte</name>
        <lei>N/A</lei>
        <title>GRUPO FINANCIERO BANORTE /MXN/</title>
        <cusip>P49501201</cusip>
        <identifiers>
          <isin value="MXP370711014"/>
          <ticker value="GBOOF"/>
          <other otherDesc="SEDOL" value="2421041"/>
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        <balance>3734.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>24285.45</valUSD>
        <pctVal>0.3367498694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itausa S.A.</name>
        <lei>N/A</lei>
        <title>ITAUSA SA /BRL/</title>
        <cusip>P58711105</cusip>
        <identifiers>
          <isin value="BRITSAACNPR7"/>
          <ticker value="ITVMF"/>
          <other otherDesc="SEDOL" value="2458771"/>
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        <balance>26108.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>41857.17</valUSD>
        <pctVal>0.5804049968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bumrungrad Hospital P</name>
        <lei>N/A</lei>
        <title>BUMRUNGRAD HOSPITAL /THB/</title>
        <cusip>Y1002E256</cusip>
        <identifiers>
          <isin value="TH0168A10Z19"/>
          <ticker value="BUHPF"/>
          <other otherDesc="SEDOL" value="B0166H5"/>
        </identifiers>
        <balance>2400.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10130.22</valUSD>
        <pctVal>0.1404688923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akbank T.A.S.</name>
        <lei>789000TUMN63Z28TJ497</lei>
        <title>AKBANK T.A.S. /TRY/</title>
        <cusip>M0300L106</cusip>
        <identifiers>
          <isin value="TRAAKBNK91N6"/>
          <ticker value="AKBNK"/>
          <other otherDesc="SEDOL" value="B03MN70"/>
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        <balance>4531.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2466.04</valUSD>
        <pctVal>0.0341949047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcelik A.S.</name>
        <lei>789000748KTQCUMJ0R25</lei>
        <title>ARCELIK AS /TRY/</title>
        <cusip>M1490L104</cusip>
        <identifiers>
          <isin value="TRAARCLK91H5"/>
          <ticker value="ARCLK"/>
          <other otherDesc="SEDOL" value="B03MP18"/>
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        <balance>588.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2151.27</valUSD>
        <pctVal>0.0298302025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aselsan</name>
        <lei>7890008XT4M710MU8714</lei>
        <title>ASELSAN ELEKTRONIK SANAY /TRY/</title>
        <cusip>M1501H100</cusip>
        <identifiers>
          <isin value="TRAASELS91H2"/>
          <ticker value="ASELS"/>
          <other otherDesc="SEDOL" value="B03MP41"/>
        </identifiers>
        <balance>2373.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>3745.43</valUSD>
        <pctVal>0.0519353384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eregli Demir Celik</name>
        <lei>789000VYQF5IDGG49908</lei>
        <title>EREGLI DEMIR VE CELIK FA /TRY/</title>
        <cusip>M40710101</cusip>
        <identifiers>
          <isin value="TRAEREGL91G3"/>
          <ticker value="EREGL"/>
          <other otherDesc="SEDOL" value="B03MS97"/>
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        <balance>1647.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>3505.90</valUSD>
        <pctVal>0.0486139383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Otosan</name>
        <lei>7890006XJG6ZE2H34671</lei>
        <title>FORD OTOMOTIV SANAYI AS /TRY/</title>
        <cusip>M7608S105</cusip>
        <identifiers>
          <isin value="TRAOTOSN91H6"/>
          <ticker value="FROTO"/>
          <other otherDesc="SEDOL" value="B03MSR5"/>
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        <balance>115.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2069.81</valUSD>
        <pctVal>0.0287006519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOC Holdings AG</name>
        <lei>7890005U0H950VH19H45</lei>
        <title>KOC HOLDING AS /TRY/</title>
        <cusip>M63751107</cusip>
        <identifiers>
          <isin value="TRAKCHOL91Q8"/>
          <ticker value="KCHOL"/>
          <other otherDesc="SEDOL" value="B03MVJ8"/>
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        <balance>1653.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>3546.16</valUSD>
        <pctVal>0.0491721964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sasa Polyester Sanayi As</name>
        <lei>789000PXBZOJWTDSXE13</lei>
        <title>SASA POLYESTER SANAYI /TRY/</title>
        <cusip>M82341104</cusip>
        <identifiers>
          <isin value="TRASASAW91E4"/>
          <ticker value="SASA"/>
          <other otherDesc="SEDOL" value="B03MXD6"/>
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        <balance>1028.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>4106.87</valUSD>
        <pctVal>0.0569471818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimberly-Clark de Mexico S.A.B. de C.V.</name>
        <lei>549300JGHL56QT00KT54</lei>
        <title>KIMBERLY CLARK DE MEXICO /MXN/</title>
        <cusip>P60694117</cusip>
        <identifiers>
          <isin value="MXP606941179"/>
          <ticker value="KCDMF"/>
          <other otherDesc="SEDOL" value="2491914"/>
        </identifiers>
        <balance>8172.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>12416.35</valUSD>
        <pctVal>0.1721691070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GPO Aeroportuario</name>
        <lei>5299001W7JIDXCUOUC82</lei>
        <title>GRUPO AEROPORT DEL SURES /MXN/</title>
        <cusip>P4950Y118</cusip>
        <identifiers>
          <isin value="MXP001661018"/>
          <ticker value="ASRMF"/>
          <other otherDesc="SEDOL" value="2639349"/>
        </identifiers>
        <balance>816.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>16822.94</valUSD>
        <pctVal>0.2332723028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GPO Mexico Sa</name>
        <lei>529900JWLZAYET2ZGW20</lei>
        <title>GRUPO MEXICO SAB DE CV-S /MXN/</title>
        <cusip>P49538112</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
          <ticker value="GMBXF"/>
          <other otherDesc="SEDOL" value="2643674"/>
        </identifiers>
        <balance>6714.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>29268.72</valUSD>
        <pctVal>0.4058494957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>America Movil S.A.B. de C.V.</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SAB DE CV /MXN/</title>
        <cusip>P0280A101</cusip>
        <identifiers>
          <isin value="MXP001691213"/>
          <ticker value="AMXVF"/>
          <other otherDesc="SEDOL" value="2667470"/>
        </identifiers>
        <balance>63413.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>67143.36</valUSD>
        <pctVal>0.9310314492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Sise ve Cam Fabrikalari A.S.</name>
        <lei>789000KWOK751Q6R8875</lei>
        <title>TURK SISE VE CAM FABRIKA /TRY/</title>
        <cusip>M9013U105</cusip>
        <identifiers>
          <isin value="TRASISEW91Q3"/>
          <ticker value="SISE"/>
          <other otherDesc="SEDOL" value="B03MXR0"/>
        </identifiers>
        <balance>4387.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>4437.07</valUSD>
        <pctVal>0.0615258413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkcell Iletisim Hizmetleri AS</name>
        <lei>7890003EX1LTLS2FFL84</lei>
        <title>TURKCELL ILETISIM HIZMET /TRY/</title>
        <cusip>M8903B102</cusip>
        <identifiers>
          <isin value="TRATCELL91M1"/>
          <ticker value="TCELL"/>
          <other otherDesc="SEDOL" value="B03MYN3"/>
        </identifiers>
        <balance>1361.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>1899.17</valUSD>
        <pctVal>0.0263345027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Garanti Bankasi A.S.</name>
        <lei>5493002XSS7K7RHN1V37</lei>
        <title>TURKIYE GARANTI BANKASI /TRY/</title>
        <cusip>M4752S106</cusip>
        <identifiers>
          <isin value="TRAGARAN91N1"/>
          <ticker value="TKGBF"/>
          <other otherDesc="SEDOL" value="B03MYP5"/>
        </identifiers>
        <balance>2614.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2226.91</valUSD>
        <pctVal>0.0308790511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Is Bankasi A.S.</name>
        <lei>789000FIRX9MDN0KTM91</lei>
        <title>TURKIYE IS BANKASI-C /TRY/</title>
        <cusip>M8933F115</cusip>
        <identifiers>
          <isin value="TRAISCTR91N2"/>
          <ticker value="ISCTR"/>
          <other otherDesc="SEDOL" value="B03MYS8"/>
        </identifiers>
        <balance>4653.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2528.92</valUSD>
        <pctVal>0.0350668190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sociedad Quimica y Minera de Chile S A</name>
        <lei>TJ88LXZZW5PWIN93ZC81</lei>
        <title>SOC QUIMICA Y MINERA CHI /CLP/</title>
        <cusip>P8716X108</cusip>
        <identifiers>
          <isin value="CLP8716X1082"/>
          <ticker value="SQM-B"/>
          <other otherDesc="SEDOL" value="2718301"/>
        </identifiers>
        <balance>183.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="852.000000"/>
        <valUSD>9340.95</valUSD>
        <pctVal>0.1295246204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Falabella SA</name>
        <lei>5493004CKJQ7H391LM41</lei>
        <title>FALABELLA SA /CLP/</title>
        <cusip>P3880F108</cusip>
        <identifiers>
          <isin value="CLP3880F1085"/>
          <ticker value="FALABELLA"/>
          <other otherDesc="SEDOL" value="2771672"/>
        </identifiers>
        <balance>2228.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="852.000000"/>
        <valUSD>7267.15</valUSD>
        <pctVal>0.1007686418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Petrol Rafinerileri A.S.</name>
        <lei>789000RCNG97UV50EE03</lei>
        <title>TUPRAS-TURKIYE PETROL RA /TRY/</title>
        <cusip>M8966X108</cusip>
        <identifiers>
          <isin value="TRATUPRS91E8"/>
          <ticker value="TUPRF"/>
          <other otherDesc="SEDOL" value="B03MYT9"/>
        </identifiers>
        <balance>326.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>3804.85</valUSD>
        <pctVal>0.0527592752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yapi Ve Kredi Bankasi A.S.</name>
        <lei>B85ZYWEZ5IZCZ2WNIO12</lei>
        <title>YAPI VE KREDI BANKASI /TRY/</title>
        <cusip>M9869G101</cusip>
        <identifiers>
          <isin value="TRAYKBNK91N6"/>
          <ticker value="YKBNK"/>
          <other otherDesc="SEDOL" value="B03MZJ6"/>
        </identifiers>
        <balance>10021.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2560.36</valUSD>
        <pctVal>0.0355027762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CP All Public Company Limited</name>
        <lei>894500LSBZLM09TY1A91</lei>
        <title>CP ALL PCL FOREIGN /THB/</title>
        <cusip>Y1772K169</cusip>
        <identifiers>
          <isin value="TH0737010Y16"/>
          <ticker value="CVPBF"/>
          <other otherDesc="SEDOL" value="B08YDF9"/>
        </identifiers>
        <balance>5500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>9714.11</valUSD>
        <pctVal>0.1346989771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIM Birlesik Magaz</name>
        <lei>7890001GCDJQD8DJKE29</lei>
        <title>BIM BIRLESIK MAGAZALAR A /TRY/</title>
        <cusip>M2014F102</cusip>
        <identifiers>
          <isin value="TREBIMM00018"/>
          <ticker value="BMBRF"/>
          <other otherDesc="SEDOL" value="B0D0006"/>
        </identifiers>
        <balance>1063.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>4925.69</valUSD>
        <pctVal>0.0683012036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WPG Holdings Limited</name>
        <lei>N/A</lei>
        <title>WPG HOLDINGS LTD /TWD/</title>
        <cusip>Y9698R101</cusip>
        <identifiers>
          <isin value="TW0003702007"/>
          <ticker value="3702"/>
          <other otherDesc="SEDOL" value="B0P6L87"/>
        </identifiers>
        <balance>124474.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>236647.72</valUSD>
        <pctVal>3.2814334835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT Exploration and Production Public Company Limited</name>
        <lei>2549001O8YYGP5N7Q076</lei>
        <title>PTT EXPLORATION &amp; PROD-F /THB/</title>
        <cusip>Y7145P165</cusip>
        <identifiers>
          <isin value="TH0355A10Z12"/>
          <ticker value="PTXLF"/>
          <other otherDesc="SEDOL" value="B1359J0"/>
        </identifiers>
        <balance>5900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>20841.19</valUSD>
        <pctVal>0.2889906512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arca Continental S.A.B. de C.V.</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>ARCA CONTINENTAL SAB DE  /MXN/</title>
        <cusip>P0448R103</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
          <ticker value="EMBVF"/>
          <other otherDesc="SEDOL" value="2823885"/>
        </identifiers>
        <balance>2207.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>14014.51</valUSD>
        <pctVal>0.1943297082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Elektra S.A.B. de C.V.</name>
        <lei>4469000001BCXPDCGY70</lei>
        <title>GRUPO ELEKTRA SAB DE CV /MXN/</title>
        <cusip>P3642B213</cusip>
        <identifiers>
          <isin value="MX01EL000003"/>
          <ticker value="ELEKTRA *"/>
          <other otherDesc="SEDOL" value="2967084"/>
        </identifiers>
        <balance>315.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>23845.57</valUSD>
        <pctVal>0.3306503516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KGHM Polska Miedz SA</name>
        <lei>G30CO71KTT9JDYJESN22</lei>
        <title>KGHM POLSKA MIEDZ SA /PLN/</title>
        <cusip>X45213109</cusip>
        <identifiers>
          <isin value="PLKGHM000017"/>
          <ticker value="KGHPF"/>
          <other otherDesc="SEDOL" value="5263251"/>
        </identifiers>
        <balance>224.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>7749.92</valUSD>
        <pctVal>0.1074628861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Polska Kasa Opieki SA</name>
        <lei>5493000LKS7B3UTF7H35</lei>
        <title>BANK PEKAO SA /PLN/</title>
        <cusip>X0R77T117</cusip>
        <identifiers>
          <isin value="PLPEKAO00016"/>
          <ticker value="BKPKF"/>
          <other otherDesc="SEDOL" value="5473113"/>
        </identifiers>
        <balance>473.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>14322.13</valUSD>
        <pctVal>0.1985952661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Thai Beverage Public Company Limited</name>
        <lei>529900VZFHQZ684D8L07</lei>
        <title>THAI BEVERAGE PCL /SGD/</title>
        <cusip>Y8588A103</cusip>
        <identifiers>
          <isin value="TH0902010014"/>
          <ticker value="TBVPF"/>
          <other otherDesc="SEDOL" value="B15F664"/>
        </identifiers>
        <balance>21400.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.347600"/>
        <valUSD>10480.85</valUSD>
        <pctVal>0.1453308408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Total Access Communication Public Co., Ltd.</name>
        <lei>N/A</lei>
        <title>TOTAL ACCESS COMM-FOREIG /THB/</title>
        <cusip>Y8904F141</cusip>
        <identifiers>
          <isin value="TH0554010Z14"/>
          <ticker value="TACJF"/>
          <other otherDesc="SEDOL" value="B231MK7"/>
        </identifiers>
        <balance>4800.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>6573.87</valUSD>
        <pctVal>0.0911553981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turk Telekomunikasyon A.S.</name>
        <lei>789000A2TXOI10JZLF90</lei>
        <title>TURK TELEKOMUNIKASYON AS /TRY/</title>
        <cusip>Y90033104</cusip>
        <identifiers>
          <isin value="TRETTLK00013"/>
          <ticker value="TRKNF"/>
          <other otherDesc="SEDOL" value="B2RCGV5"/>
        </identifiers>
        <balance>2786.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229000"/>
        <valUSD>2028.06</valUSD>
        <pctVal>0.0281217330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pegatron Corporation</name>
        <lei>529900M87JQS8TUO0L66</lei>
        <title>PEGATRON CORP /TWD/</title>
        <cusip>Y6784J100</cusip>
        <identifiers>
          <isin value="TW0004938006"/>
          <ticker value="PGTRF"/>
          <other otherDesc="SEDOL" value="B4PLX17"/>
        </identifiers>
        <balance>90000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>224780.42</valUSD>
        <pctVal>3.1168776806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CEZ AS</name>
        <lei>529900S5R9YHJHYKKG94</lei>
        <title>CEZ AS /CZK/</title>
        <cusip>X2337V121</cusip>
        <identifiers>
          <isin value="CZ0005112300"/>
          <ticker value="CZAVF"/>
          <other otherDesc="SEDOL" value="5624030"/>
        </identifiers>
        <balance>312.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="21.849350"/>
        <valUSD>11809.23</valUSD>
        <pctVal>0.1637505856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Polski Koncern Naftowy ORLEN Spolka Akcyjna</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>POLSKI KONCERN NAFTOWY O /PLN/</title>
        <cusip>X6922W204</cusip>
        <identifiers>
          <isin value="PLPKN0000018"/>
          <ticker value="PSKOF"/>
          <other otherDesc="SEDOL" value="5810066"/>
        </identifiers>
        <balance>800.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>14760.43</valUSD>
        <pctVal>0.2046728751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aneka Tambang Tbk</name>
        <lei>529900LRE2NALSSHMB80</lei>
        <title>ANEKA TAMBANG TBK /IDR/</title>
        <cusip>Y7116R158</cusip>
        <identifiers>
          <isin value="ID1000106602"/>
          <ticker value="ANTM"/>
          <other otherDesc="SEDOL" value="6053859"/>
        </identifiers>
        <balance>34747.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>5485.41</valUSD>
        <pctVal>0.0760624613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ayala Land Inc</name>
        <lei>254900EWT10TQ6DKTV34</lei>
        <title>AYALA LAND INC /PHP/</title>
        <cusip>Y0488F100</cusip>
        <identifiers>
          <isin value="PHY0488F1004"/>
          <ticker value="AYAAF"/>
          <other otherDesc="SEDOL" value="6055112"/>
        </identifiers>
        <balance>59410.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.992500"/>
        <valUSD>42758.19</valUSD>
        <pctVal>0.5928988302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asia Cement Corporation</name>
        <lei>213800EFQXH43HMGJL59</lei>
        <title>ASIA CEMENT CORP /TWD/</title>
        <cusip>Y0275F107</cusip>
        <identifiers>
          <isin value="TW0001102002"/>
          <ticker value="1102"/>
          <other otherDesc="SEDOL" value="6056331"/>
        </identifiers>
        <balance>58286.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>93326.70</valUSD>
        <pctVal>1.2940980724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIMB Group Holdings Berhad</name>
        <lei>549300FYDN5UD7USZW18</lei>
        <title>CIMB GROUP HOLDINGS BERHAD /MYR/</title>
        <cusip>Y16902101</cusip>
        <identifiers>
          <isin value="MYL1023OO000"/>
          <ticker value="CIMDF"/>
          <other otherDesc="SEDOL" value="6075745"/>
        </identifiers>
        <balance>16900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>22108.74</valUSD>
        <pctVal>0.3065669076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charoen Pokphand Foods Public Company Limited</name>
        <lei>529900FJ3AI2GKGIWK15</lei>
        <title>CHAROEN POKPHAND FOOD-FO /THB/</title>
        <cusip>Y1296K166</cusip>
        <identifiers>
          <isin value="TH0101A10Z19"/>
          <ticker value="CHPFF"/>
          <other otherDesc="SEDOL" value="B5L2DG6"/>
        </identifiers>
        <balance>13600.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10381.68</valUSD>
        <pctVal>0.1439557177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT Global Chemical Public Company Limited</name>
        <lei>5493007X3230PPPZFF40</lei>
        <title>PTT GLOBAL CHEMICAL PCL- /THB/</title>
        <cusip>Y594BL106</cusip>
        <identifiers>
          <isin value="TH1074010014"/>
          <ticker value="PTGCF"/>
          <other otherDesc="SEDOL" value="B736PF3"/>
        </identifiers>
        <balance>8900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>15652.60</valUSD>
        <pctVal>0.2170439916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Cooperative Financial Holding Co., Ltd.</name>
        <lei>N/A</lei>
        <title>TAIWAN COOPERATIVE FINAN /TWD/</title>
        <cusip>Y8374C107</cusip>
        <identifiers>
          <isin value="TW0005880009"/>
          <ticker value="5880"/>
          <other otherDesc="SEDOL" value="B73XCZ3"/>
        </identifiers>
        <balance>34592.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>31820.09</valUSD>
        <pctVal>0.4412276137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Shanghai Commercial &amp; Savings Bank Co., Ltd.</name>
        <lei>549300TLB5ALPCGBHN23</lei>
        <title>THE SHANGHAI COMMERCIAL  /TWD/</title>
        <cusip>Y7681K109</cusip>
        <identifiers>
          <isin value="TW0005876007"/>
          <ticker value="5876"/>
          <other otherDesc="SEDOL" value="B7LV1N0"/>
        </identifiers>
        <balance>17000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>29032.78</valUSD>
        <pctVal>0.4025778757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anhui Conch Cement Co., Ltd.</name>
        <lei>300300JVKW56SSAEQZ33</lei>
        <title>ANHUI CONCH CEMENT CO LT /HKD/</title>
        <cusip>Y01373102</cusip>
        <identifiers>
          <isin value="CNE1000001W2"/>
          <ticker value="AHCHF"/>
          <other otherDesc="SEDOL" value="6080396"/>
        </identifiers>
        <balance>8500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>42458.85</valUSD>
        <pctVal>0.5887480854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Enterprises Holdings Ltd</name>
        <lei>529900896ODARUEY2V26</lei>
        <title>BEIJING ENTERPRISES HLDGS /HKD</title>
        <cusip>Y07702106</cusip>
        <identifiers>
          <isin value="HK0392044647"/>
          <ticker value="BJINF"/>
          <other otherDesc="SEDOL" value="6081690"/>
        </identifiers>
        <balance>10175.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>35101.73</valUSD>
        <pctVal>0.4867318906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT Public Company Limited</name>
        <lei>549300QOGMPTKB6W7G56</lei>
        <title>PTT PCL/FOREIGN /THB/</title>
        <cusip>Y6883U139</cusip>
        <identifiers>
          <isin value="TH0646010Z18"/>
          <ticker value="PETFF"/>
          <other otherDesc="SEDOL" value="BD0BDJ3"/>
        </identifiers>
        <balance>17900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>20362.22</valUSD>
        <pctVal>0.2823490989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Airports of Thailand Public Company Limited</name>
        <lei>5299006VS4CU6LW0TY22</lei>
        <title>AIRPORTS OF THAILAND PCL /THB/</title>
        <cusip>Y0028Q137</cusip>
        <identifiers>
          <isin value="TH0765010Z16"/>
          <ticker value="APTPF"/>
          <other otherDesc="SEDOL" value="BDFLHY1"/>
        </identifiers>
        <balance>6000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10956.44</valUSD>
        <pctVal>0.1519255249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BTS Group Holdings Public Company Limited</name>
        <lei>N/A</lei>
        <title>BTS GROUP HOLDINGS PCL-F /THB/</title>
        <cusip>Y0984D252</cusip>
        <identifiers>
          <isin value="TH0221B10Z13"/>
          <ticker value="BTGRF"/>
          <other otherDesc="SEDOL" value="BDGHT08"/>
        </identifiers>
        <balance>52500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>14694.66</valUSD>
        <pctVal>0.2037608871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Muangthai Capital Public Company Limited</name>
        <lei>N/A</lei>
        <title>MUANGTHAI CAPITAL PCL-FO /THB/</title>
        <cusip>Y613G3109</cusip>
        <identifiers>
          <isin value="TH6068010Y10"/>
          <ticker value="MTC/F"/>
          <other otherDesc="SEDOL" value="BFXP664"/>
        </identifiers>
        <balance>11600.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>20401.14</valUSD>
        <pctVal>0.2828887762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Business Bank</name>
        <lei>254900930YMK9AXL9O17</lei>
        <title>TAIWAN BUSINESS BANK /TWD/</title>
        <cusip>Y8414R106</cusip>
        <identifiers>
          <isin value="TW0002834009"/>
          <ticker value="2834"/>
          <other otherDesc="SEDOL" value="6098816"/>
        </identifiers>
        <balance>79000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>28268.33</valUSD>
        <pctVal>0.3919777659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reliance Industries Limited</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>RELIANCE INDUSTRIES LTD /INR/</title>
        <cusip>Y72596102</cusip>
        <identifiers>
          <isin value="INE002A01018"/>
          <ticker value="RELIANCE"/>
          <other otherDesc="SEDOL" value="6099626"/>
        </identifiers>
        <balance>6384.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>203378.45</valUSD>
        <pctVal>2.8201110733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Osotspa Public Company Limited</name>
        <lei>N/A</lei>
        <title>OSOTSPA PCL-FOREIGN /THB/</title>
        <cusip>Y6473S122</cusip>
        <identifiers>
          <isin value="TH8752010018"/>
          <ticker value="OSOPF"/>
          <other otherDesc="SEDOL" value="BGR9QQ9"/>
        </identifiers>
        <balance>10300.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10560.54</valUSD>
        <pctVal>0.1464358480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulf Energy Development Ltd</name>
        <lei>N/A</lei>
        <title>GULF ENERGY DEVELOPM-FOR /THB/</title>
        <cusip>Y2957T132</cusip>
        <identifiers>
          <isin value="TH8319010Z14"/>
          <ticker value="GULF/F"/>
          <other otherDesc="SEDOL" value="BLR5MQ4"/>
        </identifiers>
        <balance>8200.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>11230.35</valUSD>
        <pctVal>0.1557236492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bidvest Group</name>
        <lei>5299002ARE4TRMIRGM72</lei>
        <title>BIDVEST GROUP LTD /ZAR/</title>
        <cusip>S1201R162</cusip>
        <identifiers>
          <isin value="ZAE000117321"/>
          <ticker value="BDVSF"/>
          <other otherDesc="SEDOL" value="6100089"/>
        </identifiers>
        <balance>460.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>5468.90</valUSD>
        <pctVal>0.0758335283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clicks Group Ltd</name>
        <lei>378900E967958A677472</lei>
        <title>CLICKS HOLDINGS LTD /ZAR/</title>
        <cusip>S5549H125</cusip>
        <identifiers>
          <isin value="ZAE000134854"/>
          <ticker value="CLS"/>
          <other otherDesc="SEDOL" value="6105578"/>
        </identifiers>
        <balance>479.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>9484.71</valUSD>
        <pctVal>0.1315180428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bangkok Dusit Medical Services</name>
        <lei>N/A</lei>
        <title>BANGKOK DUSIT MED SERVIC /THB/</title>
        <cusip>Y06071255</cusip>
        <identifiers>
          <isin value="TH0264A10Z12"/>
          <ticker value="BDULF"/>
          <other otherDesc="SEDOL" value="BLZGSM7"/>
        </identifiers>
        <balance>14600.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10052.39</valUSD>
        <pctVal>0.1393896765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>True Corporation Public Company Limited</name>
        <lei>529900XJSWQEQFFF7B09</lei>
        <title>TRUE CORP PCL-FOREIGN /THB/</title>
        <cusip>Y3187S225</cusip>
        <identifiers>
          <isin value="TH0375010Z14"/>
          <ticker value="TCPFF"/>
          <other otherDesc="SEDOL" value="BYM8V06"/>
        </identifiers>
        <balance>52100.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>7455.11</valUSD>
        <pctVal>0.1033749557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B.Grimm Power Public Company Limited</name>
        <lei>9845006CC45C6B3BD577</lei>
        <title>B GRIMM POWER PCL-FOREIG /THB/</title>
        <cusip>Y0882K127</cusip>
        <identifiers>
          <isin value="TH7545010012"/>
          <ticker value="BGRIM/F"/>
          <other otherDesc="SEDOL" value="BYQN3W3"/>
        </identifiers>
        <balance>8300.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10062.86</valUSD>
        <pctVal>0.1395348569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Thai Union Group Public Company Limited</name>
        <lei>25490047VDGNFMEYZW95</lei>
        <title>THAI UNION GROUP PCL-F /THB/</title>
        <cusip>Y8730K116</cusip>
        <identifiers>
          <isin value="TH0450010Y16"/>
          <ticker value="THFRF"/>
          <other otherDesc="SEDOL" value="BYTBHT9"/>
        </identifiers>
        <balance>16100.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>9398.29</valUSD>
        <pctVal>0.1303197153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA Consumer Products Ltd</name>
        <lei>335800LOXFWU8ZQJMD12</lei>
        <title>TATA GLOBAL BEVERAGES LTD</title>
        <cusip>Y85484114</cusip>
        <identifiers>
          <isin value="INE192A01025"/>
          <ticker value="TATACONSUM"/>
          <other otherDesc="SEDOL" value="6121488"/>
        </identifiers>
        <balance>2112.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>21122.66</valUSD>
        <pctVal>0.2928936048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nestle India</name>
        <lei>3358008SYYY9CPWH5D94</lei>
        <title>NESTLE INDIA LTD /INR/</title>
        <cusip>Y6268T111</cusip>
        <identifiers>
          <isin value="INE239A01016"/>
          <ticker value="NESTLEIND"/>
          <other otherDesc="SEDOL" value="6128605"/>
        </identifiers>
        <balance>88.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>23327.99</valUSD>
        <pctVal>0.3234734207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hengan International Group Company Limited</name>
        <lei>N/A</lei>
        <title>HENGAN INTL GROUP CO LTD /HKD/</title>
        <cusip>G4402L151</cusip>
        <identifiers>
          <isin value="KYG4402L1510"/>
          <ticker value="HEGIF"/>
          <other otherDesc="SEDOL" value="6136233"/>
        </identifiers>
        <balance>12500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>64363.17</valUSD>
        <pctVal>0.8924804395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Titan Company Limited</name>
        <lei>549300RO9VJWPK37FE54</lei>
        <title>TITAN CO LTD /INR/</title>
        <cusip>Y88425148</cusip>
        <identifiers>
          <isin value="INE280A01028"/>
          <ticker value="TITAN"/>
          <other otherDesc="SEDOL" value="6139340"/>
        </identifiers>
        <balance>1186.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>40244.03</valUSD>
        <pctVal>0.5580366781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colgate-Palm (Ind)</name>
        <lei>335800YWKI47DGFKWB26</lei>
        <title>COLGATE PALMOLIVE (INDIA /INR/</title>
        <cusip>Y1673X104</cusip>
        <identifiers>
          <isin value="INE259A01022"/>
          <ticker value="COLPAL"/>
          <other otherDesc="SEDOL" value="6139696"/>
        </identifiers>
        <balance>1029.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>20505.07</valUSD>
        <pctVal>0.2843299030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acc Limited</name>
        <lei>335800569A6H12LH4677</lei>
        <title>ACC LTD /INR/</title>
        <cusip>Y0002C112</cusip>
        <identifiers>
          <isin value="INE012A01025"/>
          <ticker value="ACC"/>
          <other otherDesc="SEDOL" value="6155915"/>
        </identifiers>
        <balance>2778.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>82804.87</valUSD>
        <pctVal>1.1481989897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bangkok Expressway and Metro Public Company Limited</name>
        <lei>529900A653WRN6DJXS19</lei>
        <title>BANGKOK EXPRESSWAY AND M /THB/</title>
        <cusip>Y0607C111</cusip>
        <identifiers>
          <isin value="TH6999010015"/>
          <ticker value="BKKXF"/>
          <other otherDesc="SEDOL" value="BYV76H6"/>
        </identifiers>
        <balance>41900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405000"/>
        <valUSD>10598.86</valUSD>
        <pctVal>0.1469672055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Discovery Limited</name>
        <lei>378900245A26169C8132</lei>
        <title>DISCOVERY LTD /ZAR/</title>
        <cusip>S2192Y109</cusip>
        <identifiers>
          <isin value="ZAE000022331"/>
          <ticker value="DCYHF"/>
          <other otherDesc="SEDOL" value="6177878"/>
        </identifiers>
        <balance>1670.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>15046.24</valUSD>
        <pctVal>0.2086360086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infosys Ltd</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>INFOSYS LTD /INR/ /NSDL/</title>
        <cusip>Y4082C133</cusip>
        <identifiers>
          <isin value="INE009A01021"/>
          <ticker value="INFY"/>
          <other otherDesc="SEDOL" value="6205122"/>
        </identifiers>
        <balance>8819.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>223958.05</valUSD>
        <pctVal>3.1054744334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UTD Tractors</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>UNITED TRACTORS TBK PT /IDR/</title>
        <cusip>Y7146Y140</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
          <ticker value="PUTKF"/>
          <other otherDesc="SEDOL" value="6230845"/>
        </identifiers>
        <balance>7427.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>11542.40</valUSD>
        <pctVal>0.1600506349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hindustan Unilever</name>
        <lei>5493007IW5N37IKRPM32</lei>
        <title>HINDUSTAN UNILEVER LTD /INR/</title>
        <cusip>Y3218E138</cusip>
        <identifiers>
          <isin value="INE030A01027"/>
          <ticker value="HINDUNILVR"/>
          <other otherDesc="SEDOL" value="6261674"/>
        </identifiers>
        <balance>636.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>20192.94</valUSD>
        <pctVal>0.2800018079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Globe Telecom, Inc.</name>
        <lei>254900GPWI1816YIM923</lei>
        <title>GLOBE TELECOM INC /PHP/</title>
        <cusip>Y27257149</cusip>
        <identifiers>
          <isin value="PHY272571498"/>
          <ticker value="GTMEF"/>
          <other otherDesc="SEDOL" value="6284864"/>
        </identifiers>
        <balance>105.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.992500"/>
        <valUSD>6840.42</valUSD>
        <pctVal>0.0948514663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chunghwa Telecom Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHUNGHWA TELECOM CO LTD /TWD/</title>
        <cusip>Y1613J108</cusip>
        <identifiers>
          <isin value="TW0002412004"/>
          <ticker value="2412"/>
          <other otherDesc="SEDOL" value="6287841"/>
        </identifiers>
        <balance>5496.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>23142.52</valUSD>
        <pctVal>0.3209016340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Mobile Co</name>
        <lei>N/A</lei>
        <title>TAIWAN MOBILE CO LTD /TWD/</title>
        <cusip>Y84153108</cusip>
        <identifiers>
          <isin value="TW0003045001"/>
          <ticker value="3045"/>
          <other otherDesc="SEDOL" value="6290496"/>
        </identifiers>
        <balance>6140.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>22192.50</valUSD>
        <pctVal>0.3077283507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Remgro Ltd</name>
        <lei>N/A</lei>
        <title>REMGRO LTD /ZAR/</title>
        <cusip>S6873K106</cusip>
        <identifiers>
          <isin value="ZAE000026480"/>
          <ticker value="RMGOF"/>
          <other otherDesc="SEDOL" value="6290689"/>
        </identifiers>
        <balance>1682.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>13843.38</valUSD>
        <pctVal>0.1919567645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dabur India Ltd</name>
        <lei>335800MJPUA2E1FSFL38</lei>
        <title>DABUR INDIA LTD /INR/</title>
        <cusip>Y1855D140</cusip>
        <identifiers>
          <isin value="INE016A01026"/>
          <ticker value="DABUR"/>
          <other otherDesc="SEDOL" value="6297356"/>
        </identifiers>
        <balance>2785.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>21731.69</valUSD>
        <pctVal>0.3013386109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hero Motocorp Limited</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>HERO MOTOCORP LTD /INR/</title>
        <cusip>Y3179Z146</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
          <ticker value="HEROMOTOCO"/>
          <other otherDesc="SEDOL" value="6327327"/>
        </identifiers>
        <balance>905.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>29974.86</valUSD>
        <pctVal>0.4156410603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Formosa Chemicals &amp; Fibre Corp</name>
        <lei>254900OJX8UZOAIVSU82</lei>
        <title>FORMOSA CHEMICALS &amp; FIBR /TWD/</title>
        <cusip>Y25946107</cusip>
        <identifiers>
          <isin value="TW0001326007"/>
          <ticker value="1326"/>
          <other otherDesc="SEDOL" value="6348715"/>
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        <balance>42216.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>123289.58</valUSD>
        <pctVal>1.7095730142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foschini Group (The)</name>
        <lei>N/A</lei>
        <title>THE FOSCHINI GROUP LTD /ZAR/</title>
        <cusip>S29260155</cusip>
        <identifiers>
          <isin value="ZAE000148466"/>
          <ticker value="TFG"/>
          <other otherDesc="SEDOL" value="6349688"/>
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        <balance>500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>3887.67</valUSD>
        <pctVal>0.0539076840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dr. Reddys Laboratories Limited</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>DR. REDDY'S LABORATORIES /INR/</title>
        <cusip>Y21089159</cusip>
        <identifiers>
          <isin value="INE089A01023"/>
          <ticker value="DRREDDY"/>
          <other otherDesc="SEDOL" value="6410959"/>
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        <balance>500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>33005.70</valUSD>
        <pctVal>0.4576676637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUA Nan Financial Holdings Co</name>
        <lei>N/A</lei>
        <title>HUA NAN FINANCIAL HOLDIN /TWD/</title>
        <cusip>Y3813L107</cusip>
        <identifiers>
          <isin value="TW0002880002"/>
          <ticker value="2880"/>
          <other otherDesc="SEDOL" value="6411877"/>
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        <balance>37475.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>28715.44</valUSD>
        <pctVal>0.3981775371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Exxaro Resources</name>
        <lei>378900BC3D9BFF4E4A37</lei>
        <title>EXXARO RESOURCES LTD /ZAR/</title>
        <cusip>S26949107</cusip>
        <identifiers>
          <isin value="ZAE000084992"/>
          <ticker value="EXXAF"/>
          <other otherDesc="SEDOL" value="6418801"/>
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        <balance>320.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>3069.87</valUSD>
        <pctVal>0.0425678059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Far Eastone Telecommunications Co., Ltd.</name>
        <lei>529900L7W7BWDLVZL253</lei>
        <title>FAR EASTONE TELECOMM CO  /TWD/</title>
        <cusip>Y7540C108</cusip>
        <identifiers>
          <isin value="TW0004904008"/>
          <ticker value="4904"/>
          <other otherDesc="SEDOL" value="6421854"/>
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        <balance>9874.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>23054.92</valUSD>
        <pctVal>0.3196869442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yuanta Financial Holding Co., Ltd.</name>
        <lei>21380045JG57LJEFFE13</lei>
        <title>YUANTA FINANCIAL HOLDING CO LTD /TWD/</title>
        <cusip>Y2652W109</cusip>
        <identifiers>
          <isin value="TW0002885001"/>
          <ticker value="2885"/>
          <other otherDesc="SEDOL" value="6424110"/>
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        <balance>30951.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>28303.04</valUSD>
        <pctVal>0.3924590659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>E. Sun Financial Holding Company, Ltd.</name>
        <lei>549300X6CNQE512OPC90</lei>
        <title>E.SUN FINANCIAL HOLDING  /TWD/</title>
        <cusip>Y23469102</cusip>
        <identifiers>
          <isin value="TW0002884004"/>
          <ticker value="2884"/>
          <other otherDesc="SEDOL" value="6433912"/>
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        <balance>29068.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>29470.39</valUSD>
        <pctVal>0.4086459169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capitec Bank Hldgs</name>
        <lei>N/A</lei>
        <title>CAPITEC BANK HOLDINGS LT /ZAR/</title>
        <cusip>S15445109</cusip>
        <identifiers>
          <isin value="ZAE000035861"/>
          <ticker value="CKHGF"/>
          <other otherDesc="SEDOL" value="6440859"/>
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        <balance>126.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>16128.95</valUSD>
        <pctVal>0.2236492140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mega Financial Holding Co., Ltd.</name>
        <lei>N/A</lei>
        <title>MEGA FINANCIAL HOLDING C /TWD/</title>
        <cusip>Y1822Y102</cusip>
        <identifiers>
          <isin value="TW0002886009"/>
          <ticker value="2886"/>
          <other otherDesc="SEDOL" value="6444066"/>
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        <balance>23840.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>30632.59</valUSD>
        <pctVal>0.4247613563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Taishin Financial Holding Co</name>
        <lei>N/A</lei>
        <title>TAISHIN FINANCIAL HOLDIN /TWD/</title>
        <cusip>Y84086100</cusip>
        <identifiers>
          <isin value="TW0002887007"/>
          <ticker value="2887"/>
          <other otherDesc="SEDOL" value="6451680"/>
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        <balance>42237.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>28929.45</valUSD>
        <pctVal>0.4011450687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shin Kong Financial Holding Co</name>
        <lei>529900YF6H5G3WJC6V36</lei>
        <title>SHIN KONG FINANCIAL HOLD /TWD/</title>
        <cusip>Y7753X104</cusip>
        <identifiers>
          <isin value="TW0002888005"/>
          <ticker value="2888"/>
          <other otherDesc="SEDOL" value="6452586"/>
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        <balance>81279.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667000"/>
        <valUSD>32462.25</valUSD>
        <pctVal>0.4501320110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOC Hong Kong (Holdings) Limited</name>
        <lei>N/A</lei>
        <title>BOC HONG KONG HOLDINGS L /HKD/</title>
        <cusip>Y0920U103</cusip>
        <identifiers>
          <isin value="HK2388011192"/>
          <ticker value="BNKHF"/>
          <other otherDesc="SEDOL" value="6536112"/>
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        <balance>12450.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>40794.54</valUSD>
        <pctVal>0.5656702270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Malayan Banking Berhad</name>
        <lei>5493004OT3TOY404V310</lei>
        <title>MALAYAN BANKING BHD /MYR/</title>
        <cusip>Y54671105</cusip>
        <identifiers>
          <isin value="MYL1155OO000"/>
          <ticker value="MLYNF"/>
          <other otherDesc="SEDOL" value="6556325"/>
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        <balance>10100.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>20122.42</valUSD>
        <pctVal>0.2790239549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Divis Laboratorie</name>
        <lei>335800C1DHFG1C9T1M03</lei>
        <title>DIVI'S LABORATORIES LTD /INR/</title>
        <cusip>Y2076F104</cusip>
        <identifiers>
          <isin value="INE361B01024"/>
          <ticker value="DIVISLAB"/>
          <other otherDesc="SEDOL" value="6602518"/>
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        <balance>509.0000</balance>
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        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>32033.13</valUSD>
        <pctVal>0.4441816949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Firstrand Ltd</name>
        <lei>529900XYOP8CUZU7R671</lei>
        <title>FIRSTRAND LTD /ZAR/</title>
        <cusip>S5202Z131</cusip>
        <identifiers>
          <isin value="ZAE000066304"/>
          <ticker value="FANDF"/>
          <other otherDesc="SEDOL" value="6606996"/>
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        <balance>3543.0000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>13518.32</valUSD>
        <pctVal>0.1874493779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Naspers Limited</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>NASPERS LTD-N SHS /ZAR/</title>
        <cusip>S53435103</cusip>
        <identifiers>
          <isin value="ZAE000015889"/>
          <ticker value="NAPRF"/>
          <other otherDesc="SEDOL" value="6622691"/>
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        <balance>723.0000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>112159.15</valUSD>
        <pctVal>1.5552348879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Maruti Suzuki Ind</name>
        <lei>335800D27PBEESKKD357</lei>
        <title>MARUTI SUZUKI INDIA LTD /INR/</title>
        <cusip>Y7565Y100</cusip>
        <identifiers>
          <isin value="INE585B01010"/>
          <ticker value="MARUTI"/>
          <other otherDesc="SEDOL" value="6633712"/>
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        <balance>349.0000</balance>
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        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>34866.60</valUSD>
        <pctVal>0.4834715023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank Mandiri (Persero) Tbk, PT</name>
        <lei>549300RSKQN4Z5ZSGH94</lei>
        <title>BANK MANDIRI PERSERO TBK /IDR/</title>
        <cusip>Y7123S108</cusip>
        <identifiers>
          <isin value="ID1000095003"/>
          <ticker value="PPERF"/>
          <other otherDesc="SEDOL" value="6651048"/>
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        <balance>44560.0000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>21963.45</valUSD>
        <pctVal>0.3045522697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PICC Property and Casualty Co., Ltd.</name>
        <lei>300300F1000311000017</lei>
        <title>PICC PROPERTY &amp; CASUALTY /HKD/</title>
        <cusip>Y6975Z103</cusip>
        <identifiers>
          <isin value="CNE100000593"/>
          <ticker value="PPCCF"/>
          <other otherDesc="SEDOL" value="6706250"/>
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        <balance>38000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>31043.08</valUSD>
        <pctVal>0.4304533428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Rakyat Indonesia (Persero) Tbk</name>
        <lei>254900HB6S4B12GBNP64</lei>
        <title>BANK RAKYAT INDONESIA PE /IDR/</title>
        <cusip>Y0697U112</cusip>
        <identifiers>
          <isin value="ID1000118201"/>
          <ticker value="BKRKF"/>
          <other otherDesc="SEDOL" value="6709099"/>
        </identifiers>
        <balance>71181.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>20526.50</valUSD>
        <pctVal>0.2846270583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Life Insurance Company Limited</name>
        <lei>549300J6TFLDXGH6S048</lei>
        <title>CHINA LIFE INSURANCE CO- /HKD/</title>
        <cusip>Y1477R204</cusip>
        <identifiers>
          <isin value="CNE1000002L3"/>
          <ticker value="CILJF"/>
          <other otherDesc="SEDOL" value="6718976"/>
        </identifiers>
        <balance>23000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>38109.41</valUSD>
        <pctVal>0.5284373499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Negara Indonesia (Persero) Tbk, Pt</name>
        <lei>549300HZ8J3MLVXQ8F85</lei>
        <title>BANK NEGARA INDO /IDR</title>
        <cusip>Y74568166</cusip>
        <identifiers>
          <isin value="ID1000096605"/>
          <ticker value="PBNNF"/>
          <other otherDesc="SEDOL" value="6727121"/>
        </identifiers>
        <balance>50985.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>24146.55</valUSD>
        <pctVal>0.3348238372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shoprite Hldgs Ltd</name>
        <lei>529900Q4O1EYP6NH5150</lei>
        <title>SHOPRITE HOLDINGS LTD /ZAR/</title>
        <cusip>S76263102</cusip>
        <identifiers>
          <isin value="ZAE000012084"/>
          <ticker value="SRHGF"/>
          <other otherDesc="SEDOL" value="6801575"/>
        </identifiers>
        <balance>744.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>9752.54</valUSD>
        <pctVal>0.1352318599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tingyi (Cayman Islands) Holding Corp.</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>TINGYI (CAYMAN ISLN) HLD /HKD/</title>
        <cusip>G8878S103</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
          <ticker value="TCYMF"/>
          <other otherDesc="SEDOL" value="6903556"/>
        </identifiers>
        <balance>36000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>73961.69</valUSD>
        <pctVal>1.0255766084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenaga Nasional Berhad</name>
        <lei>549300FV8X6UID6I1413</lei>
        <title>TENAGA NASIONAL BHD /MYR/</title>
        <cusip>Y85859109</cusip>
        <identifiers>
          <isin value="MYL5347OO009"/>
          <ticker value="TNABF"/>
          <other otherDesc="SEDOL" value="6904612"/>
        </identifiers>
        <balance>3500.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>7846.86</valUSD>
        <pctVal>0.1088070874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangdong Investment Ltd</name>
        <lei>N/A</lei>
        <title>GUANGDONG INVESTMENT LTD /HKD/</title>
        <cusip>Y2929L100</cusip>
        <identifiers>
          <isin value="HK0270001396"/>
          <ticker value="GGDVF"/>
          <other otherDesc="SEDOL" value="6913168"/>
        </identifiers>
        <balance>31300.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>39779.55</valUSD>
        <pctVal>0.5515960489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LPP Sa</name>
        <lei>259400NUS7MKGPJL4752</lei>
        <title>LPP SA /PLN/</title>
        <cusip>X5053G103</cusip>
        <identifiers>
          <isin value="PLLPP0000011"/>
          <ticker value="LPGDF"/>
          <other otherDesc="SEDOL" value="7127979"/>
        </identifiers>
        <balance>3.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>12806.67</valUSD>
        <pctVal>0.1775814098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CD Projekt Sa</name>
        <lei>259400TYO5Q8SH8TL437</lei>
        <title>CD PROJEKT SA /PLN/</title>
        <cusip>X6002X106</cusip>
        <identifiers>
          <isin value="PLOPTTC00011"/>
          <ticker value="OTGLF"/>
          <other otherDesc="SEDOL" value="7302215"/>
        </identifiers>
        <balance>229.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>10963.63</valUSD>
        <pctVal>0.1520252237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OTP Bank Plc</name>
        <lei>529900W3MOO00A18X956</lei>
        <title>OTP BANK PLC /HUF/</title>
        <cusip>X60746181</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
          <ticker value="OTPBF"/>
          <other otherDesc="SEDOL" value="7320154"/>
        </identifiers>
        <balance>427.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="324.462050"/>
        <valUSD>21846.01</valUSD>
        <pctVal>0.3029238088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Bradesco S.A.</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>BANCO BRADESCO SA-PREF /BRL/</title>
        <cusip>P1808G117</cusip>
        <identifiers>
          <isin value="BRBBDCACNPR8"/>
          <ticker value="BBDC4"/>
          <other otherDesc="SEDOL" value="B00FM53"/>
        </identifiers>
        <balance>13298.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>45862.58</valUSD>
        <pctVal>0.6359453015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petronet Lng</name>
        <lei>335800KIIKNA7GRD9351</lei>
        <title>PETRONET LNG LTD /INR/</title>
        <cusip>Y68259103</cusip>
        <identifiers>
          <isin value="INE347G01014"/>
          <ticker value="PETRONET"/>
          <other otherDesc="SEDOL" value="B00KT68"/>
        </identifiers>
        <balance>15041.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>43786.16</valUSD>
        <pctVal>0.6071529932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cencosud S.A.</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>CENCOSUD SA /CLP/</title>
        <cusip>P2205J100</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
          <ticker value="CENCOSUD"/>
          <other otherDesc="SEDOL" value="B00R3L2"/>
        </identifiers>
        <balance>3738.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="852.000000"/>
        <valUSD>6251.94</valUSD>
        <pctVal>0.0866914131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cipla Ltd</name>
        <lei>335800KMJJYEDDK82Q34</lei>
        <title>CIPLA LTD /INR/</title>
        <cusip>Y1633P142</cusip>
        <identifiers>
          <isin value="INE059A01026"/>
          <ticker value="CIPLA"/>
          <other otherDesc="SEDOL" value="B011108"/>
        </identifiers>
        <balance>2483.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>31535.34</valUSD>
        <pctVal>0.4372791785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Bank Berhad</name>
        <lei>549300L2RSQCVMOHGM20</lei>
        <title>PUBLIC BANK BERHAD /MYR/</title>
        <cusip>Y71497104</cusip>
        <identifiers>
          <isin value="MYL1295OO004"/>
          <ticker value="PBLOF"/>
          <other otherDesc="SEDOL" value="B012W42"/>
        </identifiers>
        <balance>19900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>19871.34</valUSD>
        <pctVal>0.2755423988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Bank Central Asia TBK</name>
        <lei>254900BR956G2OHVOM21</lei>
        <title>PT BANK CENTRAL ASIA TBK /IDR/</title>
        <cusip>Y7123P138</cusip>
        <identifiers>
          <isin value="ID1000109507"/>
          <ticker value="PBCRF"/>
          <other otherDesc="SEDOL" value="B01C1P6"/>
        </identifiers>
        <balance>39149.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>20051.76</valUSD>
        <pctVal>0.2780441606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ping An Insurance (Group) Company of China Ltd.</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>PING AN INSURANCE GROUP  /HKD/</title>
        <cusip>Y69790106</cusip>
        <identifiers>
          <isin value="CNE1000003X6"/>
          <ticker value="PIAIF"/>
          <other otherDesc="SEDOL" value="B01FLR7"/>
        </identifiers>
        <balance>5200.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>37445.09</valUSD>
        <pctVal>0.5192256749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Consultancy S</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>TATA CONSULTANCY SVCS LT /INR/</title>
        <cusip>Y85279100</cusip>
        <identifiers>
          <isin value="INE467B01029"/>
          <ticker value="TCS"/>
          <other otherDesc="SEDOL" value="B01NPJ1"/>
        </identifiers>
        <balance>3913.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>196785.30</valUSD>
        <pctVal>2.7286883325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Standard Bank Group Limited</name>
        <lei>2549003PEZXUT7MDBU41</lei>
        <title>STANDARD BANK GROUP LTD /ZAR/</title>
        <cusip>S80605140</cusip>
        <identifiers>
          <isin value="ZAE000109815"/>
          <ticker value="SBGOF"/>
          <other otherDesc="SEDOL" value="B030GJ7"/>
        </identifiers>
        <balance>1596.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>14022.97</valUSD>
        <pctVal>0.1944470173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CPFL Energia SA</name>
        <lei>529900GBWSBDXN8GGM28</lei>
        <title>CPFL ENERGIA SA /BRL/</title>
        <cusip>P3435F108</cusip>
        <identifiers>
          <isin value="BRCPFEACNOR0"/>
          <ticker value="CPFE3"/>
          <other otherDesc="SEDOL" value="B031NN3"/>
        </identifiers>
        <balance>1161.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5592.39</valUSD>
        <pctVal>0.0775458804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itau Unibanco Holdings S.A.</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>ITAU UNIBANCO HOLDING S- /BRL/</title>
        <cusip>P5968U113</cusip>
        <identifiers>
          <isin value="BRITUBACNPR1"/>
          <ticker value="ITUB4"/>
          <other otherDesc="SEDOL" value="B037HR3"/>
        </identifiers>
        <balance>9575.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>36013.69</valUSD>
        <pctVal>0.4993774216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spar Group Limited</name>
        <lei>N/A</lei>
        <title>SPAR GROUP LIMITED/THE /ZAR/</title>
        <cusip>S8050H104</cusip>
        <identifiers>
          <isin value="ZAE000058517"/>
          <ticker value="SGPPF"/>
          <other otherDesc="SEDOL" value="B038WK4"/>
        </identifiers>
        <balance>677.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>7100.11</valUSD>
        <pctVal>0.0984524114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Powszechna Kasa Oszczednosci Bank Polski SA</name>
        <lei>P4GTT6GF1W40CVIMFR43</lei>
        <title>PKO BANK POLSKI SA /PLN/</title>
        <cusip>X6919X108</cusip>
        <identifiers>
          <isin value="PLPKO0000016"/>
          <ticker value="PSZKF"/>
          <other otherDesc="SEDOL" value="B03NGS5"/>
        </identifiers>
        <balance>1154.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>12868.53</valUSD>
        <pctVal>0.1784391805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Porto Seguro Sa</name>
        <lei>N/A</lei>
        <title>PORTO SEGURO SA /BRL/</title>
        <cusip>P7905C107</cusip>
        <identifiers>
          <isin value="BRPSSAACNOR7"/>
          <ticker value="PSSA3"/>
          <other otherDesc="SEDOL" value="B0498T7"/>
        </identifiers>
        <balance>11200.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>42065.35</valUSD>
        <pctVal>0.5832916877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Raya Indonesia Tbk</name>
        <lei>N/A</lei>
        <title>BANK RAYA INDONESIA TBK /IDR/</title>
        <cusip>Y7125E107</cusip>
        <identifiers>
          <isin value="ID1000095508"/>
          <ticker value="AGRO"/>
          <other otherDesc="SEDOL" value="B055M58"/>
        </identifiers>
        <balance>128245.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>16286.51</valUSD>
        <pctVal>0.2258339917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOP Glove Corp Bhd</name>
        <lei>549300QTLNWRUY8PTR45</lei>
        <title>TOP GLOVE CORP BHD /MYR/</title>
        <cusip>Y88965101</cusip>
        <identifiers>
          <isin value="MYL7113OO003"/>
          <ticker value="TPGVF"/>
          <other otherDesc="SEDOL" value="B05L892"/>
        </identifiers>
        <balance>9100.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>5657.47</valUSD>
        <pctVal>0.0784483007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Woolworths Holdings Limited</name>
        <lei>37890095421E07184E97</lei>
        <title>WOOLWORTHS HOLDINGS LTD /ZAR/</title>
        <cusip>S98758121</cusip>
        <identifiers>
          <isin value="ZAE000063863"/>
          <ticker value="WLWHF"/>
          <other otherDesc="SEDOL" value="B06KZ97"/>
        </identifiers>
        <balance>1156.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>3762.17</valUSD>
        <pctVal>0.0521674606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>X5 Retail Group Nv</name>
        <lei>213800J17UJJJDGUVF56</lei>
        <title>X 5 RETAIL GROUP NV-REGS GDR</title>
        <cusip>98387E205</cusip>
        <identifiers>
          <isin value="US98387E2054"/>
          <ticker value="FIVE"/>
          <other otherDesc="SEDOL" value="B07T3T9"/>
        </identifiers>
        <balance>247.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6538.09</valUSD>
        <pctVal>0.0906592611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aspen Pharmacare Holdings Ltd.</name>
        <lei>635400ZYSN1IRD5QWQ94</lei>
        <title>ASPEN PHARMACARE HOLDING /ZAR/</title>
        <cusip>S0754A105</cusip>
        <identifiers>
          <isin value="ZAE000066692"/>
          <ticker value="APNHF"/>
          <other otherDesc="SEDOL" value="B09C0Z1"/>
        </identifiers>
        <balance>770.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>10845.23</valUSD>
        <pctVal>0.1503834512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Communications Company Limited</name>
        <lei>549300AX1UM10U30HK09</lei>
        <title>BANK OF COMMUNICATIONS C /HKD/</title>
        <cusip>Y06988102</cusip>
        <identifiers>
          <isin value="CNE100000205"/>
          <ticker value="BKFCF"/>
          <other otherDesc="SEDOL" value="B0B8Z29"/>
        </identifiers>
        <balance>62173.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>37554.72</valUSD>
        <pctVal>0.5207458397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITC Ltd</name>
        <lei>335800WLOU3OFWFTMP43</lei>
        <title>ITC LTD /INR/</title>
        <cusip>Y4211T171</cusip>
        <identifiers>
          <isin value="INE154A01025"/>
          <ticker value="ITC"/>
          <other otherDesc="SEDOL" value="B0JGGP5"/>
        </identifiers>
        <balance>7276.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>21342.81</valUSD>
        <pctVal>0.2959462756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pidilite Industries Limited</name>
        <lei>335800APXGEBZ349GN74</lei>
        <title>PIDILITE INDUSTRIES LTD /INR/</title>
        <cusip>Y6977T139</cusip>
        <identifiers>
          <isin value="INE318A01026"/>
          <ticker value="PIDILITIND"/>
          <other otherDesc="SEDOL" value="B0JJV59"/>
        </identifiers>
        <balance>3135.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>103865.08</valUSD>
        <pctVal>1.4402266427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanlam Ltd</name>
        <lei>37890014418406D9FC23</lei>
        <title>SANLAM LTD /ZAR/</title>
        <cusip>S7302C137</cusip>
        <identifiers>
          <isin value="ZAE000070660"/>
          <ticker value="SLMAF"/>
          <other otherDesc="SEDOL" value="B0L6750"/>
        </identifiers>
        <balance>3575.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>13317.35</valUSD>
        <pctVal>0.1846626631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Construction Bank Corporation</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>CHINA CONSTRUCTION BANK- /HKD/</title>
        <cusip>Y1397N101</cusip>
        <identifiers>
          <isin value="CNE1000002H1"/>
          <ticker value="CICHF"/>
          <other otherDesc="SEDOL" value="B0LMTQ3"/>
        </identifiers>
        <balance>51449.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>35629.73</valUSD>
        <pctVal>0.4940533086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Torrent Pharmaceuticals Ltd</name>
        <lei>335800NA6HK275RIJE13</lei>
        <title>TORRENT PHARMACEUTICALS  /INR/</title>
        <cusip>Y8896L148</cusip>
        <identifiers>
          <isin value="INE685A01028"/>
          <ticker value="TORNTPHARM"/>
          <other otherDesc="SEDOL" value="B0XPSB8"/>
        </identifiers>
        <balance>791.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>34885.74</valUSD>
        <pctVal>0.4837369037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Aeroportuario Del Pacifico S.A.B. de C.V.</name>
        <lei>4469000001BZ368XFI90</lei>
        <title>GRUPO AEROPORT DEL PACIF /MXN/</title>
        <cusip>P4959P100</cusip>
        <identifiers>
          <isin value="MX01GA000004"/>
          <ticker value="GPAEF"/>
          <other otherDesc="SEDOL" value="B0ZV104"/>
        </identifiers>
        <balance>1312.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>18119.58</valUSD>
        <pctVal>0.2512519306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equatorial Energia</name>
        <lei>N/A</lei>
        <title>EQUATORIAL ENERGIA SA -  /BRL/</title>
        <cusip>P3773H104</cusip>
        <identifiers>
          <isin value="BREQTLACNOR0"/>
          <ticker value="EQTL3"/>
          <other otherDesc="SEDOL" value="B128R96"/>
        </identifiers>
        <balance>1234.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5009.11</valUSD>
        <pctVal>0.0694579321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of China Limited</name>
        <lei>54930053HGCFWVHYZX42</lei>
        <title>BANK OF CHINA LTD-H /HKD/</title>
        <cusip>Y0698A107</cusip>
        <identifiers>
          <isin value="CNE1000001Z5"/>
          <ticker value="BACHF"/>
          <other otherDesc="SEDOL" value="B154564"/>
        </identifiers>
        <balance>105146.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>37891.42</valUSD>
        <pctVal>0.5254146303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrial and Commercial Bank of China Limited</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>IND &amp; COMM BK OF CHINA-H /HKD/</title>
        <cusip>Y3990B112</cusip>
        <identifiers>
          <isin value="CNE1000003G1"/>
          <ticker value="IDCBF"/>
          <other otherDesc="SEDOL" value="B1G1QD8"/>
        </identifiers>
        <balance>66549.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>37552.26</valUSD>
        <pctVal>0.5207117286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kumba Iron Ore Ltd</name>
        <lei>3789006C753402643048</lei>
        <title>KUMBA IRON ORE LTD /ZAR/</title>
        <cusip>S4341C103</cusip>
        <identifiers>
          <isin value="ZAE000085346"/>
          <ticker value="KUMBF"/>
          <other otherDesc="SEDOL" value="B1G4262"/>
        </identifiers>
        <balance>2790.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>80555.45</valUSD>
        <pctVal>1.1170078077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Terna Participacoes SA</name>
        <lei>N/A</lei>
        <title>TRANSMISSORA ALIANCA DE ENERGIA ELETRICA SA /BRL/</title>
        <cusip>P9T5CD126</cusip>
        <identifiers>
          <isin value="BRTAEECDAM10"/>
          <ticker value="TAEE11"/>
          <other otherDesc="SEDOL" value="B1G8KX7"/>
        </identifiers>
        <balance>873.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5700.36</valUSD>
        <pctVal>0.0790430272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marico Ltd</name>
        <lei>3358003SFDQFGJPC5O84</lei>
        <title>MARICO LTD /INR/</title>
        <cusip>Y5841R170</cusip>
        <identifiers>
          <isin value="INE196A01026"/>
          <ticker value="MARICO"/>
          <other otherDesc="SEDOL" value="B1S34K5"/>
        </identifiers>
        <balance>3138.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>21640.97</valUSD>
        <pctVal>0.3000806582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jbs, S.A.</name>
        <lei>529900RM0MTMZL9O5050</lei>
        <title>JBS SA /BRL/</title>
        <cusip>P59695109</cusip>
        <identifiers>
          <isin value="BRJBSSACNOR8"/>
          <ticker value="JBSS3"/>
          <other otherDesc="SEDOL" value="B1V74X7"/>
        </identifiers>
        <balance>1809.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>12325.23</valUSD>
        <pctVal>0.1709056078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genting Bhd</name>
        <lei>N/A</lei>
        <title>GENTING BHD /MYR/</title>
        <cusip>Y26926116</cusip>
        <identifiers>
          <isin value="MYL3182OO002"/>
          <ticker value="GEBHF"/>
          <other otherDesc="SEDOL" value="B1VXJL8"/>
        </identifiers>
        <balance>5400.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>6053.29</valUSD>
        <pctVal>0.0839368682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genting Malaysia Berhad</name>
        <lei>254900LABBWDEDUVRB07</lei>
        <title>GENTING MALAYSIA BERHAD /MYR/</title>
        <cusip>Y7368M113</cusip>
        <identifiers>
          <isin value="MYL4715OO008"/>
          <ticker value="GMALF"/>
          <other otherDesc="SEDOL" value="B1VXKN7"/>
        </identifiers>
        <balance>9000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>6221.80</valUSD>
        <pctVal>0.0862734822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China CITIC Bank Corporation Limited</name>
        <lei>300300C1030211000384</lei>
        <title>CHINA CITIC BANK CORP LT /HKD/</title>
        <cusip>Y1434M116</cusip>
        <identifiers>
          <isin value="CNE1000001Q4"/>
          <ticker value="CHBJF"/>
          <other otherDesc="SEDOL" value="B1W0JF2"/>
        </identifiers>
        <balance>82651.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>35826.69</valUSD>
        <pctVal>0.4967844193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cia Energetica Minas Gerais-Cemig</name>
        <lei>254900W703PXLDSEM056</lei>
        <title>CEMIG CIA ENERG PN /BRL/</title>
        <cusip>P2577R110</cusip>
        <identifiers>
          <isin value="BRCMIGACNPR3"/>
          <ticker value="CMIG4"/>
          <other otherDesc="SEDOL" value="B1YBRG0"/>
        </identifiers>
        <balance>2229.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5246.35</valUSD>
        <pctVal>0.0727475784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>SABESP ON /BRL/</title>
        <cusip>P8228H104</cusip>
        <identifiers>
          <isin value="BRSBSPACNOR5"/>
          <ticker value="SBSP3"/>
          <other otherDesc="SEDOL" value="B1YCHL8"/>
        </identifiers>
        <balance>811.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5850.27</valUSD>
        <pctVal>0.0811217275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marfrig Global Foods SA</name>
        <lei>391200219USWMOBN3F92</lei>
        <title>MARFRIG ALIMENTOS S.A /BRL/</title>
        <cusip>P64389102</cusip>
        <identifiers>
          <isin value="BRMRFGACNOR0"/>
          <ticker value="MRFG3"/>
          <other otherDesc="SEDOL" value="B1YWHR4"/>
        </identifiers>
        <balance>2614.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>10357.45</valUSD>
        <pctVal>0.1436197367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Want Want China Holdings Ltd</name>
        <lei>5299005HZCEKX4O1J230</lei>
        <title>WANT WANT CHINA HOLDINGS /HKD/</title>
        <cusip>G9431R103</cusip>
        <identifiers>
          <isin value="KYG9431R1039"/>
          <ticker value="WWNTF"/>
          <other otherDesc="SEDOL" value="B2Q14Z3"/>
        </identifiers>
        <balance>89000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>81723.11</valUSD>
        <pctVal>1.1331989572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bajaj Auto Limited</name>
        <lei>335800DLAO5NCNN8G863</lei>
        <title>BAJAJ AUTO LTD /INR/</title>
        <cusip>Y05490100</cusip>
        <identifiers>
          <isin value="INE917I01010"/>
          <ticker value="BAJAJ-AUTO"/>
          <other otherDesc="SEDOL" value="B2QKXW0"/>
        </identifiers>
        <balance>669.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>29242.34</valUSD>
        <pctVal>0.4054837022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hartalega Holdings</name>
        <lei>N/A</lei>
        <title>HARTALEGA HOLDINGS BHD /MYR/</title>
        <cusip>Y31139101</cusip>
        <identifiers>
          <isin value="MYL5168OO009"/>
          <ticker value="HHBHF"/>
          <other otherDesc="SEDOL" value="B2QPJK5"/>
        </identifiers>
        <balance>4300.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>5914.31</valUSD>
        <pctVal>0.0820097268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hypera SA</name>
        <lei>N/A</lei>
        <title>HYPERA SA /BRL/</title>
        <cusip>P5230A101</cusip>
        <identifiers>
          <isin value="BRHYPEACNOR0"/>
          <ticker value="HYPE3"/>
          <other otherDesc="SEDOL" value="B2QY968"/>
        </identifiers>
        <balance>7769.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>39430.81</valUSD>
        <pctVal>0.5467603078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adaro Energy Tbk</name>
        <lei>529900P2WAH7XA87OI24</lei>
        <title>ADARO ENERGY TBK PT /IDR/</title>
        <cusip>Y7087B109</cusip>
        <identifiers>
          <isin value="ID1000111305"/>
          <ticker value="PADEF"/>
          <other otherDesc="SEDOL" value="B3BQFC4"/>
        </identifiers>
        <balance>30876.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>4874.30</valUSD>
        <pctVal>0.0675886133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Cement Holdings Limited</name>
        <lei>529900E0EOYXYJ0GHY66</lei>
        <title>CHINA RESOURCES CEMENT /HKD/</title>
        <cusip>G2113L106</cusip>
        <identifiers>
          <isin value="KYG2113L1068"/>
          <ticker value="CJRCF"/>
          <other otherDesc="SEDOL" value="B41XC98"/>
        </identifiers>
        <balance>46000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>34746.81</valUSD>
        <pctVal>0.4818104556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tower Bersama Infrastructure Tbk Pt</name>
        <lei>213800ELUARKGNPAPY10</lei>
        <title>TOWER BERSAMA INFRASTRUC /IDR/</title>
        <cusip>Y71372109</cusip>
        <identifiers>
          <isin value="ID1000116908"/>
          <ticker value="PTFRF"/>
          <other otherDesc="SEDOL" value="B4MW045"/>
        </identifiers>
        <balance>39912.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>8261.03</valUSD>
        <pctVal>0.1145501019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inari Amertron Berhad</name>
        <lei>N/A</lei>
        <title>INARI AMERTRON BHD /MYR/</title>
        <cusip>Y3887U108</cusip>
        <identifiers>
          <isin value="MYQ0166OO007"/>
          <ticker value="INZRF"/>
          <other otherDesc="SEDOL" value="B54JP79"/>
        </identifiers>
        <balance>4900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>4704.75</valUSD>
        <pctVal>0.0652375784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energisa S.A.</name>
        <lei>N/A</lei>
        <title>ENERGISA SA-UNITS /BRL/</title>
        <cusip>P3769S114</cusip>
        <identifiers>
          <isin value="BRENGICDAM16"/>
          <ticker value="ENGI11"/>
          <other otherDesc="SEDOL" value="B56XQT8"/>
        </identifiers>
        <balance>712.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5671.71</valUSD>
        <pctVal>0.0786457571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New China Life Insurance Company Ltd.</name>
        <lei>529900QCDGPLPB62KH67</lei>
        <title>NEW CHINA LIFE INSURANCE /HKD/</title>
        <cusip>Y625A4115</cusip>
        <identifiers>
          <isin value="CNE100001922"/>
          <ticker value="NWWCF"/>
          <other otherDesc="SEDOL" value="B5730Z1"/>
        </identifiers>
        <balance>12600.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>33691.35</valUSD>
        <pctVal>0.4671751073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Minsheng Banking Corp., Ltd.</name>
        <lei>549300HBUGSQD1VCXG94</lei>
        <title>CHINA MINSHENG BANKING C /HKD/</title>
        <cusip>Y1495M112</cusip>
        <identifiers>
          <isin value="CNE100000HF9"/>
          <ticker value="CGMBF"/>
          <other otherDesc="SEDOL" value="B57JY24"/>
        </identifiers>
        <balance>92449.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>35331.36</valUSD>
        <pctVal>0.4899160141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tatneft Pjsc</name>
        <lei>253400PAT768SVJMV121</lei>
        <title>TATNEFT PJSC /RUB/</title>
        <cusip>X89366102</cusip>
        <identifiers>
          <isin value="RU0009033591"/>
          <ticker value="TATN"/>
          <other otherDesc="SEDOL" value="B59BXN2"/>
        </identifiers>
        <balance>3253.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>21682.70</valUSD>
        <pctVal>0.3006592998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novolipetsk Steel</name>
        <lei>213800913TPW32I84456</lei>
        <title>NOVOLIPETSK STEEL /RUB/</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009046452"/>
          <ticker value="NLMK"/>
          <other otherDesc="SEDOL" value="B59FPC7"/>
        </identifiers>
        <balance>4741.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>13741.49</valUSD>
        <pctVal>0.1905439249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mobile Telesystems Public Joint Stock Company</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>MOBILE TELESYSTEMS OJSC /RUB/</title>
        <cusip>X5430T109</cusip>
        <identifiers>
          <isin value="RU0007775219"/>
          <ticker value="MTSS"/>
          <other otherDesc="SEDOL" value="B59FPS3"/>
        </identifiers>
        <balance>2140.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>8509.98</valUSD>
        <pctVal>0.1180021228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magnit Public Joint Stock Company</name>
        <lei>2534009KKPTVL99W2Y12</lei>
        <title>MAGNIT CLS RUB</title>
        <cusip>X51729105</cusip>
        <identifiers>
          <isin value="RU000A0JKQU8"/>
          <ticker value="MGJNF"/>
          <other otherDesc="SEDOL" value="B59GLW2"/>
        </identifiers>
        <balance>96.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>6956.89</valUSD>
        <pctVal>0.0964664768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magnitogorsk Iron and Steel Works PJSC</name>
        <lei>253400XSJ4C01YMCXG44</lei>
        <title>MAGNITOGORSK IRON&amp;</title>
        <cusip>X5171A103</cusip>
        <identifiers>
          <isin value="RU0009084396"/>
          <ticker value="MAGN"/>
          <other otherDesc="SEDOL" value="B5B1RP0"/>
        </identifiers>
        <balance>15021.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>13891.01</valUSD>
        <pctVal>0.1926172174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MMC Norilsk Nickel Public Joint Stock Company</name>
        <lei>253400JPTEEW143W3E47</lei>
        <title>MMC NORILSK NICKEL OJSC /RUB/</title>
        <cusip>X40407102</cusip>
        <identifiers>
          <isin value="RU0007288411"/>
          <ticker value="GMKN"/>
          <other otherDesc="SEDOL" value="B5B1TX2"/>
        </identifiers>
        <balance>47.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>14288.64</valUSD>
        <pctVal>0.1981308830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inter Rao Ues Public Joint Stock Company</name>
        <lei>253400PMFKF8Q8G1FA17</lei>
        <title>INTER RAO UES PJSC</title>
        <cusip>X39961101</cusip>
        <identifiers>
          <isin value="RU000A0JPNM1"/>
          <ticker value="IRAO"/>
          <other otherDesc="SEDOL" value="B5B2VL7"/>
        </identifiers>
        <balance>172018.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>9787.71</valUSD>
        <pctVal>0.1357195384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sistema PJSFC</name>
        <lei>213800JSZ2UUK4QQK694</lei>
        <title>SISTEMA JSFC /RUB/</title>
        <cusip>X0020N117</cusip>
        <identifiers>
          <isin value="RU000A0DQZE3"/>
          <ticker value="AFKS"/>
          <other otherDesc="SEDOL" value="B5B6XH9"/>
        </identifiers>
        <balance>10776.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>3364.31</valUSD>
        <pctVal>0.0466506057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Severstal Public Joint Stock Company</name>
        <lei>213800OKDPTV6K4ONO53</lei>
        <title>SEVERSTAL /RUB/</title>
        <cusip>X7803S106</cusip>
        <identifiers>
          <isin value="RU0009046510"/>
          <ticker value="CHMF"/>
          <other otherDesc="SEDOL" value="B5B9C59"/>
        </identifiers>
        <balance>676.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>14451.10</valUSD>
        <pctVal>0.2003836057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agricultural Bank of China Limited</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>AGRICULTURAL BANK OF CHI /HKD/</title>
        <cusip>Y00289119</cusip>
        <identifiers>
          <isin value="CNE100000Q43"/>
          <ticker value="ACGBF"/>
          <other otherDesc="SEDOL" value="B60LZR6"/>
        </identifiers>
        <balance>108321.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>37229.68</valUSD>
        <pctVal>0.5162387304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PZU SA</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>POWSZECHNY ZAKLAD UBEZPI /PLN/</title>
        <cusip>X6919T107</cusip>
        <identifiers>
          <isin value="PLPZU0000011"/>
          <ticker value="PWZYF"/>
          <other otherDesc="SEDOL" value="B63DG21"/>
        </identifiers>
        <balance>1335.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>11712.71</valUSD>
        <pctVal>0.1624122082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Far East Horizon Limited</name>
        <lei>549300S9XRGO1ZPUHE62</lei>
        <title>FAR EAST HORIZON LTD /HKD/</title>
        <cusip>Y24286109</cusip>
        <identifiers>
          <isin value="HK0000077468"/>
          <ticker value="FEZHF"/>
          <other otherDesc="SEDOL" value="B63DLB5"/>
        </identifiers>
        <balance>37000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>32835.95</valUSD>
        <pctVal>0.4553138555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vodacom Group Limited</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>VODACOM GROUP LTD /ZAR/</title>
        <cusip>S9453B108</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
          <ticker value="VODAF"/>
          <other otherDesc="SEDOL" value="B65B4D0"/>
        </identifiers>
        <balance>1843.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>15569.79</valUSD>
        <pctVal>0.2158957214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank Mexico SA Institucion de Banca Multiple</name>
        <lei>N/A</lei>
        <title>TRUST FIBRA UNO /MXN/</title>
        <cusip>P3515D163</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
          <ticker value="FBASF"/>
          <other otherDesc="SEDOL" value="B671GT8"/>
        </identifiers>
        <balance>5702.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>6031.86</valUSD>
        <pctVal>0.0836397130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alrosa Public Joint Stock Company</name>
        <lei>894500DKUWVBYZLLE651</lei>
        <title>ALROSA PJSC /RUB/</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0007252813"/>
          <ticker value="ALRS"/>
          <other otherDesc="SEDOL" value="B6QPBP2"/>
        </identifiers>
        <balance>7696.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>12586.02</valUSD>
        <pctVal>0.1745218059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haitong Securities Co., Ltd.</name>
        <lei>300300E1003931000068</lei>
        <title>HAITONG SECURITIES CO LTD/HKD</title>
        <cusip>Y2988F101</cusip>
        <identifiers>
          <isin value="CNE1000019K9"/>
          <ticker value="HTNGF"/>
          <other otherDesc="SEDOL" value="B71SXC4"/>
        </identifiers>
        <balance>40400.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>35801.50</valUSD>
        <pctVal>0.4964351267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raia Drogasil Sa</name>
        <lei>N/A</lei>
        <title>RAIA DROGASIL SA /BRL/</title>
        <cusip>P7987N104</cusip>
        <identifiers>
          <isin value="BRRADLACNOR0"/>
          <ticker value="RADL3"/>
          <other otherDesc="SEDOL" value="B7FQV64"/>
        </identifiers>
        <balance>2870.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>12520.83</valUSD>
        <pctVal>0.1736178604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Smartfren Telecom</name>
        <lei>875500RRU53G6G7HKK23</lei>
        <title>SMARTFREN TELECOM TBK PT /IDR/</title>
        <cusip>Y7137B109</cusip>
        <identifiers>
          <isin value="ID1000122302"/>
          <ticker value="FRENF"/>
          <other otherDesc="SEDOL" value="B7LLC71"/>
        </identifiers>
        <balance>1054800.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>6438.70</valUSD>
        <pctVal>0.0892810874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Astra International Tbk Pt</name>
        <lei>529900L49TRJOMG4DK47</lei>
        <title>ASTRA INTERNATIONAL TBK  /IDR/</title>
        <cusip>Y7117N172</cusip>
        <identifiers>
          <isin value="ID1000122807"/>
          <ticker value="PTAIF"/>
          <other otherDesc="SEDOL" value="B800MQ5"/>
        </identifiers>
        <balance>43145.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>17254.97</valUSD>
        <pctVal>0.2392629699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IHH Healthcare BHD</name>
        <lei>N/A</lei>
        <title>IHH HEALTHCARE BHD /MYR/</title>
        <cusip>Y374AH103</cusip>
        <identifiers>
          <isin value="MYL5225OO007"/>
          <ticker value="IHHHF"/>
          <other otherDesc="SEDOL" value="B83X6P8"/>
        </identifiers>
        <balance>3900.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>6871.34</valUSD>
        <pctVal>0.0952802129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The People's Insurance Company (Group) of China Limited</name>
        <lei>3003000P2JHYHQ524P66</lei>
        <title>PEOPLE'S INSURANCE CO GR /HKD/</title>
        <cusip>Y6800A109</cusip>
        <identifiers>
          <isin value="CNE100001MK7"/>
          <ticker value="PINXF"/>
          <other otherDesc="SEDOL" value="B8RZJZ1"/>
        </identifiers>
        <balance>120000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>36319.10</valUSD>
        <pctVal>0.5036123350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Moscow Exchange Micex-Rts PJSC</name>
        <lei>253400M5M1222KPNWE87</lei>
        <title>MOSCOW EXCHANGE MICEX-RTS /RUB</title>
        <cusip>X5504J102</cusip>
        <identifiers>
          <isin value="RU000A0JR4A1"/>
          <ticker value="MOEX"/>
          <other otherDesc="SEDOL" value="B9GFHQ6"/>
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        <balance>1668.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>3402.70</valUSD>
        <pctVal>0.0471829338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BB Seguridade Participacoes Sa</name>
        <lei>N/A</lei>
        <title>BB SEGURIDADE PARTICIPAC /BRL/</title>
        <cusip>P1R1WJ103</cusip>
        <identifiers>
          <isin value="BRBBSEACNOR5"/>
          <ticker value="BBSE3"/>
          <other otherDesc="SEDOL" value="B9N3SQ0"/>
        </identifiers>
        <balance>13884.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>51722.26</valUSD>
        <pctVal>0.7171975112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Growthpoint Properties Ltd</name>
        <lei>37890019DD1E46632291</lei>
        <title>GROWTHPOINT PROPERTIES L /ZAR/</title>
        <cusip>S3373C239</cusip>
        <identifiers>
          <isin value="ZAE000179420"/>
          <ticker value="GWWTF"/>
          <other otherDesc="SEDOL" value="BBGB5W0"/>
        </identifiers>
        <balance>5694.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>5492.11</valUSD>
        <pctVal>0.0761553657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Richter Gedeon Chemical Factory Public Limited Company</name>
        <lei>549300J6ZJW5IH4WEE46</lei>
        <title>RICHTER GEDEON NYRT /HUF/</title>
        <cusip>X3124S107</cusip>
        <identifiers>
          <isin value="HU0000123096"/>
          <ticker value="RGEDF"/>
          <other otherDesc="SEDOL" value="BC9ZH86"/>
        </identifiers>
        <balance>270.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="324.462050"/>
        <valUSD>7260.48</valUSD>
        <pctVal>0.1006761535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sarana Menara Nusa</name>
        <lei>N/A</lei>
        <title>SARANA MENARA NUSANTARA  /IDR/</title>
        <cusip>Y71369113</cusip>
        <identifiers>
          <isin value="ID1000128804"/>
          <ticker value="SMNUF"/>
          <other otherDesc="SEDOL" value="BCDBLX3"/>
        </identifiers>
        <balance>89161.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>7037.79</valUSD>
        <pctVal>0.0975882622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dino Polska Sa</name>
        <lei>259400H4L81SMPRTW956</lei>
        <title>DINO POLSKA SA /PLN/</title>
        <cusip>X188AF102</cusip>
        <identifiers>
          <isin value="PLDINPL00011"/>
          <ticker value="DNOPF"/>
          <other otherDesc="SEDOL" value="BD0YVN2"/>
        </identifiers>
        <balance>93.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.029150"/>
        <valUSD>8477.94</valUSD>
        <pctVal>0.1175578458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engie Brasil Energia SA</name>
        <lei>52990057Q0EK2Q9YBC07</lei>
        <title>ENGIE BRASIL ENERGIA SA /BRL/</title>
        <cusip>P37625103</cusip>
        <identifiers>
          <isin value="BREGIEACNOR9"/>
          <ticker value="EGIE3"/>
          <other otherDesc="SEDOL" value="BD1WX84"/>
        </identifiers>
        <balance>835.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5758.05</valUSD>
        <pctVal>0.0798429753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telkom Indonesia(Persero) TBK</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>TELKOM INDONESIA PERSERO /IDR/</title>
        <cusip>Y71474145</cusip>
        <identifiers>
          <isin value="ID1000129000"/>
          <ticker value="TLKMF"/>
          <other otherDesc="SEDOL" value="BD4T6W7"/>
        </identifiers>
        <balance>32016.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>9075.22</valUSD>
        <pctVal>0.1258399226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOL Hungarian Oil and Gas Plc</name>
        <lei>213800R83KX5FQFGXS67</lei>
        <title>MOL HUNGARIAN OIL AND GA /HUF/</title>
        <cusip>X5S32S129</cusip>
        <identifiers>
          <isin value="HU0000153937"/>
          <ticker value="MOLFF"/>
          <other otherDesc="SEDOL" value="BD5ZXH8"/>
        </identifiers>
        <balance>807.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="324.462050"/>
        <valUSD>6267.73</valUSD>
        <pctVal>0.0869103623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nepi Rockcastle Plc</name>
        <lei>549300FMWM53K9ULYT15</lei>
        <title>NEPI ROCKCASTLE PLC /ZAR/</title>
        <cusip>G6420W101</cusip>
        <identifiers>
          <isin value="IM00BDD7WV31"/>
          <ticker value="NRP"/>
          <other otherDesc="SEDOL" value="BDD7WV3"/>
        </identifiers>
        <balance>779.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>5181.93</valUSD>
        <pctVal>0.0718543099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PLDT Inc</name>
        <lei>254900ADE8GQHM5P2648</lei>
        <title>PLDT INC /PHP/</title>
        <cusip>Y7072Q103</cusip>
        <identifiers>
          <isin value="PHY7072Q1032"/>
          <ticker value="PHTCF"/>
          <other otherDesc="SEDOL" value="BDGN274"/>
        </identifiers>
        <balance>190.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.992500"/>
        <valUSD>6751.58</valUSD>
        <pctVal>0.0936195822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhenro Properties Group Limited</name>
        <lei>549300I66TVJEL841P38</lei>
        <title>ZHENRO PROPERTIES GROUP  /HKD/</title>
        <cusip>G9897E109</cusip>
        <identifiers>
          <isin value="KYG9897E1098"/>
          <ticker value="6158"/>
          <other otherDesc="SEDOL" value="BDRHD05"/>
        </identifiers>
        <balance>337000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>160341.39</valUSD>
        <pctVal>2.2233453419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Old Mutual Ltd</name>
        <lei>213800MON84ZWWPQCN47</lei>
        <title>OLD MUTUAL LTD /ZAR/</title>
        <cusip>S5790B132</cusip>
        <identifiers>
          <isin value="ZAE000255360"/>
          <ticker value="ODMUF"/>
          <other otherDesc="SEDOL" value="BDVPYN5"/>
        </identifiers>
        <balance>13792.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>11338.26</valUSD>
        <pctVal>0.1572199640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Press Metal Aluminium Hldg Bhd</name>
        <lei>254900RO5GQ4M0YV5S47</lei>
        <title>PRESS METAL ALUMINIUM HO /MYR/</title>
        <cusip>Y7079E103</cusip>
        <identifiers>
          <isin value="MYL8869OO009"/>
          <ticker value="PSSMF"/>
          <other otherDesc="SEDOL" value="BF0J5S4"/>
        </identifiers>
        <balance>8700.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.166000"/>
        <valUSD>12070.57</valUSD>
        <pctVal>0.1673744102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atacadao SA</name>
        <lei>549300SMI26ISJIRM371</lei>
        <title>ATACADAO SA /BRL/</title>
        <cusip>P0565P138</cusip>
        <identifiers>
          <isin value="BRCRFBACNOR2"/>
          <ticker value="CRFB3"/>
          <other otherDesc="SEDOL" value="BF7LBH4"/>
        </identifiers>
        <balance>3777.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>10340.98</valUSD>
        <pctVal>0.1433913584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neoenergia Sa</name>
        <lei>N/A</lei>
        <title>NEOENERGIA SA /BRL/</title>
        <cusip>P7133Y111</cusip>
        <identifiers>
          <isin value="BRNEOEACNOR3"/>
          <ticker value="NEOE3"/>
          <other otherDesc="SEDOL" value="BF8GMG4"/>
        </identifiers>
        <balance>2043.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>5941.94</valUSD>
        <pctVal>0.0823928533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Absa Group Ltd</name>
        <lei>2138006IPPRD4N6XLT30</lei>
        <title>ABSA GROUP LTD /ZAR/</title>
        <cusip>S0270C106</cusip>
        <identifiers>
          <isin value="ZAE000255915"/>
          <ticker value="AGRPF"/>
          <other otherDesc="SEDOL" value="BFX05H3"/>
        </identifiers>
        <balance>1497.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>14331.18</valUSD>
        <pctVal>0.1987207564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pepkor Holdings Ltd</name>
        <lei>N/A</lei>
        <title>PEPKOR HOLDINGS LTD /ZAR/</title>
        <cusip>S60064102</cusip>
        <identifiers>
          <isin value="ZAE000259479"/>
          <ticker value="PPKRF"/>
          <other otherDesc="SEDOL" value="BFXG366"/>
        </identifiers>
        <balance>3165.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>4347.78</valUSD>
        <pctVal>0.0602877174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Syariah Indonesia Tbk</name>
        <lei>N/A</lei>
        <title>BANK SYARIAH INDONESIA T /IDR/</title>
        <cusip>Y0R8KR105</cusip>
        <identifiers>
          <isin value="ID1000142904"/>
          <ticker value="BRIS"/>
          <other otherDesc="SEDOL" value="BFY6H41"/>
        </identifiers>
        <balance>134300.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>16772.78</valUSD>
        <pctVal>0.2325767681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Tower Corp Ltd</name>
        <lei>N/A</lei>
        <title>CHINA TOWER CORP LTD-H /HKD/</title>
        <cusip>Y15076105</cusip>
        <identifiers>
          <isin value="CNE100003688"/>
          <ticker value="CHWRF"/>
          <other otherDesc="SEDOL" value="BFZ2PK0"/>
        </identifiers>
        <balance>760000.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>83821.20</valUSD>
        <pctVal>1.1622917487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ambev S.A.</name>
        <lei>549300TH5Q6VRP8OT012</lei>
        <title>AMBEV SA /BRL/</title>
        <cusip>P0273U106</cusip>
        <identifiers>
          <isin value="BRABEVACNOR1"/>
          <ticker value="ABEV3"/>
          <other otherDesc="SEDOL" value="BG7ZWY7"/>
        </identifiers>
        <balance>4384.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>12136.68</valUSD>
        <pctVal>0.1682911128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Britannia Industries Ltd</name>
        <lei>335800RRN5EVHNNAXN80</lei>
        <title>BRITANNIA INDUSTRIES LTD /INR/</title>
        <cusip>Y0969R151</cusip>
        <identifiers>
          <isin value="INE216A01030"/>
          <ticker value="BRITANNIA"/>
          <other otherDesc="SEDOL" value="BGSQG47"/>
        </identifiers>
        <balance>435.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>21101.72</valUSD>
        <pctVal>0.2926032440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orbia Advance Corp S A B De Cv</name>
        <lei>549300MVHZ20SBIOEQ79</lei>
        <title>ORBIA ADVANCE CORP SAB D /MXN/</title>
        <cusip>P57908157</cusip>
        <identifiers>
          <isin value="MX01OR010004"/>
          <ticker value="MXCHF"/>
          <other otherDesc="SEDOL" value="BH3T8K8"/>
        </identifiers>
        <balance>5952.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>15191.40</valUSD>
        <pctVal>0.2106488439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Conch Venture Holdings Limited</name>
        <lei>30030033WV20E49PWI57</lei>
        <title>CHINA CONCH VENTURE HOLD /HKD/</title>
        <cusip>G2116J108</cusip>
        <identifiers>
          <isin value="KYG2116J1085"/>
          <ticker value="CCVTF"/>
          <other otherDesc="SEDOL" value="BH7HM06"/>
        </identifiers>
        <balance>27625.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.797550"/>
        <valUSD>134979.90</valUSD>
        <pctVal>1.8716747555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Multichoice Group Ltd</name>
        <lei>254900BVQQ7DFBMSVJ81</lei>
        <title>MULTICHOICE GROUP LTD /ZAR/</title>
        <cusip>S8039U101</cusip>
        <identifiers>
          <isin value="ZAE000265971"/>
          <ticker value="MCOIF"/>
          <other otherDesc="SEDOL" value="BHZSKR4"/>
        </identifiers>
        <balance>2325.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>17804.82</valUSD>
        <pctVal>0.2468873671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Klabin S.A.</name>
        <lei>N/A</lei>
        <title>KLABIN SA - UNIT /BRL/</title>
        <cusip>P60933135</cusip>
        <identifiers>
          <isin value="BRKLBNCDAM18"/>
          <ticker value="KLBN11"/>
          <other otherDesc="SEDOL" value="BJ0K6Z9"/>
        </identifiers>
        <balance>14474.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>66679.15</valUSD>
        <pctVal>0.9245945639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Natura &amp; Co Holding SA</name>
        <lei>N/A</lei>
        <title>NATURA &amp;CO HOLDING SA /BRL/</title>
        <cusip>P7S8B6105</cusip>
        <identifiers>
          <isin value="BRNTCOACNOR5"/>
          <ticker value="NTCO3"/>
          <other otherDesc="SEDOL" value="BJRFY31"/>
        </identifiers>
        <balance>7936.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>36232.04</valUSD>
        <pctVal>0.5024051330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AC Energy Corporation</name>
        <lei>549300LGUZQ61GQQXQ60</lei>
        <title>AC ENERGY CORP /PHP/</title>
        <cusip>Y1001H102</cusip>
        <identifiers>
          <isin value="PHY1001H1024"/>
          <ticker value="ACPIF"/>
          <other otherDesc="SEDOL" value="BMBZPW4"/>
        </identifiers>
        <balance>27400.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.992500"/>
        <valUSD>5910.67</valUSD>
        <pctVal>0.0819592534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tim S A</name>
        <lei>N/A</lei>
        <title>TIM SA /BRL/</title>
        <cusip>P9153B104</cusip>
        <identifiers>
          <isin value="BRTIMSACNOR5"/>
          <ticker value="TIMS3"/>
          <other otherDesc="SEDOL" value="BN71RB6"/>
        </identifiers>
        <balance>1542.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.570000"/>
        <valUSD>3640.45</valUSD>
        <pctVal>0.0504796519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credit Bank of Moscow Pjsc</name>
        <lei>2534000R9X3PNNE57C55</lei>
        <title>CREDIT BANK OF MOSCOW PJ /RUB/</title>
        <cusip>X1757A104</cusip>
        <identifiers>
          <isin value="RU000A0JUG31"/>
          <ticker value="CBOM"/>
          <other otherDesc="SEDOL" value="BTSTNP7"/>
        </identifiers>
        <balance>40399.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>3685.41</valUSD>
        <pctVal>0.0511030817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Berger Paints India Limited</name>
        <lei>335800TNTIBFAWWUZD51</lei>
        <title>BERGER PAINTS INDIA LTD /INR/</title>
        <cusip>Y0807G169</cusip>
        <identifiers>
          <isin value="INE463A01038"/>
          <ticker value="BERGEPAINT"/>
          <other otherDesc="SEDOL" value="BV8TBJ1"/>
        </identifiers>
        <balance>7743.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>80387.54</valUSD>
        <pctVal>1.1146795136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wal-Mart De Mexico</name>
        <lei>N/A</lei>
        <title>WALMART DE MEXICO SAB DE /MXN/</title>
        <cusip>P98180188</cusip>
        <identifiers>
          <isin value="MX01WA000038"/>
          <ticker value="WMMVF"/>
          <other otherDesc="SEDOL" value="BW1YVH8"/>
        </identifiers>
        <balance>7190.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.475500"/>
        <valUSD>26764.76</valUSD>
        <pctVal>0.3711287801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bata India</name>
        <lei>335800Z9GJDJWCOZ5F78</lei>
        <title>BATA INDIA LTD /INR/</title>
        <cusip>Y07273165</cusip>
        <identifiers>
          <isin value="INE176A01028"/>
          <ticker value="BATAINDIA"/>
          <other otherDesc="SEDOL" value="BYMFG13"/>
        </identifiers>
        <balance>1442.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>36307.20</valUSD>
        <pctVal>0.5034473257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grasim Industries</name>
        <lei>335800WLY7FOIT3ERV21</lei>
        <title>GRASIM INDUSTRIES LTD /INR/</title>
        <cusip>Y2851U102</cusip>
        <identifiers>
          <isin value="INE047A01021"/>
          <ticker value="GRASIM"/>
          <other otherDesc="SEDOL" value="BYQKH33"/>
        </identifiers>
        <balance>3752.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.335650"/>
        <valUSD>81881.06</valUSD>
        <pctVal>1.1353891428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MR Price Group</name>
        <lei>378900D3417C35C5D733</lei>
        <title>MR PRICE GROUP LTD /ZAR/</title>
        <cusip>S5256M135</cusip>
        <identifiers>
          <isin value="ZAE000200457"/>
          <ticker value="MRPZF"/>
          <other otherDesc="SEDOL" value="BYXW419"/>
        </identifiers>
        <balance>339.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>4244.15</valUSD>
        <pctVal>0.0588507505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Merdeka Copper Gold Tbk. Pt</name>
        <lei>N/A</lei>
        <title>MERDEKA COPPER GOLD TBK  /IDR/</title>
        <cusip>Y60132100</cusip>
        <identifiers>
          <isin value="ID1000134406"/>
          <ticker value="MDKA"/>
          <other otherDesc="SEDOL" value="BZ0W5W7"/>
        </identifiers>
        <balance>31633.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.500000"/>
        <valUSD>8633.74</valUSD>
        <pctVal>0.1197182188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bid Corporation Limited</name>
        <lei>N/A</lei>
        <title>BID CORP LTD /ZAR/</title>
        <cusip>S11881109</cusip>
        <identifiers>
          <isin value="ZAE000216537"/>
          <ticker value="BPPPF"/>
          <other otherDesc="SEDOL" value="BZBFKT7"/>
        </identifiers>
        <balance>412.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.935000"/>
        <valUSD>8439.86</valUSD>
        <pctVal>0.1170298163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credicorp Ltd.</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>CREDICORP LTD</title>
        <cusip>G2519Y108</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
          <ticker value="BAP"/>
          <other otherDesc="SEDOL" value="2232878"/>
        </identifiers>
        <balance>128.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15624.96</valUSD>
        <pctVal>0.2166607264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Polyus Public Joint Stock Company</name>
        <lei>549300FUXVT7TF6ZKV71</lei>
        <title>POLYUS GOLD OAO /RUB/</title>
        <cusip>X59432108</cusip>
        <identifiers>
          <isin value="RU000A0JNAA8"/>
          <ticker value="PLZL"/>
        </identifiers>
        <balance>85.0000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="75.088750"/>
        <valUSD>14800.82</valUSD>
        <pctVal>0.2052329358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded Fund VI</ncom:nameOfApplicant>
      <ncom:signature>Donald P. Swade</ncom:signature>
      <ncom:signerName>First Trust Exchange-Traded Fund VI </ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
