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          <ccc>XXXXXXXX</ccc>
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        <classId>C000214760</classId>
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      <regFileNumber>811-23066</regFileNumber>
      <regCik>0001644419</regCik>
      <regLei>549300UIBIHXQ3PDEC28</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>Inspire International ETF</seriesName>
      <seriesId>S000066581</seriesId>
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      <repPdEnd>2025-11-30</repPdEnd>
      <repPdDate>2025-05-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>4367723.07</totLiabs>
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      <assetsInvested>0.00000000</assetsInvested>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Icon PLC</name>
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        <name>RIO Tinto Limited</name>
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        <title>RIO TINTO LTD</title>
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        <name>BOC Hong Kong (Holdings) Ltd.</name>
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        <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>Antofagasta PLC</name>
        <lei>213800MY6QVH4FVLD628</lei>
        <title>ANTOFAGASTA PLC</title>
        <cusip>G0398N128</cusip>
        <identifiers>
          <isin value="GB0000456144"/>
        </identifiers>
        <balance>70160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1673649.69000000</valUSD>
        <pctVal>0.508368297706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prudential PLC</name>
        <lei>5493001Z3ZE83NGK8Y12</lei>
        <title>Prudential PLC</title>
        <cusip>G72899100</cusip>
        <identifiers>
          <isin value="GB0007099541"/>
        </identifiers>
        <balance>140069.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1594318.12000000</valUSD>
        <pctVal>0.484271465832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fairfax Financial Holdings Limited</name>
        <lei>GLS7OQD0WOEDI8YAP031</lei>
        <title>FAIRFAX FINL HLD</title>
        <cusip>303901102</cusip>
        <identifiers>
          <isin value="CA3039011026"/>
        </identifiers>
        <balance>1034.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1759140.22000000</valUSD>
        <pctVal>0.534335903392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzano S A</name>
        <lei>391200AW174YQSDMGG41</lei>
        <title>SUZANO SA</title>
        <cusip>P8T20U187</cusip>
        <identifiers>
          <isin value="BRSUZBACNOR0"/>
        </identifiers>
        <balance>161215.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.72090000"/>
        <valUSD>1396882.93000000</valUSD>
        <pctVal>0.424300856662</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>Hermes International</name>
        <lei>969500Y4IJGHJE2MTJ13</lei>
        <title>HERMES INTL</title>
        <cusip>F48051100</cusip>
        <identifiers>
          <isin value="FR0000052292"/>
        </identifiers>
        <balance>577.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1590549.50000000</valUSD>
        <pctVal>0.483126753802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WSP Global Inc</name>
        <lei>549300IQ87LU6X6ERQ78</lei>
        <title>WSP Global Inc</title>
        <cusip>92938W202</cusip>
        <identifiers>
          <isin value="CA92938W2022"/>
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        <balance>8806.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1804212.12000000</valUSD>
        <pctVal>0.548026417729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Julius Baer Group AG</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>JULIUS BAER GROU</title>
        <cusip>H4414N103</cusip>
        <identifiers>
          <isin value="CH0102484968"/>
        </identifiers>
        <balance>22558.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1483887.74000000</valUSD>
        <pctVal>0.450728422368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBC Group NV</name>
        <lei>213800X3Q9LSAKRUWY91</lei>
        <title>KBC GROUP</title>
        <cusip>B5337G162</cusip>
        <identifiers>
          <isin value="BE0003565737"/>
        </identifiers>
        <balance>16906.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1669102.82000000</valUSD>
        <pctVal>0.506987193538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tryg AS</name>
        <lei>213800ZRS8AC4LSTCE39</lei>
        <title>TRYG A/S</title>
        <cusip>K9640A110</cusip>
        <identifiers>
          <isin value="DK0060636678"/>
        </identifiers>
        <balance>63503.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.56904000"/>
        <valUSD>1631791.92000000</valUSD>
        <pctVal>0.495654069987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UCB SA</name>
        <lei>2138008J191VLSGY5A09</lei>
        <title>UCB SA</title>
        <cusip>B93562120</cusip>
        <identifiers>
          <isin value="BE0003739530"/>
        </identifiers>
        <balance>8549.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1551981.27000000</valUSD>
        <pctVal>0.471411718363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enel Americas SA</name>
        <lei>549300LKH11TFCJLZK20</lei>
        <title>ENEL AMERICAS SA</title>
        <cusip>P37186106</cusip>
        <identifiers>
          <isin value="CLP371861061"/>
        </identifiers>
        <balance>15640985.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="945.23000000"/>
        <valUSD>1459801.00000000</valUSD>
        <pctVal>0.443412115327</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>EDP SA</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP</title>
        <cusip>X67925119</cusip>
        <identifiers>
          <isin value="PTEDP0AM0009"/>
        </identifiers>
        <balance>464176.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1849747.68000000</valUSD>
        <pctVal>0.561857768018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mahindra &amp; Mahindra Ltd.</name>
        <lei>3358003B573EV4KB4Z02</lei>
        <title>MAHINDRA &amp; M-GDR</title>
        <cusip>Y54164119</cusip>
        <identifiers>
          <isin value="USY541641194"/>
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        <balance>48229.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1654254.70000000</valUSD>
        <pctVal>0.502477101890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Givaudan SA</name>
        <lei>213800SVRMQA1TD91D41</lei>
        <title>GIVAUDAN-REG</title>
        <cusip>H3238Q102</cusip>
        <identifiers>
          <isin value="CH0010645932"/>
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        <balance>348.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1746069.79000000</valUSD>
        <pctVal>0.530365782112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yara International ASA</name>
        <lei>213800WKOUWXWFJ5Z514</lei>
        <title>YARA INTL ASA</title>
        <cusip>R9900C106</cusip>
        <identifiers>
          <isin value="NO0010208051"/>
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        <balance>49761.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.20640000"/>
        <valUSD>1784422.13000000</valUSD>
        <pctVal>0.542015241324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Argos S.A.</name>
        <lei>254900HANAO95XIAE681</lei>
        <title>GRUPO ARGOS SA</title>
        <cusip>P0275K122</cusip>
        <identifiers>
          <isin value="COT09PA00035"/>
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        <balance>302674.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="COP" exchangeRt="4153.60000000"/>
        <valUSD>1595859.16000000</valUSD>
        <pctVal>0.484739554158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Canadian National Railway Company</name>
        <lei>3SU7BEP7TH9YEQOZCS77</lei>
        <title>CAN NATL RAILWAY</title>
        <cusip>136375102</cusip>
        <identifiers>
          <isin value="CA1363751027"/>
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        <balance>15350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1613364.37000000</valUSD>
        <pctVal>0.490056732455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>B3 S.A. - Brasil, Bolsa, Balcao</name>
        <lei>4GTK5S46E6H318LMDS44</lei>
        <title>B3 SA</title>
        <cusip>P1909G107</cusip>
        <identifiers>
          <isin value="BRB3SAACNOR6"/>
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        <balance>701910.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.72090000"/>
        <valUSD>1702968.20000000</valUSD>
        <pctVal>0.517273746145</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Agnico Eagle Mines Ltd</name>
        <lei>YGE0EUBRF7IJOB3QRX76</lei>
        <title>AGNICO EAGLE MIN</title>
        <cusip>008474108</cusip>
        <identifiers>
          <isin value="CA0084741085"/>
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        <balance>13793.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1625679.30000000</valUSD>
        <pctVal>0.493797371872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="752120.42000000"/>
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      <invstOrSec>
        <name>SM Prime Holdings Inc.</name>
        <lei>254900SZK83MIAB8CU32</lei>
        <title>SM PRIME HLDGS</title>
        <cusip>Y8076N112</cusip>
        <identifiers>
          <isin value="PHY8076N1120"/>
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        <balance>3623167.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.80000000"/>
        <valUSD>1464201.00000000</valUSD>
        <pctVal>0.444748607977</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Realty &amp; Development Co Ltd.</name>
        <lei>353800SO2DCLOI3LNZ64</lei>
        <title>SUMITOMO REALTY</title>
        <cusip>J77841112</cusip>
        <identifiers>
          <isin value="JP3409000001"/>
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        <balance>40095.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1548021.08000000</valUSD>
        <pctVal>0.470208817266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sociedad Quimica y Minera de Chile S A</name>
        <lei>TJ88LXZZW5PWIN93ZC81</lei>
        <title>Sociedad Quimica y Minera</title>
        <cusip>P8716X108</cusip>
        <identifiers>
          <isin value="CLP8716X1082"/>
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        <balance>37650.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="945.23000000"/>
        <valUSD>1125879.31000000</valUSD>
        <pctVal>0.341983959766</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fortis Inc</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>FORTIS INC</title>
        <cusip>349553107</cusip>
        <identifiers>
          <isin value="CA3495531079"/>
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        <balance>33034.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1613756.86000000</valUSD>
        <pctVal>0.490175950637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG H&amp;H Co Ltd.</name>
        <lei>N/A</lei>
        <title>LG H&amp;H</title>
        <cusip>Y5275R100</cusip>
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          <isin value="KR7051900009"/>
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        <balance>7047.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Garmin Ltd</name>
        <lei>2549001E0HIPIJQ0W046</lei>
        <title>GARMIN LTD</title>
        <cusip>H2906T109</cusip>
        <identifiers>
          <isin value="CH0114405324"/>
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        <balance>6886.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1397651.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</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>Fortescue Ltd.</name>
        <lei>529900VEJFORCO6I4826</lei>
        <title>FORTESCUE LTD</title>
        <cusip>Q39360104</cusip>
        <identifiers>
          <isin value="AU000000FMG4"/>
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        <balance>155677.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TERNA - Rete Elettrica Nazionale S.p.A.</name>
        <lei>8156009E94ED54DE7C31</lei>
        <title>TERNA-RETE ELETT</title>
        <cusip>T9471R100</cusip>
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          <isin value="IT0003242622"/>
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        <balance>165254.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Iberdrola, S.A.</name>
        <lei>5QK37QC7NWOJ8D7WVQ45</lei>
        <title>IBERDROLA SA</title>
        <cusip>E6165F166</cusip>
        <identifiers>
          <isin value="ES0144580Y14"/>
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        <balance>92539.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Advantest Corp.</name>
        <lei>353800EMK32PDKS9XR54</lei>
        <title>ADVANTEST CORP</title>
        <cusip>J00210104</cusip>
        <identifiers>
          <isin value="JP3122400009"/>
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        <balance>34649.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Covestro AG</name>
        <lei>3912005AWHKLQ1CPLV11</lei>
        <title>COVESTRO-TEND</title>
        <cusip>D15349117</cusip>
        <identifiers>
          <isin value="DE000A40KY26"/>
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        <balance>23269.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tourmaline Oil Corp.</name>
        <lei>894500QKSAGWVM0ZG560</lei>
        <title>TOURMALINE OIL C</title>
        <cusip>89156V106</cusip>
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          <isin value="CA89156V1067"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aena SME S.A.</name>
        <lei>959800R7QMXKF0NFMT29</lei>
        <title>AENA SME SA</title>
        <cusip>E526K0106</cusip>
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          <isin value="ES0105046009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCB X PCL</name>
        <lei>254900TG41KIWX7VDO42</lei>
        <title>SCB X PCL</title>
        <cusip>Y753YV119</cusip>
        <identifiers>
          <isin value="THA790010005"/>
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        <balance>440229.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Poste Italiane S.p.A.</name>
        <lei>815600354DEDBD0BA991</lei>
        <title>POSTE ITALIANE</title>
        <cusip>T7S697106</cusip>
        <identifiers>
          <isin value="IT0003796171"/>
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        <balance>84125.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EVA Airways Corp.</name>
        <lei>254900S1P4XOXV67GC07</lei>
        <title>EVA AIRWAYS</title>
        <cusip>Y2361Y107</cusip>
        <identifiers>
          <isin value="TW0002618006"/>
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        <balance>1228771.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.92800000"/>
        <valUSD>1677201.80000000</valUSD>
        <pctVal>0.509447245185</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>Snam S.p.A.</name>
        <lei>8156002278562044AF79</lei>
        <title>SNAM SPA</title>
        <cusip>T8578N103</cusip>
        <identifiers>
          <isin value="IT0003153415"/>
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        <balance>288255.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1723377.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Afry AB</name>
        <lei>549300Q87LKPPD4X9R30</lei>
        <title>AFRY AB</title>
        <cusip>W05244111</cusip>
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          <isin value="SE0005999836"/>
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        <balance>80869.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Beiersdorf AG</name>
        <lei>L47NHHI0Z9X22DV46U41</lei>
        <title>BEIERSDORF AG</title>
        <cusip>D08792109</cusip>
        <identifiers>
          <isin value="DE0005200000"/>
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        <balance>11648.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Siam Cement Public Co Ltd.</name>
        <lei>529900SEH9QK8ZZDCQ89</lei>
        <title>SIAM CEMENT-NVDR</title>
        <cusip>Y7866P121</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sika AG</name>
        <lei>549300R3N69ECGYPU434</lei>
        <title>SIKA AG-REG</title>
        <cusip>H7631K273</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DSV AS</name>
        <lei>529900X41C0BSLK67H70</lei>
        <title>DSV A/S</title>
        <cusip>K31864117</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Check Point Software Technologies Ltd.</name>
        <lei>2549003ZVBH73EPNS513</lei>
        <title>CHECK POINT SOFT</title>
        <cusip>M22465104</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank Rakyat Indonesia (Persero) Tbk</name>
        <lei>254900HB6S4B12GBNP64</lei>
        <title>BANK RAKYAT INDO</title>
        <cusip>Y0697U112</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank Mandiri (Persero) Tbk PT</name>
        <lei>549300RSKQN4Z5ZSGH94</lei>
        <title>BANK MANDIRI</title>
        <cusip>Y7123S108</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vonovia SE</name>
        <lei>5299005A2ZEP6AP7KM81</lei>
        <title>VONOVIA SE</title>
        <cusip>D9581T100</cusip>
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          <isin value="DE000A1ML7J1"/>
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        <balance>55376.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth Bank of Australia</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONW BK AUSTR</title>
        <cusip>Q26915100</cusip>
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        <balance>15853.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TotalEnergies SE</name>
        <lei>529900S21EQ1BO4ESM68</lei>
        <title>TOTALENERGIES SE</title>
        <cusip>F92124100</cusip>
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        <valUSD>1358831.61000000</valUSD>
        <pctVal>0.412742831772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiss Life Holding AG</name>
        <lei>5493000KUC3Z24U77V93</lei>
        <title>SWISS LIFE H AG</title>
        <cusip>H8404J162</cusip>
        <identifiers>
          <isin value="CH0014852781"/>
        </identifiers>
        <balance>1693.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1690263.15000000</valUSD>
        <pctVal>0.513414608430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Chandra Asri Pacific Tbk</name>
        <lei>254900146Z996100HK31</lei>
        <title>CHANDRA ASRI PAC</title>
        <cusip>Y1292Y103</cusip>
        <identifiers>
          <isin value="ID1000090301"/>
        </identifiers>
        <balance>3431520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16300.00000000"/>
        <valUSD>1963124.17000000</valUSD>
        <pctVal>0.596295687473</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>E.ON SE</name>
        <lei>Q9MAIUP40P25UFBFG033</lei>
        <title>E.ON SE</title>
        <cusip>D24914133</cusip>
        <identifiers>
          <isin value="DE000ENAG999"/>
        </identifiers>
        <balance>101715.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1781860.18000000</valUSD>
        <pctVal>0.541237053291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Natural Resources Limited</name>
        <lei>549300T15RIMIKZC5Q38</lei>
        <title>CAN NATURAL RES</title>
        <cusip>136385101</cusip>
        <identifiers>
          <isin value="CA1363851017"/>
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        <balance>48524.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1473188.26000000</valUSD>
        <pctVal>0.447478473190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ryanair Holdings PLC</name>
        <lei>635400BR2ROC1FVEBQ56</lei>
        <title>RYANAIR HLDG-ADR</title>
        <cusip>783513203</cusip>
        <identifiers>
          <isin value="US7835132033"/>
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        <balance>35287.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1961957.20000000</valUSD>
        <pctVal>0.595941222285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDP Renovaveis SA</name>
        <lei>529900MUFAH07Q1TAX06</lei>
        <title>EDP RENOVAVEIS S</title>
        <cusip>E3847K101</cusip>
        <identifiers>
          <isin value="ES0127797019"/>
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        <balance>181263.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1819215.40000000</valUSD>
        <pctVal>0.552583638968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEB SA</name>
        <lei>969500WP61NBK098AC47</lei>
        <title>SEB SA</title>
        <cusip>F82059100</cusip>
        <identifiers>
          <isin value="FR0000121709"/>
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        <balance>15915.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1579213.22000000</valUSD>
        <pctVal>0.479683377688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Holcim AG</name>
        <lei>529900EHPFPYHV6IQO98</lei>
        <title>HOLCIM LTD</title>
        <cusip>H3816Q102</cusip>
        <identifiers>
          <isin value="CH0012214059"/>
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        <balance>14285.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1580373.51000000</valUSD>
        <pctVal>0.480035813838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intertek Group PLC</name>
        <lei>2138003GAT25WW1RN369</lei>
        <title>INTERTEK GROUP</title>
        <cusip>G4911B108</cusip>
        <identifiers>
          <isin value="GB0031638363"/>
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        <balance>23122.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1490998.28000000</valUSD>
        <pctVal>0.452888237016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Legal &amp; General Group PLC</name>
        <lei>213800JH9QQWHLO99821</lei>
        <title>LEGAL &amp; GEN GRP</title>
        <cusip>G54404127</cusip>
        <identifiers>
          <isin value="GB0005603997"/>
        </identifiers>
        <balance>507682.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1701165.63000000</valUSD>
        <pctVal>0.516726218519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Constellation Software Inc.</name>
        <lei>549300B6PYHMCTDWQV29</lei>
        <title>CONSTELLATION SO</title>
        <cusip>21037X100</cusip>
        <identifiers>
          <isin value="CA21037X1006"/>
        </identifiers>
        <balance>472.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1711116.49000000</valUSD>
        <pctVal>0.519748775622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tomra Systems ASA</name>
        <lei>549300J726JCFJU3VT89</lei>
        <title>TOMRA SYSTEMS AS</title>
        <cusip>R91733155</cusip>
        <identifiers>
          <isin value="NO0012470089"/>
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        <balance>106474.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.20640000"/>
        <valUSD>1589849.27000000</valUSD>
        <pctVal>0.482914060109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bureau Veritas SA</name>
        <lei>969500TPU5T3HA5D1F11</lei>
        <title>BUREAU VERITAS S</title>
        <cusip>F96888114</cusip>
        <identifiers>
          <isin value="FR0006174348"/>
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        <balance>49470.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1689438.69000000</valUSD>
        <pctVal>0.513164180082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CK Asset Holdings Ltd.</name>
        <lei>5299006GJZSGP78B8S35</lei>
        <title>CK ASSET HOLDING</title>
        <cusip>G2177B101</cusip>
        <identifiers>
          <isin value="KYG2177B1014"/>
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        <balance>385894.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1599469.84000000</valUSD>
        <pctVal>0.485836292177</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>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>ENI SPA</title>
        <cusip>T3643A145</cusip>
        <identifiers>
          <isin value="IT0003132476"/>
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        <balance>98024.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1443650.47000000</valUSD>
        <pctVal>0.438506418817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Equinor ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>EQUINOR ASA</title>
        <cusip>R2R90P103</cusip>
        <identifiers>
          <isin value="NO0010096985"/>
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        <balance>57093.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.20640000"/>
        <valUSD>1339725.42000000</valUSD>
        <pctVal>0.406939358474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Toyota Industries Corp.</name>
        <lei>35380000WKGEAHEMW830</lei>
        <title>TOYOTA INDUSTRIE</title>
        <cusip>J92628106</cusip>
        <identifiers>
          <isin value="JP3634600005"/>
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        <balance>17651.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>2222338.67000000</valUSD>
        <pctVal>0.675031658862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Partners Group Holding AG</name>
        <lei>549300I3IVVWZWDHI788</lei>
        <title>PARTNERS GROUP J</title>
        <cusip>H6120A101</cusip>
        <identifiers>
          <isin value="CH0024608827"/>
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        <balance>1087.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1455974.62000000</valUSD>
        <pctVal>0.442249858793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STMicroelectronics N.V.</name>
        <lei>213800Z8NOHIKRI42W10</lei>
        <title>STMICROELECTRONI</title>
        <cusip>N83574108</cusip>
        <identifiers>
          <isin value="NL0000226223"/>
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        <balance>69109.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1734394.24000000</valUSD>
        <pctVal>0.526819353302</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Delta Electronics Thailand Public Co Ltd</name>
        <lei>529900JKLVG9Y2SVWL93</lei>
        <title>DELTA ELEC-NVDR</title>
        <cusip>Y20266121</cusip>
        <identifiers>
          <isin value="TH0528010R18"/>
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        <balance>772059.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="32.83200000"/>
        <valUSD>2445605.99000000</valUSD>
        <pctVal>0.742848734370</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hera SpA</name>
        <lei>8156009414FD99443B48</lei>
        <title>HERA SPA</title>
        <cusip>T5250M106</cusip>
        <identifiers>
          <isin value="IT0001250932"/>
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        <balance>345545.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1715171.14000000</valUSD>
        <pctVal>0.520980368787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Geberit AG</name>
        <lei>52990093Z5OHD6T7BS47</lei>
        <title>GEBERIT AG-REG</title>
        <cusip>H2942E124</cusip>
        <identifiers>
          <isin value="CH0030170408"/>
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        <balance>2441.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1818741.26000000</valUSD>
        <pctVal>0.552439619735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fanuc Corp.</name>
        <lei>529900QTSW745LOKW705</lei>
        <title>FANUC CORP</title>
        <cusip>J13440102</cusip>
        <identifiers>
          <isin value="JP3802400006"/>
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        <balance>55234.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1484894.33000000</valUSD>
        <pctVal>0.451034172399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huhtamaki Oyj</name>
        <lei>5493007050SJVMXN6L29</lei>
        <title>HUHTAMAKI OYJ</title>
        <cusip>X33752100</cusip>
        <identifiers>
          <isin value="FI0009000459"/>
        </identifiers>
        <balance>42563.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1571467.71000000</valUSD>
        <pctVal>0.477330691964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trane Technologies PLC</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>TRANE TECHNOLOGI</title>
        <cusip>G8994E103</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
        </identifiers>
        <balance>4438.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1909538.26000000</valUSD>
        <pctVal>0.580019056820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMV AG</name>
        <lei>549300V62YJ9HTLRI486</lei>
        <title>OMV AG</title>
        <cusip>A51460110</cusip>
        <identifiers>
          <isin value="AT0000743059"/>
        </identifiers>
        <balance>29099.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1556043.26000000</valUSD>
        <pctVal>0.472645541041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intesa Sanpaolo S.p.A.</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>INTESA SANPAOLO</title>
        <cusip>T55067101</cusip>
        <identifiers>
          <isin value="IT0000072618"/>
        </identifiers>
        <balance>299587.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1670041.06000000</valUSD>
        <pctVal>0.507272182371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dassault Systemes</name>
        <lei>96950065LBWY0APQIM86</lei>
        <title>DASSAULT SYSTEME</title>
        <cusip>F24571451</cusip>
        <identifiers>
          <isin value="FR0014003TT8"/>
        </identifiers>
        <balance>39790.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1490769.75000000</valUSD>
        <pctVal>0.452818821410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Santos Ltd.</name>
        <lei>5299000RK70B5O2M7077</lei>
        <title>Santos Ltd</title>
        <cusip>Q82869118</cusip>
        <identifiers>
          <isin value="AU000000STO6"/>
        </identifiers>
        <balance>359272.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1525910.34000000</valUSD>
        <pctVal>0.463492716924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferrovial SE</name>
        <lei>72450022R2ZFL41Y6I04</lei>
        <title>FERROVIAL SE</title>
        <cusip>N3168P101</cusip>
        <identifiers>
          <isin value="NL0015001FS8"/>
        </identifiers>
        <balance>33760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1718663.03000000</valUSD>
        <pctVal>0.522041024541</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>Hong Kong Exchanges &amp; Clearing Ltd.</name>
        <lei>213800YTVSXYQN17BW16</lei>
        <title>HKEX</title>
        <cusip>Y3506N139</cusip>
        <identifiers>
          <isin value="HK0388045442"/>
        </identifiers>
        <balance>33734.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1702818.26000000</valUSD>
        <pctVal>0.517228202121</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>Cenovus Energy Inc</name>
        <lei>549300F4XPHJ7NOSP309</lei>
        <title>CENOVUS ENERGY</title>
        <cusip>15135U109</cusip>
        <identifiers>
          <isin value="CA15135U1093"/>
        </identifiers>
        <balance>107463.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1415583.66000000</valUSD>
        <pctVal>0.429981172162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ajinomoto Co Inc.</name>
        <lei>353800UT0TLROREPIC92</lei>
        <title>Ajinomoto Co Inc</title>
        <cusip>J00882126</cusip>
        <identifiers>
          <isin value="JP3119600009"/>
        </identifiers>
        <balance>75799.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1902890.54000000</valUSD>
        <pctVal>0.577999822974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evonik Industries AG</name>
        <lei>41GUOJQTALQHLF39XJ34</lei>
        <title>EVONIK INDUSTRIE</title>
        <cusip>D2R90Y117</cusip>
        <identifiers>
          <isin value="DE000EVNK013"/>
        </identifiers>
        <balance>69334.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1500347.46000000</valUSD>
        <pctVal>0.455728034824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHP Group Ltd.</name>
        <lei>WZE1WSENV6JSZFK0JC28</lei>
        <title>BHP GROUP LTD</title>
        <cusip>Q1498M100</cusip>
        <identifiers>
          <isin value="AU000000BHP4"/>
        </identifiers>
        <balance>62637.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1544125.58000000</valUSD>
        <pctVal>0.469025565648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuehne &amp; Nagel International AG</name>
        <lei>529900Q0YED3805QXQ66</lei>
        <title>KUEHNE &amp; NAGEL-R</title>
        <cusip>H4673L145</cusip>
        <identifiers>
          <isin value="CH0025238863"/>
        </identifiers>
        <balance>6693.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1505402.32000000</valUSD>
        <pctVal>0.457263440105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DISCO Corp.</name>
        <lei>N/A</lei>
        <title>DISCO CORP</title>
        <cusip>J12327102</cusip>
        <identifiers>
          <isin value="JP3548600000"/>
        </identifiers>
        <balance>7501.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1713647.37000000</valUSD>
        <pctVal>0.520517526195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALS Ltd.</name>
        <lei>549300RYCQ8DMIO2J661</lei>
        <title>ALS LTD</title>
        <cusip>Q0266A116</cusip>
        <identifiers>
          <isin value="AU000000ALQ6"/>
        </identifiers>
        <balance>155273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1608170.35000000</valUSD>
        <pctVal>0.488479057556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OTP Bank PLC</name>
        <lei>529900W3MOO00A18X956</lei>
        <title>OTP BANK PLC</title>
        <cusip>X60746181</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
        </identifiers>
        <balance>23104.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="355.69000000"/>
        <valUSD>1752497.74000000</valUSD>
        <pctVal>0.532318261187</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>Edenred SA</name>
        <lei>9695006LOD5B2D7Y0N70</lei>
        <title>EDENRED</title>
        <cusip>F3192L109</cusip>
        <identifiers>
          <isin value="FR0010908533"/>
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        <balance>46165.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1441345.94000000</valUSD>
        <pctVal>0.437806421679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hong Kong &amp; China Gas Co Ltd. (Towngas)</name>
        <lei>254900P7BETXGC7YU827</lei>
        <title>HONG KG CHINA GS</title>
        <cusip>Y33370100</cusip>
        <identifiers>
          <isin value="HK0003000038"/>
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        <balance>1738634.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1529966.52000000</valUSD>
        <pctVal>0.464724774824</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>Wilmar International Ltd.</name>
        <lei>549300H2EAI4YRLWBB20</lei>
        <title>WILMAR INTERNATI</title>
        <cusip>Y9586L109</cusip>
        <identifiers>
          <isin value="SG1T56930848"/>
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        <balance>619134.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.28966000"/>
        <valUSD>1464229.87000000</valUSD>
        <pctVal>0.444757377192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashtead Group PLC</name>
        <lei>2138007UTBN8X9K1A235</lei>
        <title>ASHTEAD GROUP</title>
        <cusip>G05320109</cusip>
        <identifiers>
          <isin value="GB0000536739"/>
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        <balance>27912.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1630268.39000000</valUSD>
        <pctVal>0.495191300294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Voestalpine AG</name>
        <lei>529900ZAXBMQDIWPNB72</lei>
        <title>voestalpine AG</title>
        <cusip>A9101Y103</cusip>
        <identifiers>
          <isin value="AT0000937503"/>
        </identifiers>
        <balance>61430.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1616652.36000000</valUSD>
        <pctVal>0.491055453926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1393552.87000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Corp.</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>BROOKFIELD CORP</title>
        <cusip>11271J107</cusip>
        <identifiers>
          <isin value="CA11271J1075"/>
        </identifiers>
        <balance>28561.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1649114.59000000</valUSD>
        <pctVal>0.500915802064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aeon Co Ltd.</name>
        <lei>5299009MXFL34SA71416</lei>
        <title>Aeon Co Ltd</title>
        <cusip>J00288100</cusip>
        <identifiers>
          <isin value="JP3388200002"/>
        </identifiers>
        <balance>59800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1843305.83000000</valUSD>
        <pctVal>0.559901066841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Boerse AG</name>
        <lei>529900G3SW56SHYNPR95</lei>
        <title>DEUTSCHE BOERSE</title>
        <cusip>D1882G119</cusip>
        <identifiers>
          <isin value="DE0005810055"/>
        </identifiers>
        <balance>5133.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1652140.67000000</valUSD>
        <pctVal>0.501834968809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>President Chain Store Corp.</name>
        <lei>N/A</lei>
        <title>PRESIDENT CHAIN</title>
        <cusip>Y7082T105</cusip>
        <identifiers>
          <isin value="TW0002912003"/>
        </identifiers>
        <balance>198513.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.92800000"/>
        <valUSD>1694736.42000000</valUSD>
        <pctVal>0.514773356721</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>Bollore SE</name>
        <lei>969500LEKCHH6VV86P94</lei>
        <title>BOLLORE SE</title>
        <cusip>F10659260</cusip>
        <identifiers>
          <isin value="FR0000039299"/>
        </identifiers>
        <balance>255959.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1627350.59000000</valUSD>
        <pctVal>0.494305023418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Polska Kasa Opieki SA</name>
        <lei>5493000LKS7B3UTF7H35</lei>
        <title>PEKAO</title>
        <cusip>X0R77T117</cusip>
        <identifiers>
          <isin value="PLPEKAO00016"/>
        </identifiers>
        <balance>35748.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.74260000"/>
        <valUSD>1760368.83000000</valUSD>
        <pctVal>0.534709091627</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>Credit Agricole S.A.</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>CREDIT AGRICOLE</title>
        <cusip>F22797108</cusip>
        <identifiers>
          <isin value="FR0000045072"/>
        </identifiers>
        <balance>86539.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1582323.57000000</valUSD>
        <pctVal>0.480628141305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Danske Bank A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>DANSKE BANK A/S</title>
        <cusip>K22272114</cusip>
        <identifiers>
          <isin value="DK0010274414"/>
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        <balance>45247.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.56904000"/>
        <valUSD>1729555.87000000</valUSD>
        <pctVal>0.525349706496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wheaton Precious Metals Corporation</name>
        <lei>549300XSFG5ZCGVYD886</lei>
        <title>WHEATON PRECIOUS</title>
        <cusip>962879102</cusip>
        <identifiers>
          <isin value="CA9628791027"/>
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        <balance>19323.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1674060.26000000</valUSD>
        <pctVal>0.508493007658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KakaoBank Corp.</name>
        <lei>N/A</lei>
        <title>KAKAOBANK CORP</title>
        <cusip>Y451AA104</cusip>
        <identifiers>
          <isin value="KR7323410001"/>
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        <balance>99878.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1380.67000000"/>
        <valUSD>1699995.65000000</valUSD>
        <pctVal>0.516370839048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Renesas Electronics Corp.</name>
        <lei>5299000EPC47VJQOFB81</lei>
        <title>RENESAS ELECTRON</title>
        <cusip>J4881V107</cusip>
        <identifiers>
          <isin value="JP3164720009"/>
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        <balance>112831.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1398242.09000000</valUSD>
        <pctVal>0.424713699241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTN Group Ltd</name>
        <lei>2549009JD6Q6XHZS5E05</lei>
        <title>MTN Group Ltd</title>
        <cusip>S8039R108</cusip>
        <identifiers>
          <isin value="ZAE000042164"/>
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        <balance>228129.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.98310000"/>
        <valUSD>1585717.98000000</valUSD>
        <pctVal>0.481659187673</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>CSL Ltd.</name>
        <lei>529900ECSECK5ZDQTE14</lei>
        <title>CSL LTD</title>
        <cusip>Q3018U109</cusip>
        <identifiers>
          <isin value="AU000000CSL8"/>
        </identifiers>
        <balance>9599.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1528007.87000000</valUSD>
        <pctVal>0.464129838158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Franco Nevada Corp</name>
        <lei>98450064C1B5D3E94864</lei>
        <title>FRANCO-NEVADA CO</title>
        <cusip>351858105</cusip>
        <identifiers>
          <isin value="CA3518581051"/>
        </identifiers>
        <balance>9501.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1600217.24000000</valUSD>
        <pctVal>0.486063313678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Worley Ltd.</name>
        <lei>549300XDR86FY8OLGP97</lei>
        <title>WorleyParsons Ltd</title>
        <cusip>Q9858A103</cusip>
        <identifiers>
          <isin value="AU000000WOR2"/>
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        <balance>165818.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1391434.88000000</valUSD>
        <pctVal>0.422646020574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coloplast AS</name>
        <lei>529900NN7SOJ5QG82X67</lei>
        <title>COLOPLAST-B</title>
        <cusip>K16018192</cusip>
        <identifiers>
          <isin value="DK0060448595"/>
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        <balance>14357.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.56904000"/>
        <valUSD>1389138.93000000</valUSD>
        <pctVal>0.421948629597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alimentation Couche-Tard Inc.</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>ALIMEN COUCHE</title>
        <cusip>01626P148</cusip>
        <identifiers>
          <isin value="CA01626P1484"/>
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        <balance>30300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1570708.84000000</valUSD>
        <pctVal>0.477100186469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Mobile Co</name>
        <lei>N/A</lei>
        <title>TAIWAN MOBILE</title>
        <cusip>Y84153215</cusip>
        <identifiers>
          <isin value="TW0003045001"/>
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        <balance>427697.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.92800000"/>
        <valUSD>1629158.58000000</valUSD>
        <pctVal>0.494854197360</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>Wisetech Global Ltd.</name>
        <lei>254900VE3AF301Q85K83</lei>
        <title>WISETECH GLOBAL</title>
        <cusip>Q98056106</cusip>
        <identifiers>
          <isin value="AU000000WTC3"/>
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        <balance>29456.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>2034164.99000000</valUSD>
        <pctVal>0.617874217883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chugai Pharmaceutical Co Ltd.</name>
        <lei>529900T9LAII161DCN95</lei>
        <title>CHUGAI PHARMA CO</title>
        <cusip>J06930101</cusip>
        <identifiers>
          <isin value="JP3519400000"/>
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        <balance>32983.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1738336.30000000</valUSD>
        <pctVal>0.528016747442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akzo Nobel N.V.</name>
        <lei>724500XYIJUGXAA5QD70</lei>
        <title>AKZO NOBEL</title>
        <cusip>N01803308</cusip>
        <identifiers>
          <isin value="NL0013267909"/>
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        <balance>24969.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1699751.63000000</valUSD>
        <pctVal>0.516296718381</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>Dai-ichi Life Holdings Inc.</name>
        <lei>549300ZUFXI7JXZVTZ25</lei>
        <title>DAI-ICHI LIFE HO</title>
        <cusip>J09748112</cusip>
        <identifiers>
          <isin value="JP3476480003"/>
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        <balance>197927.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1552419.88000000</valUSD>
        <pctVal>0.471544945418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Straumann Holding AG</name>
        <lei>50670046ML5FVIM60Z37</lei>
        <title>STRAUMANN HLDG-R</title>
        <cusip>H8300N127</cusip>
        <identifiers>
          <isin value="CH1175448666"/>
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        <balance>12561.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1611480.74000000</valUSD>
        <pctVal>0.489484582989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Symrise AG</name>
        <lei>529900D82I6R9601CF26</lei>
        <title>Symrise AG</title>
        <cusip>D827A1108</cusip>
        <identifiers>
          <isin value="DE000SYM9999"/>
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        <balance>14565.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1737117.68000000</valUSD>
        <pctVal>0.527646593653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Croda International PLC</name>
        <lei>2138004WCNBFJEEOXV26</lei>
        <title>CRODA INTL.</title>
        <cusip>G25536155</cusip>
        <identifiers>
          <isin value="GB00BJFFLV09"/>
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        <balance>40558.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1676528.48000000</valUSD>
        <pctVal>0.509242725360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke KPN N.V.</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>KPN (KONIN) NV</title>
        <cusip>N4297B146</cusip>
        <identifiers>
          <isin value="NL0000009082"/>
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        <balance>360569.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1693953.81000000</valUSD>
        <pctVal>0.514535640240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</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>Sandvik AB</name>
        <lei>5299008ZUAXN43LVZF54</lei>
        <title>SANDVIK AB</title>
        <cusip>W74857165</cusip>
        <identifiers>
          <isin value="SE0000667891"/>
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        <balance>72962.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fresenius SE &amp; Co. KGaA</name>
        <lei>XDFJ0CYCOO1FXRFTQS51</lei>
        <title>FRESENIUS SE &amp; C</title>
        <cusip>D27348263</cusip>
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          <isin value="DE0005785604"/>
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        <balance>35717.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Enel S.p.A.</name>
        <lei>WOCMU6HCI0OJWNPRZS33</lei>
        <title>ENEL SPA</title>
        <cusip>T3679P115</cusip>
        <identifiers>
          <isin value="IT0003128367"/>
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        <balance>184365.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1692314.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kone Oyj</name>
        <lei>2138001CNF45JP5XZK38</lei>
        <title>KONE OYJ-B</title>
        <cusip>X4551T105</cusip>
        <identifiers>
          <isin value="FI0009013403"/>
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        <balance>27187.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</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>United Overseas Bank Ltd.</name>
        <lei>IO66REGK3RCBAMA8HR66</lei>
        <title>UNITED OVERSEAS</title>
        <cusip>Y9T10P105</cusip>
        <identifiers>
          <isin value="SG1M31001969"/>
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        <balance>54503.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.28966000"/>
        <valUSD>1496480.65000000</valUSD>
        <pctVal>0.454553497745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RWE AG</name>
        <lei>529900GB7KCA94ACC940</lei>
        <title>RWE AG</title>
        <cusip>D6629K109</cusip>
        <identifiers>
          <isin value="DE0007037129"/>
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        <balance>42874.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Genmab As</name>
        <lei>529900MTJPDPE4MHJ122</lei>
        <title>GENMAB A/S</title>
        <cusip>K3967W102</cusip>
        <identifiers>
          <isin value="DK0010272202"/>
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        <balance>7697.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.56904000"/>
        <valUSD>1616371.87000000</valUSD>
        <pctVal>0.490970255557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AIA Group Ltd, Hong Kong</name>
        <lei>ZP5ILWVSYE4LJGMMVD57</lei>
        <title>AIA</title>
        <cusip>Y002A1105</cusip>
        <identifiers>
          <isin value="HK0000069689"/>
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        <balance>202558.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BBH SWEEP VEHICLE</name>
        <lei>N/A</lei>
        <title>BBH SWEEP VEHICLE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="BBHETFMM"/>
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        <balance>2322378.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2322378.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Money Market Sweep Account " issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jeronimo Martins - S.G.P.S., S.A.</name>
        <lei>259400A8SZP10GB5IB19</lei>
        <title>JERONIMO MARTINS</title>
        <cusip>X40338109</cusip>
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          <isin value="PTJMT0AE0001"/>
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        <balance>71948.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1810135.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Naspers Limited</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>NASPERS LTD-N</title>
        <cusip>S53435111</cusip>
        <identifiers>
          <isin value="ZAE000325783"/>
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        <balance>6065.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="17.98310000"/>
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        <pctVal>0.528996648666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Naturgy Energy Group S.A.</name>
        <lei>TL2N6M87CW970S5SV098</lei>
        <title>NATURGY ENERGY</title>
        <cusip>E7S90S109</cusip>
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          <isin value="ES0116870314"/>
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        <balance>54794.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goodman Group</name>
        <lei>N/A</lei>
        <title>GOODMAN GROUP</title>
        <cusip>Q4229W132</cusip>
        <identifiers>
          <isin value="AU000000GMG2"/>
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        <balance>84163.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Solvay NV/SA</name>
        <lei>549300MMVL80RTBP3O28</lei>
        <title>SOLVAY SA-A</title>
        <cusip>B82095116</cusip>
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          <isin value="BE0003470755"/>
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        <balance>43626.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Prada S.p.A.</name>
        <lei>8156000FE0A2DC5B7852</lei>
        <title>PRADA</title>
        <cusip>T7733C101</cusip>
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          <isin value="IT0003874101"/>
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        <balance>219672.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grupo Financiero Banorte S.A.B. de C.V.</name>
        <lei>N/A</lei>
        <title>GRUPO F BANORT-O</title>
        <cusip>P49501201</cusip>
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          <isin value="MXP370711014"/>
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        <balance>227380.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NXP Semiconductors NV</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP SEMICONDUCTO</title>
        <cusip>N6596X109</cusip>
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          <isin value="NL0009538784"/>
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        <balance>7866.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1503428.58000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Financial Holding Co Ltd.</name>
        <lei>529900BC1U046Q2GUZ64</lei>
        <title>FIRST FINANCIAL</title>
        <cusip>Y2518F100</cusip>
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          <isin value="TW0002892007"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Valterra Platinum Ltd.</name>
        <lei>529900RORCZ0E5S5FX81</lei>
        <title>VALTERRA PLATINU</title>
        <cusip>S9122P108</cusip>
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          <isin value="ZAE000013181"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Powszechna Kasa Oszczednosci Bank Polski SA</name>
        <lei>P4GTT6GF1W40CVIMFR43</lei>
        <title>PKOBP</title>
        <cusip>X6919X108</cusip>
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          <isin value="PLPKO0000016"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UPM-Kymmene Corporation</name>
        <lei>213800EC6PW5VU4J9U64</lei>
        <title>UPM-KYMMENE OYJ</title>
        <cusip>X9518S108</cusip>
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          <isin value="FI0009005987"/>
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        <balance>55959.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eneos Holdings Inc</name>
        <lei>3538001KQ5SAOZSQTT44</lei>
        <title>ENEOS HOLDINGS I</title>
        <cusip>J29699105</cusip>
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          <isin value="JP3386450005"/>
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        <balance>286656.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SM Investments Corp.</name>
        <lei>254900YB8UATFP21AF80</lei>
        <title>SM INVESTMENTS</title>
        <cusip>Y80676102</cusip>
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          <isin value="PHY806761029"/>
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        <balance>109919.00000000</balance>
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        <currencyConditional curCd="PHP" exchangeRt="55.80000000"/>
        <valUSD>1644845.25000000</valUSD>
        <pctVal>0.499618997170</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Woodside Energy Group Ltd.</name>
        <lei>2549005ZC5RXAOO7FH41</lei>
        <title>WOODSIDE ENERGY</title>
        <cusip>Q98327333</cusip>
        <identifiers>
          <isin value="AU0000224040"/>
        </identifiers>
        <balance>103493.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1484093.36000000</valUSD>
        <pctVal>0.450790879099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEA Group AG</name>
        <lei>549300PHUU0ZZWO8EO07</lei>
        <title>GEA GROUP AG</title>
        <cusip>D28304109</cusip>
        <identifiers>
          <isin value="DE0006602006"/>
        </identifiers>
        <balance>25097.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1678262.15000000</valUSD>
        <pctVal>0.509769324726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Continental AG</name>
        <lei>529900A7YD9C0LLXM621</lei>
        <title>CONTINENTAL AG</title>
        <cusip>D16212140</cusip>
        <identifiers>
          <isin value="DE0005439004"/>
        </identifiers>
        <balance>21988.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1929691.64000000</valUSD>
        <pctVal>0.586140612331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITOCHU Corp.</name>
        <lei>J48DJYXDTLHM30UMYI18</lei>
        <title>ITOCHU CORP</title>
        <cusip>J2501P104</cusip>
        <identifiers>
          <isin value="JP3143600009"/>
        </identifiers>
        <balance>32495.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1748075.12000000</valUSD>
        <pctVal>0.530974897750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inpex Corp.</name>
        <lei>353800VHYYADPR6MXQ47</lei>
        <title>INPEX CORP</title>
        <cusip>J2467E101</cusip>
        <identifiers>
          <isin value="JP3294460005"/>
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        <balance>108992.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1478310.86000000</valUSD>
        <pctVal>0.449034454383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REA Group Ltd.</name>
        <lei>894500KA4UBDATOFPN36</lei>
        <title>REA GROUP LTD</title>
        <cusip>Q8051B108</cusip>
        <identifiers>
          <isin value="AU000000REA9"/>
        </identifiers>
        <balance>10898.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1683655.31000000</valUSD>
        <pctVal>0.511407488068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Australia Bank Ltd.</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>NATL AUST BANK</title>
        <cusip>Q65336119</cusip>
        <identifiers>
          <isin value="AU000000NAB4"/>
        </identifiers>
        <balance>71498.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.55160000"/>
        <valUSD>1751046.66000000</valUSD>
        <pctVal>0.531877498061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delek Group Ltd.</name>
        <lei>213800CYKA4XE2HZZB09</lei>
        <title>DELEK GROUP LTD</title>
        <cusip>M27635107</cusip>
        <identifiers>
          <isin value="IL0010841281"/>
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        <balance>9861.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.51380000"/>
        <valUSD>1739103.45000000</valUSD>
        <pctVal>0.528249767973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOL Hungarian Oil &amp; Gas PLC</name>
        <lei>213800R83KX5FQFGXS67</lei>
        <title>MOL</title>
        <cusip>X5S32S129</cusip>
        <identifiers>
          <isin value="HU0000153937"/>
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        <balance>190059.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="355.69000000"/>
        <valUSD>1643626.43000000</valUSD>
        <pctVal>0.499248782631</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>Weg SA</name>
        <lei>254900NKQV127YFRO022</lei>
        <title>WEG SA</title>
        <cusip>P9832B129</cusip>
        <identifiers>
          <isin value="BRWEGEACNOR0"/>
        </identifiers>
        <balance>188578.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.72090000"/>
        <valUSD>1399279.15000000</valUSD>
        <pctVal>0.425028704484</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>Sampo PLC</name>
        <lei>743700UF3RL386WIDA22</lei>
        <title>SAMPO OYJ-A SHS</title>
        <cusip>X75653232</cusip>
        <identifiers>
          <isin value="FI4000552500"/>
        </identifiers>
        <balance>160105.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1707932.08000000</valUSD>
        <pctVal>0.518781516404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singapore Telecommunications Ltd.</name>
        <lei>2549003XJKIQO8YDYD89</lei>
        <title>SINGAPORE TELECO</title>
        <cusip>Y79985209</cusip>
        <identifiers>
          <isin value="SG1T75931496"/>
        </identifiers>
        <balance>585436.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.28966000"/>
        <valUSD>1729534.26000000</valUSD>
        <pctVal>0.525343142495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geely Automobile Holdings Ltd</name>
        <lei>549300YS3T1KVQ2SNI84</lei>
        <title>GEELY AUTOMOBILE</title>
        <cusip>G3777B103</cusip>
        <identifiers>
          <isin value="KYG3777B1032"/>
        </identifiers>
        <balance>699006.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1570765.94000000</valUSD>
        <pctVal>0.477117530498</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>UTD Tractors</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>UNITED TRACTORS</title>
        <cusip>Y7146Y140</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
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        <balance>1049129.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16300.00000000"/>
        <valUSD>1444966.02000000</valUSD>
        <pctVal>0.438906014932</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>East Japan Railway Co.</name>
        <lei>353800SENYJ2DSM6PS44</lei>
        <title>EAST JAPAN RAIL</title>
        <cusip>J1257M109</cusip>
        <identifiers>
          <isin value="JP3783600004"/>
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        <balance>75966.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1599795.52000000</valUSD>
        <pctVal>0.485935216933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>3i Group PLC</name>
        <lei>35GDVHRBMFE7NWATNM84</lei>
        <title>3I GROUP PLC</title>
        <cusip>G88473148</cusip>
        <identifiers>
          <isin value="GB00B1YW4409"/>
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        <balance>32004.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1755864.83000000</valUSD>
        <pctVal>0.533341009150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Power Corporation of Canada</name>
        <lei>549300BE2CB8T87IJV50</lei>
        <title>POWER CORP CDA</title>
        <cusip>739239101</cusip>
        <identifiers>
          <isin value="CA7392391016"/>
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        <balance>42264.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1635403.99000000</valUSD>
        <pctVal>0.496751230216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Intact Financial Corp.</name>
        <lei>5493009LXGE7Y4U9OY43</lei>
        <title>INTACT FINANCIAL</title>
        <cusip>45823T106</cusip>
        <identifiers>
          <isin value="CA45823T1066"/>
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        <balance>7312.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1658682.29000000</valUSD>
        <pctVal>0.503821974957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EMS-Chemie Holding AG</name>
        <lei>529900G1XFTGSE0DIX60</lei>
        <title>EMS-CHEMIE HLDG</title>
        <cusip>H22206199</cusip>
        <identifiers>
          <isin value="CH0016440353"/>
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        <balance>2204.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1674303.84000000</valUSD>
        <pctVal>0.508566994676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Infineon Technologies AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
        <title>INFINEON TECH</title>
        <cusip>D35415104</cusip>
        <identifiers>
          <isin value="DE0006231004"/>
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        <balance>45474.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1769551.94000000</valUSD>
        <pctVal>0.537498445950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Denso Corp.</name>
        <lei>549300RYPA10CQM3QK38</lei>
        <title>Denso Corp</title>
        <cusip>J12075107</cusip>
        <identifiers>
          <isin value="JP3551500006"/>
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        <balance>121611.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1657920.73000000</valUSD>
        <pctVal>0.503590652379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Premier Foods PLC</name>
        <lei>213800ZD5I8XHNMCJA67</lei>
        <title>PREMIER FOODS</title>
        <cusip>G7S17N124</cusip>
        <identifiers>
          <isin value="GB00B7N0K053"/>
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        <balance>628940.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1762591.22000000</valUSD>
        <pctVal>0.535384138877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Andritz AG</name>
        <lei>549300VZKC61IR5U8G96</lei>
        <title>ANDRITZ AG</title>
        <cusip>A11123105</cusip>
        <identifiers>
          <isin value="AT0000730007"/>
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        <balance>26735.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1846985.41000000</valUSD>
        <pctVal>0.561018733119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1502273.51000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Wolters Kluwer NV</name>
        <lei>724500TEM53I0U077B74</lei>
        <title>WOLTERS KLUWER</title>
        <cusip>N9643A197</cusip>
        <identifiers>
          <isin value="NL0000395903"/>
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        <balance>9706.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1722352.18000000</valUSD>
        <pctVal>0.523161597692</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>Verbund AG</name>
        <lei>5299006UDSEJCTTEJS30</lei>
        <title>VERBUND AG</title>
        <cusip>A91460104</cusip>
        <identifiers>
          <isin value="AT0000746409"/>
        </identifiers>
        <balance>21776.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1699704.81000000</valUSD>
        <pctVal>0.516282496884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1384112.07000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hang Seng Bank Ltd.</name>
        <lei>5493009Z5F07LWZYMK62</lei>
        <title>HANG SENG BANK</title>
        <cusip>Y30327103</cusip>
        <identifiers>
          <isin value="HK0011000095"/>
        </identifiers>
        <balance>111647.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1563414.25000000</valUSD>
        <pctVal>0.474884466941</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>Krones AG</name>
        <lei>529900NY2GSZWWUBW049</lei>
        <title>Krones AG</title>
        <cusip>D47441171</cusip>
        <identifiers>
          <isin value="DE0006335003"/>
        </identifiers>
        <balance>11173.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1758149.18000000</valUSD>
        <pctVal>0.534034876647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fortum Oyj</name>
        <lei>635400IUIZZIUJSAMF76</lei>
        <title>Fortum OYJ</title>
        <cusip>X2978Z118</cusip>
        <identifiers>
          <isin value="FI0009007132"/>
        </identifiers>
        <balance>97333.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1679679.38000000</valUSD>
        <pctVal>0.510199805971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swire Properties Ltd.</name>
        <lei>5299001L12PHYVQ92465</lei>
        <title>SWIREPROPERTIES</title>
        <cusip>Y83191109</cusip>
        <identifiers>
          <isin value="HK0000063609"/>
        </identifiers>
        <balance>713587.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1565308.87000000</valUSD>
        <pctVal>0.475459954601</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>SMC Corp.</name>
        <lei>353800O40V08DOZ70X62</lei>
        <title>SMC CORP</title>
        <cusip>J75734103</cusip>
        <identifiers>
          <isin value="JP3162600005"/>
        </identifiers>
        <balance>4226.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.87900000"/>
        <valUSD>1590488.54000000</valUSD>
        <pctVal>0.483108237304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tate &amp; Lyle PLC</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>TATE &amp; LYLE</title>
        <cusip>G86838151</cusip>
        <identifiers>
          <isin value="GB00BP92CJ43"/>
        </identifiers>
        <balance>223623.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1666175.14000000</valUSD>
        <pctVal>0.506097915629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLP Holdings Ltd.</name>
        <lei>25490002BUTSMP94GO68</lei>
        <title>CLP HOLDINGS</title>
        <cusip>Y1660Q104</cusip>
        <identifiers>
          <isin value="HK0002007356"/>
        </identifiers>
        <balance>183462.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84107000"/>
        <valUSD>1557108.42000000</valUSD>
        <pctVal>0.472969081612</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>Endesa SA - Empresa Nacional Electricidad</name>
        <lei>549300LHK07F2CHV4X31</lei>
        <title>ENDESA</title>
        <cusip>E41222113</cusip>
        <identifiers>
          <isin value="ES0130670112"/>
        </identifiers>
        <balance>56416.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1721687.19000000</valUSD>
        <pctVal>0.522959608090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Schneider Electric SE</name>
        <lei>969500A1YF1XUYYXS284</lei>
        <title>SCHNEIDER ELECTR</title>
        <cusip>F86921107</cusip>
        <identifiers>
          <isin value="FR0000121972"/>
        </identifiers>
        <balance>6646.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1670177.23000000</valUSD>
        <pctVal>0.507313543781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aker BP ASA</name>
        <lei>549300NFTY73920OYK69</lei>
        <title>AKER BP ASA</title>
        <cusip>R0139K100</cusip>
        <identifiers>
          <isin value="NO0010345853"/>
        </identifiers>
        <balance>64359.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.20640000"/>
        <valUSD>1481851.09000000</valUSD>
        <pctVal>0.450109793332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nutrien Ltd</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>NUTRIEN LTD</title>
        <cusip>67077M108</cusip>
        <identifiers>
          <isin value="CA67077M1086"/>
        </identifiers>
        <balance>30098.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37253000"/>
        <valUSD>1777990.89000000</valUSD>
        <pctVal>0.540061762916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clariant AG</name>
        <lei>529900VSEKBY7TMPP349</lei>
        <title>Clariant AG</title>
        <cusip>H14843165</cusip>
        <identifiers>
          <isin value="CH0012142631"/>
        </identifiers>
        <balance>138817.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1564945.58000000</valUSD>
        <pctVal>0.475349605871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EssilorLuxottica SA</name>
        <lei>549300M3VH1A3ER1TB49</lei>
        <title>ESSILORLUXOTTICA</title>
        <cusip>F31665106</cusip>
        <identifiers>
          <isin value="FR0000121667"/>
        </identifiers>
        <balance>5270.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1464088.33000000</valUSD>
        <pctVal>0.444714384653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vector Limited</name>
        <lei>N/A</lei>
        <title>VECTOR LTD</title>
        <cusip>Q9389B109</cusip>
        <identifiers>
          <isin value="NZVCTE0001S7"/>
        </identifiers>
        <balance>671603.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.67430000"/>
        <valUSD>1660656.05000000</valUSD>
        <pctVal>0.504421501260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>London Stock Exchange Group PLC</name>
        <lei>213800QAUUUP6I445N30</lei>
        <title>LONDON STOCK EX</title>
        <cusip>G5689U103</cusip>
        <identifiers>
          <isin value="GB00B0SWJX34"/>
        </identifiers>
        <balance>10178.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74220000"/>
        <valUSD>1546172.86000000</valUSD>
        <pctVal>0.469647423528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SGS SA</name>
        <lei>2138007JNS19JHNA2336</lei>
        <title>SGS SA-REG</title>
        <cusip>H63838116</cusip>
        <identifiers>
          <isin value="CH1256740924"/>
        </identifiers>
        <balance>15397.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.82273000"/>
        <valUSD>1605331.83000000</valUSD>
        <pctVal>0.487616861848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hellenic Telecommunications Organization S.A.</name>
        <lei>ELPUFM0XZRZO4LFXW404</lei>
        <title>HELLENIC TELECOM</title>
        <cusip>X3258B102</cusip>
        <identifiers>
          <isin value="GRS260333000"/>
        </identifiers>
        <balance>92145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88080000"/>
        <valUSD>1777410.93000000</valUSD>
        <pctVal>0.539885601035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orlen SA</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>ORLEN SA</title>
        <cusip>X6922W204</cusip>
        <identifiers>
          <isin value="PLPKN0000018"/>
        </identifiers>
        <balance>85070.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.74260000"/>
        <valUSD>1671577.99000000</valUSD>
        <pctVal>0.507739022291</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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-06-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Northern Lights Fund Trust IV</ncom:nameOfApplicant>
      <ncom:signature>Sam Singh</ncom:signature>
      <ncom:signerName>Sam Singh</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
