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    <isConfidential>false</isConfidential>
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          <cik>0001710607</cik>
          <ccc>XXXXXXXX</ccc>
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        <classId>C000214352</classId>
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      <regFileNumber>811-23305</regFileNumber>
      <regCik>0001710607</regCik>
      <regLei>5493006IKK34YJD98183</regLei>
      <regStreet1>4500 Main St</regStreet1>
      <regCity>Kansas City</regCity>
      <regStateConditional regCountry="US" regState="US-MO"/>
      <regZipOrPostalCode>64111</regZipOrPostalCode>
      <regPhone>816-531-5575</regPhone>
      <seriesName>Avantis International Small Cap Value ETF</seriesName>
      <seriesId>S000066457</seriesId>
      <seriesLei>549300IHSLZS0JQXM287</seriesLei>
      <repPdEnd>2021-08-31</repPdEnd>
      <repPdDate>2021-02-28</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>10551154.970000000000</totLiabs>
      <netAssets>472372190.540000000000</netAssets>
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      <assetsInvested>0.000000000000</assetsInvested>
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        <aggregateInfos>
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      <mon3Flow redemption="0" reinvestment="0" sales="27097488"/>


    </fundInfo>
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        <name>Mitsubishi Kakoki Kaisha Ltd</name>
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        <name>Modern Times Group MTG AB</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Kohnan Shoji Co Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SEC Carbon Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nomura Micro Science Co Ltd</name>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Trican Well Service Ltd</name>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Konica Minolta Inc</name>
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        <title>Konica Minolta Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>Collector AB</name>
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        <title>Collector AB</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="83185.050000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Autoneum Holding AG</name>
        <lei>549300FL07XZC5MNXS47</lei>
        <title>Autoneum Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0127480363"/>
          <ticker value="AUTN"/>
          <other otherDesc="SEDOL" value="B4YCYX0"/>
        </identifiers>
        <balance>6893.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>1239359.8000000000</valUSD>
        <pctVal>0.2623693403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="84756.020000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seven Bank Ltd</name>
        <lei>N/A</lei>
        <title>Seven Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105220002"/>
          <ticker value="8410"/>
          <other otherDesc="SEDOL" value="B2NT8S1"/>
        </identifiers>
        <balance>200500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>454123.7800000000</valUSD>
        <pctVal>0.0961368576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="339624.580000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aeon Mall Co Ltd</name>
        <lei>N/A</lei>
        <title>Aeon Mall Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131430005"/>
          <ticker value="8905"/>
          <other otherDesc="SEDOL" value="6534202"/>
        </identifiers>
        <balance>11300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>191227.3100000000</valUSD>
        <pctVal>0.0404823387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="141195.260000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Premier Oil PLC</name>
        <lei>213800YPC42DYBKVPF97</lei>
        <title>Premier Oil PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B43G0577"/>
          <ticker value="PMO"/>
          <other otherDesc="SEDOL" value="B43G057"/>
        </identifiers>
        <balance>386397.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>153442.4200000000</valUSD>
        <pctVal>0.0324833729</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="112754.350000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keyera Corp</name>
        <lei>N/A</lei>
        <title>Keyera Corp</title>
        <cusip>493271100</cusip>
        <identifiers>
          <isin value="CA4932711001"/>
          <ticker value="KEY"/>
          <other otherDesc="SEDOL" value="B3SGMV5"/>
        </identifiers>
        <balance>79765.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1546285.2000000000</valUSD>
        <pctVal>0.3273446725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1181929.530000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiss Steel Holding AG</name>
        <lei>529900PTQ0Z1J44SHZ08</lei>
        <title>Swiss Steel Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0005795668"/>
          <ticker value="STLN"/>
          <other otherDesc="SEDOL" value="4936394"/>
        </identifiers>
        <balance>983193.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>305593.4400000000</valUSD>
        <pctVal>0.0646933596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="215281.360000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sugi Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Sugi Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3397060009"/>
          <ticker value="7649"/>
          <other otherDesc="SEDOL" value="6259011"/>
        </identifiers>
        <balance>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>285380.0200000000</valUSD>
        <pctVal>0.0604142297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="208798.800000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advantage Oil &amp; Gas Ltd</name>
        <lei>549300WK5YRPOB2DTT64</lei>
        <title>Advantage Oil &amp; Gas Ltd</title>
        <cusip>00765F101</cusip>
        <identifiers>
          <isin value="CA00765F1018"/>
          <ticker value="AAV"/>
          <other otherDesc="SEDOL" value="B66PKS8"/>
        </identifiers>
        <balance>58092.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>118685.5300000000</valUSD>
        <pctVal>0.0251254270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="89182.340000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>International Petroleum Corp/Sweden</name>
        <lei>N/A</lei>
        <title>International Petroleum Corp/Sweden</title>
        <cusip>46016U108</cusip>
        <identifiers>
          <isin value="CA46016U1084"/>
          <ticker value="IPCO"/>
          <other otherDesc="SEDOL" value="BF0L7J5"/>
        </identifiers>
        <balance>51200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>161332.7000000000</valUSD>
        <pctVal>0.0341537252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="121228.210000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air France-KLM</name>
        <lei>969500AQW31GYO8JZD66</lei>
        <title>Air France-KLM</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000031122"/>
          <ticker value="AF"/>
          <other otherDesc="SEDOL" value="4916039"/>
        </identifiers>
        <balance>8.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>53.8100000000</valUSD>
        <pctVal>0.0000113914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="40.420000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vermilion Energy Inc</name>
        <lei>WT03B8BB1IX8WI9ZGV02</lei>
        <title>Vermilion Energy Inc</title>
        <cusip>923725105</cusip>
        <identifiers>
          <isin value="CA9237251058"/>
          <ticker value="VET"/>
          <other otherDesc="SEDOL" value="B607XS1"/>
        </identifiers>
        <balance>94965.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>594743.8700000000</valUSD>
        <pctVal>0.1259057756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="372855.870000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heijmans NV</name>
        <lei>724500OUE3PCA809DZ79</lei>
        <title>Heijmans NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009269109"/>
          <ticker value="HEIJM"/>
          <other otherDesc="SEDOL" value="5075036"/>
        </identifiers>
        <balance>38211.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>622264.7300000000</valUSD>
        <pctVal>0.1317318721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="58445.450000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eco's Co Ltd/Japan</name>
        <lei>N/A</lei>
        <title>Eco's Co Ltd/Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161180009"/>
          <ticker value="7520"/>
          <other otherDesc="SEDOL" value="6173434"/>
        </identifiers>
        <balance>4000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>68178.0600000000</valUSD>
        <pctVal>0.0144331232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="51130.370000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGEAC-AERO</name>
        <lei>96950052GK4O22I70Y62</lei>
        <title>FIGEAC-AERO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0011665280"/>
          <ticker value="FGA"/>
          <other otherDesc="SEDOL" value="BHC8KJ9"/>
        </identifiers>
        <balance>5760.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>35716.6500000000</valUSD>
        <pctVal>0.0075611246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="25856.890000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Television Francaise 1</name>
        <lei>969500WQFC6OAQYG7E65</lei>
        <title>Television Francaise 1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000054900"/>
          <ticker value="TFI"/>
          <other otherDesc="SEDOL" value="5997118"/>
        </identifiers>
        <balance>43951.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>383033.3600000000</valUSD>
        <pctVal>0.0810871952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="235920.120000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Alleanza Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Alleanza Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3500050004"/>
          <ticker value="3546"/>
          <other otherDesc="SEDOL" value="BDCC9J6"/>
        </identifiers>
        <balance>6500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>77162.8400000000</valUSD>
        <pctVal>0.0163351784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="53160.450000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Porr Ag</name>
        <lei>529900ARBU9SBJFNX419</lei>
        <title>Porr Ag</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000609607"/>
          <ticker value="POS"/>
          <other otherDesc="SEDOL" value="4019950"/>
        </identifiers>
        <balance>4165.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>76818.0100000000</valUSD>
        <pctVal>0.0162621788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="57735.340000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NuVista Energy Ltd</name>
        <lei>549300MG32TDSM60SX75</lei>
        <title>NuVista Energy Ltd</title>
        <cusip>67072Q104</cusip>
        <identifiers>
          <isin value="CA67072Q1046"/>
          <ticker value="NVA"/>
          <other otherDesc="SEDOL" value="2901167"/>
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        <balance>102213.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>159030.1300000000</valUSD>
        <pctVal>0.0336662770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="117793.060000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>goeasy Ltd</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>goeasy Ltd</title>
        <cusip>380355107</cusip>
        <identifiers>
          <isin value="CA3803551074"/>
          <ticker value="GSY"/>
          <other otherDesc="SEDOL" value="BYR11M2"/>
        </identifiers>
        <balance>5412.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>527718.9100000000</valUSD>
        <pctVal>0.1117167608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="396537.210000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Obrascon Huarte Lain SA</name>
        <lei>95980020140005395317</lei>
        <title>Obrascon Huarte Lain SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0142090317"/>
          <ticker value="OHL"/>
          <other otherDesc="SEDOL" value="5379749"/>
        </identifiers>
        <balance>171879.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>121458.9400000000</valUSD>
        <pctVal>0.0257125509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="91249.340000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Solutions 30 SE</name>
        <lei>2221003G8BRH3CPABK72</lei>
        <title>Solutions 30 SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013379484"/>
          <ticker value="S30"/>
          <other otherDesc="SEDOL" value="BD5FFX8"/>
        </identifiers>
        <balance>46696.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>546418.9100000000</valUSD>
        <pctVal>0.1156755035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="354255.250000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Izumi Co Ltd</name>
        <lei>N/A</lei>
        <title>Izumi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3138400001"/>
          <ticker value="8273"/>
          <other otherDesc="SEDOL" value="6468152"/>
        </identifiers>
        <balance>400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>14898.6200000000</valUSD>
        <pctVal>0.0031540002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="11073.090000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Klovern AB</name>
        <lei>549300D4GJAZR1EMIA07</lei>
        <title>Klovern AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006593919"/>
          <ticker value="KLOVB"/>
          <other otherDesc="SEDOL" value="BTJR9M9"/>
        </identifiers>
        <balance>700535.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1062046.7000000000</valUSD>
        <pctVal>0.2248326047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="207026.170000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Birchcliff Energy Ltd</name>
        <lei>5493000BBN3EF2L0XW29</lei>
        <title>Birchcliff Energy Ltd</title>
        <cusip>090697103</cusip>
        <identifiers>
          <isin value="CA0906971035"/>
          <ticker value="BIR"/>
          <other otherDesc="SEDOL" value="B0B55N1"/>
        </identifiers>
        <balance>124714.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>291058.1300000000</valUSD>
        <pctVal>0.0616162712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="223269.090000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lawson Inc</name>
        <lei>N/A</lei>
        <title>Lawson Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3982100004"/>
          <ticker value="2651"/>
          <other otherDesc="SEDOL" value="6266914"/>
        </identifiers>
        <balance>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>84439.6100000000</valUSD>
        <pctVal>0.0178756522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="60665.150000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pan African Resources PLC</name>
        <lei>213800EAXURCXMX6RL85</lei>
        <title>Pan African Resources PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004300496"/>
          <ticker value="PAF"/>
          <other otherDesc="SEDOL" value="0430049"/>
        </identifiers>
        <balance>893558.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>212151.7400000000</valUSD>
        <pctVal>0.0449119877</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="10828.750000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Precision Drilling Corp</name>
        <lei>549300WF2OE8T5BP4B84</lei>
        <title>Precision Drilling Corp</title>
        <cusip>74022D407</cusip>
        <identifiers>
          <isin value="CA74022D4075"/>
          <ticker value="PD"/>
          <other otherDesc="SEDOL" value="BLH2T08"/>
        </identifiers>
        <balance>7195.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>166221.1200000000</valUSD>
        <pctVal>0.0351885914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="69275.890000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tamarack Valley Energy Ltd</name>
        <lei>N/A</lei>
        <title>Tamarack Valley Energy Ltd</title>
        <cusip>87505Y409</cusip>
        <identifiers>
          <isin value="CA87505Y4094"/>
          <ticker value="TVE"/>
          <other otherDesc="SEDOL" value="B8J3TH5"/>
        </identifiers>
        <balance>143413.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>242289.7600000000</valUSD>
        <pctVal>0.0512921304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="23070.780000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Siltronic AG</name>
        <lei>N/A</lei>
        <title>Siltronic AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000WAF3019"/>
          <ticker value="WAF1"/>
          <other otherDesc="SEDOL" value="BN49111"/>
        </identifiers>
        <balance>12781.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>2129629.5000000000</valUSD>
        <pctVal>0.4508371878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1598949.520000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daicel Corp</name>
        <lei>353800ZG4XF6D7NZGS72</lei>
        <title>Daicel Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3485800001"/>
          <ticker value="4202"/>
          <other otherDesc="SEDOL" value="6250542"/>
        </identifiers>
        <balance>81700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>607045.5200000000</valUSD>
        <pctVal>0.1285100038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="446300.400000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tassal Group Ltd</name>
        <lei>N/A</lei>
        <title>Tassal Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000TGR4"/>
          <ticker value="TGR"/>
          <other otherDesc="SEDOL" value="6710701"/>
        </identifiers>
        <balance>80314.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>209076.1400000000</valUSD>
        <pctVal>0.0442608909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="157022.100000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toda Corp</name>
        <lei>N/A</lei>
        <title>Toda Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3627000007"/>
          <ticker value="1860"/>
          <other otherDesc="SEDOL" value="6893884"/>
        </identifiers>
        <balance>6000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>41334.6100000000</valUSD>
        <pctVal>0.0087504326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="6828.640000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon House Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon House Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3783500006"/>
          <ticker value="1873"/>
          <other otherDesc="SEDOL" value="6425511"/>
        </identifiers>
        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>6505.4100000000</valUSD>
        <pctVal>0.0013771789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3230.470000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Investment Adviser Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan Investment Adviser Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389470000"/>
          <ticker value="7172"/>
          <other otherDesc="SEDOL" value="BQ25C20"/>
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        <balance>9700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>124062.6200000000</valUSD>
        <pctVal>0.0262637434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="88378.360000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Gold International Resources Corp Ltd</name>
        <lei>N/A</lei>
        <title>China Gold International Resources Corp Ltd</title>
        <cusip>16890P103</cusip>
        <identifiers>
          <isin value="CA16890P1036"/>
          <ticker value="CGG"/>
          <other otherDesc="SEDOL" value="2750488"/>
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        <balance>89344.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>216936.1600000000</valUSD>
        <pctVal>0.0459248373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="112633.500000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MrMax Holdings Ltd</name>
        <lei>N/A</lei>
        <title>MrMax Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3885200000"/>
          <ticker value="8203"/>
          <other otherDesc="SEDOL" value="6550628"/>
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        <balance>9700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>65884.0600000000</valUSD>
        <pctVal>0.0139474891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="48940.690000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Air New Zealand Ltd</name>
        <lei>2549005EEIR2FNT5R792</lei>
        <title>Air New Zealand Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZAIRE0001S2"/>
          <ticker value="AIR"/>
          <other otherDesc="SEDOL" value="6426484"/>
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        <balance>762965.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.3839870000"/>
        <valUSD>871563.9500000000</valUSD>
        <pctVal>0.1845078875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="25070.480000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Sanei Architecture Planning Co Ltd</name>
        <lei>353800VPV3N1CE90BC68</lei>
        <title>Sanei Architecture Planning Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3324700008"/>
          <ticker value="3228"/>
          <other otherDesc="SEDOL" value="B1BNYP7"/>
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        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>25364.6100000000</valUSD>
        <pctVal>0.0053696239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="9511.320000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Peyto Exploration &amp; Development Corp</name>
        <lei>549300WZKJ63UJDWP310</lei>
        <title>Peyto Exploration &amp; Development Corp</title>
        <cusip>717046106</cusip>
        <identifiers>
          <isin value="CA7170461064"/>
          <ticker value="PEY"/>
          <other otherDesc="SEDOL" value="B6775F5"/>
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        <balance>82516.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>386449.2800000000</valUSD>
        <pctVal>0.0818103368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="7915.700000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon Flush Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Flush Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3756230003"/>
          <ticker value="7820"/>
          <other otherDesc="SEDOL" value="B2NJ3J7"/>
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        <balance>3600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>39206.6800000000</valUSD>
        <pctVal>0.0082999552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="21780.360000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Etablissements Maurel et Prom SA</name>
        <lei>969500ZTYI9C1C594X25</lei>
        <title>Etablissements Maurel et Prom SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000051070"/>
          <ticker value="MAU"/>
          <other otherDesc="SEDOL" value="B05DY78"/>
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        <balance>41754.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>95364.7300000000</valUSD>
        <pctVal>0.0201884725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="5726.600000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DO &amp; CO AG</name>
        <lei>5299002NFQKOBT1E8569</lei>
        <title>DO &amp; CO AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000818802"/>
          <ticker value="DOC"/>
          <other otherDesc="SEDOL" value="5492345"/>
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        <balance>410.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>31819.4400000000</valUSD>
        <pctVal>0.0067360951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="23882.130000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Comercial Portugues SA</name>
        <lei>JU1U6S0DG9YLT7N8ZV32</lei>
        <title>Banco Comercial Portugues SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTBCP0AM0015"/>
          <ticker value="BCP"/>
          <other otherDesc="SEDOL" value="BZCNN35"/>
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        <balance>5940319.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>839691.6700000000</valUSD>
        <pctVal>0.1777606063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="597.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanken Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanken Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3329600005"/>
          <ticker value="6707"/>
          <other otherDesc="SEDOL" value="6774785"/>
        </identifiers>
        <balance>4900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>251490.7600000000</valUSD>
        <pctVal>0.0532399589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="151956.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichigo Inc</name>
        <lei>N/A</lei>
        <title>Ichigo Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3120010008"/>
          <ticker value="2337"/>
          <other otherDesc="SEDOL" value="6549767"/>
        </identifiers>
        <balance>6500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>21518.8000000000</valUSD>
        <pctVal>0.0045554756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="15958.890000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Russel Metals Inc</name>
        <lei>5493005F9VPHFO17OV54</lei>
        <title>Russel Metals Inc</title>
        <cusip>781903604</cusip>
        <identifiers>
          <isin value="CA7819036046"/>
          <ticker value="RUS"/>
          <other otherDesc="SEDOL" value="2248808"/>
        </identifiers>
        <balance>29839.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>581023.4300000000</valUSD>
        <pctVal>0.1230011930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="427846.370000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Etrion Corp</name>
        <lei>549300PLK6HDBY7WQP24</lei>
        <title>Etrion Corp</title>
        <cusip>29786T105</cusip>
        <identifiers>
          <isin value="CA29786T1057"/>
          <ticker value="ETX"/>
          <other otherDesc="SEDOL" value="2942371"/>
        </identifiers>
        <balance>7000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>2172.7200000000</valUSD>
        <pctVal>0.0004599593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1617.060000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Furukawa Battery Co Ltd/The</name>
        <lei>N/A</lei>
        <title>Furukawa Battery Co Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3827600002"/>
          <ticker value="6937"/>
          <other otherDesc="SEDOL" value="6357528"/>
        </identifiers>
        <balance>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>39675.1600000000</valUSD>
        <pctVal>0.0083991312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="28927.920000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VPower Group International Holdings Ltd</name>
        <lei>529900NHKUJSH9NFD849</lei>
        <title>VPower Group International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG939541085"/>
          <ticker value="1608"/>
          <other otherDesc="SEDOL" value="BYX5WZ8"/>
        </identifiers>
        <balance>88000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>25287.9000000000</valUSD>
        <pctVal>0.0053533846</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="15542.670000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Western Bank</name>
        <lei>549300QG7XFGLKN6HL17</lei>
        <title>Canadian Western Bank</title>
        <cusip>13677F101</cusip>
        <identifiers>
          <isin value="CA13677F1018"/>
          <ticker value="CWB"/>
          <other otherDesc="SEDOL" value="2188283"/>
        </identifiers>
        <balance>35217.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>925670.7900000000</valUSD>
        <pctVal>0.1959621689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="600636.110000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Senex Energy Ltd</name>
        <lei>261700ZXBROOT65KIC41</lei>
        <title>Senex Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SXY7"/>
          <ticker value="SXY"/>
          <other otherDesc="SEDOL" value="6929325"/>
        </identifiers>
        <balance>892886.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>253879.9100000000</valUSD>
        <pctVal>0.0537457359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="125139.980000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maeda Corp</name>
        <lei>N/A</lei>
        <title>Maeda Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3861200008"/>
          <ticker value="1824"/>
          <other otherDesc="SEDOL" value="6554705"/>
        </identifiers>
        <balance>80600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>719984.3800000000</valUSD>
        <pctVal>0.1524188753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="531062.400000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enerplus Corp</name>
        <lei>549300OEXJU0X6FYBQ42</lei>
        <title>Enerplus Corp</title>
        <cusip>292766102</cusip>
        <identifiers>
          <isin value="CA2927661025"/>
          <ticker value="ERF"/>
          <other otherDesc="SEDOL" value="B584T89"/>
        </identifiers>
        <balance>114325.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>553388.3400000000</valUSD>
        <pctVal>0.1171509143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="428169.350000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bright Smart Securities &amp; Commodities Group Ltd</name>
        <lei>N/A</lei>
        <title>Bright Smart Securities &amp; Commodities Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG1644A1004"/>
          <ticker value="1428"/>
          <other otherDesc="SEDOL" value="B54X3L1"/>
        </identifiers>
        <balance>654000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>174467.4000000000</valUSD>
        <pctVal>0.0369343081</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="130941.660000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bic Camera Inc</name>
        <lei>353800MQU1LJXY6N8N97</lei>
        <title>Bic Camera Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3800390001"/>
          <ticker value="3048"/>
          <other otherDesc="SEDOL" value="B194YN0"/>
        </identifiers>
        <balance>50800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>553526.3100000000</valUSD>
        <pctVal>0.1171801222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="406662.440000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resolute Mining Ltd</name>
        <lei>254900MP8JONT590XY28</lei>
        <title>Resolute Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RSG6"/>
          <ticker value="RSG"/>
          <other otherDesc="SEDOL" value="6410636"/>
        </identifiers>
        <balance>707718.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>350571.5300000000</valUSD>
        <pctVal>0.0742151077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="263791.860000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resimac Group Ltd</name>
        <lei>N/A</lei>
        <title>Resimac Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000033094"/>
          <ticker value="RMC"/>
          <other otherDesc="SEDOL" value="BGSH9N0"/>
        </identifiers>
        <balance>18160.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>34194.0900000000</valUSD>
        <pctVal>0.0072388025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="27991.410000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Aeon Fantasy Co Ltd</name>
        <lei>N/A</lei>
        <title>Aeon Fantasy Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131420006"/>
          <ticker value="4343"/>
          <other otherDesc="SEDOL" value="6439255"/>
        </identifiers>
        <balance>3100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>74483.5200000000</valUSD>
        <pctVal>0.0157679731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="54813.360000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Haitong International Securities Group Ltd</name>
        <lei>549300Q1JC7X89PPGN26</lei>
        <title>Haitong International Securities Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4232X1020"/>
          <ticker value="665"/>
          <other otherDesc="SEDOL" value="6898908"/>
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        <balance>731000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>225753.1800000000</valUSD>
        <pctVal>0.0477913782</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="168983.790000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Takashimaya Co Ltd</name>
        <lei>N/A</lei>
        <title>Takashimaya Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3456000003"/>
          <ticker value="8233"/>
          <other otherDesc="SEDOL" value="6870401"/>
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        <balance>51000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>524584.3900000000</valUSD>
        <pctVal>0.1110531908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="310737.420000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Fuji Co Ltd/Ehime</name>
        <lei>N/A</lei>
        <title>Fuji Co Ltd/Ehime</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3807400001"/>
          <ticker value="8278"/>
          <other otherDesc="SEDOL" value="6356246"/>
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        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>25667.8400000000</valUSD>
        <pctVal>0.0054338169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="18767.970000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Avance Gas Holding Ltd</name>
        <lei>5493009VK043S9CL8W20</lei>
        <title>Avance Gas Holding Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG067231032"/>
          <ticker value="AVANCE"/>
          <other otherDesc="SEDOL" value="BFH4P48"/>
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        <balance>69742.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>261373.0800000000</valUSD>
        <pctVal>0.0553320211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="175347.610000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Iwatani Corp</name>
        <lei>353800TSKIDNENNV2L96</lei>
        <title>Iwatani Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3151600008"/>
          <ticker value="8088"/>
          <other otherDesc="SEDOL" value="6468204"/>
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        <balance>8500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>487735.1800000000</valUSD>
        <pctVal>0.1032523061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="24731.690000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suruga Bank Ltd</name>
        <lei>3538003A9JIMKE5G3M02</lei>
        <title>Suruga Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3411000007"/>
          <ticker value="8358"/>
          <other otherDesc="SEDOL" value="6864329"/>
        </identifiers>
        <balance>88500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>296393.9300000000</valUSD>
        <pctVal>0.0627458466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="206078.580000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asahi Co Ltd</name>
        <lei>N/A</lei>
        <title>Asahi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3110500000"/>
          <ticker value="3333"/>
          <other otherDesc="SEDOL" value="B01WP21"/>
        </identifiers>
        <balance>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>102598.7200000000</valUSD>
        <pctVal>0.0217198900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="76542.660000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seiren Co Ltd</name>
        <lei>N/A</lei>
        <title>Seiren Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3413800008"/>
          <ticker value="3569"/>
          <other otherDesc="SEDOL" value="6793520"/>
        </identifiers>
        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>87452.5400000000</valUSD>
        <pctVal>0.0185134819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="65013.710000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crescent Point Energy Corp</name>
        <lei>549300FTKUHZK8OC7N74</lei>
        <title>Crescent Point Energy Corp</title>
        <cusip>22576C101</cusip>
        <identifiers>
          <isin value="CA22576C1014"/>
          <ticker value="CPG"/>
          <other otherDesc="SEDOL" value="B67C8W8"/>
        </identifiers>
        <balance>332722.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1220974.1800000000</valUSD>
        <pctVal>0.2584771510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="46837.810000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Extendicare Inc</name>
        <lei>5493001DQ0G74DE4CY39</lei>
        <title>Extendicare Inc</title>
        <cusip>30224T863</cusip>
        <identifiers>
          <isin value="CA30224T8639"/>
          <ticker value="EXE"/>
          <other otherDesc="SEDOL" value="B86RZZ0"/>
        </identifiers>
        <balance>34203.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>178459.7800000000</valUSD>
        <pctVal>0.0377794848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="123460.100000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maeda Road Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Maeda Road Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3861600009"/>
          <ticker value="1883"/>
          <other otherDesc="SEDOL" value="6554727"/>
        </identifiers>
        <balance>13700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>279893.3800000000</valUSD>
        <pctVal>0.0592527218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="203762.240000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Whitecap Resources Inc</name>
        <lei>5493004AMPGZA0JO5Q37</lei>
        <title>Whitecap Resources Inc</title>
        <cusip>96467A200</cusip>
        <identifiers>
          <isin value="CA96467A2002"/>
          <ticker value="WCP"/>
          <other otherDesc="SEDOL" value="B418WK4"/>
        </identifiers>
        <balance>242970.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1086358.0900000000</valUSD>
        <pctVal>0.2299792646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="850566.120000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Queensland Ltd</name>
        <lei>549300WFIN7T02UKDG08</lei>
        <title>Bank of Queensland Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BOQ8"/>
          <ticker value="BOQ"/>
          <other otherDesc="SEDOL" value="6076243"/>
        </identifiers>
        <balance>247044.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1674256.4400000000</valUSD>
        <pctVal>0.3544358609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="671515.670000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meiko Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Meiko Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3915350007"/>
          <ticker value="6787"/>
          <other otherDesc="SEDOL" value="6302454"/>
        </identifiers>
        <balance>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>35654.6100000000</valUSD>
        <pctVal>0.0075479909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="18948.760000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Life Corp</name>
        <lei>N/A</lei>
        <title>Life Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3966600003"/>
          <ticker value="8194"/>
          <other otherDesc="SEDOL" value="6515821"/>
        </identifiers>
        <balance>1900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>56065.7100000000</valUSD>
        <pctVal>0.0118689692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="41458.650000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orexo AB</name>
        <lei>549300LJ5CCWDPTK9Z08</lei>
        <title>Orexo AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000736415"/>
          <ticker value="ORX"/>
          <other otherDesc="SEDOL" value="B0MZGM6"/>
        </identifiers>
        <balance>27885.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>147382.3800000000</valUSD>
        <pctVal>0.0312004777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="35366.690000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitchells &amp; Butlers PLC</name>
        <lei>213800JHYNDNB1NS2W10</lei>
        <title>Mitchells &amp; Butlers PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1FP6H53"/>
          <ticker value="MAB"/>
          <other otherDesc="SEDOL" value="B1FP6H5"/>
        </identifiers>
        <balance>122273.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>516479.2900000000</valUSD>
        <pctVal>0.1093373616</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="388557.770000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fullshare Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Fullshare Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3690U1058"/>
          <ticker value="607"/>
          <other otherDesc="SEDOL" value="BSVXB88"/>
        </identifiers>
        <balance>5772500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>119235.8400000000</valUSD>
        <pctVal>0.0252419263</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="33466.160000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMG Advanced Metallurgical Group NV</name>
        <lei>5493006MN6OH67U2YI74</lei>
        <title>AMG Advanced Metallurgical Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000888691"/>
          <ticker value="AMG"/>
          <other otherDesc="SEDOL" value="B1Z95S1"/>
        </identifiers>
        <balance>15102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>549005.2400000000</valUSD>
        <pctVal>0.1162230231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="437984.660000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pressance Corp</name>
        <lei>N/A</lei>
        <title>Pressance Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833300001"/>
          <ticker value="3254"/>
          <other otherDesc="SEDOL" value="B29H1T1"/>
        </identifiers>
        <balance>10100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>140212.7900000000</valUSD>
        <pctVal>0.0296826936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="95766.370000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>V Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>V Technology Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3829900004"/>
          <ticker value="7717"/>
          <other otherDesc="SEDOL" value="6301989"/>
        </identifiers>
        <balance>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>206124.1400000000</valUSD>
        <pctVal>0.0436359600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="155194.510000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tubacex SA</name>
        <lei>95980020140005703680</lei>
        <title>Tubacex SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0132945017"/>
          <ticker value="TUB"/>
          <other otherDesc="SEDOL" value="4908735"/>
        </identifiers>
        <balance>34018.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>55637.5000000000</valUSD>
        <pctVal>0.0117783183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="42902.670000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ocean Yield ASA</name>
        <lei>5967007LIEEXZXGLT422</lei>
        <title>Ocean Yield ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010657448"/>
          <ticker value="OCY"/>
          <other otherDesc="SEDOL" value="BBH7MR1"/>
        </identifiers>
        <balance>12795.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>40745.7500000000</valUSD>
        <pctVal>0.0086257724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="31657.860000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adways Inc</name>
        <lei>N/A</lei>
        <title>Adways Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3121970002"/>
          <ticker value="2489"/>
          <other otherDesc="SEDOL" value="B15F9R6"/>
        </identifiers>
        <balance>12600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>99028.2800000000</valUSD>
        <pctVal>0.0209640368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="70591.750000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bird Construction Inc</name>
        <lei>549300P1WGG3QPKID017</lei>
        <title>Bird Construction Inc</title>
        <cusip>09076P104</cusip>
        <identifiers>
          <isin value="CA09076P1045"/>
          <ticker value="BDT"/>
          <other otherDesc="SEDOL" value="B6621M0"/>
        </identifiers>
        <balance>18959.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>127972.5100000000</valUSD>
        <pctVal>0.0270914572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="21378.410000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petropavlovsk PLC</name>
        <lei>213800ZZOU5P76L8XB92</lei>
        <title>Petropavlovsk PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031544546"/>
          <ticker value="POG"/>
          <other otherDesc="SEDOL" value="3154454"/>
        </identifiers>
        <balance>217106.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>82772.7000000000</valUSD>
        <pctVal>0.0175227716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="57738.410000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nishimatsuya Chain Co Ltd</name>
        <lei>N/A</lei>
        <title>Nishimatsuya Chain Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3659300002"/>
          <ticker value="7545"/>
          <other otherDesc="SEDOL" value="6016926"/>
        </identifiers>
        <balance>16000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>211382.4400000000</valUSD>
        <pctVal>0.0447491288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="70116.240000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Paper Industries Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Paper Industries Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3721600009"/>
          <ticker value="3863"/>
          <other otherDesc="SEDOL" value="B8B8PJ2"/>
        </identifiers>
        <balance>60700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>801954.4700000000</valUSD>
        <pctVal>0.1697717364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="584575.410000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DCM Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>DCM Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3548660004"/>
          <ticker value="3050"/>
          <other otherDesc="SEDOL" value="B1B0V35"/>
        </identifiers>
        <balance>68900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>680598.8600000000</valUSD>
        <pctVal>0.1440810602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="118980.580000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEON Financial Service Co Ltd</name>
        <lei>N/A</lei>
        <title>AEON Financial Service Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131400008"/>
          <ticker value="8570"/>
          <other otherDesc="SEDOL" value="6037734"/>
        </identifiers>
        <balance>13600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>176288.5800000000</valUSD>
        <pctVal>0.0373198473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="131002.920000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio</name>
        <lei>5493008BJIBKQ5KTIF74</lei>
        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Series ID" value="S000009767"/>
        </identifiers>
        <balance>10068460.5000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10068460.5000000000</valUSD>
        <pctVal>2.1314676650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="10068460.500000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Speedy Hire PLC</name>
        <lei>213800U78SIYAZDYXM61</lei>
        <title>Speedy Hire PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0000163088"/>
          <ticker value="SDY"/>
          <other otherDesc="SEDOL" value="0016308"/>
        </identifiers>
        <balance>313059.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>279132.3400000000</valUSD>
        <pctVal>0.0590916116</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>ARC Resources Ltd</name>
        <lei>FIR47I6FEYKYNJBYW622</lei>
        <title>ARC Resources Ltd</title>
        <cusip>00208D408</cusip>
        <identifiers>
          <isin value="CA00208D4084"/>
          <ticker value="ARX"/>
          <other otherDesc="SEDOL" value="B6463M8"/>
        </identifiers>
        <balance>203028.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1215679.2100000000</valUSD>
        <pctVal>0.2573562192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ted Baker PLC</name>
        <lei>549300HN14450OU4IL77</lei>
        <title>Ted Baker PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0001048619"/>
          <ticker value="TED"/>
          <other otherDesc="SEDOL" value="0104861"/>
        </identifiers>
        <balance>120441.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>188785.8000000000</valUSD>
        <pctVal>0.0399654772</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>Brewin Dolphin Holdings PLC</name>
        <lei>213800PS7FS5UYOWAC49</lei>
        <title>Brewin Dolphin Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0001765816"/>
          <ticker value="BRW"/>
          <other otherDesc="SEDOL" value="0176581"/>
        </identifiers>
        <balance>51844.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>211276.8000000000</valUSD>
        <pctVal>0.0447267651</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>Rathbone Brothers PLC</name>
        <lei>213800MBTHM6UE8ZQP29</lei>
        <title>Rathbone Brothers PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002148343"/>
          <ticker value="RAT"/>
          <other otherDesc="SEDOL" value="0214834"/>
        </identifiers>
        <balance>5243.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>112606.7300000000</valUSD>
        <pctVal>0.0238385604</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>Devro PLC</name>
        <lei>549300Z9YLY7LEMLJ904</lei>
        <title>Devro PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002670437"/>
          <ticker value="DVO"/>
          <other otherDesc="SEDOL" value="0267043"/>
        </identifiers>
        <balance>105011.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>255969.9900000000</valUSD>
        <pctVal>0.0541882006</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>Electrocomponents PLC</name>
        <lei>549300KVXDURRKVW7R37</lei>
        <title>Electrocomponents PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0003096442"/>
          <ticker value="ECM"/>
          <other otherDesc="SEDOL" value="0309644"/>
        </identifiers>
        <balance>194052.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2621705.3200000000</valUSD>
        <pctVal>0.5550083965</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>Go-Ahead Group PLC/The</name>
        <lei>2138009TF1SYOMQLBJ60</lei>
        <title>Go-Ahead Group PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0003753778"/>
          <ticker value="GOG"/>
          <other otherDesc="SEDOL" value="0375377"/>
        </identifiers>
        <balance>24242.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>394930.1200000000</valUSD>
        <pctVal>0.0836057092</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>Argonaut Gold Inc</name>
        <lei>54930043XCKI4E8EQR38</lei>
        <title>Argonaut Gold Inc</title>
        <cusip>04016A101</cusip>
        <identifiers>
          <isin value="CA04016A1012"/>
          <ticker value="AR"/>
          <other otherDesc="SEDOL" value="B50H726"/>
        </identifiers>
        <balance>90391.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>145608.6400000000</valUSD>
        <pctVal>0.0308249814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hays PLC</name>
        <lei>213800QC8AWD4BO8TH08</lei>
        <title>Hays PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004161021"/>
          <ticker value="HAS"/>
          <other otherDesc="SEDOL" value="0416102"/>
        </identifiers>
        <balance>844873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1789726.9300000000</valUSD>
        <pctVal>0.3788806720</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>Hunting PLC</name>
        <lei>2138008S5FL78ITZRN66</lei>
        <title>Hunting PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004478896"/>
          <ticker value="HTG"/>
          <other otherDesc="SEDOL" value="0447889"/>
        </identifiers>
        <balance>2810.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>9866.8900000000</valUSD>
        <pctVal>0.0020887957</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>Keller Group PLC</name>
        <lei>549300QO4MBL43UHSN10</lei>
        <title>Keller Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004866223"/>
          <ticker value="KLR"/>
          <other otherDesc="SEDOL" value="0486622"/>
        </identifiers>
        <balance>46888.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>510866.5800000000</valUSD>
        <pctVal>0.1081491651</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>AutoCanada Inc</name>
        <lei>N/A</lei>
        <title>AutoCanada Inc</title>
        <cusip>05277B209</cusip>
        <identifiers>
          <isin value="CA05277B2093"/>
          <ticker value="ACQ"/>
          <other otherDesc="SEDOL" value="B5TZQH9"/>
        </identifiers>
        <balance>15686.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>375818.1200000000</valUSD>
        <pctVal>0.0795597471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Howden Joinery Group PLC</name>
        <lei>213800KC1LJOJTY3JP45</lei>
        <title>Howden Joinery Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0005576813"/>
          <ticker value="HWDN"/>
          <other otherDesc="SEDOL" value="0557681"/>
        </identifiers>
        <balance>247513.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2394893.7700000000</valUSD>
        <pctVal>0.5069929640</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>Badger Daylighting Ltd</name>
        <lei>N/A</lei>
        <title>Badger Daylighting Ltd</title>
        <cusip>05651W209</cusip>
        <identifiers>
          <isin value="CA05651W2094"/>
          <ticker value="BAD"/>
          <other otherDesc="SEDOL" value="B3M4R76"/>
        </identifiers>
        <balance>12110.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>385396.0400000000</valUSD>
        <pctVal>0.0815873685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wm Morrison Supermarkets PLC</name>
        <lei>213800IN6LSRGTZSOS29</lei>
        <title>Wm Morrison Supermarkets PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006043169"/>
          <ticker value="MRW"/>
          <other otherDesc="SEDOL" value="0604316"/>
        </identifiers>
        <balance>881490.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2094155.8600000000</valUSD>
        <pctVal>0.4433275078</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>Baytex Energy Corp</name>
        <lei>549300R5LTV2H7I1I079</lei>
        <title>Baytex Energy Corp</title>
        <cusip>07317Q105</cusip>
        <identifiers>
          <isin value="CA07317Q1054"/>
          <ticker value="BTE"/>
          <other otherDesc="SEDOL" value="B4VGVM3"/>
        </identifiers>
        <balance>308729.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>298394.3700000000</valUSD>
        <pctVal>0.0631693347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Close Brothers Group PLC</name>
        <lei>213800W73SYHR14I3X91</lei>
        <title>Close Brothers Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007668071"/>
          <ticker value="CBG"/>
          <other otherDesc="SEDOL" value="0766807"/>
        </identifiers>
        <balance>78674.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1703374.3300000000</valUSD>
        <pctVal>0.3606000446</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>St James's Place PLC</name>
        <lei>213800M993ICXOMBCP87</lei>
        <title>St James's Place PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007669376"/>
          <ticker value="STJ"/>
          <other otherDesc="SEDOL" value="0766937"/>
        </identifiers>
        <balance>163048.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2666232.5100000000</valUSD>
        <pctVal>0.5644346901</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>Senior PLC</name>
        <lei>5493002HQHWN5JQHKQ51</lei>
        <title>Senior PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007958233"/>
          <ticker value="SNR"/>
          <other otherDesc="SEDOL" value="0795823"/>
        </identifiers>
        <balance>89176.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>127038.1400000000</valUSD>
        <pctVal>0.0268936535</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>Photo-Me International PLC</name>
        <lei>2138006YJ65EKBYYYX41</lei>
        <title>Photo-Me International PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008481250"/>
          <ticker value="PHTM"/>
          <other otherDesc="SEDOL" value="0848125"/>
        </identifiers>
        <balance>175611.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>120618.2500000000</valUSD>
        <pctVal>0.0255345790</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>Tate &amp; Lyle PLC</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>Tate &amp; Lyle PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008754136"/>
          <ticker value="TATE"/>
          <other otherDesc="SEDOL" value="0875413"/>
        </identifiers>
        <balance>221064.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2238539.2600000000</valUSD>
        <pctVal>0.4738931090</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>Reach PLC</name>
        <lei>213800GNI5XF3XOATR61</lei>
        <title>Reach PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009039941"/>
          <ticker value="RCH"/>
          <other otherDesc="SEDOL" value="0903994"/>
        </identifiers>
        <balance>217607.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>717675.1400000000</valUSD>
        <pctVal>0.1519300150</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>Weir Group PLC/The</name>
        <lei>549300KDR56WHY9I3D10</lei>
        <title>Weir Group PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009465807"/>
          <ticker value="WEIR"/>
          <other otherDesc="SEDOL" value="0946580"/>
        </identifiers>
        <balance>56314.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1553012.9600000000</valUSD>
        <pctVal>0.3287689223</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>B2Gold Corp</name>
        <lei>549300F7OK456M5NLM05</lei>
        <title>B2Gold Corp</title>
        <cusip>11777Q209</cusip>
        <identifiers>
          <isin value="CA11777Q2099"/>
          <ticker value="BTO"/>
          <other otherDesc="SEDOL" value="B29VFC4"/>
        </identifiers>
        <balance>174014.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>757533.8400000000</valUSD>
        <pctVal>0.1603680012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canaccord Genuity Group Inc</name>
        <lei>5493002DR5KW4JP7YS87</lei>
        <title>Canaccord Genuity Group Inc</title>
        <cusip>134801109</cusip>
        <identifiers>
          <isin value="CA1348011091"/>
          <ticker value="CF"/>
          <other otherDesc="SEDOL" value="B01R1T5"/>
        </identifiers>
        <balance>39133.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>351169.9400000000</valUSD>
        <pctVal>0.0743417896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canacol Energy Ltd</name>
        <lei>549300X5MNRWPMSM9N14</lei>
        <title>Canacol Energy Ltd</title>
        <cusip>134808203</cusip>
        <identifiers>
          <isin value="CA1348082035"/>
          <ticker value="CNE"/>
          <other otherDesc="SEDOL" value="B97DSV1"/>
        </identifiers>
        <balance>50855.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>137467.5500000000</valUSD>
        <pctVal>0.0291015332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canfor Corp</name>
        <lei>N/A</lei>
        <title>Canfor Corp</title>
        <cusip>137576104</cusip>
        <identifiers>
          <isin value="CA1375761048"/>
          <ticker value="CFP"/>
          <other otherDesc="SEDOL" value="B18P4F6"/>
        </identifiers>
        <balance>23891.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>487356.8800000000</valUSD>
        <pctVal>0.1031722209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CanWel Building Materials Group Ltd</name>
        <lei>529900HEUBRUITK08D78</lei>
        <title>CanWel Building Materials Group Ltd</title>
        <cusip>13874X202</cusip>
        <identifiers>
          <isin value="CA13874X2023"/>
          <ticker value="CWX"/>
          <other otherDesc="SEDOL" value="BMNDKS7"/>
        </identifiers>
        <balance>35374.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>219037.5000000000</valUSD>
        <pctVal>0.0463696857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capital Power Corp</name>
        <lei>N/A</lei>
        <title>Capital Power Corp</title>
        <cusip>14042M102</cusip>
        <identifiers>
          <isin value="CA14042M1023"/>
          <ticker value="CPX"/>
          <other otherDesc="SEDOL" value="B61KF83"/>
        </identifiers>
        <balance>56963.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1535753.9900000000</valUSD>
        <pctVal>0.3251152419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cascades Inc</name>
        <lei>FPD41G4F3GH7OJ38TS94</lei>
        <title>Cascades Inc</title>
        <cusip>146900105</cusip>
        <identifiers>
          <isin value="CA1469001053"/>
          <ticker value="CAS"/>
          <other otherDesc="SEDOL" value="2179254"/>
        </identifiers>
        <balance>46467.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>613060.6100000000</valUSD>
        <pctVal>0.1297833832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Celestica Inc</name>
        <lei>549300J3CG5T6RZWLN53</lei>
        <title>Celestica Inc</title>
        <cusip>15101Q108</cusip>
        <identifiers>
          <isin value="CA15101Q1081"/>
          <ticker value="CLS"/>
          <other otherDesc="SEDOL" value="2263362"/>
        </identifiers>
        <balance>56130.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>465324.1400000000</valUSD>
        <pctVal>0.0985079455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Centerra Gold Inc</name>
        <lei>549300K0HXTMP5JJ0E62</lei>
        <title>Centerra Gold Inc</title>
        <cusip>152006102</cusip>
        <identifiers>
          <isin value="CA1520061021"/>
          <ticker value="CG"/>
          <other otherDesc="SEDOL" value="B01NXQ4"/>
        </identifiers>
        <balance>25976.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>252085.1800000000</valUSD>
        <pctVal>0.0533657961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CES Energy Solutions Corp</name>
        <lei>N/A</lei>
        <title>CES Energy Solutions Corp</title>
        <cusip>15713J104</cusip>
        <identifiers>
          <isin value="CA15713J1049"/>
          <ticker value="CEU"/>
          <other otherDesc="SEDOL" value="BZ57CN7"/>
        </identifiers>
        <balance>79650.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>96386.1400000000</valUSD>
        <pctVal>0.0204047025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chorus Aviation Inc</name>
        <lei>N/A</lei>
        <title>Chorus Aviation Inc</title>
        <cusip>17040T300</cusip>
        <identifiers>
          <isin value="CA17040T3001"/>
          <ticker value="CHR"/>
          <other otherDesc="SEDOL" value="BD2C5N2"/>
        </identifiers>
        <balance>29845.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>98498.3500000000</valUSD>
        <pctVal>0.0208518520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Corus Entertainment Inc</name>
        <lei>549300DVZFTUMM4M2O84</lei>
        <title>Corus Entertainment Inc</title>
        <cusip>220874101</cusip>
        <identifiers>
          <isin value="CA2208741017"/>
          <ticker value="CJR/B"/>
          <other otherDesc="SEDOL" value="2484516"/>
        </identifiers>
        <balance>106942.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>442860.5500000000</valUSD>
        <pctVal>0.0937524602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dorel Industries Inc</name>
        <lei>549300BB7CUPIUJSMH15</lei>
        <title>Dorel Industries Inc</title>
        <cusip>25822C205</cusip>
        <identifiers>
          <isin value="CA25822C2058"/>
          <ticker value="DII/B"/>
          <other otherDesc="SEDOL" value="2262369"/>
        </identifiers>
        <balance>8161.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>89010.4400000000</valUSD>
        <pctVal>0.0188432854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DREAM Unlimited Corp</name>
        <lei>N/A</lei>
        <title>DREAM Unlimited Corp</title>
        <cusip>26153M507</cusip>
        <identifiers>
          <isin value="CA26153M5072"/>
          <ticker value="DRM"/>
          <other otherDesc="SEDOL" value="BMTC6Z7"/>
        </identifiers>
        <balance>6922.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>123362.3800000000</valUSD>
        <pctVal>0.0261155044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dundee Precious Metals Inc</name>
        <lei>549300LATVTU0EIUMD45</lei>
        <title>Dundee Precious Metals Inc</title>
        <cusip>265269209</cusip>
        <identifiers>
          <isin value="CA2652692096"/>
          <ticker value="DPM"/>
          <other otherDesc="SEDOL" value="B00VD03"/>
        </identifiers>
        <balance>67421.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>419063.4200000000</valUSD>
        <pctVal>0.0887146679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eldorado Gold Corp</name>
        <lei>5493004PWQ01YDD1IH62</lei>
        <title>Eldorado Gold Corp</title>
        <cusip>284902509</cusip>
        <identifiers>
          <isin value="CA2849025093"/>
          <ticker value="ELD"/>
          <other otherDesc="SEDOL" value="BHZJ5Y9"/>
        </identifiers>
        <balance>19042.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>199457.6900000000</valUSD>
        <pctVal>0.0422246893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equitable Group Inc</name>
        <lei>N/A</lei>
        <title>Equitable Group Inc</title>
        <cusip>294505102</cusip>
        <identifiers>
          <isin value="CA2945051027"/>
          <ticker value="EQB"/>
          <other otherDesc="SEDOL" value="B00GQP4"/>
        </identifiers>
        <balance>6113.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>651457.6900000000</valUSD>
        <pctVal>0.1379119480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ERO Copper Corp</name>
        <lei>549300KL8A21SEIO8I47</lei>
        <title>ERO Copper Corp</title>
        <cusip>296006109</cusip>
        <identifiers>
          <isin value="CA2960061091"/>
          <ticker value="ERO"/>
          <other otherDesc="SEDOL" value="BF02Z72"/>
        </identifiers>
        <balance>17500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>308718.3700000000</valUSD>
        <pctVal>0.0653548994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Exchange Income Corp</name>
        <lei>549300G7SUZKHS2N8C38</lei>
        <title>Exchange Income Corp</title>
        <cusip>301283107</cusip>
        <identifiers>
          <isin value="CA3012831077"/>
          <ticker value="EIF"/>
          <other otherDesc="SEDOL" value="B3VHDS9"/>
        </identifiers>
        <balance>3844.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>121790.1000000000</valUSD>
        <pctVal>0.0257826567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pagegroup PLC</name>
        <lei>213800JK5ZEQW4AB8G71</lei>
        <title>Pagegroup PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0030232317"/>
          <ticker value="PAGE"/>
          <other otherDesc="SEDOL" value="3023231"/>
        </identifiers>
        <balance>178782.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1190222.9500000000</valUSD>
        <pctVal>0.2519671932</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>ASOS PLC</name>
        <lei>213800H8DBB8JSKDW630</lei>
        <title>ASOS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0030927254"/>
          <ticker value="ASC"/>
          <other otherDesc="SEDOL" value="3092725"/>
        </identifiers>
        <balance>3550.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>276955.9800000000</valUSD>
        <pctVal>0.0586308817</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>Marks &amp; Spencer Group PLC</name>
        <lei>213800EJP14A79ZG1X44</lei>
        <title>Marks &amp; Spencer Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031274896"/>
          <ticker value="MKS"/>
          <other otherDesc="SEDOL" value="3127489"/>
        </identifiers>
        <balance>1114575.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2202887.0600000000</valUSD>
        <pctVal>0.4663456283</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>Finning International Inc</name>
        <lei>549300QLDCP11KB6XW55</lei>
        <title>Finning International Inc</title>
        <cusip>318071404</cusip>
        <identifiers>
          <isin value="CA3180714048"/>
          <ticker value="FTT"/>
          <other otherDesc="SEDOL" value="2339177"/>
        </identifiers>
        <balance>80049.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>2088973.2000000000</valUSD>
        <pctVal>0.4422303518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clas Ohlson AB</name>
        <lei>549300MH8OETHBBKJU80</lei>
        <title>Clas Ohlson AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000584948"/>
          <ticker value="CLASB"/>
          <other otherDesc="SEDOL" value="B033YF8"/>
        </identifiers>
        <balance>73868.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>663891.0800000000</valUSD>
        <pctVal>0.1405440653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jyske Bank A/S</name>
        <lei>3M5E1GQGKL17HI6CPN30</lei>
        <title>Jyske Bank A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010307958"/>
          <ticker value="JYSK"/>
          <other otherDesc="SEDOL" value="B0386J1"/>
        </identifiers>
        <balance>22060.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>951898.5800000000</valUSD>
        <pctVal>0.2015145258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sun Frontier Fudousan Co Ltd</name>
        <lei>N/A</lei>
        <title>Sun Frontier Fudousan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3336950005"/>
          <ticker value="8934"/>
          <other otherDesc="SEDOL" value="B03BJB3"/>
        </identifiers>
        <balance>9000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>80982.0900000000</valUSD>
        <pctVal>0.0171437040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First National Financial Corp</name>
        <lei>N/A</lei>
        <title>First National Financial Corp</title>
        <cusip>33564P103</cusip>
        <identifiers>
          <isin value="CA33564P1036"/>
          <ticker value="FN"/>
          <other otherDesc="SEDOL" value="B3NDMC2"/>
        </identifiers>
        <balance>7248.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>252364.3600000000</valUSD>
        <pctVal>0.0534248978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freehold Royalties Ltd</name>
        <lei>N/A</lei>
        <title>Freehold Royalties Ltd</title>
        <cusip>356500108</cusip>
        <identifiers>
          <isin value="CA3565001086"/>
          <ticker value="FRU"/>
          <other otherDesc="SEDOL" value="B3SJKB0"/>
        </identifiers>
        <balance>37700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>204408.3000000000</valUSD>
        <pctVal>0.0432727210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiichi Kigenso Kagaku-Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiichi Kigenso Kagaku-Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3474350000"/>
          <ticker value="4082"/>
          <other otherDesc="SEDOL" value="B03KX18"/>
        </identifiers>
        <balance>300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2828.5000000000</valUSD>
        <pctVal>0.0005987863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuyo General Lease Co Ltd</name>
        <lei>N/A</lei>
        <title>Fuyo General Lease Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826270005"/>
          <ticker value="8424"/>
          <other otherDesc="SEDOL" value="B03P2F0"/>
        </identifiers>
        <balance>7600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>505331.8600000000</valUSD>
        <pctVal>0.1069774788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuriyama Holdings Corp</name>
        <lei>N/A</lei>
        <title>Kuriyama Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3270810009"/>
          <ticker value="3355"/>
          <other otherDesc="SEDOL" value="B03VK87"/>
        </identifiers>
        <balance>400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2549.3100000000</valUSD>
        <pctVal>0.0005396825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geox SpA</name>
        <lei>815600AA4525479C8138</lei>
        <title>Geox SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003697080"/>
          <ticker value="GEO"/>
          <other otherDesc="SEDOL" value="B044JP5"/>
        </identifiers>
        <balance>47705.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>44162.0400000000</valUSD>
        <pctVal>0.0093489924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Internet Initiative Japan Inc</name>
        <lei>N/A</lei>
        <title>Internet Initiative Japan Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3152820001"/>
          <ticker value="3774"/>
          <other otherDesc="SEDOL" value="B05H328"/>
        </identifiers>
        <balance>27700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>571613.7100000000</valUSD>
        <pctVal>0.1210091791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>World Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>World Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3990220000"/>
          <ticker value="2429"/>
          <other otherDesc="SEDOL" value="B05J4P4"/>
        </identifiers>
        <balance>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>95723.6800000000</valUSD>
        <pctVal>0.0202644614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frontera Energy Corp</name>
        <lei>A25574TZFLBNK7NWQT47</lei>
        <title>Frontera Energy Corp</title>
        <cusip>35905B107</cusip>
        <identifiers>
          <isin value="CA35905B1076"/>
          <ticker value="FEC"/>
          <other otherDesc="SEDOL" value="BD9P7F0"/>
        </identifiers>
        <balance>19417.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>96428.9200000000</valUSD>
        <pctVal>0.0204137589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HLS Therapeutics Inc</name>
        <lei>N/A</lei>
        <title>HLS Therapeutics Inc</title>
        <cusip>40390B109</cusip>
        <identifiers>
          <isin value="CA40390B1094"/>
          <ticker value="HLS"/>
          <other otherDesc="SEDOL" value="BFMDF39"/>
        </identifiers>
        <balance>2.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>28.7900000000</valUSD>
        <pctVal>0.0000060948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEC Capital Solutions Ltd</name>
        <lei>353800ZI7YB13OFXXR18</lei>
        <title>NEC Capital Solutions Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164740007"/>
          <ticker value="8793"/>
          <other otherDesc="SEDOL" value="B05KJP2"/>
        </identifiers>
        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>39057.6500000000</valUSD>
        <pctVal>0.0082684059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GungHo Online Entertainment Inc</name>
        <lei>N/A</lei>
        <title>GungHo Online Entertainment Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3235900002"/>
          <ticker value="3765"/>
          <other otherDesc="SEDOL" value="B064D84"/>
        </identifiers>
        <balance>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>36791.3700000000</valUSD>
        <pctVal>0.0077886401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cairo Communication SpA</name>
        <lei>8156000BA1E707067579</lei>
        <title>Cairo Communication SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004329733"/>
          <ticker value="CAI"/>
          <other otherDesc="SEDOL" value="4103518"/>
        </identifiers>
        <balance>94298.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>158015.9200000000</valUSD>
        <pctVal>0.0334515713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banca Popolare di Sondrio SCPA</name>
        <lei>J48C8PCSJVUBR8KCW529</lei>
        <title>Banca Popolare di Sondrio SCPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000784196"/>
          <ticker value="BPSO"/>
          <other otherDesc="SEDOL" value="4115223"/>
        </identifiers>
        <balance>511020.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1471349.8300000000</valUSD>
        <pctVal>0.3114810439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asia Pile Holdings Corp</name>
        <lei>N/A</lei>
        <title>Asia Pile Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389640008"/>
          <ticker value="5288"/>
          <other otherDesc="SEDOL" value="B06D3N6"/>
        </identifiers>
        <balance>1400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>6789.8100000000</valUSD>
        <pctVal>0.0014373856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telit Communications PLC</name>
        <lei>213800FR4VJWKM1Z3836</lei>
        <title>Telit Communications PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B06GM726"/>
          <ticker value="TCM"/>
          <other otherDesc="SEDOL" value="B06GM72"/>
        </identifiers>
        <balance>12061.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>31577.1700000000</valUSD>
        <pctVal>0.0066848072</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>Sydbank AS</name>
        <lei>GP5DT10VX1QRQUKVBK64</lei>
        <title>Sydbank AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010311471"/>
          <ticker value="SYDB"/>
          <other otherDesc="SEDOL" value="B06JSP1"/>
        </identifiers>
        <balance>17077.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>389980.1200000000</valUSD>
        <pctVal>0.0825578067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IG Group Holdings PLC</name>
        <lei>2138003A5Q1M7ANOUD76</lei>
        <title>IG Group Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B06QFB75"/>
          <ticker value="IGG"/>
          <other otherDesc="SEDOL" value="B06QFB7"/>
        </identifiers>
        <balance>182474.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1980068.6000000000</valUSD>
        <pctVal>0.4191755230</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>Metcash Ltd</name>
        <lei>N/A</lei>
        <title>Metcash Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MTS0"/>
          <ticker value="MTS"/>
          <other otherDesc="SEDOL" value="B0744W4"/>
        </identifiers>
        <balance>667451.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1733620.8200000000</valUSD>
        <pctVal>0.3670031502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bucher Industries AG</name>
        <lei>52990014AQ91A29HPB27</lei>
        <title>Bucher Industries AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0002432174"/>
          <ticker value="BUCN"/>
          <other otherDesc="SEDOL" value="B07ZBW6"/>
        </identifiers>
        <balance>1032.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>497910.0300000000</valUSD>
        <pctVal>0.1054062961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco di Desio e della Brianza SpA</name>
        <lei>81560026D234790EB288</lei>
        <title>Banco di Desio e della Brianza SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001041000"/>
          <ticker value="BDB"/>
          <other otherDesc="SEDOL" value="4115740"/>
        </identifiers>
        <balance>75218.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>230582.6000000000</valUSD>
        <pctVal>0.0488137542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hardwoods Distribution Inc</name>
        <lei>N/A</lei>
        <title>Hardwoods Distribution Inc</title>
        <cusip>412422107</cusip>
        <identifiers>
          <isin value="CA4124221074"/>
          <ticker value="HDI"/>
          <other otherDesc="SEDOL" value="B4QNCX7"/>
        </identifiers>
        <balance>11370.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>246412.5400000000</valUSD>
        <pctVal>0.0521649125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frencken Group Ltd</name>
        <lei>N/A</lei>
        <title>Frencken Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1R43925234"/>
          <ticker value="FRKN"/>
          <other otherDesc="SEDOL" value="B088VB3"/>
        </identifiers>
        <balance>849600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>854560.3600000000</valUSD>
        <pctVal>0.1809082705</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>Takamiya Co Ltd</name>
        <lei>N/A</lei>
        <title>Takamiya Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161560002"/>
          <ticker value="2445"/>
          <other otherDesc="SEDOL" value="B08G979"/>
        </identifiers>
        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>7705.3200000000</valUSD>
        <pctVal>0.0016311968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Awa Bank Ltd/The</name>
        <lei>353800YH8XWV0XAHXR13</lei>
        <title>Awa Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126800006"/>
          <ticker value="8388"/>
          <other otherDesc="SEDOL" value="6068961"/>
        </identifiers>
        <balance>4300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>90134.5000000000</valUSD>
        <pctVal>0.0190812461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Esprinet SpA</name>
        <lei>8156007E3375956ADD08</lei>
        <title>Esprinet SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003850929"/>
          <ticker value="PRT"/>
          <other otherDesc="SEDOL" value="B08QZ48"/>
        </identifiers>
        <balance>1874.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>23896.5600000000</valUSD>
        <pctVal>0.0050588414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sembcorp Industries Ltd</name>
        <lei>254900J0FF14U6TPQM96</lei>
        <title>Sembcorp Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1R50925390"/>
          <ticker value="SCI"/>
          <other otherDesc="SEDOL" value="B08X163"/>
        </identifiers>
        <balance>577000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>745676.2200000000</valUSD>
        <pctVal>0.1578577729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Belluna Co Ltd</name>
        <lei>353800Q8P5LM0569VS75</lei>
        <title>Belluna Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835650007"/>
          <ticker value="9997"/>
          <other otherDesc="SEDOL" value="6070353"/>
        </identifiers>
        <balance>21700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>210669.6700000000</valUSD>
        <pctVal>0.0445982372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bando Chemical Industries Ltd</name>
        <lei>N/A</lei>
        <title>Bando Chemical Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3779000003"/>
          <ticker value="5195"/>
          <other otherDesc="SEDOL" value="6075068"/>
        </identifiers>
        <balance>4500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>30309.8200000000</valUSD>
        <pctVal>0.0064165124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bure Equity AB</name>
        <lei>5493000EHCBQ7QQBGX32</lei>
        <title>Bure Equity AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000195810"/>
          <ticker value="BURE"/>
          <other otherDesc="SEDOL" value="4152651"/>
        </identifiers>
        <balance>56772.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1801599.0800000000</valUSD>
        <pctVal>0.3813939762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Danieli &amp; C Officine Meccaniche SpA</name>
        <lei>815600B4B8C6A353E566</lei>
        <title>Danieli &amp; C Officine Meccaniche SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000076502"/>
          <ticker value="DAN"/>
          <other otherDesc="SEDOL" value="4253350"/>
        </identifiers>
        <balance>21431.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>448988.2800000000</valUSD>
        <pctVal>0.0950496852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of the Ryukyus Ltd</name>
        <lei>353800OWJBJ7G9TXED62</lei>
        <title>Bank of the Ryukyus Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3975000005"/>
          <ticker value="8399"/>
          <other otherDesc="SEDOL" value="6076351"/>
        </identifiers>
        <balance>11200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>81945.1600000000</valUSD>
        <pctVal>0.0173475835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuji Seal International Inc</name>
        <lei>N/A</lei>
        <title>Fuji Seal International Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3813800004"/>
          <ticker value="7864"/>
          <other otherDesc="SEDOL" value="6083704"/>
        </identifiers>
        <balance>19900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>412728.5700000000</valUSD>
        <pctVal>0.0873735961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Danieli &amp; C Officine Meccaniche SpA</name>
        <lei>815600B4B8C6A353E566</lei>
        <title>Danieli &amp; C Officine Meccaniche SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000076486"/>
          <ticker value="DANR"/>
          <other otherDesc="SEDOL" value="4253372"/>
        </identifiers>
        <balance>68728.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>910115.9300000000</valUSD>
        <pctVal>0.1926692443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>High Liner Foods Inc</name>
        <lei>5493003THCPUJ8LV6J59</lei>
        <title>High Liner Foods Inc</title>
        <cusip>429695109</cusip>
        <identifiers>
          <isin value="CA4296951094"/>
          <ticker value="HLF"/>
          <other otherDesc="SEDOL" value="2626965"/>
        </identifiers>
        <balance>5404.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>56307.5900000000</valUSD>
        <pctVal>0.0119201746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FBD Holdings PLC</name>
        <lei>635400HNBZBITDHQJG48</lei>
        <title>FBD Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0003290289"/>
          <ticker value="FBD"/>
          <other otherDesc="SEDOL" value="4330231"/>
        </identifiers>
        <balance>6291.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>55939.4100000000</valUSD>
        <pctVal>0.0118422319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alm Brand A/S</name>
        <lei>549300H4TGLJVZ6VTA48</lei>
        <title>Alm Brand A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0015250344"/>
          <ticker value="ALMB"/>
          <other otherDesc="SEDOL" value="4350024"/>
        </identifiers>
        <balance>22945.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>262423.4400000000</valUSD>
        <pctVal>0.0555543796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beach Energy Ltd</name>
        <lei>8Q9PJD25OKTQT5FHUF40</lei>
        <title>Beach Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BPT9"/>
          <ticker value="BPT"/>
          <other otherDesc="SEDOL" value="6088204"/>
        </identifiers>
        <balance>1263342.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1627907.3000000000</valUSD>
        <pctVal>0.3446238650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QAF Ltd</name>
        <lei>N/A</lei>
        <title>QAF Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1A49000759"/>
          <ticker value="QAF"/>
          <other otherDesc="SEDOL" value="6091202"/>
        </identifiers>
        <balance>46100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>33821.1000000000</valUSD>
        <pctVal>0.0071598415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vienna Insurance Group AG Wiener Versicherung Gruppe</name>
        <lei>549300JCRU23I1THU176</lei>
        <title>Vienna Insurance Group AG Wiener Versicherung Gruppe</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000908504"/>
          <ticker value="VIG"/>
          <other otherDesc="SEDOL" value="B0BKSS2"/>
        </identifiers>
        <balance>8685.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>233156.9800000000</valUSD>
        <pctVal>0.0493587439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anglo Asian Mining PLC</name>
        <lei>213800F9JM669WH34359</lei>
        <title>Anglo Asian Mining PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0C18177"/>
          <ticker value="AAZ"/>
          <other otherDesc="SEDOL" value="B0C1817"/>
        </identifiers>
        <balance>52333.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>107708.4100000000</valUSD>
        <pctVal>0.0228015984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Forbo Holding AG</name>
        <lei>506700HR073894C16243</lei>
        <title>Forbo Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0003541510"/>
          <ticker value="FORN"/>
          <other otherDesc="SEDOL" value="4350035"/>
        </identifiers>
        <balance>1241.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>2140148.3900000000</valUSD>
        <pctVal>0.4530640103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Home Capital Group Inc</name>
        <lei>N/A</lei>
        <title>Home Capital Group Inc</title>
        <cusip>436913107</cusip>
        <identifiers>
          <isin value="CA4369131079"/>
          <ticker value="HCG"/>
          <other otherDesc="SEDOL" value="2434180"/>
        </identifiers>
        <balance>23311.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>575356.3600000000</valUSD>
        <pctVal>0.1218014886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Serica Energy PLC</name>
        <lei>213800EZZOKA815VC426</lei>
        <title>Serica Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0CY5V57"/>
          <ticker value="SQZ"/>
          <other otherDesc="SEDOL" value="B0CY5V5"/>
        </identifiers>
        <balance>96917.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>162022.4400000000</valUSD>
        <pctVal>0.0342997414</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>KAZ Minerals PLC</name>
        <lei>2138001H9E453FQRFY56</lei>
        <title>KAZ Minerals PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0HZPV38"/>
          <ticker value="KAZ"/>
          <other otherDesc="SEDOL" value="B0HZPV3"/>
        </identifiers>
        <balance>94006.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1093042.3300000000</valUSD>
        <pctVal>0.2313943013</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>Bendigo &amp; Adelaide Bank Ltd</name>
        <lei>549300Y9URD6W70K0360</lei>
        <title>Bendigo &amp; Adelaide Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BEN6"/>
          <ticker value="BEN"/>
          <other otherDesc="SEDOL" value="6091280"/>
        </identifiers>
        <balance>163636.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1233607.7900000000</valUSD>
        <pctVal>0.2611516543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Belc Co Ltd</name>
        <lei>N/A</lei>
        <title>Belc Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835700000"/>
          <ticker value="9974"/>
          <other otherDesc="SEDOL" value="6098913"/>
        </identifiers>
        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>76249.9300000000</valUSD>
        <pctVal>0.0161419177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H+H International A/S</name>
        <lei>213800GJODT6FV8QM841</lei>
        <title>H+H International A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0015202451"/>
          <ticker value="HH"/>
          <other otherDesc="SEDOL" value="4399607"/>
        </identifiers>
        <balance>26237.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>586765.6300000000</valUSD>
        <pctVal>0.1242168023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haldex AB</name>
        <lei>54930033BTSY61VHUR49</lei>
        <title>Haldex AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000105199"/>
          <ticker value="HLDX"/>
          <other otherDesc="SEDOL" value="4407599"/>
        </identifiers>
        <balance>21154.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>119960.3400000000</valUSD>
        <pctVal>0.0253953011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peab AB</name>
        <lei>549300FQS4VD3153I854</lei>
        <title>Peab AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000106205"/>
          <ticker value="PEABB"/>
          <other otherDesc="SEDOL" value="4407760"/>
        </identifiers>
        <balance>180286.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>2136838.8800000000</valUSD>
        <pctVal>0.4523633954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIQA Insurance Group AG</name>
        <lei>529900OOW8ELHOXWZP82</lei>
        <title>UNIQA Insurance Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000821103"/>
          <ticker value="UQA"/>
          <other otherDesc="SEDOL" value="4422332"/>
        </identifiers>
        <balance>148421.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1149520.7000000000</valUSD>
        <pctVal>0.2433506297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hudbay Minerals Inc</name>
        <lei>549300WI524AL577IX21</lei>
        <title>Hudbay Minerals Inc</title>
        <cusip>443628102</cusip>
        <identifiers>
          <isin value="CA4436281022"/>
          <ticker value="HBM"/>
          <other otherDesc="SEDOL" value="B05BDX1"/>
        </identifiers>
        <balance>97581.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>698540.7100000000</valUSD>
        <pctVal>0.1478793045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IAMGOLD Corp</name>
        <lei>5493003RWIRGFJUNQG48</lei>
        <title>IAMGOLD Corp</title>
        <cusip>450913108</cusip>
        <identifiers>
          <isin value="CA4509131088"/>
          <ticker value="IMG"/>
          <other otherDesc="SEDOL" value="2446646"/>
        </identifiers>
        <balance>2314.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>6855.0800000000</valUSD>
        <pctVal>0.0014512031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GrainCorp Ltd</name>
        <lei>N/A</lei>
        <title>GrainCorp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GNC9"/>
          <ticker value="GNC"/>
          <other otherDesc="SEDOL" value="6102331"/>
        </identifiers>
        <balance>165885.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>539764.5200000000</valUSD>
        <pctVal>0.1142667860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hong Leong Asia Ltd</name>
        <lei>254900OXRICREAQ3VU73</lei>
        <title>Hong Leong Asia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F76860344"/>
          <ticker value="HLA"/>
          <other otherDesc="SEDOL" value="6105750"/>
        </identifiers>
        <balance>252800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>137056.8800000000</valUSD>
        <pctVal>0.0290145954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sakura Internet Inc</name>
        <lei>N/A</lei>
        <title>Sakura Internet Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3317300006"/>
          <ticker value="3778"/>
          <other otherDesc="SEDOL" value="B0JZCW1"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>3052.7900000000</valUSD>
        <pctVal>0.0006462679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SThree PLC</name>
        <lei>2138003NEBX5VRP3EX50</lei>
        <title>SThree PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0KM9T71"/>
          <ticker value="STEM"/>
          <other otherDesc="SEDOL" value="B0KM9T7"/>
        </identifiers>
        <balance>25374.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>118072.2800000000</valUSD>
        <pctVal>0.0249956035</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>Lenzing AG</name>
        <lei>529900BKFJBI0QRDJH63</lei>
        <title>Lenzing AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000644505"/>
          <ticker value="LNZ"/>
          <other otherDesc="SEDOL" value="4512330"/>
        </identifiers>
        <balance>5971.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>855303.3100000000</valUSD>
        <pctVal>0.1810655511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kemira Oyj</name>
        <lei>74370031Y7RK5H88CQ48</lei>
        <title>Kemira Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009004824"/>
          <ticker value="KEMIRA"/>
          <other otherDesc="SEDOL" value="4513612"/>
        </identifiers>
        <balance>104172.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1680112.8500000000</valUSD>
        <pctVal>0.3556756481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sims Ltd</name>
        <lei>5493002YM7ZHVDMFC916</lei>
        <title>Sims Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SGM7"/>
          <ticker value="SGM"/>
          <other otherDesc="SEDOL" value="B0LCW75"/>
        </identifiers>
        <balance>92909.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>965799.7200000000</valUSD>
        <pctVal>0.2044573621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EFG International AG</name>
        <lei>506700PR1R98BSF81139</lei>
        <title>EFG International AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0022268228"/>
          <ticker value="EFGN"/>
          <other otherDesc="SEDOL" value="B0LF188"/>
        </identifiers>
        <balance>137985.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>989355.5500000000</valUSD>
        <pctVal>0.2094440718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutz AG</name>
        <lei>5299005DETTV58V2PP63</lei>
        <title>Deutz AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006305006"/>
          <ticker value="DEZ"/>
          <other otherDesc="SEDOL" value="4557847"/>
        </identifiers>
        <balance>61646.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>448668.3700000000</valUSD>
        <pctVal>0.0949819610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Interfor Corp</name>
        <lei>549300P4G5UZ3AMJE056</lei>
        <title>Interfor Corp</title>
        <cusip>45868C109</cusip>
        <identifiers>
          <isin value="CA45868C1095"/>
          <ticker value="IFP"/>
          <other otherDesc="SEDOL" value="BMJ71W4"/>
        </identifiers>
        <balance>10427.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>228105.9900000000</valUSD>
        <pctVal>0.0482894621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMCO Corp</name>
        <lei>353800SUSRUOM0V6KU92</lei>
        <title>SUMCO Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3322930003"/>
          <ticker value="3436"/>
          <other otherDesc="SEDOL" value="B0M0C89"/>
        </identifiers>
        <balance>60700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1395404.1600000000</valUSD>
        <pctVal>0.2954035373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eutelsat Communications SA</name>
        <lei>549300EFWH9UR17YSK05</lei>
        <title>Eutelsat Communications SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010221234"/>
          <ticker value="ETL"/>
          <other otherDesc="SEDOL" value="B0M7KJ7"/>
        </identifiers>
        <balance>75074.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>904574.9000000000</valUSD>
        <pctVal>0.1914962223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Britvic PLC</name>
        <lei>635400L3NVMYD4BVCI53</lei>
        <title>Britvic PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0N8QD54"/>
          <ticker value="BVIC"/>
          <other otherDesc="SEDOL" value="B0N8QD5"/>
        </identifiers>
        <balance>133638.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1507041.1500000000</valUSD>
        <pctVal>0.3190368062</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>UACJ Corp</name>
        <lei>353800GO7FBE4RSRH831</lei>
        <title>UACJ Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826900007"/>
          <ticker value="5741"/>
          <other otherDesc="SEDOL" value="B0N9WZ2"/>
        </identifiers>
        <balance>15800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>367122.1200000000</valUSD>
        <pctVal>0.0777188258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First International Bank Of Israel Ltd</name>
        <lei>2138002RV6AUUX19F397</lei>
        <title>First International Bank Of Israel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005930388"/>
          <ticker value="FIBI"/>
          <other otherDesc="SEDOL" value="6123815"/>
        </identifiers>
        <balance>22432.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>583610.2400000000</valUSD>
        <pctVal>0.1235488142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Megachips Corp</name>
        <lei>N/A</lei>
        <title>Megachips Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3920860008"/>
          <ticker value="6875"/>
          <other otherDesc="SEDOL" value="6123923"/>
        </identifiers>
        <balance>12300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>396564.7200000000</valUSD>
        <pctVal>0.0839517499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Miquel y Costas &amp; Miquel SA</name>
        <lei>95980020140005204809</lei>
        <title>Miquel y Costas &amp; Miquel SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0164180012"/>
          <ticker value="MCM"/>
          <other otherDesc="SEDOL" value="4593067"/>
        </identifiers>
        <balance>97.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1638.0600000000</valUSD>
        <pctVal>0.0003467732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intertape Polymer Group Inc</name>
        <lei>549300ESFR3Z1YNR6O65</lei>
        <title>Intertape Polymer Group Inc</title>
        <cusip>460919103</cusip>
        <identifiers>
          <isin value="CA4609191032"/>
          <ticker value="ITP"/>
          <other otherDesc="SEDOL" value="2459901"/>
        </identifiers>
        <balance>12215.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>230075.0800000000</valUSD>
        <pctVal>0.0487063135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VT Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>VT Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3854700006"/>
          <ticker value="7593"/>
          <other otherDesc="SEDOL" value="6127334"/>
        </identifiers>
        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>8640.3800000000</valUSD>
        <pctVal>0.0018291466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Relia Inc</name>
        <lei>N/A</lei>
        <title>Relia Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3922200005"/>
          <ticker value="4708"/>
          <other otherDesc="SEDOL" value="6129158"/>
        </identifiers>
        <balance>22200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>278852.5300000000</valUSD>
        <pctVal>0.0590323765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Camtek Ltd/Israel</name>
        <lei>N/A</lei>
        <title>Camtek Ltd/Israel</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010952641"/>
          <ticker value="CAMT"/>
          <other otherDesc="SEDOL" value="B0WG737"/>
        </identifiers>
        <balance>12150.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>326138.5700000000</valUSD>
        <pctVal>0.0690427118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IwaiCosmo Holdings Inc</name>
        <lei>N/A</lei>
        <title>IwaiCosmo Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3149950002"/>
          <ticker value="8707"/>
          <other otherDesc="SEDOL" value="B0WGLX5"/>
        </identifiers>
        <balance>9500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>138416.4100000000</valUSD>
        <pctVal>0.0293024045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Musashi Seimitsu Industry Co Ltd</name>
        <lei>353800J742CBBV9MSZ43</lei>
        <title>Musashi Seimitsu Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3912700006"/>
          <ticker value="7220"/>
          <other otherDesc="SEDOL" value="6135229"/>
        </identifiers>
        <balance>28500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>474106.0300000000</valUSD>
        <pctVal>0.1003670494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grange Resources Ltd</name>
        <lei>N/A</lei>
        <title>Grange Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GRR8"/>
          <ticker value="GRR"/>
          <other otherDesc="SEDOL" value="6135876"/>
        </identifiers>
        <balance>138753.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>55623.0200000000</valUSD>
        <pctVal>0.0117752529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OC Oerlikon Corp AG</name>
        <lei>529900I8VLAZR2FJ0M10</lei>
        <title>OC Oerlikon Corp AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0000816824"/>
          <ticker value="OERL"/>
          <other otherDesc="SEDOL" value="4612757"/>
        </identifiers>
        <balance>107919.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>1161848.6100000000</valUSD>
        <pctVal>0.2459604171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Borussia Dortmund GmbH &amp; Co KGaA</name>
        <lei>529900XO0YTOOKCLQB44</lei>
        <title>Borussia Dortmund GmbH &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005493092"/>
          <ticker value="BVB"/>
          <other otherDesc="SEDOL" value="4627193"/>
        </identifiers>
        <balance>2240.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>14864.9800000000</valUSD>
        <pctVal>0.0031468787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IDOM Inc</name>
        <lei>N/A</lei>
        <title>IDOM Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3235700006"/>
          <ticker value="7599"/>
          <other otherDesc="SEDOL" value="6136374"/>
        </identifiers>
        <balance>35000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>205223.1100000000</valUSD>
        <pctVal>0.0434452142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Austal Ltd</name>
        <lei>N/A</lei>
        <title>Austal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ASB3"/>
          <ticker value="ASB"/>
          <other otherDesc="SEDOL" value="6137162"/>
        </identifiers>
        <balance>128259.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>234321.0000000000</valUSD>
        <pctVal>0.0496051640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>cBrain A/S</name>
        <lei>529900E1K2W6SBYF8W02</lei>
        <title>cBrain A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060030286"/>
          <ticker value="CBRAIN"/>
          <other otherDesc="SEDOL" value="B0Y9080"/>
        </identifiers>
        <balance>4679.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>159281.2300000000</valUSD>
        <pctVal>0.0337194342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alpen Co Ltd</name>
        <lei>N/A</lei>
        <title>Alpen Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126470008"/>
          <ticker value="3028"/>
          <other otherDesc="SEDOL" value="B0ZGMK6"/>
        </identifiers>
        <balance>10800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>229162.9200000000</valUSD>
        <pctVal>0.0485132115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FNM SpA</name>
        <lei>815600AB6FA8AADC8739</lei>
        <title>FNM SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000060886"/>
          <ticker value="FNM"/>
          <other otherDesc="SEDOL" value="4641289"/>
        </identifiers>
        <balance>242870.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>159913.2700000000</valUSD>
        <pctVal>0.0338532355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCC AB</name>
        <lei>213800WRGLW3CY4MHW53</lei>
        <title>NCC AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000117970"/>
          <ticker value="NCCB"/>
          <other otherDesc="SEDOL" value="4645742"/>
        </identifiers>
        <balance>78925.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1308096.9000000000</valUSD>
        <pctVal>0.2769208108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyo Tanso Co Ltd</name>
        <lei>N/A</lei>
        <title>Toyo Tanso Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3616000000"/>
          <ticker value="5310"/>
          <other otherDesc="SEDOL" value="B0ZV9X3"/>
        </identifiers>
        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>39251.7600000000</valUSD>
        <pctVal>0.0083094985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Implenia AG</name>
        <lei>52990006TKCUQQJ79B11</lei>
        <title>Implenia AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0023868554"/>
          <ticker value="IMPN"/>
          <other otherDesc="SEDOL" value="B10DQJ6"/>
        </identifiers>
        <balance>25602.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>823183.2000000000</valUSD>
        <pctVal>0.1742658049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deceuninck NV</name>
        <lei>549300R6YGQQ24P6WW72</lei>
        <title>Deceuninck NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003789063"/>
          <ticker value="DECB"/>
          <other otherDesc="SEDOL" value="4646541"/>
        </identifiers>
        <balance>123455.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>355781.3000000000</valUSD>
        <pctVal>0.0753180029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Outokumpu Oyj</name>
        <lei>5493009YRUJJDCFF0R80</lei>
        <title>Outokumpu OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009002422"/>
          <ticker value="OUT1V"/>
          <other otherDesc="SEDOL" value="4665148"/>
        </identifiers>
        <balance>308990.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1504057.7400000000</valUSD>
        <pctVal>0.3184052258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bunka Shutter Co Ltd</name>
        <lei>N/A</lei>
        <title>Bunka Shutter Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3831600006"/>
          <ticker value="5930"/>
          <other otherDesc="SEDOL" value="6152466"/>
        </identifiers>
        <balance>31300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>292433.6300000000</valUSD>
        <pctVal>0.0619074611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teikoku Electric Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Teikoku Electric Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3541800003"/>
          <ticker value="6333"/>
          <other otherDesc="SEDOL" value="6155829"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>9882.4300000000</valUSD>
        <pctVal>0.0020920855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hornbach Baumarkt AG</name>
        <lei>5299008WW53GLXRORN29</lei>
        <title>Hornbach Baumarkt AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006084403"/>
          <ticker value="HBM"/>
          <other otherDesc="SEDOL" value="4693194"/>
        </identifiers>
        <balance>2241.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>91040.3800000000</valUSD>
        <pctVal>0.0192730186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Societa Cattolica di Assicurazioni SC</name>
        <lei>815600DEEE5337E9A213</lei>
        <title>Societa Cattolica di Assicurazioni SC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000784154"/>
          <ticker value="CASS"/>
          <other otherDesc="SEDOL" value="4731027"/>
        </identifiers>
        <balance>36269.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>198697.4300000000</valUSD>
        <pctVal>0.0420637442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche EuroShop AG</name>
        <lei>529900Y9QTEFHFEKQ736</lei>
        <title>Deutsche EuroShop AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007480204"/>
          <ticker value="DEQ"/>
          <other otherDesc="SEDOL" value="4754972"/>
        </identifiers>
        <balance>20674.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>443065.2800000000</valUSD>
        <pctVal>0.0937958010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sparebanken Vest</name>
        <lei>213800M7T3CYVZ3ZRT12</lei>
        <title>Sparebanken Vest</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0006000900"/>
          <ticker value="SVEG"/>
          <other otherDesc="SEDOL" value="4780290"/>
        </identifiers>
        <balance>58146.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>510678.1100000000</valUSD>
        <pctVal>0.1081092664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SGL Carbon SE</name>
        <lei>52990038IB31TYK07X63</lei>
        <title>SGL Carbon SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007235301"/>
          <ticker value="SGL"/>
          <other otherDesc="SEDOL" value="4818351"/>
        </identifiers>
        <balance>53111.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>440812.2900000000</valUSD>
        <pctVal>0.0933188487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sulzer AG</name>
        <lei>529900NZ6MAST5IJF669</lei>
        <title>Sulzer AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0038388911"/>
          <ticker value="SUN"/>
          <other otherDesc="SEDOL" value="4854719"/>
        </identifiers>
        <balance>1934.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>217431.6100000000</valUSD>
        <pctVal>0.0460297228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tessenderlo Group SA</name>
        <lei>549300ZKLIF7RP6EH823</lei>
        <title>Tessenderlo Group SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003555639"/>
          <ticker value="TESB"/>
          <other otherDesc="SEDOL" value="4884006"/>
        </identifiers>
        <balance>36895.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1637938.0100000000</valUSD>
        <pctVal>0.3467473409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chargeurs SA</name>
        <lei>969500ZPQQLG72TQND21</lei>
        <title>Chargeurs SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000130692"/>
          <ticker value="CRI"/>
          <other otherDesc="SEDOL" value="5021318"/>
        </identifiers>
        <balance>6837.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>184141.3200000000</valUSD>
        <pctVal>0.0389822525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden Agri-Resources Ltd</name>
        <lei>N/A</lei>
        <title>Golden Agri-Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MU0117U00026"/>
          <ticker value="GGR"/>
          <other otherDesc="SEDOL" value="6164472"/>
        </identifiers>
        <balance>10924400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>1564399.6400000000</valUSD>
        <pctVal>0.3311794537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stella Chemifa Corp</name>
        <lei>N/A</lei>
        <title>Stella Chemifa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399720006"/>
          <ticker value="4109"/>
          <other otherDesc="SEDOL" value="6175582"/>
        </identifiers>
        <balance>4200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>125275.0100000000</valUSD>
        <pctVal>0.0265204033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALSO Holding AG</name>
        <lei>529900ACS8A6PTQI6141</lei>
        <title>ALSO Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0024590272"/>
          <ticker value="ALSN"/>
          <other otherDesc="SEDOL" value="B11TD81"/>
        </identifiers>
        <balance>8479.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>2296109.9700000000</valUSD>
        <pctVal>0.4860806830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wacker Chemie AG</name>
        <lei>0NURKC5Q3CJYZPPK5046</lei>
        <title>Wacker Chemie AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000WCH8881"/>
          <ticker value="WCH"/>
          <other otherDesc="SEDOL" value="B11Y568"/>
        </identifiers>
        <balance>13670.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1770886.6300000000</valUSD>
        <pctVal>0.3748922281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sigma Healthcare Ltd</name>
        <lei>N/A</lei>
        <title>Sigma Healthcare Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SIG5"/>
          <ticker value="SIG"/>
          <other otherDesc="SEDOL" value="BF13K02"/>
        </identifiers>
        <balance>755329.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>388647.2100000000</valUSD>
        <pctVal>0.0822756330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cedar Woods Properties Ltd</name>
        <lei>N/A</lei>
        <title>Cedar Woods Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CWP1"/>
          <ticker value="CWP"/>
          <other otherDesc="SEDOL" value="6182281"/>
        </identifiers>
        <balance>25691.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>138279.2300000000</valUSD>
        <pctVal>0.0292733638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Glass Co Ltd</name>
        <lei>N/A</lei>
        <title>Central Glass Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3425000001"/>
          <ticker value="4044"/>
          <other otherDesc="SEDOL" value="6184306"/>
        </identifiers>
        <balance>19400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>401079.8900000000</valUSD>
        <pctVal>0.0849076000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Champion Iron Ltd</name>
        <lei>N/A</lei>
        <title>Champion Iron Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CIA2"/>
          <ticker value="CIA"/>
          <other otherDesc="SEDOL" value="BLD1SB3"/>
        </identifiers>
        <balance>53414.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>224261.6100000000</valUSD>
        <pctVal>0.0474756166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mediaset SpA</name>
        <lei>213800DIFN7NR7B97A50</lei>
        <title>Mediaset SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001063210"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="5077946"/>
        </identifiers>
        <balance>246979.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>696228.5600000000</valUSD>
        <pctVal>0.1473898282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bilfinger SE</name>
        <lei>529900H0HULEN2BZ4604</lei>
        <title>Bilfinger SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005909006"/>
          <ticker value="GBF"/>
          <other otherDesc="SEDOL" value="5117381"/>
        </identifiers>
        <balance>17260.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>613051.0900000000</valUSD>
        <pctVal>0.1297813678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kungsleden AB</name>
        <lei>5493005OXRTBK0WSJN46</lei>
        <title>Kungsleden AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000549412"/>
          <ticker value="KLED"/>
          <other otherDesc="SEDOL" value="B12W4C0"/>
        </identifiers>
        <balance>129951.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1331858.2700000000</valUSD>
        <pctVal>0.2819510328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke BAM Groep NV</name>
        <lei>724500V38C5KTDY5BS93</lei>
        <title>Koninklijke BAM Groep NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000337319"/>
          <ticker value="BAMNB"/>
          <other otherDesc="SEDOL" value="B12W5Y9"/>
        </identifiers>
        <balance>241295.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>647159.6700000000</valUSD>
        <pctVal>0.1370020681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chiba Kogyo Bank Ltd/The</name>
        <lei>353800SQQ8B0KOKZ9Y27</lei>
        <title>Chiba Kogyo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3512200001"/>
          <ticker value="8337"/>
          <other otherDesc="SEDOL" value="6190585"/>
        </identifiers>
        <balance>2000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>4853.3100000000</valUSD>
        <pctVal>0.0010274335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chow Sang Sang Holdings International Ltd</name>
        <lei>N/A</lei>
        <title>Chow Sang Sang Holdings International Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2113M1203"/>
          <ticker value="116"/>
          <other otherDesc="SEDOL" value="6193681"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>406804.1300000000</valUSD>
        <pctVal>0.0861194071</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>Duerr AG</name>
        <lei>5299003APZ54EDTSRO20</lei>
        <title>Duerr AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005565204"/>
          <ticker value="DUE"/>
          <other otherDesc="SEDOL" value="5119901"/>
        </identifiers>
        <balance>19600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>773143.1800000000</valUSD>
        <pctVal>0.1636724590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bertrandt AG</name>
        <lei>529900DRBK1K538NYX30</lei>
        <title>Bertrandt AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005232805"/>
          <ticker value="BDT"/>
          <other otherDesc="SEDOL" value="5130861"/>
        </identifiers>
        <balance>653.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>35524.0400000000</valUSD>
        <pctVal>0.0075203496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dios Fastigheter AB</name>
        <lei>549300G3VF7LZQ9IW435</lei>
        <title>Dios Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001634262"/>
          <ticker value="DIOS"/>
          <other otherDesc="SEDOL" value="B1323T9"/>
        </identifiers>
        <balance>76031.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>608281.4100000000</valUSD>
        <pctVal>0.1287716386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Savills PLC</name>
        <lei>213800WXICGMBWHTA933</lei>
        <title>Savills PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B135BJ46"/>
          <ticker value="SVS"/>
          <other otherDesc="SEDOL" value="B135BJ4"/>
        </identifiers>
        <balance>13071.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>209419.2600000000</valUSD>
        <pctVal>0.0443335286</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>ElringKlinger AG</name>
        <lei>529900QDISXXZ2D1Q489</lei>
        <title>ElringKlinger AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007856023"/>
          <ticker value="ZIL2"/>
          <other otherDesc="SEDOL" value="5138638"/>
        </identifiers>
        <balance>23019.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>385526.2700000000</valUSD>
        <pctVal>0.0816149379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Draegerwerk AG &amp; Co KGaA</name>
        <lei>5493005UFVHY0PPNKD75</lei>
        <title>Draegerwerk AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005550636"/>
          <ticker value="DRW3"/>
          <other otherDesc="SEDOL" value="5169218"/>
        </identifiers>
        <balance>6166.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>471106.4700000000</valUSD>
        <pctVal>0.0997320502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POLYTEC Holding AG</name>
        <lei>529900OVSOBJNXZACW81</lei>
        <title>POLYTEC Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A00XX9"/>
          <ticker value="PYT"/>
          <other otherDesc="SEDOL" value="B138N31"/>
        </identifiers>
        <balance>5940.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>61131.7300000000</valUSD>
        <pctVal>0.0129414329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spar Nord Bank A/S</name>
        <lei>549300DHT635Q5P8J715</lei>
        <title>Spar Nord Bank A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060036564"/>
          <ticker value="SPNO"/>
          <other otherDesc="SEDOL" value="B14LS01"/>
        </identifiers>
        <balance>5520.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>57410.7200000000</valUSD>
        <pctVal>0.0121537045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MNF Group Ltd</name>
        <lei>N/A</lei>
        <title>MNF Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MNF0"/>
          <ticker value="MNF"/>
          <other otherDesc="SEDOL" value="B14PJ33"/>
        </identifiers>
        <balance>3813.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>14429.2000000000</valUSD>
        <pctVal>0.0030546252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMC Markets PLC</name>
        <lei>213800VB75KAZBFH5U07</lei>
        <title>CMC Markets PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B14SKR37"/>
          <ticker value="CMCX"/>
          <other otherDesc="SEDOL" value="B14SKR3"/>
        </identifiers>
        <balance>45372.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>256629.7500000000</valUSD>
        <pctVal>0.0543278701</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>China Strategic Holdings Ltd</name>
        <lei>N/A</lei>
        <title>China Strategic Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0235034623"/>
          <ticker value="235"/>
          <other otherDesc="SEDOL" value="B14VKP0"/>
        </identifiers>
        <balance>16795000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>348335.2900000000</valUSD>
        <pctVal>0.0737417013</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>Gold Road Resources Ltd</name>
        <lei>213800HJWH96TDEMNY83</lei>
        <title>Gold Road Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GOR5"/>
          <ticker value="GOR"/>
          <other otherDesc="SEDOL" value="B15F5K1"/>
        </identifiers>
        <balance>255441.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>235593.2800000000</valUSD>
        <pctVal>0.0498745025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chubu Shiryo Co Ltd</name>
        <lei>N/A</lei>
        <title>Chubu Shiryo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3525400002"/>
          <ticker value="2053"/>
          <other otherDesc="SEDOL" value="6195665"/>
        </identifiers>
        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>28669.8700000000</valUSD>
        <pctVal>0.0060693391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Servcorp Ltd</name>
        <lei>N/A</lei>
        <title>Servcorp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SRV5"/>
          <ticker value="SRV"/>
          <other otherDesc="SEDOL" value="6196895"/>
        </identifiers>
        <balance>22553.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>57936.2400000000</valUSD>
        <pctVal>0.0122649557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Largo Resources Ltd</name>
        <lei>549300DNLDBZOCZKIM08</lei>
        <title>Largo Resources Ltd</title>
        <cusip>517103404</cusip>
        <identifiers>
          <isin value="CA5171034047"/>
          <ticker value="LGO"/>
          <other otherDesc="SEDOL" value="BRK9VY6"/>
        </identifiers>
        <balance>29629.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>41209.5900000000</valUSD>
        <pctVal>0.0087239661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Laurentian Bank of Canada</name>
        <lei>HO0K6ZULL3QE6S6SFW60</lei>
        <title>Laurentian Bank of Canada</title>
        <cusip>51925D106</cusip>
        <identifiers>
          <isin value="CA51925D1069"/>
          <ticker value="LB"/>
          <other otherDesc="SEDOL" value="2077347"/>
        </identifiers>
        <balance>7300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>199967.0000000000</valUSD>
        <pctVal>0.0423325090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DNO ASA</name>
        <lei>5967007LIEEXZXH3K072</lei>
        <title>DNO ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003921009"/>
          <ticker value="DNO"/>
          <other otherDesc="SEDOL" value="B15GGN4"/>
        </identifiers>
        <balance>515416.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>486634.9500000000</valUSD>
        <pctVal>0.1030193902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TGS NOPEC Geophysical Co ASA</name>
        <lei>549300NUPLAXPB0WYH90</lei>
        <title>TGS NOPEC Geophysical Co ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003078800"/>
          <ticker value="TGS"/>
          <other otherDesc="SEDOL" value="B15SLC4"/>
        </identifiers>
        <balance>100005.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>1585094.8100000000</valUSD>
        <pctVal>0.3355605689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clal Insurance Enterprises Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Clal Insurance Enterprises Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002240146"/>
          <ticker value="CLIS"/>
          <other otherDesc="SEDOL" value="6200600"/>
        </identifiers>
        <balance>23839.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>367460.5000000000</valUSD>
        <pctVal>0.0777904600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boustead Singapore Ltd</name>
        <lei>254900VRXISFIBDS7X84</lei>
        <title>Boustead Singapore Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1X13940751"/>
          <ticker value="BOCS"/>
          <other otherDesc="SEDOL" value="6207076"/>
        </identifiers>
        <balance>107700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>71785.5200000000</valUSD>
        <pctVal>0.0151968133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banyan Tree Holdings Ltd</name>
        <lei>254900PU1R3XDPBY5390</lei>
        <title>Banyan Tree Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T49930665"/>
          <ticker value="BTH"/>
          <other otherDesc="SEDOL" value="B168CV9"/>
        </identifiers>
        <balance>67500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>13369.9500000000</valUSD>
        <pctVal>0.0028303847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kloeckner &amp; Co SE</name>
        <lei>529900CQ31CN6GV5LL52</lei>
        <title>Kloeckner &amp; Co SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000KC01000"/>
          <ticker value="KCO"/>
          <other otherDesc="SEDOL" value="B170DQ6"/>
        </identifiers>
        <balance>48838.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>518087.3600000000</valUSD>
        <pctVal>0.1096777859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boral Ltd</name>
        <lei>549300KLCHOLFEMSPR08</lei>
        <title>Boral Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BLD2"/>
          <ticker value="BLD"/>
          <other otherDesc="SEDOL" value="6218670"/>
        </identifiers>
        <balance>559792.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>2235726.4500000000</valUSD>
        <pctVal>0.4732976443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTI Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>CTI Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3281900005"/>
          <ticker value="9621"/>
          <other otherDesc="SEDOL" value="6222370"/>
        </identifiers>
        <balance>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>59176.8800000000</valUSD>
        <pctVal>0.0125275961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSR Ltd</name>
        <lei>549300TOGR54OMW2T093</lei>
        <title>CSR Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CSR5"/>
          <ticker value="CSR"/>
          <other otherDesc="SEDOL" value="6238645"/>
        </identifiers>
        <balance>331604.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1393891.3700000000</valUSD>
        <pctVal>0.2950832835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Food Empire Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Food Empire Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1I44882534"/>
          <ticker value="FEH"/>
          <other otherDesc="SEDOL" value="6241546"/>
        </identifiers>
        <balance>57400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>39049.9100000000</valUSD>
        <pctVal>0.0082667673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JET2 PLC</name>
        <lei>I72RQ3PNLDPW8R7JIJ56</lei>
        <title>JET2 PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1722W11"/>
          <ticker value="JET2"/>
          <other otherDesc="SEDOL" value="B1722W1"/>
        </identifiers>
        <balance>46186.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>935513.3900000000</valUSD>
        <pctVal>0.1980458225</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>Burckhardt Compression Holding AG</name>
        <lei>5067004N56DLX7GY3E95</lei>
        <title>Burckhardt Compression Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0025536027"/>
          <ticker value="BCHN"/>
          <other otherDesc="SEDOL" value="B176416"/>
        </identifiers>
        <balance>1425.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>521606.0800000000</valUSD>
        <pctVal>0.1104226901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dah Sing Financial Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Dah Sing Financial Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0440001847"/>
          <ticker value="440"/>
          <other otherDesc="SEDOL" value="6249799"/>
        </identifiers>
        <balance>130000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>420526.4900000000</valUSD>
        <pctVal>0.0890243961</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>Enplas Corp</name>
        <lei>N/A</lei>
        <title>Enplas Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3169800004"/>
          <ticker value="6961"/>
          <other otherDesc="SEDOL" value="6250296"/>
        </identifiers>
        <balance>3500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>144575.6800000000</valUSD>
        <pctVal>0.0306063064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uponor Oyj</name>
        <lei>743700KA2GMSYJM3CM12</lei>
        <title>Uponor OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009002158"/>
          <ticker value="UPONOR"/>
          <other otherDesc="SEDOL" value="5232671"/>
        </identifiers>
        <balance>73062.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1530179.9700000000</valUSD>
        <pctVal>0.3239352360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Subsea 7 SA</name>
        <lei>222100AIF0CBCY80AH62</lei>
        <title>Subsea 7 SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0075646355"/>
          <ticker value="SUBC"/>
          <other otherDesc="SEDOL" value="5258246"/>
        </identifiers>
        <balance>247782.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>2586919.5200000000</valUSD>
        <pctVal>0.5476443304</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>Sixt SE</name>
        <lei>5299004ZME6CSBR7WP07</lei>
        <title>Sixt SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007231326"/>
          <ticker value="SIX2"/>
          <other otherDesc="SEDOL" value="5260768"/>
        </identifiers>
        <balance>8773.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1088387.7200000000</valUSD>
        <pctVal>0.2304089322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLSmidth &amp; Co A/S</name>
        <lei>213800MXXDGQ3ITPXI41</lei>
        <title>FLSmidth &amp; Co A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010234467"/>
          <ticker value="FLS"/>
          <other otherDesc="SEDOL" value="5263574"/>
        </identifiers>
        <balance>5997.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>252369.6300000000</valUSD>
        <pctVal>0.0534260134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Investec PLC</name>
        <lei>2138007Z3U5GWDN3MY22</lei>
        <title>Investec PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B17BBQ50"/>
          <ticker value="INVP"/>
          <other otherDesc="SEDOL" value="B17BBQ5"/>
        </identifiers>
        <balance>305049.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>828694.2400000000</valUSD>
        <pctVal>0.1754324782</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>JDC Corp</name>
        <lei>N/A</lei>
        <title>JDC Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3707200006"/>
          <ticker value="1887"/>
          <other otherDesc="SEDOL" value="B17KTT1"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>5174.6800000000</valUSD>
        <pctVal>0.0010954667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Exedy Corp</name>
        <lei>N/A</lei>
        <title>Exedy Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161160001"/>
          <ticker value="7278"/>
          <other otherDesc="SEDOL" value="6250412"/>
        </identifiers>
        <balance>7600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>115538.8100000000</valUSD>
        <pctVal>0.0244592743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiki Aluminium Industry Co Ltd</name>
        <lei>353800ETXWM22FC94B33</lei>
        <title>Daiki Aluminium Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3480600000"/>
          <ticker value="5702"/>
          <other otherDesc="SEDOL" value="6250490"/>
        </identifiers>
        <balance>6000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>44072.6700000000</valUSD>
        <pctVal>0.0093300730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sixt SE</name>
        <lei>5299004ZME6CSBR7WP07</lei>
        <title>Sixt SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007231334"/>
          <ticker value="SIX3"/>
          <other otherDesc="SEDOL" value="5271276"/>
        </identifiers>
        <balance>4462.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>333494.1300000000</valUSD>
        <pctVal>0.0705998653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Societe BIC SA</name>
        <lei>969500UR00DF63I0VH67</lei>
        <title>Societe BIC SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120966"/>
          <ticker value="BB"/>
          <other otherDesc="SEDOL" value="5298781"/>
        </identifiers>
        <balance>10365.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>581438.7200000000</valUSD>
        <pctVal>0.1230891089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Linamar Corp</name>
        <lei>549300LW6VIYFRMFBU20</lei>
        <title>Linamar Corp</title>
        <cusip>53278L107</cusip>
        <identifiers>
          <isin value="CA53278L1076"/>
          <ticker value="LNR"/>
          <other otherDesc="SEDOL" value="2516022"/>
        </identifiers>
        <balance>25688.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1435387.1400000000</valUSD>
        <pctVal>0.3038678332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rheinmetall AG</name>
        <lei>5299001OU9CSE29O6S05</lei>
        <title>Rheinmetall AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007030009"/>
          <ticker value="RHM"/>
          <other otherDesc="SEDOL" value="5334588"/>
        </identifiers>
        <balance>25593.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>2549529.1600000000</valUSD>
        <pctVal>0.5397288856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reno de Medici SpA</name>
        <lei>815600D6907FE7116F38</lei>
        <title>Reno de Medici SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001178299"/>
          <ticker value="RM"/>
          <other otherDesc="SEDOL" value="5380428"/>
        </identifiers>
        <balance>374868.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>473124.5900000000</valUSD>
        <pctVal>0.1001592811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Salzgitter AG</name>
        <lei>529900E12Z6HXIMHFA15</lei>
        <title>Salzgitter AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006202005"/>
          <ticker value="SZG"/>
          <other otherDesc="SEDOL" value="5465358"/>
        </identifiers>
        <balance>31068.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>926200.2300000000</valUSD>
        <pctVal>0.1960742500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bauer AG</name>
        <lei>529900XMQYET3NBF2363</lei>
        <title>Bauer AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005168108"/>
          <ticker value="B5A"/>
          <other otherDesc="SEDOL" value="B17M2N2"/>
        </identifiers>
        <balance>6293.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>82025.8500000000</valUSD>
        <pctVal>0.0173646653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lookers PLC</name>
        <lei>213800TSB8PJEACDAV33</lei>
        <title>Lookers PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B17MMZ46"/>
          <ticker value="LOOK"/>
          <other otherDesc="SEDOL" value="B17MMZ4"/>
        </identifiers>
        <balance>53201.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>30463.1700000000</valUSD>
        <pctVal>0.0064489762</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>Saab AB</name>
        <lei>549300ZHO4JCQQI13M69</lei>
        <title>Saab AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000112385"/>
          <ticker value="SAABB"/>
          <other otherDesc="SEDOL" value="5469554"/>
        </identifiers>
        <balance>32347.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>855647.8200000000</valUSD>
        <pctVal>0.1811384830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aurubis AG</name>
        <lei>5299005SHIN9ZK7GW242</lei>
        <title>Aurubis AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006766504"/>
          <ticker value="NDA"/>
          <other otherDesc="SEDOL" value="5485527"/>
        </identifiers>
        <balance>20910.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1816813.2600000000</valUSD>
        <pctVal>0.3846147797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIC Corp</name>
        <lei>549300F1YB9ARLPUKB67</lei>
        <title>DIC Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3493400000"/>
          <ticker value="4631"/>
          <other otherDesc="SEDOL" value="6250821"/>
        </identifiers>
        <balance>43900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1085686.8000000000</valUSD>
        <pctVal>0.2298371542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBERIDE Inc</name>
        <lei>N/A</lei>
        <title>GLOBERIDE Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3503800009"/>
          <ticker value="7990"/>
          <other otherDesc="SEDOL" value="6251482"/>
        </identifiers>
        <balance>4300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>164968.3500000000</valUSD>
        <pctVal>0.0349233832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wacker Neuson SE</name>
        <lei>529900RJL86244E1I652</lei>
        <title>Wacker Neuson SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000WACK012"/>
          <ticker value="WAC"/>
          <other otherDesc="SEDOL" value="B17R248"/>
        </identifiers>
        <balance>13404.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>272460.4100000000</valUSD>
        <pctVal>0.0576791808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mineral Resources Ltd</name>
        <lei>N/A</lei>
        <title>Mineral Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MIN4"/>
          <ticker value="MIN"/>
          <other otherDesc="SEDOL" value="B17ZL56"/>
        </identifiers>
        <balance>44869.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1312480.3100000000</valUSD>
        <pctVal>0.2778487676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LISI</name>
        <lei>969500UU4O58BR802Y55</lei>
        <title>LISI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000050353"/>
          <ticker value="FII"/>
          <other otherDesc="SEDOL" value="5489916"/>
        </identifiers>
        <balance>16305.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>400138.1400000000</valUSD>
        <pctVal>0.0847082339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lundin Mining Corp</name>
        <lei>549300FQDIM6C8HTN269</lei>
        <title>Lundin Mining Corp</title>
        <cusip>550372106</cusip>
        <identifiers>
          <isin value="CA5503721063"/>
          <ticker value="LUN"/>
          <other otherDesc="SEDOL" value="2866857"/>
        </identifiers>
        <balance>191342.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>2190674.9500000000</valUSD>
        <pctVal>0.4637603555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Albioma SA</name>
        <lei>9695002W8GRJRZ44MA62</lei>
        <title>Albioma SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000060402"/>
          <ticker value="ABIO"/>
          <other otherDesc="SEDOL" value="B188CY0"/>
        </identifiers>
        <balance>23597.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1149873.0800000000</valUSD>
        <pctVal>0.2434252276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Catalana Occidente SA</name>
        <lei>959800H2P9S8MS95DT42</lei>
        <title>Grupo Catalana Occidente SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0116920333"/>
          <ticker value="GCO"/>
          <other otherDesc="SEDOL" value="B188XC5"/>
        </identifiers>
        <balance>19118.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>712621.2100000000</valUSD>
        <pctVal>0.1508601108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sacyr SA</name>
        <lei>959800XKAB9VNAVN9425</lei>
        <title>Sacyr SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0182870214"/>
          <ticker value="SCYR"/>
          <other otherDesc="SEDOL" value="5504789"/>
        </identifiers>
        <balance>5270.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>13299.2200000000</valUSD>
        <pctVal>0.0028154113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Krones AG</name>
        <lei>529900NY2GSZWWUBW049</lei>
        <title>Krones AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006335003"/>
          <ticker value="KRN"/>
          <other otherDesc="SEDOL" value="5523881"/>
        </identifiers>
        <balance>1867.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>157422.0500000000</valUSD>
        <pctVal>0.0333258505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mullen Group Ltd</name>
        <lei>N/A</lei>
        <title>Mullen Group Ltd</title>
        <cusip>625284104</cusip>
        <identifiers>
          <isin value="CA6252841045"/>
          <ticker value="MTL"/>
          <other otherDesc="SEDOL" value="B4MMW16"/>
        </identifiers>
        <balance>52247.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>411374.3000000000</valUSD>
        <pctVal>0.0870869006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hagihara Industries Inc</name>
        <lei>N/A</lei>
        <title>Hagihara Industries Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3765500008"/>
          <ticker value="7856"/>
          <other otherDesc="SEDOL" value="6254351"/>
        </identifiers>
        <balance>4800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>63981.7500000000</valUSD>
        <pctVal>0.0135447749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HKScan Oyj</name>
        <lei>7437000PN6E448NPGY86</lei>
        <title>HKScan Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009006308"/>
          <ticker value="HKSAV"/>
          <other otherDesc="SEDOL" value="5537387"/>
        </identifiers>
        <balance>54873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>143835.9500000000</valUSD>
        <pctVal>0.0304497074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orange Belgium SA</name>
        <lei>5493007JS0ZHJVBUWP18</lei>
        <title>Orange Belgium SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003735496"/>
          <ticker value="OBEL"/>
          <other otherDesc="SEDOL" value="5541979"/>
        </identifiers>
        <balance>51095.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1405496.2400000000</valUSD>
        <pctVal>0.2975400051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Select Harvests Ltd</name>
        <lei>549300JZYUFVKN0L4E13</lei>
        <title>Select Harvests Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SHV6"/>
          <ticker value="SHV"/>
          <other otherDesc="SEDOL" value="6260723"/>
        </identifiers>
        <balance>42088.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>170235.6800000000</valUSD>
        <pctVal>0.0360384636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Areas Ltd</name>
        <lei>213800QVJGB47FY5Z403</lei>
        <title>Western Areas Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WSA9"/>
          <ticker value="WSA"/>
          <other otherDesc="SEDOL" value="6261243"/>
        </identifiers>
        <balance>173617.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>344875.0700000000</valUSD>
        <pctVal>0.0730091815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jungheinrich AG</name>
        <lei>529900PHZORTU6FSXE73</lei>
        <title>Jungheinrich AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006219934"/>
          <ticker value="JUN3"/>
          <other otherDesc="SEDOL" value="5545670"/>
        </identifiers>
        <balance>42363.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1827752.2300000000</valUSD>
        <pctVal>0.3869305320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alten SA</name>
        <lei>969500Y7G9TY7Y24GN07</lei>
        <title>Alten SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000071946"/>
          <ticker value="ATE"/>
          <other otherDesc="SEDOL" value="5608915"/>
        </identifiers>
        <balance>3271.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>361221.9300000000</valUSD>
        <pctVal>0.0764697705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Denyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Denyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3551600004"/>
          <ticker value="6517"/>
          <other otherDesc="SEDOL" value="6263777"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>19087.6200000000</valUSD>
        <pctVal>0.0040408010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi UFJ Lease &amp; Finance Co Ltd</name>
        <lei>353800MZ3QX9RLMH7B09</lei>
        <title>Mitsubishi UFJ Lease &amp; Finance Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3499800005"/>
          <ticker value="8593"/>
          <other otherDesc="SEDOL" value="6268976"/>
        </identifiers>
        <balance>195800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1062427.0300000000</valUSD>
        <pctVal>0.2249131196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viscofan SA</name>
        <lei>95980020140005684765</lei>
        <title>Viscofan SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0184262212"/>
          <ticker value="VIS"/>
          <other otherDesc="SEDOL" value="5638280"/>
        </identifiers>
        <balance>1904.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>133737.8300000000</valUSD>
        <pctVal>0.0283119609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADVA Optical Networking SE</name>
        <lei>5299001QZNN0TKI9J120</lei>
        <title>ADVA Optical Networking SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005103006"/>
          <ticker value="ADV"/>
          <other otherDesc="SEDOL" value="5653487"/>
        </identifiers>
        <balance>12190.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>134467.0500000000</valUSD>
        <pctVal>0.0284663350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emeco Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Emeco Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000EHL7"/>
          <ticker value="EHL"/>
          <other otherDesc="SEDOL" value="B1978V5"/>
        </identifiers>
        <balance>338785.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>269506.1600000000</valUSD>
        <pctVal>0.0570537736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PZ Cussons PLC</name>
        <lei>XB3CXKKKED7OMV80FY35</lei>
        <title>PZ Cussons PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B19Z1432"/>
          <ticker value="PZC"/>
          <other otherDesc="SEDOL" value="B19Z143"/>
        </identifiers>
        <balance>91286.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>310637.6000000000</valUSD>
        <pctVal>0.0657611956</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>Dowa Holdings Co Ltd</name>
        <lei>353800ZSQZKFE140A689</lei>
        <title>Dowa Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3638600001"/>
          <ticker value="5714"/>
          <other otherDesc="SEDOL" value="6278306"/>
        </identifiers>
        <balance>22100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>887615.0800000000</valUSD>
        <pctVal>0.1879058712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kintetsu World Express Inc</name>
        <lei>N/A</lei>
        <title>Kintetsu World Express Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3262900008"/>
          <ticker value="9375"/>
          <other otherDesc="SEDOL" value="6282211"/>
        </identifiers>
        <balance>4400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>114712.3000000000</valUSD>
        <pctVal>0.0242843043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Schouw &amp; Co A/S</name>
        <lei>213800V2R9WMMZASKK57</lei>
        <title>Schouw &amp; Co A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010253921"/>
          <ticker value="SCHO"/>
          <other otherDesc="SEDOL" value="5690859"/>
        </identifiers>
        <balance>2148.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>217390.5100000000</valUSD>
        <pctVal>0.0460210221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elmos Semiconductor SE</name>
        <lei>529900UMKKDCAP4P4H63</lei>
        <title>Elmos Semiconductor SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005677108"/>
          <ticker value="ELG"/>
          <other otherDesc="SEDOL" value="5695423"/>
        </identifiers>
        <balance>944.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>37496.4400000000</valUSD>
        <pctVal>0.0079379017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gurit Holding AG</name>
        <lei>529900VOD3V5IBEW8G44</lei>
        <title>Gurit Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0008012236"/>
          <ticker value="GUR"/>
          <other otherDesc="SEDOL" value="5703791"/>
        </identifiers>
        <balance>316.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>796743.4600000000</valUSD>
        <pctVal>0.1686685787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MLP SE</name>
        <lei>529900M25NF9TALIWQ20</lei>
        <title>MLP SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006569908"/>
          <ticker value="MLP"/>
          <other otherDesc="SEDOL" value="5720273"/>
        </identifiers>
        <balance>9280.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>71072.8800000000</valUSD>
        <pctVal>0.0150459492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orient Corp</name>
        <lei>N/A</lei>
        <title>Orient Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3199000005"/>
          <ticker value="8585"/>
          <other otherDesc="SEDOL" value="6661122"/>
        </identifiers>
        <balance>319100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>446518.4400000000</valUSD>
        <pctVal>0.0945268263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Martinrea International Inc</name>
        <lei>5493004U3PUN21MLJG41</lei>
        <title>Martinrea International Inc</title>
        <cusip>573459104</cusip>
        <identifiers>
          <isin value="CA5734591046"/>
          <ticker value="MRE"/>
          <other otherDesc="SEDOL" value="2107620"/>
        </identifiers>
        <balance>34570.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>404213.1100000000</valUSD>
        <pctVal>0.0855708948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Melia Hotels International SA</name>
        <lei>959800JRKSZ6YZD4EL80</lei>
        <title>Melia Hotels International SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0176252718"/>
          <ticker value="MEL"/>
          <other otherDesc="SEDOL" value="5738298"/>
        </identifiers>
        <balance>100474.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>848214.5300000000</valUSD>
        <pctVal>0.1795648743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cawachi Ltd</name>
        <lei>N/A</lei>
        <title>Cawachi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3226450009"/>
          <ticker value="2664"/>
          <other otherDesc="SEDOL" value="6289784"/>
        </identifiers>
        <balance>7200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>193824.5700000000</valUSD>
        <pctVal>0.0410321721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roland DG Corp</name>
        <lei>N/A</lei>
        <title>Roland DG Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3983450002"/>
          <ticker value="6789"/>
          <other otherDesc="SEDOL" value="6291400"/>
        </identifiers>
        <balance>3500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>59331.6300000000</valUSD>
        <pctVal>0.0125603563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daihen Corp</name>
        <lei>353800VGTLA3QRNG5478</lei>
        <title>Daihen Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3497800007"/>
          <ticker value="6622"/>
          <other otherDesc="SEDOL" value="6661843"/>
        </identifiers>
        <balance>9400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>401943.0800000000</valUSD>
        <pctVal>0.0850903351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OUE Ltd</name>
        <lei>254900MR17VBF15G0543</lei>
        <title>OUE Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2B80958517"/>
          <ticker value="OUE"/>
          <other otherDesc="SEDOL" value="6663827"/>
        </identifiers>
        <balance>102800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>89316.1200000000</valUSD>
        <pctVal>0.0189079971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mixi Inc</name>
        <lei>N/A</lei>
        <title>Mixi Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3882750007"/>
          <ticker value="2121"/>
          <other otherDesc="SEDOL" value="B1BSCX6"/>
        </identifiers>
        <balance>27800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>699410.2500000000</valUSD>
        <pctVal>0.1480633839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamaguchi Financial Group Inc</name>
        <lei>353800898JPV95YSY548</lei>
        <title>Yamaguchi Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3935300008"/>
          <ticker value="8418"/>
          <other otherDesc="SEDOL" value="B1DGKS9"/>
        </identifiers>
        <balance>52700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>327325.8100000000</valUSD>
        <pctVal>0.0692940475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PS Mitsubishi Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>PS Mitsubishi Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3801400007"/>
          <ticker value="1871"/>
          <other otherDesc="SEDOL" value="6665629"/>
        </identifiers>
        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>32327.2300000000</valUSD>
        <pctVal>0.0068435930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pasco Corp</name>
        <lei>N/A</lei>
        <title>Pasco Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3781400001"/>
          <ticker value="9232"/>
          <other otherDesc="SEDOL" value="6666149"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>6149.7000000000</valUSD>
        <pctVal>0.0013018760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Semperit AG Holding</name>
        <lei>529900PG9O7YFYX5UM88</lei>
        <title>Semperit AG Holding</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000785555"/>
          <ticker value="SEM"/>
          <other otherDesc="SEDOL" value="5760280"/>
        </identifiers>
        <balance>13762.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>425994.4100000000</valUSD>
        <pctVal>0.0901819410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcadis NV</name>
        <lei>7245000UZH70GO047N03</lei>
        <title>Arcadis NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0006237562"/>
          <ticker value="ARCAD"/>
          <other otherDesc="SEDOL" value="5769209"/>
        </identifiers>
        <balance>18515.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>630742.7800000000</valUSD>
        <pctVal>0.1335266539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pacific Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Pacific Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3448400006"/>
          <ticker value="7250"/>
          <other otherDesc="SEDOL" value="6666202"/>
        </identifiers>
        <balance>22600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>244201.6400000000</valUSD>
        <pctVal>0.0516968706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equital Ltd</name>
        <lei>N/A</lei>
        <title>Equital Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007550176"/>
          <ticker value="EQTL"/>
          <other otherDesc="SEDOL" value="6677356"/>
        </identifiers>
        <balance>6077.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>141189.3600000000</valUSD>
        <pctVal>0.0298894310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK-Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>SK-Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3162640001"/>
          <ticker value="6677"/>
          <other otherDesc="SEDOL" value="6680138"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2398.9900000000</valUSD>
        <pctVal>0.0005078601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Penta-Ocean Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Penta-Ocean Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3309000002"/>
          <ticker value="1893"/>
          <other otherDesc="SEDOL" value="6680804"/>
        </identifiers>
        <balance>142600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1066617.7400000000</valUSD>
        <pctVal>0.2258002824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zardoya Otis SA</name>
        <lei>549300JUQ1YDAUW4BB42</lei>
        <title>Zardoya Otis SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0184933812"/>
          <ticker value="ZOT"/>
          <other otherDesc="SEDOL" value="5770900"/>
        </identifiers>
        <balance>30700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>197789.7900000000</valUSD>
        <pctVal>0.0418715991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuestenrot &amp; Wuerttembergische AG</name>
        <lei>5299003H07ZT0Z5ZNN35</lei>
        <title>Wuestenrot &amp; Wuerttembergische AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008051004"/>
          <ticker value="WUW"/>
          <other otherDesc="SEDOL" value="5770911"/>
        </identifiers>
        <balance>13268.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>272771.4300000000</valUSD>
        <pctVal>0.0577450230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mie Kotsu Group Holdings Inc</name>
        <lei>N/A</lei>
        <title>Mie Kotsu Group Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3332510001"/>
          <ticker value="3232"/>
          <other otherDesc="SEDOL" value="B1DRQC8"/>
        </identifiers>
        <balance>8900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>40726.6700000000</valUSD>
        <pctVal>0.0086217332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CropEnergies AG</name>
        <lei>529900FXN57YQ7H5S098</lei>
        <title>CropEnergies AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0LAUP1"/>
          <ticker value="CE2"/>
          <other otherDesc="SEDOL" value="B1FHFF2"/>
        </identifiers>
        <balance>15345.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>206329.1200000000</valUSD>
        <pctVal>0.0436793537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suedzucker AG</name>
        <lei>529900S8QNB101D40S72</lei>
        <title>Suedzucker AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007297004"/>
          <ticker value="SZU"/>
          <other otherDesc="SEDOL" value="5784462"/>
        </identifiers>
        <balance>6146.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>96434.2600000000</valUSD>
        <pctVal>0.0204148893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bigben Interactive</name>
        <lei>9695008GVA59G8SVGO83</lei>
        <title>Bigben Interactive</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000074072"/>
          <ticker value="BIG"/>
          <other otherDesc="SEDOL" value="5800034"/>
        </identifiers>
        <balance>11781.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>278248.1100000000</valUSD>
        <pctVal>0.0589044223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G5 Entertainment AB</name>
        <lei>549300K7QJ1N1FEG2X81</lei>
        <title>G5 Entertainment AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001824004"/>
          <ticker value="G5EN"/>
          <other otherDesc="SEDOL" value="B1FP6W0"/>
        </identifiers>
        <balance>5788.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>333273.7700000000</valUSD>
        <pctVal>0.0705532156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LK Technology Holdings Ltd</name>
        <lei>N/A</lei>
        <title>LK Technology Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG5548P1054"/>
          <ticker value="558"/>
          <other otherDesc="SEDOL" value="B1FQ7Y2"/>
        </identifiers>
        <balance>457500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>605527.1700000000</valUSD>
        <pctVal>0.1281885729</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>Geo Holdings Corp</name>
        <lei>N/A</lei>
        <title>Geo Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3282400005"/>
          <ticker value="2681"/>
          <other otherDesc="SEDOL" value="6296557"/>
        </identifiers>
        <balance>18200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>204185.1000000000</valUSD>
        <pctVal>0.0432254701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eagle Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Eagle Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3130400009"/>
          <ticker value="6486"/>
          <other otherDesc="SEDOL" value="6296706"/>
        </identifiers>
        <balance>9300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>95102.9400000000</valUSD>
        <pctVal>0.0201330523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bekaert SA</name>
        <lei>5493008SR6XZECH6BN71</lei>
        <title>Bekaert SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974258874"/>
          <ticker value="BEKB"/>
          <other otherDesc="SEDOL" value="5827431"/>
        </identifiers>
        <balance>64062.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>2354547.4300000000</valUSD>
        <pctVal>0.4984517457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Methanex Corp</name>
        <lei>549300TSJHRXT9QXRD13</lei>
        <title>Methanex Corp</title>
        <cusip>59151K108</cusip>
        <identifiers>
          <isin value="CA59151K1084"/>
          <ticker value="MX"/>
          <other otherDesc="SEDOL" value="2654416"/>
        </identifiers>
        <balance>27255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1050707.4500000000</valUSD>
        <pctVal>0.2224321141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Semapa-Sociedade de Investimento e Gestao</name>
        <lei>549300HNGOW85KIOH584</lei>
        <title>Semapa-Sociedade de Investimento e Gestao</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTSEM0AM0004"/>
          <ticker value="SEM"/>
          <other otherDesc="SEDOL" value="5962934"/>
        </identifiers>
        <balance>13427.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>192469.4000000000</valUSD>
        <pctVal>0.0407452860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanoma Oyj</name>
        <lei>743700XJC24THUPK0S03</lei>
        <title>Sanoma Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007694"/>
          <ticker value="SAA1V"/>
          <other otherDesc="SEDOL" value="5964640"/>
        </identifiers>
        <balance>35257.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>581532.7500000000</valUSD>
        <pctVal>0.1231090148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hochschild Mining PLC</name>
        <lei>549300JK10TVQ3CCJQ89</lei>
        <title>Hochschild Mining PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1FW5029"/>
          <ticker value="HOC"/>
          <other otherDesc="SEDOL" value="B1FW502"/>
        </identifiers>
        <balance>141678.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>424310.1800000000</valUSD>
        <pctVal>0.0898253937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aozora Bank Ltd</name>
        <lei>X0XUGKC9FD2CYUQNC010</lei>
        <title>Aozora Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3711200000"/>
          <ticker value="8304"/>
          <other otherDesc="SEDOL" value="B1G1854"/>
        </identifiers>
        <balance>59200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1262296.6400000000</valUSD>
        <pctVal>0.2672250114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sonae SGPS SA</name>
        <lei>549300847SOBT7HY7R50</lei>
        <title>Sonae SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTSON0AM0001"/>
          <ticker value="SON"/>
          <other otherDesc="SEDOL" value="5973992"/>
        </identifiers>
        <balance>12843.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>10534.7300000000</valUSD>
        <pctVal>0.0022301757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Metropole Television SA</name>
        <lei>96950018NOMJX5XRH047</lei>
        <title>Metropole Television SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053225"/>
          <ticker value="MMT"/>
          <other otherDesc="SEDOL" value="5993901"/>
        </identifiers>
        <balance>26012.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>518722.3200000000</valUSD>
        <pctVal>0.1098122054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hope Corp Ltd</name>
        <lei>N/A</lei>
        <title>New Hope Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NHC7"/>
          <ticker value="NHC"/>
          <other otherDesc="SEDOL" value="6681960"/>
        </identifiers>
        <balance>227283.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>219662.3000000000</valUSD>
        <pctVal>0.0465019543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hokuhoku Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Hokuhoku Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3842400008"/>
          <ticker value="8377"/>
          <other otherDesc="SEDOL" value="6683591"/>
        </identifiers>
        <balance>63700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>579602.1200000000</valUSD>
        <pctVal>0.1227003053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adastria Co Ltd</name>
        <lei>N/A</lei>
        <title>Adastria Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3856000009"/>
          <ticker value="2685"/>
          <other otherDesc="SEDOL" value="6300016"/>
        </identifiers>
        <balance>11900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>225945.6100000000</valUSD>
        <pctVal>0.0478321151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ebara Corp</name>
        <lei>N/A</lei>
        <title>Ebara Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166000004"/>
          <ticker value="6361"/>
          <other otherDesc="SEDOL" value="6302700"/>
        </identifiers>
        <balance>56900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2143711.9200000000</valUSD>
        <pctVal>0.4538184006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sa Sa International Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Sa Sa International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG7814S1021"/>
          <ticker value="178"/>
          <other otherDesc="SEDOL" value="6003401"/>
        </identifiers>
        <balance>918000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>224748.7700000000</valUSD>
        <pctVal>0.0475787471</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>Adbri Ltd</name>
        <lei>N/A</lei>
        <title>Adbri Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ABC7"/>
          <ticker value="ABC"/>
          <other otherDesc="SEDOL" value="6006886"/>
        </identifiers>
        <balance>174184.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>435117.4300000000</valUSD>
        <pctVal>0.0921132613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>I-PEX Inc</name>
        <lei>N/A</lei>
        <title>I-PEX Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3476210004"/>
          <ticker value="6640"/>
          <other otherDesc="SEDOL" value="B1G2RD8"/>
        </identifiers>
        <balance>1900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>35430.8400000000</valUSD>
        <pctVal>0.0075006194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elica SpA</name>
        <lei>815600F231566A38BC43</lei>
        <title>Elica SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003404214"/>
          <ticker value="ELC"/>
          <other otherDesc="SEDOL" value="B1GFPS8"/>
        </identifiers>
        <balance>12000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>46696.7200000000</valUSD>
        <pctVal>0.0098855777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hazama Ando Corp</name>
        <lei>353800YSSP5B2GMQ6E51</lei>
        <title>Hazama Ando Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3767810009"/>
          <ticker value="1719"/>
          <other otherDesc="SEDOL" value="6687991"/>
        </identifiers>
        <balance>3700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>28126.0600000000</valUSD>
        <pctVal>0.0059542159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>St-Care Holding Corp</name>
        <lei>N/A</lei>
        <title>St-Care Holding Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3424980005"/>
          <ticker value="2374"/>
          <other otherDesc="SEDOL" value="6695240"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>21159.9200000000</valUSD>
        <pctVal>0.0044795016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aichi Steel Corp</name>
        <lei>N/A</lei>
        <title>Aichi Steel Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3103600007"/>
          <ticker value="5482"/>
          <other otherDesc="SEDOL" value="6010207"/>
        </identifiers>
        <balance>700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>20548.4200000000</valUSD>
        <pctVal>0.0043500486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aisan Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Aisan Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3101600009"/>
          <ticker value="7283"/>
          <other otherDesc="SEDOL" value="6010649"/>
        </identifiers>
        <balance>4700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>25311.8500000000</valUSD>
        <pctVal>0.0053584547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Denka Co Ltd</name>
        <lei>N/A</lei>
        <title>Denka Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3549600009"/>
          <ticker value="4061"/>
          <other otherDesc="SEDOL" value="6309820"/>
        </identifiers>
        <balance>14500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>548456.5300000000</valUSD>
        <pctVal>0.1161068626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>St Barbara Ltd</name>
        <lei>2549001WR6XSXNOD1F93</lei>
        <title>St Barbara Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SBM8"/>
          <ticker value="SBM"/>
          <other otherDesc="SEDOL" value="6317072"/>
        </identifiers>
        <balance>526405.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>834388.5600000000</valUSD>
        <pctVal>0.1766379513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyoei Steel Ltd</name>
        <lei>N/A</lei>
        <title>Kyoei Steel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3247400009"/>
          <ticker value="5440"/>
          <other otherDesc="SEDOL" value="B1HHF49"/>
        </identifiers>
        <balance>10100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>134841.3000000000</valUSD>
        <pctVal>0.0285455627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marston's PLC</name>
        <lei>213800Q6RP3ZJ2CZR962</lei>
        <title>Marston's PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1JQDM80"/>
          <ticker value="MARS"/>
          <other otherDesc="SEDOL" value="B1JQDM8"/>
        </identifiers>
        <balance>459281.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>612034.6900000000</valUSD>
        <pctVal>0.1295661985</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>Tower Semiconductor Ltd</name>
        <lei>54930086ZSNXZOUX0C54</lei>
        <title>Tower Semiconductor Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010823792"/>
          <ticker value="TSEM"/>
          <other otherDesc="SEDOL" value="6320605"/>
        </identifiers>
        <balance>32059.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>955320.4300000000</valUSD>
        <pctVal>0.2022389229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FCC Co Ltd</name>
        <lei>N/A</lei>
        <title>FCC Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166900005"/>
          <ticker value="7296"/>
          <other otherDesc="SEDOL" value="6332860"/>
        </identifiers>
        <balance>6600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>105245.0400000000</valUSD>
        <pctVal>0.0222801092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chemometec A/S</name>
        <lei>213800533NBKECGONO68</lei>
        <title>Chemometec A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060055861"/>
          <ticker value="CHEMM"/>
          <other otherDesc="SEDOL" value="B1KBGS9"/>
        </identifiers>
        <balance>1614.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>148956.4300000000</valUSD>
        <pctVal>0.0315337001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paz Oil Co Ltd</name>
        <lei>N/A</lei>
        <title>Paz Oil Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011000077"/>
          <ticker value="PZOL"/>
          <other otherDesc="SEDOL" value="B1L3K60"/>
        </identifiers>
        <balance>4522.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>419572.8000000000</valUSD>
        <pctVal>0.0888225023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nufarm Ltd/Australia</name>
        <lei>N/A</lei>
        <title>Nufarm Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NUF3"/>
          <ticker value="NUF"/>
          <other otherDesc="SEDOL" value="6335331"/>
        </identifiers>
        <balance>215954.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>799162.0700000000</valUSD>
        <pctVal>0.1691805923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIBI Holdings Ltd</name>
        <lei>N/A</lei>
        <title>FIBI Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007630119"/>
          <ticker value="FIBIH"/>
          <other otherDesc="SEDOL" value="6339429"/>
        </identifiers>
        <balance>13173.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>385421.7300000000</valUSD>
        <pctVal>0.0815928071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Premier Investments Ltd</name>
        <lei>N/A</lei>
        <title>Premier Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PMV2"/>
          <ticker value="PMV"/>
          <other otherDesc="SEDOL" value="6699781"/>
        </identifiers>
        <balance>13057.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>212321.2700000000</valUSD>
        <pctVal>0.0449478767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Press Kogyo Co Ltd</name>
        <lei>353800Z8ABLQL0MHSA16</lei>
        <title>Press Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833600004"/>
          <ticker value="7246"/>
          <other otherDesc="SEDOL" value="6701006"/>
        </identifiers>
        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>15091.0400000000</valUSD>
        <pctVal>0.0031947351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Airport Facilities Co Ltd</name>
        <lei>N/A</lei>
        <title>Airport Facilities Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3266050008"/>
          <ticker value="8864"/>
          <other otherDesc="SEDOL" value="6012742"/>
        </identifiers>
        <balance>3500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>17438.8900000000</valUSD>
        <pctVal>0.0036917690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G-7 Holdings Inc</name>
        <lei>N/A</lei>
        <title>G-7 Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3172450003"/>
          <ticker value="7508"/>
          <other otherDesc="SEDOL" value="6034188"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>13375.7100000000</valUSD>
        <pctVal>0.0028316040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texwinca Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Texwinca Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8770Z1068"/>
          <ticker value="321"/>
          <other otherDesc="SEDOL" value="6039558"/>
        </identifiers>
        <balance>440000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>96306.6500000000</valUSD>
        <pctVal>0.0203878746</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>Resorttrust Inc</name>
        <lei>353800FM9MYWH105SE11</lei>
        <title>Resorttrust Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3974450003"/>
          <ticker value="4681"/>
          <other otherDesc="SEDOL" value="6044132"/>
        </identifiers>
        <balance>2600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>46102.7300000000</valUSD>
        <pctVal>0.0097598315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Pacific Co Ltd</name>
        <lei>254900VS1MDQSDM9DE09</lei>
        <title>First Pacific Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG348041077"/>
          <ticker value="142"/>
          <other otherDesc="SEDOL" value="6339872"/>
        </identifiers>
        <balance>1384000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>453098.2700000000</valUSD>
        <pctVal>0.0959197597</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>Foster Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Foster Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802800007"/>
          <ticker value="6794"/>
          <other otherDesc="SEDOL" value="6349008"/>
        </identifiers>
        <balance>10400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>121277.2400000000</valUSD>
        <pctVal>0.0256740855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Petroleum Exploration Co Ltd</name>
        <lei>549300WXUNBZ356DMN17</lei>
        <title>Japan Petroleum Exploration Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3421100003"/>
          <ticker value="1662"/>
          <other otherDesc="SEDOL" value="6711696"/>
        </identifiers>
        <balance>15100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>318354.0900000000</valUSD>
        <pctVal>0.0673947570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nafco Co Ltd</name>
        <lei>N/A</lei>
        <title>Nafco Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3651160008"/>
          <ticker value="2790"/>
          <other otherDesc="SEDOL" value="6712815"/>
        </identifiers>
        <balance>8500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>163782.1100000000</valUSD>
        <pctVal>0.0346722591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AOKI Holdings Inc</name>
        <lei>N/A</lei>
        <title>AOKI Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105400000"/>
          <ticker value="8214"/>
          <other otherDesc="SEDOL" value="6045759"/>
        </identifiers>
        <balance>4600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>29705.5300000000</valUSD>
        <pctVal>0.0062885857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcland Sakamoto Co Ltd</name>
        <lei>N/A</lei>
        <title>Arcland Sakamoto Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3100100001"/>
          <ticker value="9842"/>
          <other otherDesc="SEDOL" value="6048004"/>
        </identifiers>
        <balance>12900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>185959.7800000000</valUSD>
        <pctVal>0.0393672159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PGS ASA</name>
        <lei>213800T66DRTE6O6BV87</lei>
        <title>PGS ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010199151"/>
          <ticker value="PGS"/>
          <other otherDesc="SEDOL" value="B1L7YL5"/>
        </identifiers>
        <balance>632792.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>412299.4600000000</valUSD>
        <pctVal>0.0872827546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Galaxy Resources Ltd</name>
        <lei>2549000PB9F7T41BCD86</lei>
        <title>Galaxy Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GXY2"/>
          <ticker value="GXY"/>
          <other otherDesc="SEDOL" value="B1LJTM7"/>
        </identifiers>
        <balance>3318.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>6663.3600000000</valUSD>
        <pctVal>0.0014106165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daikokutenbussan Co Ltd</name>
        <lei>N/A</lei>
        <title>Daikokutenbussan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3483050005"/>
          <ticker value="2791"/>
          <other otherDesc="SEDOL" value="6713186"/>
        </identifiers>
        <balance>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>148951.0800000000</valUSD>
        <pctVal>0.0315325675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBS Holdings Inc</name>
        <lei>N/A</lei>
        <title>SBS Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3163500006"/>
          <ticker value="2384"/>
          <other otherDesc="SEDOL" value="6713227"/>
        </identifiers>
        <balance>10600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>241816.8500000000</valUSD>
        <pctVal>0.0511920166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flight Centre Travel Group Ltd</name>
        <lei>254900BGNUI78EKEJY68</lei>
        <title>Flight Centre Travel Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000FLT9"/>
          <ticker value="FLT"/>
          <other otherDesc="SEDOL" value="6352147"/>
        </identifiers>
        <balance>11188.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>143690.2700000000</valUSD>
        <pctVal>0.0304188673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferrotec Holdings Corp</name>
        <lei>N/A</lei>
        <title>Ferrotec Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802720007"/>
          <ticker value="6890"/>
          <other otherDesc="SEDOL" value="6354273"/>
        </identifiers>
        <balance>18400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>369880.9700000000</valUSD>
        <pctVal>0.0783028674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcs Co Ltd</name>
        <lei>N/A</lei>
        <title>Arcs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3968600001"/>
          <ticker value="9948"/>
          <other otherDesc="SEDOL" value="6721930"/>
        </identifiers>
        <balance>16100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>333723.9700000000</valUSD>
        <pctVal>0.0706485218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tosho Co Ltd</name>
        <lei>N/A</lei>
        <title>Tosho Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3594400008"/>
          <ticker value="8920"/>
          <other otherDesc="SEDOL" value="6727671"/>
        </identifiers>
        <balance>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>138627.8300000000</valUSD>
        <pctVal>0.0293471616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Laboratories International Holdings Ltd/The</name>
        <lei>2549007JL3XIH77JXN70</lei>
        <title>United Laboratories International Holdings Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8813K1085"/>
          <ticker value="3933"/>
          <other otherDesc="SEDOL" value="B1P70H9"/>
        </identifiers>
        <balance>56000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>40705.7300000000</valUSD>
        <pctVal>0.0086173003</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>Hengdeli Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Hengdeli Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG450481083"/>
          <ticker value="3389"/>
          <other otherDesc="SEDOL" value="B1QDWP8"/>
        </identifiers>
        <balance>12000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>464.2500000000</valUSD>
        <pctVal>0.0000982806</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>Hamakyorex Co Ltd</name>
        <lei>N/A</lei>
        <title>Hamakyorex Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3771150004"/>
          <ticker value="9037"/>
          <other otherDesc="SEDOL" value="6051444"/>
        </identifiers>
        <balance>5300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>158778.7900000000</valUSD>
        <pctVal>0.0336130689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADEKA Corp</name>
        <lei>N/A</lei>
        <title>ADEKA Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3114800000"/>
          <ticker value="4401"/>
          <other otherDesc="SEDOL" value="6054904"/>
        </identifiers>
        <balance>45600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>769821.6800000000</valUSD>
        <pctVal>0.1629693059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ricoh Leasing Co Ltd</name>
        <lei>N/A</lei>
        <title>Ricoh Leasing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3974100004"/>
          <ticker value="8566"/>
          <other otherDesc="SEDOL" value="6729116"/>
        </identifiers>
        <balance>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>227915.7800000000</valUSD>
        <pctVal>0.0482491951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinsei Bank Ltd</name>
        <lei>549300PZYOQ2NW83V760</lei>
        <title>Shinsei Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3729000004"/>
          <ticker value="8303"/>
          <other otherDesc="SEDOL" value="6730936"/>
        </identifiers>
        <balance>59700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>861817.2900000000</valUSD>
        <pctVal>0.1824445442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azorim-Investment Development &amp; Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Azorim-Investment Development &amp; Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007150118"/>
          <ticker value="AZRM"/>
          <other otherDesc="SEDOL" value="6068529"/>
        </identifiers>
        <balance>16771.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>49741.4800000000</valUSD>
        <pctVal>0.0105301457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</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 Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
          <ticker value="GVMXX"/>
          <other otherDesc="SEDOL" value="B284MN4"/>
        </identifiers>
        <balance>1963866.6000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1963866.6000000000</valUSD>
        <pctVal>0.4157456005</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>Frasers Group PLC</name>
        <lei>213800JEGHHEAXIJDX34</lei>
        <title>Frasers Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1QH8P22"/>
          <ticker value="FRAS"/>
          <other otherDesc="SEDOL" value="B1QH8P2"/>
        </identifiers>
        <balance>96360.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>629676.4900000000</valUSD>
        <pctVal>0.1333009230</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>Indofood Agri Resources Ltd</name>
        <lei>N/A</lei>
        <title>Indofood Agri Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U47933908"/>
          <ticker value="IFAR"/>
          <other otherDesc="SEDOL" value="B1QNF48"/>
        </identifiers>
        <balance>191900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>40997.8600000000</valUSD>
        <pctVal>0.0086791434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Holdings Inc</name>
        <lei>N/A</lei>
        <title>Digital Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197730009"/>
          <ticker value="2389"/>
          <other otherDesc="SEDOL" value="6731393"/>
        </identifiers>
        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>84822.5100000000</valUSD>
        <pctVal>0.0179567112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rengo Co Ltd</name>
        <lei>N/A</lei>
        <title>Rengo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3981400009"/>
          <ticker value="3941"/>
          <other otherDesc="SEDOL" value="6732200"/>
        </identifiers>
        <balance>97700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>794684.1500000000</valUSD>
        <pctVal>0.1682326280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freebit Co Ltd</name>
        <lei>N/A</lei>
        <title>Freebit Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826720009"/>
          <ticker value="3843"/>
          <other otherDesc="SEDOL" value="B1RMMJ8"/>
        </identifiers>
        <balance>3900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>35228.0400000000</valUSD>
        <pctVal>0.0074576871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oil Refineries Ltd</name>
        <lei>213800CWUC7NV7VR3D03</lei>
        <title>Oil Refineries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0025902482"/>
          <ticker value="ORL"/>
          <other otherDesc="SEDOL" value="B1S0581"/>
        </identifiers>
        <balance>2199580.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>475730.7400000000</valUSD>
        <pctVal>0.1007109964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fudo Tetra Corp</name>
        <lei>N/A</lei>
        <title>Fudo Tetra Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3825600004"/>
          <ticker value="1813"/>
          <other otherDesc="SEDOL" value="6355005"/>
        </identifiers>
        <balance>3500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>59983.4000000000</valUSD>
        <pctVal>0.0126983343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujimori Kogyo Co Ltd</name>
        <lei>353800YWT7BBFCB5RN10</lei>
        <title>Fujimori Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3821000001"/>
          <ticker value="7917"/>
          <other otherDesc="SEDOL" value="6355180"/>
        </identifiers>
        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>204115.9900000000</valUSD>
        <pctVal>0.0432108397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujibo Holdings Inc</name>
        <lei>N/A</lei>
        <title>Fujibo Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3820800005"/>
          <ticker value="3104"/>
          <other otherDesc="SEDOL" value="6356600"/>
        </identifiers>
        <balance>2900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>110239.8700000000</valUSD>
        <pctVal>0.0233375021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H.U. Group Holdings Inc</name>
        <lei>N/A</lei>
        <title>H.U. Group Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3822000000"/>
          <ticker value="4544"/>
          <other otherDesc="SEDOL" value="6356611"/>
        </identifiers>
        <balance>24900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>769632.1200000000</valUSD>
        <pctVal>0.1629291765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SKY Perfect JSAT Holdings Inc</name>
        <lei>N/A</lei>
        <title>SKY Perfect JSAT Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3396350005"/>
          <ticker value="9412"/>
          <other otherDesc="SEDOL" value="B1TK234"/>
        </identifiers>
        <balance>83300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>351628.2500000000</valUSD>
        <pctVal>0.0744388127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Drax Group PLC</name>
        <lei>549300YPSNTXR4ZHSR98</lei>
        <title>Drax Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1VNSX38"/>
          <ticker value="DRX"/>
          <other otherDesc="SEDOL" value="B1VNSX3"/>
        </identifiers>
        <balance>218424.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1162864.9900000000</valUSD>
        <pctVal>0.2461755822</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>Fujikura Ltd</name>
        <lei>353800PSDZ8VRCKVPL51</lei>
        <title>Fujikura Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3811000003"/>
          <ticker value="5803"/>
          <other otherDesc="SEDOL" value="6356707"/>
        </identifiers>
        <balance>178800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>877681.9100000000</valUSD>
        <pctVal>0.1858030442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fukuda Corp</name>
        <lei>N/A</lei>
        <title>Fukuda Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3805600008"/>
          <ticker value="1899"/>
          <other otherDesc="SEDOL" value="6356990"/>
        </identifiers>
        <balance>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>37418.8900000000</valUSD>
        <pctVal>0.0079214845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sirius Real Estate Ltd</name>
        <lei>213800NURUF5W8QSK566</lei>
        <title>Sirius Real Estate Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00B1W3VF54"/>
          <ticker value="SRE"/>
          <other otherDesc="SEDOL" value="B1W3VF5"/>
        </identifiers>
        <balance>469932.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>602982.6700000000</valUSD>
        <pctVal>0.1276499087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takeei Corp</name>
        <lei>N/A</lei>
        <title>Takeei Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3462680004"/>
          <ticker value="2151"/>
          <other otherDesc="SEDOL" value="B1W5B84"/>
        </identifiers>
        <balance>18900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>222627.7300000000</valUSD>
        <pctVal>0.0471297283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nobia AB</name>
        <lei>529900MZ8Y3QGPDF6815</lei>
        <title>Nobia AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000949331"/>
          <ticker value="NOBI"/>
          <other otherDesc="SEDOL" value="B1W6PY1"/>
        </identifiers>
        <balance>115419.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>842005.5200000000</valUSD>
        <pctVal>0.1782504425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ence Energia y Celulosa SA</name>
        <lei>95980020140005309084</lei>
        <title>Ence Energia y Celulosa SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0130625512"/>
          <ticker value="ENC"/>
          <other otherDesc="SEDOL" value="B1W7BK2"/>
        </identifiers>
        <balance>125995.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>646027.9400000000</valUSD>
        <pctVal>0.1367624837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fumakilla Ltd</name>
        <lei>N/A</lei>
        <title>Fumakilla Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826000006"/>
          <ticker value="4998"/>
          <other otherDesc="SEDOL" value="6357205"/>
        </identifiers>
        <balance>1400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>20873.9000000000</valUSD>
        <pctVal>0.0044189519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Furukawa Co Ltd</name>
        <lei>353800PX0BWY7U1VKE72</lei>
        <title>Furukawa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826800009"/>
          <ticker value="5715"/>
          <other otherDesc="SEDOL" value="6357603"/>
        </identifiers>
        <balance>8900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>109113.6900000000</valUSD>
        <pctVal>0.0230990927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tosei Corp</name>
        <lei>N/A</lei>
        <title>Tosei Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595070008"/>
          <ticker value="8923"/>
          <other otherDesc="SEDOL" value="6735823"/>
        </identifiers>
        <balance>16400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>154568.1700000000</valUSD>
        <pctVal>0.0327216913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sandfire Resources Ltd</name>
        <lei>N/A</lei>
        <title>Sandfire Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SFR8"/>
          <ticker value="SFR"/>
          <other otherDesc="SEDOL" value="6739739"/>
        </identifiers>
        <balance>94664.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>445070.4100000000</valUSD>
        <pctVal>0.0942202820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TKH Group NV</name>
        <lei>7245008G22FOV7TYYJ34</lei>
        <title>TKH Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000852523"/>
          <ticker value="TWEKA"/>
          <other otherDesc="SEDOL" value="B1WFDQ6"/>
        </identifiers>
        <balance>10296.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>513207.1800000000</valUSD>
        <pctVal>0.1086446642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pacific Textiles Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Pacific Textiles Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG686121032"/>
          <ticker value="1382"/>
          <other otherDesc="SEDOL" value="B1WMLF2"/>
        </identifiers>
        <balance>426000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>272944.4300000000</valUSD>
        <pctVal>0.0577816466</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>Riken Technos Corp</name>
        <lei>353800S7OXXKLNDX3U70</lei>
        <title>Riken Technos Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3973000007"/>
          <ticker value="4220"/>
          <other otherDesc="SEDOL" value="6739900"/>
        </identifiers>
        <balance>11300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>50479.0200000000</valUSD>
        <pctVal>0.0106862811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riken Vitamin Co Ltd</name>
        <lei>N/A</lei>
        <title>Riken Vitamin Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3972600005"/>
          <ticker value="4526"/>
          <other otherDesc="SEDOL" value="6739944"/>
        </identifiers>
        <balance>4000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>49388.4000000000</valUSD>
        <pctVal>0.0104553996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Coke &amp; Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Coke &amp; Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3889610006"/>
          <ticker value="3315"/>
          <other otherDesc="SEDOL" value="6740344"/>
        </identifiers>
        <balance>46100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>45134.7800000000</valUSD>
        <pctVal>0.0095549190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS Yuasa Corp</name>
        <lei>353800MW7O6PQQHLDR79</lei>
        <title>GS Yuasa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3385820000"/>
          <ticker value="6674"/>
          <other otherDesc="SEDOL" value="6744250"/>
        </identifiers>
        <balance>36500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1087279.7000000000</valUSD>
        <pctVal>0.2301743671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Furuno Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Furuno Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3828400006"/>
          <ticker value="6814"/>
          <other otherDesc="SEDOL" value="6357614"/>
        </identifiers>
        <balance>18200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>179763.5700000000</valUSD>
        <pctVal>0.0380554939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Futaba Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Futaba Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3824000008"/>
          <ticker value="7241"/>
          <other otherDesc="SEDOL" value="6357744"/>
        </identifiers>
        <balance>32800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>162928.2700000000</valUSD>
        <pctVal>0.0344915034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T-Gaia Corp</name>
        <lei>N/A</lei>
        <title>T-Gaia Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3893700009"/>
          <ticker value="3738"/>
          <other otherDesc="SEDOL" value="6744670"/>
        </identifiers>
        <balance>8100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>139081.1500000000</valUSD>
        <pctVal>0.0294431283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rokko Butter Co Ltd</name>
        <lei>N/A</lei>
        <title>Rokko Butter Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3984800007"/>
          <ticker value="2266"/>
          <other otherDesc="SEDOL" value="6747497"/>
        </identifiers>
        <balance>1900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>29534.4400000000</valUSD>
        <pctVal>0.0062523664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>D/S Norden A/S</name>
        <lei>529900RGXD3CBR3BRU63</lei>
        <title>D/S Norden A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060083210"/>
          <ticker value="DNORD"/>
          <other otherDesc="SEDOL" value="B1WP656"/>
        </identifiers>
        <balance>40474.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>845724.3400000000</valUSD>
        <pctVal>0.1790377073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSI Properties Ltd</name>
        <lei>N/A</lei>
        <title>CSI Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2581C1091"/>
          <ticker value="497"/>
          <other otherDesc="SEDOL" value="B1WSH52"/>
        </identifiers>
        <balance>90000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>2843.4500000000</valUSD>
        <pctVal>0.0006019512</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>Red 5 Ltd</name>
        <lei>5299008TF8KHQ8CIQG34</lei>
        <title>Red 5 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RED3"/>
          <ticker value="RED"/>
          <other otherDesc="SEDOL" value="6367550"/>
        </identifiers>
        <balance>985669.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>135635.5700000000</valUSD>
        <pctVal>0.0287137077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Godo Steel Ltd</name>
        <lei>N/A</lei>
        <title>Godo Steel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3307800007"/>
          <ticker value="5410"/>
          <other otherDesc="SEDOL" value="6374345"/>
        </identifiers>
        <balance>4600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>86802.0200000000</valUSD>
        <pctVal>0.0183757685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ryoden Corp</name>
        <lei>N/A</lei>
        <title>Ryoden Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3976200000"/>
          <ticker value="8084"/>
          <other otherDesc="SEDOL" value="6763006"/>
        </identifiers>
        <balance>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>24813.6900000000</valUSD>
        <pctVal>0.0052529955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>San-Ai Oil Co Ltd</name>
        <lei>N/A</lei>
        <title>San-Ai Oil Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3323600001"/>
          <ticker value="8097"/>
          <other otherDesc="SEDOL" value="6772808"/>
        </identifiers>
        <balance>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>148436.8800000000</valUSD>
        <pctVal>0.0314237127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EJ Holdings Inc</name>
        <lei>N/A</lei>
        <title>EJ Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3130480001"/>
          <ticker value="2153"/>
          <other otherDesc="SEDOL" value="B1WT1F3"/>
        </identifiers>
        <balance>2900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>26884.1000000000</valUSD>
        <pctVal>0.0056912961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco de Sabadell SA</name>
        <lei>SI5RG2M0WQQLZCXKRM20</lei>
        <title>Banco de Sabadell SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0113860A34"/>
          <ticker value="SAB"/>
          <other otherDesc="SEDOL" value="B1X8QN2"/>
        </identifiers>
        <balance>500264.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>250414.7900000000</valUSD>
        <pctVal>0.0530121787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Veidekke ASA</name>
        <lei>5967007LIEEXZXHF4O96</lei>
        <title>Veidekke ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0005806802"/>
          <ticker value="VEI"/>
          <other otherDesc="SEDOL" value="B1XCHJ7"/>
        </identifiers>
        <balance>70960.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>926957.2300000000</valUSD>
        <pctVal>0.1962345050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hunter Group ASA</name>
        <lei>5967007LIEEXZXHLAW34</lei>
        <title>Hunter Group ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010283211"/>
          <ticker value="HUNT"/>
          <other otherDesc="SEDOL" value="B1XF0T7"/>
        </identifiers>
        <balance>85606.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>28853.6300000000</valUSD>
        <pctVal>0.0061082406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boskalis Westminster</name>
        <lei>724500W1FESNTNY5DL70</lei>
        <title>Boskalis Westminster</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000852580"/>
          <ticker value="BOKA"/>
          <other otherDesc="SEDOL" value="B1XF882"/>
        </identifiers>
        <balance>43886.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1348836.5500000000</valUSD>
        <pctVal>0.2855452918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferrexpo PLC</name>
        <lei>213800CEDKSNUTPAQZ41</lei>
        <title>Ferrexpo PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1XH2C03"/>
          <ticker value="FXPO"/>
          <other otherDesc="SEDOL" value="B1XH2C0"/>
        </identifiers>
        <balance>130447.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>609093.3100000000</valUSD>
        <pctVal>0.1289435158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Partner Communications Co Ltd</name>
        <lei>N/A</lei>
        <title>Partner Communications Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010834849"/>
          <ticker value="PTNR"/>
          <other otherDesc="SEDOL" value="6374420"/>
        </identifiers>
        <balance>54271.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>271458.4900000000</valUSD>
        <pctVal>0.0574670769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ES-Con Japan Ltd</name>
        <lei>N/A</lei>
        <title>ES-Con Japan Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3688330004"/>
          <ticker value="8892"/>
          <other otherDesc="SEDOL" value="6380643"/>
        </identifiers>
        <balance>15600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>111374.6100000000</valUSD>
        <pctVal>0.0235777237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Platinum Asset Management Ltd</name>
        <lei>N/A</lei>
        <title>Platinum Asset Management Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PTM6"/>
          <ticker value="PTM"/>
          <other otherDesc="SEDOL" value="B1XK7G8"/>
        </identifiers>
        <balance>192498.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>685743.6300000000</valUSD>
        <pctVal>0.1451701950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Whitehaven Coal Ltd</name>
        <lei>N/A</lei>
        <title>Whitehaven Coal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WHC8"/>
          <ticker value="WHC"/>
          <other otherDesc="SEDOL" value="B1XQXC4"/>
        </identifiers>
        <balance>494364.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>580671.4400000000</valUSD>
        <pctVal>0.1229266777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>San-In Godo Bank Ltd/The</name>
        <lei>353800I3C5900CEME762</lei>
        <title>San-In Godo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3324000003"/>
          <ticker value="8381"/>
          <other otherDesc="SEDOL" value="6772853"/>
        </identifiers>
        <balance>55700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>254798.7300000000</valUSD>
        <pctVal>0.0539402478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sankyu Inc</name>
        <lei>N/A</lei>
        <title>Sankyu Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3326000001"/>
          <ticker value="9065"/>
          <other otherDesc="SEDOL" value="6775380"/>
        </identifiers>
        <balance>28700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1207770.4600000000</valUSD>
        <pctVal>0.2556819568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Almirall SA</name>
        <lei>95980020140005007996</lei>
        <title>Almirall SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0157097017"/>
          <ticker value="ALM"/>
          <other otherDesc="SEDOL" value="B1YY662"/>
        </identifiers>
        <balance>52605.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>701160.6800000000</valUSD>
        <pctVal>0.1484339455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Provident Financial PLC</name>
        <lei>213800U93SZC44VXN635</lei>
        <title>Provident Financial PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1Z4ST84"/>
          <ticker value="PFG"/>
          <other otherDesc="SEDOL" value="B1Z4ST8"/>
        </identifiers>
        <balance>156530.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>610616.6400000000</valUSD>
        <pctVal>0.1292660009</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>Sanwa Holdings Corp</name>
        <lei>N/A</lei>
        <title>Sanwa Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3344400001"/>
          <ticker value="5929"/>
          <other otherDesc="SEDOL" value="6776781"/>
        </identifiers>
        <balance>102900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1276276.8800000000</valUSD>
        <pctVal>0.2701845929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seikitokyu Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Seikitokyu Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3414600001"/>
          <ticker value="1898"/>
          <other otherDesc="SEDOL" value="6793359"/>
        </identifiers>
        <balance>6400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>52914.7500000000</valUSD>
        <pctVal>0.0112019190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kito Corp</name>
        <lei>N/A</lei>
        <title>Kito Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240800007"/>
          <ticker value="6409"/>
          <other otherDesc="SEDOL" value="B2354J2"/>
        </identifiers>
        <balance>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>23116.9800000000</valUSD>
        <pctVal>0.0048938063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aeffe SpA</name>
        <lei>81560096E0DA76818C96</lei>
        <title>Aeffe SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001384590"/>
          <ticker value="AEF"/>
          <other otherDesc="SEDOL" value="B23FFF5"/>
        </identifiers>
        <balance>11876.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>15973.0400000000</valUSD>
        <pctVal>0.0033814522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GWA Group Ltd</name>
        <lei>N/A</lei>
        <title>GWA Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GWA4"/>
          <ticker value="GWA"/>
          <other otherDesc="SEDOL" value="6392949"/>
        </identifiers>
        <balance>104159.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>244754.4500000000</valUSD>
        <pctVal>0.0518138991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OZ Minerals Ltd</name>
        <lei>N/A</lei>
        <title>OZ Minerals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000OZL8"/>
          <ticker value="OZL"/>
          <other otherDesc="SEDOL" value="6397825"/>
        </identifiers>
        <balance>141628.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>2445542.0900000000</valUSD>
        <pctVal>0.5177150855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seino Holdings Co Ltd</name>
        <lei>3538001D12EPCPYTTF24</lei>
        <title>Seino Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3415400005"/>
          <ticker value="9076"/>
          <other otherDesc="SEDOL" value="6793423"/>
        </identifiers>
        <balance>3100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>43838.4000000000</valUSD>
        <pctVal>0.0092804786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Seika Chemicals Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Seika Chemicals Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3405600002"/>
          <ticker value="4008"/>
          <other otherDesc="SEDOL" value="6793605"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>32996.1700000000</valUSD>
        <pctVal>0.0069852059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gunma Bank Ltd/The</name>
        <lei>54930054A69VC4I5BP89</lei>
        <title>Gunma Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3276400003"/>
          <ticker value="8334"/>
          <other otherDesc="SEDOL" value="6398088"/>
        </identifiers>
        <balance>154900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>503705.2100000000</valUSD>
        <pctVal>0.1066331211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hachijuni Bank Ltd/The</name>
        <lei>FE70I3MHDCWOZWK19W48</lei>
        <title>Hachijuni Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3769000005"/>
          <ticker value="8359"/>
          <other otherDesc="SEDOL" value="6400626"/>
        </identifiers>
        <balance>40400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>134094.8700000000</valUSD>
        <pctVal>0.0283875454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kawamoto Corp</name>
        <lei>N/A</lei>
        <title>Kawamoto Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3227100009"/>
          <ticker value="3604"/>
          <other otherDesc="SEDOL" value="6404071"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>12319.9100000000</valUSD>
        <pctVal>0.0026080938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hang Lung Group Ltd</name>
        <lei>N/A</lei>
        <title>Hang Lung Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0010000088"/>
          <ticker value="10"/>
          <other otherDesc="SEDOL" value="6408352"/>
        </identifiers>
        <balance>66000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>164992.3200000000</valUSD>
        <pctVal>0.0349284575</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>Senko Group Holdings Co Ltd</name>
        <lei>35380077MB9W0NB6BA14</lei>
        <title>Senko Group Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3423800006"/>
          <ticker value="9069"/>
          <other otherDesc="SEDOL" value="6795203"/>
        </identifiers>
        <balance>74300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>698855.5400000000</valUSD>
        <pctVal>0.1479459532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinnihon Corp</name>
        <lei>N/A</lei>
        <title>Shinnihon Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3380300008"/>
          <ticker value="1879"/>
          <other otherDesc="SEDOL" value="6804013"/>
        </identifiers>
        <balance>5300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>41083.2500000000</valUSD>
        <pctVal>0.0086972203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>77 Bank Ltd/The</name>
        <lei>549300U6CT3EHB9XS980</lei>
        <title>77 Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3352000008"/>
          <ticker value="8341"/>
          <other otherDesc="SEDOL" value="6804165"/>
        </identifiers>
        <balance>28700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>381395.5900000000</valUSD>
        <pctVal>0.0807404834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shibaura Mechatronics Corp</name>
        <lei>N/A</lei>
        <title>Shibaura Mechatronics Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3355000005"/>
          <ticker value="6590"/>
          <other otherDesc="SEDOL" value="6804187"/>
        </identifiers>
        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>95855.1600000000</valUSD>
        <pctVal>0.0202922953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mekonomen AB</name>
        <lei>529900R809HC1RFRQA91</lei>
        <title>Mekonomen AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002110064"/>
          <ticker value="MEKO"/>
          <other otherDesc="SEDOL" value="B23PWD2"/>
        </identifiers>
        <balance>38609.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>509788.3900000000</valUSD>
        <pctVal>0.1079209149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cellcom Israel Ltd</name>
        <lei>N/A</lei>
        <title>Cellcom Israel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011015349"/>
          <ticker value="CEL"/>
          <other otherDesc="SEDOL" value="B23WQK8"/>
        </identifiers>
        <balance>85061.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>341230.2600000000</valUSD>
        <pctVal>0.0722375844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NRW Holdings Ltd</name>
        <lei>5493003S2MORCH0HEL95</lei>
        <title>NRW Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NWH5"/>
          <ticker value="NWH"/>
          <other otherDesc="SEDOL" value="B23XW70"/>
        </identifiers>
        <balance>330675.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>513069.7600000000</valUSD>
        <pctVal>0.1086155727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Commercial Development Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Commercial Development Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3714200007"/>
          <ticker value="3252"/>
          <other otherDesc="SEDOL" value="B28BWW4"/>
        </identifiers>
        <balance>3500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>54084.2700000000</valUSD>
        <pctVal>0.0114495034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shibuya Corp</name>
        <lei>N/A</lei>
        <title>Shibuya Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3356000004"/>
          <ticker value="6340"/>
          <other otherDesc="SEDOL" value="6804239"/>
        </identifiers>
        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>48647.5200000000</valUSD>
        <pctVal>0.0102985571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinagawa Refractories Co Ltd</name>
        <lei>N/A</lei>
        <title>Shinagawa Refractories Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3353200003"/>
          <ticker value="5351"/>
          <other otherDesc="SEDOL" value="6804466"/>
        </identifiers>
        <balance>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2485.5100000000</valUSD>
        <pctVal>0.0005261762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hanwa Co Ltd</name>
        <lei>8EUP1TJYZFX3T1E5AJ33</lei>
        <title>Hanwa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3777800008"/>
          <ticker value="8078"/>
          <other otherDesc="SEDOL" value="6408824"/>
        </identifiers>
        <balance>22300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>579820.4100000000</valUSD>
        <pctVal>0.1227465168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axial Retailing Inc</name>
        <lei>N/A</lei>
        <title>Axial Retailing Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3772400002"/>
          <ticker value="8255"/>
          <other otherDesc="SEDOL" value="6408976"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>163091.6000000000</valUSD>
        <pctVal>0.0345260799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinfonia Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Sinfonia Technology Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3375400003"/>
          <ticker value="6507"/>
          <other otherDesc="SEDOL" value="6804604"/>
        </identifiers>
        <balance>12200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>149652.2500000000</valUSD>
        <pctVal>0.0316810035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NS United Kaiun Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>NS United Kaiun Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3385000009"/>
          <ticker value="9110"/>
          <other otherDesc="SEDOL" value="6805005"/>
        </identifiers>
        <balance>1100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>16124.9200000000</valUSD>
        <pctVal>0.0034136048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinko Industries Ltd</name>
        <lei>N/A</lei>
        <title>Sinko Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3372800007"/>
          <ticker value="6458"/>
          <other otherDesc="SEDOL" value="6805179"/>
        </identifiers>
        <balance>3300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>58705.8600000000</valUSD>
        <pctVal>0.0124278823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWCC Showa Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>SWCC Showa Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3368400002"/>
          <ticker value="5805"/>
          <other otherDesc="SEDOL" value="6805481"/>
        </identifiers>
        <balance>13900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>215168.7300000000</valUSD>
        <pctVal>0.0455506768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Showa Sangyo Co Ltd</name>
        <lei>549300JPYQ7YV93EU469</lei>
        <title>Showa Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3366400004"/>
          <ticker value="2004"/>
          <other otherDesc="SEDOL" value="6805607"/>
        </identifiers>
        <balance>2000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>59033.9400000000</valUSD>
        <pctVal>0.0124973360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IDEA Consultants Inc</name>
        <lei>N/A</lei>
        <title>IDEA Consultants Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3380200000"/>
          <ticker value="9768"/>
          <other otherDesc="SEDOL" value="6805696"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>3120.1500000000</valUSD>
        <pctVal>0.0006605279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Harel Insurance Investments &amp; Financial Services Ltd</name>
        <lei>213800BDNN3W11SXXD60</lei>
        <title>Harel Insurance Investments &amp; Financial Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005850180"/>
          <ticker value="HARL"/>
          <other otherDesc="SEDOL" value="6410700"/>
        </identifiers>
        <balance>74439.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>667076.8700000000</valUSD>
        <pctVal>0.1412184890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takara Leben Co Ltd</name>
        <lei>N/A</lei>
        <title>Takara Leben Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3460800000"/>
          <ticker value="8897"/>
          <other otherDesc="SEDOL" value="6416355"/>
        </identifiers>
        <balance>22900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>74270.8500000000</valUSD>
        <pctVal>0.0157229514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tourism Holdings Ltd</name>
        <lei>549300V6QK7IM7HZ2F86</lei>
        <title>Tourism Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZHELE0001S9"/>
          <ticker value="THL"/>
          <other otherDesc="SEDOL" value="6419644"/>
        </identifiers>
        <balance>2943.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.3839870000"/>
        <valUSD>4784.9400000000</valUSD>
        <pctVal>0.0010129597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Capital Corp</name>
        <lei>353800YUHF3P4VZ74A67</lei>
        <title>Hitachi Capital Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3786600001"/>
          <ticker value="8586"/>
          <other otherDesc="SEDOL" value="6429159"/>
        </identifiers>
        <balance>32600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>888299.0900000000</valUSD>
        <pctVal>0.1880506744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hamburger Hafen und Logistik AG</name>
        <lei>52990003RXKZ9J9ERW70</lei>
        <title>Hamburger Hafen und Logistik AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0S8488"/>
          <ticker value="HHFA"/>
          <other otherDesc="SEDOL" value="B28SK09"/>
        </identifiers>
        <balance>18746.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>475866.9700000000</valUSD>
        <pctVal>0.1007398360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pasona Group Inc</name>
        <lei>N/A</lei>
        <title>Pasona Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3781490002"/>
          <ticker value="2168"/>
          <other otherDesc="SEDOL" value="B291KH4"/>
        </identifiers>
        <balance>13000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>218393.2100000000</valUSD>
        <pctVal>0.0462332911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shun Tak Holdings Ltd</name>
        <lei>2549009R5NCY1DI0ZG82</lei>
        <title>Shun Tak Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0242001243"/>
          <ticker value="242"/>
          <other otherDesc="SEDOL" value="6806633"/>
        </identifiers>
        <balance>1756000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>597881.7300000000</valUSD>
        <pctVal>0.1265700526</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>Sumida Corp</name>
        <lei>N/A</lei>
        <title>Sumida Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3400800003"/>
          <ticker value="6817"/>
          <other otherDesc="SEDOL" value="6808952"/>
        </identifiers>
        <balance>12500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>112434.4500000000</valUSD>
        <pctVal>0.0238020892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Transport System Ltd</name>
        <lei>N/A</lei>
        <title>Hitachi Transport System Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3791200003"/>
          <ticker value="9086"/>
          <other otherDesc="SEDOL" value="6429234"/>
        </identifiers>
        <balance>12800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>401050.6200000000</valUSD>
        <pctVal>0.0849014036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Zosen Corp</name>
        <lei>5493006MPD0OCAMCE046</lei>
        <title>Hitachi Zosen Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3789000001"/>
          <ticker value="7004"/>
          <other otherDesc="SEDOL" value="6429308"/>
        </identifiers>
        <balance>110200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>708471.6900000000</valUSD>
        <pctVal>0.1499816679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perion Network Ltd</name>
        <lei>529900SL7HYNVD6HG708</lei>
        <title>Perion Network Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010958192"/>
          <ticker value="PERI"/>
          <other otherDesc="SEDOL" value="B29NPD1"/>
        </identifiers>
        <balance>3865.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>81108.4900000000</valUSD>
        <pctVal>0.0171704625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paragon Banking Group PLC</name>
        <lei>213800S1TDKIB1IUTS72</lei>
        <title>Paragon Banking Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B2NGPM57"/>
          <ticker value="PAG"/>
          <other otherDesc="SEDOL" value="B2NGPM5"/>
        </identifiers>
        <balance>78857.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>493646.0600000000</valUSD>
        <pctVal>0.1045036244</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>Miyazaki Bank Ltd/The</name>
        <lei>353800S4OVI1UXARXE24</lei>
        <title>Miyazaki Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3908000007"/>
          <ticker value="8393"/>
          <other otherDesc="SEDOL" value="6429687"/>
        </identifiers>
        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>31869.4800000000</valUSD>
        <pctVal>0.0067466884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hokkoku Bank Ltd/The</name>
        <lei>549300KZ8RU11X0L9455</lei>
        <title>Hokkoku Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3851400006"/>
          <ticker value="8363"/>
          <other otherDesc="SEDOL" value="6432362"/>
        </identifiers>
        <balance>7200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>178890.2100000000</valUSD>
        <pctVal>0.0378706058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SKYCITY Entertainment Group Ltd</name>
        <lei>N/A</lei>
        <title>SKYCITY Entertainment Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZSKCE0001S2"/>
          <ticker value="SKC"/>
          <other otherDesc="SEDOL" value="6823193"/>
        </identifiers>
        <balance>833329.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.3839870000"/>
        <valUSD>1828177.2200000000</valUSD>
        <pctVal>0.3870205013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starts Corp Inc</name>
        <lei>N/A</lei>
        <title>Starts Corp Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399200009"/>
          <ticker value="8850"/>
          <other otherDesc="SEDOL" value="6841913"/>
        </identifiers>
        <balance>17800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>467580.1700000000</valUSD>
        <pctVal>0.0989855414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hokuto Corp</name>
        <lei>N/A</lei>
        <title>Hokuto Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3843250006"/>
          <ticker value="1379"/>
          <other otherDesc="SEDOL" value="6432715"/>
        </identifiers>
        <balance>11600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>230982.8600000000</valUSD>
        <pctVal>0.0488984882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hokuetsu Corp</name>
        <lei>549300CBTMD053ZJ7C79</lei>
        <title>Hokuetsu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3841800000"/>
          <ticker value="3865"/>
          <other otherDesc="SEDOL" value="6433105"/>
        </identifiers>
        <balance>29100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>140095.1900000000</valUSD>
        <pctVal>0.0296577980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Bakelite Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Bakelite Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3409400003"/>
          <ticker value="4203"/>
          <other otherDesc="SEDOL" value="6858504"/>
        </identifiers>
        <balance>8000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>329521.3400000000</valUSD>
        <pctVal>0.0697588356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Osaka Cement Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Osaka Cement Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3400900001"/>
          <ticker value="5232"/>
          <other otherDesc="SEDOL" value="6858548"/>
        </identifiers>
        <balance>21500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>715062.5800000000</valUSD>
        <pctVal>0.1513769427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IGO Ltd</name>
        <lei>2549005DZO8VGXM5QN07</lei>
        <title>IGO Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000IGO4"/>
          <ticker value="IGO"/>
          <other otherDesc="SEDOL" value="6439567"/>
        </identifiers>
        <balance>448440.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>2431083.9100000000</valUSD>
        <pctVal>0.5146543253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hosiden Corp</name>
        <lei>353800IQGIGW1XT2JX97</lei>
        <title>Hosiden Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3845800006"/>
          <ticker value="6804"/>
          <other otherDesc="SEDOL" value="6439813"/>
        </identifiers>
        <balance>7200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>69045.1000000000</valUSD>
        <pctVal>0.0146166733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Gold Inc</name>
        <lei>5493005G0GNCHP0H6L96</lei>
        <title>New Gold Inc</title>
        <cusip>644535106</cusip>
        <identifiers>
          <isin value="CA6445351068"/>
          <ticker value="NGD"/>
          <other otherDesc="SEDOL" value="2826947"/>
        </identifiers>
        <balance>236159.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>380422.7200000000</valUSD>
        <pctVal>0.0805345293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichinen Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Ichinen Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3142100001"/>
          <ticker value="9619"/>
          <other otherDesc="SEDOL" value="6455529"/>
        </identifiers>
        <balance>4300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>52906.5200000000</valUSD>
        <pctVal>0.0112001767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Solargiga Energy Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Solargiga Energy Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8268W1024"/>
          <ticker value="757"/>
          <other otherDesc="SEDOL" value="B2NPL91"/>
        </identifiers>
        <balance>1818000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>121451.8100000000</valUSD>
        <pctVal>0.0257110415</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>Atari SA</name>
        <lei>969500EY082T9MF5R336</lei>
        <title>Atari SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010478248"/>
          <ticker value="ATA"/>
          <other otherDesc="SEDOL" value="B2PW3T4"/>
        </identifiers>
        <balance>128229.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>53263.9600000000</valUSD>
        <pctVal>0.0112758458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iino Kaiun Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Iino Kaiun Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131200002"/>
          <ticker value="9119"/>
          <other otherDesc="SEDOL" value="6457008"/>
        </identifiers>
        <balance>38100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>163424.2800000000</valUSD>
        <pctVal>0.0345965074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nawi Brothers Ltd</name>
        <lei>N/A</lei>
        <title>Nawi Brothers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002080179"/>
          <ticker value="NAWI"/>
          <other otherDesc="SEDOL" value="6460415"/>
        </identifiers>
        <balance>9923.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>55438.5100000000</valUSD>
        <pctVal>0.0117361926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hexatronic Group AB</name>
        <lei>2138001VSY1B4U9JLM82</lei>
        <title>Hexatronic Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002367797"/>
          <ticker value="HTRO"/>
          <other otherDesc="SEDOL" value="B2QT1H8"/>
        </identifiers>
        <balance>34989.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>430875.9900000000</valUSD>
        <pctVal>0.0912153591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Bros SpA</name>
        <lei>815600D581F8552C4F54</lei>
        <title>Digital Bros SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001469995"/>
          <ticker value="DIB"/>
          <other otherDesc="SEDOL" value="B39KMF0"/>
        </identifiers>
        <balance>11307.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>266629.9800000000</valUSD>
        <pctVal>0.0564448935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phoenix Holdings Ltd/The</name>
        <lei>N/A</lei>
        <title>Phoenix Holdings Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007670123"/>
          <ticker value="PHOE1"/>
          <other otherDesc="SEDOL" value="6460590"/>
        </identifiers>
        <balance>91937.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>707792.2400000000</valUSD>
        <pctVal>0.1498378300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>I-Net Corp/Kanagawa</name>
        <lei>N/A</lei>
        <title>I-Net Corp/Kanagawa</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105010007"/>
          <ticker value="9600"/>
          <other otherDesc="SEDOL" value="6461399"/>
        </identifiers>
        <balance>1400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>19278.4700000000</valUSD>
        <pctVal>0.0040812034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rami Levy Chain Stores Hashikma Marketing 2006 Ltd</name>
        <lei>N/A</lei>
        <title>Rami Levy Chain Stores Hashikma Marketing 2006 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011042491"/>
          <ticker value="RMLI"/>
          <other otherDesc="SEDOL" value="B3CR162"/>
        </identifiers>
        <balance>2826.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>180860.3900000000</valUSD>
        <pctVal>0.0382876879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JVCKenwood Corp</name>
        <lei>N/A</lei>
        <title>JVCKenwood Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386410009"/>
          <ticker value="6632"/>
          <other otherDesc="SEDOL" value="B3CY5L6"/>
        </identifiers>
        <balance>62500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>110493.1100000000</valUSD>
        <pctVal>0.0233911124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Densetsu Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Densetsu Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3407800006"/>
          <ticker value="1949"/>
          <other otherDesc="SEDOL" value="6858689"/>
        </identifiers>
        <balance>700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>15895.4900000000</valUSD>
        <pctVal>0.0033650351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Forestry Co Ltd</name>
        <lei>549300FIIRGO6D5FWR19</lei>
        <title>Sumitomo Forestry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3409800004"/>
          <ticker value="1911"/>
          <other otherDesc="SEDOL" value="6858861"/>
        </identifiers>
        <balance>66200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1197523.5900000000</valUSD>
        <pctVal>0.2535127203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ines Corp</name>
        <lei>N/A</lei>
        <title>Ines Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105000008"/>
          <ticker value="9742"/>
          <other otherDesc="SEDOL" value="6463016"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2487.3800000000</valUSD>
        <pctVal>0.0005265721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itochu Enex Co Ltd</name>
        <lei>549300WO21DGCU3JY132</lei>
        <title>Itochu Enex Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3144000001"/>
          <ticker value="8133"/>
          <other otherDesc="SEDOL" value="6467825"/>
        </identifiers>
        <balance>36800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>355522.6700000000</valUSD>
        <pctVal>0.0752632515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Rubber Industries Ltd</name>
        <lei>353800JD4V72SJ3EOX37</lei>
        <title>Sumitomo Rubber Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3404200002"/>
          <ticker value="5110"/>
          <other otherDesc="SEDOL" value="6858991"/>
        </identifiers>
        <balance>107100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1204671.5900000000</valUSD>
        <pctVal>0.2550259338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Warehouse Co Ltd/The</name>
        <lei>N/A</lei>
        <title>Sumitomo Warehouse Co Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3407000003"/>
          <ticker value="9303"/>
          <other otherDesc="SEDOL" value="6859080"/>
        </identifiers>
        <balance>29600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>409479.2900000000</valUSD>
        <pctVal>0.0866857318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sun Hung Kai &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Sun Hung Kai &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0086000525"/>
          <ticker value="86"/>
          <other otherDesc="SEDOL" value="6859789"/>
        </identifiers>
        <balance>334000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>143070.2600000000</valUSD>
        <pctVal>0.0302876128</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>Taihei Dengyo Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Taihei Dengyo Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3447200001"/>
          <ticker value="1968"/>
          <other otherDesc="SEDOL" value="6869948"/>
        </identifiers>
        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>126968.7700000000</valUSD>
        <pctVal>0.0268789680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiyo Yuden Co Ltd</name>
        <lei>353800V9G3X5PLB9AD43</lei>
        <title>Taiyo Yuden Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3452000007"/>
          <ticker value="6976"/>
          <other otherDesc="SEDOL" value="6870564"/>
        </identifiers>
        <balance>24600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1227504.8800000000</valUSD>
        <pctVal>0.2598596837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takuma Co Ltd</name>
        <lei>N/A</lei>
        <title>Takuma Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3462600002"/>
          <ticker value="6013"/>
          <other otherDesc="SEDOL" value="6870768"/>
        </identifiers>
        <balance>35900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>709950.4400000000</valUSD>
        <pctVal>0.1502947155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iyo Bank Ltd/The</name>
        <lei>549300WDPFPR0TE6OX32</lei>
        <title>Iyo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3149600003"/>
          <ticker value="8385"/>
          <other otherDesc="SEDOL" value="6468282"/>
        </identifiers>
        <balance>88300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>514769.8500000000</valUSD>
        <pctVal>0.1089754775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSP Corp</name>
        <lei>N/A</lei>
        <title>JSP Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386000008"/>
          <ticker value="7942"/>
          <other otherDesc="SEDOL" value="6468356"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>20169.6900000000</valUSD>
        <pctVal>0.0042698724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daio Paper Corp</name>
        <lei>353800VL9DQ781ZR1G70</lei>
        <title>Daio Paper Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3440400004"/>
          <ticker value="3880"/>
          <other otherDesc="SEDOL" value="6870898"/>
        </identifiers>
        <balance>40100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>749455.6800000000</valUSD>
        <pctVal>0.1586578751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tanseisha Co Ltd</name>
        <lei>N/A</lei>
        <title>Tanseisha Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3472200009"/>
          <ticker value="9743"/>
          <other otherDesc="SEDOL" value="6871932"/>
        </identifiers>
        <balance>17200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>134007.9500000000</valUSD>
        <pctVal>0.0283691446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>De La Rue PLC</name>
        <lei>213800DH741LZWIJXP78</lei>
        <title>De La Rue PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B3DGH821"/>
          <ticker value="DLAR"/>
          <other otherDesc="SEDOL" value="B3DGH82"/>
        </identifiers>
        <balance>33847.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>81775.0500000000</valUSD>
        <pctVal>0.0173115716</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>YAMABIKO Corp</name>
        <lei>N/A</lei>
        <title>YAMABIKO Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3943000004"/>
          <ticker value="6250"/>
          <other otherDesc="SEDOL" value="B3FD1T0"/>
        </identifiers>
        <balance>25100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>265103.5600000000</valUSD>
        <pctVal>0.0561217543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taoka Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Taoka Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3452400009"/>
          <ticker value="4113"/>
          <other otherDesc="SEDOL" value="6872236"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>71702.0900000000</valUSD>
        <pctVal>0.0151791514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towa Corp</name>
        <lei>N/A</lei>
        <title>Towa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3555700008"/>
          <ticker value="6315"/>
          <other otherDesc="SEDOL" value="6878665"/>
        </identifiers>
        <balance>15200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>284535.5600000000</valUSD>
        <pctVal>0.0602354596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jaccs Co Ltd</name>
        <lei>N/A</lei>
        <title>Jaccs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3388600003"/>
          <ticker value="8584"/>
          <other otherDesc="SEDOL" value="6468624"/>
        </identifiers>
        <balance>13500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>259869.3800000000</valUSD>
        <pctVal>0.0550136916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Janome Sewing Machine Co Ltd</name>
        <lei>N/A</lei>
        <title>Janome Sewing Machine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389400007"/>
          <ticker value="6445"/>
          <other otherDesc="SEDOL" value="6470102"/>
        </identifiers>
        <balance>10000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>71241.5800000000</valUSD>
        <pctVal>0.0150816626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teijin Ltd</name>
        <lei>3538000RF6UCIMPKCO54</lei>
        <title>Teijin Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3544000007"/>
          <ticker value="3401"/>
          <other otherDesc="SEDOL" value="6880507"/>
        </identifiers>
        <balance>102500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1777835.1300000000</valUSD>
        <pctVal>0.3763632080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASKA Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>ASKA Pharmaceutical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3541200006"/>
          <ticker value="4514"/>
          <other otherDesc="SEDOL" value="6880820"/>
        </identifiers>
        <balance>9100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>114544.8000000000</valUSD>
        <pctVal>0.0242488449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Aviation Electronics Industry Ltd</name>
        <lei>N/A</lei>
        <title>Japan Aviation Electronics Industry Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3705600009"/>
          <ticker value="6807"/>
          <other otherDesc="SEDOL" value="6470351"/>
        </identifiers>
        <balance>17300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>277886.0300000000</valUSD>
        <pctVal>0.0588277709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OSJB Holdings Corp</name>
        <lei>N/A</lei>
        <title>OSJB Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3697600009"/>
          <ticker value="5912"/>
          <other otherDesc="SEDOL" value="6470599"/>
        </identifiers>
        <balance>70400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>178965.5800000000</valUSD>
        <pctVal>0.0378865614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bodycote PLC</name>
        <lei>213800V93QFW53NB7Y29</lei>
        <title>Bodycote PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B3FLWH99"/>
          <ticker value="BOY"/>
          <other otherDesc="SEDOL" value="B3FLWH9"/>
        </identifiers>
        <balance>108013.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1081900.1400000000</valUSD>
        <pctVal>0.2290355278</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>Mewah International Inc</name>
        <lei>2138003YNN85987W7B06</lei>
        <title>Mewah International Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6074A1085"/>
          <ticker value="MII"/>
          <other otherDesc="SEDOL" value="B3RQ6Q9"/>
        </identifiers>
        <balance>120500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>31087.8100000000</valUSD>
        <pctVal>0.0065812109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAFCO Group Co ltd</name>
        <lei>N/A</lei>
        <title>JAFCO Group Co ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389900006"/>
          <ticker value="8595"/>
          <other otherDesc="SEDOL" value="6471439"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>232568.9400000000</valUSD>
        <pctVal>0.0492342574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Regis Resources Ltd</name>
        <lei>213800XH9YUXBLYBD749</lei>
        <title>Regis Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RRL8"/>
          <ticker value="RRL"/>
          <other otherDesc="SEDOL" value="6476542"/>
        </identifiers>
        <balance>338328.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>807644.4400000000</valUSD>
        <pctVal>0.1709762887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Joshin Denki Co Ltd</name>
        <lei>N/A</lei>
        <title>Joshin Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3393000009"/>
          <ticker value="8173"/>
          <other otherDesc="SEDOL" value="6479604"/>
        </identifiers>
        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>138259.7300000000</valUSD>
        <pctVal>0.0292692357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Juroku Bank Ltd/The</name>
        <lei>549300RFU3D1M30ZZA20</lei>
        <title>Juroku Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3392600007"/>
          <ticker value="8356"/>
          <other otherDesc="SEDOL" value="6479983"/>
        </identifiers>
        <balance>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>273028.5000000000</valUSD>
        <pctVal>0.0577994441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KAWADA TECHNOLOGIES Inc</name>
        <lei>N/A</lei>
        <title>KAWADA TECHNOLOGIES Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3226300006"/>
          <ticker value="3443"/>
          <other otherDesc="SEDOL" value="B3V2W32"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>8939.9200000000</valUSD>
        <pctVal>0.0018925585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guotai Junan International Holdings Ltd</name>
        <lei>2138006FECWIZUO67V37</lei>
        <title>Guotai Junan International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000065869"/>
          <ticker value="1788"/>
          <other otherDesc="SEDOL" value="B3W1335"/>
        </identifiers>
        <balance>4651000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>832810.5000000000</valUSD>
        <pctVal>0.1763038800</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>K Wah International Holdings Ltd</name>
        <lei>N/A</lei>
        <title>K Wah International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5321P1169"/>
          <ticker value="173"/>
          <other otherDesc="SEDOL" value="6480082"/>
        </identifiers>
        <balance>1698000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>873374.8200000000</valUSD>
        <pctVal>0.1848912441</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>Kaga Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Kaga Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3206200002"/>
          <ticker value="8154"/>
          <other otherDesc="SEDOL" value="6480758"/>
        </identifiers>
        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>32734.1300000000</valUSD>
        <pctVal>0.0069297327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kamei Corp</name>
        <lei>N/A</lei>
        <title>Kamei Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3219400003"/>
          <ticker value="8037"/>
          <other otherDesc="SEDOL" value="6482550"/>
        </identifiers>
        <balance>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>44949.2900000000</valUSD>
        <pctVal>0.0095156512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kanamoto Co Ltd</name>
        <lei>N/A</lei>
        <title>Kanamoto Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3215200001"/>
          <ticker value="9678"/>
          <other otherDesc="SEDOL" value="6482903"/>
        </identifiers>
        <balance>22800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>508795.6900000000</valUSD>
        <pctVal>0.1077107629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TPR Co Ltd</name>
        <lei>N/A</lei>
        <title>TPR Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3542400001"/>
          <ticker value="6463"/>
          <other otherDesc="SEDOL" value="6880927"/>
        </identifiers>
        <balance>8500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>117151.0900000000</valUSD>
        <pctVal>0.0248005899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Israel Corp Ltd/The</name>
        <lei>213800VASRTF37M7LO42</lei>
        <title>Israel Corp Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005760173"/>
          <ticker value="ILCO"/>
          <other otherDesc="SEDOL" value="6889678"/>
        </identifiers>
        <balance>658.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>148258.5900000000</valUSD>
        <pctVal>0.0313859692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kaneka Corp</name>
        <lei>N/A</lei>
        <title>Kaneka Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3215800008"/>
          <ticker value="4118"/>
          <other otherDesc="SEDOL" value="6483360"/>
        </identifiers>
        <balance>24400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>955222.5100000000</valUSD>
        <pctVal>0.2022181934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kanematsu Corp</name>
        <lei>353800N574WR0FX80I71</lei>
        <title>Kanematsu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3217100001"/>
          <ticker value="8020"/>
          <other otherDesc="SEDOL" value="6483467"/>
        </identifiers>
        <balance>1400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>17965.7900000000</valUSD>
        <pctVal>0.0038033124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kandenko Co Ltd</name>
        <lei>35380080NSN7GCYZ3X14</lei>
        <title>Kandenko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3230600003"/>
          <ticker value="1942"/>
          <other otherDesc="SEDOL" value="6483586"/>
        </identifiers>
        <balance>35200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>289981.6500000000</valUSD>
        <pctVal>0.0613883831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kanto Denka Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Kanto Denka Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3232600001"/>
          <ticker value="4047"/>
          <other otherDesc="SEDOL" value="6483627"/>
        </identifiers>
        <balance>11700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>96480.8500000000</valUSD>
        <pctVal>0.0204247523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Riko Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Riko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3564200008"/>
          <ticker value="5191"/>
          <other otherDesc="SEDOL" value="6893914"/>
        </identifiers>
        <balance>8900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>51671.0900000000</valUSD>
        <pctVal>0.0109386393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokai Rika Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokai Rika Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3566600007"/>
          <ticker value="6995"/>
          <other otherDesc="SEDOL" value="6894025"/>
        </identifiers>
        <balance>11100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>182133.5200000000</valUSD>
        <pctVal>0.0385572063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIDEA Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>FIDEA Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802940001"/>
          <ticker value="8713"/>
          <other otherDesc="SEDOL" value="B3X0911"/>
        </identifiers>
        <balance>21100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>24328.5500000000</valUSD>
        <pctVal>0.0051502926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dicker Data Ltd</name>
        <lei>549300Z9AR1B5G2UQJ37</lei>
        <title>Dicker Data Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000DDR5"/>
          <ticker value="DDR"/>
          <other otherDesc="SEDOL" value="B3YPKQ7"/>
        </identifiers>
        <balance>7865.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>63750.3300000000</valUSD>
        <pctVal>0.0134957839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toa Corp/Tokyo</name>
        <lei>N/A</lei>
        <title>Toa Corp/Tokyo</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3556000002"/>
          <ticker value="1885"/>
          <other otherDesc="SEDOL" value="6894508"/>
        </identifiers>
        <balance>8300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>177553.7800000000</valUSD>
        <pctVal>0.0375876869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yurtec Corp</name>
        <lei>N/A</lei>
        <title>Yurtec Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3946200007"/>
          <ticker value="1934"/>
          <other otherDesc="SEDOL" value="6894672"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>7384.2800000000</valUSD>
        <pctVal>0.0015632334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Megmilk Snow Brand Co Ltd</name>
        <lei>N/A</lei>
        <title>Megmilk Snow Brand Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3947800003"/>
          <ticker value="2270"/>
          <other otherDesc="SEDOL" value="B3ZC078"/>
        </identifiers>
        <balance>17200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>345652.1300000000</valUSD>
        <pctVal>0.0731736832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Senshu Ikeda Holdings Inc</name>
        <lei>N/A</lei>
        <title>Senshu Ikeda Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3132600002"/>
          <ticker value="8714"/>
          <other otherDesc="SEDOL" value="B40T3T4"/>
        </identifiers>
        <balance>109700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>165122.0100000000</valUSD>
        <pctVal>0.0349559126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Topre Corp</name>
        <lei>N/A</lei>
        <title>Topre Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3598200008"/>
          <ticker value="5975"/>
          <other otherDesc="SEDOL" value="6894928"/>
        </identifiers>
        <balance>10600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>152613.7500000000</valUSD>
        <pctVal>0.0323079455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toho Zinc Co Ltd</name>
        <lei>35380014LT36FECUB915</lei>
        <title>Toho Zinc Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3599000001"/>
          <ticker value="5707"/>
          <other otherDesc="SEDOL" value="6895567"/>
        </identifiers>
        <balance>7700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>164733.9800000000</valUSD>
        <pctVal>0.0348737676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Redde Northgate PLC</name>
        <lei>213800B3ZUTDOZYVJB41</lei>
        <title>Redde Northgate PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B41H7391"/>
          <ticker value="REDD"/>
          <other otherDesc="SEDOL" value="B41H739"/>
        </identifiers>
        <balance>152021.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>582387.8900000000</valUSD>
        <pctVal>0.1232900458</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>MyState Ltd</name>
        <lei>N/A</lei>
        <title>MyState Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MYS0"/>
          <ticker value="MYS"/>
          <other otherDesc="SEDOL" value="B41XHK4"/>
        </identifiers>
        <balance>32630.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>117832.4500000000</valUSD>
        <pctVal>0.0249448321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alliance Aviation Services Ltd</name>
        <lei>N/A</lei>
        <title>Alliance Aviation Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AQZ6"/>
          <ticker value="AQZ"/>
          <other otherDesc="SEDOL" value="B45N131"/>
        </identifiers>
        <balance>50306.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>164456.4100000000</valUSD>
        <pctVal>0.0348150067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stolt-Nielsen Ltd</name>
        <lei>213800VZX4LWJSGRLR94</lei>
        <title>Stolt-Nielsen Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG850801025"/>
          <ticker value="SNI"/>
          <other otherDesc="SEDOL" value="B4PKZG3"/>
        </identifiers>
        <balance>34291.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>456065.4200000000</valUSD>
        <pctVal>0.0965478979</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>K's Holdings Corp</name>
        <lei>3538003LJ09YLR6NHG27</lei>
        <title>K's Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277150003"/>
          <ticker value="8282"/>
          <other otherDesc="SEDOL" value="6484277"/>
        </identifiers>
        <balance>90200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1208787.3400000000</valUSD>
        <pctVal>0.2558972277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kawasaki Heavy Industries Ltd</name>
        <lei>5493008FFSI8SQ74AT93</lei>
        <title>Kawasaki Heavy Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3224200000"/>
          <ticker value="7012"/>
          <other otherDesc="SEDOL" value="6484620"/>
        </identifiers>
        <balance>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>334555.9600000000</valUSD>
        <pctVal>0.0708246520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G-Tekt Corp</name>
        <lei>N/A</lei>
        <title>G-Tekt Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3236750000"/>
          <ticker value="5970"/>
          <other otherDesc="SEDOL" value="6487072"/>
        </identifiers>
        <balance>6700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>88349.5600000000</valUSD>
        <pctVal>0.0187033788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keiyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Keiyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277400002"/>
          <ticker value="8168"/>
          <other otherDesc="SEDOL" value="6487458"/>
        </identifiers>
        <balance>31300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>214636.9400000000</valUSD>
        <pctVal>0.0454380982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokuyama Corp</name>
        <lei>N/A</lei>
        <title>Tokuyama Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3625000009"/>
          <ticker value="4043"/>
          <other otherDesc="SEDOL" value="6895761"/>
        </identifiers>
        <balance>36500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>920283.6300000000</valUSD>
        <pctVal>0.1948217208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tomoku Co Ltd</name>
        <lei>N/A</lei>
        <title>Tomoku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3554000004"/>
          <ticker value="3946"/>
          <other otherDesc="SEDOL" value="6896311"/>
        </identifiers>
        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>26485.1300000000</valUSD>
        <pctVal>0.0056068351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kojima Co Ltd</name>
        <lei>N/A</lei>
        <title>Kojima Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3297380002"/>
          <ticker value="7513"/>
          <other otherDesc="SEDOL" value="6488912"/>
        </identifiers>
        <balance>22300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>126981.8500000000</valUSD>
        <pctVal>0.0268817370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gecoss Corp</name>
        <lei>N/A</lei>
        <title>Gecoss Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3225500002"/>
          <ticker value="9991"/>
          <other otherDesc="SEDOL" value="6491794"/>
        </identifiers>
        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>18690.7000000000</valUSD>
        <pctVal>0.0039567740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MACA Ltd</name>
        <lei>N/A</lei>
        <title>MACA Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MLD9"/>
          <ticker value="MLD"/>
          <other otherDesc="SEDOL" value="B4V14H4"/>
        </identifiers>
        <balance>90654.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>76274.8300000000</valUSD>
        <pctVal>0.0161471889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Selvaag Bolig ASA</name>
        <lei>5967007LIEEXZXIHPK59</lei>
        <title>Selvaag Bolig ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010612450"/>
          <ticker value="SBO"/>
          <other otherDesc="SEDOL" value="B4V6DD8"/>
        </identifiers>
        <balance>11842.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>77007.2800000000</valUSD>
        <pctVal>0.0163022467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kitz Corp</name>
        <lei>N/A</lei>
        <title>Kitz Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240700009"/>
          <ticker value="6498"/>
          <other otherDesc="SEDOL" value="6494276"/>
        </identifiers>
        <balance>26000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>138634.4000000000</valUSD>
        <pctVal>0.0293485524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kiyo Bank Ltd/The</name>
        <lei>3538002347FGLMNPVY63</lei>
        <title>Kiyo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3248000006"/>
          <ticker value="8370"/>
          <other otherDesc="SEDOL" value="6494522"/>
        </identifiers>
        <balance>34000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>462845.7300000000</valUSD>
        <pctVal>0.0979832724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kobe Steel Ltd</name>
        <lei>549300ZDCYYUPHEE5K87</lei>
        <title>Kobe Steel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3289800009"/>
          <ticker value="5406"/>
          <other otherDesc="SEDOL" value="6496023"/>
        </identifiers>
        <balance>132200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>826256.2100000000</valUSD>
        <pctVal>0.1749163534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Komeri Co Ltd</name>
        <lei>N/A</lei>
        <title>Komeri Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305600003"/>
          <ticker value="8218"/>
          <other otherDesc="SEDOL" value="6496250"/>
        </identifiers>
        <balance>19500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>525006.2500000000</valUSD>
        <pctVal>0.1111424975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ercros SA</name>
        <lei>959800Z611RK76NEVF32</lei>
        <title>Ercros SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0125140A14"/>
          <ticker value="ECR"/>
          <other otherDesc="SEDOL" value="B4WHFN4"/>
        </identifiers>
        <balance>31436.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>91503.1100000000</valUSD>
        <pctVal>0.0193709773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coats Group PLC</name>
        <lei>2138003SPYWGAITNFY17</lei>
        <title>Coats Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4YZN328"/>
          <ticker value="COA"/>
          <other otherDesc="SEDOL" value="B4YZN32"/>
        </identifiers>
        <balance>775529.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>669085.7100000000</valUSD>
        <pctVal>0.1416437554</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>JTEKT Corp</name>
        <lei>N/A</lei>
        <title>JTEKT Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3292200007"/>
          <ticker value="6473"/>
          <other otherDesc="SEDOL" value="6497082"/>
        </identifiers>
        <balance>113600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1206756.2000000000</valUSD>
        <pctVal>0.2554672405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kumagai Gumi Co Ltd</name>
        <lei>N/A</lei>
        <title>Kumagai Gumi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3266800006"/>
          <ticker value="1861"/>
          <other otherDesc="SEDOL" value="6497565"/>
        </identifiers>
        <balance>22300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>589898.3100000000</valUSD>
        <pctVal>0.1248799827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Totetsu Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Totetsu Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595400007"/>
          <ticker value="1835"/>
          <other otherDesc="SEDOL" value="6897444"/>
        </identifiers>
        <balance>6100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>147787.4500000000</valUSD>
        <pctVal>0.0312862300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towa Bank Ltd/The</name>
        <lei>3538009WQM5M1AUS0I04</lei>
        <title>Towa Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3622400004"/>
          <ticker value="8558"/>
          <other otherDesc="SEDOL" value="6897905"/>
        </identifiers>
        <balance>11900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>76290.3200000000</valUSD>
        <pctVal>0.0161504681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Light Metal Holdings Co Ltd</name>
        <lei>353800J9KCFJSF2CGT47</lei>
        <title>Nippon Light Metal Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3700200003"/>
          <ticker value="5703"/>
          <other otherDesc="SEDOL" value="B51WP26"/>
        </identifiers>
        <balance>32910.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>653762.3800000000</valUSD>
        <pctVal>0.1383998451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Financial Products Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Financial Products Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166990006"/>
          <ticker value="7148"/>
          <other otherDesc="SEDOL" value="B54LCZ2"/>
        </identifiers>
        <balance>30900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>186287.7600000000</valUSD>
        <pctVal>0.0394366484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuraray Co Ltd</name>
        <lei>549300W9JPTOE739QZ31</lei>
        <title>Kuraray Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3269600007"/>
          <ticker value="3405"/>
          <other otherDesc="SEDOL" value="6497662"/>
        </identifiers>
        <balance>144100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1638407.2300000000</valUSD>
        <pctVal>0.3468466736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kureha Corp</name>
        <lei>N/A</lei>
        <title>Kureha Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3271600003"/>
          <ticker value="4023"/>
          <other otherDesc="SEDOL" value="6497907"/>
        </identifiers>
        <balance>7800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>518577.0000000000</valUSD>
        <pctVal>0.1097814415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arise AB</name>
        <lei>549300FOT7EE85QYB655</lei>
        <title>Arise AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002095604"/>
          <ticker value="ARISE"/>
          <other otherDesc="SEDOL" value="B55NH41"/>
        </identifiers>
        <balance>17600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>98163.8100000000</valUSD>
        <pctVal>0.0207810307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wallenius Wilhelmsen ASA</name>
        <lei>549300NBN0URT3RA3Y54</lei>
        <title>Wallenius Wilhelmsen ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010571680"/>
          <ticker value="WALWIL"/>
          <other otherDesc="SEDOL" value="B55WMQ5"/>
        </identifiers>
        <balance>50834.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>140324.3200000000</valUSD>
        <pctVal>0.0297063042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyo Tire Corp</name>
        <lei>N/A</lei>
        <title>Toyo Tire Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3610600003"/>
          <ticker value="5105"/>
          <other otherDesc="SEDOL" value="6900182"/>
        </identifiers>
        <balance>63500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1118698.1300000000</valUSD>
        <pctVal>0.2368255694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyo Seikan Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Toyo Seikan Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3613400005"/>
          <ticker value="5901"/>
          <other otherDesc="SEDOL" value="6900267"/>
        </identifiers>
        <balance>49300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>622442.2300000000</valUSD>
        <pctVal>0.1317694484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kurimoto Ltd</name>
        <lei>N/A</lei>
        <title>Kurimoto Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3270800000"/>
          <ticker value="5602"/>
          <other otherDesc="SEDOL" value="6497941"/>
        </identifiers>
        <balance>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>12884.6100000000</valUSD>
        <pctVal>0.0027276394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyokuyo Co Ltd</name>
        <lei>353800PIEETYXIDK6K51</lei>
        <title>Kyokuyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3257200000"/>
          <ticker value="1301"/>
          <other otherDesc="SEDOL" value="6498706"/>
        </identifiers>
        <balance>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>50730.0700000000</valUSD>
        <pctVal>0.0107394277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tosoh Corp</name>
        <lei>N/A</lei>
        <title>Tosoh Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595200001"/>
          <ticker value="4042"/>
          <other otherDesc="SEDOL" value="6900289"/>
        </identifiers>
        <balance>43300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>800837.8000000000</valUSD>
        <pctVal>0.1695353401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mazda Motor Corp</name>
        <lei>N/A</lei>
        <title>Mazda Motor Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3868400007"/>
          <ticker value="7261"/>
          <other otherDesc="SEDOL" value="6900308"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>4800.9500000000</valUSD>
        <pctVal>0.0010163490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hutchison Port Holdings Trust</name>
        <lei>N/A</lei>
        <title>Hutchison Port Holdings Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D00968206"/>
          <ticker value="HPHT"/>
          <other otherDesc="SEDOL" value="B56ZM74"/>
        </identifiers>
        <balance>9272600.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2212943.0800000000</valUSD>
        <pctVal>0.4684744624</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>APERAM SA</name>
        <lei>5493001136GE6L4R7M63</lei>
        <title>APERAM SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0569974404"/>
          <ticker value="APAM"/>
          <other otherDesc="SEDOL" value="B58C6H1"/>
        </identifiers>
        <balance>24342.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1018798.6500000000</valUSD>
        <pctVal>0.2156771017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyudenko Corp</name>
        <lei>N/A</lei>
        <title>Kyudenko Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3247050002"/>
          <ticker value="1959"/>
          <other otherDesc="SEDOL" value="6499969"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>19828.3200000000</valUSD>
        <pctVal>0.0041976053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Migdal Insurance &amp; Financial Holdings Ltd</name>
        <lei>549300W4Y1WPXVCYYE42</lei>
        <title>Migdal Insurance &amp; Financial Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010811656"/>
          <ticker value="MGDL"/>
          <other otherDesc="SEDOL" value="6509062"/>
        </identifiers>
        <balance>55000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>59144.7400000000</valUSD>
        <pctVal>0.0125207921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDION Corp</name>
        <lei>353800697NBCW7EAHZ97</lei>
        <title>EDION Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164470001"/>
          <ticker value="2730"/>
          <other otherDesc="SEDOL" value="6512714"/>
        </identifiers>
        <balance>46800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>475317.0100000000</valUSD>
        <pctVal>0.1006234108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arata Corp</name>
        <lei>N/A</lei>
        <title>Arata Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3125100002"/>
          <ticker value="2733"/>
          <other otherDesc="SEDOL" value="6517515"/>
        </identifiers>
        <balance>7200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>304321.1900000000</valUSD>
        <pctVal>0.0644240275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyobo Co Ltd</name>
        <lei>N/A</lei>
        <title>Toyobo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3619800000"/>
          <ticker value="3101"/>
          <other otherDesc="SEDOL" value="6900502"/>
        </identifiers>
        <balance>61900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>786270.7200000000</valUSD>
        <pctVal>0.1664515261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyoda Gosei Co Ltd</name>
        <lei>N/A</lei>
        <title>Toyoda Gosei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3634200004"/>
          <ticker value="7282"/>
          <other otherDesc="SEDOL" value="6900557"/>
        </identifiers>
        <balance>29700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>776344.8200000000</valUSD>
        <pctVal>0.1643502381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyota Boshoku Corp</name>
        <lei>N/A</lei>
        <title>Toyota Boshoku Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635400009"/>
          <ticker value="3116"/>
          <other otherDesc="SEDOL" value="6900591"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>9418.0200000000</valUSD>
        <pctVal>0.0019937711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsubakimoto Chain Co</name>
        <lei>N/A</lei>
        <title>Tsubakimoto Chain Co</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3535400000"/>
          <ticker value="6371"/>
          <other otherDesc="SEDOL" value="6906704"/>
        </identifiers>
        <balance>14300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>390579.4500000000</valUSD>
        <pctVal>0.0826846834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsuzuki Denki Co Ltd</name>
        <lei>N/A</lei>
        <title>Tsuzuki Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3533800003"/>
          <ticker value="8157"/>
          <other otherDesc="SEDOL" value="6906975"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2810.4600000000</valUSD>
        <pctVal>0.0005949673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ube Industries Ltd</name>
        <lei>N/A</lei>
        <title>Ube Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3158800007"/>
          <ticker value="4208"/>
          <other otherDesc="SEDOL" value="6910705"/>
        </identifiers>
        <balance>56000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1133507.8100000000</valUSD>
        <pctVal>0.2399607413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sala Corp</name>
        <lei>N/A</lei>
        <title>Sala Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3310350008"/>
          <ticker value="2734"/>
          <other otherDesc="SEDOL" value="6520609"/>
        </identifiers>
        <balance>12500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>67422.6500000000</valUSD>
        <pctVal>0.0142732048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VSTECS Holdings Ltd</name>
        <lei>N/A</lei>
        <title>VSTECS Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9400C1116"/>
          <ticker value="856"/>
          <other otherDesc="SEDOL" value="6527031"/>
        </identifiers>
        <balance>138000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>123625.8800000000</valUSD>
        <pctVal>0.0261712866</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>Uchida Yoko Co Ltd</name>
        <lei>N/A</lei>
        <title>Uchida Yoko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3157200001"/>
          <ticker value="8057"/>
          <other otherDesc="SEDOL" value="6910965"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>21082.6900000000</valUSD>
        <pctVal>0.0044631522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unitika Ltd</name>
        <lei>N/A</lei>
        <title>Unitika Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3951200009"/>
          <ticker value="3103"/>
          <other otherDesc="SEDOL" value="6918301"/>
        </identifiers>
        <balance>27100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>109503.2700000000</valUSD>
        <pctVal>0.0231815658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victory Supermarket Chain Ltd</name>
        <lei>N/A</lei>
        <title>Victory Supermarket Chain Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011237778"/>
          <ticker value="VCTR"/>
          <other otherDesc="SEDOL" value="B58XVL3"/>
        </identifiers>
        <balance>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>40917.6800000000</valUSD>
        <pctVal>0.0086621695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Cross Media Group Ltd</name>
        <lei>N/A</lei>
        <title>Southern Cross Media Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SXL4"/>
          <ticker value="SXL"/>
          <other otherDesc="SEDOL" value="B5M7371"/>
        </identifiers>
        <balance>186424.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>332929.5700000000</valUSD>
        <pctVal>0.0704803493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Studio Alice Co Ltd</name>
        <lei>N/A</lei>
        <title>Studio Alice Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399240005"/>
          <ticker value="2305"/>
          <other otherDesc="SEDOL" value="6528164"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>45657.7100000000</valUSD>
        <pctVal>0.0096656219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMIC Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>CMIC Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3359000001"/>
          <ticker value="2309"/>
          <other otherDesc="SEDOL" value="6529554"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>18503.0600000000</valUSD>
        <pctVal>0.0039170511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fox Wizel Ltd</name>
        <lei>N/A</lei>
        <title>Fox Wizel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010870223"/>
          <ticker value="FOX"/>
          <other otherDesc="SEDOL" value="6541741"/>
        </identifiers>
        <balance>8532.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>785633.4000000000</valUSD>
        <pctVal>0.1663166071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McPherson's Ltd</name>
        <lei>N/A</lei>
        <title>McPherson's Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MCP2"/>
          <ticker value="MCP"/>
          <other otherDesc="SEDOL" value="6542056"/>
        </identifiers>
        <balance>72688.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>66749.1500000000</valUSD>
        <pctVal>0.0141306265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valor Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Valor Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3778400006"/>
          <ticker value="9956"/>
          <other otherDesc="SEDOL" value="6926553"/>
        </identifiers>
        <balance>21000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>445407.7200000000</valUSD>
        <pctVal>0.0942916897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wakita &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Wakita &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3992000004"/>
          <ticker value="8125"/>
          <other otherDesc="SEDOL" value="6933735"/>
        </identifiers>
        <balance>17000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>150330.7900000000</valUSD>
        <pctVal>0.0318246487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carasso Motors Ltd</name>
        <lei>N/A</lei>
        <title>Carasso Motors Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011238503"/>
          <ticker value="CRSO"/>
          <other otherDesc="SEDOL" value="B5MTMX6"/>
        </identifiers>
        <balance>19452.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>80116.6300000000</valUSD>
        <pctVal>0.0169604883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Centamin PLC</name>
        <lei>213800PDI9G7OUKLPV84</lei>
        <title>Centamin PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B5TT1872"/>
          <ticker value="CEY"/>
          <other otherDesc="SEDOL" value="B5TT187"/>
        </identifiers>
        <balance>515461.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>725562.2800000000</valUSD>
        <pctVal>0.1535997026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orior AG</name>
        <lei>50670020I84ZA17K9522</lei>
        <title>Orior AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0111677362"/>
          <ticker value="ORON"/>
          <other otherDesc="SEDOL" value="B5VW1G2"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>49439.0000000000</valUSD>
        <pctVal>0.0104661115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Superdry PLC</name>
        <lei>213800GAQMT2WL7BW361</lei>
        <title>Superdry PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B60BD277"/>
          <ticker value="SDRY"/>
          <other otherDesc="SEDOL" value="B60BD27"/>
        </identifiers>
        <balance>21629.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>80156.6000000000</valUSD>
        <pctVal>0.0169689498</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>Iluka Resources Ltd</name>
        <lei>2549009N2Y1F4YNB0955</lei>
        <title>Iluka Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ILU1"/>
          <ticker value="ILU"/>
          <other otherDesc="SEDOL" value="6957575"/>
        </identifiers>
        <balance>275403.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>1568364.3900000000</valUSD>
        <pctVal>0.3320187813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warabeya Nichiyo Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Warabeya Nichiyo Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3994400004"/>
          <ticker value="2918"/>
          <other otherDesc="SEDOL" value="6961888"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>35345.0700000000</valUSD>
        <pctVal>0.0074824621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yahagi Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Yahagi Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3933200002"/>
          <ticker value="1870"/>
          <other otherDesc="SEDOL" value="6985037"/>
        </identifiers>
        <balance>5600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>43460.6900000000</valUSD>
        <pctVal>0.0092005183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamato Corp</name>
        <lei>N/A</lei>
        <title>Yamato Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3940800000"/>
          <ticker value="1967"/>
          <other otherDesc="SEDOL" value="6985468"/>
        </identifiers>
        <balance>700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>4274.5400000000</valUSD>
        <pctVal>0.0009049093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JFE Holdings Inc</name>
        <lei>N/A</lei>
        <title>JFE Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386030005"/>
          <ticker value="5411"/>
          <other otherDesc="SEDOL" value="6543792"/>
        </identifiers>
        <balance>90300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>965477.2300000000</valUSD>
        <pctVal>0.2043890918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Macmahon Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Macmahon Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MAH3"/>
          <ticker value="MAH"/>
          <other otherDesc="SEDOL" value="6551160"/>
        </identifiers>
        <balance>354016.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>59932.6300000000</valUSD>
        <pctVal>0.0126875864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yaoko Co Ltd</name>
        <lei>N/A</lei>
        <title>Yaoko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3930200005"/>
          <ticker value="8279"/>
          <other otherDesc="SEDOL" value="6985899"/>
        </identifiers>
        <balance>1100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>67370.9400000000</valUSD>
        <pctVal>0.0142622579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Transcity Corp</name>
        <lei>N/A</lei>
        <title>Japan Transcity Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3739600009"/>
          <ticker value="9310"/>
          <other otherDesc="SEDOL" value="6986386"/>
        </identifiers>
        <balance>4400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>21551.9400000000</valUSD>
        <pctVal>0.0045624913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yokohama Rubber Co Ltd/The</name>
        <lei>N/A</lei>
        <title>Yokohama Rubber Co Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3955800002"/>
          <ticker value="5101"/>
          <other otherDesc="SEDOL" value="6986461"/>
        </identifiers>
        <balance>62800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1097417.1700000000</valUSD>
        <pctVal>0.2323204439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yokohama Reito Co Ltd</name>
        <lei>N/A</lei>
        <title>Yokohama Reito Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3957000007"/>
          <ticker value="2874"/>
          <other otherDesc="SEDOL" value="6986483"/>
        </identifiers>
        <balance>20000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>164475.6500000000</valUSD>
        <pctVal>0.0348190798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asahi Holdings Inc</name>
        <lei>353800W25FCOFE32EM73</lei>
        <title>Asahi Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3116700000"/>
          <ticker value="5857"/>
          <other otherDesc="SEDOL" value="B60DQZ7"/>
        </identifiers>
        <balance>23400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>874701.7800000000</valUSD>
        <pctVal>0.1851721582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inchcape PLC</name>
        <lei>213800RGEH1MPPNM2T57</lei>
        <title>Inchcape PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B61TVQ02"/>
          <ticker value="INCH"/>
          <other otherDesc="SEDOL" value="B61TVQ0"/>
        </identifiers>
        <balance>219043.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2162855.3800000000</valUSD>
        <pctVal>0.4578710227</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>Daito Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Daito Pharmaceutical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3486150000"/>
          <ticker value="4577"/>
          <other otherDesc="SEDOL" value="B6293R4"/>
        </identifiers>
        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>155068.2000000000</valUSD>
        <pctVal>0.0328275464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EnQuest PLC</name>
        <lei>2138008LJU6WFQWOXJ73</lei>
        <title>EnQuest PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B635TG28"/>
          <ticker value="ENQ"/>
          <other otherDesc="SEDOL" value="B635TG2"/>
        </identifiers>
        <balance>132465.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>35816.7800000000</valUSD>
        <pctVal>0.0075823219</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>Parex Resources Inc</name>
        <lei>549300U7LWRGTY6XWK67</lei>
        <title>Parex Resources Inc</title>
        <cusip>69946Q104</cusip>
        <identifiers>
          <isin value="CA69946Q1046"/>
          <ticker value="PXT"/>
          <other otherDesc="SEDOL" value="B575D14"/>
        </identifiers>
        <balance>65079.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1040159.4100000000</valUSD>
        <pctVal>0.2201991207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pason Systems Inc</name>
        <lei>N/A</lei>
        <title>Pason Systems Inc</title>
        <cusip>702925108</cusip>
        <identifiers>
          <isin value="CA7029251088"/>
          <ticker value="PSI"/>
          <other otherDesc="SEDOL" value="2569565"/>
        </identifiers>
        <balance>38968.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>297021.5300000000</valUSD>
        <pctVal>0.0628787079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M&amp;G PLC</name>
        <lei>254900TWUJUQ44TQJY84</lei>
        <title>M&amp;G PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BKFB1C65"/>
          <ticker value="MNG"/>
          <other otherDesc="SEDOL" value="BKFB1C6"/>
        </identifiers>
        <balance>780308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1998947.0300000000</valUSD>
        <pctVal>0.4231720389</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>dormakaba Holding AG</name>
        <lei>529900QMU5ZH99KMQK13</lei>
        <title>dormakaba Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0011795959"/>
          <ticker value="DOKA"/>
          <other otherDesc="SEDOL" value="7050417"/>
        </identifiers>
        <balance>531.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>322756.1600000000</valUSD>
        <pctVal>0.0683266641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>St Galler Kantonalbank AG</name>
        <lei>549300GFRG6OK00RG957</lei>
        <title>St Galler Kantonalbank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0011484067"/>
          <ticker value="SGKN"/>
          <other otherDesc="SEDOL" value="7058262"/>
        </identifiers>
        <balance>297.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>138130.6900000000</valUSD>
        <pctVal>0.0292419183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RSA Insurance Group PLC</name>
        <lei>549300HOGQ7E0TY86138</lei>
        <title>RSA Insurance Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BKKMKR23"/>
          <ticker value="RSA"/>
          <other otherDesc="SEDOL" value="BKKMKR2"/>
        </identifiers>
        <balance>54971.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>517234.7900000000</valUSD>
        <pctVal>0.1094972990</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>Norske Skog ASA</name>
        <lei>529900MYY60WXHHY3039</lei>
        <title>Norske Skog ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010861115"/>
          <ticker value="NSKOG"/>
          <other otherDesc="SEDOL" value="BKTRF73"/>
        </identifiers>
        <balance>15000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>55785.9800000000</valUSD>
        <pctVal>0.0118097511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Melisron Ltd</name>
        <lei>N/A</lei>
        <title>Melisron Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0003230146"/>
          <ticker value="MLSR"/>
          <other otherDesc="SEDOL" value="6565310"/>
        </identifiers>
        <balance>13616.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>713687.4900000000</valUSD>
        <pctVal>0.1510858396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinoken Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Shinoken Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3354100004"/>
          <ticker value="8909"/>
          <other otherDesc="SEDOL" value="6566829"/>
        </identifiers>
        <balance>13600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>140288.8200000000</valUSD>
        <pctVal>0.0296987890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verkkokauppa.com Oyj</name>
        <lei>743700QZE6B52SHHTV75</lei>
        <title>Verkkokauppa.com Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000049812"/>
          <ticker value="VERK"/>
          <other otherDesc="SEDOL" value="BLBP4V9"/>
        </identifiers>
        <balance>5596.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>62905.1000000000</valUSD>
        <pctVal>0.0133168508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tethys Oil AB</name>
        <lei>549300WI3UNWMNQDVQ18</lei>
        <title>Tethys Oil AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0014399424"/>
          <ticker value="TETY"/>
          <other otherDesc="SEDOL" value="BLCVPN5"/>
        </identifiers>
        <balance>31561.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>238046.5900000000</valUSD>
        <pctVal>0.0503938620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapMan Oyj</name>
        <lei>743700498L5THNQWVL66</lei>
        <title>CapMan Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009009377"/>
          <ticker value="CAPMAN"/>
          <other otherDesc="SEDOL" value="7086605"/>
        </identifiers>
        <balance>9067.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>28667.1100000000</valUSD>
        <pctVal>0.0060687548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NKT A/S</name>
        <lei>529900197LKWCEQ0NL18</lei>
        <title>NKT A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010287663"/>
          <ticker value="NKT"/>
          <other otherDesc="SEDOL" value="7106354"/>
        </identifiers>
        <balance>27079.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>1053855.9500000000</valUSD>
        <pctVal>0.2230986436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North American Construction Group Ltd</name>
        <lei>N/A</lei>
        <title>North American Construction Group Ltd</title>
        <cusip>656811106</cusip>
        <identifiers>
          <isin value="CA6568111067"/>
          <ticker value="NOA"/>
          <other otherDesc="SEDOL" value="BFX2LG0"/>
        </identifiers>
        <balance>15561.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>186961.8800000000</valUSD>
        <pctVal>0.0395793579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maruzen Showa Unyu Co Ltd</name>
        <lei>N/A</lei>
        <title>Maruzen Showa Unyu Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3876000005"/>
          <ticker value="9068"/>
          <other otherDesc="SEDOL" value="6569624"/>
        </identifiers>
        <balance>2500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>72123.0900000000</valUSD>
        <pctVal>0.0152682760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JK Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>JK Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389570007"/>
          <ticker value="9896"/>
          <other otherDesc="SEDOL" value="6570187"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1494.2000000000</valUSD>
        <pctVal>0.0003163184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maruwa Co Ltd/Aichi</name>
        <lei>N/A</lei>
        <title>Maruwa Co Ltd/Aichi</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3879250003"/>
          <ticker value="5344"/>
          <other otherDesc="SEDOL" value="6570660"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>18936.7200000000</valUSD>
        <pctVal>0.0040088558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nexans SA</name>
        <lei>96950015FU78G84UIV14</lei>
        <title>Nexans SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000044448"/>
          <ticker value="NEX"/>
          <other otherDesc="SEDOL" value="7130836"/>
        </identifiers>
        <balance>22290.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1730184.9600000000</valUSD>
        <pctVal>0.3662757873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arbonia AG</name>
        <lei>52990053OCTMTW77M139</lei>
        <title>Arbonia AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0110240600"/>
          <ticker value="ARBN"/>
          <other otherDesc="SEDOL" value="7132735"/>
        </identifiers>
        <balance>59046.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>989292.8400000000</valUSD>
        <pctVal>0.2094307963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meidensha Corp</name>
        <lei>N/A</lei>
        <title>Meidensha Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3919800007"/>
          <ticker value="6508"/>
          <other otherDesc="SEDOL" value="6575900"/>
        </identifiers>
        <balance>21200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>457499.8400000000</valUSD>
        <pctVal>0.0968515609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Menora Mivtachim Holdings Ltd</name>
        <lei>2549009I6K3RDXFFY773</lei>
        <title>Menora Mivtachim Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005660183"/>
          <ticker value="MMHD"/>
          <other otherDesc="SEDOL" value="6577876"/>
        </identifiers>
        <balance>10452.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>199797.0100000000</valUSD>
        <pctVal>0.0422965225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OSB Group PLC</name>
        <lei>213800ZBKL9BHSL2K459</lei>
        <title>OSB Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLDRH360"/>
          <ticker value="OSB"/>
          <other otherDesc="SEDOL" value="BLDRH36"/>
        </identifiers>
        <balance>138530.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>855316.5800000000</valUSD>
        <pctVal>0.1810683603</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>Neles Oyj</name>
        <lei>2138007FRMWVPUDCMA45</lei>
        <title>Neles Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000440664"/>
          <ticker value="NELES"/>
          <other otherDesc="SEDOL" value="BLF9RR4"/>
        </identifiers>
        <balance>14424.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>178127.8300000000</valUSD>
        <pctVal>0.0377092118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOMONY Holdings Inc</name>
        <lei>N/A</lei>
        <title>TOMONY Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3631700006"/>
          <ticker value="8600"/>
          <other otherDesc="SEDOL" value="B6391L3"/>
        </identifiers>
        <balance>8700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>25022.9800000000</valUSD>
        <pctVal>0.0052973017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Greggs PLC</name>
        <lei>213800I71QMUFJ64IW20</lei>
        <title>Greggs PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B63QSB39"/>
          <ticker value="GRG"/>
          <other otherDesc="SEDOL" value="B63QSB3"/>
        </identifiers>
        <balance>52580.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1528101.7200000000</valUSD>
        <pctVal>0.3234952757</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>Huber + Suhner AG</name>
        <lei>5067007PRZ9OSX7A6787</lei>
        <title>Huber + Suhner AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0030380734"/>
          <ticker value="HUBN"/>
          <other otherDesc="SEDOL" value="7132832"/>
        </identifiers>
        <balance>12777.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>982436.1500000000</valUSD>
        <pctVal>0.2079792523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JCDecaux SA</name>
        <lei>9695009KV7AFPDEI5S30</lei>
        <title>JCDecaux SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000077919"/>
          <ticker value="DEC"/>
          <other otherDesc="SEDOL" value="7136663"/>
        </identifiers>
        <balance>9275.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>218906.7200000000</valUSD>
        <pctVal>0.0463419999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fugro NV</name>
        <lei>7245000R8GNBSDTSZ396</lei>
        <title>Fugro NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL00150004A7"/>
          <ticker value="FUR"/>
          <other otherDesc="SEDOL" value="BLKGTC9"/>
        </identifiers>
        <balance>10529.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>111174.8500000000</valUSD>
        <pctVal>0.0235354350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TP ICAP PLC</name>
        <lei>2138006YAA7IRVKKGE63</lei>
        <title>TP Icap Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BMDZN391"/>
          <ticker value="TCAP"/>
          <other otherDesc="SEDOL" value="BMDZN39"/>
        </identifiers>
        <balance>75462.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>252320.7900000000</valUSD>
        <pctVal>0.0534156741</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>Biesse SpA</name>
        <lei>815600C41423BF4CC386</lei>
        <title>Biesse SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003097257"/>
          <ticker value="BSS"/>
          <other otherDesc="SEDOL" value="7144097"/>
        </identifiers>
        <balance>17817.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>470393.4900000000</valUSD>
        <pctVal>0.0995811141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bobst Group SA</name>
        <lei>5067009NFH4S4F9KA938</lei>
        <title>Bobst Group SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012684657"/>
          <ticker value="BOBNN"/>
          <other otherDesc="SEDOL" value="7222755"/>
        </identifiers>
        <balance>13512.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>909711.3800000000</valUSD>
        <pctVal>0.1925836021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gazit-Globe Ltd</name>
        <lei>213800EO12XXGZSQ2A73</lei>
        <title>Gazit-Globe Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0001260111"/>
          <ticker value="GZT"/>
          <other otherDesc="SEDOL" value="6585396"/>
        </identifiers>
        <balance>27510.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>170291.1900000000</valUSD>
        <pctVal>0.0360502149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yue Yuen Industrial Holdings Ltd</name>
        <lei>254900YUFIBANZ1XU687</lei>
        <title>Yue Yuen Industrial Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG988031446"/>
          <ticker value="551"/>
          <other otherDesc="SEDOL" value="6586537"/>
        </identifiers>
        <balance>132500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>283685.2800000000</valUSD>
        <pctVal>0.0600554575</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>Ramelius Resources Ltd</name>
        <lei>254900E44AIGW7KKNR98</lei>
        <title>Ramelius Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RMS4"/>
          <ticker value="RMS"/>
          <other otherDesc="SEDOL" value="6586872"/>
        </identifiers>
        <balance>496813.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>476770.0700000000</valUSD>
        <pctVal>0.1009310200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Electron Device Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Electron Device Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3571600000"/>
          <ticker value="2760"/>
          <other otherDesc="SEDOL" value="6588403"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>30654.5900000000</valUSD>
        <pctVal>0.0064894993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banca IFIS SpA</name>
        <lei>8156005420362AE59184</lei>
        <title>Banca IFIS SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003188064"/>
          <ticker value="IF"/>
          <other otherDesc="SEDOL" value="7242087"/>
        </identifiers>
        <balance>39368.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>499746.5400000000</valUSD>
        <pctVal>0.1057950807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Polaris Infrastructure Inc</name>
        <lei>N/A</lei>
        <title>Polaris Infrastructure Inc</title>
        <cusip>73106R100</cusip>
        <identifiers>
          <isin value="CA73106R1001"/>
          <ticker value="PIF"/>
          <other otherDesc="SEDOL" value="BXT7BZ4"/>
        </identifiers>
        <balance>6800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>112050.9200000000</valUSD>
        <pctVal>0.0237208968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Burford Capital Ltd</name>
        <lei>549300FUKUWFYJMT2277</lei>
        <title>Burford Capital Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BMGYLN96"/>
          <ticker value="BUR"/>
          <other otherDesc="SEDOL" value="BMGYLN9"/>
        </identifiers>
        <balance>106100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>904230.9100000000</valUSD>
        <pctVal>0.1914234005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Loomis AB</name>
        <lei>213800NS2XXVRYS7WP40</lei>
        <title>Loomis AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0014504817"/>
          <ticker value="LOOMIS"/>
          <other otherDesc="SEDOL" value="BMVB566"/>
        </identifiers>
        <balance>64386.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1681048.6400000000</valUSD>
        <pctVal>0.3558737524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mirait Holdings Corp</name>
        <lei>353800RI3EZVEIDAEL62</lei>
        <title>Mirait Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910620008"/>
          <ticker value="1417"/>
          <other otherDesc="SEDOL" value="B64KR62"/>
        </identifiers>
        <balance>46400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>728148.3700000000</valUSD>
        <pctVal>0.1541471714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Asia Metals PLC</name>
        <lei>213800EYQBJZIT64NH43</lei>
        <title>Central Asia Metals PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B67KBV28"/>
          <ticker value="CAML"/>
          <other otherDesc="SEDOL" value="B67KBV2"/>
        </identifiers>
        <balance>69771.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>234206.7000000000</valUSD>
        <pctVal>0.0495809670</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>Pharma Mar SA</name>
        <lei>959800QWKZ45ZQC2AV58</lei>
        <title>Pharma Mar SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0169501022"/>
          <ticker value="PHM"/>
          <other otherDesc="SEDOL" value="BMW2GT8"/>
        </identifiers>
        <balance>10789.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1426305.7200000000</valUSD>
        <pctVal>0.3019453195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credito Valtellinese SpA</name>
        <lei>549300BDV4C410CYAQ76</lei>
        <title>Credito Valtellinese SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005412025"/>
          <ticker value="CVAL"/>
          <other otherDesc="SEDOL" value="BMWHST7"/>
        </identifiers>
        <balance>29499.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>427552.1100000000</valUSD>
        <pctVal>0.0905117021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aareal Bank AG</name>
        <lei>EZKODONU5TYHW4PP1R34</lei>
        <title>Aareal Bank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005408116"/>
          <ticker value="ARL"/>
          <other otherDesc="SEDOL" value="7380062"/>
        </identifiers>
        <balance>12546.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>332786.6600000000</valUSD>
        <pctVal>0.0704500956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valiant Holding AG</name>
        <lei>N/A</lei>
        <title>Valiant Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0014786500"/>
          <ticker value="VATN"/>
          <other otherDesc="SEDOL" value="7517893"/>
        </identifiers>
        <balance>21140.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>2117128.9900000000</valUSD>
        <pctVal>0.4481908614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Real Matters Inc</name>
        <lei>54930038CQZBR1KZYE22</lei>
        <title>Real Matters Inc</title>
        <cusip>75601Y100</cusip>
        <identifiers>
          <isin value="CA75601Y1007"/>
          <ticker value="REAL"/>
          <other otherDesc="SEDOL" value="BZ4FM87"/>
        </identifiers>
        <balance>36975.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>464875.0600000000</valUSD>
        <pctVal>0.0984128764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RaySearch Laboratories AB</name>
        <lei>549300TYFVYGS0JFWM28</lei>
        <title>RaySearch Laboratories AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000135485"/>
          <ticker value="RAYB"/>
          <other otherDesc="SEDOL" value="7591239"/>
        </identifiers>
        <balance>17809.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>196342.3500000000</valUSD>
        <pctVal>0.0415651797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mimasu Semiconductor Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Mimasu Semiconductor Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3907200004"/>
          <ticker value="8155"/>
          <other otherDesc="SEDOL" value="6594604"/>
        </identifiers>
        <balance>12000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>276566.5300000000</valUSD>
        <pctVal>0.0585484361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitani Sangyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitani Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3886600000"/>
          <ticker value="8285"/>
          <other otherDesc="SEDOL" value="6596257"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>4667.4500000000</valUSD>
        <pctVal>0.0009880874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cairn Energy PLC</name>
        <lei>213800ZJEUQ8ZOC9AL24</lei>
        <title>Cairn Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BN0SMB92"/>
          <ticker value="CNE"/>
          <other otherDesc="SEDOL" value="BN0SMB9"/>
        </identifiers>
        <balance>346846.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>919765.8400000000</valUSD>
        <pctVal>0.1947121059</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>Brunel International NV</name>
        <lei>724500Y5L5UIEYCJCZ03</lei>
        <title>Brunel International NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010776944"/>
          <ticker value="BRNL"/>
          <other otherDesc="SEDOL" value="BN573R4"/>
        </identifiers>
        <balance>3906.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>42463.6800000000</valUSD>
        <pctVal>0.0089894538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evraz PLC</name>
        <lei>5493005B7DAN39RXLK23</lei>
        <title>Evraz PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B71N6K86"/>
          <ticker value="EVR"/>
          <other otherDesc="SEDOL" value="B71N6K8"/>
        </identifiers>
        <balance>196908.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1566060.9800000000</valUSD>
        <pctVal>0.3315311552</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>easyJet PLC</name>
        <lei>2138001S47XKWIB7TH90</lei>
        <title>easyJet PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B7KR2P84"/>
          <ticker value="EZJ"/>
          <other otherDesc="SEDOL" value="B7KR2P8"/>
        </identifiers>
        <balance>42872.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>588352.0400000000</valUSD>
        <pctVal>0.1245526413</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>Mitsubishi Materials Corp</name>
        <lei>35380076QOBOSOUBRT89</lei>
        <title>Mitsubishi Materials Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3903000002"/>
          <ticker value="5711"/>
          <other otherDesc="SEDOL" value="6597089"/>
        </identifiers>
        <balance>53700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1279463.2900000000</valUSD>
        <pctVal>0.2708591479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Mining &amp; Smelting Co Ltd</name>
        <lei>35380021EYAHSQM25559</lei>
        <title>Mitsui Mining &amp; Smelting Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3888400003"/>
          <ticker value="5706"/>
          <other otherDesc="SEDOL" value="6597346"/>
        </identifiers>
        <balance>9100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>325396.8800000000</valUSD>
        <pctVal>0.0688856979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashtrom Group Ltd</name>
        <lei>N/A</lei>
        <title>Ashtrom Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011323156"/>
          <ticker value="ASHG"/>
          <other otherDesc="SEDOL" value="BN5SBF1"/>
        </identifiers>
        <balance>17229.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>315423.9000000000</valUSD>
        <pctVal>0.0667744432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inrom Construction Industries Ltd</name>
        <lei>N/A</lei>
        <title>Inrom Construction Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011323560"/>
          <ticker value="INRM"/>
          <other otherDesc="SEDOL" value="BN7ZFB4"/>
        </identifiers>
        <balance>8916.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>39643.2700000000</valUSD>
        <pctVal>0.0083923802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Playtech Plc</name>
        <lei>21380068TTB6Z9ZEU548</lei>
        <title>Playtech Plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IM00B7S9G985"/>
          <ticker value="PTEC"/>
          <other otherDesc="SEDOL" value="B7S9G98"/>
        </identifiers>
        <balance>146781.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>965614.3300000000</valUSD>
        <pctVal>0.2044181155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Pacific Bank Ltd</name>
        <lei>549300A1ZLTL4KX3DZ92</lei>
        <title>North Pacific Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3843400007"/>
          <ticker value="8524"/>
          <other otherDesc="SEDOL" value="B7VKZP7"/>
        </identifiers>
        <balance>140900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>320111.6800000000</valUSD>
        <pctVal>0.0677668344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scandi Standard AB</name>
        <lei>5493006VHH78UQJVF844</lei>
        <title>Scandi Standard AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005999760"/>
          <ticker value="SCST"/>
          <other otherDesc="SEDOL" value="BNJZRJ4"/>
        </identifiers>
        <balance>70413.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>494467.4500000000</valUSD>
        <pctVal>0.1046775106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>7C Solarparken AG</name>
        <lei>529900SUURYOXKCQ6Z90</lei>
        <title>7C Solarparken AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A11QW68"/>
          <ticker value="HRPK"/>
          <other otherDesc="SEDOL" value="BNJZSP7"/>
        </identifiers>
        <balance>21004.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>104247.1300000000</valUSD>
        <pctVal>0.0220688542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EML Payments Ltd</name>
        <lei>875500XQSV9MFXDDCD17</lei>
        <title>EML Payments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000EML7"/>
          <ticker value="EML"/>
          <other otherDesc="SEDOL" value="B7ZGK34"/>
        </identifiers>
        <balance>59242.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>227643.7100000000</valUSD>
        <pctVal>0.0481915986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prosegur Cia de Seguridad SA</name>
        <lei>549300N94L4D5NDBFG97</lei>
        <title>Prosegur Cia de Seguridad SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0175438003"/>
          <ticker value="PSG"/>
          <other otherDesc="SEDOL" value="B8CLHY9"/>
        </identifiers>
        <balance>159753.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>492251.5100000000</valUSD>
        <pctVal>0.1042084017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Chemicals Inc</name>
        <lei>N/A</lei>
        <title>Mitsui Chemicals Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3888300005"/>
          <ticker value="4183"/>
          <other otherDesc="SEDOL" value="6597368"/>
        </identifiers>
        <balance>50000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1555403.7200000000</valUSD>
        <pctVal>0.3292750401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui E&amp;S Holdings Co Ltd</name>
        <lei>5493007T2YKKWF2NYN82</lei>
        <title>Mitsui E&amp;S Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3891600003"/>
          <ticker value="7003"/>
          <other otherDesc="SEDOL" value="6597380"/>
        </identifiers>
        <balance>26400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>114862.3700000000</valUSD>
        <pctVal>0.0243160737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resolute Forest Products Inc</name>
        <lei>N/A</lei>
        <title>Resolute Forest Products Inc</title>
        <cusip>76117W109</cusip>
        <identifiers>
          <isin value="US76117W1099"/>
          <ticker value="RFP"/>
          <other otherDesc="SEDOL" value="B8DZ966"/>
        </identifiers>
        <balance>16900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>159358.7900000000</valUSD>
        <pctVal>0.0337358535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roxgold Inc</name>
        <lei>N/A</lei>
        <title>Roxgold Inc</title>
        <cusip>779899202</cusip>
        <identifiers>
          <isin value="CA7798992029"/>
          <ticker value="ROXG"/>
          <other otherDesc="SEDOL" value="B1N9N12"/>
        </identifiers>
        <balance>126160.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>136807.1700000000</valUSD>
        <pctVal>0.0289617325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Careerlink Co Ltd</name>
        <lei>N/A</lei>
        <title>Careerlink Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3244520007"/>
          <ticker value="6070"/>
          <other otherDesc="SEDOL" value="B8DB3V7"/>
        </identifiers>
        <balance>2800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>64086.7600000000</valUSD>
        <pctVal>0.0135670053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mediclinic International PLC</name>
        <lei>2138002S5BSBIZTD5I60</lei>
        <title>Mediclinic International PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B8HX8Z88"/>
          <ticker value="MDC"/>
          <other otherDesc="SEDOL" value="B8HX8Z8"/>
        </identifiers>
        <balance>78482.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>311456.3400000000</valUSD>
        <pctVal>0.0659345208</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>Mitsui OSK Lines Ltd</name>
        <lei>353800P8O843TMAZ6S09</lei>
        <title>Mitsui OSK Lines Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3362700001"/>
          <ticker value="9104"/>
          <other otherDesc="SEDOL" value="6597584"/>
        </identifiers>
        <balance>78500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2516202.8000000000</valUSD>
        <pctVal>0.5326737794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui-Soko Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsui-Soko Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3891200002"/>
          <ticker value="9302"/>
          <other otherDesc="SEDOL" value="6597647"/>
        </identifiers>
        <balance>13500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>276733.5900000000</valUSD>
        <pctVal>0.0585838023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sagen MI Canada Inc</name>
        <lei>549300YDFEOS1DI1X211</lei>
        <title>Sagen MI Canada Inc</title>
        <cusip>786688101</cusip>
        <identifiers>
          <isin value="CA7866881013"/>
          <ticker value="MIC"/>
          <other otherDesc="SEDOL" value="BMDL6T4"/>
        </identifiers>
        <balance>16240.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>552180.4200000000</valUSD>
        <pctVal>0.1168952007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Secure Energy Services Inc</name>
        <lei>549300EZKELHYBQO9X11</lei>
        <title>Secure Energy Services Inc</title>
        <cusip>81373C102</cusip>
        <identifiers>
          <isin value="CA81373C1023"/>
          <ticker value="SES"/>
          <other otherDesc="SEDOL" value="B55SGV6"/>
        </identifiers>
        <balance>68288.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>174932.3300000000</valUSD>
        <pctVal>0.0370327326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asaleo Care Ltd</name>
        <lei>N/A</lei>
        <title>Asaleo Care Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AHY8"/>
          <ticker value="AHY"/>
          <other otherDesc="SEDOL" value="BNKVHC4"/>
        </identifiers>
        <balance>107737.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>117941.9400000000</valUSD>
        <pctVal>0.0249680109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spire Healthcare Group PLC</name>
        <lei>213800IBJPW3SE2RA350</lei>
        <title>Spire Healthcare Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BNLPYF73"/>
          <ticker value="SPI"/>
          <other otherDesc="SEDOL" value="BNLPYF7"/>
        </identifiers>
        <balance>109469.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>223523.4300000000</valUSD>
        <pctVal>0.0473193457</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>Seven Generations Energy Ltd</name>
        <lei>549300XZHTA2VXQWAL67</lei>
        <title>Seven Generations Energy Ltd</title>
        <cusip>81783Q105</cusip>
        <identifiers>
          <isin value="CA81783Q1054"/>
          <ticker value="VII"/>
          <other otherDesc="SEDOL" value="BRK0MM4"/>
        </identifiers>
        <balance>158371.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1045353.1400000000</valUSD>
        <pctVal>0.2212986202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SunOpta Inc</name>
        <lei>54930010CP0KEPPRPA40</lei>
        <title>SunOpta Inc</title>
        <cusip>8676EP108</cusip>
        <identifiers>
          <isin value="CA8676EP1086"/>
          <ticker value="SOY"/>
          <other otherDesc="SEDOL" value="2817510"/>
        </identifiers>
        <balance>33813.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>523960.6800000000</valUSD>
        <pctVal>0.1109211530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crest Nicholson Holdings plc</name>
        <lei>213800ROIFXRRRKVQD25</lei>
        <title>Crest Nicholson Holdings plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B8VZXT93"/>
          <ticker value="CRST"/>
          <other otherDesc="SEDOL" value="B8VZXT9"/>
        </identifiers>
        <balance>137836.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>616780.0500000000</valUSD>
        <pctVal>0.1305707792</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>Konoike Transport Co Ltd</name>
        <lei>N/A</lei>
        <title>Konoike Transport Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3288970001"/>
          <ticker value="9025"/>
          <other otherDesc="SEDOL" value="B99HH03"/>
        </identifiers>
        <balance>3700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>36111.0000000000</valUSD>
        <pctVal>0.0076446075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>bpost SA</name>
        <lei>5493008AAX0BESN9WN06</lei>
        <title>bpost SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974268972"/>
          <ticker value="BPOST"/>
          <other otherDesc="SEDOL" value="BBH7K66"/>
        </identifiers>
        <balance>118112.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1278714.6900000000</valUSD>
        <pctVal>0.2707006711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Plus500 Ltd</name>
        <lei>549300X8NGW9C5OJZU13</lei>
        <title>Plus500 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011284465"/>
          <ticker value="PLUS"/>
          <other otherDesc="SEDOL" value="BBT3PS9"/>
        </identifiers>
        <balance>59116.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1125665.3400000000</valUSD>
        <pctVal>0.2383005102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson Electric Holdings Ltd</name>
        <lei>529900EDYRQ6K25JEC80</lei>
        <title>Johnson Electric Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5150J1577"/>
          <ticker value="179"/>
          <other otherDesc="SEDOL" value="BP4JH17"/>
        </identifiers>
        <balance>227500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>659568.4700000000</valUSD>
        <pctVal>0.1396289797</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>Accordia Golf Trust</name>
        <lei>54930073K3XWHXF9RB56</lei>
        <title>Accordia Golf Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AB5000009"/>
          <ticker value="AGT"/>
          <other otherDesc="SEDOL" value="BP8YH74"/>
        </identifiers>
        <balance>1029500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>559762.6400000000</valUSD>
        <pctVal>0.1185003375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Just Group PLC</name>
        <lei>5493006456YEZEELRR90</lei>
        <title>Just Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BCRX1J15"/>
          <ticker value="JUST"/>
          <other otherDesc="SEDOL" value="BCRX1J1"/>
        </identifiers>
        <balance>374129.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>470635.4200000000</valUSD>
        <pctVal>0.0996323301</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>Z Energy Ltd</name>
        <lei>N/A</lei>
        <title>Z Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZZELE0001S1"/>
          <ticker value="ZEL"/>
          <other otherDesc="SEDOL" value="BCZVPY0"/>
        </identifiers>
        <balance>527547.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.3839870000"/>
        <valUSD>1039368.0700000000</valUSD>
        <pctVal>0.2200315960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japfa Ltd</name>
        <lei>254900A471SL0Z6E1X90</lei>
        <title>Japfa Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AB9000005"/>
          <ticker value="JAP"/>
          <other otherDesc="SEDOL" value="BPYD720"/>
        </identifiers>
        <balance>1205200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>810707.1500000000</valUSD>
        <pctVal>0.1716246566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Granges AB</name>
        <lei>5493006UG44TYSIXOB13</lei>
        <title>Granges AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006288015"/>
          <ticker value="GRNG"/>
          <other otherDesc="SEDOL" value="BRJ3BP0"/>
        </identifiers>
        <balance>120465.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1530694.1500000000</valUSD>
        <pctVal>0.3240440866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IntegraFin Holdings PLC</name>
        <lei>213800CYIZKXK9PQYE87</lei>
        <title>IntegraFin Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD45SH49"/>
          <ticker value="IHP"/>
          <other otherDesc="SEDOL" value="BD45SH4"/>
        </identifiers>
        <balance>58947.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>408341.7400000000</valUSD>
        <pctVal>0.0864449153</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>Paradox Interactive AB</name>
        <lei>529900QNSZUY53R5WW95</lei>
        <title>Paradox Interactive AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008294953"/>
          <ticker value="PDX"/>
          <other otherDesc="SEDOL" value="BD4F658"/>
        </identifiers>
        <balance>36274.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>751260.6600000000</valUSD>
        <pctVal>0.1590399848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monadelphous Group Ltd</name>
        <lei>N/A</lei>
        <title>Monadelphous Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MND5"/>
          <ticker value="MND"/>
          <other otherDesc="SEDOL" value="6600471"/>
        </identifiers>
        <balance>24398.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>218130.0000000000</valUSD>
        <pctVal>0.0461775702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>A&amp;D Co Ltd</name>
        <lei>N/A</lei>
        <title>A&amp;D Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160130005"/>
          <ticker value="7745"/>
          <other otherDesc="SEDOL" value="6601388"/>
        </identifiers>
        <balance>11900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>131881.0500000000</valUSD>
        <pctVal>0.0279188853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indivior PLC</name>
        <lei>213800V3NCQTY7IED471</lei>
        <title>Indivior PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BRS65X63"/>
          <ticker value="INDV"/>
          <other otherDesc="SEDOL" value="BRS65X6"/>
        </identifiers>
        <balance>337344.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>602417.0500000000</valUSD>
        <pctVal>0.1275301684</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>Watahan &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Watahan &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3993830003"/>
          <ticker value="3199"/>
          <other otherDesc="SEDOL" value="BSZM2P5"/>
        </identifiers>
        <balance>7500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>88182.4200000000</valUSD>
        <pctVal>0.0186679957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NP3 Fastigheter AB</name>
        <lei>549300MGVITW8GYJHZ50</lei>
        <title>NP3 Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006342333"/>
          <ticker value="NP3"/>
          <other otherDesc="SEDOL" value="BT6SSF1"/>
        </identifiers>
        <balance>36730.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>578479.2600000000</valUSD>
        <pctVal>0.1224625987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Computacenter PLC</name>
        <lei>549300XSXUZ1I19DB105</lei>
        <title>Computacenter PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BV9FP302"/>
          <ticker value="CCC"/>
          <other otherDesc="SEDOL" value="BV9FP30"/>
        </identifiers>
        <balance>45801.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1330532.6100000000</valUSD>
        <pctVal>0.2816703939</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>TORC Oil &amp; Gas Ltd</name>
        <lei>54930004QX3OL14C3P73</lei>
        <title>TORC Oil &amp; Gas Ltd</title>
        <cusip>890895303</cusip>
        <identifiers>
          <isin value="CA8908953034"/>
          <ticker value="TOG"/>
          <other otherDesc="SEDOL" value="BDV82P2"/>
        </identifiers>
        <balance>58178.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>146747.9000000000</valUSD>
        <pctVal>0.0310661599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Torex Gold Resources Inc</name>
        <lei>549300QL07027186GQ85</lei>
        <title>Torex Gold Resources Inc</title>
        <cusip>891054603</cusip>
        <identifiers>
          <isin value="CA8910546032"/>
          <ticker value="TXG"/>
          <other otherDesc="SEDOL" value="BD2NKY1"/>
        </identifiers>
        <balance>38437.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>465738.2800000000</valUSD>
        <pctVal>0.0985956179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMO Financial Holdings Inc</name>
        <lei>N/A</lei>
        <title>GMO Financial Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386550002"/>
          <ticker value="7177"/>
          <other otherDesc="SEDOL" value="BVVQ8T8"/>
        </identifiers>
        <balance>29300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>255459.1200000000</valUSD>
        <pctVal>0.0540800507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NNIT A/S</name>
        <lei>549300KM8QVF7WR40664</lei>
        <title>NNIT A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060580512"/>
          <ticker value="NNIT"/>
          <other otherDesc="SEDOL" value="BVZHXJ2"/>
        </identifiers>
        <balance>23323.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>397612.9300000000</valUSD>
        <pctVal>0.0841736533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oceania Healthcare Ltd</name>
        <lei>N/A</lei>
        <title>Oceania Healthcare Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZOCAE0002S0"/>
          <ticker value="OCA"/>
          <other otherDesc="SEDOL" value="BD6DH46"/>
        </identifiers>
        <balance>343352.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.3839870000"/>
        <valUSD>359486.4700000000</valUSD>
        <pctVal>0.0761023780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virgin Money UK PLC</name>
        <lei>213800ZK9VGCYYR6O495</lei>
        <title>Virgin Money UK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD6GN030"/>
          <ticker value="VMUK"/>
          <other otherDesc="SEDOL" value="BD6GN03"/>
        </identifiers>
        <balance>111141.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>284541.6700000000</valUSD>
        <pctVal>0.0602367531</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>Glenveagh Properties PLC</name>
        <lei>635400QUQ2YYGMOAK834</lei>
        <title>Glenveagh Properties PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BD6JX574"/>
          <ticker value="GLV"/>
          <other otherDesc="SEDOL" value="BD6JX57"/>
        </identifiers>
        <balance>1377945.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1379670.7300000000</valUSD>
        <pctVal>0.2920728099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gestamp Automocion SA</name>
        <lei>95980020140005484363</lei>
        <title>Gestamp Automocion SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105223004"/>
          <ticker value="GEST"/>
          <other otherDesc="SEDOL" value="BD6K6R3"/>
        </identifiers>
        <balance>136411.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>740745.8200000000</valUSD>
        <pctVal>0.1568140197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morinaga Milk Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Morinaga Milk Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3926800008"/>
          <ticker value="2264"/>
          <other otherDesc="SEDOL" value="6602648"/>
        </identifiers>
        <balance>7600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>345774.7700000000</valUSD>
        <pctVal>0.0731996457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wacom Co Ltd</name>
        <lei>N/A</lei>
        <title>Wacom Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3993400005"/>
          <ticker value="6727"/>
          <other otherDesc="SEDOL" value="6603920"/>
        </identifiers>
        <balance>21300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>153842.7500000000</valUSD>
        <pctVal>0.0325681217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tourmaline Oil Corp</name>
        <lei>549300EWGW5PUCV5A109</lei>
        <title>Tourmaline Oil Corp</title>
        <cusip>89156V106</cusip>
        <identifiers>
          <isin value="CA89156V1067"/>
          <ticker value="TOU"/>
          <other otherDesc="SEDOL" value="B3QJ0H8"/>
        </identifiers>
        <balance>109456.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1991985.6700000000</valUSD>
        <pctVal>0.4216983366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transcontinental Inc</name>
        <lei>549300C86G4JLR01YF53</lei>
        <title>Transcontinental Inc</title>
        <cusip>893578104</cusip>
        <identifiers>
          <isin value="CA8935781044"/>
          <ticker value="TCL/A"/>
          <other otherDesc="SEDOL" value="2357953"/>
        </identifiers>
        <balance>9417.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>161833.8800000000</valUSD>
        <pctVal>0.0342598238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Watkin Jones PLC</name>
        <lei>2138009X19O21NU5SG79</lei>
        <title>Watkin Jones PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD6RF223"/>
          <ticker value="WJG"/>
          <other otherDesc="SEDOL" value="BD6RF22"/>
        </identifiers>
        <balance>40680.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>113742.7200000000</valUSD>
        <pctVal>0.0240790466</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>ForFarmers NV</name>
        <lei>724500YEIHQKMHTXW058</lei>
        <title>ForFarmers NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011832811"/>
          <ticker value="FFARM"/>
          <other otherDesc="SEDOL" value="BD6S9Q7"/>
        </identifiers>
        <balance>21323.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>140443.9500000000</valUSD>
        <pctVal>0.0297316296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resurs Holding AB</name>
        <lei>5493006KHWZ6OVF3IO54</lei>
        <title>Resurs Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007665823"/>
          <ticker value="RESURS"/>
          <other otherDesc="SEDOL" value="BD718Q8"/>
        </identifiers>
        <balance>148648.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>819190.7300000000</valUSD>
        <pctVal>0.1734206091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maha Energy AB</name>
        <lei>213800USNX47LQFQQN20</lei>
        <title>Maha Energy AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008374383"/>
          <ticker value="MAHAA"/>
          <other otherDesc="SEDOL" value="BD89M36"/>
        </identifiers>
        <balance>62497.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>102377.6300000000</valUSD>
        <pctVal>0.0216730858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turquoise Hill Resources Ltd</name>
        <lei>N/A</lei>
        <title>Turquoise Hill Resources Ltd</title>
        <cusip>900435207</cusip>
        <identifiers>
          <isin value="CA9004352071"/>
          <ticker value="TRQ"/>
          <other otherDesc="SEDOL" value="BMQBP72"/>
        </identifiers>
        <balance>41678.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>632080.3100000000</valUSD>
        <pctVal>0.1338098056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wajax Corp</name>
        <lei>N/A</lei>
        <title>Wajax Corp</title>
        <cusip>930783105</cusip>
        <identifiers>
          <isin value="CA9307831052"/>
          <ticker value="WJX"/>
          <other otherDesc="SEDOL" value="B66T819"/>
        </identifiers>
        <balance>11100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>179766.6200000000</valUSD>
        <pctVal>0.0380561395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Biffa PLC</name>
        <lei>2138008RB4WDK7HYYS91</lei>
        <title>Biffa PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD8DR117"/>
          <ticker value="BIFF"/>
          <other otherDesc="SEDOL" value="BD8DR11"/>
        </identifiers>
        <balance>128773.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>457449.5700000000</valUSD>
        <pctVal>0.0968409189</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>SIF Holding NV</name>
        <lei>N/A</lei>
        <title>SIF Holding NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011660485"/>
          <ticker value="SIFG"/>
          <other otherDesc="SEDOL" value="BD980H2"/>
        </identifiers>
        <balance>11213.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>213171.7900000000</valUSD>
        <pctVal>0.0451279297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Musashino Bank Ltd/The</name>
        <lei>353800L8RJMVN2OOS612</lei>
        <title>Musashino Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3912800004"/>
          <ticker value="8336"/>
          <other otherDesc="SEDOL" value="6611440"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>56638.1100000000</valUSD>
        <pctVal>0.0119901449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seiko Epson Corp</name>
        <lei>549300NIOFQDR749W206</lei>
        <title>Seiko Epson Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3414750004"/>
          <ticker value="6724"/>
          <other otherDesc="SEDOL" value="6616508"/>
        </identifiers>
        <balance>38900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>643364.5600000000</valUSD>
        <pctVal>0.1361986529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>West Fraser Timber Co Ltd</name>
        <lei>5493005WD1ZK6WBVR988</lei>
        <title>West Fraser Timber Co Ltd</title>
        <cusip>952845105</cusip>
        <identifiers>
          <isin value="CA9528451052"/>
          <ticker value="WFG"/>
          <other otherDesc="SEDOL" value="2951098"/>
        </identifiers>
        <balance>20149.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>1377465.8200000000</valUSD>
        <pctVal>0.2916060360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;S Austria Technologie &amp; Systemtechnik AG</name>
        <lei>529900EVOKN4LCCD9321</lei>
        <title>AT&amp;S Austria Technologie &amp; Systemtechnik AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000969985"/>
          <ticker value="ATS"/>
          <other otherDesc="SEDOL" value="B2RK5K1"/>
        </identifiers>
        <balance>34408.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1012681.1600000000</valUSD>
        <pctVal>0.2143820446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OVS SpA</name>
        <lei>8156001A772766DCAA71</lei>
        <title>OVS SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005043507"/>
          <ticker value="OVS"/>
          <other otherDesc="SEDOL" value="BW0D7R8"/>
        </identifiers>
        <balance>518187.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>701133.5300000000</valUSD>
        <pctVal>0.1484281979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Permanent TSB Group Holdings PLC</name>
        <lei>635400DTNHVYGZODKQ93</lei>
        <title>Permanent TSB Group Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BWB8X525"/>
          <ticker value="IL0A"/>
          <other otherDesc="SEDOL" value="BWB8X52"/>
        </identifiers>
        <balance>44096.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>58542.9800000000</valUSD>
        <pctVal>0.0123934010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nojima Corp</name>
        <lei>N/A</lei>
        <title>Nojima Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3761600000"/>
          <ticker value="7419"/>
          <other otherDesc="SEDOL" value="6616876"/>
        </identifiers>
        <balance>7900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>207788.2000000000</valUSD>
        <pctVal>0.0439882373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NGK Spark Plug Co Ltd</name>
        <lei>549300RG3XQGTFM4HH31</lei>
        <title>NGK Spark Plug Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3738600000"/>
          <ticker value="5334"/>
          <other otherDesc="SEDOL" value="6619604"/>
        </identifiers>
        <balance>75100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1284374.3100000000</valUSD>
        <pctVal>0.2718987984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOKAI Holdings Corp</name>
        <lei>N/A</lei>
        <title>TOKAI Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3552260006"/>
          <ticker value="3167"/>
          <other otherDesc="SEDOL" value="B3SF9N3"/>
        </identifiers>
        <balance>31000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>268246.6600000000</valUSD>
        <pctVal>0.0567871406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accell Group NV</name>
        <lei>724500PZHSQTJODTGY09</lei>
        <title>Accell Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009767532"/>
          <ticker value="ACCEL"/>
          <other otherDesc="SEDOL" value="B051DV9"/>
        </identifiers>
        <balance>10230.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>376730.7900000000</valUSD>
        <pctVal>0.0797529570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nachi-Fujikoshi Corp</name>
        <lei>N/A</lei>
        <title>Nachi-Fujikoshi Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3813200007"/>
          <ticker value="6474"/>
          <other otherDesc="SEDOL" value="6619905"/>
        </identifiers>
        <balance>4500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>191732.2600000000</valUSD>
        <pctVal>0.0405892353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Naphtha Israel Petroleum Corp Ltd</name>
        <lei>N/A</lei>
        <title>Naphtha Israel Petroleum Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006430156"/>
          <ticker value="NFTA"/>
          <other otherDesc="SEDOL" value="6621966"/>
        </identifiers>
        <balance>10798.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>48080.2400000000</valUSD>
        <pctVal>0.0101784654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neinor Homes SA</name>
        <lei>959800FW4JL65YWSQ217</lei>
        <title>Neinor Homes SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105251005"/>
          <ticker value="HOME"/>
          <other otherDesc="SEDOL" value="BD9BPN2"/>
        </identifiers>
        <balance>5865.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>74407.3700000000</valUSD>
        <pctVal>0.0157518524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASR Nederland NV</name>
        <lei>7245000G0HS48PZWUD53</lei>
        <title>ASR Nederland NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011872643"/>
          <ticker value="ASRNL"/>
          <other otherDesc="SEDOL" value="BD9PNF2"/>
        </identifiers>
        <balance>83858.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>3499817.4100000000</valUSD>
        <pctVal>0.7409025087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technogym SpA</name>
        <lei>815600B9149F66E77F76</lei>
        <title>Technogym SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005162406"/>
          <ticker value="TGYM"/>
          <other otherDesc="SEDOL" value="BD9Y5C0"/>
        </identifiers>
        <balance>84544.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>919394.3800000000</valUSD>
        <pctVal>0.1946334688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Basic-Fit NV</name>
        <lei>724500HUXGTQC07CAZ61</lei>
        <title>Basic-Fit NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011872650"/>
          <ticker value="BFIT"/>
          <other otherDesc="SEDOL" value="BD9Y9B7"/>
        </identifiers>
        <balance>12957.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>549496.9200000000</valUSD>
        <pctVal>0.1163271105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Modec Inc</name>
        <lei>N/A</lei>
        <title>Modec Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3888250002"/>
          <ticker value="6269"/>
          <other otherDesc="SEDOL" value="6622806"/>
        </identifiers>
        <balance>12500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>205262.7200000000</valUSD>
        <pctVal>0.0434535995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Zealand Refining Co Ltd/The</name>
        <lei>N/A</lei>
        <title>New Zealand Refining Co Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZNZRE0001S9"/>
          <ticker value="NZR"/>
          <other otherDesc="SEDOL" value="6634522"/>
        </identifiers>
        <balance>201543.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.3839870000"/>
        <valUSD>67245.9500000000</valUSD>
        <pctVal>0.0142357978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>K+S AG</name>
        <lei>529900YURAYD4IJX2J91</lei>
        <title>K+S AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000KSAG888"/>
          <ticker value="SDF"/>
          <other otherDesc="SEDOL" value="B54C017"/>
        </identifiers>
        <balance>131169.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1463093.2800000000</valUSD>
        <pctVal>0.3097331531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUGO BOSS AG</name>
        <lei>529900LFVU534EBRXD13</lei>
        <title>HUGO BOSS AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1PHFF7"/>
          <ticker value="BOSS"/>
          <other otherDesc="SEDOL" value="B88MHC4"/>
        </identifiers>
        <balance>44638.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1681294.9500000000</valUSD>
        <pctVal>0.3559258957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOST Werke AG</name>
        <lei>529900G977BSS7DATK68</lei>
        <title>JOST Werke AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000JST4000"/>
          <ticker value="JST"/>
          <other otherDesc="SEDOL" value="BDC3R17"/>
        </identifiers>
        <balance>10903.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>630438.8600000000</valUSD>
        <pctVal>0.1334623148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koa Shoji Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Koa Shoji Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3283420002"/>
          <ticker value="9273"/>
          <other otherDesc="SEDOL" value="BDCL238"/>
        </identifiers>
        <balance>2900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>32985.9200000000</valUSD>
        <pctVal>0.0069830360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Kodoshi Corp</name>
        <lei>N/A</lei>
        <title>Nippon Kodoshi Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3707000000"/>
          <ticker value="3891"/>
          <other otherDesc="SEDOL" value="6636733"/>
        </identifiers>
        <balance>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>23772.2700000000</valUSD>
        <pctVal>0.0050325295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nishio Rent All Co Ltd</name>
        <lei>N/A</lei>
        <title>Nishio Rent All Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3657500009"/>
          <ticker value="9699"/>
          <other otherDesc="SEDOL" value="6638320"/>
        </identifiers>
        <balance>13600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>338873.8400000000</valUSD>
        <pctVal>0.0717387363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Quilter PLC</name>
        <lei>54930092XIVK28RZGM95</lei>
        <title>Quilter PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BDCXV269"/>
          <ticker value="QLT"/>
          <other otherDesc="SEDOL" value="BDCXV26"/>
        </identifiers>
        <balance>639308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1300014.6800000000</valUSD>
        <pctVal>0.2752098252</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>Jadestone Energy Inc</name>
        <lei>254900E4GCXW63X26Q32</lei>
        <title>Jadestone Energy Inc</title>
        <cusip>46989Q100</cusip>
        <identifiers>
          <isin value="CA46989Q1000"/>
          <ticker value="JSE"/>
          <other otherDesc="SEDOL" value="BDDVW60"/>
        </identifiers>
        <balance>182328.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>188325.4000000000</valUSD>
        <pctVal>0.0398680117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eclipx Group Ltd</name>
        <lei>N/A</lei>
        <title>Eclipx Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ECX3"/>
          <ticker value="ECX"/>
          <other otherDesc="SEDOL" value="BWSWBT7"/>
        </identifiers>
        <balance>221165.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>332843.4300000000</valUSD>
        <pctVal>0.0704621137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Soundwill Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Soundwill Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8277H1530"/>
          <ticker value="878"/>
          <other otherDesc="SEDOL" value="BWX5511"/>
        </identifiers>
        <balance>2500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>2973.9500000000</valUSD>
        <pctVal>0.0006295777</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>Nichiha Corp</name>
        <lei>N/A</lei>
        <title>Nichiha Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3662200009"/>
          <ticker value="7943"/>
          <other otherDesc="SEDOL" value="6638331"/>
        </identifiers>
        <balance>16400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>464088.7600000000</valUSD>
        <pctVal>0.0982464187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nichireki Co Ltd</name>
        <lei>N/A</lei>
        <title>Nichireki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3665600007"/>
          <ticker value="5011"/>
          <other otherDesc="SEDOL" value="6638687"/>
        </identifiers>
        <balance>12500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>178133.1200000000</valUSD>
        <pctVal>0.0377103317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon Tokushu Toryo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Tokushu Toryo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3739000002"/>
          <ticker value="4619"/>
          <other otherDesc="SEDOL" value="6640262"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>12452.8900000000</valUSD>
        <pctVal>0.0026362454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Chemical Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Chemical Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3691600005"/>
          <ticker value="4092"/>
          <other otherDesc="SEDOL" value="6640314"/>
        </identifiers>
        <balance>300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>8897.1500000000</valUSD>
        <pctVal>0.0018835042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Australian Finance Group Ltd</name>
        <lei>N/A</lei>
        <title>Australian Finance Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AFG9"/>
          <ticker value="AFG"/>
          <other otherDesc="SEDOL" value="BY4K6K5"/>
        </identifiers>
        <balance>83157.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>179848.9000000000</valUSD>
        <pctVal>0.0380735580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Direct Line Insurance Group PLC</name>
        <lei>213800FF2R23ALJQOP04</lei>
        <title>Direct Line Insurance Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BY9D0Y18"/>
          <ticker value="DLG"/>
          <other otherDesc="SEDOL" value="BY9D0Y1"/>
        </identifiers>
        <balance>256847.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1146813.6300000000</valUSD>
        <pctVal>0.2427775498</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>Nippon Denko Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Denko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3734600004"/>
          <ticker value="5563"/>
          <other otherDesc="SEDOL" value="6640369"/>
        </identifiers>
        <balance>83400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>219803.1900000000</valUSD>
        <pctVal>0.0465317803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Kayaku Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Kayaku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3694400007"/>
          <ticker value="4272"/>
          <other otherDesc="SEDOL" value="6640422"/>
        </identifiers>
        <balance>20000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>195041.2700000000</valUSD>
        <pctVal>0.0412897444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Mail PLC</name>
        <lei>213800TCZZU84G8Z2M70</lei>
        <title>Royal Mail PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BDVZYZ77"/>
          <ticker value="RMG"/>
          <other otherDesc="SEDOL" value="BDVZYZ7"/>
        </identifiers>
        <balance>535520.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>3376618.1500000000</valUSD>
        <pctVal>0.7148215364</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>Saipem SpA</name>
        <lei>549300PHV8MBDHWB8X12</lei>
        <title>Saipem SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005252140"/>
          <ticker value="SPM"/>
          <other otherDesc="SEDOL" value="BDZZRW1"/>
        </identifiers>
        <balance>811107.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>2264658.9600000000</valUSD>
        <pctVal>0.4794225836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viva Energy Group Ltd</name>
        <lei>N/A</lei>
        <title>Viva Energy Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000016875"/>
          <ticker value="VEA"/>
          <other otherDesc="SEDOL" value="BYQM3N1"/>
        </identifiers>
        <balance>145595.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>186920.9100000000</valUSD>
        <pctVal>0.0395706847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SolTech Energy Sweden AB</name>
        <lei>549300RFE1X384DWQW10</lei>
        <title>SolTech Energy Sweden AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005392537"/>
          <ticker value="SOLT"/>
          <other otherDesc="SEDOL" value="BYRYDN6"/>
        </identifiers>
        <balance>67369.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>270451.9000000000</valUSD>
        <pctVal>0.0572539843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALD SA</name>
        <lei>969500E7V019H9NP7427</lei>
        <title>ALD SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013258662"/>
          <ticker value="ALD"/>
          <other otherDesc="SEDOL" value="BF03BV1"/>
        </identifiers>
        <balance>67558.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>985649.0200000000</valUSD>
        <pctVal>0.2086594088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crystal International Group Ltd</name>
        <lei>N/A</lei>
        <title>Crystal International Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2701R1011"/>
          <ticker value="2232"/>
          <other otherDesc="SEDOL" value="BF09MJ4"/>
        </identifiers>
        <balance>34500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>12259.4300000000</valUSD>
        <pctVal>0.0025952904</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>Nippo Corp</name>
        <lei>N/A</lei>
        <title>Nippo Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3750200002"/>
          <ticker value="1881"/>
          <other otherDesc="SEDOL" value="6640789"/>
        </identifiers>
        <balance>32400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>848576.4300000000</valUSD>
        <pctVal>0.1796414876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Suisan Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Suisan Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3718800000"/>
          <ticker value="1332"/>
          <other otherDesc="SEDOL" value="6640927"/>
        </identifiers>
        <balance>123600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>591174.5400000000</valUSD>
        <pctVal>0.1251501574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takaoka Toko Co Ltd</name>
        <lei>N/A</lei>
        <title>Takaoka Toko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3591600006"/>
          <ticker value="6617"/>
          <other otherDesc="SEDOL" value="B8P15C0"/>
        </identifiers>
        <balance>7500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>102841.1800000000</valUSD>
        <pctVal>0.0217712181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Leonteq AG</name>
        <lei>N/A</lei>
        <title>Leonteq AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0190891181"/>
          <ticker value="LEON"/>
          <other otherDesc="SEDOL" value="B7Y4738"/>
        </identifiers>
        <balance>15781.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>741518.5800000000</valUSD>
        <pctVal>0.1569776111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Carbon Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Carbon Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3690400001"/>
          <ticker value="5302"/>
          <other otherDesc="SEDOL" value="6641168"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>7269.6200000000</valUSD>
        <pctVal>0.0015389602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Yakin Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Yakin Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3752600001"/>
          <ticker value="5480"/>
          <other otherDesc="SEDOL" value="6641566"/>
        </identifiers>
        <balance>2110.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>40743.3600000000</valUSD>
        <pctVal>0.0086252664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dfds A/S</name>
        <lei>549300JZVW1Y1UZ5UK38</lei>
        <title>Dfds A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060655629"/>
          <ticker value="DFDS"/>
          <other otherDesc="SEDOL" value="BYSS4Q7"/>
        </identifiers>
        <balance>27401.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>1321240.2400000000</valUSD>
        <pctVal>0.2797032227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TBC Bank Group PLC</name>
        <lei>213800T6NS9N2WQ3B328</lei>
        <title>TBC Bank Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYT18307"/>
          <ticker value="TBCG"/>
          <other otherDesc="SEDOL" value="BYT1830"/>
        </identifiers>
        <balance>5447.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>82355.3400000000</valUSD>
        <pctVal>0.0174344175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ContourGlobal PLC</name>
        <lei>5493002I3A4J5TFOR115</lei>
        <title>ContourGlobal PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF448H58"/>
          <ticker value="GLO"/>
          <other otherDesc="SEDOL" value="BF448H5"/>
        </identifiers>
        <balance>1037.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>2970.2700000000</valUSD>
        <pctVal>0.0006287987</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>Bank of Georgia Group PLC</name>
        <lei>213800XKDG12NQG8VC53</lei>
        <title>Bank of Georgia Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF4HYT85"/>
          <ticker value="BGEO"/>
          <other otherDesc="SEDOL" value="BF4HYT8"/>
        </identifiers>
        <balance>17084.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>237503.8000000000</valUSD>
        <pctVal>0.0502789548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoosiers Holdings</name>
        <lei>N/A</lei>
        <title>Hoosiers Holdings</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802060008"/>
          <ticker value="3284"/>
          <other otherDesc="SEDOL" value="B7M1678"/>
        </identifiers>
        <balance>15500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>97970.2200000000</valUSD>
        <pctVal>0.0207400482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyu Fudosan Holdings Corp</name>
        <lei>N/A</lei>
        <title>Tokyu Fudosan Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3569200003"/>
          <ticker value="3289"/>
          <other otherDesc="SEDOL" value="BDC6LT2"/>
        </identifiers>
        <balance>62900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>397906.4000000000</valUSD>
        <pctVal>0.0842357802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRC Asia Ltd</name>
        <lei>N/A</lei>
        <title>BRC Asia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1BG3000008"/>
          <ticker value="BRC"/>
          <other otherDesc="SEDOL" value="BYV7LB5"/>
        </identifiers>
        <balance>79400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>93996.5800000000</valUSD>
        <pctVal>0.0198988386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulf Keystone Petroleum Ltd</name>
        <lei>213800QTAQOSSTNTPO15</lei>
        <title>Gulf Keystone Petroleum Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4209G2077"/>
          <ticker value="GKP"/>
          <other otherDesc="SEDOL" value="BYVGFL0"/>
        </identifiers>
        <balance>123566.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>292491.0000000000</valUSD>
        <pctVal>0.0619196062</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>Tarkett SA</name>
        <lei>9695002EVBYM5B2OIP31</lei>
        <title>Tarkett SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004188670"/>
          <ticker value="TKTT"/>
          <other otherDesc="SEDOL" value="BGH15L3"/>
        </identifiers>
        <balance>12832.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>195024.9100000000</valUSD>
        <pctVal>0.0412862810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BW LPG Ltd</name>
        <lei>5493006WBEME88YFDW23</lei>
        <title>BW LPG Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG173841013"/>
          <ticker value="BWLPG"/>
          <other otherDesc="SEDOL" value="BGLPC98"/>
        </identifiers>
        <balance>128378.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>767648.7700000000</valUSD>
        <pctVal>0.1625093063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferronordic AB</name>
        <lei>549300ZWVSKHHDQPES93</lei>
        <title>Ferronordic AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005468717"/>
          <ticker value="FNM"/>
          <other otherDesc="SEDOL" value="BFC9VL7"/>
        </identifiers>
        <balance>2257.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>50304.0900000000</valUSD>
        <pctVal>0.0106492488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nyfosa AB</name>
        <lei>5493000YR2B83SILCJ50</lei>
        <title>Nyfosa AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011426428"/>
          <ticker value="NYF"/>
          <other otherDesc="SEDOL" value="BFD2NK8"/>
        </identifiers>
        <balance>3384.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>32577.5100000000</valUSD>
        <pctVal>0.0068965766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westgold Resources Ltd</name>
        <lei>2549003AMX9BL7CKBQ74</lei>
        <title>Westgold Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WGX6"/>
          <ticker value="WGX"/>
          <other otherDesc="SEDOL" value="BYVQ673"/>
        </identifiers>
        <balance>229336.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>355563.5300000000</valUSD>
        <pctVal>0.0752719015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IWG PLC</name>
        <lei>2138003LWDII27UTAG52</lei>
        <title>IWG PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BYVQYS01"/>
          <ticker value="IWG"/>
          <other otherDesc="SEDOL" value="BYVQYS0"/>
        </identifiers>
        <balance>288129.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1440738.1300000000</valUSD>
        <pctVal>0.3050006243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OFX Group Ltd</name>
        <lei>N/A</lei>
        <title>OFX Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000OFX5"/>
          <ticker value="OFX"/>
          <other otherDesc="SEDOL" value="BFG1Q58"/>
        </identifiers>
        <balance>72467.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>68602.1300000000</valUSD>
        <pctVal>0.0145228977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Altia Oyj</name>
        <lei>52990007AXNSS4PNX352</lei>
        <title>Altia Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000292438"/>
          <ticker value="ALTIA"/>
          <other otherDesc="SEDOL" value="BFMHDN7"/>
        </identifiers>
        <balance>6352.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>84426.4700000000</valUSD>
        <pctVal>0.0178728705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gaztransport Et Technigaz SA</name>
        <lei>969500BVOHVZUUFWDT54</lei>
        <title>Gaztransport Et Technigaz SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0011726835"/>
          <ticker value="GTT"/>
          <other otherDesc="SEDOL" value="BJYRDP5"/>
        </identifiers>
        <balance>12951.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1087303.5300000000</valUSD>
        <pctVal>0.2301794119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maruha Nichiro Corp</name>
        <lei>N/A</lei>
        <title>Maruha Nichiro Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3876600002"/>
          <ticker value="1333"/>
          <other otherDesc="SEDOL" value="BKGHM19"/>
        </identifiers>
        <balance>22800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>528813.9000000000</valUSD>
        <pctVal>0.1119485674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Diversified Gas &amp; Oil PLC</name>
        <lei>213800YR9TFRVHPGOS67</lei>
        <title>Diversified Gas &amp; Oil PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYX7JT74"/>
          <ticker value="DGOC"/>
          <other otherDesc="SEDOL" value="BYX7JT7"/>
        </identifiers>
        <balance>277482.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>483147.9500000000</valUSD>
        <pctVal>0.1022812011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Construcciones y Auxiliar de Ferrocarriles SA</name>
        <lei>95980020140005275134</lei>
        <title>Construcciones y Auxiliar de Ferrocarriles SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0121975009"/>
          <ticker value="CAF"/>
          <other otherDesc="SEDOL" value="BYX98X0"/>
        </identifiers>
        <balance>18734.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>829383.2400000000</valUSD>
        <pctVal>0.1755783377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Komplett Bank ASA</name>
        <lei>5967007LIEEXZXF0PK63</lei>
        <title>Komplett Bank ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010694029"/>
          <ticker value="KOMP"/>
          <other otherDesc="SEDOL" value="BW4NT56"/>
        </identifiers>
        <balance>54615.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>53576.8700000000</valUSD>
        <pctVal>0.0113420881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bossard Holding AG</name>
        <lei>N/A</lei>
        <title>Bossard Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0238627142"/>
          <ticker value="BOSN"/>
          <other otherDesc="SEDOL" value="BLNN0G8"/>
        </identifiers>
        <balance>6713.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>1419586.3900000000</valUSD>
        <pctVal>0.3005228543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IGG Inc</name>
        <lei>N/A</lei>
        <title>IGG Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6771K1022"/>
          <ticker value="799"/>
          <other otherDesc="SEDOL" value="BFRB2W6"/>
        </identifiers>
        <balance>728000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>1085041.3200000000</valUSD>
        <pctVal>0.2297005077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Solarpack Corp Tecnologica SA</name>
        <lei>959800NAFTNQ5VSH4K06</lei>
        <title>Solarpack Corp Tecnologica SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105385001"/>
          <ticker value="SPK"/>
          <other otherDesc="SEDOL" value="BFZYXH9"/>
        </identifiers>
        <balance>12905.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>296567.0900000000</valUSD>
        <pctVal>0.0627825041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akatsuki Inc</name>
        <lei>N/A</lei>
        <title>Akatsuki Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3107000006"/>
          <ticker value="3932"/>
          <other otherDesc="SEDOL" value="BYXBLB5"/>
        </identifiers>
        <balance>3000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>116787.5300000000</valUSD>
        <pctVal>0.0247236252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maisons du Monde SA</name>
        <lei>9695009DV2698O4ZBU71</lei>
        <title>Maisons du Monde SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013153541"/>
          <ticker value="MDM"/>
          <other otherDesc="SEDOL" value="BYY8LS2"/>
        </identifiers>
        <balance>38428.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>693421.3300000000</valUSD>
        <pctVal>0.1467955447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Furyu Corp</name>
        <lei>N/A</lei>
        <title>Furyu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826770004"/>
          <ticker value="6238"/>
          <other otherDesc="SEDOL" value="BYYHNF0"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>6213.8700000000</valUSD>
        <pctVal>0.0013154606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Karo Pharma AB</name>
        <lei>213800G54Z51LOPGTA79</lei>
        <title>Karo Pharma AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007464888"/>
          <ticker value="KARO"/>
          <other otherDesc="SEDOL" value="BYYK0P8"/>
        </identifiers>
        <balance>38055.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>226554.6200000000</valUSD>
        <pctVal>0.0479610410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adairs Ltd</name>
        <lei>529900HLMXKO4QLZNW81</lei>
        <title>Adairs Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ADH2"/>
          <ticker value="ADH"/>
          <other otherDesc="SEDOL" value="BYYT7Q5"/>
        </identifiers>
        <balance>31686.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>92753.0100000000</valUSD>
        <pctVal>0.0196355780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Forterra PLC</name>
        <lei>N/A</lei>
        <title>Forterra PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYYW3C20"/>
          <ticker value="FORT"/>
          <other otherDesc="SEDOL" value="BYYW3C2"/>
        </identifiers>
        <balance>2765.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>9926.5600000000</valUSD>
        <pctVal>0.0021014277</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>Nipro Corp</name>
        <lei>353800AKDDNW0E810O26</lei>
        <title>Nipro Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3673600007"/>
          <ticker value="8086"/>
          <other otherDesc="SEDOL" value="6641599"/>
        </identifiers>
        <balance>64900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>804767.7800000000</valUSD>
        <pctVal>0.1703673070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissin Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Nissin Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3677600003"/>
          <ticker value="6641"/>
          <other otherDesc="SEDOL" value="6641663"/>
        </identifiers>
        <balance>29400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>341964.0900000000</valUSD>
        <pctVal>0.0723929344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissha Co Ltd</name>
        <lei>353800DMEBG4RFUJ0P59</lei>
        <title>Nissha Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3713200008"/>
          <ticker value="7915"/>
          <other otherDesc="SEDOL" value="6641986"/>
        </identifiers>
        <balance>24700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>309784.1000000000</valUSD>
        <pctVal>0.0655805118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nikkon Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Nikkon Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3709600005"/>
          <ticker value="9072"/>
          <other otherDesc="SEDOL" value="6642202"/>
        </identifiers>
        <balance>29900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>576875.6500000000</valUSD>
        <pctVal>0.1221231185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fattal Holdings 1998 Ltd</name>
        <lei>N/A</lei>
        <title>Fattal Holdings 1998 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011434292"/>
          <ticker value="FTAL"/>
          <other otherDesc="SEDOL" value="BG1YKN5"/>
        </identifiers>
        <balance>6958.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>710006.7600000000</valUSD>
        <pctVal>0.1503066383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nine Entertainment Co Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Nine Entertainment Co Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NEC4"/>
          <ticker value="NEC"/>
          <other otherDesc="SEDOL" value="BGQV183"/>
        </identifiers>
        <balance>415147.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>919110.9200000000</valUSD>
        <pctVal>0.1945734610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTT-Correios de Portugal SA</name>
        <lei>529900G4A1IKOKC22K56</lei>
        <title>CTT-Correios de Portugal SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTCTT0AM0001"/>
          <ticker value="CTT"/>
          <other otherDesc="SEDOL" value="BGQYC45"/>
        </identifiers>
        <balance>24583.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>74045.8400000000</valUSD>
        <pctVal>0.0156753174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mebuki Financial Group Inc</name>
        <lei>353800K1RXV3E3JAE812</lei>
        <title>Mebuki Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3117700009"/>
          <ticker value="7167"/>
          <other otherDesc="SEDOL" value="BH0VTS2"/>
        </identifiers>
        <balance>363100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>796510.8700000000</valUSD>
        <pctVal>0.1686193400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genworth Mortgage Insurance Australia Ltd</name>
        <lei>N/A</lei>
        <title>Genworth Mortgage Insurance Australia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GMA5"/>
          <ticker value="GMA"/>
          <other otherDesc="SEDOL" value="BMNQCT1"/>
        </identifiers>
        <balance>122512.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>243895.1500000000</valUSD>
        <pctVal>0.0516319874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tremor International Ltd</name>
        <lei>213800ZNSR7AIJZ2J557</lei>
        <title>Tremor International Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011320343"/>
          <ticker value="TRMR"/>
          <other otherDesc="SEDOL" value="BM7RZM4"/>
        </identifiers>
        <balance>14701.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>117276.3200000000</valUSD>
        <pctVal>0.0248271008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aurelia Metals Ltd</name>
        <lei>5493005OS7G5RY15ND07</lei>
        <title>Aurelia Metals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AMI1"/>
          <ticker value="AMI"/>
          <other otherDesc="SEDOL" value="BN790Y4"/>
        </identifiers>
        <balance>546193.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>163652.3900000000</valUSD>
        <pctVal>0.0346447977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Conzzeta AG</name>
        <lei>529900OG85OX10GRW920</lei>
        <title>Conzzeta AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0244017502"/>
          <ticker value="CON"/>
          <other otherDesc="SEDOL" value="BP4W2Q6"/>
        </identifiers>
        <balance>1975.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>2739703.0200000000</valUSD>
        <pctVal>0.5799882116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Koei Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Koei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3703200000"/>
          <ticker value="1954"/>
          <other otherDesc="SEDOL" value="6642343"/>
        </identifiers>
        <balance>2900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>77371.7700000000</valUSD>
        <pctVal>0.0163794083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOK Corp</name>
        <lei>N/A</lei>
        <title>NOK Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164800009"/>
          <ticker value="7240"/>
          <other otherDesc="SEDOL" value="6642428"/>
        </identifiers>
        <balance>39400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>543429.5200000000</valUSD>
        <pctVal>0.1150426572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orora Ltd</name>
        <lei>549300WFEQJK35VDF789</lei>
        <title>Orora Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ORA8"/>
          <ticker value="ORA"/>
          <other otherDesc="SEDOL" value="BH4TCW7"/>
        </identifiers>
        <balance>141426.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>318247.7300000000</valUSD>
        <pctVal>0.0673722409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nordic Entertainment Group AB</name>
        <lei>5493006E0IJD0DHJSR89</lei>
        <title>Nordic Entertainment Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012116390"/>
          <ticker value="NENTB"/>
          <other otherDesc="SEDOL" value="BHWV258"/>
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        <balance>22660.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1029919.1200000000</valUSD>
        <pctVal>0.2180312772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aker Solutions ASA</name>
        <lei>5967007LIEEXZXG42836</lei>
        <title>Aker Solutions ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010716582"/>
          <ticker value="AKSO"/>
          <other otherDesc="SEDOL" value="BQN1C50"/>
        </identifiers>
        <balance>260731.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>395814.4100000000</valUSD>
        <pctVal>0.0837929112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Feed One Co Ltd</name>
        <lei>N/A</lei>
        <title>Feed One Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802960009"/>
          <ticker value="2060"/>
          <other otherDesc="SEDOL" value="BQQ1JQ7"/>
        </identifiers>
        <balance>4700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>38975.2200000000</valUSD>
        <pctVal>0.0082509557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Seiki Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Seiki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3720600000"/>
          <ticker value="7287"/>
          <other otherDesc="SEDOL" value="6642536"/>
        </identifiers>
        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>24545.2900000000</valUSD>
        <pctVal>0.0051961759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Electric Glass Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Electric Glass Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3733400000"/>
          <ticker value="5214"/>
          <other otherDesc="SEDOL" value="6642666"/>
        </identifiers>
        <balance>20700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>472090.4600000000</valUSD>
        <pctVal>0.0999403584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RAI Way SpA</name>
        <lei>815600303CCB3CFD2264</lei>
        <title>RAI Way SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005054967"/>
          <ticker value="RWAY"/>
          <other otherDesc="SEDOL" value="BSM8WL2"/>
        </identifiers>
        <balance>88812.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>487775.6500000000</valUSD>
        <pctVal>0.1032608735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hour Glass Ltd/The</name>
        <lei>N/A</lei>
        <title>Hour Glass Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AE9000009"/>
          <ticker value="HG"/>
          <other otherDesc="SEDOL" value="BSNM5D6"/>
        </identifiers>
        <balance>163200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>107736.7300000000</valUSD>
        <pctVal>0.0228075937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RHI Magnesita NV</name>
        <lei>N/A</lei>
        <title>Rhi Magnesita NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012650360"/>
          <ticker value="RHIM"/>
          <other otherDesc="SEDOL" value="BYZ2JR8"/>
        </identifiers>
        <balance>17295.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>945858.4500000000</valUSD>
        <pctVal>0.2002358456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Catena Media PLC</name>
        <lei>549300609A73DL5C5Z86</lei>
        <title>Catena Media PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MT0001000109"/>
          <ticker value="CTM"/>
          <other otherDesc="SEDOL" value="BYZYH36"/>
        </identifiers>
        <balance>83048.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>386555.6800000000</valUSD>
        <pctVal>0.0818328614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nittoc Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Nittoc Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3684800000"/>
          <ticker value="1929"/>
          <other otherDesc="SEDOL" value="6643175"/>
        </identifiers>
        <balance>3300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>24775.1600000000</valUSD>
        <pctVal>0.0052448388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitto Kogyo Corp</name>
        <lei>N/A</lei>
        <title>Nitto Kogyo Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3682400001"/>
          <ticker value="6651"/>
          <other otherDesc="SEDOL" value="6643283"/>
        </identifiers>
        <balance>14500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>270749.3700000000</valUSD>
        <pctVal>0.0573169580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Super Markets Holdings Inc</name>
        <lei>N/A</lei>
        <title>United Super Markets Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3949450005"/>
          <ticker value="3222"/>
          <other otherDesc="SEDOL" value="BVZ6XS8"/>
        </identifiers>
        <balance>29000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>290320.5300000000</valUSD>
        <pctVal>0.0614601231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Macnica Fuji Electronics Holdings Inc</name>
        <lei>N/A</lei>
        <title>Macnica Fuji Electronics Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3862960006"/>
          <ticker value="3132"/>
          <other otherDesc="SEDOL" value="BVVQ8X2"/>
        </identifiers>
        <balance>30900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>586351.4800000000</valUSD>
        <pctVal>0.1241291278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HI-LEX CORP</name>
        <lei>N/A</lei>
        <title>HI-LEX CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3699600007"/>
          <ticker value="7279"/>
          <other otherDesc="SEDOL" value="6643476"/>
        </identifiers>
        <balance>4000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>65465.8000000000</valUSD>
        <pctVal>0.0138589446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Noritz Corp</name>
        <lei>N/A</lei>
        <title>Noritz Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3759400009"/>
          <ticker value="5943"/>
          <other otherDesc="SEDOL" value="6643896"/>
        </identifiers>
        <balance>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>25651.2300000000</valUSD>
        <pctVal>0.0054303006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Yusen KK</name>
        <lei>N/A</lei>
        <title>Nippon Yusen KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3753000003"/>
          <ticker value="9101"/>
          <other otherDesc="SEDOL" value="6643960"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>2924975.8500000000</valUSD>
        <pctVal>0.6192100019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissei ASB Machine Co Ltd</name>
        <lei>N/A</lei>
        <title>Nissei ASB Machine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3678200001"/>
          <ticker value="6284"/>
          <other otherDesc="SEDOL" value="6644974"/>
        </identifiers>
        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>76282.6100000000</valUSD>
        <pctVal>0.0161488359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zehnder Group AG</name>
        <lei>N/A</lei>
        <title>Zehnder Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0276534614"/>
          <ticker value="ZEHN"/>
          <other otherDesc="SEDOL" value="BWX5Y69"/>
        </identifiers>
        <balance>17386.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9096500000"/>
        <valUSD>1320904.7000000000</valUSD>
        <pctVal>0.2796321897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nobina AB</name>
        <lei>549300MBXCR8ZQJIFP95</lei>
        <title>Nobina AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007185418"/>
          <ticker value="NOBINA"/>
          <other otherDesc="SEDOL" value="BYYTL07"/>
        </identifiers>
        <balance>88132.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>679833.0300000000</valUSD>
        <pctVal>0.1439189359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunningdale Tech Ltd</name>
        <lei>N/A</lei>
        <title>Sunningdale Tech Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1BJ1000004"/>
          <ticker value="SUNN"/>
          <other otherDesc="SEDOL" value="BZ02PR2"/>
        </identifiers>
        <balance>155000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>190368.3400000000</valUSD>
        <pctVal>0.0403004969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pandox AB</name>
        <lei>549300K4HA8EBLSL3B97</lei>
        <title>Pandox AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007100359"/>
          <ticker value="PNDXB"/>
          <other otherDesc="SEDOL" value="BZ0CT92"/>
        </identifiers>
        <balance>77464.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1372567.0600000000</valUSD>
        <pctVal>0.2905689809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Isracard Ltd</name>
        <lei>N/A</lei>
        <title>Isracard Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011574030"/>
          <ticker value="ISCD"/>
          <other otherDesc="SEDOL" value="BJ0CJC3"/>
        </identifiers>
        <balance>210827.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>717545.6700000000</valUSD>
        <pctVal>0.1519026065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uniphar PLC</name>
        <lei>21380028LJSQGRUAX965</lei>
        <title>Uniphar PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BJ5FQX74"/>
          <ticker value="UPR"/>
          <other otherDesc="SEDOL" value="BJ5FQX7"/>
        </identifiers>
        <balance>101528.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>301408.7100000000</valUSD>
        <pctVal>0.0638074629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cosmo Energy Holdings Co Ltd</name>
        <lei>353800Y4GZ7KR5X7L150</lei>
        <title>Cosmo Energy Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3298000005"/>
          <ticker value="5021"/>
          <other otherDesc="SEDOL" value="BYSJJ43"/>
        </identifiers>
        <balance>36900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>903003.6600000000</valUSD>
        <pctVal>0.1911635947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyushu Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Kyushu Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3246500007"/>
          <ticker value="7180"/>
          <other otherDesc="SEDOL" value="BYZ5XN1"/>
        </identifiers>
        <balance>75100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>307323.6500000000</valUSD>
        <pctVal>0.0650596407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLEX LNG Ltd</name>
        <lei>21380084THHU3MPC3647</lei>
        <title>FLEX LNG Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG359472021"/>
          <ticker value="FLNG"/>
          <other otherDesc="SEDOL" value="BJJMGB2"/>
        </identifiers>
        <balance>10000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>85924.6500000000</valUSD>
        <pctVal>0.0181900314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deterra Royalties Ltd</name>
        <lei>N/A</lei>
        <title>Deterra Royalties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000107484"/>
          <ticker value="DRR"/>
          <other otherDesc="SEDOL" value="BJP5T05"/>
        </identifiers>
        <balance>219107.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>765666.7100000000</valUSD>
        <pctVal>0.1620897092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hornbach Holding AG &amp; Co KGaA</name>
        <lei>529900EGQZ79V21LBL44</lei>
        <title>Hornbach Holding AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006083405"/>
          <ticker value="HBH"/>
          <other otherDesc="SEDOL" value="BZBWTJ1"/>
        </identifiers>
        <balance>6265.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>589554.5700000000</valUSD>
        <pctVal>0.1248072138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberbank SA</name>
        <lei>635400XT3V7WHLSFYY25</lei>
        <title>Liberbank SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0168675090"/>
          <ticker value="LBK"/>
          <other otherDesc="SEDOL" value="BYWPFX8"/>
        </identifiers>
        <balance>1716892.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>534211.1100000000</valUSD>
        <pctVal>0.1130911431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sparebank 1 Oestlandet</name>
        <lei>549300VRM6G42M8OWN49</lei>
        <title>Sparebank 1 Oestlandet</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010751910"/>
          <ticker value="SPOL"/>
          <other otherDesc="SEDOL" value="BZ12WQ9"/>
        </identifiers>
        <balance>8980.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>105120.8300000000</valUSD>
        <pctVal>0.0222538143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pacific Current Group Ltd</name>
        <lei>N/A</lei>
        <title>Pacific Current Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PAC7"/>
          <ticker value="PAC"/>
          <other otherDesc="SEDOL" value="BZ15T90"/>
        </identifiers>
        <balance>35896.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>145228.8900000000</valUSD>
        <pctVal>0.0307445893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daily Mail &amp; General Trust PLC</name>
        <lei>4OFD47D73QFJ1T1MOF29</lei>
        <title>Daily Mail &amp; General Trust PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJQZC279"/>
          <ticker value="DMGT"/>
          <other otherDesc="SEDOL" value="BJQZC27"/>
        </identifiers>
        <balance>4978.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>62416.2800000000</valUSD>
        <pctVal>0.0132133689</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>AO World PLC</name>
        <lei>2138005FFOAJIUZY4375</lei>
        <title>AO World PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJTNFH41"/>
          <ticker value="AO/"/>
          <other otherDesc="SEDOL" value="BJTNFH4"/>
        </identifiers>
        <balance>35488.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>140410.9900000000</valUSD>
        <pctVal>0.0297246520</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>TORM PLC</name>
        <lei>213800VL1H1ABVM1ZF63</lei>
        <title>TORM PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZ3CNK81"/>
          <ticker value="TRMDA"/>
          <other otherDesc="SEDOL" value="BZ3CNK8"/>
        </identifiers>
        <balance>18742.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>153934.2500000000</valUSD>
        <pctVal>0.0325874920</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>Tokmanni Group Corp</name>
        <lei>743700VMG6KWF0FW1560</lei>
        <title>Tokmanni Group Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000197934"/>
          <ticker value="TOKMAN"/>
          <other otherDesc="SEDOL" value="BD3CWG3"/>
        </identifiers>
        <balance>41604.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>904207.9400000000</valUSD>
        <pctVal>0.1914185378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden Ocean Group Ltd</name>
        <lei>N/A</lei>
        <title>Golden Ocean Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG396372051"/>
          <ticker value="GOGL"/>
          <other otherDesc="SEDOL" value="BDCHQL2"/>
        </identifiers>
        <balance>10318.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>61854.2700000000</valUSD>
        <pctVal>0.0130943928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nishi-Nippon Financial Holdings Inc</name>
        <lei>N/A</lei>
        <title>Nishi-Nippon Financial Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3658850007"/>
          <ticker value="7189"/>
          <other otherDesc="SEDOL" value="BD57ZM3"/>
        </identifiers>
        <balance>67900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>447347.0100000000</valUSD>
        <pctVal>0.0947022325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daikyonishikawa Corp</name>
        <lei>N/A</lei>
        <title>Daikyonishikawa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3481300006"/>
          <ticker value="4246"/>
          <other otherDesc="SEDOL" value="BJVSF22"/>
        </identifiers>
        <balance>19200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>133195.9500000000</valUSD>
        <pctVal>0.0281972463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aggreko PLC</name>
        <lei>2138003R7TGCSVF27H47</lei>
        <title>Aggreko PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BK1PTB77"/>
          <ticker value="AGK"/>
          <other otherDesc="SEDOL" value="BK1PTB7"/>
        </identifiers>
        <balance>154519.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>1721352.8400000000</valUSD>
        <pctVal>0.3644060498</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>China Sunsine Chemical Holdings Ltd</name>
        <lei>N/A</lei>
        <title>China Sunsine Chemical Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE54479022"/>
          <ticker value="CSSC"/>
          <other otherDesc="SEDOL" value="BK5QZW9"/>
        </identifiers>
        <balance>731800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>266157.5400000000</valUSD>
        <pctVal>0.0563448792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NTN Corp</name>
        <lei>3538008XP7ZG9BKBQX64</lei>
        <title>NTN Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165600002"/>
          <ticker value="6472"/>
          <other otherDesc="SEDOL" value="6651189"/>
        </identifiers>
        <balance>34200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>100769.9700000000</valUSD>
        <pctVal>0.0213327482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ogaki Kyoritsu Bank Ltd/The</name>
        <lei>549300M5X5T6C27W3H96</lei>
        <title>Ogaki Kyoritsu Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3176000002"/>
          <ticker value="8361"/>
          <other otherDesc="SEDOL" value="6656485"/>
        </identifiers>
        <balance>11400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>216452.2100000000</valUSD>
        <pctVal>0.0458223863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oki Electric Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Oki Electric Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3194000000"/>
          <ticker value="6703"/>
          <other otherDesc="SEDOL" value="6657682"/>
        </identifiers>
        <balance>56900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>559951.2400000000</valUSD>
        <pctVal>0.1185402636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Okamura Corp</name>
        <lei>N/A</lei>
        <title>Okamura Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3192400004"/>
          <ticker value="7994"/>
          <other otherDesc="SEDOL" value="6657842"/>
        </identifiers>
        <balance>33700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>355966.4700000000</valUSD>
        <pctVal>0.0753572029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grenergy Renovables SA</name>
        <lei>959800M1FVPL5BMW3R13</lei>
        <title>Grenergy Renovables SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105079000"/>
          <ticker value="GRE"/>
          <other otherDesc="SEDOL" value="BZ2JBQ2"/>
        </identifiers>
        <balance>2600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>109467.0800000000</valUSD>
        <pctVal>0.0231739044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boozt AB</name>
        <lei>549300HOEUKTVLRKQQ57</lei>
        <title>Boozt AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009888738"/>
          <ticker value="BOOZT"/>
          <other otherDesc="SEDOL" value="BZ30KS9"/>
        </identifiers>
        <balance>48118.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1001504.3000000000</valUSD>
        <pctVal>0.2120159315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ten Pao Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Ten Pao Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG876031090"/>
          <ticker value="1979"/>
          <other otherDesc="SEDOL" value="BZ4SXC7"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>88575.2000000000</valUSD>
        <pctVal>0.0187511462</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>Gym Group PLC/The</name>
        <lei>213800VCU9TBANZIN455</lei>
        <title>Gym Group PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZBX0P70"/>
          <ticker value="GYM"/>
          <other otherDesc="SEDOL" value="BZBX0P7"/>
        </identifiers>
        <balance>84992.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>282471.7200000000</valUSD>
        <pctVal>0.0597985499</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>Okuwa Co Ltd</name>
        <lei>N/A</lei>
        <title>Okuwa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3172150009"/>
          <ticker value="8217"/>
          <other otherDesc="SEDOL" value="6657950"/>
        </identifiers>
        <balance>12500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>132497.6500000000</valUSD>
        <pctVal>0.0280494179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Olympic Group Corp</name>
        <lei>N/A</lei>
        <title>Olympic Group Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3201400003"/>
          <ticker value="8289"/>
          <other otherDesc="SEDOL" value="6658599"/>
        </identifiers>
        <balance>6200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>51307.7300000000</valUSD>
        <pctVal>0.0108617169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyakugo Bank Ltd/The</name>
        <lei>549300BYCCERC5EKUX15</lei>
        <title>Hyakugo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3793800008"/>
          <ticker value="8368"/>
          <other otherDesc="SEDOL" value="6659666"/>
        </identifiers>
        <balance>41000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>117178.7100000000</valUSD>
        <pctVal>0.0248064370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiheiyo Cement Corp</name>
        <lei>N/A</lei>
        <title>Taiheiyo Cement Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3449020001"/>
          <ticker value="5233"/>
          <other otherDesc="SEDOL" value="6660204"/>
        </identifiers>
        <balance>69200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>1756635.8200000000</valUSD>
        <pctVal>0.3718753676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BW Offshore Ltd</name>
        <lei>2138008LFKH8V2EOA915</lei>
        <title>BW Offshore Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG1738J1247"/>
          <ticker value="BWO"/>
          <other otherDesc="SEDOL" value="BYYNFR4"/>
        </identifiers>
        <balance>116763.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>477267.8300000000</valUSD>
        <pctVal>0.1010363945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banca Farmafactoring SpA</name>
        <lei>815600522538355AE429</lei>
        <title>Banca Farmafactoring SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005244402"/>
          <ticker value="BFF"/>
          <other otherDesc="SEDOL" value="BD0TSX6"/>
        </identifiers>
        <balance>157052.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1030895.9100000000</valUSD>
        <pctVal>0.2182380611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bonava AB</name>
        <lei>213800SLYJ6HYXWP8L95</lei>
        <title>Bonava AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008091581"/>
          <ticker value="BONAVB"/>
          <other otherDesc="SEDOL" value="BZBXJW7"/>
        </identifiers>
        <balance>75561.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>804852.4300000000</valUSD>
        <pctVal>0.1703852272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victoria PLC</name>
        <lei>2138002K6ECECHVCQN25</lei>
        <title>Victoria PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZC0LC10"/>
          <ticker value="VCP"/>
          <other otherDesc="SEDOL" value="BZC0LC1"/>
        </identifiers>
        <balance>27810.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>313799.4200000000</valUSD>
        <pctVal>0.0664305449</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>BOCOM International Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>BOCOM International Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000337987"/>
          <ticker value="3329"/>
          <other otherDesc="SEDOL" value="BDVJRL6"/>
        </identifiers>
        <balance>468000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>85048.1500000000</valUSD>
        <pctVal>0.0180044786</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>Bilia AB</name>
        <lei>2138002GW5WN1UYZAO32</lei>
        <title>Bilia AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009921588"/>
          <ticker value="BILIA"/>
          <other otherDesc="SEDOL" value="BDVLJ38"/>
        </identifiers>
        <balance>107592.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1438915.9000000000</valUSD>
        <pctVal>0.3046148628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kamux Corp</name>
        <lei>743700KCVYIYNLPZYN56</lei>
        <title>Kamux Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000206750"/>
          <ticker value="KAMUX"/>
          <other otherDesc="SEDOL" value="BD6S901"/>
        </identifiers>
        <balance>28368.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>524365.2200000000</valUSD>
        <pctVal>0.1110067931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>doValue SpA</name>
        <lei>8156007AF7DB5FE05555</lei>
        <title>doValue SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001044996"/>
          <ticker value="DOV"/>
          <other otherDesc="SEDOL" value="BYZ4KT3"/>
        </identifiers>
        <balance>18227.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>224987.0200000000</valUSD>
        <pctVal>0.0476291840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Luceco PLC</name>
        <lei>213800BBFZK4W4P98U76</lei>
        <title>Luceco PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZC0LP49"/>
          <ticker value="LUCE"/>
          <other otherDesc="SEDOL" value="BZC0LP4"/>
        </identifiers>
        <balance>48526.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>159064.2700000000</valUSD>
        <pctVal>0.0336735043</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>Inghams Group Ltd</name>
        <lei>N/A</lei>
        <title>Inghams Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ING6"/>
          <ticker value="ING"/>
          <other otherDesc="SEDOL" value="BZCNHW2"/>
        </identifiers>
        <balance>224192.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>604647.8800000000</valUSD>
        <pctVal>0.1280024295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allgeier SE</name>
        <lei>529900IQAYRZIGKOJL63</lei>
        <title>Allgeier SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2GS633"/>
          <ticker value="AEIN"/>
          <other otherDesc="SEDOL" value="BD814R0"/>
        </identifiers>
        <balance>3309.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>96408.9300000000</valUSD>
        <pctVal>0.0204095270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bahnhof AB</name>
        <lei>213800K7LQU3H85KCU96</lei>
        <title>Bahnhof AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010442418"/>
          <ticker value="BAHNB"/>
          <other otherDesc="SEDOL" value="BYWHF34"/>
        </identifiers>
        <balance>33644.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>141854.1000000000</valUSD>
        <pctVal>0.0300301548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Endeavour Mining Corp</name>
        <lei>N/A</lei>
        <title>Endeavour Mining Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3040R1589"/>
          <ticker value="EDV"/>
          <other otherDesc="SEDOL" value="BDGN4L2"/>
        </identifiers>
        <balance>8625.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.2726000000"/>
        <valUSD>166115.6300000000</valUSD>
        <pctVal>0.0351662594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MC</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Luxfer Holdings PLC</name>
        <lei>21380045UF5SJYZOXE41</lei>
        <title>Luxfer Holdings PLC</title>
        <cusip>G5698W116</cusip>
        <identifiers>
          <isin value="GB00BNK03D49"/>
          <ticker value="LXFR"/>
          <other otherDesc="SEDOL" value="BF5GRT5"/>
        </identifiers>
        <balance>6560.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125689.6000000000</valUSD>
        <pctVal>0.0266081710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genky DrugStores Co Ltd</name>
        <lei>N/A</lei>
        <title>Genky DrugStores Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3282750003"/>
          <ticker value="9267"/>
          <other otherDesc="SEDOL" value="BF41GY9"/>
        </identifiers>
        <balance>4200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>130411.0500000000</valUSD>
        <pctVal>0.0276076900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cibus Nordic Real Estate AB</name>
        <lei>549300PW36MFK96GCR23</lei>
        <title>Cibus Nordic Real Estate AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010832204"/>
          <ticker value="CIBUS"/>
          <other otherDesc="SEDOL" value="BYWR8Y6"/>
        </identifiers>
        <balance>9774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>187349.4200000000</valUSD>
        <pctVal>0.0396613992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golar LNG Ltd</name>
        <lei>213800C2VSFZG3EZLO34</lei>
        <title>Golar LNG Ltd</title>
        <cusip>G9456A100</cusip>
        <identifiers>
          <isin value="BMG9456A1009"/>
          <ticker value="GLNG"/>
          <other otherDesc="SEDOL" value="2367963"/>
        </identifiers>
        <balance>38521.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>434902.0900000000</valUSD>
        <pctVal>0.0920676743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caesarstone Ltd</name>
        <lei>N/A</lei>
        <title>Caesarstone Ltd</title>
        <cusip>M20598104</cusip>
        <identifiers>
          <isin value="IL0011259137"/>
          <ticker value="CSTE"/>
          <other otherDesc="SEDOL" value="B796245"/>
        </identifiers>
        <balance>18322.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>231040.4200000000</valUSD>
        <pctVal>0.0489106735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMMOFINANZ AG</name>
        <lei>5299000DUMZ99SBBX121</lei>
        <title>IMMOFINANZ AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A21KS2"/>
          <ticker value="IIA"/>
          <other otherDesc="SEDOL" value="BFZ5BQ7"/>
        </identifiers>
        <balance>1510.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>30201.5400000000</valUSD>
        <pctVal>0.0063935898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daishi Hokuetsu Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Daishi Hokuetsu Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3483850008"/>
          <ticker value="7327"/>
          <other otherDesc="SEDOL" value="BFYGQ44"/>
        </identifiers>
        <balance>17700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>393287.8600000000</valUSD>
        <pctVal>0.0832580469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ituran Location and Control Ltd</name>
        <lei>N/A</lei>
        <title>Ituran Location and Control Ltd</title>
        <cusip>M6158M104</cusip>
        <identifiers>
          <isin value="IL0010818685"/>
          <ticker value="ITRN"/>
          <other otherDesc="SEDOL" value="B0LNCS9"/>
        </identifiers>
        <balance>832.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18037.7600000000</valUSD>
        <pctVal>0.0038185482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AerCap Holdings NV</name>
        <lei>549300SZYINBBLJQU475</lei>
        <title>AerCap Holdings NV</title>
        <cusip>N00985106</cusip>
        <identifiers>
          <isin value="NL0000687663"/>
          <ticker value="AER"/>
          <other otherDesc="SEDOL" value="B1HHKD3"/>
        </identifiers>
        <balance>69891.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3367348.3800000000</valUSD>
        <pctVal>0.7128591495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Space Value Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Space Value Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3400060004"/>
          <ticker value="1448"/>
          <other otherDesc="SEDOL" value="BF5K6P6"/>
        </identifiers>
        <balance>12900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>91847.9500000000</valUSD>
        <pctVal>0.0194439791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coronado Global Resources Inc</name>
        <lei>N/A</lei>
        <title>Coronado Global Resources Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000026122"/>
          <ticker value="CRN"/>
          <other otherDesc="SEDOL" value="BGV71W0"/>
        </identifiers>
        <balance>90332.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>75581.7300000000</valUSD>
        <pctVal>0.0160004614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SkiStar AB</name>
        <lei>529900CD7HSJ1CZS7089</lei>
        <title>SkiStar AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012141687"/>
          <ticker value="SKISB"/>
          <other otherDesc="SEDOL" value="BGSCRG4"/>
        </identifiers>
        <balance>50008.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>748480.5200000000</valUSD>
        <pctVal>0.1584514362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Drilling Co of 1972 A/S/The</name>
        <lei>549300Q6RULS8O2KBM54</lei>
        <title>Drilling Co of 1972 A/S/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0061135753"/>
          <ticker value="DRLCO"/>
          <other otherDesc="SEDOL" value="BGHVXC0"/>
        </identifiers>
        <balance>5435.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.1632000000"/>
        <valUSD>216169.2600000000</valUSD>
        <pctVal>0.0457624865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avanza Bank Holding AB</name>
        <lei>549300MBWR5H8SIJLE03</lei>
        <title>Avanza Bank Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012454072"/>
          <ticker value="AZA"/>
          <other otherDesc="SEDOL" value="BJXMLF7"/>
        </identifiers>
        <balance>32344.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1013378.9100000000</valUSD>
        <pctVal>0.2145297565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cementir Holding NV</name>
        <lei>8156008B101B97A43B02</lei>
        <title>Cementir Holding NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0013995087"/>
          <ticker value="CEM"/>
          <other otherDesc="SEDOL" value="BKRWS93"/>
        </identifiers>
        <balance>9787.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>93566.8000000000</valUSD>
        <pctVal>0.0198078553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perenti Global Ltd</name>
        <lei>N/A</lei>
        <title>Perenti Global Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000061897"/>
          <ticker value="PRN"/>
          <other otherDesc="SEDOL" value="BKRKNV4"/>
        </identifiers>
        <balance>763063.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>671997.2100000000</valUSD>
        <pctVal>0.1422601126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BW Energy Ltd</name>
        <lei>N/A</lei>
        <title>BW Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG0702P1086"/>
          <ticker value="BWE"/>
          <other otherDesc="SEDOL" value="BKM1QH9"/>
        </identifiers>
        <balance>12056.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.6706000000"/>
        <valUSD>35063.6200000000</valUSD>
        <pctVal>0.0074228798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Electrolux Professional AB</name>
        <lei>2549006BXJ7RR72AW370</lei>
        <title>Electrolux Professional AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0013747870"/>
          <ticker value="EPROB"/>
          <other otherDesc="SEDOL" value="BKV3Z24"/>
        </identifiers>
        <balance>203439.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>1081860.3800000000</valUSD>
        <pctVal>0.2290271108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAF-Holland SE</name>
        <lei>222100QJQLUJHWREL058</lei>
        <title>SAF-Holland SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000SAFH001"/>
          <ticker value="SFQ"/>
          <other otherDesc="SEDOL" value="BL5BYR9"/>
        </identifiers>
        <balance>35292.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>522461.0500000000</valUSD>
        <pctVal>0.1106036851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hirogin Holdings Inc</name>
        <lei>N/A</lei>
        <title>Hirogin Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3796150005"/>
          <ticker value="7337"/>
          <other otherDesc="SEDOL" value="BJK6DZ6"/>
        </identifiers>
        <balance>134600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>797657.2800000000</valUSD>
        <pctVal>0.1688620321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitchells &amp; Butlers PLC</name>
        <lei>N/A</lei>
        <title>Mitchells &amp; Butlers PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLH1P296"/>
          <ticker value="1868369D"/>
          <other otherDesc="SEDOL" value="BLH1P29"/>
        </identifiers>
        <balance>47549.6110000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>62271.3500000000</valUSD>
        <pctVal>0.0131826876</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>Mitchells &amp; Butlers PLC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Mitchells &amp; Butlers PLC</issuerName>
                <issueTitle>Mitchells &amp; Butlers PLC</issueTitle>
                <identifiers>
                  <isin value="GB00BLH1P296"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>47549.6110000000</shareNo>
            <exercisePrice>210.000000000000</exercisePrice>
            <exercisePriceCurCd>GBP</exercisePriceCurCd>
            <expDt>2021-03-10</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>62271.35</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Queensland Ltd</name>
        <lei>549300WFIN7T02UKDG08</lei>
        <title>Bank of Queensland Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000137275"/>
          <ticker value="BOQXX"/>
          <other otherDesc="SEDOL" value="BKY7910"/>
        </identifiers>
        <balance>60750.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>410880.4000000000</valUSD>
        <pctVal>0.0869823432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsukui Holdings Corp</name>
        <lei>N/A</lei>
        <title>Tsukui Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3532800004"/>
          <ticker value="2398"/>
          <other otherDesc="SEDOL" value="B00CSV2"/>
        </identifiers>
        <balance>32200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>281106.8100000000</valUSD>
        <pctVal>0.0595096019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McMillan Shakespeare Ltd</name>
        <lei>N/A</lei>
        <title>McMillan Shakespeare Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MMS5"/>
          <ticker value="MMS"/>
          <other otherDesc="SEDOL" value="B00G1Q0"/>
        </identifiers>
        <balance>54210.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>517108.7900000000</valUSD>
        <pctVal>0.1094706251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Millicom International Cellular SA</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>Millicom International Cellular SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001174970"/>
          <ticker value="TIGO"/>
          <other otherDesc="SEDOL" value="B00L2M8"/>
        </identifiers>
        <balance>4414.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.4439000000"/>
        <valUSD>165625.8400000000</valUSD>
        <pctVal>0.0350625721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grafton Group PLC</name>
        <lei>635400BE9SBAG61DJ963</lei>
        <title>Grafton Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B00MZ448"/>
          <ticker value="GFTU"/>
          <other otherDesc="SEDOL" value="B00MZ44"/>
        </identifiers>
        <balance>57.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>782.6900000000</valUSD>
        <pctVal>0.0001656935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCJ Co Ltd</name>
        <lei>N/A</lei>
        <title>MCJ Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3167420003"/>
          <ticker value="6670"/>
          <other otherDesc="SEDOL" value="B00TL47"/>
        </identifiers>
        <balance>14900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>127397.6500000000</valUSD>
        <pctVal>0.0269697608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nick Scali Ltd</name>
        <lei>N/A</lei>
        <title>Nick Scali Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NCK1"/>
          <ticker value="NCK"/>
          <other otherDesc="SEDOL" value="B00VZV8"/>
        </identifiers>
        <balance>45193.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>354755.8800000000</valUSD>
        <pctVal>0.0751009240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SES SA</name>
        <lei>5493008JPA4HYMH1HX51</lei>
        <title>SES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0088087324"/>
          <ticker value="SESG"/>
          <other otherDesc="SEDOL" value="B00ZQQ2"/>
        </identifiers>
        <balance>168377.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>1340458.9600000000</valUSD>
        <pctVal>0.2837717772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Imerys SA</name>
        <lei>54930075MZSSIB2TGC64</lei>
        <title>Imerys SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120859"/>
          <ticker value="NK"/>
          <other otherDesc="SEDOL" value="B011GL4"/>
        </identifiers>
        <balance>19247.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>989325.8900000000</valUSD>
        <pctVal>0.2094377929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singapore Press Holdings Ltd</name>
        <lei>254900KNRZSJOJRKPW61</lei>
        <title>Singapore Press Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1P66918738"/>
          <ticker value="SPH"/>
          <other otherDesc="SEDOL" value="B012899"/>
        </identifiers>
        <balance>172200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3334000000"/>
        <valUSD>180060.3200000000</valUSD>
        <pctVal>0.0381183151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Halfords Group PLC</name>
        <lei>54930086FKBWWJIOBI79</lei>
        <title>Halfords Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B012TP20"/>
          <ticker value="HFD"/>
          <other otherDesc="SEDOL" value="B012TP2"/>
        </identifiers>
        <balance>76173.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>307194.8300000000</valUSD>
        <pctVal>0.0650323698</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>J Sainsbury PLC</name>
        <lei>213800VGZAAJIKJ9Y484</lei>
        <title>J Sainsbury PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B019KW72"/>
          <ticker value="SBRY"/>
          <other otherDesc="SEDOL" value="B019KW7"/>
        </identifiers>
        <balance>959598.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>3023474.6100000000</valUSD>
        <pctVal>0.6400619407</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>Super Retail Group Ltd</name>
        <lei>N/A</lei>
        <title>Super Retail Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SUL0"/>
          <ticker value="SUL"/>
          <other otherDesc="SEDOL" value="B01C7R0"/>
        </identifiers>
        <balance>92916.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>787411.3200000000</valUSD>
        <pctVal>0.1666929882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mediaset Espana Comunicacion SA</name>
        <lei>95980020140005021479</lei>
        <title>Mediaset Espana Comunicacion SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0152503035"/>
          <ticker value="TL5"/>
          <other otherDesc="SEDOL" value="B01G2K0"/>
        </identifiers>
        <balance>123244.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8288090000"/>
        <valUSD>738961.9900000000</valUSD>
        <pctVal>0.1564363874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beenos Inc</name>
        <lei>N/A</lei>
        <title>Beenos Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3758110005"/>
          <ticker value="3328"/>
          <other otherDesc="SEDOL" value="B01G5V2"/>
        </identifiers>
        <balance>7600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>164660.2800000000</valUSD>
        <pctVal>0.0348581655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adgar Investment and Development Ltd</name>
        <lei>N/A</lei>
        <title>Adgar Investment and Development Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0018200837"/>
          <ticker value="ADGR"/>
          <other otherDesc="SEDOL" value="B01R8Y9"/>
        </identifiers>
        <balance>13419.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3100500000"/>
        <valUSD>22490.4900000000</valUSD>
        <pctVal>0.0047611799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pacific Basin Shipping Ltd</name>
        <lei>N/A</lei>
        <title>Pacific Basin Shipping Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG684371393"/>
          <ticker value="2343"/>
          <other otherDesc="SEDOL" value="B01RQM3"/>
        </identifiers>
        <balance>4074000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7564500000"/>
        <valUSD>1013362.8900000000</valUSD>
        <pctVal>0.2145263651</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>Monex Group Inc</name>
        <lei>353800SGXKLYGPUJ4648</lei>
        <title>Monex Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3869970008"/>
          <ticker value="8698"/>
          <other otherDesc="SEDOL" value="B01S2L7"/>
        </identifiers>
        <balance>96300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>807952.1000000000</valUSD>
        <pctVal>0.1710414195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perseus Mining Ltd</name>
        <lei>54930054ZDGKBCW3SM26</lei>
        <title>Perseus Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PRU3"/>
          <ticker value="PRU"/>
          <other otherDesc="SEDOL" value="B02FBC1"/>
        </identifiers>
        <balance>900032.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.2996300000"/>
        <valUSD>794711.4300000000</valUSD>
        <pctVal>0.1682384031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon Chouzai Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Chouzai Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3729200000"/>
          <ticker value="3341"/>
          <other otherDesc="SEDOL" value="B02KKT6"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>17444.1200000000</valUSD>
        <pctVal>0.0036928762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Electric Power Development Co Ltd</name>
        <lei>549300KMHPUAQI8VEH90</lei>
        <title>Electric Power Development Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3551200003"/>
          <ticker value="9513"/>
          <other otherDesc="SEDOL" value="B02Q328"/>
        </identifiers>
        <balance>49100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>798872.9000000000</valUSD>
        <pctVal>0.1691193758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Leasing Co Ltd</name>
        <lei>N/A</lei>
        <title>Mizuho Leasing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3286500008"/>
          <ticker value="8425"/>
          <other otherDesc="SEDOL" value="B02QLW4"/>
        </identifiers>
        <balance>19600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>611671.5600000000</valUSD>
        <pctVal>0.1294893248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PayPoint PLC</name>
        <lei>5493004YKWI8U0GDD138</lei>
        <title>PayPoint PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B02QND93"/>
          <ticker value="PAY"/>
          <other otherDesc="SEDOL" value="B02QND9"/>
        </identifiers>
        <balance>15491.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7177720000"/>
        <valUSD>125893.2800000000</valUSD>
        <pctVal>0.0266512895</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>Japan Asia Group Ltd</name>
        <lei>N/A</lei>
        <title>Japan Asia Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3385840008"/>
          <ticker value="3751"/>
          <other otherDesc="SEDOL" value="B02RYK6"/>
        </identifiers>
        <balance>19000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>221799.4500000000</valUSD>
        <pctVal>0.0469543835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sawada Holdings Co Ltd</name>
        <lei>549300QL9Z6XV46RXT40</lei>
        <title>Sawada Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160790006"/>
          <ticker value="8699"/>
          <other otherDesc="SEDOL" value="B02T4H9"/>
        </identifiers>
        <balance>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="106.5950000000"/>
        <valUSD>6153.7700000000</valUSD>
        <pctVal>0.0013027376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-04-22</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
