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        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TECH MAHINDRA LTD</name>
        <lei>3358005FZUZ1I25XQH69</lei>
        <title>Tech Mahindra, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE669C01036"/>
        </identifiers>
        <balance>372474.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>6625028.12000000</valUSD>
        <pctVal>1.195433125389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STANDARD BANK GROUP LIMITED</name>
        <lei>2549003PEZXUT7MDBU41</lei>
        <title>Standard Bank Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000109815"/>
        </identifiers>
        <balance>217069.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>2710792.47000000</valUSD>
        <pctVal>0.489140733593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBERBANK RUSSIA</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>Sberbank of Russia PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0009029540"/>
        </identifiers>
        <balance>1260120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>1.54000000</valUSD>
        <pctVal>0.000000277880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAICHUNG COMMERCIAL BANK</name>
        <lei>549300VNYOLU68FQNE06</lei>
        <title>Taichung Commercial Bank Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002812005"/>
        </identifiers>
        <balance>2151674.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>1334469.25000000</valUSD>
        <pctVal>0.240794260396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASIA CEMENT CORP</name>
        <lei>213800EFQXH43HMGJL59</lei>
        <title>Asia Cement Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0001102002"/>
        </identifiers>
        <balance>3215000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>4528474.11000000</valUSD>
        <pctVal>0.817126789578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARTI AIRTEL LTD</name>
        <lei>335800KQ1FPKOQ84OR26</lei>
        <title>Bharti Airtel, Ltd.</title>
        <cusip>E397D0102</cusip>
        <identifiers>
          <isin value="INE397D01024"/>
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        <balance>403781.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>8906702.99000000</valUSD>
        <pctVal>1.607143033869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METALURGICA GERDAU SA GERDAU MET</name>
        <lei>N/A</lei>
        <title>Metalurgica Gerdau SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRGOAUACNPR8"/>
        </identifiers>
        <balance>82600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>122841.51000000</valUSD>
        <pctVal>0.022165764064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCA CONTINENTAL SAB DE CV</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>Arca Continental SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
        </identifiers>
        <balance>21300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.61050000"/>
        <valUSD>224323.14000000</valUSD>
        <pctVal>0.040477309301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THEEB RENT A CAR CO</name>
        <lei>5586009L4ZCK7RAPM384</lei>
        <title>Theeb Rent A Car Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA159GK22IH4"/>
        </identifiers>
        <balance>11730.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>208948.97000000</valUSD>
        <pctVal>0.037703163779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WIPRO LTD</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>Wipro, Ltd. ADR</title>
        <cusip>97651M109</cusip>
        <identifiers>
          <isin value="US97651M1099"/>
        </identifiers>
        <balance>159305.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455612.30000000</valUSD>
        <pctVal>0.082211580975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="451022.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPORTS TOTO BHD</name>
        <lei>N/A</lei>
        <title>Sports Toto Bhd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL1562OO007"/>
        </identifiers>
        <balance>383868.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.31500000"/>
        <valUSD>122448.82000000</valUSD>
        <pctVal>0.022094906307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NU HLDGS LTD</name>
        <lei>5493002DG1RHWK9W2X27</lei>
        <title>NU Holdings, Ltd./Cayman Islands</title>
        <cusip>G6683N103</cusip>
        <identifiers>
          <isin value="KYG6683N1034"/>
        </identifiers>
        <balance>128883.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1602015.69000000</valUSD>
        <pctVal>0.289070867101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMAAR PROPERTIES P J S C</name>
        <lei>254900YWYEXYXK1BMP81</lei>
        <title>Emaar Properties PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AEE000301011"/>
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        <balance>1161457.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>4150180.36000000</valUSD>
        <pctVal>0.748866720083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A.</name>
        <lei>P4GTT6GF1W40CVIMFR43</lei>
        <title>Powszechna Kasa Oszczednosci Bank Polski SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PLPKO0000016"/>
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        <balance>117545.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.77985000"/>
        <valUSD>2259913.39000000</valUSD>
        <pctVal>0.407783224158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SYSWARE CORP</name>
        <lei>N/A</lei>
        <title>Systex Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0006214000"/>
        </identifiers>
        <balance>112000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>423217.71000000</valUSD>
        <pctVal>0.076366237338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ZHONGSHENG GROUP HOLDINGS LIMITED</name>
        <lei>3003005VYMEBAJNJ2Y26</lei>
        <title>Zhongsheng Group Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9894K1085"/>
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        <balance>1100500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1655903.29000000</valUSD>
        <pctVal>0.298794451804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GULF WAREHOUSING CO</name>
        <lei>N/A</lei>
        <title>Gulf Warehousing Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA000A0KD6H9"/>
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        <balance>69334.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>56100.14000000</valUSD>
        <pctVal>0.010122819779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CRISIL LTD</name>
        <lei>335800XLQ1LWF1M6KM87</lei>
        <title>CRISIL, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE007A01025"/>
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        <balance>2314.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>121958.93000000</valUSD>
        <pctVal>0.022006509590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KUWAIT FINANCE HOUSE</name>
        <lei>2549007KX0N057S9BC98</lei>
        <title>Kuwait Finance House KSCP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KW0EQ0100085"/>
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        <balance>225958.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt="0.30650000"/>
        <valUSD>533583.78000000</valUSD>
        <pctVal>0.096280908432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHANGJIANG SECS CO LTD</name>
        <lei>300300E1003242000047</lei>
        <title>Changjiang Securities Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000SH3"/>
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        <balance>1408600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
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        <pctVal>0.224667939592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MIDEA GROUP CO LTD</name>
        <lei>3003003TRPHLHZD2IF61</lei>
        <title>Midea Group Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001QQ5"/>
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        <balance>8700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>88205.82000000</valUSD>
        <pctVal>0.015916031927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ICICI BK LTD</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI Bank, Ltd. ADR</title>
        <cusip>45104G104</cusip>
        <identifiers>
          <isin value="US45104G1040"/>
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        <balance>259819.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8719525.64000000</valUSD>
        <pctVal>1.573368384093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>3SBIO INC</name>
        <lei>529900P0TQC1E9Y7FN31</lei>
        <title>3SBio, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8875G1029"/>
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        <balance>1038500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1601239.50000000</valUSD>
        <pctVal>0.288930809848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AL RAJHI BK &amp; INVT CORP</name>
        <lei>558600BQZS4Y1DTU8589</lei>
        <title>Al Rajhi Bank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA0007879113"/>
        </identifiers>
        <balance>192733.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>5006811.14000000</valUSD>
        <pctVal>0.903438865603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Thrivent Mutual Funds</name>
        <lei>N/A</lei>
        <title>Thrivent Cash Management Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="PRIMARY IDENTIFIER" value="201467561"/>
        </identifiers>
        <balance>1233178.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1233178.00000000</valUSD>
        <pctVal>0.222517067701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="1233178.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUSHENG PRECISION CO LTD</name>
        <lei>N/A</lei>
        <title>Fusheng Precision Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0006670003"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>178475.42000000</valUSD>
        <pctVal>0.032204456384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CORONATION FUND MANAGERS LTD</name>
        <lei>3789001BC9A294E6FF77</lei>
        <title>Coronation Fund Managers, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000047353"/>
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        <balance>30182.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>61924.84000000</valUSD>
        <pctVal>0.011173840122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AAC TECHNOLOGIES HOLDINGS INC</name>
        <lei>549300SKEDE1VKS0A552</lei>
        <title>AAC Technologies Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2953R1149"/>
        </identifiers>
        <balance>597500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2860209.83000000</valUSD>
        <pctVal>0.516101896386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KRUNG THAI BANK PUBLIC COMPANY LIMITED FORMERLY KRUNG THAI BANK LTD</name>
        <lei>54930007ZQMYCRFQGE36</lei>
        <title>Krung Thai Bank pcl NVDR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0150010R11"/>
        </identifiers>
        <balance>3606900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>2353710.16000000</valUSD>
        <pctVal>0.424708098118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK HOLDINGS CO LTD</name>
        <lei>988400GMME8AOAFMDK34</lei>
        <title>SK, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7034730002"/>
        </identifiers>
        <balance>623.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>57983.14000000</valUSD>
        <pctVal>0.010462592009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RHB BK BERHAD</name>
        <lei>549300ZHRPSV7QIUJT80</lei>
        <title>RHB Bank Bhd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL1066OO009"/>
        </identifiers>
        <balance>146800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.31500000"/>
        <valUSD>226433.51000000</valUSD>
        <pctVal>0.040858108622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA LIFE INSURANCE CO LTD</name>
        <lei>549300J6TFLDXGH6S048</lei>
        <title>China Life Insurance Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002L3"/>
        </identifiers>
        <balance>497000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>908315.31000000</valUSD>
        <pctVal>0.163898203932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBEROI REALTY LTD</name>
        <lei>335800TCKG1XQXN51L44</lei>
        <title>Oberoi Realty, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE093I01010"/>
        </identifiers>
        <balance>100946.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1959632.28000000</valUSD>
        <pctVal>0.353599909111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARMONY GOLD MNG LTD</name>
        <lei>378900986D05F0C29811</lei>
        <title>Harmony Gold Mining Company, Ltd. ADR</title>
        <cusip>413216300</cusip>
        <identifiers>
          <isin value="US4132163001"/>
        </identifiers>
        <balance>134405.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2138383.55000000</valUSD>
        <pctVal>0.385854140413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENCOSUD SA</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>Cencosud SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
        </identifiers>
        <balance>358462.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="946.89000000"/>
        <valUSD>1226559.45000000</valUSD>
        <pctVal>0.221322803500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVARY HLDG SHENZHEN CO LTD</name>
        <lei>30030067AGXAJK5FRS12</lei>
        <title>Avary Holding Shenzhen Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003GF5"/>
        </identifiers>
        <balance>225900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>892380.80000000</valUSD>
        <pctVal>0.161022949557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPANHIA ENERGETICA DE MINAS GERAIS</name>
        <lei>254900W703PXLDSEM056</lei>
        <title>Companhia Energetica de Minas Gerais ADR</title>
        <cusip>204409601</cusip>
        <identifiers>
          <isin value="US2044096012"/>
        </identifiers>
        <balance>278052.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>525518.28000000</valUSD>
        <pctVal>0.094825553723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUANTA FINANCIAL HOLDING CO LTD</name>
        <lei>21380045JG57LJEFFE13</lei>
        <title>Yuanta Financial Holding Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002885001"/>
        </identifiers>
        <balance>172636.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>169141.93000000</valUSD>
        <pctVal>0.030520303061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIRSTRAND LTD</name>
        <lei>529900XYOP8CUZU7R671</lei>
        <title>FirstRand, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000066304"/>
        </identifiers>
        <balance>152494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>597066.10000000</valUSD>
        <pctVal>0.107735783314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA OVERSEAS GRAND OCEANS GROUP LTD</name>
        <lei>N/A</lei>
        <title>China Overseas Grand Oceans Group, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000065737"/>
        </identifiers>
        <balance>505000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>111861.12000000</valUSD>
        <pctVal>0.020184440861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DYNAPACK INTERNATIONAL TECHNOLOGY CORP</name>
        <lei>N/A</lei>
        <title>Dynapack International Technology Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003211009"/>
        </identifiers>
        <balance>57000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>309958.15000000</valUSD>
        <pctVal>0.055929459208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HON HAI PRECISION INDUSTRY CO LTD</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>Hon Hai Precision Industry Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002317005"/>
        </identifiers>
        <balance>821000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>3657799.33000000</valUSD>
        <pctVal>0.660020517031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHUI ON LAND LTD</name>
        <lei>5299008W71Y7DHTU7753</lei>
        <title>Shui On Land, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG811511131"/>
        </identifiers>
        <balance>4912000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>417518.73000000</valUSD>
        <pctVal>0.075337902160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHUNGHWA TELECOM CO LTD</name>
        <lei>N/A</lei>
        <title>Chunghwa Telecom Company, Ltd. ADR</title>
        <cusip>17133Q502</cusip>
        <identifiers>
          <isin value="US17133Q5027"/>
        </identifiers>
        <balance>9576.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>387253.44000000</valUSD>
        <pctVal>0.069876773609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HINDALCO INDUSTRIES LTD</name>
        <lei>335800KXLE5NO5B4GF90</lei>
        <title>Hindalco Industries, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE038A01020"/>
        </identifiers>
        <balance>652743.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>4824396.84000000</valUSD>
        <pctVal>0.870523669952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPANHIA PARANAENSE DE ENERGIA - COPEL</name>
        <lei>2549001AS1I9A71VG663</lei>
        <title>Companhia Paranaense de Energia - COPEL ADR</title>
        <cusip>20441B704</cusip>
        <identifiers>
          <isin value="US20441B7047"/>
        </identifiers>
        <balance>6622.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>48936.58000000</valUSD>
        <pctVal>0.008830212901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUMBA IRON ORE LTD</name>
        <lei>3789006C753402643048</lei>
        <title>Kumba Iron Ore, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000085346"/>
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        <balance>23383.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>406660.87000000</valUSD>
        <pctVal>0.073378688511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUA XIA BANK CO LTD</name>
        <lei>300300AKNDEHIGVDZW37</lei>
        <title>Huaxia Bank Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FW7"/>
        </identifiers>
        <balance>1837800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>1840934.95000000</valUSD>
        <pctVal>0.332181929050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KANGWON LAND CO LTD</name>
        <lei>N/A</lei>
        <title>Kangwon Land, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7035250000"/>
        </identifiers>
        <balance>29213.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>333470.55000000</valUSD>
        <pctVal>0.060172082984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>Taiwan Semiconductor Manufacturing Company, Ltd.</title>
        <cusip>000233000</cusip>
        <identifiers>
          <isin value="TW0002330008"/>
        </identifiers>
        <balance>1853000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>52503928.70000000</valUSD>
        <pctVal>9.473912328246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREENTOWN CHINA HOLDINGS LIMITED</name>
        <lei>529900BLBC6YDNWS8530</lei>
        <title>Greentown China Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG4100M1050"/>
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        <balance>1887000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2407968.06000000</valUSD>
        <pctVal>0.434498500483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DATATEC LTD</name>
        <lei>213800AA36MIN5FWKV02</lei>
        <title>DataTec, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000017745"/>
        </identifiers>
        <balance>227790.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>708975.39000000</valUSD>
        <pctVal>0.127928916064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEITUAN</name>
        <lei>21380033K525E5JLIA77</lei>
        <title>Meituan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG596691041"/>
        </identifiers>
        <balance>229620.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>3801918.88000000</valUSD>
        <pctVal>0.686025732551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PING AN INS GROUP CO CHINA LTD</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>Ping An Insurance (Group) Company of China, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003X6"/>
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        <balance>1049500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>6281296.20000000</valUSD>
        <pctVal>1.133409460586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVATEK JT STK CO</name>
        <lei>2138008R6GCRVBDFA581</lei>
        <title>Novatek PJSC GDR</title>
        <cusip>669888109</cusip>
        <identifiers>
          <isin value="US6698881090"/>
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        <balance>1696.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.17000000</valUSD>
        <pctVal>0.000000030675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLBUN SA</name>
        <lei>5493003VQJLE2QB8IF36</lei>
        <title>Colbun SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CLP3615W1037"/>
        </identifiers>
        <balance>2738885.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="946.89000000"/>
        <valUSD>428061.96000000</valUSD>
        <pctVal>0.077240343351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PDD HLDGS INC</name>
        <lei>5493000573DS7005T657</lei>
        <title>PDD Holdings, Inc. ADR</title>
        <cusip>722304102</cusip>
        <identifiers>
          <isin value="US7223041028"/>
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        <balance>27455.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2898424.35000000</valUSD>
        <pctVal>0.522997399658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIPLA LTD</name>
        <lei>335800KMJJYEDDK82Q34</lei>
        <title>Cipla, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE059A01026"/>
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        <balance>338251.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>6207151.21000000</valUSD>
        <pctVal>1.120030592524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>True Corp PCL</name>
        <lei>894500HQD71STX0DQK07</lei>
        <title>True Corporation pcl ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="THB231010R11"/>
        </identifiers>
        <balance>862200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>312146.55000000</valUSD>
        <pctVal>0.056324338415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEGATRON CORPORATION</name>
        <lei>529900M87JQS8TUO0L66</lei>
        <title>Pegatron Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0004938006"/>
        </identifiers>
        <balance>1533000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>3895005.93000000</valUSD>
        <pctVal>0.702822543236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI ROBOTICS CO LTD</name>
        <lei>N/A</lei>
        <title>HD Hyundai Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7267250009"/>
        </identifiers>
        <balance>18079.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>999860.51000000</valUSD>
        <pctVal>0.180416800166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIYADH CEM CO</name>
        <lei>N/A</lei>
        <title>Riyadh Cement Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA15TGH1GA14"/>
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        <balance>21289.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>192687.60000000</valUSD>
        <pctVal>0.034768930141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSC SURGUTNEFTEGAZ</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>Surgutneftegas PAO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0009029524"/>
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        <balance>2930700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>3.57000000</valUSD>
        <pctVal>0.000000644177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mining &amp; Metallurgical Company Norilsk Nickel Pjsc</name>
        <lei>253400JPTEEW143W3E47</lei>
        <title>GMK Norilskiy Nickel PAO ADR</title>
        <cusip>55315J102</cusip>
        <identifiers>
          <isin value="US55315J1025"/>
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        <balance>56865.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5.69000000</valUSD>
        <pctVal>0.000001026714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SIME DARBY PPTY BERHAD</name>
        <lei>N/A</lei>
        <title>Sime Darby Property Bhd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5288OO005"/>
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        <balance>1490100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.31500000"/>
        <valUSD>427986.07000000</valUSD>
        <pctVal>0.077226649610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD, BEIJING</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>Industrial and Commercial Bank of China, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003G1"/>
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        <balance>2149000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1472090.77000000</valUSD>
        <pctVal>0.265626958582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG EVERLAND INC</name>
        <lei>988400GFRE4IDFPE9E64</lei>
        <title>Samsung C&amp;T Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7028260008"/>
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        <balance>22598.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>1944769.96000000</valUSD>
        <pctVal>0.350918122811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARAT PETROLEUM CORP LTD</name>
        <lei>8GRDBX1TJ0PU5NCSHT72</lei>
        <title>Bharat Petroleum Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE029A01011"/>
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        <balance>1213835.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>4448429.20000000</valUSD>
        <pctVal>0.802683328328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGLOGOLD ASHANTI PLC</name>
        <lei>2138005YDSA7A82RNU96</lei>
        <title>AngloGold Ashanti plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BRXH2664"/>
        </identifiers>
        <balance>19508.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>812157.47000000</valUSD>
        <pctVal>0.146547293850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO TELEVISA S A B</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB ADR</title>
        <cusip>40049J206</cusip>
        <identifiers>
          <isin value="US40049J2069"/>
        </identifiers>
        <balance>4991.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9083.62000000</valUSD>
        <pctVal>0.001639066287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="9083.62000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G E C ALSTHOM INDIA LTD</name>
        <lei>549300NMRD6VZDFLN355</lei>
        <title>GE Vernova T&amp;D India, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE200A01026"/>
        </identifiers>
        <balance>2560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>47390.15000000</valUSD>
        <pctVal>0.008551172025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MENGNIU DAIRY COMPANY LTD</name>
        <lei>2549005Q343BSJ8RSS21</lei>
        <title>China Mengniu Dairy Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG210961051"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1618923.66000000</valUSD>
        <pctVal>0.292121774517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNI-PRESIDENT ENTERPRISES CORP</name>
        <lei>254900DAXBDMVEXU5959</lei>
        <title>Uni-President Enterprises Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0001216000"/>
        </identifiers>
        <balance>1463000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>3515827.60000000</valUSD>
        <pctVal>0.634402858383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREE ELEC APPLIANCES INC OF ZHUHAI</name>
        <lei>655600UY069MU9JRAN62</lei>
        <title>Gree Electric Appliances, Inc. of Zhuhai</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000001D4"/>
        </identifiers>
        <balance>693700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>4352828.62000000</valUSD>
        <pctVal>0.785432971338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK TELECOM CO LTD</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK Telecom Company, Ltd.</title>
        <cusip>701767000</cusip>
        <identifiers>
          <isin value="KR7017670001"/>
        </identifiers>
        <balance>51522.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>1968490.25000000</valUSD>
        <pctVal>0.355198258668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gazprom Pjsc</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>Gazprom PJSC ADR</title>
        <cusip>368287207</cusip>
        <identifiers>
          <isin value="US3682872078"/>
        </identifiers>
        <balance>647134.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64.71000000</valUSD>
        <pctVal>0.000011676399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FENG HSIN IRON AND STEEL CO LTD</name>
        <lei>N/A</lei>
        <title>Feng Hsin Steel Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002015005"/>
        </identifiers>
        <balance>472000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>887973.19000000</valUSD>
        <pctVal>0.160227631725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN MOBILE CO LTD</name>
        <lei>N/A</lei>
        <title>Taiwan Mobile Company, Ltd.</title>
        <cusip>000304500</cusip>
        <identifiers>
          <isin value="TW0003045001"/>
        </identifiers>
        <balance>689000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>2446300.78000000</valUSD>
        <pctVal>0.441415331996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROS AGRO PLC</name>
        <lei>21380042L8XBX2MYNI64</lei>
        <title>Ros Agro plc GDR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US7496552057"/>
        </identifiers>
        <balance>71245.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>0.09000000</valUSD>
        <pctVal>0.000000016239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPAL ELECTRONICS INC</name>
        <lei>529900ZPKWFDL21LW166</lei>
        <title>Compal Electronics, Inc.</title>
        <cusip>000232400</cusip>
        <identifiers>
          <isin value="TW0002324001"/>
        </identifiers>
        <balance>1128000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>971966.60000000</valUSD>
        <pctVal>0.175383568094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EASTERN PROVINCE CEMENT CO</name>
        <lei>N/A</lei>
        <title>Eastern Province Cement Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA0007879527"/>
        </identifiers>
        <balance>13164.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>117970.03000000</valUSD>
        <pctVal>0.021286744616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KEPCO PLT SVC &amp; ENGR CO LTD</name>
        <lei>N/A</lei>
        <title>KEPCO Plant Service &amp; Engineering Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7051600005"/>
        </identifiers>
        <balance>22498.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>695013.42000000</valUSD>
        <pctVal>0.125409590692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CADILA HEALTHCARE LIMITED</name>
        <lei>335800R9O14ORBXLPN13</lei>
        <title>Zydus Lifesciences, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE010B01027"/>
        </identifiers>
        <balance>91233.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>960522.94000000</valUSD>
        <pctVal>0.173318651539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QATAR ISLAMIC BANK</name>
        <lei>254900CFGPXJI71OHT95</lei>
        <title>Qatar Islamic Bank QPSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA0006929853"/>
        </identifiers>
        <balance>48315.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>280123.50000000</valUSD>
        <pctVal>0.050546036187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mechel PJSC</name>
        <lei>253400C9GSPBSKERRP65</lei>
        <title>Mechel PJSC ADR</title>
        <cusip>583840608</cusip>
        <identifiers>
          <isin value="US5838406081"/>
        </identifiers>
        <balance>23091.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2.31000000</valUSD>
        <pctVal>0.000000416820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3600.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG UPLUS CORP</name>
        <lei>N/A</lei>
        <title>LG Uplus Corporation</title>
        <cusip>703264000</cusip>
        <identifiers>
          <isin value="KR7032640005"/>
        </identifiers>
        <balance>46534.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>392913.72000000</valUSD>
        <pctVal>0.070898125683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL COML BK</name>
        <lei>5586006ZEFQ542K7CY16</lei>
        <title>Saudi National Bank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA13L050IE10"/>
        </identifiers>
        <balance>88896.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>847003.21000000</valUSD>
        <pctVal>0.152834927822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABSA GROUP LTD NEW</name>
        <lei>2138006IPPRD4N6XLT30</lei>
        <title>Absa Group, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000255915"/>
        </identifiers>
        <balance>192818.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>1779502.67000000</valUSD>
        <pctVal>0.321096967424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAIC MTR CORP LTD</name>
        <lei>30030001QBC7EXJJGT71</lei>
        <title>SAIC Motor Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000TY6"/>
        </identifiers>
        <balance>2094200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>4689544.64000000</valUSD>
        <pctVal>0.846190673323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HELLENIC PETE HLDGS SOCIETE ANONYME</name>
        <lei>213800YUBJMZYR1SNG35</lei>
        <title>HELLENiQ ENERGY Holdings SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GRS298343005"/>
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        <balance>74927.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88273000"/>
        <valUSD>647190.76000000</valUSD>
        <pctVal>0.116780375711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAHINDRA &amp; MAHINDRA LTD</name>
        <lei>3358003B573EV4KB4Z02</lei>
        <title>Mahindra &amp; Mahindra, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE101A01026"/>
        </identifiers>
        <balance>40191.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1392506.14000000</valUSD>
        <pctVal>0.251266551162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VODACOM GROUP LIMITED, SOUTH AFRICA</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>Vodacom Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
        </identifiers>
        <balance>31218.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>230989.35000000</valUSD>
        <pctVal>0.041680173366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.COM INC</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
        </identifiers>
        <balance>272598.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>4438284.67000000</valUSD>
        <pctVal>0.800852829349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHEMICAL WKS OF RICHTER GEDEON PLC</name>
        <lei>549300J6ZJW5IH4WEE46</lei>
        <title>Richter Gedeon Nyrt</title>
        <cusip>000006762</cusip>
        <identifiers>
          <isin value="HU0000123096"/>
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        <balance>62304.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="356.99785000"/>
        <valUSD>1889594.82000000</valUSD>
        <pctVal>0.340962211854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK POLSKA KASA OPIEKI SA</name>
        <lei>5493000LKS7B3UTF7H35</lei>
        <title>Bank Polska Kasa Opieki SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PLPEKAO00016"/>
        </identifiers>
        <balance>15287.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.77985000"/>
        <valUSD>766209.36000000</valUSD>
        <pctVal>0.138256326363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DOGAN SIRKETLER GRUBU HOLDINGS AS</name>
        <lei>789000J24Q4JM3H6UX22</lei>
        <title>Dogan Sirketler Grubu Holding AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRADOHOL91Q8"/>
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        <balance>2175116.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="38.49475000"/>
        <valUSD>883612.95000000</valUSD>
        <pctVal>0.159440861430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF THE PHILIPPINE IS</name>
        <lei>549300UW4UH6XT2X8C50</lei>
        <title>Bank of the Philippine Islands</title>
        <cusip>Y0967S169</cusip>
        <identifiers>
          <isin value="PHY0967S1694"/>
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        <balance>139590.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.85500000"/>
        <valUSD>349997.70000000</valUSD>
        <pctVal>0.063154274489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ITAU UNIBANCO HLDG SA</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>Itau Unibanco Holding SA ADR</title>
        <cusip>465562106</cusip>
        <identifiers>
          <isin value="US4655621062"/>
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        <balance>589364.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3718886.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUATAI SECURITIES CO LTD</name>
        <lei>3003009ABT0UCWO79Q77</lei>
        <title>Huatai Securities Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001YQ9"/>
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        <balance>717600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1063484.94000000</valUSD>
        <pctVal>0.191897317656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAREGEN CO LTD</name>
        <lei>N/A</lei>
        <title>Caregen Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7214370009"/>
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        <balance>7963.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>133391.18000000</valUSD>
        <pctVal>0.024069367302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANCO DE CHILE</name>
        <lei>8B4EZFY8IHJC44TT2K84</lei>
        <title>Banco de Chile ADR</title>
        <cusip>059520106</cusip>
        <identifiers>
          <isin value="US0595201064"/>
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        <balance>24702.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>729203.04000000</valUSD>
        <pctVal>0.131578833079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED SPIRITS LIMITED</name>
        <lei>3358004YFWQVX2EZDE82</lei>
        <title>United Spirits, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE854D01024"/>
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        <balance>49755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>920064.79000000</valUSD>
        <pctVal>0.166018303250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LEGEND HLDGS CORP</name>
        <lei>5299003ONUYCE70HZ185</lei>
        <title>Legend Holdings Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001ZT0"/>
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        <balance>158400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>157241.51000000</valUSD>
        <pctVal>0.028372967832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Banks Office of Finance</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Bank Discount Notes</title>
        <cusip>313385GL4</cusip>
        <identifiers>
          <isin value="US313385GL43"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99593.61000000</valUSD>
        <pctVal>0.017970867189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALIBABA GROUP HLDG LTD</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
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        <balance>1206204.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>18008663.36000000</valUSD>
        <pctVal>3.249518694046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ULTRA TECH CEMENT LTD</name>
        <lei>335800PC9O9B4BQHG814</lei>
        <title>UltraTech Cement, Ltd.</title>
        <cusip>E481G0101</cusip>
        <identifiers>
          <isin value="INE481G01011"/>
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        <balance>10952.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1509213.76000000</valUSD>
        <pctVal>0.272325504030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RELIANCE INDUSTRIES LTD</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>Reliance Industries, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE002A01018"/>
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        <balance>255450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>4241574.56000000</valUSD>
        <pctVal>0.765358069579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GUOTAI JUNAN SECURITIES CO LTD</name>
        <lei>300300E1005431000017</lei>
        <title>Guotai Haitong Securities Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000022F3"/>
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        <balance>74791.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>177739.37000000</valUSD>
        <pctVal>0.032071642072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HONG LEONG BANK BHD</name>
        <lei>549300BUPYUQGB5BFX94</lei>
        <title>Hong Leong Bank Bhd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5819OO007"/>
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        <balance>263300.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.31500000"/>
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        <pctVal>0.220216030198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OTP BANK LTD</name>
        <lei>529900W3MOO00A18X956</lei>
        <title>OTP Bank Nyrt</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
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        <balance>40793.00000000</balance>
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        <currencyConditional curCd="HUF" exchangeRt="356.99785000"/>
        <valUSD>3013300.18000000</valUSD>
        <pctVal>0.543725820731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LUPIN LTD</name>
        <lei>335800HHXTESDEE2FC65</lei>
        <title>Lupin, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE326A01037"/>
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        <balance>43613.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
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        <pctVal>0.195694534864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PAGE INDUATRIES LTD</name>
        <lei>335800D6UFCCKUP3KD53</lei>
        <title>Page Industries, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE761H01022"/>
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        <balance>4848.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
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        <pctVal>0.471622178485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MAGAZINE LUIZA SA</name>
        <lei>N/A</lei>
        <title>Magazine Luiza SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRMGLUACNOR2"/>
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        <balance>407800.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
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        <pctVal>0.121362156409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHAMBAL FERTILISERS &amp; CHEMICALS LTD</name>
        <lei>335800DFMF2OEJ7HWM17</lei>
        <title>Chambal Fertilisers and Chemicals, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE085A01013"/>
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        <balance>508022.00000000</balance>
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        <valUSD>4165249.12000000</valUSD>
        <pctVal>0.751585756823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FAR EASTONE TELECOMMUNICATION CO LTD</name>
        <lei>529900L7W7BWDLVZL253</lei>
        <title>Far EasTone Telecommunications Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0004904008"/>
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        <balance>264000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>707931.43000000</valUSD>
        <pctVal>0.127740541865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GRUPO MEXICO SAB DE CV</name>
        <lei>529900JWLZAYET2ZGW20</lei>
        <title>Grupo Mexico SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
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        <balance>155500.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="19.61050000"/>
        <valUSD>806898.35000000</valUSD>
        <pctVal>0.145598327877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMIRATES NBD PJSC</name>
        <lei>54930029BCN8HF3B1286</lei>
        <title>Emirates NBD Bank PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AEE000801010"/>
        </identifiers>
        <balance>568459.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>3181368.83000000</valUSD>
        <pctVal>0.574052459035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO CARSO SAB DE CV</name>
        <lei>5493007R35VF4W6YVW92</lei>
        <title>Grupo Carso SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXP461181085"/>
        </identifiers>
        <balance>100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.61050000"/>
        <valUSD>695.44000000</valUSD>
        <pctVal>0.000125486563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TUPY SA</name>
        <lei>254900YH8MOZMIBO3R79</lei>
        <title>Tupy SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRTUPYACNOR1"/>
        </identifiers>
        <balance>26500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>100020.26000000</valUSD>
        <pctVal>0.018047852755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANSNEFT OJSC</name>
        <lei>N/A</lei>
        <title>Transneft PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0009091573"/>
        </identifiers>
        <balance>65200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>0.08000000</valUSD>
        <pctVal>0.000000014435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPANHIA DE SANEAMENTO DO PARANA-SANEPAR</name>
        <lei>N/A</lei>
        <title>Companhia de Sanena do Parana</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSAPRACNPR6"/>
        </identifiers>
        <balance>586600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>626379.21000000</valUSD>
        <pctVal>0.113025098629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LITE-ON TECHNOLOGY CORPORATION</name>
        <lei>2549005GU1PQ73SZBT32</lei>
        <title>Lite-On Technology Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002301009"/>
        </identifiers>
        <balance>494000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>1493967.95000000</valUSD>
        <pctVal>0.269574520039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMMERCIAL INTL BK EGYPT S A E</name>
        <lei>213800FIIXJAMEVRIH48</lei>
        <title>Commercial International Bank Egypt SAE GDR</title>
        <cusip>201712205</cusip>
        <identifiers>
          <isin value="US2017122050"/>
        </identifiers>
        <balance>64927.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>101363.71000000</valUSD>
        <pctVal>0.018290267520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT BANK CENTRAL ASIA TBK</name>
        <lei>254900BR956G2OHVOM21</lei>
        <title>Bank Central Asia Tbk PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000109507"/>
        </identifiers>
        <balance>10519700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16600.00000000"/>
        <valUSD>5593225.82000000</valUSD>
        <pctVal>1.009252685709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTERGLOBE AVIATION LTD</name>
        <lei>33580079R8SLLO23XD19</lei>
        <title>InterGlobe Aviation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE646L01027"/>
        </identifiers>
        <balance>27532.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1715556.34000000</valUSD>
        <pctVal>0.309558365664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCOLOMBIA S A</name>
        <lei>54930052NWJRPNMP1W58</lei>
        <title>Bancolombia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COB07PA00078"/>
        </identifiers>
        <balance>8688.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="COP" exchangeRt="4225.57000000"/>
        <valUSD>103008.30000000</valUSD>
        <pctVal>0.018587020580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI PHARMACEUTICALS HLDG CO LTD</name>
        <lei>30030029J1KKCBY19820</lei>
        <title>Shanghai Pharmaceuticals Holding Company, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000012B3"/>
        </identifiers>
        <balance>676900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>925677.68000000</valUSD>
        <pctVal>0.167031104179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="411883.64000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUZHOU DONGSHAN PRECISION MANUFACTURING CO LTD</name>
        <lei>300300PUYVPZAJYVAE50</lei>
        <title>Suzhou Dongshan Precision Manufacturing Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000N79"/>
        </identifiers>
        <balance>452900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>1611701.47000000</valUSD>
        <pctVal>0.290818588325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAH LEE CO LTD</name>
        <lei>N/A</lei>
        <title>Wah Lee Industrial Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003010005"/>
        </identifiers>
        <balance>156000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>464408.61000000</valUSD>
        <pctVal>0.083798804481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DUBAI ISLAMIC BANK LTD</name>
        <lei>5493003E7YRAQY3JGW88</lei>
        <title>Dubai Islamic Bank PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AED000201015"/>
        </identifiers>
        <balance>1573560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>3241993.71000000</valUSD>
        <pctVal>0.584991731814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETDRAGON WEBSOFT HLDGS LTD</name>
        <lei>549300OAYL2PBUPUBR89</lei>
        <title>NetDragon Websoft Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6427W1042"/>
        </identifiers>
        <balance>91500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>116771.01000000</valUSD>
        <pctVal>0.021070391085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Institutional US</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional U.S. Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
        </identifiers>
        <balance>4438872.90000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4438872.90000000</valUSD>
        <pctVal>0.800958970729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NASPERS LIMITED</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>Naspers, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000325783"/>
        </identifiers>
        <balance>8165.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>2146923.98000000</valUSD>
        <pctVal>0.387395192427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HINDUSTAN PETROLEUM CORPORATION LTD</name>
        <lei>335800DWLXIP7HFFY564</lei>
        <title>Hindustan Petroleum Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE094A01015"/>
        </identifiers>
        <balance>422172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1889388.63000000</valUSD>
        <pctVal>0.340925006524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>K T &amp; G CORPORATION</name>
        <lei>988400ZJV6ISYBLQX875</lei>
        <title>KT&amp;G Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7033780008"/>
        </identifiers>
        <balance>61634.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>4974744.50000000</valUSD>
        <pctVal>0.897652697909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENG SHIN RUBBER INDUSTRY CO LTD</name>
        <lei>3003006VZBNKJZLNJ718</lei>
        <title>Cheng Shin Rubber Industry Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002105004"/>
        </identifiers>
        <balance>1081000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>1669621.45000000</valUSD>
        <pctVal>0.301269783620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREEN CROSS HLDGS CORP</name>
        <lei>N/A</lei>
        <title>Green Cross Holdings Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7005250006"/>
        </identifiers>
        <balance>22819.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>224606.49000000</valUSD>
        <pctVal>0.040528437534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTE CORPORATION</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE Corporation, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000TK5"/>
        </identifiers>
        <balance>25700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>113468.56000000</valUSD>
        <pctVal>0.020474490501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD, BEIJING</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>Industrial and Commercial Bank of China, Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001P37"/>
        </identifiers>
        <balance>210800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>203422.38000000</valUSD>
        <pctVal>0.036705934992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWER FINANCE CORP LIMITED</name>
        <lei>3358003Q6D9LIJJZ1614</lei>
        <title>Power Finance Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE134E01011"/>
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        <balance>68352.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>330643.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA TAIPING  INSURANCE HOLDINGS CO LTD</name>
        <lei>529900C2G37NOIADYW07</lei>
        <title>China Taiping Insurance Holdings Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000055878"/>
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        <balance>646600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>895390.51000000</valUSD>
        <pctVal>0.161566027558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BYD COMPANY LTD</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD Company, Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001526"/>
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        <balance>6500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW CHINA LIFE INS CO LTD, BEIJING</name>
        <lei>300300F2001111000095</lei>
        <title>New China Life Insurance Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001922"/>
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        <balance>485800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1774098.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUATAI SECURITIES CO LTD</name>
        <lei>3003009ABT0UCWO79Q77</lei>
        <title>Huatai Securities Company, Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000LQ8"/>
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        <balance>3400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>7521.64000000</valUSD>
        <pctVal>0.001357219539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MRF LTD</name>
        <lei>335800EQP78LTJ76DZ82</lei>
        <title>MRF, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE883A01011"/>
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        <balance>635.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1010540.56000000</valUSD>
        <pctVal>0.182343929428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGBOARD HOLDINGS LTD</name>
        <lei>529900G89MY26MMSDR76</lei>
        <title>Kingboard Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG525621408"/>
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        <balance>1061500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2851645.24000000</valUSD>
        <pctVal>0.514556484894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PING AN INS GROUP CO CHINA LTD</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>Ping An Insurance (Group) Company of China, Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001R84"/>
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        <balance>36400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>254346.54000000</valUSD>
        <pctVal>0.045894790744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOPCO SCIENTIFIC CO LTD</name>
        <lei>N/A</lei>
        <title>Topco Scientific Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0005434005"/>
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        <balance>257164.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>1975444.81000000</valUSD>
        <pctVal>0.356453153175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA OPAP</name>
        <lei>213800M4NRGFJCI34834</lei>
        <title>OPAP SA</title>
        <cusip>S41900300</cusip>
        <identifiers>
          <isin value="GRS419003009"/>
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        <balance>37293.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.88273000"/>
        <valUSD>828620.56000000</valUSD>
        <pctVal>0.149517926242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CEMEX S A B DE C V</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>Cemex SAB de CV ADR</title>
        <cusip>151290889</cusip>
        <identifiers>
          <isin value="US1512908898"/>
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        <balance>19875.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>122628.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OIL &amp; NATURAL GAS CORPORATION LTD</name>
        <lei>335800FPDZ9MRSNO7N41</lei>
        <title>Oil &amp; Natural Gas Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE213A01029"/>
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        <balance>9827.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
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        <pctVal>0.005130910723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHAROEN POKPHAND FOODS PUB CO LTD</name>
        <lei>529900FJ3AI2GKGIWK15</lei>
        <title>Charoen Pokphand Foods pcl NVDR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0101010R14"/>
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        <balance>2144100.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO</name>
        <lei>N/A</lei>
        <title>ICE US mini MSCI Emerging Markets Index</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="MESM5"/>
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        <balance>350.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>53886.71000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Morgan Stanley &amp; Company</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>MSCI Emerging Markets Index</indexName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARCADYAN TECHNOLOGY CORP</name>
        <lei>254900R5W61G3GO1Q067</lei>
        <title>Arcadyan Technology Corporation</title>
        <cusip>N/A</cusip>
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          <isin value="TW0003596003"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QATAR NATIONAL BANK</name>
        <lei>549300FFSRVBS0SQXY75</lei>
        <title>Qatar National Bank QPSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA0006929895"/>
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        <balance>267395.00000000</balance>
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        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAMSUNG ELECTRONICS CO LTD</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Company, Ltd.</title>
        <cusip>700593100</cusip>
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          <isin value="KR7005931001"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XINHUA WINSHARE PUBLISHING AND MEDIA CO LTD</name>
        <lei>529900GRONU6MXRSA398</lei>
        <title>Xinhua Winshare Publishing and Media Company, Ltd.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAIC MTR CORP LTD</name>
        <lei>5299003EYHISIDNLZQ19</lei>
        <title>BAIC Motor Corporation, Ltd.</title>
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        <identifiers>
          <isin value="CNE100001TJ4"/>
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        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHINA RES PHARMACEUTICAL GROUP LTD</name>
        <lei>3003004H1KDKMJ8JD874</lei>
        <title>China Resources Pharmaceutical Group, Ltd.</title>
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          <isin value="HK0000311099"/>
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        <balance>393000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANCOLOMBIA S A</name>
        <lei>54930052NWJRPNMP1W58</lei>
        <title>Bancolombia SA ADR</title>
        <cusip>05968L102</cusip>
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          <isin value="US05968L1026"/>
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        <balance>77908.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3141250.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG ELECTRONICS CO LTD</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Company, Ltd.</title>
        <cusip>700593000</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
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        <balance>277685.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>10834585.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASSECO POLAND S.A.</name>
        <lei>259400O79EWIK4XZPL40</lei>
        <title>Asseco Poland SA</title>
        <cusip>N/A</cusip>
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        <balance>52088.00000000</balance>
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        <valUSD>2150841.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEGACABLE HLDGS SAB DE CV</name>
        <lei>N/A</lei>
        <title>Megacable Holdings SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01ME090003"/>
        </identifiers>
        <balance>265100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.61050000"/>
        <valUSD>644821.40000000</valUSD>
        <pctVal>0.116352843724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROLEO BRASILEIRO SA PETROBRAS</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA ADR</title>
        <cusip>71654V408</cusip>
        <identifiers>
          <isin value="US71654V4086"/>
        </identifiers>
        <balance>54548.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>615846.92000000</valUSD>
        <pctVal>0.111124631473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HCL TECHNOLOGIES LTD</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>HCL Technologies, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE860A01027"/>
        </identifiers>
        <balance>85604.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1587776.08000000</valUSD>
        <pctVal>0.286501443820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNER MONGOLIA YILI INDL GROUP CO LTD</name>
        <lei>3003002Q2A863JPQFH06</lei>
        <title>Inner Mongolia Yili Industrial Group Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JP5"/>
        </identifiers>
        <balance>668400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>2738794.86000000</valUSD>
        <pctVal>0.494193540010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES LAND LTD</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>China Resources Land, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
        </identifiers>
        <balance>794500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2673180.46000000</valUSD>
        <pctVal>0.482353948412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIRECIONAL ENGENHARIA SA</name>
        <lei>N/A</lei>
        <title>Direcional Engenharia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRDIRRACNOR0"/>
        </identifiers>
        <balance>101600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>647537.42000000</valUSD>
        <pctVal>0.116842927724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOHA BANK</name>
        <lei>549300O5KAG21BMZ8N83</lei>
        <title>Doha Bank QPSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA0006929770"/>
        </identifiers>
        <balance>288338.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>186983.11000000</valUSD>
        <pctVal>0.033739600728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SD BIO SENSOR INC</name>
        <lei>N/A</lei>
        <title>SD Biosensor, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7137310009"/>
        </identifiers>
        <balance>25698.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>169910.29000000</valUSD>
        <pctVal>0.030658947453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Surgutneftegaz Pjsc</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>Surgutneftegas PAO ADR</title>
        <cusip>868861204</cusip>
        <identifiers>
          <isin value="US8688612048"/>
        </identifiers>
        <balance>257974.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25.80000000</valUSD>
        <pctVal>0.000004655402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAO SOVCOMFLOT</name>
        <lei>253400DYLWR5A6YAWJ69</lei>
        <title>Sovcomflot OAO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JXNU8"/>
        </identifiers>
        <balance>67230.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>0.08000000</valUSD>
        <pctVal>0.000000014435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIC SECURITIES CO LTD</name>
        <lei>300300E1006744000068</lei>
        <title>CITIC Securities Company, Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001DB6"/>
        </identifiers>
        <balance>32800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>113051.16000000</valUSD>
        <pctVal>0.020399174023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMBRAER S A</name>
        <lei>549300EM51WYXFHUY333</lei>
        <title>Embraer SA ADR</title>
        <cusip>29082A107</cusip>
        <identifiers>
          <isin value="US29082A1079"/>
        </identifiers>
        <balance>260.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11944.40000000</valUSD>
        <pctVal>0.002155271066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELEFONICA BRASIL SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>Telefonica Brasil SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRVIVTACNOR0"/>
        </identifiers>
        <balance>557600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>2717675.48000000</valUSD>
        <pctVal>0.490382717477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALE S A</name>
        <lei>254900SMTWBX7RU2SR20</lei>
        <title>Vale SA ADR</title>
        <cusip>91912E105</cusip>
        <identifiers>
          <isin value="US91912E1055"/>
        </identifiers>
        <balance>355551.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3310179.81000000</valUSD>
        <pctVal>0.597295366026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abu Dhabi National Oil Co</name>
        <lei>213800YI1ZIOJB3HLB11</lei>
        <title>Abu Dhabi National Oil Company for Distribution PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AEA006101017"/>
        </identifiers>
        <balance>709633.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>651206.25000000</valUSD>
        <pctVal>0.117504938637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AECI LTD</name>
        <lei>3789008641F1D3D90E85</lei>
        <title>AECI, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000000220"/>
        </identifiers>
        <balance>221379.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>1221640.21000000</valUSD>
        <pctVal>0.220435166144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA CONSULTANCY SERVICES LTD</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>Tata Consultancy Services, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE467B01029"/>
        </identifiers>
        <balance>156688.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>6395989.77000000</valUSD>
        <pctVal>1.154104994305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA UNICOM CO LTD</name>
        <lei>300300UTFDNZL9GJRR78</lei>
        <title>China United Network Communications, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001CS2"/>
        </identifiers>
        <balance>5792200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>4243869.53000000</valUSD>
        <pctVal>0.765772178487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINDAL SAW LIMITED</name>
        <lei>335800DDPMLWP71NRQ10</lei>
        <title>Jindal Saw, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE324A01032"/>
        </identifiers>
        <balance>172610.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>507885.38000000</valUSD>
        <pctVal>0.091643838509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TISCO FINACIAL GROUP PUBLIC COMPANY LTD</name>
        <lei>529900OOUQI3OWX2WU06</lei>
        <title>Tisco Financial Group pcl</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0999010Z11"/>
        </identifiers>
        <balance>100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>293.94000000</valUSD>
        <pctVal>0.000053039112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA TOWER CORP LTD</name>
        <lei>300300T6BNNP0L7O7H91</lei>
        <title>China Tower Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006V65"/>
        </identifiers>
        <balance>2409600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>3490250.42000000</valUSD>
        <pctVal>0.629787661636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAR EASTERN TEXTILE LTD</name>
        <lei>254900CDLU5OS06M6K24</lei>
        <title>Far Eastern New Century Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0001402006"/>
        </identifiers>
        <balance>403000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>414705.82000000</valUSD>
        <pctVal>0.074830335138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOTEX INVESTMENT &amp; DEVELOPMENT CO LIMITED</name>
        <lei>N/A</lei>
        <title>SDIC Capital Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000Q11"/>
        </identifiers>
        <balance>497600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>468801.30000000</valUSD>
        <pctVal>0.084591430118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DE CREDITO E INVERSIONES</name>
        <lei>549300E9E5Y3PKW24142</lei>
        <title>Banco de Credito e Inversiones SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CLP321331116"/>
        </identifiers>
        <balance>18290.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="946.89000000"/>
        <valUSD>724344.96000000</valUSD>
        <pctVal>0.130702231554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POU CHEN CORP</name>
        <lei>25490027LIXQ7W4PBH18</lei>
        <title>Pou Chen Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0009904003"/>
        </identifiers>
        <balance>778000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>801159.82000000</valUSD>
        <pctVal>0.144562856219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HERO MOTOCORP LTD</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>Hero MotoCorp, Ltd.</title>
        <cusip>E158A0102</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
        </identifiers>
        <balance>118062.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>5349131.54000000</valUSD>
        <pctVal>0.965207832956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TONG REN TANG TECHNOLOGIES CO LTD</name>
        <lei>300300669R6K7U9JKE85</lei>
        <title>Tong Ren Tang Technologies Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000585"/>
        </identifiers>
        <balance>562000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>342860.44000000</valUSD>
        <pctVal>0.061866413234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIWAN SECOM</name>
        <lei>N/A</lei>
        <title>Taiwan Secom Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0009917005"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>107656.79000000</valUSD>
        <pctVal>0.019425803273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUHAN CORP</name>
        <lei>N/A</lei>
        <title>Yuhan Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7000100008"/>
        </identifiers>
        <balance>38930.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>3119777.33000000</valUSD>
        <pctVal>0.562938767438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRUPO FINANCIERO BANORTE SAB DE CV GFNORTE</name>
        <lei>N/A</lei>
        <title>Grupo Financiero Banorte SAB de CV ADR</title>
        <cusip>P37071101</cusip>
        <identifiers>
          <isin value="MXP370711014"/>
        </identifiers>
        <balance>76800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.61050000"/>
        <valUSD>658520.69000000</valUSD>
        <pctVal>0.118824770600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGLO AMERICAN PLATINUM LIMITED</name>
        <lei>529900RORCZ0E5S5FX81</lei>
        <title>Anglo American Platinum, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000013181"/>
        </identifiers>
        <balance>8214.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>281280.25000000</valUSD>
        <pctVal>0.050754762436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOE TECHNOLOGY GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>BOE Technology Group Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000016L5"/>
        </identifiers>
        <balance>1303700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>689487.99000000</valUSD>
        <pctVal>0.124412571218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Banks Office of Finance</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Bank Discount Notes</title>
        <cusip>313385GD2</cusip>
        <identifiers>
          <isin value="US313385GD27"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>598026.00000000</valUSD>
        <pctVal>0.107908989561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHIPBOND TECHNOLOGY CORP</name>
        <lei>254900AK7VTHB4UYLR40</lei>
        <title>Chipbond Technology Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0006147002"/>
        </identifiers>
        <balance>543000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>1079660.96000000</valUSD>
        <pctVal>0.194816150572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILIP MORRIS CR AS</name>
        <lei>315700LNPHNXCMNLQC73</lei>
        <title>Philip Morris CR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CS0008418869"/>
        </identifiers>
        <balance>285.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="22.02810000"/>
        <valUSD>230555.52000000</valUSD>
        <pctVal>0.041601892227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEOPLES INS CO GROUP OF CHINA LTD</name>
        <lei>3003000P2JHYHQ524P66</lei>
        <title>People's Insurance Company (Group) of China, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001MK7"/>
        </identifiers>
        <balance>6472000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>3830236.35000000</valUSD>
        <pctVal>0.691135392623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DELTA ELECTRONIC INDUSTRIAL CO LTD</name>
        <lei>529900UVZWNWGDLJSM52</lei>
        <title>Delta Electronics, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
        </identifiers>
        <balance>501000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>5249580.93000000</valUSD>
        <pctVal>0.947244724771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROLEO BRASILEIRO SA PETROBRAS PETR</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRPETRACNPR6"/>
        </identifiers>
        <balance>519600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>2750373.82000000</valUSD>
        <pctVal>0.496282870363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIC SECURITIES CO LTD</name>
        <lei>300300E1006744000068</lei>
        <title>CITIC Securities Company, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000016V2"/>
        </identifiers>
        <balance>136000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>336128.20000000</valUSD>
        <pctVal>0.060651634586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSUN PHARMACEUTICAL GROUP LTD</name>
        <lei>300300LQFLNDZZHCNN43</lei>
        <title>Consun Pharmaceutical Group, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2524A1031"/>
        </identifiers>
        <balance>761000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>906296.58000000</valUSD>
        <pctVal>0.163533940314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TINGYI CAYMAN ISLANDS HOLDING CORP</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>Tingyi (Cayman Islands) Holding Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
        </identifiers>
        <balance>402000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>726145.34000000</valUSD>
        <pctVal>0.131027095668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARABIAN INTERNET &amp; COMMUNICATIONS SVCS CO</name>
        <lei>N/A</lei>
        <title>Arabian Internet &amp; Communications Services Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA15CIBJGH12"/>
        </identifiers>
        <balance>3236.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>247617.38000000</valUSD>
        <pctVal>0.044680567857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARAB NATIONAL BANK</name>
        <lei>213800CYWGYQVT1ZBQ57</lei>
        <title>Arab National Bank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA0007879105"/>
        </identifiers>
        <balance>512872.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>2941800.40000000</valUSD>
        <pctVal>0.530824259572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LENOVO GROUP LTD</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>Lenovo Group, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
        </identifiers>
        <balance>2422000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2801230.25000000</valUSD>
        <pctVal>0.505459504780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIAOMI CORP</name>
        <lei>2549001ACVFAZRNMKL32</lei>
        <title>Xiaomi Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9830T1067"/>
        </identifiers>
        <balance>757200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>4847749.23000000</valUSD>
        <pctVal>0.874737421208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEDBANK GROUP LIMITED</name>
        <lei>3789009E42FA3CB31065</lei>
        <title>Nedbank Group, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000004875"/>
        </identifiers>
        <balance>61120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>832786.18000000</valUSD>
        <pctVal>0.150269578921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KASIKORNBANK PUB CO LTD</name>
        <lei>5493004COSQ54937AW41</lei>
        <title>Kasikornbank pcl NVDR</title>
        <cusip>0016010R1</cusip>
        <identifiers>
          <isin value="TH0016010R14"/>
        </identifiers>
        <balance>1177400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>5622659.87000000</valUSD>
        <pctVal>1.014563823676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PICC PROPERTY AND CASUALTY COMPANY LTD</name>
        <lei>300300F1000311000017</lei>
        <title>PICC Property and Casualty Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000593"/>
        </identifiers>
        <balance>286000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>526651.80000000</valUSD>
        <pctVal>0.095030088304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HDFC ASSET MANAGEMENT COMPANY LTD</name>
        <lei>3358002FLK8AK8WSEP31</lei>
        <title>HDFC Asset Management Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE127D01025"/>
        </identifiers>
        <balance>122499.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>6348232.03000000</valUSD>
        <pctVal>1.145487493616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DO BRASIL SA BB BRASIL</name>
        <lei>QE0Q0253K88YAGNPE356</lei>
        <title>Banco do Brasil SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBBASACNOR3"/>
        </identifiers>
        <balance>593900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>3018083.40000000</valUSD>
        <pctVal>0.544588914370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SYNNEX TECHNOLOGY INTERNATIONAL CORP</name>
        <lei>529900GMBJ3R4A2WBC71</lei>
        <title>Synnex Technology International Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002347002"/>
        </identifiers>
        <balance>905000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>2007776.89000000</valUSD>
        <pctVal>0.362287217385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAIER SMART HOME CO LTD</name>
        <lei>3003002BYTNGNJTWSH07</lei>
        <title>Haier Smart Home Company, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000048K8"/>
        </identifiers>
        <balance>733600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2128929.60000000</valUSD>
        <pctVal>0.384148251050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CONSTRUCTION BANK CORPORATION</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>China Construction Bank Corporation, Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002H1"/>
        </identifiers>
        <balance>4236000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>3479569.01000000</valUSD>
        <pctVal>0.627860286973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASUSTEK COMPUTER INC</name>
        <lei>254900B3WB4OGRB7HM13</lei>
        <title>Asustek Computer, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002357001"/>
        </identifiers>
        <balance>52000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>950919.25000000</valUSD>
        <pctVal>0.171585742796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAL-COMP ELECTRONICS THAILAND PUBLIC CO LTD</name>
        <lei>894500RJVZSIJ6N82707</lei>
        <title>Cal-Comp Electronics Thailand pcl ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0639010R13"/>
        </identifiers>
        <balance>1251400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>223769.16000000</valUSD>
        <pctVal>0.040377348059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHARMA RESH PRODS CO LTD</name>
        <lei>988400WCI2SXC6H7SG23</lei>
        <title>PharmaResearch Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7214450009"/>
        </identifiers>
        <balance>2715.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>719120.00000000</valUSD>
        <pctVal>0.129759429478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI ARABIAN OIL CO</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA14TG012N13"/>
        </identifiers>
        <balance>243745.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>1647959.43000000</valUSD>
        <pctVal>0.297361046056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC JT STK CO OIL CO LUKOIL</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0009024277"/>
        </identifiers>
        <balance>23359.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>0.03000000</valUSD>
        <pctVal>0.000000005413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIENT CEMENT LTD, HYDERABAD</name>
        <lei>335800GWMUH19K5PDZ48</lei>
        <title>Orient Cement, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE876N01018"/>
        </identifiers>
        <balance>30642.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>126751.42000000</valUSD>
        <pctVal>0.022871275927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PERSISTENT SYSTEMS LTD, PUNE</name>
        <lei>3358006QYD77Z66S1J89</lei>
        <title>Persistent Systems, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE262H01021"/>
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        <balance>31021.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1952299.37000000</valUSD>
        <pctVal>0.352276744385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HDFC BK LTD</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC Bank, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE040A01034"/>
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        <balance>299586.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>6804783.01000000</valUSD>
        <pctVal>1.227868451860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CRRC CORP LTD</name>
        <lei>30030099HATQH2XC0B72</lei>
        <title>CRRC Corporation, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000BG0"/>
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        <balance>3819000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2356895.09000000</valUSD>
        <pctVal>0.425282793162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VK CO LTD</name>
        <lei>2138009IXUP41SPL5B50</lei>
        <title>VK IPJSC GDR</title>
        <cusip>560317208</cusip>
        <identifiers>
          <isin value="US5603172082"/>
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        <balance>17004.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>0.02000000</valUSD>
        <pctVal>0.000000003608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL BANK OF KUWAIT</name>
        <lei>549300NB7FE83IH6BW96</lei>
        <title>National Bank of Kuwait KSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KW0EQ0100010"/>
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        <balance>494266.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt="0.30650000"/>
        <valUSD>1537123.72000000</valUSD>
        <pctVal>0.277361632196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ADANI POWER LTD AHMEDABAD</name>
        <lei>33580074T4XKFXBDG813</lei>
        <title>Adani Power, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE814H01011"/>
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        <balance>99235.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>623539.42000000</valUSD>
        <pctVal>0.112512681327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WUXI APPTEC CO LTD</name>
        <lei>254900OEPQLZSPLN9175</lei>
        <title>WuXi AppTec Company, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003F19"/>
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        <balance>132900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1027130.97000000</valUSD>
        <pctVal>0.185337535692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yuexiu Property Company Ltd</name>
        <lei>529900GASK6R1FD08W10</lei>
        <title>Yuexiu Property Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000745908"/>
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        <balance>1502000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>906505.88000000</valUSD>
        <pctVal>0.163571706818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CJ CORPORATION</name>
        <lei>N/A</lei>
        <title>CJ Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7001040005"/>
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        <balance>6685.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>584360.22000000</valUSD>
        <pctVal>0.105443109296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MEDIA TEK INCORPORATION</name>
        <lei>254900UEGBK1I4DM4E14</lei>
        <title>MediaTek, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002454006"/>
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        <balance>184000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>7818730.76000000</valUSD>
        <pctVal>1.410827181364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI MOTOR CO LTD</name>
        <lei>9884004RQX8PRBXQ8S60</lei>
        <title>Hyundai Motor Company, Preferred</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7005381009"/>
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        <balance>26830.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>2827695.54000000</valUSD>
        <pctVal>0.510234953845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SOUTHERN AIRLINES COMPANY LTD</name>
        <lei>529900AJQ1Q18ABYVX84</lei>
        <title>China Southern Airlines Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FG0"/>
        </identifiers>
        <balance>3097200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>2392360.13000000</valUSD>
        <pctVal>0.431682174846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA FEIHE LTD</name>
        <lei>N/A</lei>
        <title>China Feihe, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2121Q1055"/>
        </identifiers>
        <balance>2099000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1586206.47000000</valUSD>
        <pctVal>0.286218220300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TURK HAVA YOLLARI AO</name>
        <lei>789000EV8M3BL7ZPFB03</lei>
        <title>Turk Hava Yollari Anonim Ortakligi</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRATHYAO91M5"/>
        </identifiers>
        <balance>359154.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="38.49475000"/>
        <valUSD>2664896.01000000</valUSD>
        <pctVal>0.480859085934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Discount Notes</title>
        <cusip>313589HG1</cusip>
        <identifiers>
          <isin value="US313589HG19"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>298084.17000000</valUSD>
        <pctVal>0.053786894865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMBEV S A</name>
        <lei>549300TH5Q6VRP8OT012</lei>
        <title>Ambev SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRABEVACNOR1"/>
        </identifiers>
        <balance>1473200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>3792578.52000000</valUSD>
        <pctVal>0.684340339592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAPITEC BANK HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>Capitec Bank Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000035861"/>
        </identifiers>
        <balance>658.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>122128.93000000</valUSD>
        <pctVal>0.022037184725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAJAJ AUTO LTD</name>
        <lei>335800DLAO5NCNN8G863</lei>
        <title>Bajaj Auto, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE917I01010"/>
        </identifiers>
        <balance>28825.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>2738578.78000000</valUSD>
        <pctVal>0.494154550109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L.T.OVERSEAS LTD</name>
        <lei>3358008WEECK49DUO516</lei>
        <title>LT Foods, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE818H01020"/>
        </identifiers>
        <balance>90349.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>370935.27000000</valUSD>
        <pctVal>0.066932290867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK HYNIX INC</name>
        <lei>988400XAIK6XISWQV045</lei>
        <title>SK Hynix, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7000660001"/>
        </identifiers>
        <balance>16453.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>2052891.77000000</valUSD>
        <pctVal>0.370427835209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS S A</name>
        <lei>529900RM0MTMZL9O5050</lei>
        <title>JBS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRJBSSACNOR8"/>
        </identifiers>
        <balance>178800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>1381528.24000000</valUSD>
        <pctVal>0.249285677259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CURY CONSTRUTORA E INCORPORADORA LTDA</name>
        <lei>N/A</lei>
        <title>Cury Construtora e Incorporadora SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRCURYACNOR3"/>
        </identifiers>
        <balance>317700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.67515000"/>
        <valUSD>1534436.45000000</valUSD>
        <pctVal>0.276876735903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QATAR TELECOM Q-TEL</name>
        <lei>549300D3EIDZJB62TR20</lei>
        <title>Ooredoo QPSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA0007227737"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>3.56000000</valUSD>
        <pctVal>0.000000642373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>GS Holdings Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7078930005"/>
        </identifiers>
        <balance>66311.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>1803074.57000000</valUSD>
        <pctVal>0.325350327497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORLEN SA</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>Orlen SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PLPKN0000018"/>
        </identifiers>
        <balance>30954.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.77985000"/>
        <valUSD>558978.31000000</valUSD>
        <pctVal>0.100863147453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTE CORPORATION</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE Corporation, Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004Y2"/>
        </identifiers>
        <balance>263000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>776410.04000000</valUSD>
        <pctVal>0.140096957158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QUANTA COMPUTER INC</name>
        <lei>529900DE8BIV3XOXIK04</lei>
        <title>Quanta Computer, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002382009"/>
        </identifiers>
        <balance>46000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.98300000"/>
        <valUSD>345583.79000000</valUSD>
        <pctVal>0.062357819873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLD FIELDS LTD NEW</name>
        <lei>5299003KXIBJQYCBBD72</lei>
        <title>Gold Fields, Ltd. ADR</title>
        <cusip>38059T106</cusip>
        <identifiers>
          <isin value="US38059T1060"/>
        </identifiers>
        <balance>32211.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>726035.94000000</valUSD>
        <pctVal>0.131007355316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUMANSOFT HOLDING CO K.S.C.C.</name>
        <lei>N/A</lei>
        <title>HumanSoft Holding Company KSCC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KW0EQ0601694"/>
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        <balance>93035.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt="0.30650000"/>
        <valUSD>720530.11000000</valUSD>
        <pctVal>0.130013872504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABU DHABI COMMERCIAL BANK</name>
        <lei>213800RWVKKIRX1AUH58</lei>
        <title>Abu Dhabi Commercial Bank PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AEA000201011"/>
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        <balance>76465.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>242306.17000000</valUSD>
        <pctVal>0.043722202662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFOSYS LTD</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>Infosys, Ltd. ADR</title>
        <cusip>456788108</cusip>
        <identifiers>
          <isin value="US4567881085"/>
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        <balance>100469.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1768254.40000000</valUSD>
        <pctVal>0.319067307426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CUMMINS INDIA LTD</name>
        <lei>3358002PR6NKJRU4YS77</lei>
        <title>Cummins India, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE298A01020"/>
        </identifiers>
        <balance>23117.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>793716.88000000</valUSD>
        <pctVal>0.143219837462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCB X PCL</name>
        <lei>254900TG41KIWX7VDO42</lei>
        <title>SCB X pcl NVDR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="THA790010R17"/>
        </identifiers>
        <balance>475800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>1695409.47000000</valUSD>
        <pctVal>0.305923024751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWSZECHNY ZAKLAD UBEZPIECZEN SA</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>Powszechny Zaklad Ubezpieczen SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PLPZU0000011"/>
        </identifiers>
        <balance>180308.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.77985000"/>
        <valUSD>2812951.25000000</valUSD>
        <pctVal>0.507574465111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TENCENT HLDGS LTD</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>Tencent Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
        </identifiers>
        <balance>508900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>31170610.70000000</valUSD>
        <pctVal>5.624486401333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIYAD BANK</name>
        <lei>54930037RJ782ISGGM71</lei>
        <title>Riyad Bank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA0007879048"/>
        </identifiers>
        <balance>18939.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75095000"/>
        <valUSD>155475.24000000</valUSD>
        <pctVal>0.028054258594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSAL SCIENTIFIC INDL SHANGHAI CO LTD</name>
        <lei>655600ZQ6P2GFIBK8C07</lei>
        <title>Universal Scientific Industrial Shanghai Company, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001BZ8"/>
        </identifiers>
        <balance>276700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.26280000"/>
        <valUSD>528443.74000000</valUSD>
        <pctVal>0.095353429488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIDILITE INDUSTRIES LTD</name>
        <lei>335800APXGEBZ349GN74</lei>
        <title>Pidilite Industries, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE318A01026"/>
        </identifiers>
        <balance>10841.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>389734.66000000</valUSD>
        <pctVal>0.070324489834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARUTI SUZUKI INDIA LTD</name>
        <lei>335800D27PBEESKKD357</lei>
        <title>Maruti Suzuki India, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE585B01010"/>
        </identifiers>
        <balance>20711.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>3002135.80000000</valUSD>
        <pctVal>0.541711298009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL BANK OF ABU DHABI</name>
        <lei>2138002Y3WMK6RZS8H90</lei>
        <title>First Abu Dhabi Bank PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AEN000101016"/>
        </identifiers>
        <balance>319041.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>1305391.86000000</valUSD>
        <pctVal>0.235547478862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BYD COMPANY LTD</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD Company, Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000296"/>
        </identifiers>
        <balance>40500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>1923597.95000000</valUSD>
        <pctVal>0.347097803618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEPKOR HLDGS LTD</name>
        <lei>3789006D677C34F69875</lei>
        <title>Pepkor Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000259479"/>
        </identifiers>
        <balance>714889.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.60125000"/>
        <valUSD>1034883.56000000</valUSD>
        <pctVal>0.186736428304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POP MART INTL GROUP LTD</name>
        <lei>9845000A05E8F937E337</lei>
        <title>Pop Mart International Group, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG7170M1033"/>
        </identifiers>
        <balance>116200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>2898174.98000000</valUSD>
        <pctVal>0.522952402844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COCA-COLA FEMSA S A B DE C V</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>Coca-Cola FEMSA SAB de CV ADR</title>
        <cusip>191241108</cusip>
        <identifiers>
          <isin value="US1912411089"/>
        </identifiers>
        <balance>31330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2949092.90000000</valUSD>
        <pctVal>0.532140132638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADVANCED INFO SVC PUB CO LTD</name>
        <lei>529900DU2YW1NO5RMU78</lei>
        <title>Advanced Info Service pcl NVDR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0268010R11"/>
        </identifiers>
        <balance>584800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.40500000"/>
        <valUSD>5158332.73000000</valUSD>
        <pctVal>0.930779719803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEELY AUTOMOBILE HOLDINGS LTD</name>
        <lei>549300YS3T1KVQ2SNI84</lei>
        <title>Geely Automobile Holdings, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3777B1032"/>
        </identifiers>
        <balance>1614000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75560000"/>
        <valUSD>3388273.93000000</valUSD>
        <pctVal>0.611386822885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>O J S C POLYUS GOLD</name>
        <lei>549300FUXVT7TF6ZKV71</lei>
        <title>Polyus PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JNAA8"/>
        </identifiers>
        <balance>26150.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="82.00000000"/>
        <valUSD>0.03000000</valUSD>
        <pctVal>0.000000005413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI MOTOR CO LTD</name>
        <lei>9884004RQX8PRBXQ8S60</lei>
        <title>Hyundai Motor Company, 2nd Preferred</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7005382007"/>
        </identifiers>
        <balance>14053.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>1508581.77000000</valUSD>
        <pctVal>0.272211466510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HINDUSTAN AERONAUTICS LTD</name>
        <lei>335800AKDC7T933T3I86</lei>
        <title>Hindustan Aeronautics, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE066F01020"/>
        </identifiers>
        <balance>28790.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="84.48375000"/>
        <valUSD>1526691.62000000</valUSD>
        <pctVal>0.275479243520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial Bank Of Qatar</name>
        <lei>2138004FUUD4I7X8H721</lei>
        <title>Commercial Bank PSQC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="QA0007227752"/>
        </identifiers>
        <balance>378839.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>447893.52000000</valUSD>
        <pctVal>0.080818789106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="For derivatives owned, if any, Unrealized Appreciation/Depreciation is reported as Value for future and swap type derivatives.  Actual security Value is reported for option type derivatives." noteItem="C.2.c"/>
      <explntrNote note="The daily NAV is calculated on a T+1 basis on most days. The current exception to this occurs on the fiscal quarter ends. On these fiscal quarter end dates, the NAV is calculated on a T+0 basis." noteItem="B.1.c"/>
      <explntrNote note="CNY is the ISO Currency Code for Renminbi, or Chinese yuan. It is used for investments trading on and offshore." noteItem="C.2.b"/>
      <explntrNote note="Data presented is directly from day-to-day accounting records of Fund used to calculate net asset value per share.  It does not reflect adjustments necessary to make data GAAP compliant, such as reclassifying prepaid expenses, expenses reimbursements, and/or any other related adjustments." noteItem="B.1.b"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Thrivent Core Funds</ncom:nameOfApplicant>
      <ncom:signature>Sarah L. Bergstrom</ncom:signature>
      <ncom:signerName>Sarah L. Bergstrom</ncom:signerName>
      <ncom:title>Treasurer and Principal Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
