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        <name>Pernod Ricard SA</name>
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      <invstOrSec>
        <name>Naturgy Energy Group SA</name>
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      <invstOrSec>
        <name>FDJ United SA</name>
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      <invstOrSec>
        <name>Rheinmetall AG</name>
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          <isin value="DE0007030009"/>
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      <invstOrSec>
        <name>Acciona SA</name>
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        <cusip>000000000</cusip>
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          <isin value="ES0125220311"/>
          <ticker value="ANA"/>
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      <invstOrSec>
        <name>BioMerieux SA</name>
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        <title>BioMerieux SA NPV</title>
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          <isin value="FR0013280286"/>
          <ticker value="BIM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Bechtle AG</name>
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          <isin value="DE0005158703"/>
          <ticker value="BC8"/>
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      <invstOrSec>
        <name>LEG Immobilien SE</name>
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          <isin value="DE000LEG1110"/>
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      <invstOrSec>
        <name>INPOST SA</name>
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          <isin value="LU2290522684"/>
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        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>

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      <invstOrSec>
        <name>Fresenius SE &amp; Co. KGaA</name>
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      <invstOrSec>
        <name>Fortum Oyj</name>
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        <name>Randstad N.V</name>
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        <title>Randstad N.V EUR0.10</title>
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      <invstOrSec>
        <name>Syensqo SA</name>
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          <isin value="BE0974464977"/>
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        <assetCat>EC</assetCat>
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        <name>Prysmian S.p.A.</name>
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      <invstOrSec>
        <name>UPM-Kymmene Corporation</name>
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          <isin value="FI0009005987"/>
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        <name>Commerzbank AG</name>
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        <name>Siemens Energy AG</name>
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      <invstOrSec>
        <name>Banco Comercial Portugues, S.A.</name>
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      <invstOrSec>
        <name>Ferrovial SE</name>
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        <invCountry>NL</invCountry>

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      <invstOrSec>
        <name>Heineken Holding N.V.</name>
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        <title>Heineken Holding N.V. EUR1.60</title>
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      <invstOrSec>
        <name>Kingspan Group PLC</name>
        <lei>635400HM7V74SUB9OG75</lei>
        <title>Kingspan Group PLC ORD EUR0.13</title>
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        <invCountry>IE</invCountry>
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      <invstOrSec>
        <name>AEGON LTD</name>
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          <isin value="AT0000743059"/>
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      <invstOrSec>
        <name>Nordea Bank ABP</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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      <invstOrSec>
        <name>Ageas SA/NV</name>
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        <title>Ageas SA/NV NPV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0974264930"/>
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          <other otherDesc="SEDOL" value="B86S2N0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>STMICROELECTRONICS NV</name>
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        <title>STMicroelectronics N.V. EUR1.04</title>
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          <isin value="NL0000226223"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Caixabank S.A.</name>
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          <isin value="ES0140609019"/>
          <ticker value="CABK"/>
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        <name>Cellnex Telecom S.A.U</name>
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          <isin value="ES0105066007"/>
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        <name>Argenx SE</name>
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        <name>UCB SA</name>
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        <title>UCB SA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0003739530"/>
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        <name>Aena SME S.A.</name>
        <lei>959800R7QMXKF0NFMT29</lei>
        <title>Aena SME S.A. EUR10</title>
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      <invstOrSec>
        <name>Klepierre SA</name>
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          <isin value="FR0000121964"/>
          <ticker value="LI"/>
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        <name>Accor SA</name>
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        <name>Aumovio SE</name>
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        <name>Stellantis N.V</name>
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        <name>Wolters Kluwer NV</name>
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        <name>Amundi SA</name>
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        <name>Buzzi S.p.A.</name>
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        <name>Hochtief AG</name>
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        <name>Ackermans &amp; Van Haaren NV</name>
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        <name>Institutional Fidu</name>
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        <name>Orion Oyj</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JDE Peets N.V</name>
        <lei>724500EHG519SE5ZRT89</lei>
        <title>JDE Peets N.V EUR0.01</title>
        <cusip>000000000</cusip>
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          <isin value="NL0014332678"/>
          <ticker value="JDEP"/>
          <other otherDesc="SEDOL" value="BMC4ZZ3"/>
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        <valUSD>52094.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Wohnen SE</name>
        <lei>529900QE24Q67I3FWZ10</lei>
        <title>Deutsche Wohnen SE NPV (BR)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A0HN5C6"/>
          <ticker value="DWNI"/>
          <other otherDesc="SEDOL" value="B0YZ0Z5"/>
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        <balance>440.00000000</balance>
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        <valUSD>9622.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sofina SA</name>
        <lei>5493000GMVR38VUO5D39</lei>
        <title>Sofina SA NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003717312"/>
          <ticker value="SOF"/>
          <other otherDesc="SEDOL" value="4820301"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>QIAGEN NV</name>
        <lei>54930036WK3GMCN17Z57</lei>
        <title>QIAGEN NV ORD SHARES</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015002SN0"/>
          <ticker value="QIA"/>
          <other otherDesc="SEDOL" value="BV6JKC9"/>
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        <balance>1850.00000000</balance>
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        <valUSD>74061.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Valmet Oyj</name>
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        <title>Valmet Oyj NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI4000074984"/>
          <ticker value="VALMT"/>
          <other otherDesc="SEDOL" value="BH6XZT5"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Rational AG</name>
        <lei>529900K139N6UFJ1A758</lei>
        <title>Rational AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007010803"/>
          <ticker value="RAA"/>
          <other otherDesc="SEDOL" value="5910609"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAL Trust</name>
        <lei>5493000O3IE3DNOY3R07</lei>
        <title>HAL Trust UNITS NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG455841020"/>
          <ticker value="HAL"/>
          <other otherDesc="SEDOL" value="4402839"/>
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        <balance>160.00000000</balance>
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        <valUSD>32003.50000000</valUSD>
        <pctVal>0.050320382889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rexel, S.A.</name>
        <lei>969500N6AVPA51648T62</lei>
        <title>Rexel, S.A. EUR5</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010451203"/>
          <ticker value="RXL"/>
          <other otherDesc="SEDOL" value="B1VP0K0"/>
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        <balance>2030.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Scout24 SE</name>
        <lei>5493007EIKM2ENQS7U66</lei>
        <title>Scout24 SE NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A12DM80"/>
          <ticker value="G24"/>
          <other otherDesc="SEDOL" value="BYT9340"/>
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        <balance>650.00000000</balance>
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        <pctVal>0.077719775161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sampo PLC</name>
        <lei>743700UF3RL386WIDA22</lei>
        <title>Sampo PLC NPV A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI4000552500"/>
          <ticker value="SAMPO"/>
          <other otherDesc="SEDOL" value="BMXX645"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GEA Group AG</name>
        <lei>549300PHUU0ZZWO8EO07</lei>
        <title>GEA Group AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006602006"/>
          <ticker value="G1A"/>
          <other otherDesc="SEDOL" value="4557104"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telecom Italia S.p.A.</name>
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        <title>Telecom Italia S.p.A. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003497168"/>
          <ticker value="TIT"/>
          <other otherDesc="SEDOL" value="7634394"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tenaris SA</name>
        <lei>549300Y7C05BKC4HZB40</lei>
        <title>Tenaris SA USD1</title>
        <cusip>000000000</cusip>
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          <isin value="LU2598331598"/>
          <ticker value="TEN"/>
          <other otherDesc="SEDOL" value="BMHVLR3"/>
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        <valUSD>90493.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hera SpA</name>
        <lei>8156009414FD99443B48</lei>
        <title>Hera SpA EUR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0001250932"/>
          <ticker value="HER"/>
          <other otherDesc="SEDOL" value="7598003"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banca Mediolanum SpA</name>
        <lei>7LVZJ6XRIE7VNZ4UBX81</lei>
        <title>Banca Mediolanum SpA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="IT0004776628"/>
          <ticker value="BMED"/>
          <other otherDesc="SEDOL" value="BYWP840"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank of Ireland Group PLC</name>
        <lei>635400C8EK6DRI12LJ39</lei>
        <title>Bank of Ireland Group PLC ORD EUR1.00</title>
        <cusip>000000000</cusip>
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          <isin value="IE00BD1RP616"/>
          <ticker value="BIRG"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
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        <cusip>000000000</cusip>
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          <isin value="ES0113900J37"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASR Nederland N.V.</name>
        <lei>7245000G0HS48PZWUD53</lei>
        <title>ASR Nederland N.V. EUR0.16</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <name>Groupe Bruxelles Lambert SA</name>
        <lei>549300KV0ZEHT2KVU152</lei>
        <title>Groupe Bruxelles Lambert SA NPV</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Societe Generale S.A.</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale S.A. EUR1.25</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000130809"/>
          <ticker value="GLE"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <name>BASF SE</name>
        <lei>529900PM64WH8AF1E917</lei>
        <title>BASF SE NPV</title>
        <cusip>000000000</cusip>
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          <isin value="DE000BASF111"/>
          <ticker value="BAS"/>
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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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        <name>SCOR SE</name>
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        <name>Hensoldt AG</name>
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        <name>Grifols S.A.</name>
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        <name>Talanx AG</name>
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        <name>CTS Eventim AG &amp; Co. KGaA</name>
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        <name>Mediobanca - Banca di Credito Finanziario SpA</name>
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        <name>Repsol SA</name>
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        <name>Renk Group AG</name>
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        <name>Bankinter SA</name>
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        <name>DSM Firmenich AG</name>
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          <isin value="CH1216478797"/>
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        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bayer AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>Bayer AG NPV (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000BAY0017"/>
          <ticker value="BAYN"/>
          <other otherDesc="SEDOL" value="5069211"/>
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        <balance>8980.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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      </invstOrSec>
      <invstOrSec>
        <name>Leonardo S.p.A.</name>
        <lei>529900X4EEX1U9LN3U39</lei>
        <title>Leonardo S.p.A. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003856405"/>
          <ticker value="LDO"/>
          <other otherDesc="SEDOL" value="B0DJNG0"/>
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        <balance>3670.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wartsila Oyj Abp</name>
        <lei>743700G7A9J1PHM3X223</lei>
        <title>Wartsila Oyj Abp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009003727"/>
          <ticker value="WRT1V"/>
          <other otherDesc="SEDOL" value="4525189"/>
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        <balance>4130.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Italgas SpA</name>
        <lei>815600F25FF44EF1FA76</lei>
        <title>Italgas SpA NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005211237"/>
          <ticker value="IG"/>
          <other otherDesc="SEDOL" value="BD2Z8S7"/>
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        <balance>5630.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Dassault Aviation SA</name>
        <lei>969500CVFTUT88V8QN95</lei>
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        <cusip>000000000</cusip>
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          <isin value="FR0014004L86"/>
          <ticker value="AM"/>
          <other otherDesc="SEDOL" value="BMT9L19"/>
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        <balance>161.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bureau Veritas SA</name>
        <lei>969500TPU5T3HA5D1F11</lei>
        <title>Bureau Veritas SA EUR0.12</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0006174348"/>
          <ticker value="BVI"/>
          <other otherDesc="SEDOL" value="B28DTJ6"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BPER Banca S.p.A.</name>
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        <title>BPER Banca S.p.A. NPV</title>
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          <isin value="IT0000066123"/>
          <ticker value="BPE"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Compagnie Generale des Etablissements Michelin</name>
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        <title>Compagnie Generale des Etablissements Michelin EUR0.50 (POST SUBDIVISION)</title>
        <cusip>000000000</cusip>
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          <isin value="FR001400AJ45"/>
          <ticker value="ML"/>
          <other otherDesc="SEDOL" value="BPBPJ01"/>
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        <balance>5890.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Andritz AG</name>
        <lei>549300VZKC61IR5U8G96</lei>
        <title>Andritz AG NPV (BR)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000730007"/>
          <ticker value="ANDR"/>
          <other otherDesc="SEDOL" value="B1WVF68"/>
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        <balance>590.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG ORD NPV(REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005140008"/>
          <ticker value="DBK"/>
          <other otherDesc="SEDOL" value="5750355"/>
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        <balance>15980.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delivery Hero SE</name>
        <lei>529900C3EX1FZGE48X78</lei>
        <title>Delivery Hero SE NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A2E4K43"/>
          <ticker value="DHER"/>
          <other otherDesc="SEDOL" value="BZCNB42"/>
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        <balance>2030.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Lotus Bakeries</name>
        <lei>5493004C0K34IFI67I03</lei>
        <title>Lotus Bakeries NPV</title>
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          <isin value="BE0003604155"/>
          <ticker value="LOTB"/>
          <other otherDesc="SEDOL" value="4224992"/>
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        <balance>4.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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      <invstOrSec>
        <name>Volkswagen AG</name>
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          <isin value="DE0007664039"/>
          <ticker value="VOW3"/>
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        <assetCat>EP</assetCat>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>BAWAG Group AG</name>
        <lei>529900S9YO2JHTIIDG38</lei>
        <title>BAWAG Group AG NPV</title>
        <cusip>000000000</cusip>
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          <isin value="AT0000BAWAG2"/>
          <ticker value="BG"/>
          <other otherDesc="SEDOL" value="BZ1GZ06"/>
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        <balance>700.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>AT</invCountry>
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      <invstOrSec>
        <name>Sodexo S.A.</name>
        <lei>969500LCBOG12HXPYM84</lei>
        <title>Sodexo S.A. EUR4</title>
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          <isin value="FR0000121220"/>
          <ticker value="SW"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Kion Group AG</name>
        <lei>5299005KY91C4C6U9H17</lei>
        <title>Kion Group AG NPV</title>
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          <ticker value="KGX"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <name>DAVIDE CAMPARI - MILANO NV</name>
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          <ticker value="CPR"/>
          <other otherDesc="SEDOL" value="BMQ5W17"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

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      <invstOrSec>
        <name>Raiffeisen Bank International AG</name>
        <lei>9ZHRYM6F437SQJ6OUG95</lei>
        <title>Raiffeisen Bank International AG NPV (REGD)</title>
        <cusip>000000000</cusip>
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          <ticker value="RBI"/>
          <other otherDesc="SEDOL" value="B0704T9"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>ING Groep N.V.</name>
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        <title>ING Groep N.V. EUR0.01</title>
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          <ticker value="INGA"/>
          <other otherDesc="SEDOL" value="BZ57390"/>
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      <invstOrSec>
        <name>Technoprobe SpA</name>
        <lei>8156007154CD8334D053</lei>
        <title>Technoprobe SpA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005482333"/>
          <ticker value="TPRO"/>
          <other otherDesc="SEDOL" value="BN6PV62"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>Getlink SE</name>
        <lei>9695007ZEQ7M0OE74G82</lei>
        <title>Getlink SE EUR0.40</title>
        <cusip>000000000</cusip>
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          <isin value="FR0010533075"/>
          <ticker value="GET"/>
          <other otherDesc="SEDOL" value="B292JQ9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV EUR0.05 (N SHARES)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013654783"/>
          <ticker value="PRX"/>
          <other otherDesc="SEDOL" value="BJDS7L3"/>
        </identifiers>
        <balance>11070.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>497184.14000000</valUSD>
        <pctVal>0.781742506020</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>EVRAZ PLC</name>
        <lei>5493005B7DAN39RXLK23</lei>
        <title>EVRAZ PLC ORD USD0.05</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B71N6K86"/>
          <ticker value="EVR"/>
          <other otherDesc="SEDOL" value="B71N6K8"/>
        </identifiers>
        <balance>1168.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75832300"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Compagnie de Saint-Gobain SA</name>
        <lei>NFONVGN05Z0FMN5PEC35</lei>
        <title>Compagnie de Saint-Gobain SA EUR4</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000125007"/>
          <ticker value="SGO"/>
          <other otherDesc="SEDOL" value="7380482"/>
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        <balance>4130.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>333386.49000000</valUSD>
        <pctVal>0.524196910557</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Siemens Healthineers AG</name>
        <lei>529900QBVWXMWANH7H45</lei>
        <title>Siemens Healthineers AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SHL1006"/>
          <ticker value="SHL"/>
          <other otherDesc="SEDOL" value="BD594Y4"/>
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        <balance>3350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>140113.26000000</valUSD>
        <pctVal>0.220305681913</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>Brenntag SE</name>
        <lei>NNROIXVWJ7CPSR27SV97</lei>
        <title>Brenntag SE NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A1DAHH0"/>
          <ticker value="BNR"/>
          <other otherDesc="SEDOL" value="B4YVF56"/>
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        <balance>1050.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>69297.91000000</valUSD>
        <pctVal>0.108959875158</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>MTU Aero Engines AG</name>
        <lei>529900807L67JY81RD65</lei>
        <title>MTU Aero Engines AG NPV (REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A0D9PT0"/>
          <ticker value="MTX"/>
          <other otherDesc="SEDOL" value="B09DHL9"/>
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        <balance>490.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>175019.16000000</valUSD>
        <pctVal>0.275189624391</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>Fuchs SE</name>
        <lei>529900SNF9E1P5ZO4P98</lei>
        <title>Fuchs SE NPV (REG)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A3E5D56"/>
          <ticker value="FPE"/>
          <other otherDesc="SEDOL" value="BNHRG73"/>
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        <balance>230.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>7857.43000000</valUSD>
        <pctVal>0.012354551412</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>Mapfre SA</name>
        <lei>95980020140005693107</lei>
        <title>Mapfre SA EUR0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0124244E34"/>
          <ticker value="MAP"/>
          <other otherDesc="SEDOL" value="B1G40S0"/>
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        <balance>8450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>37133.44000000</valUSD>
        <pctVal>0.058386392701</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Telecom Italia S.p.A.</name>
        <lei>549300W384M3RI3VXU42</lei>
        <title>Telecom Italia S.p.A. DI RISP NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003497176"/>
          <ticker value="TITR"/>
          <other otherDesc="SEDOL" value="7634402"/>
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        <balance>54710.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>44390.55000000</valUSD>
        <pctVal>0.069797036970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>
        <name>EssilorLuxottica SA</name>
        <lei>549300M3VH1A3ER1TB49</lei>
        <title>EssilorLuxottica SA EUR0.18</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121667"/>
          <ticker value="EL"/>
          <other otherDesc="SEDOL" value="7212477"/>
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        <balance>2630.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>601208.66000000</valUSD>
        <pctVal>0.945304418821</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sartorius Stedim Biotech SA</name>
        <lei>52990006IVXY7GCSSR39</lei>
        <title>Sartorius Stedim Biotech SA EUR0.20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013154002"/>
          <ticker value="DIM"/>
          <other otherDesc="SEDOL" value="BYZ2QP5"/>
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        <balance>250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>47873.90000000</valUSD>
        <pctVal>0.075274047476</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Grifols S.A.</name>
        <lei>959800HSSNXWRKBK4N60</lei>
        <title>Grifols S.A. EUR0.25 (CLASS A) POST SUBD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0171996087"/>
          <ticker value="GRF"/>
          <other otherDesc="SEDOL" value="BYY3DX6"/>
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        <balance>2610.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>26932.86000000</valUSD>
        <pctVal>0.042347612839</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>
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      <invstOrSec>
        <name>Bouygues SA</name>
        <lei>969500MOCLNQFNZN0D63</lei>
        <title>Bouygues SA EUR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120503"/>
          <ticker value="EN"/>
          <other otherDesc="SEDOL" value="4002121"/>
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        <balance>1740.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>99058.54000000</valUSD>
        <pctVal>0.155753703853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Airbus SE</name>
        <lei>MINO79WLOO247M1IL051</lei>
        <title>Airbus SE EUR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0000235190"/>
          <ticker value="AIR"/>
          <other otherDesc="SEDOL" value="4012250"/>
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        <balance>5340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>989484.79000000</valUSD>
        <pctVal>1.555806505420</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>
        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA EUR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000131104"/>
          <ticker value="BNP"/>
          <other otherDesc="SEDOL" value="7309681"/>
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        <balance>9040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Unibail-Rodamco-Westfield SE</name>
        <lei>969500SHQITWXSIS7N89</lei>
        <title>Unibail-Rodamco-Westfield SE NPV (1 ORD UNIBAIL-R &amp; 1CLASS A WFD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013326246"/>
          <ticker value="URW"/>
          <other otherDesc="SEDOL" value="BF2PQ09"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003132476"/>
          <ticker value="ENI"/>
          <other otherDesc="SEDOL" value="7145056"/>
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        <balance>17180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Edenred SA</name>
        <lei>9695006LOD5B2D7Y0N70</lei>
        <title>Edenred SA EUR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010908533"/>
          <ticker value="EDEN"/>
          <other otherDesc="SEDOL" value="B62G1B5"/>
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        <balance>2060.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <pctVal>0.063667898452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</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>Kesko Oyj</name>
        <lei>743700OX6HSVMCAHPB95</lei>
        <title>Kesko Oyj SER'B'EUR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009000202"/>
          <ticker value="KESKOB"/>
          <other otherDesc="SEDOL" value="4490005"/>
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        <balance>2410.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>52981.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neste Oyj</name>
        <lei>5493009GY1X8GQ66AM14</lei>
        <title>Neste Oyj NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009013296"/>
          <ticker value="NESTE"/>
          <other otherDesc="SEDOL" value="B06YV46"/>
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        <balance>3740.00000000</balance>
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        <pctVal>0.189377203978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</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>Hannover Rueck SE</name>
        <lei>529900KIN5BE45V5KB18</lei>
        <title>Hannover Rueck SE ORD NPV(REGD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0008402215"/>
          <ticker value="HNR1"/>
          <other otherDesc="SEDOL" value="4511809"/>
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        <balance>550.00000000</balance>
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        <valUSD>169707.51000000</valUSD>
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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>Nemetschek SE</name>
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      <invstOrSec>
        <name>Siemens AG</name>
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      <invstOrSec>
        <name>Universal Music Group N.V</name>
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      <invstOrSec>
        <name>Deutsche Lufthansa AG</name>
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      <invstOrSec>
        <name>Engie SA</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>LVMH Moet Hennessy Louis Vuitton SE</name>
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        <cusip>000000000</cusip>
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          <isin value="FR0000121014"/>
          <ticker value="MC"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Eiffage SA</name>
        <lei>969500OQXKE5WDM9M994</lei>
        <title>Eiffage SA EUR4</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000130452"/>
          <ticker value="FGR"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Merlin Properties Socimi SA</name>
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        <title>Merlin Properties Socimi SA EUR1</title>
        <cusip>000000000</cusip>
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          <isin value="ES0105025003"/>
          <ticker value="MRL"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Air Liquide S.A.(L')</name>
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          <isin value="FR0000120073"/>
          <ticker value="AI"/>
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        <name>Elisa OYJ</name>
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          <isin value="FI0009007884"/>
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        <name>EURONEXT</name>
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      <invstOrSec>
        <name>Safran SA</name>
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      <invstOrSec>
        <name>Allianz SE</name>
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        <name>ASML Holding N.V.</name>
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        <name>Redeia Corporacion S.A.</name>
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        <name>TotalEnergies SE</name>
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        <name>Verbund AG</name>
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        <name>L'Oreal S.A.</name>
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        <name>Orange SA</name>
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        <name>Telekom Austria AG</name>
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        <name>RWE AG</name>
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        <name>Koninklijke KPN N.V.</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Publicis Groupe SA</name>
        <lei>2138004KW8BV57III342</lei>
        <title>Publicis Groupe SA EUR0.40</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000130577"/>
          <ticker value="PUB"/>
          <other otherDesc="SEDOL" value="4380429"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>ArcelorMittal S.A.</name>
        <lei>2EULGUTUI56JI9SAL165</lei>
        <title>ArcelorMittal S.A. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LU1598757687"/>
          <ticker value="MT"/>
          <other otherDesc="SEDOL" value="BYPBS67"/>
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        <balance>3850.00000000</balance>
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        <valUSD>194472.90000000</valUSD>
        <pctVal>0.305777517760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NMC Health PLC</name>
        <lei>2138008YQEVWBE1V2M52</lei>
        <title>NMC Health PLC ORD GBP0.10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B7FC0762"/>
          <ticker value="NMC"/>
          <other otherDesc="SEDOL" value="B7FC076"/>
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        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>SPIE SA</name>
        <lei>969500TJNS5GSFWJ8X85</lei>
        <title>SPIE SA EUR0.47</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0012757854"/>
          <ticker value="SPIE"/>
          <other otherDesc="SEDOL" value="BYZFYS3"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Magnum Ice Cream Co. NV (The)</name>
        <lei>25490052LLF3XH6G9847</lei>
        <title>Magnum Ice Cream Co. NV (The) ORD EUR3.50 (DI)</title>
        <cusip>000000000</cusip>
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          <isin value="NL0015002MS2"/>
          <ticker value="MICC"/>
          <other otherDesc="SEDOL" value="BSNMGT9"/>
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        <balance>4400.00000000</balance>
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        <pctVal>0.101314702145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Elia Group SA/NV</name>
        <lei>549300S1MP1NFDIKT460</lei>
        <title>Elia Group SA/NV NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003822393"/>
          <ticker value="ELI"/>
          <other otherDesc="SEDOL" value="B09M9F4"/>
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        <balance>400.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
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        <pctVal>0.095510188943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ryanair Holdings PLC</name>
        <lei>635400BR2ROC1FVEBQ56</lei>
        <title>Ryanair Holdings PLC ORD EUR0.006</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BYTBXV33"/>
          <ticker value="RYA"/>
          <other otherDesc="SEDOL" value="BYTBXV3"/>
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        <balance>2410.00000000</balance>
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        <pctVal>0.104218232342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nokia Corp</name>
        <lei>549300A0JPRWG1KI7U06</lei>
        <title>Nokia Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009000681"/>
          <ticker value="NOKIA"/>
          <other otherDesc="SEDOL" value="5902941"/>
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        <balance>47540.00000000</balance>
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        <pctVal>0.585311171631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Knorr-Bremse AG</name>
        <lei>5299001GRRO0Z25YZT52</lei>
        <title>Knorr-Bremse AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000KBX1006"/>
          <ticker value="KBX"/>
          <other otherDesc="SEDOL" value="BD2P9X9"/>
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        <balance>600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Koninklijke Ahold Delhaize NV</name>
        <lei>724500C9GNBV20UYRX36</lei>
        <title>Koninklijke Ahold Delhaize NV EUR0.01</title>
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          <isin value="NL0011794037"/>
          <ticker value="AD"/>
          <other otherDesc="SEDOL" value="BD0Q398"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Thales SA</name>
        <lei>529900FNDVTQJOVVPZ19</lei>
        <title>Thales SA EUR3</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121329"/>
          <ticker value="HO"/>
          <other otherDesc="SEDOL" value="4162791"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kerry Group PLC</name>
        <lei>635400TLVVBNXLFHWC59</lei>
        <title>Kerry Group PLC 'A'ORD EUR0.125</title>
        <cusip>000000000</cusip>
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          <isin value="IE0004906560"/>
          <ticker value="KYGA"/>
          <other otherDesc="SEDOL" value="4519579"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Symrise AG</name>
        <lei>529900D82I6R9601CF26</lei>
        <title>Symrise AG NPV (BR)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SYM9999"/>
          <ticker value="SY1"/>
          <other otherDesc="SEDOL" value="B1JB4K8"/>
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        <balance>1220.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fraport AG</name>
        <lei>5299001ERX0K10IZUL40</lei>
        <title>Fraport AG NPV</title>
        <cusip>000000000</cusip>
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          <isin value="DE0005773303"/>
          <ticker value="FRA"/>
          <other otherDesc="SEDOL" value="7107551"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Ayvens SA</name>
        <lei>969500E7V019H9NP7427</lei>
        <title>Ayvens SA EUR1.5</title>
        <cusip>000000000</cusip>
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          <isin value="FR0013258662"/>
          <ticker value="AYV"/>
          <other otherDesc="SEDOL" value="BF03BV1"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Banco BPM S.p.A.</name>
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        <name>Henkel AG &amp; Co. KGaA</name>
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      <invstOrSec>
        <name>Legrand SA</name>
        <lei>969500XXRPGD7HCAFA90</lei>
        <title>Legrand SA EUR4</title>
        <cusip>000000000</cusip>
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          <isin value="FR0010307819"/>
          <ticker value="LR"/>
          <other otherDesc="SEDOL" value="B11ZRK9"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>DWS Group Gmbh &amp; Co KgaA</name>
        <lei>529900VM3464806ERS69</lei>
        <title>DWS Group Gmbh &amp; Co KgaA NPV</title>
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          <other otherDesc="SEDOL" value="BFMHVQ6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>Industria De Diseno Textil SA</name>
        <lei>549300TTCXZOGZM2EY83</lei>
        <title>Industria De Diseno Textil SA EUR0.03 (POST SUBD)</title>
        <cusip>000000000</cusip>
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          <isin value="ES0148396007"/>
          <ticker value="ITX"/>
          <other otherDesc="SEDOL" value="BP9DL90"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
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      <invstOrSec>
        <name>Jeronimo Martins - S.G.P.S., S.A.</name>
        <lei>259400A8SZP10GB5IB19</lei>
        <title>Jeronimo Martins - S.G.P.S., S.A. EUR1</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
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        <name>Bayerische Motoren Werke AG</name>
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        <name>NN Group N.V.</name>
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        <name>Infineon Technologies AG</name>
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        <name>Bayerische Motoren Werke AG</name>
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        <name>ABN AMRO Bank N.V.</name>
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        <name>Finecobank Banca Fineco S.p.A.</name>
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        <name>Merck KGaA</name>
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        <name>Vienna Insurance Group AG Wiener Versicherung Gruppe</name>
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        <name>Deutsche Boerse AG</name>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fuchs SE</name>
        <lei>529900SNF9E1P5ZO4P98</lei>
        <title>Fuchs SE NON VTG PRF NPV (REG)</title>
        <cusip>000000000</cusip>
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          <isin value="DE000A3E5D64"/>
          <ticker value="FPE3"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KBC Group NV</name>
        <lei>213800X3Q9LSAKRUWY91</lei>
        <title>KBC Group NV NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0003565737"/>
          <ticker value="KBC"/>
          <other otherDesc="SEDOL" value="4497749"/>
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        <balance>2070.00000000</balance>
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        <valUSD>249238.11000000</valUSD>
        <pctVal>0.391887047537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brunello Cucinelli S.p.A.</name>
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        <title>Brunello Cucinelli S.p.A. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="IT0004764699"/>
          <ticker value="BC"/>
          <other otherDesc="SEDOL" value="B7K6D18"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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        <title>EURO STOXX 50 Index Futures(FESX) Index Fut</title>
        <cusip>000000000</cusip>
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          <isin value="DE000C7YK3S8"/>
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        <isRestrictedSec>N</isRestrictedSec>
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                <issuerName>DEUTSCHE BORSE AKTIENGESELLSCHAFT</issuerName>
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      <invstOrSec>
        <name>EDP Renovaveis SA</name>
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        <cusip>000000000</cusip>
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          <isin value="ES0127797019"/>
          <ticker value="EDPR"/>
          <other otherDesc="SEDOL" value="B39GNW2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Covivio SA</name>
        <lei>969500P8M3W2XX376054</lei>
        <title>Covivio SA EUR3</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000064578"/>
          <ticker value="COV"/>
          <other otherDesc="SEDOL" value="7745638"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AIB Group PLC</name>
        <lei>635400AKJBGNS5WNQL34</lei>
        <title>AIB Group PLC ORD EUR0.625</title>
        <cusip>000000000</cusip>
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          <isin value="IE00BF0L3536"/>
          <ticker value="AIBG"/>
          <other otherDesc="SEDOL" value="BF0L353"/>
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        <balance>19530.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Axa SA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>Axa SA EUR2.29</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000120628"/>
          <ticker value="CS"/>
          <other otherDesc="SEDOL" value="7088429"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anheuser-Busch Inbev SA/NV</name>
        <lei>5493008H3828EMEXB082</lei>
        <title>Anheuser-Busch Inbev SA/NV NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0974293251"/>
          <ticker value="ABI"/>
          <other otherDesc="SEDOL" value="BYYHL23"/>
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        <balance>8690.00000000</balance>
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        <pctVal>0.940186137683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nexi S.p.A.</name>
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        <title>Nexi S.p.A. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005366767"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>D'Ieteren Group</name>
        <lei>549300DV5KJ23OKVTW34</lei>
        <title>D'Ieteren Group NPV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0974259880"/>
          <ticker value="DIE"/>
          <other otherDesc="SEDOL" value="4247494"/>
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        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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      <invstOrSec>
        <name>EDP SA</name>
        <lei>529900CLC3WDMGI9VH80</lei>
        <title>EDP SA EUR1(REGD)</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>PT</invCountry>
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      <invstOrSec>
        <name>FERRARI NV</name>
        <lei>549300RIVY5EX8RCON76</lei>
        <title>Ferrari N V COM EUR0.01</title>
        <cusip>000000000</cusip>
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          <ticker value="RACE"/>
          <other otherDesc="SEDOL" value="BD6G507"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Financiere De Tubize SA</name>
        <lei>549300I1MGC0OK6W8828</lei>
        <title>Financiere De Tubize SA NPV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0003823409"/>
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          <other otherDesc="SEDOL" value="B0BN7W8"/>
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        <assetCat>EC</assetCat>
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        <invCountry>BE</invCountry>
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      <invstOrSec>
        <name>Munich Reinsurance AG</name>
        <lei>529900MUF4C20K50JS49</lei>
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        <cusip>000000000</cusip>
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          <ticker value="MUV2"/>
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        <name>Telefonica, S.A.</name>
        <lei>549300EEJH4FEPDBBR25</lei>
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      <invstOrSec>
        <name>Credit Agricole S.A.</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
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          <ticker value="ACA"/>
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      <invstOrSec>
        <name>Vonovia SE</name>
        <lei>5299005A2ZEP6AP7KM81</lei>
        <title>Vonovia SE NPV</title>
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      <invstOrSec>
        <name>Stora Enso Oyj</name>
        <lei>7437000ZP669LKUTZ738</lei>
        <title>Stora Enso Oyj SER'R'NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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      <invstOrSec>
        <name>Dassault Systemes</name>
        <lei>96950065LBWY0APQIM86</lei>
        <title>Dassault Systemes EUR0.10</title>
        <cusip>000000000</cusip>
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          <ticker value="DSY"/>
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      <invstOrSec>
        <name>Schaeffler AG</name>
        <lei>549300Q7E782X7GC1P43</lei>
        <title>Schaeffler AG NPV (REG)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SHA0100"/>
          <ticker value="SHA0"/>
          <other otherDesc="SEDOL" value="BV5F6V9"/>
        </identifiers>
        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>14631.79000000</valUSD>
        <pctVal>0.023006148551</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>IMCD NV</name>
        <lei>724500NSJPNFJPDAUP02</lei>
        <title>IMCD NV EUR0.16</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0010801007"/>
          <ticker value="IMCD"/>
          <other otherDesc="SEDOL" value="BNCBD46"/>
        </identifiers>
        <balance>530.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>54654.60000000</valUSD>
        <pctVal>0.085935613250</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>Beiersdorf AG</name>
        <lei>L47NHHI0Z9X22DV46U41</lei>
        <title>Beiersdorf AG NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005200000"/>
          <ticker value="BEI"/>
          <other otherDesc="SEDOL" value="5107401"/>
        </identifiers>
        <balance>940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86790500"/>
        <valUSD>82941.34000000</valUSD>
        <pctVal>0.130411985757</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>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Templeton ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer Controller, US Fund Administration and Oversight</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
