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      <regStreet1>4500 Main St</regStreet1>
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      <regZipOrPostalCode>64111</regZipOrPostalCode>
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      <seriesName>Avantis International Small Cap Value ETF</seriesName>
      <seriesId>S000066457</seriesId>
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      <repPdEnd>2022-08-31</repPdEnd>
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      <invstOrSec>
        <name>Enerflex Ltd</name>
        <lei>54930014N7872VUS3F89</lei>
        <title>Enerflex Ltd</title>
        <cusip>29269R105</cusip>
        <identifiers>
          <isin value="CA29269R1055"/>
          <ticker value="EFX"/>
          <other otherDesc="SEDOL" value="B4Y2RV9"/>
        </identifiers>
        <balance>68309.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>342754.2600000000</valUSD>
        <pctVal>0.0205424728</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="257336.180000000000"/>
        </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>871.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>30738.8400000000</valUSD>
        <pctVal>0.0018422872</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="23069.890000000000"/>
        </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>12548.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>355320.4600000000</valUSD>
        <pctVal>0.0212956095</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="264196.570000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>5N Plus Inc</name>
        <lei>5493005GU1NFX4YB2S73</lei>
        <title>5N Plus Inc</title>
        <cusip>33833X101</cusip>
        <identifiers>
          <isin value="CA33833X1015"/>
          <ticker value="VNP"/>
          <other otherDesc="SEDOL" value="B2B3VZ3"/>
        </identifiers>
        <balance>13540.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>17319.9800000000</valUSD>
        <pctVal>0.0010380475</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="7425.830000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fortuna Silver Mines Inc</name>
        <lei>5493003Q88RVK7CW4735</lei>
        <title>Fortuna Silver Mines Inc</title>
        <cusip>349915108</cusip>
        <identifiers>
          <isin value="CA3499151080"/>
          <ticker value="FVI"/>
          <other otherDesc="SEDOL" value="2383033"/>
        </identifiers>
        <balance>501083.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1159852.5300000000</valUSD>
        <pctVal>0.0695140566</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="690613.480000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banca Popolare di Sondrio SPA</name>
        <lei>J48C8PCSJVUBR8KCW529</lei>
        <title>Banca Popolare di Sondrio SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000784196"/>
          <ticker value="BPSO"/>
          <other otherDesc="SEDOL" value="4115223"/>
        </identifiers>
        <balance>2719859.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>8709764.9200000000</valUSD>
        <pctVal>0.5220069585</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="114901.290000000000"/>
        </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>118022.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>360341.2200000000</valUSD>
        <pctVal>0.0215965214</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="8185.230000000000"/>
        </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>4.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>40.9000000000</valUSD>
        <pctVal>0.0000024513</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="30.710000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cie d'Entreprises CFE</name>
        <lei>5493003N7PPOYDZI1G90</lei>
        <title>Cie d'Entreprises CFE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003883031"/>
          <ticker value="CFEB"/>
          <other otherDesc="SEDOL" value="4318260"/>
        </identifiers>
        <balance>27899.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>277675.8400000000</valUSD>
        <pctVal>0.0166420933</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="162280.370000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Finnair Oyj</name>
        <lei>213800SB6EOB8SSK9W63</lei>
        <title>Finnair Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009003230"/>
          <ticker value="FIA1S"/>
          <other otherDesc="SEDOL" value="4336392"/>
        </identifiers>
        <balance>805706.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>330237.1600000000</valUSD>
        <pctVal>0.0197922788</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="170234.020000000000"/>
        </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>86531.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1840846.8000000000</valUSD>
        <pctVal>0.1103284472</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="1219149.040000000000"/>
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      </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"/>
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        <balance>400997.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1770877.9800000000</valUSD>
        <pctVal>0.1061349688</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="24942.710000000000"/>
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      </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"/>
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        <balance>801414.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>958023.3600000000</valUSD>
        <pctVal>0.0574177219</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="591139.710000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>International Petroleum Corp</name>
        <lei>N/A</lei>
        <title>International Petroleum Corp</title>
        <cusip>46016U108</cusip>
        <identifiers>
          <isin value="CA46016U1084"/>
          <ticker value="IPCO"/>
          <other otherDesc="SEDOL" value="BF0L7J5"/>
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        <balance>9413.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>92671.4800000000</valUSD>
        <pctVal>0.0055541289</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="69570.370000000000"/>
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      </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"/>
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        <balance>136003.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>313999.2400000000</valUSD>
        <pctVal>0.0188190829</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="110186.040000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Schweizerische Nationalbank</name>
        <lei>LKAJX4ZOK2R6D9THVO59</lei>
        <title>Schweizerische Nationalbank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0001319265"/>
          <ticker value="SNBN"/>
          <other otherDesc="SEDOL" value="4781408"/>
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        <balance>3.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>16961.3400000000</valUSD>
        <pctVal>0.0010165530</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="11307.420000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Largo Inc</name>
        <lei>549300DNLDBZOCZKIM08</lei>
        <title>Largo Inc</title>
        <cusip>517097101</cusip>
        <identifiers>
          <isin value="CA5170971017"/>
          <ticker value="LGO"/>
          <other otherDesc="SEDOL" value="BLH3DG5"/>
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        <balance>1825.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>12422.8100000000</valUSD>
        <pctVal>0.0007445429</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="9321.930000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Jacquet Metals SACA</name>
        <lei>969500V8OL3NGL0GKZ37</lei>
        <title>Jacquet Metals SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000033904"/>
          <ticker value="JCQ"/>
          <other otherDesc="SEDOL" value="5286582"/>
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        <balance>34099.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>539914.7300000000</valUSD>
        <pctVal>0.0323589958</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="195109.280000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>PostNL NV</name>
        <lei>724500Q41FHN0P1GPC53</lei>
        <title>PostNL NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009739416"/>
          <ticker value="PNL"/>
          <other otherDesc="SEDOL" value="5481558"/>
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        <balance>813567.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1733601.1500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </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="0.9950740000"/>
        <valUSD>32435.7700000000</valUSD>
        <pctVal>0.0019439902</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="24360.920000000000"/>
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      </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"/>
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        <balance>1094870.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>5693807.5200000000</valUSD>
        <pctVal>0.3412499847</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="4203363.110000000000"/>
        </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>708033.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1583794.7200000000</valUSD>
        <pctVal>0.0949224086</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="77863.870000000000"/>
        </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>81827.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>94206.0500000000</valUSD>
        <pctVal>0.0056461011</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="5595.190000000000"/>
        </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>100872.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1833002.5200000000</valUSD>
        <pctVal>0.1098583118</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="260227.670000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Groupe LDLC</name>
        <lei>969500DJ67NWWO3OJ977</lei>
        <title>Groupe LDLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000075442"/>
          <ticker value="ALLDL"/>
          <other otherDesc="SEDOL" value="5948451"/>
        </identifiers>
        <balance>6031.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>164355.7600000000</valUSD>
        <pctVal>0.0098504209</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="99892.360000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alps Alpine Co Ltd</name>
        <lei>N/A</lei>
        <title>Alps Alpine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126400005"/>
          <ticker value="6770"/>
          <other otherDesc="SEDOL" value="6021500"/>
        </identifiers>
        <balance>35200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>314893.1900000000</valUSD>
        <pctVal>0.0188726605</pctVal>
        <payoffProfile>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="238534.110000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kosaido Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Kosaido Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3287700003"/>
          <ticker value="7868"/>
          <other otherDesc="SEDOL" value="6036496"/>
        </identifiers>
        <balance>9600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>82568.7600000000</valUSD>
        <pctVal>0.0049486373</pctVal>
        <payoffProfile>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="59270.090000000000"/>
        </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>397700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4084528.2600000000</valUSD>
        <pctVal>0.2448001977</pctVal>
        <payoffProfile>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="2900475.520000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyoden Co Ltd</name>
        <lei>N/A</lei>
        <title>Kyoden Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3250200007"/>
          <ticker value="6881"/>
          <other otherDesc="SEDOL" value="6047346"/>
        </identifiers>
        <balance>45100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>203041.5500000000</valUSD>
        <pctVal>0.0121689969</pctVal>
        <payoffProfile>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="52948.930000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCLANDS CORP</name>
        <lei>N/A</lei>
        <title>ARCLANDS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3100100001"/>
          <ticker value="9842"/>
          <other otherDesc="SEDOL" value="6048004"/>
        </identifiers>
        <balance>70100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>751669.5100000000</valUSD>
        <pctVal>0.0450502072</pctVal>
        <payoffProfile>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="566351.940000000000"/>
        </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>934211.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>4457486.3000000000</valUSD>
        <pctVal>0.2671528896</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="1321271.920000000000"/>
        </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="138.9250000000"/>
        <valUSD>62396.5700000000</valUSD>
        <pctVal>0.0037396467</pctVal>
        <payoffProfile>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="47064.750000000000"/>
        </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>918964.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>5641076.0000000000</valUSD>
        <pctVal>0.3380895986</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="4265763.800000000000"/>
        </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>179100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>96047.5600000000</valUSD>
        <pctVal>0.0057564693</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="65706.950000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Electronic Materials Corp</name>
        <lei>N/A</lei>
        <title>Japan Electronic Materials Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3735300000"/>
          <ticker value="6855"/>
          <other otherDesc="SEDOL" value="6126483"/>
        </identifiers>
        <balance>24800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>278443.4600000000</valUSD>
        <pctVal>0.0166880995</pctVal>
        <payoffProfile>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="189699.770000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nagano Keiki Co Ltd</name>
        <lei>N/A</lei>
        <title>Nagano Keiki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3648350001"/>
          <ticker value="7715"/>
          <other otherDesc="SEDOL" value="6136125"/>
        </identifiers>
        <balance>7300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>57471.3100000000</valUSD>
        <pctVal>0.0034444585</pctVal>
        <payoffProfile>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="40003.740000000000"/>
        </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>160200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>948117.6900000000</valUSD>
        <pctVal>0.0568240402</pctVal>
        <payoffProfile>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="716216.000000000000"/>
        </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"/>
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        <balance>14100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>190161.9200000000</valUSD>
        <pctVal>0.0113970752</pctVal>
        <payoffProfile>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="134073.050000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citizen Watch Co Ltd</name>
        <lei>N/A</lei>
        <title>Citizen Watch Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3352400000"/>
          <ticker value="7762"/>
          <other otherDesc="SEDOL" value="6197304"/>
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        <balance>886600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3788105.4200000000</valUSD>
        <pctVal>0.2270345304</pctVal>
        <payoffProfile>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="1031872.600000000000"/>
        </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>282604.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>565120.9800000000</valUSD>
        <pctVal>0.0338696953</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="346645.770000000000"/>
        </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>754300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4737162.8600000000</valUSD>
        <pctVal>0.2839148931</pctVal>
        <payoffProfile>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="3581592.650000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daishinku Corp</name>
        <lei>N/A</lei>
        <title>Daishinku Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3484400001"/>
          <ticker value="6962"/>
          <other otherDesc="SEDOL" value="6251493"/>
        </identifiers>
        <balance>54500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>383646.3900000000</valUSD>
        <pctVal>0.0229932825</pctVal>
        <payoffProfile>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="227832.990000000000"/>
        </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>111217.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>375594.0200000000</valUSD>
        <pctVal>0.0225106755</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="283648.850000000000"/>
        </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="138.9250000000"/>
        <valUSD>59653.5000000000</valUSD>
        <pctVal>0.0035752448</pctVal>
        <payoffProfile>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="43215.520000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credit Corp Group Ltd</name>
        <lei>549300JCSY6XG1L4WB90</lei>
        <title>Credit Corp Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CCP3"/>
          <ticker value="CCP"/>
          <other otherDesc="SEDOL" value="6287658"/>
        </identifiers>
        <balance>80038.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1102670.6700000000</valUSD>
        <pctVal>0.0660869459</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="725265.790000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hong Fok Corp Ltd</name>
        <lei>N/A</lei>
        <title>Hong Fok Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1J14885763"/>
          <ticker value="HFC"/>
          <other otherDesc="SEDOL" value="6287915"/>
        </identifiers>
        <balance>104800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>79334.2200000000</valUSD>
        <pctVal>0.0047547799</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="35367.460000000000"/>
        </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>52400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1217353.2300000000</valUSD>
        <pctVal>0.0729602765</pctVal>
        <payoffProfile>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="913940.170000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ehime Bank Ltd/The</name>
        <lei>353800KJ5DZRX27VPX36</lei>
        <title>Ehime Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166400006"/>
          <ticker value="8541"/>
          <other otherDesc="SEDOL" value="6307028"/>
        </identifiers>
        <balance>3300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>20179.6300000000</valUSD>
        <pctVal>0.0012094365</pctVal>
        <payoffProfile>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="14762.360000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enomoto Co Ltd</name>
        <lei>N/A</lei>
        <title>Enomoto Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165800008"/>
          <ticker value="6928"/>
          <other otherDesc="SEDOL" value="6318387"/>
        </identifiers>
        <balance>3000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>33284.1700000000</valUSD>
        <pctVal>0.0019948378</pctVal>
        <payoffProfile>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="16787.210000000000"/>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>8627.8600000000</valUSD>
        <pctVal>0.0005170981</pctVal>
        <payoffProfile>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="5783.220000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Univance Corp</name>
        <lei>N/A</lei>
        <title>Univance Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3821400003"/>
          <ticker value="7254"/>
          <other otherDesc="SEDOL" value="6356901"/>
        </identifiers>
        <balance>29200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>84926.9400000000</valUSD>
        <pctVal>0.0050899713</pctVal>
        <payoffProfile>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="53868.890000000000"/>
        </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>365400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1021834.6300000000</valUSD>
        <pctVal>0.0612421566</pctVal>
        <payoffProfile>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="537172.630000000000"/>
        </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>1617172.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>309703.4400000000</valUSD>
        <pctVal>0.0185616205</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="223992.400000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heiwado Co Ltd</name>
        <lei>N/A</lei>
        <title>Heiwado Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3834400008"/>
          <ticker value="8276"/>
          <other otherDesc="SEDOL" value="6419611"/>
        </identifiers>
        <balance>55000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>786138.8400000000</valUSD>
        <pctVal>0.0471160759</pctVal>
        <payoffProfile>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="300214.120000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hirano Tecseed Co Ltd/Kinzoku</name>
        <lei>N/A</lei>
        <title>Hirano Tecseed Co Ltd/Kinzoku</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3795800006"/>
          <ticker value="6245"/>
          <other otherDesc="SEDOL" value="6428640"/>
        </identifiers>
        <balance>17200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>229013.9500000000</valUSD>
        <pctVal>0.0137256145</pctVal>
        <payoffProfile>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="134002.950000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tuan Sing Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Tuan Sing Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D13002373"/>
          <ticker value="TSH"/>
          <other otherDesc="SEDOL" value="6450687"/>
        </identifiers>
        <balance>1652390.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>436473.6000000000</valUSD>
        <pctVal>0.0261594037</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="282031.800000000000"/>
        </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>7200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>65661.7800000000</valUSD>
        <pctVal>0.0039353423</pctVal>
        <payoffProfile>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="49491.980000000000"/>
        </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>9000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>194230.7700000000</valUSD>
        <pctVal>0.0116409357</pctVal>
        <payoffProfile>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="145393.530000000000"/>
        </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>16400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>164026.1600000000</valUSD>
        <pctVal>0.0098306668</pctVal>
        <payoffProfile>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="41302.440000000000"/>
        </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>16200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>106098.4000000000</valUSD>
        <pctVal>0.0063588517</pctVal>
        <payoffProfile>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="79639.980000000000"/>
        </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>42100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>193024.7400000000</valUSD>
        <pctVal>0.0115686541</pctVal>
        <payoffProfile>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="129649.970000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimura Chemical Plants Co Ltd</name>
        <lei>N/A</lei>
        <title>Kimura Chemical Plants Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3242000002"/>
          <ticker value="6378"/>
          <other otherDesc="SEDOL" value="6492485"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5653.9800000000</valUSD>
        <pctVal>0.0003388630</pctVal>
        <payoffProfile>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="569.510000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Konica Minolta Inc</name>
        <lei>549300SVK6KRUOL1A740</lei>
        <title>Konica Minolta Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3300600008"/>
          <ticker value="4902"/>
          <other otherDesc="SEDOL" value="6496700"/>
        </identifiers>
        <balance>461800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1598974.8000000000</valUSD>
        <pctVal>0.0958322044</pctVal>
        <payoffProfile>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="935077.620000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kohnan Shoji Co Ltd</name>
        <lei>N/A</lei>
        <title>Kohnan Shoji Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3283750002"/>
          <ticker value="7516"/>
          <other otherDesc="SEDOL" value="6504379"/>
        </identifiers>
        <balance>67400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1670690.1900000000</valUSD>
        <pctVal>0.1001303609</pctVal>
        <payoffProfile>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="1190884.590000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDION Corp</name>
        <lei>N/A</lei>
        <title>EDION Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164470001"/>
          <ticker value="2730"/>
          <other otherDesc="SEDOL" value="6512714"/>
        </identifiers>
        <balance>86000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>739789.6000000000</valUSD>
        <pctVal>0.0443382023</pctVal>
        <payoffProfile>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="457082.630000000000"/>
        </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>10800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>172592.7600000000</valUSD>
        <pctVal>0.0103440934</pctVal>
        <payoffProfile>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="130077.070000000000"/>
        </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>179700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2143343.6400000000</valUSD>
        <pctVal>0.1284581507</pctVal>
        <payoffProfile>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="1616279.310000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Halows Co Ltd</name>
        <lei>N/A</lei>
        <title>Halows Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3773750009"/>
          <ticker value="2742"/>
          <other otherDesc="SEDOL" value="6539702"/>
        </identifiers>
        <balance>2300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>50511.9400000000</valUSD>
        <pctVal>0.0030273589</pctVal>
        <payoffProfile>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="37511.620000000000"/>
        </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>7800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>89311.9200000000</valUSD>
        <pctVal>0.0053527787</pctVal>
        <payoffProfile>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="52892.430000000000"/>
        </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>25781.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>296412.3000000000</valUSD>
        <pctVal>0.0177650355</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="203027.350000000000"/>
        </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="138.9250000000"/>
        <valUSD>25159.2800000000</valUSD>
        <pctVal>0.0015078845</pctVal>
        <payoffProfile>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="12720.200000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Matsushima Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsui Matsushima Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3894000003"/>
          <ticker value="1518"/>
          <other otherDesc="SEDOL" value="6572644"/>
        </identifiers>
        <balance>49700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1301280.7100000000</valUSD>
        <pctVal>0.0779903467</pctVal>
        <payoffProfile>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="958053.470000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meiji Shipping Co Ltd</name>
        <lei>N/A</lei>
        <title>Meiji Shipping Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3916200003"/>
          <ticker value="9115"/>
          <other otherDesc="SEDOL" value="6576248"/>
        </identifiers>
        <balance>19500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>114568.4500000000</valUSD>
        <pctVal>0.0068664917</pctVal>
        <payoffProfile>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="76181.030000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meiwa Corp</name>
        <lei>N/A</lei>
        <title>Meiwa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3920600008"/>
          <ticker value="8103"/>
          <other otherDesc="SEDOL" value="6576389"/>
        </identifiers>
        <balance>5900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>33699.1800000000</valUSD>
        <pctVal>0.0020197108</pctVal>
        <payoffProfile>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="19515.530000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ministop Co Ltd</name>
        <lei>N/A</lei>
        <title>Ministop Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3905950006"/>
          <ticker value="9946"/>
          <other otherDesc="SEDOL" value="6583851"/>
        </identifiers>
        <balance>6600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>66984.4500000000</valUSD>
        <pctVal>0.0040146146</pctVal>
        <payoffProfile>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="33618.520000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mikuni Corp</name>
        <lei>N/A</lei>
        <title>Mikuni Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3882800000"/>
          <ticker value="7247"/>
          <other otherDesc="SEDOL" value="6592200"/>
        </identifiers>
        <balance>22300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>52702.0800000000</valUSD>
        <pctVal>0.0031586217</pctVal>
        <payoffProfile>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="29895.180000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scroll Corp</name>
        <lei>N/A</lei>
        <title>Scroll Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3913600007"/>
          <ticker value="8005"/>
          <other otherDesc="SEDOL" value="6611718"/>
        </identifiers>
        <balance>49300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>277778.3800000000</valUSD>
        <pctVal>0.0166482389</pctVal>
        <payoffProfile>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="199937.940000000000"/>
        </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>6600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>103308.3600000000</valUSD>
        <pctVal>0.0061916347</pctVal>
        <payoffProfile>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="3978.290000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nishimatsu Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Nishimatsu Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3659200004"/>
          <ticker value="1820"/>
          <other otherDesc="SEDOL" value="6640983"/>
        </identifiers>
        <balance>42900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1245780.9900000000</valUSD>
        <pctVal>0.0746640525</pctVal>
        <payoffProfile>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="113757.130000000000"/>
        </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>27510.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>567968.7000000000</valUSD>
        <pctVal>0.0340403692</pctVal>
        <payoffProfile>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="116581.680000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Seisen Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Seisen Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3721800005"/>
          <ticker value="5659"/>
          <other otherDesc="SEDOL" value="6642547"/>
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        <balance>3000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>100653.5400000000</valUSD>
        <pctVal>0.0060325220</pctVal>
        <payoffProfile>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="74223.860000000000"/>
        </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"/>
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        <balance>13600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>250891.6700000000</valUSD>
        <pctVal>0.0150368235</pctVal>
        <payoffProfile>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="189373.220000000000"/>
        </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"/>
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        <balance>26100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>170628.9500000000</valUSD>
        <pctVal>0.0102263953</pctVal>
        <payoffProfile>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="95752.970000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Osaka Soda Co Ltd</name>
        <lei>N/A</lei>
        <title>Osaka Soda Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3485900009"/>
          <ticker value="4046"/>
          <other otherDesc="SEDOL" value="6661780"/>
        </identifiers>
        <balance>48000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1302812.6700000000</valUSD>
        <pctVal>0.0780821624</pctVal>
        <payoffProfile>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="813350.330000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hope Corp Ltd</name>
        <lei>254900DHRUGXZSLSNZ83</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>1672651.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>5527462.0800000000</valUSD>
        <pctVal>0.3312803153</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="3832256.400000000000"/>
        </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>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>59169.5800000000</valUSD>
        <pctVal>0.0035462418</pctVal>
        <payoffProfile>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="44241.630000000000"/>
        </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>45500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>665300.4100000000</valUSD>
        <pctVal>0.0398738022</pctVal>
        <payoffProfile>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="349593.610000000000"/>
        </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>1100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>15490.4400000000</valUSD>
        <pctVal>0.0009283968</pctVal>
        <payoffProfile>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="11306.850000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanyo Chemical Industries Ltd</name>
        <lei>N/A</lei>
        <title>Sanyo Chemical Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3337600005"/>
          <ticker value="4471"/>
          <other otherDesc="SEDOL" value="6776800"/>
        </identifiers>
        <balance>13700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>468093.1100000000</valUSD>
        <pctVal>0.0280544725</pctVal>
        <payoffProfile>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="37836.120000000000"/>
        </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>96000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2431703.3600000000</valUSD>
        <pctVal>0.1457405667</pctVal>
        <payoffProfile>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="206635.890000000000"/>
        </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>182600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1706829.5600000000</valUSD>
        <pctVal>0.1022963209</pctVal>
        <payoffProfile>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="1274196.670000000000"/>
        </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>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>8879.5700000000</valUSD>
        <pctVal>0.0005321840</pctVal>
        <payoffProfile>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="6449.520000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toho Titanium Co Ltd</name>
        <lei>N/A</lei>
        <title>Toho Titanium Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3601800000"/>
          <ticker value="5727"/>
          <other otherDesc="SEDOL" value="6894627"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>38017.2800000000</valUSD>
        <pctVal>0.0022785098</pctVal>
        <payoffProfile>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="28646.420000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Rope Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Rope Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3579400007"/>
          <ticker value="5981"/>
          <other otherDesc="SEDOL" value="6895783"/>
        </identifiers>
        <balance>10400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>75181.7300000000</valUSD>
        <pctVal>0.0045059065</pctVal>
        <payoffProfile>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="46850.160000000000"/>
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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>2010699.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>222458.5700000000</valUSD>
        <pctVal>0.0133327274</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="71034.430000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Totech Corp</name>
        <lei>N/A</lei>
        <title>Totech Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595300009"/>
          <ticker value="9960"/>
          <other otherDesc="SEDOL" value="6900096"/>
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        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>53471.3300000000</valUSD>
        <pctVal>0.0032047256</pctVal>
        <payoffProfile>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="36468.520000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Seven West Media Ltd</name>
        <lei>N/A</lei>
        <title>Seven West Media Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SWM4"/>
          <ticker value="SWM"/>
          <other otherDesc="SEDOL" value="6949431"/>
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        <balance>1494140.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>525703.3500000000</valUSD>
        <pctVal>0.0315072576</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="78718.210000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Mount Gibson Iron Ltd</name>
        <lei>254900QOF9A5FW2FHD67</lei>
        <title>Mount Gibson Iron Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MGX7"/>
          <ticker value="MGX"/>
          <other otherDesc="SEDOL" value="6963743"/>
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        <balance>292213.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>84732.8400000000</valUSD>
        <pctVal>0.0050783382</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="64609.830000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Mota-Engil SGPS SA</name>
        <lei>549300L6RR1203WN9F57</lei>
        <title>Mota-Engil SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTMEN0AE0005"/>
          <ticker value="EGL"/>
          <other otherDesc="SEDOL" value="7025471"/>
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        <balance>250341.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>301638.2200000000</valUSD>
        <pctVal>0.0180782434</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="125014.240000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Suominen Oyj</name>
        <lei>743700Z1BNFYR9PRDF52</lei>
        <title>Suominen Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009010862"/>
          <ticker value="SUY1V"/>
          <other otherDesc="SEDOL" value="7051197"/>
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        <balance>39346.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>114408.4800000000</valUSD>
        <pctVal>0.0068569041</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="65951.700000000000"/>
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      <invstOrSec>
        <name>Lassila &amp; Tikanoja Oyj</name>
        <lei>743700Z9Z54VGHZA0028</lei>
        <title>Lassila &amp; Tikanoja Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009010854"/>
          <ticker value="LAT1V"/>
          <other otherDesc="SEDOL" value="7051227"/>
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        <balance>1259.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
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        <pctVal>0.0008109750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="10145.740000000000"/>
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      <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>376681.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3513413.9800000000</valUSD>
        <pctVal>0.2105713027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pine Cliff Energy Ltd</name>
        <lei>N/A</lei>
        <title>Pine Cliff Energy Ltd</title>
        <cusip>722524105</cusip>
        <identifiers>
          <isin value="CA7225241057"/>
          <ticker value="PNE"/>
          <other otherDesc="SEDOL" value="B078C77"/>
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        <balance>138356.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>199103.7000000000</valUSD>
        <pctVal>0.0119329876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="109050.740000000000"/>
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      <invstOrSec>
        <name>Polaris Renewable Energy Inc</name>
        <lei>529900TVRAUXW0I7VZ94</lei>
        <title>Polaris Renewable Energy Inc</title>
        <cusip>73108L101</cusip>
        <identifiers>
          <isin value="CA73108L1013"/>
          <ticker value="PIF"/>
          <other otherDesc="SEDOL" value="BP6JHR1"/>
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        <balance>2900.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>42572.0500000000</valUSD>
        <pctVal>0.0025514932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="29792.550000000000"/>
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      <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"/>
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        <balance>119739.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>527878.1800000000</valUSD>
        <pctVal>0.0316376028</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="309353.040000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>SSR Mining Inc</name>
        <lei>549300JD2KR7AB9DYJ38</lei>
        <title>SSR Mining Inc</title>
        <cusip>784730103</cusip>
        <identifiers>
          <isin value="CA7847301032"/>
          <ticker value="SSRM"/>
          <other otherDesc="SEDOL" value="BF7MPL9"/>
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        <balance>120138.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1621842.4200000000</valUSD>
        <pctVal>0.0972027416</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1229614.640000000000"/>
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      <invstOrSec>
        <name>Sierra Metals Inc</name>
        <lei>9676001YCHZE7AT8VA50</lei>
        <title>Sierra Metals Inc</title>
        <cusip>82639W106</cusip>
        <identifiers>
          <isin value="CA82639W1068"/>
          <ticker value="SMT"/>
          <other otherDesc="SEDOL" value="B83BRQ0"/>
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        <balance>3100.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1392.6200000000</valUSD>
        <pctVal>0.0000834646</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="1063.290000000000"/>
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      </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"/>
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        <balance>2722.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>27067.6700000000</valUSD>
        <pctVal>0.0016222610</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="14255.040000000000"/>
        </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"/>
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        <balance>791157.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2524039.9200000000</valUSD>
        <pctVal>0.1512746227</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="1535974.210000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taseko Mines Ltd</name>
        <lei>549300XKUO1JSLU7KX54</lei>
        <title>Taseko Mines Ltd</title>
        <cusip>876511106</cusip>
        <identifiers>
          <isin value="CA8765111064"/>
          <ticker value="TKO"/>
          <other otherDesc="SEDOL" value="2873006"/>
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        <balance>422528.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>440753.3100000000</valUSD>
        <pctVal>0.0264159018</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="302618.510000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>TransGlobe Energy Corp</name>
        <lei>549300QMNS6BDY8UUB03</lei>
        <title>TransGlobe Energy Corp</title>
        <cusip>893662106</cusip>
        <identifiers>
          <isin value="CA8936621066"/>
          <ticker value="TGL"/>
          <other otherDesc="SEDOL" value="2470548"/>
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        <balance>62926.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>208898.8900000000</valUSD>
        <pctVal>0.0125200479</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="48403.800000000000"/>
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      </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"/>
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        <balance>42171.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>681363.4000000000</valUSD>
        <pctVal>0.0408365139</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="137482.330000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>CMBC Capital Holdings Ltd</name>
        <lei>N/A</lei>
        <title>CMBC Capital Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2233G2014"/>
          <ticker value="1141"/>
          <other otherDesc="SEDOL" value="BN44SV5"/>
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        <balance>1387000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>299857.0400000000</valUSD>
        <pctVal>0.0179714910</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="86486.600000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>QT Group Oyj</name>
        <lei>743700GO2XU2ZYYDKW67</lei>
        <title>QT Group Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000198031"/>
          <ticker value="QTCOM"/>
          <other otherDesc="SEDOL" value="BYZQHX2"/>
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        <balance>7811.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>396022.2300000000</valUSD>
        <pctVal>0.0237350103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="214386.720000000000"/>
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      <invstOrSec>
        <name>Dyna-Mac Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Dyna-Mac Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2C93967918"/>
          <ticker value="DMHL"/>
          <other otherDesc="SEDOL" value="B3N8302"/>
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        <balance>717900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>101301.2400000000</valUSD>
        <pctVal>0.0060713409</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="14090.050000000000"/>
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      <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"/>
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        <balance>22650.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>2539227.5500000000</valUSD>
        <pctVal>0.1521848709</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="134144.530000000000"/>
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      <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"/>
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        <balance>72792.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>278007.3700000000</valUSD>
        <pctVal>0.0166619631</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="212735.200000000000"/>
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      <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"/>
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        <balance>4106478.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>747144.0200000000</valUSD>
        <pctVal>0.0447789787</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="166464.740000000000"/>
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      <invstOrSec>
        <name>Fincantieri SpA</name>
        <lei>8156005BDF49128B6239</lei>
        <title>Fincantieri SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001415246"/>
          <ticker value="FCT"/>
          <other otherDesc="SEDOL" value="BNG63V4"/>
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        <balance>1970690.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>987959.1900000000</valUSD>
        <pctVal>0.0592118819</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="658328.180000000000"/>
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      <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"/>
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        <balance>12800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>336598.7200000000</valUSD>
        <pctVal>0.0201735495</pctVal>
        <payoffProfile>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="193022.480000000000"/>
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      <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"/>
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        <balance>97198.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
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        <pctVal>0.0933757412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>73400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>322986.2900000000</valUSD>
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        <payoffProfile>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="119758.060000000000"/>
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      <invstOrSec>
        <name>Aztech Global Ltd</name>
        <lei>N/A</lei>
        <title>Aztech Global Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE54866863"/>
          <ticker value="AZTECH"/>
          <other otherDesc="SEDOL" value="BMFZSZ4"/>
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        <balance>10000.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tess Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Tess Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545270005"/>
          <ticker value="5074"/>
          <other otherDesc="SEDOL" value="BN486H9"/>
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        <balance>12800.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Webuild SpA</name>
        <lei>N/A</lei>
        <title>Webuild SpA</title>
        <cusip>N/A</cusip>
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          <isin value="IT0005454423"/>
          <ticker value="WEB-CW30"/>
          <other otherDesc="SEDOL" value="BM9STB2"/>
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        <balance>35053.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
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            <putOrCall>Call</putOrCall>
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            <shareNo>35053</shareNo>
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      <invstOrSec>
        <name>Magellan Financial Group Ltd</name>
        <lei>N/A</lei>
        <title>Magellan Financial Group Ltd</title>
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          <isin value="AU0000215808"/>
          <ticker value="MFGO"/>
          <other otherDesc="SEDOL" value="BQ3SBX2"/>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
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            <shareNo>7122</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>3386.8900000000</unrealizedAppr>
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      <invstOrSec>
        <name>Saipem SpA</name>
        <lei>549300PHV8MBDHWB8X12</lei>
        <title>Saipem SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005495657"/>
          <ticker value="SPM"/>
          <other otherDesc="SEDOL" value="BMY36H7"/>
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        <balance>3274801.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1807963.830000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Magellan Financial Group Ltd</name>
        <lei>549300X5WFW6USQQ9U26</lei>
        <title>Magellan Financial Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MFG4"/>
          <ticker value="MFG"/>
          <other otherDesc="SEDOL" value="B015YX4"/>
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        <balance>335827.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2948060.3200000000</valUSD>
        <pctVal>0.1766876621</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="1767222.480000000000"/>
        </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>483550.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>3454096.6100000000</valUSD>
        <pctVal>0.2070162033</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="2577875.270000000000"/>
        </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>453600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1617674.4400000000</valUSD>
        <pctVal>0.0969529398</pctVal>
        <payoffProfile>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="1209953.420000000000"/>
        </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>503300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>7752944.6200000000</valUSD>
        <pctVal>0.4646613402</pctVal>
        <payoffProfile>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="2383330.000000000000"/>
        </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"/>
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        <balance>68174.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>52913.8800000000</valUSD>
        <pctVal>0.0031713156</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="7774.440000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Service Stream Ltd</name>
        <lei>N/A</lei>
        <title>Service Stream Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SSM2"/>
          <ticker value="SSM"/>
          <other otherDesc="SEDOL" value="B04KLG8"/>
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        <balance>422893.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>209593.7000000000</valUSD>
        <pctVal>0.0125616903</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="145194.570000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kongsberg Automotive ASA</name>
        <lei>5967007LIEEXZXJDCG21</lei>
        <title>Kongsberg Automotive ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003033102"/>
          <ticker value="KOA"/>
          <other otherDesc="SEDOL" value="B04VNK9"/>
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        <balance>1245534.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>317181.8100000000</valUSD>
        <pctVal>0.0190098256</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="233271.260000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Atresmedia Corp de Medios de Comunicacion SA</name>
        <lei>95980020140005491929</lei>
        <title>Atresmedia Corp de Medios de Comunicacion SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0109427734"/>
          <ticker value="A3M"/>
          <other otherDesc="SEDOL" value="B07VZ99"/>
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        <balance>169927.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>465361.2900000000</valUSD>
        <pctVal>0.0278907449</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="51544.510000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deoleo SA</name>
        <lei>95980020140005319366</lei>
        <title>Deoleo SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0110047919"/>
          <ticker value="OLE"/>
          <other otherDesc="SEDOL" value="B091DR1"/>
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        <balance>356161.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>102097.1400000000</valUSD>
        <pctVal>0.0061190420</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="68063.380000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Webuild SpA</name>
        <lei>549300UKR289DF4UXQ47</lei>
        <title>Webuild SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003865570"/>
          <ticker value="WBD"/>
          <other otherDesc="SEDOL" value="B09MRX8"/>
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        <balance>2964208.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4162859.4700000000</valUSD>
        <pctVal>0.2494948636</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="3046234.420000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>ISDN Holdings Ltd</name>
        <lei>254900AT7BBV3IUAY650</lei>
        <title>ISDN Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S48927937"/>
          <ticker value="ISDN"/>
          <other otherDesc="SEDOL" value="B0LNJG6"/>
        </identifiers>
        <balance>2016400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>682972.9900000000</valUSD>
        <pctVal>0.0409329823</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="83001.610000000000"/>
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      </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>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>61712.4900000000</valUSD>
        <pctVal>0.0036986474</pctVal>
        <payoffProfile>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="45515.830000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>YIT Oyj</name>
        <lei>529900M13GM4VSTE6W80</lei>
        <title>YIT Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009800643"/>
          <ticker value="YIT"/>
          <other otherDesc="SEDOL" value="B11BQV1"/>
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        <balance>560254.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1833305.2800000000</valUSD>
        <pctVal>0.1098764573</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="494348.450000000000"/>
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      <invstOrSec>
        <name>Kaufman &amp; Broad SA</name>
        <lei>969500CE0X343D8ALO86</lei>
        <title>Kaufman &amp; Broad SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004007813"/>
          <ticker value="KOF"/>
          <other otherDesc="SEDOL" value="B138HB7"/>
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        <balance>15062.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>356714.9600000000</valUSD>
        <pctVal>0.0213791868</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="259419.420000000000"/>
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      </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"/>
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        <balance>25087.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>144116.2900000000</valUSD>
        <pctVal>0.0086373980</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="94874.340000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Jiutian Chemical Group Ltd</name>
        <lei>N/A</lei>
        <title>Jiutian Chemical Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1V71937527"/>
          <ticker value="JIUC"/>
          <other otherDesc="SEDOL" value="B13ZG99"/>
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        <balance>9280000.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>615410.5300000000</valUSD>
        <pctVal>0.0368837256</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="21285.270000000000"/>
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      <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"/>
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        <balance>103000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>843138.5700000000</valUSD>
        <pctVal>0.0505322709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="634867.450000000000"/>
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      <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>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>21243.3100000000</valUSD>
        <pctVal>0.0012731866</pctVal>
        <payoffProfile>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="15425.810000000000"/>
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      </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"/>
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        <balance>111800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>613412.4000000000</valUSD>
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        <payoffProfile>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="175694.860000000000"/>
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      <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"/>
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        <balance>23843.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>393386.6400000000</valUSD>
        <pctVal>0.0235770501</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="272059.790000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Riverstone Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Riverstone Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U22933048"/>
          <ticker value="RSTON"/>
          <other otherDesc="SEDOL" value="B1G16Z0"/>
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        <balance>3181800.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>1640319.2700000000</valUSD>
        <pctVal>0.0983101244</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="308979.790000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Innate Pharma SA</name>
        <lei>9695002Y8420ZB8HJE29</lei>
        <title>Innate Pharma SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010331421"/>
          <ticker value="IPH"/>
          <other otherDesc="SEDOL" value="B1G5FB1"/>
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        <balance>90846.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>242781.8900000000</valUSD>
        <pctVal>0.0145507757</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="182780.260000000000"/>
        </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>4034085.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>3283366.5000000000</valUSD>
        <pctVal>0.1967837451</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="387077.860000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBC Ancora</name>
        <lei>549300I4XZ0RR3ZOSZ55</lei>
        <title>KBC Ancora</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003867844"/>
          <ticker value="KBCA"/>
          <other otherDesc="SEDOL" value="B1YWXY3"/>
        </identifiers>
        <balance>124325.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4092914.9300000000</valUSD>
        <pctVal>0.2453028404</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="473063.070000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J Front Retailing Co Ltd</name>
        <lei>N/A</lei>
        <title>J Front Retailing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386380004"/>
          <ticker value="3086"/>
          <other otherDesc="SEDOL" value="B23TC12"/>
        </identifiers>
        <balance>646200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5121450.4300000000</valUSD>
        <pctVal>0.3069466038</pctVal>
        <payoffProfile>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="3320118.640000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Value Partners Group Ltd</name>
        <lei>549300RYVTCSHFKXHB81</lei>
        <title>Value Partners Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG931751005"/>
          <ticker value="806"/>
          <other otherDesc="SEDOL" value="B28XTQ3"/>
        </identifiers>
        <balance>1576000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>462245.2800000000</valUSD>
        <pctVal>0.0277039914</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="347869.190000000000"/>
        </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>61158.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1508365.3800000000</valUSD>
        <pctVal>0.0904016620</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="160730.810000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRC Ltd</name>
        <lei>N/A</lei>
        <title>IRC Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000068244"/>
          <ticker value="1029"/>
          <other otherDesc="SEDOL" value="B3ND017"/>
        </identifiers>
        <balance>4792000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>82205.8800000000</valUSD>
        <pctVal>0.0049268886</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="61815.360000000000"/>
        </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>7810.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>74126.7400000000</valUSD>
        <pctVal>0.0044426772</pctVal>
        <payoffProfile>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="55332.890000000000"/>
        </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>400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5961.9700000000</valUSD>
        <pctVal>0.0003573219</pctVal>
        <payoffProfile>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="4502.740000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tesmec SpA</name>
        <lei>81560069957E4ACDD336</lei>
        <title>Tesmec SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004585243"/>
          <ticker value="TES"/>
          <other otherDesc="SEDOL" value="B62QZS0"/>
        </identifiers>
        <balance>1690861.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>215686.8400000000</valUSD>
        <pctVal>0.0129268737</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="152529.680000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PC Partner Group Ltd</name>
        <lei>N/A</lei>
        <title>PC Partner Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6956A1013"/>
          <ticker value="1263"/>
          <other otherDesc="SEDOL" value="B6RRLG8"/>
        </identifiers>
        <balance>1550000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>1473582.8100000000</valUSD>
        <pctVal>0.0883170198</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="1100863.620000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tama Home Co Ltd</name>
        <lei>N/A</lei>
        <title>Tama Home Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3470900006"/>
          <ticker value="1419"/>
          <other otherDesc="SEDOL" value="B7TV4G6"/>
        </identifiers>
        <balance>56600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>954252.8000000000</valUSD>
        <pctVal>0.0571917390</pctVal>
        <payoffProfile>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="15270.730000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novacyt SA</name>
        <lei>213800BWAC2BF295EG28</lei>
        <title>Novacyt SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010397232"/>
          <ticker value="ALNOV"/>
          <other otherDesc="SEDOL" value="B8QCPL1"/>
        </identifiers>
        <balance>242631.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>288384.3900000000</valUSD>
        <pctVal>0.0172838945</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="39279.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geo Energy Resources Ltd</name>
        <lei>254900KDTNYQVU0QS743</lei>
        <title>Geo Energy Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2F24986083"/>
          <ticker value="GERL"/>
          <other otherDesc="SEDOL" value="B8QXRM9"/>
        </identifiers>
        <balance>4567500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>1254376.7900000000</valUSD>
        <pctVal>0.0751792292</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="483463.350000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maire Tecnimont SpA</name>
        <lei>815600D85A61200A1B83</lei>
        <title>Maire Tecnimont SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004931058"/>
          <ticker value="MT"/>
          <other otherDesc="SEDOL" value="BBGTNT7"/>
        </identifiers>
        <balance>939467.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2384184.2600000000</valUSD>
        <pctVal>0.1428925792</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1779040.840000000000"/>
        </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"/>
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        <balance>150402.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2364412.9700000000</valUSD>
        <pctVal>0.1417076160</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="306700.760000000000"/>
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      </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>33946.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>95669.3600000000</valUSD>
        <pctVal>0.0057338025</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="72001.160000000000"/>
        </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"/>
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        <balance>107389.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>123707.5300000000</valUSD>
        <pctVal>0.0074142290</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="80474.310000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Admicom Oyj</name>
        <lei>743700T7K2K149J4GB17</lei>
        <title>Admicom Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000251830"/>
          <ticker value="ADMCM"/>
          <other otherDesc="SEDOL" value="BDZW7H7"/>
        </identifiers>
        <balance>98.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5708.3700000000</valUSD>
        <pctVal>0.0003421228</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="4162.890000000000"/>
        </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"/>
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        <balance>129561.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1410191.2100000000</valUSD>
        <pctVal>0.0845177374</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="70603.640000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>2020 Bulkers Ltd</name>
        <lei>549300402C8KQEW78U64</lei>
        <title>2020 Bulkers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG9156K1018"/>
          <ticker value="2020"/>
          <other otherDesc="SEDOL" value="BF5BLM1"/>
        </identifiers>
        <balance>30242.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>269258.2100000000</valUSD>
        <pctVal>0.0161375950</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="136294.160000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Time Interconnect Technology Ltd</name>
        <lei>N/A</lei>
        <title>Time Interconnect Technology Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8879R1048"/>
          <ticker value="1729"/>
          <other otherDesc="SEDOL" value="BF5BQF9"/>
        </identifiers>
        <balance>424000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>122702.1000000000</valUSD>
        <pctVal>0.0073539700</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="75934.080000000000"/>
        </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>255358.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>831768.2400000000</valUSD>
        <pctVal>0.0498508069</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="147426.390000000000"/>
        </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="1.4614540000"/>
        <valUSD>15945.5300000000</valUSD>
        <pctVal>0.0009556719</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="11848.780000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puuilo Oyj</name>
        <lei>743700UJUT6FWHBXPR69</lei>
        <title>Puuilo Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000507124"/>
          <ticker value="PUUILO"/>
          <other otherDesc="SEDOL" value="BL979V2"/>
        </identifiers>
        <balance>160514.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>765575.6500000000</valUSD>
        <pctVal>0.0458836513</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="566887.790000000000"/>
        </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>53826.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>200368.6400000000</valUSD>
        <pctVal>0.0120087999</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="121720.840000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sierra Rutile Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Sierra Rutile Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000232480"/>
          <ticker value="SRX"/>
          <other otherDesc="SEDOL" value="BLR63X1"/>
        </identifiers>
        <balance>865486.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>177662.6600000000</valUSD>
        <pctVal>0.0106479504</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="133509.770000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gurit Holding AG</name>
        <lei>529900VOD3V5IBEW8G44</lei>
        <title>Gurit Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1173567111"/>
          <ticker value="GURN"/>
          <other otherDesc="SEDOL" value="BM8J4W2"/>
        </identifiers>
        <balance>8294.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>868264.8700000000</valUSD>
        <pctVal>0.0520381788</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="653534.450000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MFE-MediaForEurope NV</name>
        <lei>N/A</lei>
        <title>MFE-MediaForEurope NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015000MZ1"/>
          <ticker value="MFEA"/>
          <other otherDesc="SEDOL" value="BMFL6H0"/>
        </identifiers>
        <balance>3017628.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1280079.6400000000</valUSD>
        <pctVal>0.0767196917</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="22421.520000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capricorn Energy PLC</name>
        <lei>213800ZJEUQ8ZOC9AL24</lei>
        <title>Capricorn Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BN0SMB92"/>
          <ticker value="CNE"/>
          <other otherDesc="SEDOL" value="BN0SMB9"/>
        </identifiers>
        <balance>330167.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>889920.1700000000</valUSD>
        <pctVal>0.0533360573</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="64566.630000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Humm Group Ltd</name>
        <lei>N/A</lei>
        <title>Humm Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000121337"/>
          <ticker value="HUM"/>
          <other otherDesc="SEDOL" value="BN4KQK8"/>
        </identifiers>
        <balance>498202.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>181506.3400000000</valUSD>
        <pctVal>0.0108783157</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="136863.760000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FACC AG</name>
        <lei>52990021YEMY298JY727</lei>
        <title>FACC AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT00000FACC2"/>
          <ticker value="FACC"/>
          <other otherDesc="SEDOL" value="BN796M4"/>
        </identifiers>
        <balance>15577.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>110215.5800000000</valUSD>
        <pctVal>0.0066056088</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="83814.590000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MFE-MediaForEurope NV</name>
        <lei>213800DIFN7NR7B97A50</lei>
        <title>MFE-MediaForEurope NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015000N09"/>
          <ticker value="MFEB"/>
          <other otherDesc="SEDOL" value="BNM57X5"/>
        </identifiers>
        <balance>834408.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>485381.3900000000</valUSD>
        <pctVal>0.0290906202</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="81959.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>29Metals Ltd</name>
        <lei>N/A</lei>
        <title>29Metals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000157067"/>
          <ticker value="29M"/>
          <other otherDesc="SEDOL" value="BNNVRL0"/>
        </identifiers>
        <balance>388736.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>526591.2000000000</valUSD>
        <pctVal>0.0315604696</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="401774.980000000000"/>
        </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>2065800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>886279.8700000000</valUSD>
        <pctVal>0.0531178813</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="198711.470000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Hoist Finance AB</name>
        <lei>549300NPK3FB2BEL4D08</lei>
        <title>Hoist Finance AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006887063"/>
          <ticker value="HOFI"/>
          <other otherDesc="SEDOL" value="BVFZND0"/>
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        <balance>190033.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>575340.0200000000</valUSD>
        <pctVal>0.0344821584</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="276221.860000000000"/>
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      </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"/>
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        <balance>8800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>47876.6800000000</valUSD>
        <pctVal>0.0028694184</pctVal>
        <payoffProfile>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="13682.870000000000"/>
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      </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"/>
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        <balance>2254121.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3408437.3400000000</valUSD>
        <pctVal>0.2042796821</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1158526.880000000000"/>
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      </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"/>
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        <balance>89228.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>854054.9600000000</valUSD>
        <pctVal>0.0511865287</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="123083.440000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Medy Co Ltd</name>
        <lei>N/A</lei>
        <title>Mizuho Medy Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3885900005"/>
          <ticker value="4595"/>
          <other otherDesc="SEDOL" value="BYYHLR8"/>
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        <balance>19300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>413708.9300000000</valUSD>
        <pctVal>0.0247950366</pctVal>
        <payoffProfile>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="145417.790000000000"/>
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      </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>8436.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>12999.2900000000</valUSD>
        <pctVal>0.0007790933</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="9846.780000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aucnet Inc</name>
        <lei>N/A</lei>
        <title>Aucnet Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3172060000"/>
          <ticker value="3964"/>
          <other otherDesc="SEDOL" value="BYZ8GD1"/>
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        <balance>7500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>116314.7700000000</valUSD>
        <pctVal>0.0069711548</pctVal>
        <payoffProfile>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="29744.650000000000"/>
        </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>353519.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1062377.1900000000</valUSD>
        <pctVal>0.0636720154</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="150809.740000000000"/>
        </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>300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1758.7500000000</valUSD>
        <pctVal>0.0001054081</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="1321.630000000000"/>
        </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>42484471.1300000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42484471.1300000000</valUSD>
        <pctVal>2.5462443317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="42484471.130000000000" isCashCollateral="Y"/>
          <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>822100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>6244530.4100000000</valUSD>
        <pctVal>0.3742567517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>51600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3465100.6200000000</valUSD>
        <pctVal>0.2076757125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1186.7500000000</valUSD>
        <pctVal>0.0000711261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Krosaki Harima Corp</name>
        <lei>N/A</lei>
        <title>Krosaki Harima Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3272400007"/>
          <ticker value="5352"/>
          <other otherDesc="SEDOL" value="6498007"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>6772.1900000000</valUSD>
        <pctVal>0.0004058813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyodo Printing Co Ltd</name>
        <lei>3538003A42CQ4FMGD451</lei>
        <title>Kyodo Printing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3252800002"/>
          <ticker value="7914"/>
          <other otherDesc="SEDOL" value="6498308"/>
        </identifiers>
        <balance>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>46751.4800000000</valUSD>
        <pctVal>0.0028019812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyokuto Kaihatsu Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Kyokuto Kaihatsu Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3256900006"/>
          <ticker value="7226"/>
          <other otherDesc="SEDOL" value="6499088"/>
        </identifiers>
        <balance>16400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>160938.1000000000</valUSD>
        <pctVal>0.0096455885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXEO Group Inc</name>
        <lei>N/A</lei>
        <title>EXEO Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3254200003"/>
          <ticker value="1951"/>
          <other otherDesc="SEDOL" value="6499420"/>
        </identifiers>
        <balance>226600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3476589.9700000000</valUSD>
        <pctVal>0.2083643098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1189172.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1964815.3500000000</valUSD>
        <pctVal>0.1177583200</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>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>29700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>879992.1300000000</valUSD>
        <pctVal>0.0527410349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>19300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>112762.6500000000</valUSD>
        <pctVal>0.0067582637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1348000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>891187.2600000000</valUSD>
        <pctVal>0.0534119985</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>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>19100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>226831.3600000000</valUSD>
        <pctVal>0.0135948042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tomen Devices Corp</name>
        <lei>N/A</lei>
        <title>Tomen Devices Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3553900006"/>
          <ticker value="2737"/>
          <other otherDesc="SEDOL" value="6530299"/>
        </identifiers>
        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>89217.4100000000</valUSD>
        <pctVal>0.0053471143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Luk Fook Holdings International Ltd</name>
        <lei>N/A</lei>
        <title>Luk Fook Holdings International Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5695X1258"/>
          <ticker value="590"/>
          <other otherDesc="SEDOL" value="6536156"/>
        </identifiers>
        <balance>107000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>273520.8700000000</valUSD>
        <pctVal>0.0163930713</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>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>4000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>8741.9500000000</valUSD>
        <pctVal>0.0005239359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </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"/>
        </identifiers>
        <balance>3100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>14119.2000000000</valUSD>
        <pctVal>0.0008462135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="1.4614540000"/>
        <valUSD>40857.6100000000</valUSD>
        <pctVal>0.0024487408</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>Makino Milling Machine Co Ltd</name>
        <lei>353800JAOIGQ7V5T9078</lei>
        <title>Makino Milling Machine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3862800004"/>
          <ticker value="6135"/>
          <other otherDesc="SEDOL" value="6555708"/>
        </identifiers>
        <balance>76300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2407665.7500000000</valUSD>
        <pctVal>0.1442999078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Micronics Japan Co Ltd</name>
        <lei>N/A</lei>
        <title>Micronics Japan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3750400008"/>
          <ticker value="6871"/>
          <other otherDesc="SEDOL" value="6567305"/>
        </identifiers>
        <balance>55100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>564424.2200000000</valUSD>
        <pctVal>0.0338279360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>12500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>285435.2500000000</valUSD>
        <pctVal>0.0171071422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>3700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>27088.1100000000</valUSD>
        <pctVal>0.0016234861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>58769.5500000000</valUSD>
        <pctVal>0.0035222666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meisei Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Meisei Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3918200001"/>
          <ticker value="1976"/>
          <other otherDesc="SEDOL" value="6576323"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>20437.8000000000</valUSD>
        <pctVal>0.0012249095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>76658.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1765731.6900000000</valUSD>
        <pctVal>0.1058265335</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>Fuji Oil Co Ltd</name>
        <lei>3538007LG6U9IRDMI062</lei>
        <title>Fuji Oil Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160300004"/>
          <ticker value="5017"/>
          <other otherDesc="SEDOL" value="6581361"/>
        </identifiers>
        <balance>11300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>30154.4100000000</valUSD>
        <pctVal>0.0018072602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 City Ltd</name>
        <lei>213800EO12XXGZSQ2A73</lei>
        <title>G City Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0001260111"/>
          <ticker value="GCT"/>
          <other otherDesc="SEDOL" value="6585396"/>
        </identifiers>
        <balance>93940.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>611475.0400000000</valUSD>
        <pctVal>0.0366478578</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>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>2844137.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1548829.7300000000</valUSD>
        <pctVal>0.0928268333</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>11300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>477276.2800000000</valUSD>
        <pctVal>0.0286048523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fields Corp</name>
        <lei>N/A</lei>
        <title>Fields Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802680003"/>
          <ticker value="2767"/>
          <other otherDesc="SEDOL" value="6591478"/>
        </identifiers>
        <balance>41500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>402144.1100000000</valUSD>
        <pctVal>0.0241019161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credit Saison Co Ltd</name>
        <lei>529900SV58ZWTGRH3A66</lei>
        <title>Credit Saison Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3271400008"/>
          <ticker value="8253"/>
          <other otherDesc="SEDOL" value="6591809"/>
        </identifiers>
        <balance>656800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>8263130.0300000000</valUSD>
        <pctVal>0.4952385529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>44900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>682819.2300000000</valUSD>
        <pctVal>0.0409237669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsuba Corp</name>
        <lei>N/A</lei>
        <title>Mitsuba Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3895200008"/>
          <ticker value="7280"/>
          <other otherDesc="SEDOL" value="6596387"/>
        </identifiers>
        <balance>58600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>186245.8100000000</valUSD>
        <pctVal>0.0111623689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Steel Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsubishi Steel Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3900800008"/>
          <ticker value="5632"/>
          <other otherDesc="SEDOL" value="6597205"/>
        </identifiers>
        <balance>26000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>193062.8400000000</valUSD>
        <pctVal>0.0115709375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Mitsui Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Mitsui Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3889200006"/>
          <ticker value="1821"/>
          <other otherDesc="SEDOL" value="6597249"/>
        </identifiers>
        <balance>111900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>372789.0500000000</valUSD>
        <pctVal>0.0223425638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>233900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5523688.9600000000</valUSD>
        <pctVal>0.3310541789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>60100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1350177.8200000000</valUSD>
        <pctVal>0.0809209231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>75800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1832095.5500000000</valUSD>
        <pctVal>0.1098039539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mizuno Corp</name>
        <lei>353800HVH84K5YH37819</lei>
        <title>Mizuno Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3905200006"/>
          <ticker value="8022"/>
          <other otherDesc="SEDOL" value="6597960"/>
        </identifiers>
        <balance>38500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>740740.1200000000</valUSD>
        <pctVal>0.0443951703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ulvac Inc</name>
        <lei>N/A</lei>
        <title>Ulvac Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126190002"/>
          <ticker value="6728"/>
          <other otherDesc="SEDOL" value="6599483"/>
        </identifiers>
        <balance>50300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1950440.2400000000</valUSD>
        <pctVal>0.1168967689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>88466.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>789574.9100000000</valUSD>
        <pctVal>0.0473220117</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 HOLON Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>A&amp;D HOLON Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160130005"/>
          <ticker value="7745"/>
          <other otherDesc="SEDOL" value="6601388"/>
        </identifiers>
        <balance>4200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>28754.9700000000</valUSD>
        <pctVal>0.0017233869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>101100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3091164.3000000000</valUSD>
        <pctVal>0.1852643888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singapore Post Ltd</name>
        <lei>2549001SP50468BWD892</lei>
        <title>Singapore Post Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1N89910219"/>
          <ticker value="SPOST"/>
          <other otherDesc="SEDOL" value="6609478"/>
        </identifiers>
        <balance>2063100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>855205.1100000000</valUSD>
        <pctVal>0.0512554613</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>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>17300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>210871.3400000000</valUSD>
        <pctVal>0.0126382638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>96200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1938156.5700000000</valUSD>
        <pctVal>0.1161605652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NHK Spring Co Ltd</name>
        <lei>35380033IJ3XRDV8VH57</lei>
        <title>NHK Spring Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3742600004"/>
          <ticker value="5991"/>
          <other otherDesc="SEDOL" value="6619648"/>
        </identifiers>
        <balance>221800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1498034.9800000000</valUSD>
        <pctVal>0.0897825247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nagase &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Nagase &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3647800006"/>
          <ticker value="8012"/>
          <other otherDesc="SEDOL" value="6619820"/>
        </identifiers>
        <balance>4200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>60273.4900000000</valUSD>
        <pctVal>0.0036124030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>55500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1505831.4800000000</valUSD>
        <pctVal>0.0902497964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Nagoya Ltd/The</name>
        <lei>353800P9H4582TP8FA91</lei>
        <title>Bank of Nagoya Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3648800005"/>
          <ticker value="8522"/>
          <other otherDesc="SEDOL" value="6620093"/>
        </identifiers>
        <balance>15700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>349196.7800000000</valUSD>
        <pctVal>0.0209285957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nanto Bank Ltd/The</name>
        <lei>353800923E4YW3IDES52</lei>
        <title>Nanto Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3653400006"/>
          <ticker value="8367"/>
          <other otherDesc="SEDOL" value="6621524"/>
        </identifiers>
        <balance>7100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>100062.6400000000</valUSD>
        <pctVal>0.0059971073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="3.3313000000"/>
        <valUSD>65011.0100000000</valUSD>
        <pctVal>0.0038963393</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>Neturen Co Ltd</name>
        <lei>N/A</lei>
        <title>Neturen Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3288200003"/>
          <ticker value="5976"/>
          <other otherDesc="SEDOL" value="6629540"/>
        </identifiers>
        <balance>10700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>52728.4600000000</valUSD>
        <pctVal>0.0031602027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North West Co Inc/The</name>
        <lei>N/A</lei>
        <title>North West Co Inc/The</title>
        <cusip>663278208</cusip>
        <identifiers>
          <isin value="CA6632782083"/>
          <ticker value="NWC"/>
          <other otherDesc="SEDOL" value="BZ3FZR8"/>
        </identifiers>
        <balance>14.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>362.9600000000</valUSD>
        <pctVal>0.0000217535</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>Channel Infrastructure NZ Ltd</name>
        <lei>N/A</lei>
        <title>Channel Infrastructure NZ Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZNZRE0001S9"/>
          <ticker value="CHI"/>
          <other otherDesc="SEDOL" value="6634522"/>
        </identifiers>
        <balance>201543.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>166462.3700000000</valUSD>
        <pctVal>0.0099766775</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>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>70100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1462487.6500000000</valUSD>
        <pctVal>0.0876520477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>45900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>914683.7300000000</valUSD>
        <pctVal>0.0548202249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>33200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>324514.9400000000</valUSD>
        <pctVal>0.0194493259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Dempa Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Dempa Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3737800007"/>
          <ticker value="6779"/>
          <other otherDesc="SEDOL" value="6639442"/>
        </identifiers>
        <balance>68000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>738927.5300000000</valUSD>
        <pctVal>0.0442865354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>8153.1900000000</valUSD>
        <pctVal>0.0004886495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>8000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>121084.3400000000</valUSD>
        <pctVal>0.0072570119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Densetsu Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Densetsu Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3736200001"/>
          <ticker value="1950"/>
          <other otherDesc="SEDOL" value="6640325"/>
        </identifiers>
        <balance>70200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>903263.3000000000</valUSD>
        <pctVal>0.0541357582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Chemi-Con Corp</name>
        <lei>N/A</lei>
        <title>Nippon Chemi-Con Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3701200002"/>
          <ticker value="6997"/>
          <other otherDesc="SEDOL" value="6640358"/>
        </identifiers>
        <balance>73300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>960672.3500000000</valUSD>
        <pctVal>0.0575764853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>24100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>63970.0000000000</valUSD>
        <pctVal>0.0038339479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Soda Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Soda Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3726200003"/>
          <ticker value="4041"/>
          <other otherDesc="SEDOL" value="6640585"/>
        </identifiers>
        <balance>29900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>988722.7400000000</valUSD>
        <pctVal>0.0592576442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippn Corp</name>
        <lei>353800V7HRZ1HQGJCW63</lei>
        <title>Nippn Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3723000000"/>
          <ticker value="2001"/>
          <other otherDesc="SEDOL" value="6640745"/>
        </identifiers>
        <balance>33900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>382346.2900000000</valUSD>
        <pctVal>0.0229153629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>996400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4077315.4200000000</valUSD>
        <pctVal>0.2443679067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nittetsu Mining Co Ltd</name>
        <lei>213800HBRWZK44PCU381</lei>
        <title>Nittetsu Mining Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3680800004"/>
          <ticker value="1515"/>
          <other otherDesc="SEDOL" value="6641027"/>
        </identifiers>
        <balance>10000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>442840.3200000000</valUSD>
        <pctVal>0.0265409837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Pillar Packing Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Pillar Packing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3747800005"/>
          <ticker value="6490"/>
          <other otherDesc="SEDOL" value="6641135"/>
        </identifiers>
        <balance>32900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>612380.1700000000</valUSD>
        <pctVal>0.0367021054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nichias Corp</name>
        <lei>N/A</lei>
        <title>Nichias Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3660400007"/>
          <ticker value="5393"/>
          <other otherDesc="SEDOL" value="6641146"/>
        </identifiers>
        <balance>119200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2058520.8400000000</valUSD>
        <pctVal>0.1233744208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Noritake Co Ltd/Nagoya Japan</name>
        <lei>N/A</lei>
        <title>Noritake Co Ltd/Nagoya Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3763000001"/>
          <ticker value="5331"/>
          <other otherDesc="SEDOL" value="6641522"/>
        </identifiers>
        <balance>4900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>147279.7700000000</valUSD>
        <pctVal>0.0088269965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>446200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3632625.8400000000</valUSD>
        <pctVal>0.2177160903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>24600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>262158.3700000000</valUSD>
        <pctVal>0.0157120766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>32100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>417424.8500000000</valUSD>
        <pctVal>0.0250177448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>104200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1763786.2100000000</valUSD>
        <pctVal>0.1057099340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>26100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>668365.0200000000</valUSD>
        <pctVal>0.0400574751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>237400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2109944.8800000000</valUSD>
        <pctVal>0.1264564451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>12414.3000000000</valUSD>
        <pctVal>0.0007440328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>250000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4708234.5200000000</valUSD>
        <pctVal>0.2821811156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissan Shatai Co Ltd</name>
        <lei>N/A</lei>
        <title>Nissan Shatai Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3672000001"/>
          <ticker value="7222"/>
          <other otherDesc="SEDOL" value="6642901"/>
        </identifiers>
        <balance>18000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>99466.7500000000</valUSD>
        <pctVal>0.0059613935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nisshinbo Holdings Inc</name>
        <lei>N/A</lei>
        <title>Nisshinbo Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3678000005"/>
          <ticker value="3105"/>
          <other otherDesc="SEDOL" value="6642923"/>
        </identifiers>
        <balance>381500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2952234.1200000000</valUSD>
        <pctVal>0.1769378127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>648.3100000000</valUSD>
        <pctVal>0.0000388555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Thompson Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Thompson Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3739400004"/>
          <ticker value="6480"/>
          <other otherDesc="SEDOL" value="6643562"/>
        </identifiers>
        <balance>97400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>400010.4100000000</valUSD>
        <pctVal>0.0239740360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valqua Ltd</name>
        <lei>N/A</lei>
        <title>Valqua Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3744200001"/>
          <ticker value="7995"/>
          <other otherDesc="SEDOL" value="6643625"/>
        </identifiers>
        <balance>2300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>44685.5800000000</valUSD>
        <pctVal>0.0026781646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zeon Corp</name>
        <lei>N/A</lei>
        <title>Zeon Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3725400000"/>
          <ticker value="4205"/>
          <other otherDesc="SEDOL" value="6644015"/>
        </identifiers>
        <balance>219500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2105943.1600000000</valUSD>
        <pctVal>0.1262166079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Television Holdings Inc</name>
        <lei>N/A</lei>
        <title>Nippon Television Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3732200005"/>
          <ticker value="9404"/>
          <other otherDesc="SEDOL" value="6644060"/>
        </identifiers>
        <balance>77000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>654314.4900000000</valUSD>
        <pctVal>0.0392153772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Steel Trading Corp</name>
        <lei>N/A</lei>
        <title>Nippon Steel Trading Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3681000000"/>
          <ticker value="9810"/>
          <other otherDesc="SEDOL" value="6646884"/>
        </identifiers>
        <balance>17600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>677154.2400000000</valUSD>
        <pctVal>0.0405842441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>216700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>410203.8700000000</valUSD>
        <pctVal>0.0245849660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oriental Shiraishi Corp</name>
        <lei>N/A</lei>
        <title>Oriental Shiraishi Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197950003"/>
          <ticker value="1786"/>
          <other otherDesc="SEDOL" value="BNDLRY3"/>
        </identifiers>
        <balance>50000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>90436.9400000000</valUSD>
        <pctVal>0.0054202051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>14800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>183572.1400000000</valUSD>
        <pctVal>0.0110021264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>184700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>996698.3400000000</valUSD>
        <pctVal>0.0597356500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Okumura Corp</name>
        <lei>N/A</lei>
        <title>Okumura Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3194800003"/>
          <ticker value="1833"/>
          <other otherDesc="SEDOL" value="6657808"/>
        </identifiers>
        <balance>84100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1771393.3800000000</valUSD>
        <pctVal>0.1061658586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Okamoto Machine Tool Works Ltd</name>
        <lei>N/A</lei>
        <title>Okamoto Machine Tool Works Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3193200007"/>
          <ticker value="6125"/>
          <other otherDesc="SEDOL" value="6657820"/>
        </identifiers>
        <balance>2800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>80721.4500000000</valUSD>
        <pctVal>0.0048379215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Okasan Securities Group Inc</name>
        <lei>N/A</lei>
        <title>Okasan Securities Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3190800007"/>
          <ticker value="8609"/>
          <other otherDesc="SEDOL" value="6657949"/>
        </identifiers>
        <balance>15100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>36207.5700000000</valUSD>
        <pctVal>0.0021700475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>11582.4400000000</valUSD>
        <pctVal>0.0006941765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Onoken Co Ltd</name>
        <lei>353800HJJJZ8VMSWL025</lei>
        <title>Onoken Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3196700003"/>
          <ticker value="7414"/>
          <other otherDesc="SEDOL" value="6659194"/>
        </identifiers>
        <balance>28300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>302029.6800000000</valUSD>
        <pctVal>0.0181017049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>102100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>233655.0700000000</valUSD>
        <pctVal>0.0140037732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>385300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5768493.8400000000</valUSD>
        <pctVal>0.3457261995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oriental Watch Holdings</name>
        <lei>N/A</lei>
        <title>Oriental Watch Holdings</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6773R1051"/>
          <ticker value="398"/>
          <other otherDesc="SEDOL" value="6660969"/>
        </identifiers>
        <balance>890000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>508226.0900000000</valUSD>
        <pctVal>0.0304597837</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>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>1911400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1671537.8400000000</valUSD>
        <pctVal>0.1001811635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>16200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>75645.3100000000</valUSD>
        <pctVal>0.0045336905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>4725.5300000000</valUSD>
        <pctVal>0.0002832177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>204900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1595383.8000000000</valUSD>
        <pctVal>0.0956169831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>21716.8590000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>806548.0000000000</valUSD>
        <pctVal>0.0483392689</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="138.9250000000"/>
        <valUSD>2018.7800000000</valUSD>
        <pctVal>0.0001209926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>227600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1201118.7600000000</valUSD>
        <pctVal>0.0719872874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>294600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1750537.0100000000</valUSD>
        <pctVal>0.1049158627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Miyaji Engineering Group Inc</name>
        <lei>N/A</lei>
        <title>Miyaji Engineering Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3908700002"/>
          <ticker value="3431"/>
          <other otherDesc="SEDOL" value="6687559"/>
        </identifiers>
        <balance>700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>15971.7600000000</valUSD>
        <pctVal>0.0009572440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nabtesco Corp</name>
        <lei>N/A</lei>
        <title>Nabtesco Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3651210001"/>
          <ticker value="6268"/>
          <other otherDesc="SEDOL" value="6687571"/>
        </identifiers>
        <balance>40800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>966168.7100000000</valUSD>
        <pctVal>0.0579059015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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="138.9250000000"/>
        <valUSD>22947.0700000000</valUSD>
        <pctVal>0.0013752989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyu Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3567410000"/>
          <ticker value="1720"/>
          <other otherDesc="SEDOL" value="6689351"/>
        </identifiers>
        <balance>303600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1428082.9300000000</valUSD>
        <pctVal>0.0855900514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>12200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>76912.8800000000</valUSD>
        <pctVal>0.0046096604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>214938.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>3090563.3400000000</valUSD>
        <pctVal>0.1852283711</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>408400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1291751.8100000000</valUSD>
        <pctVal>0.0774192461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JB Hi-Fi Ltd</name>
        <lei>N/A</lei>
        <title>JB Hi-Fi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000JBH7"/>
          <ticker value="JBH"/>
          <other otherDesc="SEDOL" value="6702623"/>
        </identifiers>
        <balance>84211.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2322516.0200000000</valUSD>
        <pctVal>0.1391965839</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>Prima Meat Packers Ltd</name>
        <lei>N/A</lei>
        <title>Prima Meat Packers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833200003"/>
          <ticker value="2281"/>
          <other otherDesc="SEDOL" value="6703400"/>
        </identifiers>
        <balance>53500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>835061.0200000000</valUSD>
        <pctVal>0.0500481548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </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"/>
        </identifiers>
        <balance>417650.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3434438.6500000000</valUSD>
        <pctVal>0.2058380324</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>AMP Ltd</name>
        <lei>N/A</lei>
        <title>AMP Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AMP6"/>
          <ticker value="AMP"/>
          <other otherDesc="SEDOL" value="6709958"/>
        </identifiers>
        <balance>1001558.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>789400.5800000000</valUSD>
        <pctVal>0.0473115635</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>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>603988.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2131031.7900000000</valUSD>
        <pctVal>0.1277202581</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>8900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>377926.0800000000</valUSD>
        <pctVal>0.0226504441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Honeys Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Honeys Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3770080004"/>
          <ticker value="2792"/>
          <other otherDesc="SEDOL" value="6713205"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>21281.7200000000</valUSD>
        <pctVal>0.0012754886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>19300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>399533.0300000000</valUSD>
        <pctVal>0.0239454249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InvoCare Ltd</name>
        <lei>N/A</lei>
        <title>InvoCare Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000IVC8"/>
          <ticker value="IVC"/>
          <other otherDesc="SEDOL" value="6715267"/>
        </identifiers>
        <balance>229514.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1722874.4100000000</valUSD>
        <pctVal>0.1032579454</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>Rasa Industries Ltd</name>
        <lei>N/A</lei>
        <title>Rasa Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3967400007"/>
          <ticker value="4022"/>
          <other otherDesc="SEDOL" value="6724605"/>
        </identifiers>
        <balance>6300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>107991.4100000000</valUSD>
        <pctVal>0.0064723064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Challenger Ltd</name>
        <lei>N/A</lei>
        <title>Challenger Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CGF5"/>
          <ticker value="CGF"/>
          <other otherDesc="SEDOL" value="6726300"/>
        </identifiers>
        <balance>1170338.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>5045551.1900000000</valUSD>
        <pctVal>0.3023976944</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>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>51800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1333380.6700000000</valUSD>
        <pctVal>0.0799142106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>626700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3692211.6900000000</valUSD>
        <pctVal>0.2212872807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ridley Corp Ltd</name>
        <lei>549300UQM21UZW8DVW82</lei>
        <title>Ridley Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RIC6"/>
          <ticker value="RIC"/>
          <other otherDesc="SEDOL" value="6738929"/>
        </identifiers>
        <balance>233228.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>330056.3300000000</valUSD>
        <pctVal>0.0197814410</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>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>1253519.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>3871297.2900000000</valUSD>
        <pctVal>0.2320205129</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>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>14500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>54153.2300000000</valUSD>
        <pctVal>0.0032455942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Corp</name>
        <lei>N/A</lei>
        <title>Riken Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3970600007"/>
          <ticker value="6462"/>
          <other otherDesc="SEDOL" value="6740203"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>65687.9800000000</valUSD>
        <pctVal>0.0039369125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>617300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>446705.1100000000</valUSD>
        <pctVal>0.0267726142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>France Bed Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>France Bed Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826500005"/>
          <ticker value="7840"/>
          <other otherDesc="SEDOL" value="6744056"/>
        </identifiers>
        <balance>12600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>89311.8200000000</valUSD>
        <pctVal>0.0053527727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Shokuhin Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsubishi Shokuhin Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3976000004"/>
          <ticker value="7451"/>
          <other otherDesc="SEDOL" value="6744540"/>
        </identifiers>
        <balance>66200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1624936.4000000000</valUSD>
        <pctVal>0.0973881747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>4800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>57070.9200000000</valUSD>
        <pctVal>0.0034204617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Obsidian Energy Ltd</name>
        <lei>549300DITPHH8W8CK636</lei>
        <title>Obsidian Energy Ltd</title>
        <cusip>674482203</cusip>
        <identifiers>
          <isin value="CA6744822033"/>
          <ticker value="OBE"/>
          <other otherDesc="SEDOL" value="BJV30F5"/>
        </identifiers>
        <balance>201907.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1817139.9400000000</valUSD>
        <pctVal>0.1089076114</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>OceanaGold Corp</name>
        <lei>549300CBMSE8I9N3E232</lei>
        <title>OceanaGold Corp</title>
        <cusip>675222103</cusip>
        <identifiers>
          <isin value="CA6752221037"/>
          <ticker value="OGC"/>
          <other otherDesc="SEDOL" value="B1Z7L21"/>
        </identifiers>
        <balance>1186573.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1752732.8000000000</valUSD>
        <pctVal>0.1050474641</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>Yellow Hat Ltd</name>
        <lei>N/A</lei>
        <title>Yellow Hat Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131350005"/>
          <ticker value="9882"/>
          <other otherDesc="SEDOL" value="6753591"/>
        </identifiers>
        <balance>6500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>83920.0500000000</valUSD>
        <pctVal>0.0050296248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ryobi Ltd</name>
        <lei>N/A</lei>
        <title>Ryobi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3975800008"/>
          <ticker value="5851"/>
          <other otherDesc="SEDOL" value="6762906"/>
        </identifiers>
        <balance>24000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>222884.6700000000</valUSD>
        <pctVal>0.0133582651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>3000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>35337.0700000000</valUSD>
        <pctVal>0.0021178754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sakai Chemical Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Sakai Chemical Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3312800000"/>
          <ticker value="4078"/>
          <other otherDesc="SEDOL" value="6769402"/>
        </identifiers>
        <balance>30000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>423407.6000000000</valUSD>
        <pctVal>0.0253763122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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-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>73900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>363341.7900000000</valUSD>
        <pctVal>0.0217763561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raiznext Corp</name>
        <lei>N/A</lei>
        <title>Raiznext Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3331600001"/>
          <ticker value="6379"/>
          <other otherDesc="SEDOL" value="6774989"/>
        </identifiers>
        <balance>18700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>161457.9400000000</valUSD>
        <pctVal>0.0096767443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suncall Corp</name>
        <lei>N/A</lei>
        <title>Suncall Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3330600002"/>
          <ticker value="5985"/>
          <other otherDesc="SEDOL" value="6775034"/>
        </identifiers>
        <balance>18200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>95317.8300000000</valUSD>
        <pctVal>0.0057127340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>89500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2752775.6800000000</valUSD>
        <pctVal>0.1649835642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>399300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3951052.1200000000</valUSD>
        <pctVal>0.2368005014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanyo Denki Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanyo Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3340800006"/>
          <ticker value="6516"/>
          <other otherDesc="SEDOL" value="6776974"/>
        </identifiers>
        <balance>3700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>143990.9500000000</valUSD>
        <pctVal>0.0086298859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanyo Special Steel Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanyo Special Steel Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3342000001"/>
          <ticker value="5481"/>
          <other otherDesc="SEDOL" value="6777063"/>
        </identifiers>
        <balance>16700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>251016.4900000000</valUSD>
        <pctVal>0.0150443044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scope Metals Group Ltd</name>
        <lei>N/A</lei>
        <title>Scope Metals Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002880198"/>
          <ticker value="SCOP"/>
          <other otherDesc="SEDOL" value="6780072"/>
        </identifiers>
        <balance>74.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>3709.5100000000</valUSD>
        <pctVal>0.0002223240</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>Seed Co Ltd/Tokyo</name>
        <lei>N/A</lei>
        <title>Seed Co Ltd/Tokyo</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3347000006"/>
          <ticker value="7743"/>
          <other otherDesc="SEDOL" value="6792130"/>
        </identifiers>
        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>20858.6000000000</valUSD>
        <pctVal>0.0012501295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>34886.7400000000</valUSD>
        <pctVal>0.0020908855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>129900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1031516.2200000000</valUSD>
        <pctVal>0.0618224085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>7600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>170138.9100000000</valUSD>
        <pctVal>0.0101970255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>285300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1949185.1800000000</valUSD>
        <pctVal>0.1168215488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Senshu Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3424400004"/>
          <ticker value="9824"/>
          <other otherDesc="SEDOL" value="6795612"/>
        </identifiers>
        <balance>10700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>428997.8600000000</valUSD>
        <pctVal>0.0257113562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>8600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>45207.4000000000</valUSD>
        <pctVal>0.0027094391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>77000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>982246.7500000000</valUSD>
        <pctVal>0.0588695152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>12200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1006204.4900000000</valUSD>
        <pctVal>0.0603053871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>4700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>84520.0400000000</valUSD>
        <pctVal>0.0050655844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>46371.3100000000</valUSD>
        <pctVal>0.0027791963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinmaywa Industries Ltd</name>
        <lei>N/A</lei>
        <title>Shinmaywa Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3384600007"/>
          <ticker value="7224"/>
          <other otherDesc="SEDOL" value="6804488"/>
        </identifiers>
        <balance>185900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1416753.3400000000</valUSD>
        <pctVal>0.0849110290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shindengen Electric Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Shindengen Electric Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3377800002"/>
          <ticker value="6844"/>
          <other otherDesc="SEDOL" value="6804541"/>
        </identifiers>
        <balance>6200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>162353.0300000000</valUSD>
        <pctVal>0.0097303902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>26900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>291513.3000000000</valUSD>
        <pctVal>0.0174714212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinsho Corp</name>
        <lei>353800MF9VQ3QTWAAX41</lei>
        <title>Shinsho Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3374000002"/>
          <ticker value="8075"/>
          <other otherDesc="SEDOL" value="6804983"/>
        </identifiers>
        <balance>700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>20946.8300000000</valUSD>
        <pctVal>0.0012554175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>31600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1089749.2100000000</valUSD>
        <pctVal>0.0653125171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>53000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>694347.0500000000</valUSD>
        <pctVal>0.0416146699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>2494.0100000000</valUSD>
        <pctVal>0.0001494748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>N/A</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>3190000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>531238.0100000000</valUSD>
        <pctVal>0.0318389693</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>Singamas Container Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Singamas Container Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0716002271"/>
          <ticker value="716"/>
          <other otherDesc="SEDOL" value="6807658"/>
        </identifiers>
        <balance>3476000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>321993.8000000000</valUSD>
        <pctVal>0.0192982251</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>13400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>93090.3900000000</valUSD>
        <pctVal>0.0055792357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sodick Co Ltd</name>
        <lei>N/A</lei>
        <title>Sodick Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3434200006"/>
          <ticker value="6143"/>
          <other otherDesc="SEDOL" value="6818832"/>
        </identifiers>
        <balance>92100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>533284.5200000000</valUSD>
        <pctVal>0.0319616239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2581167.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>4490213.3300000000</valUSD>
        <pctVal>0.2691143360</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>Onex Corp</name>
        <lei>N/A</lei>
        <title>Onex Corp</title>
        <cusip>68272K103</cusip>
        <identifiers>
          <isin value="CA68272K1030"/>
          <ticker value="ONEX"/>
          <other otherDesc="SEDOL" value="2659518"/>
        </identifiers>
        <balance>127125.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>6286799.9800000000</valUSD>
        <pctVal>0.3767901162</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>Star Micronics Co Ltd</name>
        <lei>353800YVVMLCGEV0Q544</lei>
        <title>Star Micronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399000003"/>
          <ticker value="7718"/>
          <other otherDesc="SEDOL" value="6841526"/>
        </identifiers>
        <balance>115500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1518806.4100000000</valUSD>
        <pctVal>0.0910274298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>98600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1894172.8600000000</valUSD>
        <pctVal>0.1135244662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SmarTone Telecommunications Holdings Ltd</name>
        <lei>N/A</lei>
        <title>SmarTone Telecommunications Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8219Z1059"/>
          <ticker value="315"/>
          <other otherDesc="SEDOL" value="6856995"/>
        </identifiers>
        <balance>33500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>17927.4100000000</valUSD>
        <pctVal>0.0010744530</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>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>16900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>319147.1700000000</valUSD>
        <pctVal>0.0191276165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Heavy Industries Ltd</name>
        <lei>353800VSTEIRMBC3S374</lei>
        <title>Sumitomo Heavy Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3405400007"/>
          <ticker value="6302"/>
          <other otherDesc="SEDOL" value="6858731"/>
        </identifiers>
        <balance>333300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>6996309.8700000000</valUSD>
        <pctVal>0.4193135486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>452100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3879499.3100000000</valUSD>
        <pctVal>0.2325120889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>50200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>787749.8600000000</valUSD>
        <pctVal>0.0472126300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>866000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>399124.9600000000</valUSD>
        <pctVal>0.0239209678</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>Shufersal Ltd</name>
        <lei>N/A</lei>
        <title>Shufersal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007770378"/>
          <ticker value="SAE"/>
          <other otherDesc="SEDOL" value="6860543"/>
        </identifiers>
        <balance>689636.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>4723071.0900000000</valUSD>
        <pctVal>0.2830703236</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>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>444600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1198276.0200000000</valUSD>
        <pctVal>0.0718169120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzuken Co Ltd/Aichi Japan</name>
        <lei>N/A</lei>
        <title>Suzuken Co Ltd/Aichi Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3398000004"/>
          <ticker value="9987"/>
          <other otherDesc="SEDOL" value="6865560"/>
        </identifiers>
        <balance>64300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1540970.9000000000</valUSD>
        <pctVal>0.0923558259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tachibana Eletech Co Ltd</name>
        <lei>N/A</lei>
        <title>Tachibana Eletech Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3466600008"/>
          <ticker value="8159"/>
          <other otherDesc="SEDOL" value="6869777"/>
        </identifiers>
        <balance>8600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>100568.3700000000</valUSD>
        <pctVal>0.0060274174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>104711.0800000000</valUSD>
        <pctVal>0.0062757047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takasago International Corp</name>
        <lei>N/A</lei>
        <title>Takasago International Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3454400007"/>
          <ticker value="4914"/>
          <other otherDesc="SEDOL" value="6870360"/>
        </identifiers>
        <balance>16600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>330446.2500000000</valUSD>
        <pctVal>0.0198048103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takasago Thermal Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>Takasago Thermal Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3455200000"/>
          <ticker value="1969"/>
          <other otherDesc="SEDOL" value="6870520"/>
        </identifiers>
        <balance>46900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>554131.5900000000</valUSD>
        <pctVal>0.0332110624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takara Standard Co Ltd</name>
        <lei>N/A</lei>
        <title>Takara Standard Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3460000007"/>
          <ticker value="7981"/>
          <other otherDesc="SEDOL" value="6870906"/>
        </identifiers>
        <balance>63900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>607183.1500000000</valUSD>
        <pctVal>0.0363906296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>37000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>494051.9700000000</valUSD>
        <pctVal>0.0296102786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>620800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>6563393.8700000000</valUSD>
        <pctVal>0.3933673644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>27900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>255474.9700000000</valUSD>
        <pctVal>0.0153115168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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</name>
        <lei>213800VASRTF37M7LO42</lei>
        <title>Israel Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005760173"/>
          <ticker value="ILCO"/>
          <other otherDesc="SEDOL" value="6889678"/>
        </identifiers>
        <balance>2738.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1323426.0800000000</valUSD>
        <pctVal>0.0793175969</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>Israel Land Development - Urban Renewal Ltd</name>
        <lei>N/A</lei>
        <title>Israel Land Development - Urban Renewal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006120104"/>
          <ticker value="ILDC"/>
          <other otherDesc="SEDOL" value="6889708"/>
        </identifiers>
        <balance>8422.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>150083.4800000000</valUSD>
        <pctVal>0.0089950328</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>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>57500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>240171.2700000000</valUSD>
        <pctVal>0.0143943121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>15029.2400000000</valUSD>
        <pctVal>0.0009007554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Seimitsu Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Seimitsu Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3580200008"/>
          <ticker value="7729"/>
          <other otherDesc="SEDOL" value="6894304"/>
        </identifiers>
        <balance>118700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3954046.3300000000</valUSD>
        <pctVal>0.2369799550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toagosei Co Ltd</name>
        <lei>N/A</lei>
        <title>Toagosei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3556400004"/>
          <ticker value="4045"/>
          <other otherDesc="SEDOL" value="6894467"/>
        </identifiers>
        <balance>8800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>68564.1800000000</valUSD>
        <pctVal>0.0041092933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>55100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>966818.1200000000</valUSD>
        <pctVal>0.0579448230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOA ROAD CORP</name>
        <lei>N/A</lei>
        <title>TOA ROAD CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3558000000"/>
          <ticker value="1882"/>
          <other otherDesc="SEDOL" value="6894586"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>21159.9000000000</valUSD>
        <pctVal>0.0012681875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>39816.2700000000</valUSD>
        <pctVal>0.0023863296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>83900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>747376.7400000000</valUSD>
        <pctVal>0.0447929264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Tatemono Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Tatemono Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3582600007"/>
          <ticker value="8804"/>
          <other otherDesc="SEDOL" value="6895426"/>
        </identifiers>
        <balance>392700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5886480.5500000000</valUSD>
        <pctVal>0.3527975596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>227500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2996420.2100000000</valUSD>
        <pctVal>0.1795860410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Steel Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Steel Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3579800008"/>
          <ticker value="5423"/>
          <other otherDesc="SEDOL" value="6895879"/>
        </identifiers>
        <balance>221200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2343650.5300000000</valUSD>
        <pctVal>0.1404632497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Torishima Pump Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Torishima Pump Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3636600003"/>
          <ticker value="6363"/>
          <other otherDesc="SEDOL" value="6896924"/>
        </identifiers>
        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>16857.2700000000</valUSD>
        <pctVal>0.0010103157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>45030.6800000000</valUSD>
        <pctVal>0.0026988476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Engineering Corp</name>
        <lei>353800SPB3B3BM0FO630</lei>
        <title>Toyo Engineering Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3607800004"/>
          <ticker value="6330"/>
          <other otherDesc="SEDOL" value="6899718"/>
        </identifiers>
        <balance>38200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>189214.3500000000</valUSD>
        <pctVal>0.0113402840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Kanetsu KK</name>
        <lei>N/A</lei>
        <title>Toyo Kanetsu KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3554400006"/>
          <ticker value="6369"/>
          <other otherDesc="SEDOL" value="6899804"/>
        </identifiers>
        <balance>5500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>103196.4400000000</valUSD>
        <pctVal>0.0061849269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 RAD Co Ltd</name>
        <lei>N/A</lei>
        <title>T RAD Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3620200000"/>
          <ticker value="7236"/>
          <other otherDesc="SEDOL" value="6899923"/>
        </identifiers>
        <balance>4600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>92101.7500000000</valUSD>
        <pctVal>0.0055199830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Ink SC Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Toyo Ink SC Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3606600009"/>
          <ticker value="4634"/>
          <other otherDesc="SEDOL" value="6900104"/>
        </identifiers>
        <balance>24100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>330489.6600000000</valUSD>
        <pctVal>0.0198074120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>220400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2671195.2500000000</valUSD>
        <pctVal>0.1600941611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>437900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5182057.9300000000</valUSD>
        <pctVal>0.3105790252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>5313.6600000000</valUSD>
        <pctVal>0.0003184664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <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>1235865.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>586643.4600000000</valUSD>
        <pctVal>0.0351596135</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>Advantage Energy Ltd</name>
        <lei>549300WK5YRPOB2DTT64</lei>
        <title>Advantage Energy Ltd</title>
        <cusip>00791P107</cusip>
        <identifiers>
          <isin value="CA00791P1071"/>
          <ticker value="AAV"/>
          <other otherDesc="SEDOL" value="BNW0WP7"/>
        </identifiers>
        <balance>435548.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3720903.4600000000</valUSD>
        <pctVal>0.2230068797</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>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>400637.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2382260.4700000000</valUSD>
        <pctVal>0.1427772797</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>Vistry Group PLC</name>
        <lei>2138001KOWN7CG9SLK53</lei>
        <title>Vistry Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0001859296"/>
          <ticker value="VTY"/>
          <other otherDesc="SEDOL" value="0185929"/>
        </identifiers>
        <balance>420995.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>3770331.7000000000</valUSD>
        <pctVal>0.2259692886</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>Rathbones Group PLC</name>
        <lei>213800MBTHM6UE8ZQP29</lei>
        <title>Rathbones Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002148343"/>
          <ticker value="RAT"/>
          <other otherDesc="SEDOL" value="0214834"/>
        </identifiers>
        <balance>69063.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1443712.6400000000</valUSD>
        <pctVal>0.0865267950</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>322494.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>697501.8700000000</valUSD>
        <pctVal>0.0418037494</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>Amerigo Resources Ltd</name>
        <lei>5299000WW697YX8VQX13</lei>
        <title>Amerigo Resources Ltd</title>
        <cusip>03074G109</cusip>
        <identifiers>
          <isin value="CA03074G1090"/>
          <ticker value="ARG"/>
          <other otherDesc="SEDOL" value="2855822"/>
        </identifiers>
        <balance>26000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>20984.5100000000</valUSD>
        <pctVal>0.0012576758</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>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>86720.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1555655.0900000000</valUSD>
        <pctVal>0.0932359013</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>642224.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>227383.5300000000</valUSD>
        <pctVal>0.0136278977</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>Hill &amp; Smith Holdings PLC</name>
        <lei>2138003A3ISGQZBOWI83</lei>
        <title>Hill &amp; Smith Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004270301"/>
          <ticker value="HILS"/>
          <other otherDesc="SEDOL" value="0427030"/>
        </identifiers>
        <balance>44644.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>539341.4400000000</valUSD>
        <pctVal>0.0323246365</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>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>3481329.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>739469.0300000000</valUSD>
        <pctVal>0.0443189894</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>128039.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>428249.3400000000</valUSD>
        <pctVal>0.0256664947</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>Mitie Group PLC</name>
        <lei>213800MTCLTKEHWZMJ03</lei>
        <title>Mitie Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004657408"/>
          <ticker value="MTO"/>
          <other otherDesc="SEDOL" value="0465740"/>
        </identifiers>
        <balance>1149194.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>965138.8900000000</valUSD>
        <pctVal>0.0578441808</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>155110.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1262504.2300000000</valUSD>
        <pctVal>0.0756663353</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>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>1313322.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>8683506.7300000000</valUSD>
        <pctVal>0.5204332125</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>Anglo Pacific Group PLC</name>
        <lei>213800LXSV317746JZ71</lei>
        <title>Anglo Pacific Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006449366"/>
          <ticker value="APF"/>
          <other otherDesc="SEDOL" value="0644936"/>
        </identifiers>
        <balance>31308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>59939.5000000000</valUSD>
        <pctVal>0.0035923858</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>MP Evans Group PLC</name>
        <lei>2138003IBXJUCR4SZG26</lei>
        <title>MP Evans Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007538100"/>
          <ticker value="MPE"/>
          <other otherDesc="SEDOL" value="0753810"/>
        </identifiers>
        <balance>2787.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>26212.8200000000</valUSD>
        <pctVal>0.0015710268</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>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>372177.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>4403032.5600000000</valUSD>
        <pctVal>0.2638892847</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>428859.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>5489370.4900000000</valUSD>
        <pctVal>0.3289973518</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>407863.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>614975.9200000000</valUSD>
        <pctVal>0.0368576778</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>Morgan Sindall Group PLC</name>
        <lei>2138008339ULDGZRB345</lei>
        <title>Morgan Sindall Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008085614"/>
          <ticker value="MGNS"/>
          <other otherDesc="SEDOL" value="0808561"/>
        </identifiers>
        <balance>26848.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>536013.1600000000</valUSD>
        <pctVal>0.0321251609</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>527385.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>453362.3900000000</valUSD>
        <pctVal>0.0271716085</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>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>688955.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>6069371.7200000000</valUSD>
        <pctVal>0.3637588730</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>Bonterra Energy Corp</name>
        <lei>N/A</lei>
        <title>Bonterra Energy Corp</title>
        <cusip>098546104</cusip>
        <identifiers>
          <isin value="CA0985461049"/>
          <ticker value="BNE"/>
          <other otherDesc="SEDOL" value="B3K3G89"/>
        </identifiers>
        <balance>7772.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>52075.6800000000</valUSD>
        <pctVal>0.0031210793</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>Synthomer PLC</name>
        <lei>213800EHT3TI1KPQQJ56</lei>
        <title>Synthomer PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009887422"/>
          <ticker value="SYNT"/>
          <other otherDesc="SEDOL" value="0988742"/>
        </identifiers>
        <balance>250027.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>570855.3900000000</valUSD>
        <pctVal>0.0342133787</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>Calibre Mining Corp</name>
        <lei>9845005U3E61362A1O58</lei>
        <title>Calibre Mining Corp</title>
        <cusip>13000C205</cusip>
        <identifiers>
          <isin value="CA13000C2058"/>
          <ticker value="CXB"/>
          <other otherDesc="SEDOL" value="BGYKMJ0"/>
        </identifiers>
        <balance>207000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>149731.6000000000</valUSD>
        <pctVal>0.0089739434</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>127870.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>764289.4100000000</valUSD>
        <pctVal>0.0458065624</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>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>118049.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2201256.3400000000</valUSD>
        <pctVal>0.1319290632</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>157941.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3099051.7200000000</valUSD>
        <pctVal>0.1857371097</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>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="138.9250000000"/>
        <valUSD>2078.5500000000</valUSD>
        <pctVal>0.0001245748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>291685.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1190699.1100000000</valUSD>
        <pctVal>0.0713628010</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>Hikma Pharmaceuticals PLC</name>
        <lei>549300BNS685UXH4JI75</lei>
        <title>Hikma Pharmaceuticals PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0LCW083"/>
          <ticker value="HIK"/>
          <other otherDesc="SEDOL" value="B0LCW08"/>
        </identifiers>
        <balance>335193.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>5108569.6300000000</valUSD>
        <pctVal>0.3061746120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JO</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>160141.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1652242.9700000000</valUSD>
        <pctVal>0.0990247539</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>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>490560.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>4122435.3900000000</valUSD>
        <pctVal>0.2470721058</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>SpareBank 1 SMN</name>
        <lei>7V6Z97IO7R1SEAO84Q32</lei>
        <title>SpareBank 1 SMN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0006390301"/>
          <ticker value="MING"/>
          <other otherDesc="SEDOL" value="B0LGG75"/>
        </identifiers>
        <balance>172072.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>2095073.6500000000</valUSD>
        <pctVal>0.1255651598</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>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>262309.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>10175995.3900000000</valUSD>
        <pctVal>0.6098833266</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>498291.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2257457.2300000000</valUSD>
        <pctVal>0.1352973810</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>Elekta AB</name>
        <lei>54930044O54BK617EP80</lei>
        <title>Elekta AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000163628"/>
          <ticker value="EKTAB"/>
          <other otherDesc="SEDOL" value="B0M42T2"/>
        </identifiers>
        <balance>3828.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>21943.6100000000</valUSD>
        <pctVal>0.0013151580</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>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>608861.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5507156.1100000000</valUSD>
        <pctVal>0.3300633068</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>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>395346.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1113777.9000000000</valUSD>
        <pctVal>0.0667526414</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>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>1508946.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>11466312.1600000000</valUSD>
        <pctVal>0.6872165656</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>Safilo Group SpA</name>
        <lei>81560026FA1A26642782</lei>
        <title>Safilo Group SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004604762"/>
          <ticker value="SFL"/>
          <other otherDesc="SEDOL" value="B0N64J1"/>
        </identifiers>
        <balance>508600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>712492.5500000000</valUSD>
        <pctVal>0.0427021937</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>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>95651.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>869294.0700000000</valUSD>
        <pctVal>0.0520998624</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>38900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>671638.9700000000</valUSD>
        <pctVal>0.0402536945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VINX Corp</name>
        <lei>N/A</lei>
        <title>VINX Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3159980006"/>
          <ticker value="3784"/>
          <other otherDesc="SEDOL" value="B0NSGC4"/>
        </identifiers>
        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>16166.1700000000</valUSD>
        <pctVal>0.0009688956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>13500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>121799.4200000000</valUSD>
        <pctVal>0.0072998692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vilmorin &amp; Cie SA</name>
        <lei>969500TQ4OAZZXSUPZ18</lei>
        <title>Vilmorin &amp; Cie SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000052516"/>
          <ticker value="RIN"/>
          <other otherDesc="SEDOL" value="B0WM393"/>
        </identifiers>
        <balance>196.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>8422.0400000000</valUSD>
        <pctVal>0.0005047626</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>Pegasus Sewing Machine Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Pegasus Sewing Machine Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3836300008"/>
          <ticker value="6262"/>
          <other otherDesc="SEDOL" value="B0WWM74"/>
        </identifiers>
        <balance>5800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>36189.1400000000</valUSD>
        <pctVal>0.0021689429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 City Ltd</name>
        <lei>N/A</lei>
        <title>Airport City Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010958358"/>
          <ticker value="ARPT"/>
          <other otherDesc="SEDOL" value="B0Z7M21"/>
        </identifiers>
        <balance>57990.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1213544.2700000000</valUSD>
        <pctVal>0.0727319921</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>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>20407.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>602694.6000000000</valUSD>
        <pctVal>0.0361216150</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>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>13576.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>2256914.1600000000</valUSD>
        <pctVal>0.1352648329</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>IP Group PLC</name>
        <lei>213800HG22UM138WFG43</lei>
        <title>IP Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B128J450"/>
          <ticker value="IPO"/>
          <other otherDesc="SEDOL" value="B128J45"/>
        </identifiers>
        <balance>2156004.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1749827.9800000000</valUSD>
        <pctVal>0.1048733680</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>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>802873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2140065.4400000000</valUSD>
        <pctVal>0.1282616766</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>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>316355.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2341628.4600000000</valUSD>
        <pctVal>0.1403420599</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>258980.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2844234.3500000000</valUSD>
        <pctVal>0.1704650052</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>Crew Energy Inc</name>
        <lei>N/A</lei>
        <title>Crew Energy Inc</title>
        <cusip>226533107</cusip>
        <identifiers>
          <isin value="CA2265331074"/>
          <ticker value="CR"/>
          <other otherDesc="SEDOL" value="2554721"/>
        </identifiers>
        <balance>299200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1480793.3900000000</valUSD>
        <pctVal>0.0887491753</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>384815.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1752155.7100000000</valUSD>
        <pctVal>0.1050128771</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>Altri SGPS SA</name>
        <lei>213800AKSTYRLHY3X497</lei>
        <title>Altri SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTALT0AE0002"/>
          <ticker value="ALTR"/>
          <other otherDesc="SEDOL" value="B13ZSL5"/>
        </identifiers>
        <balance>523406.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2953275.7300000000</valUSD>
        <pctVal>0.1770002400</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>JM AB</name>
        <lei>529900X0UEM9DOM6FK12</lei>
        <title>JM AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000806994"/>
          <ticker value="JM"/>
          <other otherDesc="SEDOL" value="B142FZ8"/>
        </identifiers>
        <balance>137094.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2356987.7100000000</valUSD>
        <pctVal>0.1412625940</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>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>101339.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>1147417.2400000000</valUSD>
        <pctVal>0.0687687658</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>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>363520.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>969537.2800000000</valUSD>
        <pctVal>0.0581077918</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>EQB Inc</name>
        <lei>N/A</lei>
        <title>EQB Inc</title>
        <cusip>26886R104</cusip>
        <identifiers>
          <isin value="CA26886R1047"/>
          <ticker value="EQB"/>
          <other otherDesc="SEDOL" value="BPNYS87"/>
        </identifiers>
        <balance>32749.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1313101.8700000000</valUSD>
        <pctVal>0.0786988305</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>109542.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>603863.4600000000</valUSD>
        <pctVal>0.0361916689</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>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>56655000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>222839.0100000000</valUSD>
        <pctVal>0.0133555285</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>1093183.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>936769.5000000000</valUSD>
        <pctVal>0.0561439031</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>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>453951.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>6995826.1200000000</valUSD>
        <pctVal>0.4192845557</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>125119.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1187027.6300000000</valUSD>
        <pctVal>0.0711427563</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>Evertz Technologies Ltd</name>
        <lei>N/A</lei>
        <title>Evertz Technologies Ltd</title>
        <cusip>30041N107</cusip>
        <identifiers>
          <isin value="CA30041N1078"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="B17XX09"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>42821.7900000000</valUSD>
        <pctVal>0.0025664610</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>579420.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2910291.6600000000</valUSD>
        <pctVal>0.1744240530</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>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>2010345.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>2856332.3100000000</valUSD>
        <pctVal>0.1711900786</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>Bonheur ASA</name>
        <lei>213800HOQE1B34SUA323</lei>
        <title>Bonheur ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003110603"/>
          <ticker value="BONHR"/>
          <other otherDesc="SEDOL" value="B1662B3"/>
        </identifiers>
        <balance>6255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>234148.0500000000</valUSD>
        <pctVal>0.0140333192</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>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="1.3974500000"/>
        <valUSD>14212.5100000000</valUSD>
        <pctVal>0.0008518059</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>7498.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>67664.9000000000</valUSD>
        <pctVal>0.0040553963</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>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>5261691.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>7435311.6200000000</valUSD>
        <pctVal>0.4456244732</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>Jubilee Metals Group PLC</name>
        <lei>2138002XB5DB3B87SH92</lei>
        <title>Jubilee Metals Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031852162"/>
          <ticker value="JLP"/>
          <other otherDesc="SEDOL" value="3185216"/>
        </identifiers>
        <balance>779435.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>106853.6200000000</valUSD>
        <pctVal>0.0064041147</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>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>109081.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>921085.9900000000</valUSD>
        <pctVal>0.0552039350</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>GCM Mining Corp</name>
        <lei>5493001GJ5TILX6L1F82</lei>
        <title>GCM Mining Corp</title>
        <cusip>36168L105</cusip>
        <identifiers>
          <isin value="CA36168L1058"/>
          <ticker value="GCM"/>
          <other otherDesc="SEDOL" value="BN4F6M5"/>
        </identifiers>
        <balance>113257.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>281989.1000000000</valUSD>
        <pctVal>0.0169006022</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>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>13354.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>5592237.9800000000</valUSD>
        <pctVal>0.3351625636</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>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>1067118.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>5129358.2300000000</valUSD>
        <pctVal>0.3074205462</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>Yanlord Land Group Ltd</name>
        <lei>N/A</lei>
        <title>Yanlord Land Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T57930854"/>
          <ticker value="YLLG"/>
          <other otherDesc="SEDOL" value="B17KMY7"/>
        </identifiers>
        <balance>3645600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>2683004.5500000000</valUSD>
        <pctVal>0.1608019341</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>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>8713.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>76475.8700000000</valUSD>
        <pctVal>0.0045834689</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>276034.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>261416.3100000000</valUSD>
        <pctVal>0.0156676023</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>Coltene Holding AG</name>
        <lei>894500KE52GRSIVJAP50</lei>
        <title>Coltene Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0025343259"/>
          <ticker value="CLTN"/>
          <other otherDesc="SEDOL" value="B17N6G6"/>
        </identifiers>
        <balance>5166.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>441759.7500000000</valUSD>
        <pctVal>0.0264762213</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>Gear Energy Ltd</name>
        <lei>549300R7BXAYY82VSM16</lei>
        <title>Gear Energy Ltd</title>
        <cusip>36830P104</cusip>
        <identifiers>
          <isin value="CA36830P1045"/>
          <ticker value="GXE"/>
          <other otherDesc="SEDOL" value="BGLKK88"/>
        </identifiers>
        <balance>167200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>157861.9600000000</valUSD>
        <pctVal>0.0094612245</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>Eramet SA</name>
        <lei>549300LUH78PG2MP6N64</lei>
        <title>Eramet SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000131757"/>
          <ticker value="ERA"/>
          <other otherDesc="SEDOL" value="4017017"/>
        </identifiers>
        <balance>38089.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3229321.5500000000</valUSD>
        <pctVal>0.1935446405</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>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>688739.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>2292616.6100000000</valUSD>
        <pctVal>0.1374046067</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>Man Group PLC/Jersey</name>
        <lei>2549003YWC1DW6LALB09</lei>
        <title>Man Group PLC/Jersey</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BJ1DLW90"/>
          <ticker value="EMG"/>
          <other otherDesc="SEDOL" value="BJ1DLW9"/>
        </identifiers>
        <balance>2513505.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>7102830.5500000000</valUSD>
        <pctVal>0.4256977090</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>Tai Hing Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Tai Hing Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG866191060"/>
          <ticker value="6811"/>
          <other otherDesc="SEDOL" value="BJGSTX6"/>
        </identifiers>
        <balance>245000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>31454.2800000000</valUSD>
        <pctVal>0.0018851660</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>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>53641.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>614140.7600000000</valUSD>
        <pctVal>0.0368076238</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>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="1.3133500000"/>
        <valUSD>17.1300000000</valUSD>
        <pctVal>0.0000010267</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>Arnoldo Mondadori Editore SpA</name>
        <lei>815600049A1F9AFE6666</lei>
        <title>Arnoldo Mondadori Editore SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001469383"/>
          <ticker value="MN"/>
          <other otherDesc="SEDOL" value="4084895"/>
        </identifiers>
        <balance>244950.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>399900.2500000000</valUSD>
        <pctVal>0.0239674337</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>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>10143.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>15766.4100000000</valUSD>
        <pctVal>0.0009449366</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>Ninety One PLC</name>
        <lei>549300G0TJCT3K15ZG14</lei>
        <title>Ninety One PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJHPLV88"/>
          <ticker value="N91"/>
          <other otherDesc="SEDOL" value="BJHPLV8"/>
        </identifiers>
        <balance>880883.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2018058.0900000000</valUSD>
        <pctVal>0.1209493454</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>Hafnia Ltd</name>
        <lei>5493001KCFT0SCGJ2647</lei>
        <title>Hafnia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4233B1090"/>
          <ticker value="HAFNI"/>
          <other otherDesc="SEDOL" value="BJK0P85"/>
        </identifiers>
        <balance>54716.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>244316.3800000000</valUSD>
        <pctVal>0.0146427431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dalata Hotel Group PLC</name>
        <lei>635400L2CWET7ONOBJ04</lei>
        <title>Dalata Hotel Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BJMZDW83"/>
          <ticker value="DHG"/>
          <other otherDesc="SEDOL" value="BJMZDW8"/>
        </identifiers>
        <balance>226737.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>794182.6400000000</valUSD>
        <pctVal>0.0475981692</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>Newlat Food SpA</name>
        <lei>815600511D7D0F6A5955</lei>
        <title>Newlat Food SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005385213"/>
          <ticker value="NWL"/>
          <other otherDesc="SEDOL" value="BJVNQF7"/>
        </identifiers>
        <balance>16765.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>96654.2100000000</valUSD>
        <pctVal>0.0057928280</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>AURELIUS Equity Opportunities SE &amp; Co KGaA</name>
        <lei>3912001SWR0QKOSUHR50</lei>
        <title>AURELIUS Equity Opportunities SE &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0JK2A8"/>
          <ticker value="AR4"/>
          <other otherDesc="SEDOL" value="B17NLM7"/>
        </identifiers>
        <balance>19301.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>448181.6800000000</valUSD>
        <pctVal>0.0268611102</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>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>50499.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>836052.8600000000</valUSD>
        <pctVal>0.0501075993</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>Belships ASA</name>
        <lei>5967007LIEEXZXJCKO49</lei>
        <title>Belships ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003094104"/>
          <ticker value="BELCO"/>
          <other otherDesc="SEDOL" value="4109174"/>
        </identifiers>
        <balance>96422.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>144368.7700000000</valUSD>
        <pctVal>0.0086525300</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>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>7.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>157.3400000000</valUSD>
        <pctVal>0.0000094299</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>Helios Towers PLC</name>
        <lei>213800DGC7GS4XCHCU30</lei>
        <title>Helios Towers PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJVQC708"/>
          <ticker value="HTWS"/>
          <other otherDesc="SEDOL" value="BJVQC70"/>
        </identifiers>
        <balance>29532.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>42321.4000000000</valUSD>
        <pctVal>0.0025364709</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>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>3500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>14680.7900000000</valUSD>
        <pctVal>0.0008798716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>1435600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>493537.3900000000</valUSD>
        <pctVal>0.0295794380</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>M Yochananof &amp; Sons Ltd</name>
        <lei>N/A</lei>
        <title>M Yochananof &amp; Sons Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011612640"/>
          <ticker value="YHNF"/>
          <other otherDesc="SEDOL" value="BK6FDL0"/>
        </identifiers>
        <balance>4089.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>257209.7900000000</valUSD>
        <pctVal>0.0154154907</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>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>2281037.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>5176663.7900000000</valUSD>
        <pctVal>0.3102557354</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>Collector Bank AB</name>
        <lei>N/A</lei>
        <title>Collector Bank AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0017831795"/>
          <ticker value="COLL"/>
          <other otherDesc="SEDOL" value="BKPFS27"/>
        </identifiers>
        <balance>222047.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>708217.4500000000</valUSD>
        <pctVal>0.0424459719</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>Protector Forsikring ASA</name>
        <lei>5967007LIEEXZXAIO813</lei>
        <title>Protector Forsikring ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010209331"/>
          <ticker value="PROT"/>
          <other otherDesc="SEDOL" value="B182K93"/>
        </identifiers>
        <balance>38929.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>466031.5000000000</valUSD>
        <pctVal>0.0279309130</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>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>600927.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>373234.4900000000</valUSD>
        <pctVal>0.0223692606</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>Iveco Group NV</name>
        <lei>549300ZWF2ZJDD9EOR96</lei>
        <title>Iveco Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015000LU4"/>
          <ticker value="IVG"/>
          <other otherDesc="SEDOL" value="BKPGF52"/>
        </identifiers>
        <balance>942671.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4766531.9000000000</valUSD>
        <pctVal>0.2856750834</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>Verallia SA</name>
        <lei>5299007YZU978DE0ZY32</lei>
        <title>Verallia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013447729"/>
          <ticker value="VRLA"/>
          <other otherDesc="SEDOL" value="BKT7807"/>
        </identifiers>
        <balance>95316.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2185234.7800000000</valUSD>
        <pctVal>0.1309688346</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>Wickes Group PLC</name>
        <lei>213800IEX9ZXJRAOL133</lei>
        <title>Wickes Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BL6C2002"/>
          <ticker value="WIX"/>
          <other otherDesc="SEDOL" value="BL6C200"/>
        </identifiers>
        <balance>499885.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>693017.4400000000</valUSD>
        <pctVal>0.0415349816</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>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>621292.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>3961178.4900000000</valUSD>
        <pctVal>0.2374074105</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>Vallourec SA</name>
        <lei>969500P2Q1B47H4MCJ34</lei>
        <title>Vallourec SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013506730"/>
          <ticker value="VK"/>
          <other otherDesc="SEDOL" value="BLGWF90"/>
        </identifiers>
        <balance>368320.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3834281.0300000000</valUSD>
        <pctVal>0.2298019977</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>United Malt Grp Ltd</name>
        <lei>N/A</lei>
        <title>United Malt Grp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000079691"/>
          <ticker value="UMG"/>
          <other otherDesc="SEDOL" value="BLHVB76"/>
        </identifiers>
        <balance>31284.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>75756.5200000000</valUSD>
        <pctVal>0.0045403557</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>Berkeley Group Holdings PLC</name>
        <lei>2138009OQSSLVVHQAL78</lei>
        <title>Berkeley Group Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLJNXL82"/>
          <ticker value="BKG"/>
          <other otherDesc="SEDOL" value="BLJNXL8"/>
        </identifiers>
        <balance>177308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>7505992.3900000000</valUSD>
        <pctVal>0.4498606213</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 PLC</name>
        <lei>21380076GWJ8XDYKVQ37</lei>
        <title>Jadestone Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLR71299"/>
          <ticker value="JSE"/>
          <other otherDesc="SEDOL" value="BLR7129"/>
        </identifiers>
        <balance>36122.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>36504.3600000000</valUSD>
        <pctVal>0.0021878352</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>Petronor E&amp;P ASA</name>
        <lei>984500AEEH2D2AK42C11</lei>
        <title>Petronor E&amp;P ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0011157232"/>
          <ticker value="PNOR"/>
          <other otherDesc="SEDOL" value="BM8F3Q7"/>
        </identifiers>
        <balance>8608.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>745.5100000000</valUSD>
        <pctVal>0.0000446810</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>Truecaller AB</name>
        <lei>549300TEYF1FA5G5GK26</lei>
        <title>Truecaller AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016787071"/>
          <ticker value="TRUEB"/>
          <other otherDesc="SEDOL" value="BMCP7D8"/>
        </identifiers>
        <balance>193736.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1018510.5200000000</valUSD>
        <pctVal>0.0610429310</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>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>493679.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1113206.7000000000</valUSD>
        <pctVal>0.0667184073</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>Mayne Pharma Group Ltd</name>
        <lei>549300VIRDEN0N4MJG59</lei>
        <title>Mayne Pharma Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MYX0"/>
          <ticker value="MYX"/>
          <other otherDesc="SEDOL" value="B1BHXL8"/>
        </identifiers>
        <balance>2506596.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>509756.3100000000</valUSD>
        <pctVal>0.0305514952</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>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>152161.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>3005503.1700000000</valUSD>
        <pctVal>0.1801304149</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>Bang &amp; Olufsen A/S</name>
        <lei>52990018KGR3ILFDNJ20</lei>
        <title>Bang &amp; Olufsen A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010218429"/>
          <ticker value="BO"/>
          <other otherDesc="SEDOL" value="4161293"/>
        </identifiers>
        <balance>24456.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>42363.1600000000</valUSD>
        <pctVal>0.0025389737</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>Tam Jai International Co Ltd</name>
        <lei>98450080E0L0ACS84C98</lei>
        <title>Tam Jai International Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000784121"/>
          <ticker value="2217"/>
          <other otherDesc="SEDOL" value="BMDV8V0"/>
        </identifiers>
        <balance>84000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>27962.4600000000</valUSD>
        <pctVal>0.0016758889</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>Greenvolt-Energias Renovaveis SA</name>
        <lei>549300ZSZ6VJXXCVUM49</lei>
        <title>Greenvolt-Energias Renovaveis SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTGNV0AM0001"/>
          <ticker value="GVOLT"/>
          <other otherDesc="SEDOL" value="BMFBLL9"/>
        </identifiers>
        <balance>3467.7160000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>33499.4000000000</valUSD>
        <pctVal>0.0020077373</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>Dunelm Group PLC</name>
        <lei>213800WCOWEI3T5DUV19</lei>
        <title>Dunelm Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1CKQ739"/>
          <ticker value="DNLM"/>
          <other otherDesc="SEDOL" value="B1CKQ73"/>
        </identifiers>
        <balance>136679.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1090844.8400000000</valUSD>
        <pctVal>0.0653781821</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>Money3 Corp Ltd</name>
        <lei>N/A</lei>
        <title>Money3 Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MNY1"/>
          <ticker value="MNY"/>
          <other otherDesc="SEDOL" value="B1FCYL6"/>
        </identifiers>
        <balance>84557.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>131993.0900000000</valUSD>
        <pctVal>0.0079108118</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>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>37925.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>621310.1700000000</valUSD>
        <pctVal>0.0372373118</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>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>107415.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>192106.5700000000</valUSD>
        <pctVal>0.0115136249</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>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>5483.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>100789.7700000000</valUSD>
        <pctVal>0.0060406867</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>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>53298.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>677289.3300000000</valUSD>
        <pctVal>0.0405923405</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>Draegerwerk AG &amp; Co KGaA</name>
        <lei>5493005UFVHY0PPNKD75</lei>
        <title>Draegerwerk AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005550602"/>
          <ticker value="DRW8"/>
          <other otherDesc="SEDOL" value="B3P3LW3"/>
        </identifiers>
        <balance>875.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>35370.1200000000</valUSD>
        <pctVal>0.0021198562</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>Esso SA Francaise</name>
        <lei>969500NI2T909ECQHX32</lei>
        <title>Esso SA Francaise</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120669"/>
          <ticker value="ES"/>
          <other otherDesc="SEDOL" value="4320986"/>
        </identifiers>
        <balance>1045.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>64297.1200000000</valUSD>
        <pctVal>0.0038535534</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>H Lundbeck A/S</name>
        <lei>5493006R4KC2OI5D3470</lei>
        <title>H Lundbeck A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0061804697"/>
          <ticker value="HLUNA"/>
          <other otherDesc="SEDOL" value="BMGTJR4"/>
        </identifiers>
        <balance>3984.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>15256.1000000000</valUSD>
        <pctVal>0.0009143519</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>H Lundbeck A/S</name>
        <lei>5493006R4KC2OI5D3470</lei>
        <title>H Lundbeck A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0061804770"/>
          <ticker value="HLUNB"/>
          <other otherDesc="SEDOL" value="BMGTJT6"/>
        </identifiers>
        <balance>3256.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>12787.3000000000</valUSD>
        <pctVal>0.0007663880</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>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>309629.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>8364171.7600000000</valUSD>
        <pctVal>0.5012943404</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>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>6627.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>385992.8400000000</valUSD>
        <pctVal>0.0231339135</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>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="0.9950740000"/>
        <valUSD>64197.6000000000</valUSD>
        <pctVal>0.0038475888</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>ABG Sundal Collier Holding ASA</name>
        <lei>5967007LIEEXZXIEMG82</lei>
        <title>ABG Sundal Collier Holding ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003021909"/>
          <ticker value="ABG"/>
          <other otherDesc="SEDOL" value="4333058"/>
        </identifiers>
        <balance>456965.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>268091.9600000000</valUSD>
        <pctVal>0.0160676976</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>Nuix Ltd</name>
        <lei>N/A</lei>
        <title>Nuix Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000119307"/>
          <ticker value="NXL"/>
          <other otherDesc="SEDOL" value="BMW7P63"/>
        </identifiers>
        <balance>36978.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>17027.7800000000</valUSD>
        <pctVal>0.0010205350</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>Dredging Environmental &amp; Marine Engineering NV</name>
        <lei>549300Y1P1F6KL36DY14</lei>
        <title>Deme Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974413453"/>
          <ticker value="DEME"/>
          <other otherDesc="SEDOL" value="BMYKVN9"/>
        </identifiers>
        <balance>9927.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1136083.1100000000</valUSD>
        <pctVal>0.0680894713</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>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>1075.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>1341429.4900000000</valUSD>
        <pctVal>0.0803966048</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>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>19433.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>312316.6800000000</valUSD>
        <pctVal>0.0187182412</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>Lang &amp; Schwarz AG</name>
        <lei>5299000W5UY6SNDKTT52</lei>
        <title>Lang &amp; Schwarz AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000LS1LUS9"/>
          <ticker value="LUS1"/>
          <other otherDesc="SEDOL" value="B1FPR72"/>
        </identifiers>
        <balance>30420.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>433442.5500000000</valUSD>
        <pctVal>0.0259777421</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>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>909421.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>684707.7300000000</valUSD>
        <pctVal>0.0410369514</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>Tera Light Ltd</name>
        <lei>N/A</lei>
        <title>Tera Light Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011801730"/>
          <ticker value="TRLT"/>
          <other otherDesc="SEDOL" value="BMYR549"/>
        </identifiers>
        <balance>31601.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>60395.3800000000</valUSD>
        <pctVal>0.0036197083</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="3.3313000000"/>
        <valUSD>41554.3700000000</valUSD>
        <pctVal>0.0024905001</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>Modern Times Group MTG AB</name>
        <lei>549300E8NDODRSX29339</lei>
        <title>Modern Times Group MTG AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0018012494"/>
          <ticker value="MTGB"/>
          <other otherDesc="SEDOL" value="BN90DN5"/>
        </identifiers>
        <balance>163207.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1429143.5000000000</valUSD>
        <pctVal>0.0856536151</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>ADTRAN Holdings Inc</name>
        <lei>549300VV36J86CRRWF77</lei>
        <title>ADTRAN Holdings Inc</title>
        <cusip>00486H105</cusip>
        <identifiers>
          <isin value="US00486H1059"/>
          <ticker value="QH9"/>
          <other otherDesc="SEDOL" value="BNBWDL7"/>
        </identifiers>
        <balance>79452.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1836442.3100000000</valUSD>
        <pctVal>0.1100644706</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>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>15300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>295327.0700000000</valUSD>
        <pctVal>0.0176999939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>22700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>223360.3400000000</valUSD>
        <pctVal>0.0133867737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Faurecia SE</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>Faurecia SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121147"/>
          <ticker value="EO"/>
          <other otherDesc="SEDOL" value="4400446"/>
        </identifiers>
        <balance>182526.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2617577.9900000000</valUSD>
        <pctVal>0.1568806894</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>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>634632.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>3907498.0500000000</valUSD>
        <pctVal>0.2341901522</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>Linea Directa Aseguradora SA Cia de Seguros y Reaseguros</name>
        <lei>95980079E2NBJT967T79</lei>
        <title>Linea Directa Aseguradora SA Cia de Seguros y Reaseguros</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105546008"/>
          <ticker value="LDA"/>
          <other otherDesc="SEDOL" value="BNC0LH2"/>
        </identifiers>
        <balance>64629.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>69836.9300000000</valUSD>
        <pctVal>0.0041855738</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>Coface SA</name>
        <lei>96950025N07LTJYFSN57</lei>
        <title>Coface SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010667147"/>
          <ticker value="COFA"/>
          <other otherDesc="SEDOL" value="BNFWV75"/>
        </identifiers>
        <balance>144623.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1446154.4300000000</valUSD>
        <pctVal>0.0866731401</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>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>306021.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1349744.0600000000</valUSD>
        <pctVal>0.0808949263</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>46830.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>252047.2800000000</valUSD>
        <pctVal>0.0151060833</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>Vertu Motors PLC</name>
        <lei>213800GIKJEIUIGMI575</lei>
        <title>Vertu Motors PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1GK4645"/>
          <ticker value="VTU"/>
          <other otherDesc="SEDOL" value="B1GK464"/>
        </identifiers>
        <balance>555720.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>313050.2500000000</valUSD>
        <pctVal>0.0187622066</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>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>29774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>3902737.1100000000</valUSD>
        <pctVal>0.2339048123</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>N Brown Group PLC</name>
        <lei>213800QFPJQF2NUVAP09</lei>
        <title>N Brown Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1P6ZR11"/>
          <ticker value="BWNG"/>
          <other otherDesc="SEDOL" value="B1P6ZR1"/>
        </identifiers>
        <balance>181281.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>52733.6400000000</valUSD>
        <pctVal>0.0031605132</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>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>4442000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>2150294.8500000000</valUSD>
        <pctVal>0.1288747612</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>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>609742.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4030626.1500000000</valUSD>
        <pctVal>0.2415696539</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>Jinhui Shipping &amp; Transportation Ltd</name>
        <lei>54930066UQE0B7NO1M17</lei>
        <title>Jinhui Shipping &amp; Transportation Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5137R1088"/>
          <ticker value="JIN"/>
          <other otherDesc="SEDOL" value="4434489"/>
        </identifiers>
        <balance>15000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>12588.2500000000</valUSD>
        <pctVal>0.0007544583</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>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>445008.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1198921.8300000000</valUSD>
        <pctVal>0.0718556177</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>Kibun Foods Inc</name>
        <lei>N/A</lei>
        <title>Kibun Foods Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3241500002"/>
          <ticker value="2933"/>
          <other otherDesc="SEDOL" value="BNSNZW8"/>
        </identifiers>
        <balance>2000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>14207.8100000000</valUSD>
        <pctVal>0.0008515242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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="SE0017859259"/>
          <ticker value="TETY"/>
          <other otherDesc="SEDOL" value="BNTXTC5"/>
        </identifiers>
        <balance>68999.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>412914.4600000000</valUSD>
        <pctVal>0.0247474212</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>Petra Diamonds Ltd</name>
        <lei>213800X4QZIAVSA12860</lei>
        <title>Petra Diamonds Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG702782084"/>
          <ticker value="PDL"/>
          <other otherDesc="SEDOL" value="BNYNCZ4"/>
        </identifiers>
        <balance>25308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>28896.4000000000</valUSD>
        <pctVal>0.0017318633</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>Hufvudstaden AB</name>
        <lei>213800UEV5ZAFFVQ4J85</lei>
        <title>Hufvudstaden AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000170375"/>
          <ticker value="HUFVA"/>
          <other otherDesc="SEDOL" value="4449137"/>
        </identifiers>
        <balance>269839.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>3214640.7900000000</valUSD>
        <pctVal>0.1926647707</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>Derichebourg SA</name>
        <lei>969500QOO4C4IPGID263</lei>
        <title>Derichebourg SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053381"/>
          <ticker value="DBG"/>
          <other otherDesc="SEDOL" value="4457088"/>
        </identifiers>
        <balance>345326.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1942626.6300000000</valUSD>
        <pctVal>0.1164284717</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>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="7.8487000000"/>
        <valUSD>364.0100000000</valUSD>
        <pctVal>0.0000218164</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>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>483368.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>4500698.4300000000</valUSD>
        <pctVal>0.2697427451</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>iA Financial Corp Inc</name>
        <lei>549300ZXLJVHQAIXV215</lei>
        <title>iA Financial Corp Inc</title>
        <cusip>45075E104</cusip>
        <identifiers>
          <isin value="CA45075E1043"/>
          <ticker value="IAG"/>
          <other otherDesc="SEDOL" value="BJ2ZH37"/>
        </identifiers>
        <balance>66563.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3575604.1000000000</valUSD>
        <pctVal>0.2142985762</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>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>217501.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2618009.3200000000</valUSD>
        <pctVal>0.1569065405</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>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>1193000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>1409018.4700000000</valUSD>
        <pctVal>0.0844474510</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>Tate &amp; Lyle PLC</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>Tate &amp; Lyle PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BP92CJ43"/>
          <ticker value="TATE"/>
          <other otherDesc="SEDOL" value="BP92CJ4"/>
        </identifiers>
        <balance>1139021.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>10086290.3200000000</valUSD>
        <pctVal>0.6045069851</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>Wihlborgs Fastigheter AB</name>
        <lei>549300RC1YDJPITF8X06</lei>
        <title>Wihlborgs Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0018012635"/>
          <ticker value="WIHL"/>
          <other otherDesc="SEDOL" value="BPMQMP9"/>
        </identifiers>
        <balance>904779.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>6481596.1300000000</valUSD>
        <pctVal>0.3884649371</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>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"/>
        </identifiers>
        <balance>14500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>140362.8400000000</valUSD>
        <pctVal>0.0084124405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scatec ASA</name>
        <lei>5967007LIEEXZXIARK36</lei>
        <title>Scatec ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010715139"/>
          <ticker value="SCATC"/>
          <other otherDesc="SEDOL" value="BQSSWW3"/>
        </identifiers>
        <balance>62591.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>634897.3000000000</valUSD>
        <pctVal>0.0380516365</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>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>1024496.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>3432783.4900000000</valUSD>
        <pctVal>0.2057388328</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>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>231.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>5054.0500000000</valUSD>
        <pctVal>0.0003029071</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>Shapir Engineering and Industry Ltd</name>
        <lei>N/A</lei>
        <title>Shapir Engineering and Industry Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011338758"/>
          <ticker value="SPEN"/>
          <other otherDesc="SEDOL" value="BTF8CZ0"/>
        </identifiers>
        <balance>57934.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>553398.2700000000</valUSD>
        <pctVal>0.0331671119</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>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>373799.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1407617.0900000000</valUSD>
        <pctVal>0.0843634613</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>AKWEL</name>
        <lei>969500SVR0D7W9RQ6751</lei>
        <title>AKWEL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053027"/>
          <ticker value="AKW"/>
          <other otherDesc="SEDOL" value="4569530"/>
        </identifiers>
        <balance>4039.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>73019.6000000000</valUSD>
        <pctVal>0.0043763224</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>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>169154.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>4845716.3000000000</valUSD>
        <pctVal>0.2904208840</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>Focus Entertainment</name>
        <lei>969500GLMRELZ61HJS76</lei>
        <title>Focus Entertainment</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0012419307"/>
          <ticker value="ALFOC"/>
          <other otherDesc="SEDOL" value="BVRYS85"/>
        </identifiers>
        <balance>2042.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>92358.0100000000</valUSD>
        <pctVal>0.0055353416</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>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>47672.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>430823.2700000000</valUSD>
        <pctVal>0.0258207594</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>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>1063775.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1722341.2400000000</valUSD>
        <pctVal>0.1032259907</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>Talenom Oyj</name>
        <lei>7437008E4R0N45B8J675</lei>
        <title>Talenom Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000153580"/>
          <ticker value="TNOM"/>
          <other otherDesc="SEDOL" value="BWVFL82"/>
        </identifiers>
        <balance>4970.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>54201.4600000000</valUSD>
        <pctVal>0.0032484848</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>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="7.8487000000"/>
        <valUSD>2288.2600000000</valUSD>
        <pctVal>0.0001371435</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>Valora Holding AG</name>
        <lei>529900J05DZPTAGY8U53</lei>
        <title>Valora Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0002088976"/>
          <ticker value="VALN"/>
          <other otherDesc="SEDOL" value="4581619"/>
        </identifiers>
        <balance>7704.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>2040902.0100000000</valUSD>
        <pctVal>0.1223184622</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>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>162414.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3995581.0300000000</valUSD>
        <pctVal>0.2394692762</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>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>418030.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>543871.4300000000</valUSD>
        <pctVal>0.0325961348</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>Molten Ventures PLC</name>
        <lei>213800IPCR3SAYJWSW10</lei>
        <title>Molten Ventures PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BY7QYJ50"/>
          <ticker value="GROW"/>
          <other otherDesc="SEDOL" value="BY7QYJ5"/>
        </identifiers>
        <balance>235011.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1014704.4300000000</valUSD>
        <pctVal>0.0608148186</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>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>2793553.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>6653560.8400000000</valUSD>
        <pctVal>0.3987713893</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>Deutsche Pfandbriefbank AG</name>
        <lei>DZZ47B9A52ZJ6LT6VV95</lei>
        <title>Deutsche Pfandbriefbank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008019001"/>
          <ticker value="PBB"/>
          <other otherDesc="SEDOL" value="BYM6917"/>
        </identifiers>
        <balance>270958.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2338413.3900000000</valUSD>
        <pctVal>0.1401493694</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>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>467.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>6032.3200000000</valUSD>
        <pctVal>0.0003615382</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>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>705180.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>5150975.9500000000</valUSD>
        <pctVal>0.3087161724</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>JM Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>JM Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389690003"/>
          <ticker value="3539"/>
          <other otherDesc="SEDOL" value="BYM6DQ0"/>
        </identifiers>
        <balance>9900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>113329.4400000000</valUSD>
        <pctVal>0.0067922334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Per Aarsleff Holding A/S</name>
        <lei>5493008HS8STXVZXYZ63</lei>
        <title>Per Aarsleff Holding A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060700516"/>
          <ticker value="PAALB"/>
          <other otherDesc="SEDOL" value="BYMM001"/>
        </identifiers>
        <balance>27470.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>789962.9000000000</valUSD>
        <pctVal>0.0473452653</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>Kid ASA</name>
        <lei>5967007LIEEXZXH53K17</lei>
        <title>Kid ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010743545"/>
          <ticker value="KID"/>
          <other otherDesc="SEDOL" value="BYPK5G3"/>
        </identifiers>
        <balance>52924.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>475928.6000000000</valUSD>
        <pctVal>0.0285240811</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>Just Eat Takeaway.com NV</name>
        <lei>724500FVZIBSSQ7SHI95</lei>
        <title>Just Eat Takeaway.com NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012015705"/>
          <ticker value="TKWY"/>
          <other otherDesc="SEDOL" value="BYQ7HZ6"/>
        </identifiers>
        <balance>18788.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>312546.7300000000</valUSD>
        <pctVal>0.0187320289</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>TI Fluid Systems PLC</name>
        <lei>5493001T9RXVD6OAWY46</lei>
        <title>TI Fluid Systems PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYQB9V88"/>
          <ticker value="TIFS"/>
          <other otherDesc="SEDOL" value="BYQB9V8"/>
        </identifiers>
        <balance>250921.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>425275.2800000000</valUSD>
        <pctVal>0.0254882488</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>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>2368085.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>4788838.2600000000</valUSD>
        <pctVal>0.2870119823</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>Costa Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Costa Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CGC2"/>
          <ticker value="CGC"/>
          <other otherDesc="SEDOL" value="BYSGKW9"/>
        </identifiers>
        <balance>516623.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>942793.3000000000</valUSD>
        <pctVal>0.0565049307</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>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>86366.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>2988507.8400000000</valUSD>
        <pctVal>0.1791118248</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>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="1.3974500000"/>
        <valUSD>43218.8000000000</valUSD>
        <pctVal>0.0025902553</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>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>5497207.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>2360475.5700000000</valUSD>
        <pctVal>0.1414716338</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>Flow Traders</name>
        <lei>549300Z7LIC6NFIJL947</lei>
        <title>Flow Traders</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011279492"/>
          <ticker value="FLOW"/>
          <other otherDesc="SEDOL" value="BYT05J2"/>
        </identifiers>
        <balance>42345.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>847353.2000000000</valUSD>
        <pctVal>0.0507848686</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>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>73777.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1518975.6800000000</valUSD>
        <pctVal>0.0910375747</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>Atrium Ljungberg AB</name>
        <lei>5493001NNP6HM67OVU09</lei>
        <title>Atrium Ljungberg AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000191827"/>
          <ticker value="ATRLJB"/>
          <other otherDesc="SEDOL" value="B1TJ338"/>
        </identifiers>
        <balance>23263.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>337179.2400000000</valUSD>
        <pctVal>0.0202083421</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>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>641900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2551054.8500000000</valUSD>
        <pctVal>0.1528937228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>66723.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>28632.9700000000</valUSD>
        <pctVal>0.0017160750</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>251936.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2371295.9100000000</valUSD>
        <pctVal>0.1421201349</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>Regina Miracle International Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Regina Miracle International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG748071019"/>
          <ticker value="2199"/>
          <other otherDesc="SEDOL" value="BYTBQY7"/>
        </identifiers>
        <balance>195000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>120676.4700000000</valUSD>
        <pctVal>0.0072325669</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>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>7900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>9604.2900000000</valUSD>
        <pctVal>0.0005756190</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>Corticeira Amorim SGPS SA</name>
        <lei>213800J5M11TDEP3LQ76</lei>
        <title>Corticeira Amorim SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTCOR0AE0006"/>
          <ticker value="COR"/>
          <other otherDesc="SEDOL" value="4657736"/>
        </identifiers>
        <balance>645.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>6513.7200000000</valUSD>
        <pctVal>0.0003903902</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>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>1575444.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>6317465.9400000000</valUSD>
        <pctVal>0.3786280354</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>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>417308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1168368.0700000000</valUSD>
        <pctVal>0.0700244230</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>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>484525.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>304618.8400000000</valUSD>
        <pctVal>0.0182568824</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>flatexDEGIRO AG</name>
        <lei>529900IRBZTADXJB6757</lei>
        <title>flatexDEGIRO AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000FTG1111"/>
          <ticker value="FTK"/>
          <other otherDesc="SEDOL" value="BYVQYG8"/>
        </identifiers>
        <balance>115324.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1109771.6500000000</valUSD>
        <pctVal>0.0665125327</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>Camurus AB</name>
        <lei>5493003S6Z6VI7WYFQ06</lei>
        <title>Camurus AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007692850"/>
          <ticker value="CAMX"/>
          <other otherDesc="SEDOL" value="BYWKGQ3"/>
        </identifiers>
        <balance>3636.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>75666.7500000000</valUSD>
        <pctVal>0.0045349754</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>Biotage AB</name>
        <lei>529900SR87NBUKX74L58</lei>
        <title>Biotage AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000454746"/>
          <ticker value="BIOT"/>
          <other otherDesc="SEDOL" value="B1VN5T8"/>
        </identifiers>
        <balance>22939.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>385887.1300000000</valUSD>
        <pctVal>0.0231275779</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>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>1040318.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>7673972.4000000000</valUSD>
        <pctVal>0.4599282563</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>Rovio Entertainment Oyj</name>
        <lei>743700H95H3OPXDV6568</lei>
        <title>Rovio Entertainment Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000266804"/>
          <ticker value="ROVIO"/>
          <other otherDesc="SEDOL" value="BYWYSP8"/>
        </identifiers>
        <balance>64029.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>385339.7500000000</valUSD>
        <pctVal>0.0230947715</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>Sparekassen Sjaelland-Fyn A/S</name>
        <lei>5493002DPKDEC2JN1Y86</lei>
        <title>Sparekassen Sjaelland-Fyn A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060670776"/>
          <ticker value="SPKSJF"/>
          <other otherDesc="SEDOL" value="BYX33Q0"/>
        </identifiers>
        <balance>5583.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>121689.4600000000</valUSD>
        <pctVal>0.0072932789</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>Yangzijiang Shipbuilding Holdings Ltd</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>Yangzijiang Shipbuilding Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
          <ticker value="YZJSGD"/>
          <other otherDesc="SEDOL" value="B1VT035"/>
        </identifiers>
        <balance>10386300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>7198078.6300000000</valUSD>
        <pctVal>0.4314062627</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>Sligro Food Group NV</name>
        <lei>724500YLB8OA6WK5CH48</lei>
        <title>Sligro Food Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000817179"/>
          <ticker value="SLIGR"/>
          <other otherDesc="SEDOL" value="B1VV9V2"/>
        </identifiers>
        <balance>1259.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>20854.9900000000</valUSD>
        <pctVal>0.0012499132</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>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>30039.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>869218.9700000000</valUSD>
        <pctVal>0.0520953614</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>13100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>222673.9000000000</valUSD>
        <pctVal>0.0133456329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kontron AG</name>
        <lei>5299002PSXXMVHB26433</lei>
        <title>Kontron AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A0E9W5"/>
          <ticker value="KTN"/>
          <other otherDesc="SEDOL" value="4665933"/>
        </identifiers>
        <balance>34547.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>525603.7500000000</valUSD>
        <pctVal>0.0315012882</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>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="9.9378500000"/>
        <valUSD>517345.3000000000</valUSD>
        <pctVal>0.0310063301</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>268651.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1825778.9500000000</valUSD>
        <pctVal>0.1094253778</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>Solar A/S</name>
        <lei>21380031XTLI9X5MTY92</lei>
        <title>Solar A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010274844"/>
          <ticker value="SOLARB"/>
          <other otherDesc="SEDOL" value="4821672"/>
        </identifiers>
        <balance>7936.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>641615.4500000000</valUSD>
        <pctVal>0.0384542789</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>Ibstock PLC</name>
        <lei>2138003QHTNX34CN9V93</lei>
        <title>Ibstock PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYXJC278"/>
          <ticker value="IBST"/>
          <other otherDesc="SEDOL" value="BYXJC27"/>
        </identifiers>
        <balance>793994.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1745148.2700000000</valUSD>
        <pctVal>0.1045928965</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>Storytel AB</name>
        <lei>549300I1FSPPI9HHU419</lei>
        <title>Storytel AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007439443"/>
          <ticker value="STORYB"/>
          <other otherDesc="SEDOL" value="BYXX821"/>
        </identifiers>
        <balance>4814.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>20879.7500000000</valUSD>
        <pctVal>0.0012513971</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>Siltronic AG</name>
        <lei>5299003NKV26NNGHHR90</lei>
        <title>Siltronic AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000WAF3001"/>
          <ticker value="WAF"/>
          <other otherDesc="SEDOL" value="BYY5978"/>
        </identifiers>
        <balance>31355.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2148678.7000000000</valUSD>
        <pctVal>0.1287778997</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>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>16900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>123263.1500000000</valUSD>
        <pctVal>0.0073875957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>375168.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1151171.0800000000</valUSD>
        <pctVal>0.0689937466</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>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>22539.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>472312.7100000000</valUSD>
        <pctVal>0.0283073680</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>Orsero SpA</name>
        <lei>8156001895E0F4E7A803</lei>
        <title>Orsero SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005138703"/>
          <ticker value="ORS"/>
          <other otherDesc="SEDOL" value="BYZB102"/>
        </identifiers>
        <balance>1102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>18189.6800000000</valUSD>
        <pctVal>0.0010901717</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>BE Group AB</name>
        <lei>549300TD8XXBS8J3TF85</lei>
        <title>BE Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008321921"/>
          <ticker value="BEGR"/>
          <other otherDesc="SEDOL" value="BYZJSK5"/>
        </identifiers>
        <balance>13128.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>125360.6400000000</valUSD>
        <pctVal>0.0075133057</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>Hargreaves Lansdown PLC</name>
        <lei>2138008ZCE93ZDSESG90</lei>
        <title>Hargreaves Lansdown PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1VZ0M25"/>
          <ticker value="HL/"/>
          <other otherDesc="SEDOL" value="B1VZ0M2"/>
        </identifiers>
        <balance>469037.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>4440455.6300000000</valUSD>
        <pctVal>0.2661321814</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>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>229259.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>590455.9700000000</valUSD>
        <pctVal>0.0353881107</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>Atalaya Mining PLC</name>
        <lei>549300QNQPXVRXGXOX56</lei>
        <title>Atalaya Mining PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CY0106002112"/>
          <ticker value="ATYM"/>
          <other otherDesc="SEDOL" value="BYZTVM8"/>
        </identifiers>
        <balance>166337.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>429683.1600000000</valUSD>
        <pctVal>0.0257524286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</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>317403.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>3923997.7600000000</valUSD>
        <pctVal>0.2351790381</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>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>52708.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>3145553.2100000000</valUSD>
        <pctVal>0.1885241082</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>Kelt Exploration Ltd</name>
        <lei>549300OBXGWYN1VOFC24</lei>
        <title>Kelt Exploration Ltd</title>
        <cusip>488295106</cusip>
        <identifiers>
          <isin value="CA4882951060"/>
          <ticker value="KEL"/>
          <other otherDesc="SEDOL" value="B9KF5Q8"/>
        </identifiers>
        <balance>351761.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1684681.6800000000</valUSD>
        <pctVal>0.1009689203</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>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>84262.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>298263.9400000000</valUSD>
        <pctVal>0.0178760108</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>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>39638.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1382875.4900000000</valUSD>
        <pctVal>0.0828806099</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>E-Commodities Holdings Ltd</name>
        <lei>N/A</lei>
        <title>E-Commodities Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="VGG2921V1067"/>
          <ticker value="1733"/>
          <other otherDesc="SEDOL" value="BZ13Q93"/>
        </identifiers>
        <balance>11394000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>2544705.9700000000</valUSD>
        <pctVal>0.1525132120</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>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>33854.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>209165.2100000000</valUSD>
        <pctVal>0.0125360094</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>Johnson Matthey PLC</name>
        <lei>2138001AVBSD1HSC6Z10</lei>
        <title>Johnson Matthey PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZ4BQC70"/>
          <ticker value="JMAT"/>
          <other otherDesc="SEDOL" value="BZ4BQC7"/>
        </identifiers>
        <balance>472209.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>11017017.6000000000</valUSD>
        <pctVal>0.6602887566</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>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>412000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>75347.0200000000</valUSD>
        <pctVal>0.0045158129</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>GAM Holding AG</name>
        <lei>549300GGVID7ZGDMX291</lei>
        <title>GAM Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0102659627"/>
          <ticker value="GAM"/>
          <other otherDesc="SEDOL" value="B1WHVV3"/>
        </identifiers>
        <balance>225677.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>224066.4300000000</valUSD>
        <pctVal>0.0134290921</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>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>118509.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>5525390.6100000000</valUSD>
        <pctVal>0.3311561648</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>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>94046.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3053523.2800000000</valUSD>
        <pctVal>0.1830084296</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>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>2052704.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>610729.3100000000</valUSD>
        <pctVal>0.0366031635</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>FSE Lifestyle Services Ltd</name>
        <lei>N/A</lei>
        <title>FSE Lifestyle Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3727N1088"/>
          <ticker value="331"/>
          <other otherDesc="SEDOL" value="BZ4SXF0"/>
        </identifiers>
        <balance>27000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>17217.9100000000</valUSD>
        <pctVal>0.0010319301</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>Aeris Resources Ltd</name>
        <lei>N/A</lei>
        <title>Aeris Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AIS8"/>
          <ticker value="AIS"/>
          <other otherDesc="SEDOL" value="BZ8W0K2"/>
        </identifiers>
        <balance>219927.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>64494.5900000000</valUSD>
        <pctVal>0.0038653885</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>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>37455.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>62780.8700000000</valUSD>
        <pctVal>0.0037626792</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>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>219962.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>787328.1000000000</valUSD>
        <pctVal>0.0471873524</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>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>2439.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2219.2800000000</valUSD>
        <pctVal>0.0001330093</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>Good Com Asset Co Ltd</name>
        <lei>N/A</lei>
        <title>Good Com Asset Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3273750004"/>
          <ticker value="3475"/>
          <other otherDesc="SEDOL" value="BZCD4J8"/>
        </identifiers>
        <balance>15600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>149913.7800000000</valUSD>
        <pctVal>0.0089848621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>1047164.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1850373.0300000000</valUSD>
        <pctVal>0.1108993878</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>KH Neochem Co Ltd</name>
        <lei>N/A</lei>
        <title>KH Neochem Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277040006"/>
          <ticker value="4189"/>
          <other otherDesc="SEDOL" value="BZCRNM6"/>
        </identifiers>
        <balance>75500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1389350.4800000000</valUSD>
        <pctVal>0.0832686789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cazoo Group Ltd</name>
        <lei>549300PNRTNVMGVJY078</lei>
        <title>Cazoo Group Ltd</title>
        <cusip>G2007L105</cusip>
        <identifiers>
          <isin value="KYG2007L1059"/>
          <ticker value="CZOO"/>
          <other otherDesc="SEDOL" value="BNBTR05"/>
        </identifiers>
        <balance>376.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>253.7600000000</valUSD>
        <pctVal>0.0000152087</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>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>414.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6810.3000000000</valUSD>
        <pctVal>0.0004081653</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>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>1085.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11056.1500000000</valUSD>
        <pctVal>0.0006626341</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>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>495.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12305.7000000000</valUSD>
        <pctVal>0.0007375240</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>Kinross Gold Corp</name>
        <lei>549300UEBMAQDN0K0R06</lei>
        <title>Kinross Gold Corp</title>
        <cusip>496902404</cusip>
        <identifiers>
          <isin value="CA4969024047"/>
          <ticker value="K"/>
          <other otherDesc="SEDOL" value="B03Z841"/>
        </identifiers>
        <balance>1027293.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3371251.2500000000</valUSD>
        <pctVal>0.2020509885</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>CECONOMY AG</name>
        <lei>5299001X9L42HXEBCZ51</lei>
        <title>CECONOMY AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007257503"/>
          <ticker value="CEC"/>
          <other otherDesc="SEDOL" value="5041413"/>
        </identifiers>
        <balance>24947.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>36093.8200000000</valUSD>
        <pctVal>0.0021632300</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>Taro Pharmaceutical Industries Ltd</name>
        <lei>5493002WIJCSC2L2VL79</lei>
        <title>Taro Pharmaceutical Industries Ltd</title>
        <cusip>M8737E108</cusip>
        <identifiers>
          <isin value="IL0010827181"/>
          <ticker value="TARO"/>
          <other otherDesc="SEDOL" value="2872423"/>
        </identifiers>
        <balance>3625.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>122017.5000000000</valUSD>
        <pctVal>0.0073129395</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>159883.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7042846.1500000000</valUSD>
        <pctVal>0.4221026321</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>Metsa Board Oyj</name>
        <lei>743700KKB8Q035K38488</lei>
        <title>Metsa Board Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009000665"/>
          <ticker value="METSB"/>
          <other otherDesc="SEDOL" value="5071432"/>
        </identifiers>
        <balance>379742.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3264715.1800000000</valUSD>
        <pctVal>0.1956659057</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>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>108545.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1126847.7300000000</valUSD>
        <pctVal>0.0675359624</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>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>80000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>1780.7500000000</valUSD>
        <pctVal>0.0001067266</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>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="138.9250000000"/>
        <valUSD>27033.0800000000</valUSD>
        <pctVal>0.0016201879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>51052.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1124513.3700000000</valUSD>
        <pctVal>0.0673960560</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>1999.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>68230.6700000000</valUSD>
        <pctVal>0.0040893049</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>Swissquote Group Holding SA</name>
        <lei>549300O3WME82RDPEN66</lei>
        <title>Swissquote Group Holding SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0010675863"/>
          <ticker value="SQN"/>
          <other otherDesc="SEDOL" value="B1X3KP7"/>
        </identifiers>
        <balance>56290.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>6245092.1200000000</valUSD>
        <pctVal>0.3742904169</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 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>10809307.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>7433925.5300000000</valUSD>
        <pctVal>0.4455413999</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>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>30458.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>213762.6500000000</valUSD>
        <pctVal>0.0128115502</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>18405.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>870796.6100000000</valUSD>
        <pctVal>0.0521899149</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>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>52144.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1428515.7200000000</valUSD>
        <pctVal>0.0856159900</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>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>130782.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1959674.7100000000</valUSD>
        <pctVal>0.1174502233</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>Gimv NV</name>
        <lei>549300UFHGFY5IOON989</lei>
        <title>Gimv NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003699130"/>
          <ticker value="GIMB"/>
          <other otherDesc="SEDOL" value="5249080"/>
        </identifiers>
        <balance>36485.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1866649.6400000000</valUSD>
        <pctVal>0.1118749025</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>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>690317.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>6196905.6600000000</valUSD>
        <pctVal>0.3714024323</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>Mycronic AB</name>
        <lei>549300S5CCFESE4C6Y07</lei>
        <title>Mycronic AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000375115"/>
          <ticker value="MYCR"/>
          <other otherDesc="SEDOL" value="5262849"/>
        </identifiers>
        <balance>106156.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1258900.9800000000</valUSD>
        <pctVal>0.0754503799</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>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>114434.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>3167548.1300000000</valUSD>
        <pctVal>0.1898423414</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>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>39139.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2226476.1600000000</valUSD>
        <pctVal>0.1334405761</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>88219.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>4170645.8400000000</valUSD>
        <pctVal>0.2499615282</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>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>186899.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>6243751.7600000000</valUSD>
        <pctVal>0.3742100844</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>Bankinter SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0113679I37"/>
          <ticker value="BKT"/>
          <other otherDesc="SEDOL" value="5474008"/>
        </identifiers>
        <balance>973935.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4991211.1000000000</valUSD>
        <pctVal>0.2991409010</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>Mersen SA</name>
        <lei>OQXDLNM5DTBULYMF5U27</lei>
        <title>Mersen SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000039620"/>
          <ticker value="MRN"/>
          <other otherDesc="SEDOL" value="5481202"/>
        </identifiers>
        <balance>30936.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>914887.3900000000</valUSD>
        <pctVal>0.0548324310</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>Bonduelle SCA</name>
        <lei>969500QVHHN3NNVYRE94</lei>
        <title>Bonduelle SCA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000063935"/>
          <ticker value="BON"/>
          <other otherDesc="SEDOL" value="5481989"/>
        </identifiers>
        <balance>1607.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>20752.7500000000</valUSD>
        <pctVal>0.0012437856</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>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>60885.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3686372.2500000000</valUSD>
        <pctVal>0.2209373024</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>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>4404.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>93264.8800000000</valUSD>
        <pctVal>0.0055896935</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>Encavis AG</name>
        <lei>391200ECRGNL09Y2KJ67</lei>
        <title>Encavis AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006095003"/>
          <ticker value="ECV"/>
          <other otherDesc="SEDOL" value="5491966"/>
        </identifiers>
        <balance>251955.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5384612.4800000000</valUSD>
        <pctVal>0.3227188345</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>Lundin Gold Inc</name>
        <lei>549300ZOV16K515FC525</lei>
        <title>Lundin Gold Inc</title>
        <cusip>550371108</cusip>
        <identifiers>
          <isin value="CA5503711080"/>
          <ticker value="LUG"/>
          <other otherDesc="SEDOL" value="BTKSSY6"/>
        </identifiers>
        <balance>102280.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>682982.9100000000</valUSD>
        <pctVal>0.0409335768</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>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>37638.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3099649.0700000000</valUSD>
        <pctVal>0.1857729110</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>MEG Energy Corp</name>
        <lei>5493002WXPTG5ZC1T326</lei>
        <title>MEG Energy Corp</title>
        <cusip>552704108</cusip>
        <identifiers>
          <isin value="CA5527041084"/>
          <ticker value="MEG"/>
          <other otherDesc="SEDOL" value="B4XF9J1"/>
        </identifiers>
        <balance>431826.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>6036719.3500000000</valUSD>
        <pctVal>0.3618019012</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>Baader Bank AG</name>
        <lei>529900JFOPPEDUR61H13</lei>
        <title>Baader Bank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005088108"/>
          <ticker value="BWB"/>
          <other otherDesc="SEDOL" value="5527753"/>
        </identifiers>
        <balance>7342.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>27509.3300000000</valUSD>
        <pctVal>0.0016487313</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>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>141794.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3461717.5900000000</valUSD>
        <pctVal>0.2074729556</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>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>89583.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2971374.9700000000</valUSD>
        <pctVal>0.1780849914</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>697692.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1200108.0100000000</valUSD>
        <pctVal>0.0719267096</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>Marimekko Oyj</name>
        <lei>74370053IOY42B9YJ350</lei>
        <title>Marimekko Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007660"/>
          <ticker value="MEKKO"/>
          <other otherDesc="SEDOL" value="5645837"/>
        </identifiers>
        <balance>107690.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1061996.9200000000</valUSD>
        <pctVal>0.0636492244</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>AGFA-Gevaert NV</name>
        <lei>549300IHBDUTUNQJJB79</lei>
        <title>AGFA-Gevaert NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003755692"/>
          <ticker value="AGFB"/>
          <other otherDesc="SEDOL" value="5689051"/>
        </identifiers>
        <balance>877.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3171.0100000000</valUSD>
        <pctVal>0.0001900498</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>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>246.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>17937.6700000000</valUSD>
        <pctVal>0.0010750679</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>10498.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>445348.4000000000</valUSD>
        <pctVal>0.0266913018</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>PVA TePla AG</name>
        <lei>5299002Y7DARXV2Y4R82</lei>
        <title>PVA TePla AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007461006"/>
          <ticker value="TPE"/>
          <other otherDesc="SEDOL" value="5699287"/>
        </identifiers>
        <balance>24855.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>417484.0400000000</valUSD>
        <pctVal>0.0250212923</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>Ion Beam Applications</name>
        <lei>5493002RVRZ1S3CPUI26</lei>
        <title>Ion Beam Applications</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003766806"/>
          <ticker value="IBAB"/>
          <other otherDesc="SEDOL" value="5705496"/>
        </identifiers>
        <balance>46200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>820917.8200000000</valUSD>
        <pctVal>0.0492005029</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>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>1152930.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1390683.2400000000</valUSD>
        <pctVal>0.0833485559</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>2225507.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>11854404.0500000000</valUSD>
        <pctVal>0.7104762826</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>Manitou BF SA</name>
        <lei>9695008SHP3XTT9QCM25</lei>
        <title>Manitou BF SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000038606"/>
          <ticker value="MTU"/>
          <other otherDesc="SEDOL" value="5724048"/>
        </identifiers>
        <balance>4308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>70930.3000000000</valUSD>
        <pctVal>0.0042511033</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>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>16863246.6800000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16863246.6800000000</valUSD>
        <pctVal>1.0106739035</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>Cie des Alpes</name>
        <lei>96950029IN3GW457GG90</lei>
        <title>Cie des Alpes</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053324"/>
          <ticker value="CDA"/>
          <other otherDesc="SEDOL" value="B1YBWR6"/>
        </identifiers>
        <balance>12302.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>194615.5700000000</valUSD>
        <pctVal>0.0116639981</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>Origin Enterprises PLC</name>
        <lei>213800AIB4U7N5BLS350</lei>
        <title>Origin Enterprises PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B1WV4493"/>
          <ticker value="OGN"/>
          <other otherDesc="SEDOL" value="B1YC2Y6"/>
        </identifiers>
        <balance>140699.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>527431.5700000000</valUSD>
        <pctVal>0.0316108359</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>International Personal Finance PLC</name>
        <lei>213800II1O44IRKUZB59</lei>
        <title>International Personal Finance PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1YKG049"/>
          <ticker value="IPF"/>
          <other otherDesc="SEDOL" value="B1YKG04"/>
        </identifiers>
        <balance>50695.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>58920.7900000000</valUSD>
        <pctVal>0.0035313309</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>Ka Shui International Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Ka Shui International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG5217R1011"/>
          <ticker value="822"/>
          <other otherDesc="SEDOL" value="B1YWH41"/>
        </identifiers>
        <balance>1564000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>95307.0200000000</valUSD>
        <pctVal>0.0057120862</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>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>11427.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>103083.7600000000</valUSD>
        <pctVal>0.0061781736</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>707991.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1416724.6900000000</valUSD>
        <pctVal>0.0849093119</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>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="138.9250000000"/>
        <valUSD>32975.2100000000</valUSD>
        <pctVal>0.0019763207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Norwegian Energy Co ASA</name>
        <lei>5967007LIEEXZXGE3C16</lei>
        <title>Norwegian Energy Co ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010379266"/>
          <ticker value="NOR"/>
          <other otherDesc="SEDOL" value="B23D2M5"/>
        </identifiers>
        <balance>13725.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>492557.5800000000</valUSD>
        <pctVal>0.0295207146</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>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>47952.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>68493.5400000000</valUSD>
        <pctVal>0.0041050596</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>MEKO AB</name>
        <lei>529900R809HC1RFRQA91</lei>
        <title>MEKO AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002110064"/>
          <ticker value="MEKO"/>
          <other otherDesc="SEDOL" value="B23PWD2"/>
        </identifiers>
        <balance>126997.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1159885.0700000000</valUSD>
        <pctVal>0.0695160068</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>80659.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>504583.5600000000</valUSD>
        <pctVal>0.0302414740</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>1616782.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2687742.6800000000</valUSD>
        <pctVal>0.1610859070</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>JINUSHI Co Ltd</name>
        <lei>N/A</lei>
        <title>JINUSHI Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3714200007"/>
          <ticker value="3252"/>
          <other otherDesc="SEDOL" value="B28BWW4"/>
        </identifiers>
        <balance>20500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>294975.5700000000</valUSD>
        <pctVal>0.0176789272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>u-blox Holding AG</name>
        <lei>506700B2W2NUXS9X8479</lei>
        <title>u-blox Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0033361673"/>
          <ticker value="UBXN"/>
          <other otherDesc="SEDOL" value="B28PS95"/>
        </identifiers>
        <balance>18949.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>2626291.6800000000</valUSD>
        <pctVal>0.1574029316</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>Silver Lake Resources Ltd</name>
        <lei>254900Z1BWS584OIKJ61</lei>
        <title>Silver Lake Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SLR6"/>
          <ticker value="SLR"/>
          <other otherDesc="SEDOL" value="B28RMY4"/>
        </identifiers>
        <balance>3077255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2760429.8900000000</valUSD>
        <pctVal>0.1654423081</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>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>103424.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1264881.9600000000</valUSD>
        <pctVal>0.0758088411</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>nib holdings Ltd/Australia</name>
        <lei>N/A</lei>
        <title>nib holdings Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NHF0"/>
          <ticker value="NHF"/>
          <other otherDesc="SEDOL" value="B28ZM60"/>
        </identifiers>
        <balance>920332.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>5123283.9500000000</valUSD>
        <pctVal>0.3070564931</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>First Resources Ltd</name>
        <lei>5493007RRD817HUP4O49</lei>
        <title>First Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1W35938974"/>
          <ticker value="FR"/>
          <other otherDesc="SEDOL" value="B2927P4"/>
        </identifiers>
        <balance>1560400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>1681958.1200000000</valUSD>
        <pctVal>0.1008056877</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>Laboratorios Farmaceuticos Rovi SA</name>
        <lei>95980020140005936480</lei>
        <title>Laboratorios Farmaceuticos Rovi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0157261019"/>
          <ticker value="ROVI"/>
          <other otherDesc="SEDOL" value="B29F9S0"/>
        </identifiers>
        <balance>37304.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1831256.1500000000</valUSD>
        <pctVal>0.1097536457</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>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="138.9250000000"/>
        <valUSD>109210.8200000000</valUSD>
        <pctVal>0.0065453900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>412093.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2561487.1200000000</valUSD>
        <pctVal>0.1535189656</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>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"/>
        </identifiers>
        <balance>3600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>24540.8200000000</valUSD>
        <pctVal>0.0014708180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2281000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>89578.8100000000</valUSD>
        <pctVal>0.0053687743</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>Prashkovsky Investments and Construction Ltd</name>
        <lei>N/A</lei>
        <title>Prashkovsky Investments and Construction Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011021289"/>
          <ticker value="PRSK"/>
          <other otherDesc="SEDOL" value="B3CR140"/>
        </identifiers>
        <balance>4864.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>162594.9800000000</valUSD>
        <pctVal>0.0097448911</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>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>15722.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1216743.8300000000</valUSD>
        <pctVal>0.0729237530</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>1093200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1604745.7600000000</valUSD>
        <pctVal>0.0961780784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>22100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>180413.4400000000</valUSD>
        <pctVal>0.0108128143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloetta AB</name>
        <lei>549300CSLHPO6Y1AZN37</lei>
        <title>Cloetta AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002626861"/>
          <ticker value="CLAB"/>
          <other otherDesc="SEDOL" value="B3K5QQ3"/>
        </identifiers>
        <balance>527436.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>922059.2100000000</valUSD>
        <pctVal>0.0552622635</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>PAX Global Technology Ltd</name>
        <lei>N/A</lei>
        <title>PAX Global Technology Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6955J1036"/>
          <ticker value="327"/>
          <other otherDesc="SEDOL" value="B3LX5R0"/>
        </identifiers>
        <balance>55000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>52571.5200000000</valUSD>
        <pctVal>0.0031507968</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>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="1.3974500000"/>
        <valUSD>29615.9500000000</valUSD>
        <pctVal>0.0017749884</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>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>5767000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>578610.4100000000</valUSD>
        <pctVal>0.0346781645</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>Mitsubishi Research Institute Inc</name>
        <lei>N/A</lei>
        <title>Mitsubishi Research Institute Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3902200009"/>
          <ticker value="3636"/>
          <other otherDesc="SEDOL" value="B3WPWZ2"/>
        </identifiers>
        <balance>23200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>694532.0400000000</valUSD>
        <pctVal>0.0416257570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>138700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1709478.4500000000</valUSD>
        <pctVal>0.1024550782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Restar Holdings Corp</name>
        <lei>N/A</lei>
        <title>Restar Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3944360001"/>
          <ticker value="3156"/>
          <other otherDesc="SEDOL" value="B3ZGHJ1"/>
        </identifiers>
        <balance>9800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>144398.8400000000</valUSD>
        <pctVal>0.0086543322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>384900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>611254.6200000000</valUSD>
        <pctVal>0.0366346472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>597736.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2372554.4600000000</valUSD>
        <pctVal>0.1421955643</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>57388.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>149801.0200000000</valUSD>
        <pctVal>0.0089781039</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="1.4614540000"/>
        <valUSD>122282.2300000000</valUSD>
        <pctVal>0.0073288057</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>West African Resources Ltd</name>
        <lei>529900XLO8GMJNTUL013</lei>
        <title>West African Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WAF6"/>
          <ticker value="WAF"/>
          <other otherDesc="SEDOL" value="B4KBBN0"/>
        </identifiers>
        <balance>3194736.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2720251.9500000000</valUSD>
        <pctVal>0.1630343023</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>80383.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>1717741.7100000000</valUSD>
        <pctVal>0.1029503246</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>ID Logistics Group</name>
        <lei>N/A</lei>
        <title>ID Logistics Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010929125"/>
          <ticker value="IDL"/>
          <other otherDesc="SEDOL" value="B4RFDT5"/>
        </identifiers>
        <balance>422.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>118068.5900000000</valUSD>
        <pctVal>0.0070762674</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>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>207538.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>150415.0400000000</valUSD>
        <pctVal>0.0090149043</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>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>82553.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>253555.2500000000</valUSD>
        <pctVal>0.0151964612</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>3493432.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2434814.6400000000</valUSD>
        <pctVal>0.1459270367</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>Myer Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Myer Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MYR2"/>
          <ticker value="MYR"/>
          <other otherDesc="SEDOL" value="B50YPZ6"/>
        </identifiers>
        <balance>133683.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>45846.0700000000</valUSD>
        <pctVal>0.0027477168</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 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>83410.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>959759.2400000000</valUSD>
        <pctVal>0.0575217594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </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>1576000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>252361.0000000000</valUSD>
        <pctVal>0.0151248856</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>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>16414.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>117238.5700000000</valUSD>
        <pctVal>0.0070265214</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>Genel Energy Plc</name>
        <lei>549300IVCJDWC3LR8F94</lei>
        <title>Genel Energy Plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B55Q3P39"/>
          <ticker value="GENL"/>
          <other otherDesc="SEDOL" value="B55Q3P3"/>
        </identifiers>
        <balance>77741.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>128150.5000000000</valUSD>
        <pctVal>0.0076805119</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>Wallenius Wilhelmsen ASA</name>
        <lei>549300NBN0URT3RA3Y54</lei>
        <title>Wallenius Wilhelmsen ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010571680"/>
          <ticker value="WAWI"/>
          <other otherDesc="SEDOL" value="B55WMQ5"/>
        </identifiers>
        <balance>363960.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>2049072.1100000000</valUSD>
        <pctVal>0.1228081251</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>Bega Cheese Ltd</name>
        <lei>549300P1H1GM5BXPB476</lei>
        <title>Bega Cheese Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BGA8"/>
          <ticker value="BGA"/>
          <other otherDesc="SEDOL" value="B56CQJ5"/>
        </identifiers>
        <balance>604424.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1640983.2000000000</valUSD>
        <pctVal>0.0983499161</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>KMD Brands Ltd</name>
        <lei>N/A</lei>
        <title>KMD Brands Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZKMDE0001S3"/>
          <ticker value="KMD"/>
          <other otherDesc="SEDOL" value="B56S7X4"/>
        </identifiers>
        <balance>813699.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>535761.8000000000</valUSD>
        <pctVal>0.0321100960</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>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>23259900.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4991039.5600000000</valUSD>
        <pctVal>0.2991306200</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>Hurricane Energy PLC</name>
        <lei>2138007Z66OO4XWKM819</lei>
        <title>Hurricane Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B580MF54"/>
          <ticker value="HUR"/>
          <other otherDesc="SEDOL" value="B580MF5"/>
        </identifiers>
        <balance>1022797.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>87232.9000000000</valUSD>
        <pctVal>0.0052281756</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>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>1573.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>24447.6500000000</valUSD>
        <pctVal>0.0014652340</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>ReWorld Media SA</name>
        <lei>969500VO74QGAKE3EF53</lei>
        <title>ReWorld Media SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010820274"/>
          <ticker value="ALREW"/>
          <other otherDesc="SEDOL" value="B5B4FM2"/>
        </identifiers>
        <balance>6000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>38041.3700000000</valUSD>
        <pctVal>0.0022799536</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>Byggmax Group AB</name>
        <lei>549300MPJPYQB0KCNH03</lei>
        <title>Byggmax Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0003303627"/>
          <ticker value="BMAX"/>
          <other otherDesc="SEDOL" value="B5BLGL9"/>
        </identifiers>
        <balance>171674.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>705342.9200000000</valUSD>
        <pctVal>0.0422736912</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>Panoro Energy ASA</name>
        <lei>5967007LIEEXZXGWM030</lei>
        <title>Panoro Energy ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010564701"/>
          <ticker value="PEN"/>
          <other otherDesc="SEDOL" value="B5BR907"/>
        </identifiers>
        <balance>13512.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>40087.2700000000</valUSD>
        <pctVal>0.0024025716</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>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>637416.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>465716.5000000000</valUSD>
        <pctVal>0.0279120339</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>Carasso Motors Ltd</name>
        <lei>N/A</lei>
        <title>Carasso Motors Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011238503"/>
          <ticker value="CRSM"/>
          <other otherDesc="SEDOL" value="B5MTMX6"/>
        </identifiers>
        <balance>19452.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>123293.8600000000</valUSD>
        <pctVal>0.0073894363</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>3004370.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>3150730.6300000000</valUSD>
        <pctVal>0.1888344092</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>Biosynex</name>
        <lei>969500H4BGE1HBLGP566</lei>
        <title>Biosynex</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0011005933"/>
          <ticker value="ALBIO"/>
          <other otherDesc="SEDOL" value="B5VVSX5"/>
        </identifiers>
        <balance>12193.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>179142.8300000000</valUSD>
        <pctVal>0.0107366622</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>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>17102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>1336571.2800000000</valUSD>
        <pctVal>0.0801054351</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>157134.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>228419.4600000000</valUSD>
        <pctVal>0.0136899846</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>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>827722.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>7268359.3200000000</valUSD>
        <pctVal>0.4356184325</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>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>4704729.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1632475.2200000000</valUSD>
        <pctVal>0.0978400028</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>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>16700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>37847.8800000000</valUSD>
        <pctVal>0.0022683571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tv Tokyo Holdings Corp</name>
        <lei>N/A</lei>
        <title>Tv Tokyo Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3547060008"/>
          <ticker value="9413"/>
          <other otherDesc="SEDOL" value="B63KM13"/>
        </identifiers>
        <balance>6600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>93044.2800000000</valUSD>
        <pctVal>0.0055764722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>228479.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>4883868.7800000000</valUSD>
        <pctVal>0.2927074968</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>Tera Probe Inc</name>
        <lei>N/A</lei>
        <title>Tera Probe Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3546550009"/>
          <ticker value="6627"/>
          <other otherDesc="SEDOL" value="B63R485"/>
        </identifiers>
        <balance>2600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>26471.0100000000</valUSD>
        <pctVal>0.0015865011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIRAIT ONE corp</name>
        <lei>353800RI3EZVEIDAEL62</lei>
        <title>MIRAIT ONE corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910620008"/>
          <ticker value="1417"/>
          <other otherDesc="SEDOL" value="B64KR62"/>
        </identifiers>
        <balance>140800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1582461.3900000000</valUSD>
        <pctVal>0.0948424974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>434307.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1156355.1900000000</valUSD>
        <pctVal>0.0693044487</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>AG Barr PLC</name>
        <lei>213800QWTXXXF8BNEC87</lei>
        <title>AG Barr PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B6XZKY75"/>
          <ticker value="BAG"/>
          <other otherDesc="SEDOL" value="B6XZKY7"/>
        </identifiers>
        <balance>11470.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>67158.3200000000</valUSD>
        <pctVal>0.0040250352</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>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>239300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>396097.8200000000</valUSD>
        <pctVal>0.0237395406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bumitama Agri Ltd</name>
        <lei>N/A</lei>
        <title>Bumitama Agri Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2E67980267"/>
          <ticker value="BAL"/>
          <other otherDesc="SEDOL" value="B7WJ188"/>
        </identifiers>
        <balance>1717200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>767165.5100000000</valUSD>
        <pctVal>0.0459789372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>311100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2029893.0800000000</valUSD>
        <pctVal>0.1216586581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>396671.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>730431.0700000000</valUSD>
        <pctVal>0.0437773126</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>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>9100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>151254.4200000000</valUSD>
        <pctVal>0.0090652113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>453101.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2632933.8600000000</valUSD>
        <pctVal>0.1578010209</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>Dacian Gold Ltd</name>
        <lei>213800ENTL8AJ6YPZX87</lei>
        <title>Dacian Gold Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000DCN6"/>
          <ticker value="DCN"/>
          <other otherDesc="SEDOL" value="B8N9RJ7"/>
        </identifiers>
        <balance>129467.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>8755.5700000000</valUSD>
        <pctVal>0.0005247522</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>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>623894.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1695566.7400000000</valUSD>
        <pctVal>0.1016213003</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>21300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>202140.4200000000</valUSD>
        <pctVal>0.0121149890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>197526.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1199900.8600000000</valUSD>
        <pctVal>0.0719142944</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>285064.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>5617484.8500000000</valUSD>
        <pctVal>0.3366756977</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>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>229920.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1811910.0000000000</valUSD>
        <pctVal>0.1085941626</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>Foxtons Group PLC</name>
        <lei>5493001HCMG6R1MYKC59</lei>
        <title>Foxtons Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BCKFY513"/>
          <ticker value="FOXT"/>
          <other otherDesc="SEDOL" value="BCKFY51"/>
        </identifiers>
        <balance>91059.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>39333.8200000000</valUSD>
        <pctVal>0.0023574147</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>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>814485.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>680128.2400000000</valUSD>
        <pctVal>0.0407624864</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>TAG Immobilien AG</name>
        <lei>529900TAE68USJNXLR59</lei>
        <title>TAG Immobilien AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008303504"/>
          <ticker value="TEG"/>
          <other otherDesc="SEDOL" value="5735631"/>
        </identifiers>
        <balance>245253.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2262577.5600000000</valUSD>
        <pctVal>0.1356042604</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>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>197205.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1195967.3000000000</valUSD>
        <pctVal>0.0716785422</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>IDI Insurance Co Ltd</name>
        <lei>N/A</lei>
        <title>IDI Insurance Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011295016"/>
          <ticker value="IDIN"/>
          <other otherDesc="SEDOL" value="BD04HH8"/>
        </identifiers>
        <balance>2066.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>67430.3300000000</valUSD>
        <pctVal>0.0040413377</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>Accent Group Ltd</name>
        <lei>N/A</lei>
        <title>Accent Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AX19"/>
          <ticker value="AX1"/>
          <other otherDesc="SEDOL" value="BD20RS5"/>
        </identifiers>
        <balance>170492.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>173365.2000000000</valUSD>
        <pctVal>0.0103903884</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>STO SE &amp; Co KGaA</name>
        <lei>5299006NYTD89XM31K74</lei>
        <title>STO SE &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007274136"/>
          <ticker value="STO3"/>
          <other otherDesc="SEDOL" value="5740389"/>
        </identifiers>
        <balance>7533.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1178224.7500000000</valUSD>
        <pctVal>0.0706151686</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>Cewe Stiftung &amp; Co KGAA</name>
        <lei>529900IDFHN9MQ3WUD64</lei>
        <title>Cewe Stiftung &amp; Co KGAA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005403901"/>
          <ticker value="CWC"/>
          <other otherDesc="SEDOL" value="5740806"/>
        </identifiers>
        <balance>6217.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>491588.7700000000</valUSD>
        <pctVal>0.0294626504</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>Amper SA</name>
        <lei>959800GZESQUFLUH5402</lei>
        <title>Amper SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0109260531"/>
          <ticker value="AMP"/>
          <other otherDesc="SEDOL" value="5744228"/>
        </identifiers>
        <balance>1097654.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>194695.0000000000</valUSD>
        <pctVal>0.0116687587</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>Vicat SA</name>
        <lei>9695009YI1863TOVDP79</lei>
        <title>Vicat SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000031775"/>
          <ticker value="VCT"/>
          <other otherDesc="SEDOL" value="5763201"/>
        </identifiers>
        <balance>11675.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>295444.9100000000</valUSD>
        <pctVal>0.0177070564</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>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>806.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>25694.7000000000</valUSD>
        <pctVal>0.0015399741</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>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>33661.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>548156.3900000000</valUSD>
        <pctVal>0.0328529475</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>Leoni AG</name>
        <lei>5299002HNCMIUBHOMK35</lei>
        <title>Leoni AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005408884"/>
          <ticker value="LEO"/>
          <other otherDesc="SEDOL" value="5773255"/>
        </identifiers>
        <balance>21600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>151385.2200000000</valUSD>
        <pctVal>0.0090730506</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>68022.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>932797.9400000000</valUSD>
        <pctVal>0.0559058735</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>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>49423.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>154065.5900000000</valUSD>
        <pctVal>0.0092336947</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>OCI NV</name>
        <lei>549300NCMRGIBJYUOE57</lei>
        <title>OCI NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010558797"/>
          <ticker value="OCI"/>
          <other otherDesc="SEDOL" value="BD4TZK8"/>
        </identifiers>
        <balance>150269.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5641523.5100000000</valUSD>
        <pctVal>0.3381164194</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>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>3300723.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>1994512.4700000000</valUSD>
        <pctVal>0.1195381733</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>2792805.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>4829011.9300000000</valUSD>
        <pctVal>0.2894197321</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>Fomento de Construcciones y Contratas SA</name>
        <lei>95980020140005178328</lei>
        <title>Fomento de Construcciones y Contratas SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0122060314"/>
          <ticker value="FCC"/>
          <other otherDesc="SEDOL" value="5787115"/>
        </identifiers>
        <balance>15.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>134.6800000000</valUSD>
        <pctVal>0.0000080718</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>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>157383.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4827394.5600000000</valUSD>
        <pctVal>0.2893227974</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>121819.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>4403051.6800000000</valUSD>
        <pctVal>0.2638904307</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>Guillemot Corp</name>
        <lei>969500N24EZ7HPKJIV79</lei>
        <title>Guillemot Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000066722"/>
          <ticker value="GUI"/>
          <other otherDesc="SEDOL" value="5916425"/>
        </identifiers>
        <balance>1314.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>18326.4100000000</valUSD>
        <pctVal>0.0010983664</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>Sanoma Oyj</name>
        <lei>743700XJC24THUPK0S03</lei>
        <title>Sanoma Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007694"/>
          <ticker value="SANOMA"/>
          <other otherDesc="SEDOL" value="5964640"/>
        </identifiers>
        <balance>18203.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>248273.3100000000</valUSD>
        <pctVal>0.0148798959</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>Net Insight AB</name>
        <lei>549300BMCT8IT2CFDH63</lei>
        <title>Net Insight AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000366098"/>
          <ticker value="NETIB"/>
          <other otherDesc="SEDOL" value="5967683"/>
        </identifiers>
        <balance>206751.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>101023.1400000000</valUSD>
        <pctVal>0.0060546734</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>Energiekontor AG</name>
        <lei>529900MCVP6QF0PTPQ72</lei>
        <title>Energiekontor AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005313506"/>
          <ticker value="EKT"/>
          <other otherDesc="SEDOL" value="5970982"/>
        </identifiers>
        <balance>318.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>27934.3100000000</valUSD>
        <pctVal>0.0016742018</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>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="0.9950740000"/>
        <valUSD>12909.0200000000</valUSD>
        <pctVal>0.0007736831</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>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>5617775.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5717910.7500000000</valUSD>
        <pctVal>0.3426945764</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>566903.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2075624.5000000000</valUSD>
        <pctVal>0.1243995036</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>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>95403.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1177672.9000000000</valUSD>
        <pctVal>0.0705820943</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>Rieter Holding AG</name>
        <lei>529900SNR4JQCSACBN29</lei>
        <title>Rieter Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0003671440"/>
          <ticker value="RIEN"/>
          <other otherDesc="SEDOL" value="5996159"/>
        </identifiers>
        <balance>7404.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>755944.2800000000</valUSD>
        <pctVal>0.0453064093</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>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>213653.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1354945.8200000000</valUSD>
        <pctVal>0.0812066862</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>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>946000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>153832.4200000000</valUSD>
        <pctVal>0.0092197200</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>915846.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1371245.4100000000</valUSD>
        <pctVal>0.0821835781</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>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>14800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>219474.8300000000</valUSD>
        <pctVal>0.0131539013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>51400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>269180.6900000000</valUSD>
        <pctVal>0.0161329490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akebono Brake Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Akebono Brake Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3108400007"/>
          <ticker value="7238"/>
          <other otherDesc="SEDOL" value="6011200"/>
        </identifiers>
        <balance>29600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>36057.5900000000</valUSD>
        <pctVal>0.0021610587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>14016.9500000000</valUSD>
        <pctVal>0.0008400853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alkane Resources Ltd</name>
        <lei>N/A</lei>
        <title>Alkane Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ALK9"/>
          <ticker value="ALK"/>
          <other otherDesc="SEDOL" value="6014027"/>
        </identifiers>
        <balance>662962.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>328927.5100000000</valUSD>
        <pctVal>0.0197137868</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>Amada Co Ltd</name>
        <lei>N/A</lei>
        <title>Amada Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3122800000"/>
          <ticker value="6113"/>
          <other otherDesc="SEDOL" value="6022105"/>
        </identifiers>
        <balance>118300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>925633.4500000000</valUSD>
        <pctVal>0.0554764803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infinya Ltd</name>
        <lei>N/A</lei>
        <title>Infinya Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006320183"/>
          <ticker value="INFN"/>
          <other otherDesc="SEDOL" value="6026099"/>
        </identifiers>
        <balance>3142.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>318766.1600000000</valUSD>
        <pctVal>0.0191047813</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>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>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1072.2200000000</valUSD>
        <pctVal>0.0000642619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Media Holdings Inc</name>
        <lei>353800TG2T8DSPV7H313</lei>
        <title>Fuji Media Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3819400007"/>
          <ticker value="4676"/>
          <other otherDesc="SEDOL" value="6036582"/>
        </identifiers>
        <balance>44200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>349788.7500000000</valUSD>
        <pctVal>0.0209640746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="7.8487000000"/>
        <valUSD>78222.2000000000</valUSD>
        <pctVal>0.0046881326</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>Happinet Corp</name>
        <lei>N/A</lei>
        <title>Happinet Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3770300006"/>
          <ticker value="7552"/>
          <other otherDesc="SEDOL" value="6042675"/>
        </identifiers>
        <balance>10200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>118181.6700000000</valUSD>
        <pctVal>0.0070830447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>614496.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1309293.3100000000</valUSD>
        <pctVal>0.0784705701</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>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>79689.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>371970.9300000000</valUSD>
        <pctVal>0.0222935310</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>X-Fab Silicon Foundries SE</name>
        <lei>5493003UDPENPUQBJH65</lei>
        <title>X-Fab Silicon Foundries SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974310428"/>
          <ticker value="XFAB"/>
          <other otherDesc="SEDOL" value="BD97P41"/>
        </identifiers>
        <balance>35763.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>222049.1400000000</valUSD>
        <pctVal>0.0133081888</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>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>285.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2911.2300000000</valUSD>
        <pctVal>0.0001744803</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>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>249800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4008567.7200000000</valUSD>
        <pctVal>0.2402476143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>26400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>133464.4900000000</valUSD>
        <pctVal>0.0079989980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>51163.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>524857.1500000000</valUSD>
        <pctVal>0.0314565418</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>218541.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>8919583.7100000000</valUSD>
        <pctVal>0.5345821393</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>Aoyama Trading Co Ltd</name>
        <lei>N/A</lei>
        <title>Aoyama Trading Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3106200003"/>
          <ticker value="8219"/>
          <other otherDesc="SEDOL" value="6045878"/>
        </identifiers>
        <balance>101600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>674085.5900000000</valUSD>
        <pctVal>0.0404003290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tomy Co Ltd</name>
        <lei>N/A</lei>
        <title>Tomy Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3630550006"/>
          <ticker value="7867"/>
          <other otherDesc="SEDOL" value="6046923"/>
        </identifiers>
        <balance>113200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1073114.8100000000</valUSD>
        <pctVal>0.0643155588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>i-mobile Co Ltd</name>
        <lei>N/A</lei>
        <title>i-mobile Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105210003"/>
          <ticker value="6535"/>
          <other otherDesc="SEDOL" value="BDB46M5"/>
        </identifiers>
        <balance>3100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>31788.8000000000</valUSD>
        <pctVal>0.0019052150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>41016.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1520107.2700000000</valUSD>
        <pctVal>0.0911053949</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>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>30100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>685391.8700000000</valUSD>
        <pctVal>0.0410779543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMAGICA GROUP Inc</name>
        <lei>N/A</lei>
        <title>IMAGICA GROUP Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802900005"/>
          <ticker value="6879"/>
          <other otherDesc="SEDOL" value="6054186"/>
        </identifiers>
        <balance>51200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>331304.1600000000</valUSD>
        <pctVal>0.0198562279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Diamond Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Asahi Diamond Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3114400009"/>
          <ticker value="6140"/>
          <other otherDesc="SEDOL" value="6054788"/>
        </identifiers>
        <balance>21700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>121082.4900000000</valUSD>
        <pctVal>0.0072569011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 YUKIZAI CORP</name>
        <lei>N/A</lei>
        <title>ASAHI YUKIZAI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3117200000"/>
          <ticker value="4216"/>
          <other otherDesc="SEDOL" value="6055361"/>
        </identifiers>
        <balance>22200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>365378.4200000000</valUSD>
        <pctVal>0.0218984186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>132000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>699535.7500000000</valUSD>
        <pctVal>0.0419256470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samudera Shipping Line Ltd</name>
        <lei>N/A</lei>
        <title>Samudera Shipping Line Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F29855813"/>
          <ticker value="SAMU"/>
          <other otherDesc="SEDOL" value="6070900"/>
        </identifiers>
        <balance>648700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>462482.3200000000</valUSD>
        <pctVal>0.0277181981</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>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>12700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>92038.2600000000</valUSD>
        <pctVal>0.0055161778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takamatsu Construction Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Takamatsu Construction Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3457900003"/>
          <ticker value="1762"/>
          <other otherDesc="SEDOL" value="6083135"/>
        </identifiers>
        <balance>5400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>74222.1000000000</valUSD>
        <pctVal>0.0044483925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>51900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>575724.8400000000</valUSD>
        <pctVal>0.0345052221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>6062205.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>7006864.4000000000</valUSD>
        <pctVal>0.4199461188</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>HT&amp;E Ltd</name>
        <lei>N/A</lei>
        <title>HT&amp;E Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000HT18"/>
          <ticker value="HT1"/>
          <other otherDesc="SEDOL" value="BDCXQ21"/>
        </identifiers>
        <balance>1042.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1043.5400000000</valUSD>
        <pctVal>0.0000625430</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>SMCP SA</name>
        <lei>969500JC6T5WPCS4T816</lei>
        <title>SMCP SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013214145"/>
          <ticker value="SMCP"/>
          <other otherDesc="SEDOL" value="BDVP4Y6"/>
        </identifiers>
        <balance>75957.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>415971.9700000000</valUSD>
        <pctVal>0.0249306686</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>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="1.3974500000"/>
        <valUSD>28206.2300000000</valUSD>
        <pctVal>0.0016904989</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>Japan Lifeline Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan Lifeline Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3754500001"/>
          <ticker value="7575"/>
          <other otherDesc="SEDOL" value="6093491"/>
        </identifiers>
        <balance>29200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>211980.4500000000</valUSD>
        <pctVal>0.0127047367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InnoTek Ltd</name>
        <lei>N/A</lei>
        <title>InnoTek Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F66858902"/>
          <ticker value="INNOT"/>
          <other otherDesc="SEDOL" value="6096973"/>
        </identifiers>
        <balance>91000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>31243.6500000000</valUSD>
        <pctVal>0.0018725422</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>Benesse Holdings Inc</name>
        <lei>549300XOPEJA8L2IV934</lei>
        <title>Benesse Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835620000"/>
          <ticker value="9783"/>
          <other otherDesc="SEDOL" value="6121927"/>
        </identifiers>
        <balance>53500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>840898.5600000000</valUSD>
        <pctVal>0.0503980192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldcrest Co Ltd</name>
        <lei>N/A</lei>
        <title>Goldcrest Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3306800008"/>
          <ticker value="8871"/>
          <other otherDesc="SEDOL" value="6123343"/>
        </identifiers>
        <balance>24900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>310253.4300000000</valUSD>
        <pctVal>0.0185945833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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/The</name>
        <lei>2138002RV6AUUX19F397</lei>
        <title>First International Bank Of Israel Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005930388"/>
          <ticker value="FIBI"/>
          <other otherDesc="SEDOL" value="6123815"/>
        </identifiers>
        <balance>36753.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1710332.3700000000</valUSD>
        <pctVal>0.1025062567</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>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>146600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>507626.5600000000</valUSD>
        <pctVal>0.0304238517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>27600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>200249.6100000000</valUSD>
        <pctVal>0.0120016660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Jitsugyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Ebara Jitsugyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165950001"/>
          <ticker value="6328"/>
          <other otherDesc="SEDOL" value="6131250"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3197.7500000000</valUSD>
        <pctVal>0.0001916524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2101628.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1242585.1400000000</valUSD>
        <pctVal>0.0744725140</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>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>1143303.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1999731.5700000000</valUSD>
        <pctVal>0.1198509724</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>Taiho Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Taiho Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3449080005"/>
          <ticker value="6470"/>
          <other otherDesc="SEDOL" value="6145455"/>
        </identifiers>
        <balance>22800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>115113.8200000000</valUSD>
        <pctVal>0.0068991776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1582009.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>5047620.7400000000</valUSD>
        <pctVal>0.3025217298</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>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="7.8487000000"/>
        <valUSD>11583.5000000000</valUSD>
        <pctVal>0.0006942400</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>Shikun &amp; Binui Ltd</name>
        <lei>2138004NVQ51G35LN253</lei>
        <title>Shikun &amp; Binui Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010819428"/>
          <ticker value="SKBN"/>
          <other otherDesc="SEDOL" value="6151292"/>
        </identifiers>
        <balance>17321.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>78315.8900000000</valUSD>
        <pctVal>0.0046937478</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>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>147000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1127398.2300000000</valUSD>
        <pctVal>0.0675689558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CKD Corp</name>
        <lei>N/A</lei>
        <title>CKD Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3346800000"/>
          <ticker value="6407"/>
          <other otherDesc="SEDOL" value="6160050"/>
        </identifiers>
        <balance>55200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>726222.4200000000</valUSD>
        <pctVal>0.0435250733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cafe de Coral Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Cafe de Coral Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG1744V1037"/>
          <ticker value="341"/>
          <other otherDesc="SEDOL" value="6160953"/>
        </identifiers>
        <balance>184000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>263430.4400000000</valUSD>
        <pctVal>0.0157883162</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>JSB Co Ltd</name>
        <lei>35380022ZQMJUL3XRB84</lei>
        <title>JSB Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386630002"/>
          <ticker value="3480"/>
          <other otherDesc="SEDOL" value="BF0X6T4"/>
        </identifiers>
        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>54826.6000000000</valUSD>
        <pctVal>0.0032859517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MPC Container Ships ASA</name>
        <lei>213800MXS7CXYJ2Q1805</lei>
        <title>MPC Container Ships ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010791353"/>
          <ticker value="MPCC"/>
          <other otherDesc="SEDOL" value="BF20GN7"/>
        </identifiers>
        <balance>784180.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>1616699.7700000000</valUSD>
        <pctVal>0.0968945244</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>MIPS AB</name>
        <lei>549300LZSA4S0L54VQ25</lei>
        <title>MIPS AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009216278"/>
          <ticker value="MIPS"/>
          <other otherDesc="SEDOL" value="BF2CVV6"/>
        </identifiers>
        <balance>22650.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1020651.0400000000</valUSD>
        <pctVal>0.0611712199</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>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>192848.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>576461.1800000000</valUSD>
        <pctVal>0.0345493535</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>90419.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2099871.7600000000</valUSD>
        <pctVal>0.1258527275</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>Georgia Capital PLC</name>
        <lei>213800Q65T5GNBOW7H65</lei>
        <title>Georgia Capital PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF4HYV08"/>
          <ticker value="CGEO"/>
          <other otherDesc="SEDOL" value="BF4HYV0"/>
        </identifiers>
        <balance>7564.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>60014.6500000000</valUSD>
        <pctVal>0.0035968898</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>Yellow Cake PLC</name>
        <lei>213800CVMYUGOA9EZY95</lei>
        <title>Yellow Cake PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BF50RG45"/>
          <ticker value="YCA"/>
          <other otherDesc="SEDOL" value="BF50RG4"/>
        </identifiers>
        <balance>512433.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2498376.9000000000</valUSD>
        <pctVal>0.1497365473</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>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>463483.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>3893550.2000000000</valUSD>
        <pctVal>0.2333542083</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>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>41800800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>8379752.4900000000</valUSD>
        <pctVal>0.5022281486</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>8000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>162252.3700000000</valUSD>
        <pctVal>0.0097243573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medtecs International Corp Ltd</name>
        <lei>N/A</lei>
        <title>Medtecs International Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5958R1043"/>
          <ticker value="MED"/>
          <other otherDesc="SEDOL" value="6180597"/>
        </identifiers>
        <balance>1705300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>190885.7300000000</valUSD>
        <pctVal>0.0114404557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>452187.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>211240.6300000000</valUSD>
        <pctVal>0.0126603967</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>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>82787.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>148905.9000000000</valUSD>
        <pctVal>0.0089244562</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>Anora Group Oyj</name>
        <lei>52990007AXNSS4PNX352</lei>
        <title>Anora Group Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000292438"/>
          <ticker value="ANORA"/>
          <other otherDesc="SEDOL" value="BFMHDN7"/>
        </identifiers>
        <balance>36645.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>298622.8300000000</valUSD>
        <pctVal>0.0178975204</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>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>9800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>30333.3200000000</valUSD>
        <pctVal>0.0018179829</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>86300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2082176.2000000000</valUSD>
        <pctVal>0.1247921701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1194236.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>4120411.4000000000</valUSD>
        <pctVal>0.2469508009</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>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="138.9250000000"/>
        <valUSD>3770.3700000000</valUSD>
        <pctVal>0.0002259716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chori Co Ltd</name>
        <lei>N/A</lei>
        <title>Chori Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3528200003"/>
          <ticker value="8014"/>
          <other otherDesc="SEDOL" value="6193506"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>17544.0100000000</valUSD>
        <pctVal>0.0010514745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>445000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>500995.7200000000</valUSD>
        <pctVal>0.0300264421</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>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>2915000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>1253142.8500000000</valUSD>
        <pctVal>0.0751052748</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>Texhong Textile Group Ltd</name>
        <lei>213800M1HN85ACHDBK34</lei>
        <title>Texhong Textile Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG876551170"/>
          <ticker value="2678"/>
          <other otherDesc="SEDOL" value="BFSQNZ0"/>
        </identifiers>
        <balance>1353000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>1271205.6200000000</valUSD>
        <pctVal>0.0761878404</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>Chip Eng Seng Corp Ltd</name>
        <lei>N/A</lei>
        <title>Chip Eng Seng Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1H36875612"/>
          <ticker value="CHIP"/>
          <other otherDesc="SEDOL" value="6193926"/>
        </identifiers>
        <balance>274900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>130692.6300000000</valUSD>
        <pctVal>0.0078328707</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>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>9200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>71014.5100000000</valUSD>
        <pctVal>0.0042561503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="1.4614540000"/>
        <valUSD>57391.7800000000</valUSD>
        <pctVal>0.0034396920</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>BML Inc</name>
        <lei>N/A</lei>
        <title>BML Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3799700004"/>
          <ticker value="4694"/>
          <other otherDesc="SEDOL" value="6197876"/>
        </identifiers>
        <balance>68500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1752897.4100000000</valUSD>
        <pctVal>0.1050573298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>212865.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>4596472.9300000000</valUSD>
        <pctVal>0.2754828490</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>18200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>11784.4500000000</valUSD>
        <pctVal>0.0007062837</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>Hakudo Co Ltd</name>
        <lei>N/A</lei>
        <title>Hakudo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3766500007"/>
          <ticker value="7637"/>
          <other otherDesc="SEDOL" value="6216685"/>
        </identifiers>
        <balance>8500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>164790.5100000000</valUSD>
        <pctVal>0.0098764770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delek Group Ltd</name>
        <lei>213800CYKA4XE2HZZB09</lei>
        <title>Delek Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010841281"/>
          <ticker value="DLEKG"/>
          <other otherDesc="SEDOL" value="6219640"/>
        </identifiers>
        <balance>8505.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1477200.0800000000</valUSD>
        <pctVal>0.0885338155</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>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>4700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>87926.2200000000</valUSD>
        <pctVal>0.0052697288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1527470.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>4686418.1500000000</valUSD>
        <pctVal>0.2808735835</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>Cembra Money Bank AG</name>
        <lei>549300ZDHOETLAIVTE82</lei>
        <title>Cembra Money Bank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0225173167"/>
          <ticker value="CMBN"/>
          <other otherDesc="SEDOL" value="BFSSBH4"/>
        </identifiers>
        <balance>148977.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>10047428.6000000000</valUSD>
        <pctVal>0.6021778650</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>Media Do Co Ltd</name>
        <lei>N/A</lei>
        <title>Media Do Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3921230003"/>
          <ticker value="3678"/>
          <other otherDesc="SEDOL" value="BFTRL36"/>
        </identifiers>
        <balance>4100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>60307.5100000000</valUSD>
        <pctVal>0.0036144420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>53700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>20151.2700000000</valUSD>
        <pctVal>0.0012077367</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>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>193200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>514356.3100000000</valUSD>
        <pctVal>0.0308271894</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>Daiho Corp</name>
        <lei>N/A</lei>
        <title>Daiho Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3498600000"/>
          <ticker value="1822"/>
          <other otherDesc="SEDOL" value="6250360"/>
        </identifiers>
        <balance>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>78563.8500000000</valUSD>
        <pctVal>0.0047086089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiken Corp</name>
        <lei>N/A</lei>
        <title>Daiken Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3482600008"/>
          <ticker value="7905"/>
          <other otherDesc="SEDOL" value="6250401"/>
        </identifiers>
        <balance>15600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>217970.3800000000</valUSD>
        <pctVal>0.0130637343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>72500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>934142.1700000000</valUSD>
        <pctVal>0.0559864379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DKS Co Ltd</name>
        <lei>N/A</lei>
        <title>DKS Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3475000000"/>
          <ticker value="4461"/>
          <other otherDesc="SEDOL" value="6250683"/>
        </identifiers>
        <balance>2800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>44441.9900000000</valUSD>
        <pctVal>0.0026635653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>32700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>586336.7400000000</valUSD>
        <pctVal>0.0351412307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dainichiseika Color &amp; Chemicals Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Dainichiseika Color &amp; Chemicals Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3492200005"/>
          <ticker value="4116"/>
          <other otherDesc="SEDOL" value="6250962"/>
        </identifiers>
        <balance>10700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>137602.5600000000</valUSD>
        <pctVal>0.0082470072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwabo Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiwabo Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3505400006"/>
          <ticker value="3107"/>
          <other otherDesc="SEDOL" value="6251426"/>
        </identifiers>
        <balance>31000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>436391.6900000000</valUSD>
        <pctVal>0.0261544945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>29300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>574233.0500000000</valUSD>
        <pctVal>0.0344158138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Industries Ltd</name>
        <lei>N/A</lei>
        <title>Daiwa Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3505800007"/>
          <ticker value="6459"/>
          <other otherDesc="SEDOL" value="6251772"/>
        </identifiers>
        <balance>2500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>20039.2300000000</valUSD>
        <pctVal>0.0012010218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Galil Industries Ltd</name>
        <lei>213800THWVY4MIDWYH93</lei>
        <title>Delta Galil Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006270347"/>
          <ticker value="DELT"/>
          <other otherDesc="SEDOL" value="6262020"/>
        </identifiers>
        <balance>8381.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>444622.3100000000</valUSD>
        <pctVal>0.0266477846</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>Delek Automotive Systems Ltd</name>
        <lei>N/A</lei>
        <title>Delek Automotive Systems Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0008290103"/>
          <ticker value="DLEA"/>
          <other otherDesc="SEDOL" value="6266301"/>
        </identifiers>
        <balance>89099.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>1373974.1100000000</valUSD>
        <pctVal>0.0823471188</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>Infomedia Ltd</name>
        <lei>N/A</lei>
        <title>Infomedia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000IFM0"/>
          <ticker value="IFM"/>
          <other otherDesc="SEDOL" value="6268095"/>
        </identifiers>
        <balance>542757.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>531539.8000000000</valUSD>
        <pctVal>0.0318570566</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>Heartland Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Heartland Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZHGHE0007S9"/>
          <ticker value="HGH"/>
          <other otherDesc="SEDOL" value="BFXC201"/>
        </identifiers>
        <balance>6172.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>6814.7600000000</valUSD>
        <pctVal>0.0004084326</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>Pendal Group Ltd</name>
        <lei>254900CCBELY442C2M10</lei>
        <title>Pendal Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000009789"/>
          <ticker value="PDL"/>
          <other otherDesc="SEDOL" value="BFY6LL6"/>
        </identifiers>
        <balance>691898.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2429124.6300000000</valUSD>
        <pctVal>0.1455860143</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>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>56800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2141022.1500000000</valUSD>
        <pctVal>0.1283190156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TV Asahi Holdings Corp</name>
        <lei>N/A</lei>
        <title>TV Asahi Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3429000007"/>
          <ticker value="9409"/>
          <other otherDesc="SEDOL" value="6287410"/>
        </identifiers>
        <balance>58700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>611677.9400000000</valUSD>
        <pctVal>0.0366600183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Better Collective A/S</name>
        <lei>2549001EPXH6NK7I2R78</lei>
        <title>Better Collective A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060952240"/>
          <ticker value="BETCO"/>
          <other otherDesc="SEDOL" value="BFYR3S0"/>
        </identifiers>
        <balance>14769.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>202374.7300000000</valUSD>
        <pctVal>0.0121290320</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>Frontier International Inc</name>
        <lei>N/A</lei>
        <title>Frontier International Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3829520000"/>
          <ticker value="7050"/>
          <other otherDesc="SEDOL" value="BG08NB7"/>
        </identifiers>
        <balance>5900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>171298.0300000000</valUSD>
        <pctVal>0.0102664956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Redrow PLC</name>
        <lei>2138008WJZBBA7EYEL28</lei>
        <title>Redrow PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BG11K365"/>
          <ticker value="RDW"/>
          <other otherDesc="SEDOL" value="BG11K36"/>
        </identifiers>
        <balance>203023.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1192649.2500000000</valUSD>
        <pctVal>0.0714796798</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>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>178.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>21918.7700000000</valUSD>
        <pctVal>0.0013136693</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>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>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>18764.0900000000</valUSD>
        <pctVal>0.0011245982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>47000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>394897.6600000000</valUSD>
        <pctVal>0.0236676108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>229900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5507501.6400000000</valUSD>
        <pctVal>0.3300840156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brickworks Ltd</name>
        <lei>N/A</lei>
        <title>Brickworks Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BKW4"/>
          <ticker value="BKW"/>
          <other otherDesc="SEDOL" value="6315593"/>
        </identifiers>
        <balance>36303.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>502536.4000000000</valUSD>
        <pctVal>0.0301187805</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>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>1256732.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1865303.5300000000</valUSD>
        <pctVal>0.1117942254</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>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>929500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1781450.8400000000</valUSD>
        <pctVal>0.1067686376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>342.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>16030.8100000000</valUSD>
        <pctVal>0.0009607830</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>87100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>901459.3300000000</valUSD>
        <pctVal>0.0540276399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unicaja Banco SA</name>
        <lei>5493007SJLLCTM6J6M37</lei>
        <title>Unicaja Banco SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0180907000"/>
          <ticker value="UNI"/>
          <other otherDesc="SEDOL" value="BH4H4H0"/>
        </identifiers>
        <balance>1.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>0.9000000000</valUSD>
        <pctVal>0.0000000539</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>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>1490950.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>3358176.0000000000</valUSD>
        <pctVal>0.2012673426</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>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>872925.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>3151712.6400000000</valUSD>
        <pctVal>0.1888932646</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>Raysum Co Ltd</name>
        <lei>N/A</lei>
        <title>Raysum Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3979100009"/>
          <ticker value="8890"/>
          <other otherDesc="SEDOL" value="6335892"/>
        </identifiers>
        <balance>15400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>176524.8400000000</valUSD>
        <pctVal>0.0105797568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Soken Chemical &amp; Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>Soken Chemical &amp; Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3431550007"/>
          <ticker value="4972"/>
          <other otherDesc="SEDOL" value="6338910"/>
        </identifiers>
        <balance>1300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>18085.8100000000</valUSD>
        <pctVal>0.0010839464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>56902.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>2991006.0000000000</valUSD>
        <pctVal>0.1792615483</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>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>20000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>7712.6800000000</valUSD>
        <pctVal>0.0004622481</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>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>148300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3375551.2500000000</valUSD>
        <pctVal>0.2023087026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FALCO HOLDINGS Co Ltd</name>
        <lei>N/A</lei>
        <title>FALCO HOLDINGS Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802650006"/>
          <ticker value="4671"/>
          <other otherDesc="SEDOL" value="6354853"/>
        </identifiers>
        <balance>2000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>26012.2700000000</valUSD>
        <pctVal>0.0015590072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>6200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>156867.1900000000</valUSD>
        <pctVal>0.0094016045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Corp Ltd</name>
        <lei>N/A</lei>
        <title>Fuji Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3815000009"/>
          <ticker value="8860"/>
          <other otherDesc="SEDOL" value="6356086"/>
        </identifiers>
        <balance>9000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>42931.4400000000</valUSD>
        <pctVal>0.0025730328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>46705.8300000000</valUSD>
        <pctVal>0.0027992453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>190000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3859126.2800000000</valUSD>
        <pctVal>0.2312910613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>781200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5547529.2900000000</valUSD>
        <pctVal>0.3324830140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujikura Composites Inc</name>
        <lei>N/A</lei>
        <title>Fujikura Composites Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3811600000"/>
          <ticker value="5121"/>
          <other otherDesc="SEDOL" value="6356763"/>
        </identifiers>
        <balance>31200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>229096.7700000000</valUSD>
        <pctVal>0.0137305782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4155.1200000000</valUSD>
        <pctVal>0.0002490310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>32800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>297370.9300000000</valUSD>
        <pctVal>0.0178224896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>12900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>103858.6300000000</valUSD>
        <pctVal>0.0062246143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>112500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>290893.6600000000</valUSD>
        <pctVal>0.0174342839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Glory Ltd</name>
        <lei>N/A</lei>
        <title>Glory Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3274400005"/>
          <ticker value="6457"/>
          <other otherDesc="SEDOL" value="6374226"/>
        </identifiers>
        <balance>28900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>456297.2100000000</valUSD>
        <pctVal>0.0273475026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>440988.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>3814168.5300000000</valUSD>
        <pctVal>0.2285965846</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>Australian Agricultural Co Ltd</name>
        <lei>549300Y00F9KT5JNIE98</lei>
        <title>Australian Agricultural Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AAC9"/>
          <ticker value="AAC"/>
          <other otherDesc="SEDOL" value="6382285"/>
        </identifiers>
        <balance>144316.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>177849.1200000000</valUSD>
        <pctVal>0.0106591256</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>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>154726.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>211423.7700000000</valUSD>
        <pctVal>0.0126713729</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>Dream Incubator Inc</name>
        <lei>N/A</lei>
        <title>Dream Incubator Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3639420003"/>
          <ticker value="4310"/>
          <other otherDesc="SEDOL" value="6396888"/>
        </identifiers>
        <balance>8400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>120547.9000000000</valUSD>
        <pctVal>0.0072248612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cybernet Systems Co Ltd</name>
        <lei>N/A</lei>
        <title>Cybernet Systems Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3311570000"/>
          <ticker value="4312"/>
          <other otherDesc="SEDOL" value="6397427"/>
        </identifiers>
        <balance>18600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>128567.9600000000</valUSD>
        <pctVal>0.0077055317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hagiwara Electric Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Hagiwara Electric Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3765600006"/>
          <ticker value="7467"/>
          <other otherDesc="SEDOL" value="6402235"/>
        </identifiers>
        <balance>300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5086.2900000000</valUSD>
        <pctVal>0.0003048393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elematec Corp</name>
        <lei>N/A</lei>
        <title>Elematec Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3457690000"/>
          <ticker value="2715"/>
          <other otherDesc="SEDOL" value="6406237"/>
        </identifiers>
        <balance>21800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>212594.4200000000</valUSD>
        <pctVal>0.0127415341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>138000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>233406.8300000000</valUSD>
        <pctVal>0.0139888953</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>H2O Retailing Corp</name>
        <lei>N/A</lei>
        <title>H2O Retailing Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3774600005"/>
          <ticker value="8242"/>
          <other otherDesc="SEDOL" value="6408705"/>
        </identifiers>
        <balance>189600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1335806.2100000000</valUSD>
        <pctVal>0.0800595818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>111400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2755887.8900000000</valUSD>
        <pctVal>0.1651700900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>367739.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>4181179.7300000000</valUSD>
        <pctVal>0.2505928614</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>Japan System Techniques Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan System Techniques Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3712550007"/>
          <ticker value="4323"/>
          <other otherDesc="SEDOL" value="6412041"/>
        </identifiers>
        <balance>3700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>70845.0200000000</valUSD>
        <pctVal>0.0042459921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Holdings Corp</name>
        <lei>N/A</lei>
        <title>Seiko Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3414700009"/>
          <ticker value="8050"/>
          <other otherDesc="SEDOL" value="6414809"/>
        </identifiers>
        <balance>92600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1908109.7200000000</valUSD>
        <pctVal>0.1143597514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>107600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>292685.1200000000</valUSD>
        <pctVal>0.0175416525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heiwa Real Estate Co Ltd</name>
        <lei>N/A</lei>
        <title>Heiwa Real Estate Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3834800009"/>
          <ticker value="8803"/>
          <other otherDesc="SEDOL" value="6419600"/>
        </identifiers>
        <balance>96300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2715518.8500000000</valUSD>
        <pctVal>0.1627506309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Take And Give Needs Co Ltd</name>
        <lei>N/A</lei>
        <title>Take And Give Needs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3539350003"/>
          <ticker value="4331"/>
          <other otherDesc="SEDOL" value="6421519"/>
        </identifiers>
        <balance>11000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>125171.9300000000</valUSD>
        <pctVal>0.0075019956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>33600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>102509.6900000000</valUSD>
        <pctVal>0.0061437676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>13671732.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>5649551.8000000000</valUSD>
        <pctVal>0.3385975832</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>Hino Motors Ltd</name>
        <lei>3538009ZU0PHKNHJM202</lei>
        <title>Hino Motors Ltd</title>
        <cusip>433406105</cusip>
        <identifiers>
          <isin value="JP3792600003"/>
          <ticker value="7205"/>
          <other otherDesc="SEDOL" value="6428305"/>
        </identifiers>
        <balance>229700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1047949.3400000000</valUSD>
        <pctVal>0.0628073034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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-One Co Ltd</name>
        <lei>N/A</lei>
        <title>H-One Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3795200009"/>
          <ticker value="5989"/>
          <other otherDesc="SEDOL" value="6428662"/>
        </identifiers>
        <balance>9400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>40928.1500000000</valUSD>
        <pctVal>0.0024529685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>183083.5600000000</valUSD>
        <pctVal>0.0109728441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>503200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3176450.6600000000</valUSD>
        <pctVal>0.1903759014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maxell Ltd</name>
        <lei>N/A</lei>
        <title>Maxell Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3791800000"/>
          <ticker value="6810"/>
          <other otherDesc="SEDOL" value="6429386"/>
        </identifiers>
        <balance>176100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1867797.2600000000</valUSD>
        <pctVal>0.1119436834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>10600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>169414.1800000000</valUSD>
        <pctVal>0.0101535899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hodogaya Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Hodogaya Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3852600000"/>
          <ticker value="4112"/>
          <other otherDesc="SEDOL" value="6430203"/>
        </identifiers>
        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>34942.2800000000</valUSD>
        <pctVal>0.0020942142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4149.3000000000</valUSD>
        <pctVal>0.0002486822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>324800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1747949.8200000000</valUSD>
        <pctVal>0.1047608033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Horiba Ltd</name>
        <lei>N/A</lei>
        <title>Horiba Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3853000002"/>
          <ticker value="6856"/>
          <other otherDesc="SEDOL" value="6437947"/>
        </identifiers>
        <balance>4000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>182214.9700000000</valUSD>
        <pctVal>0.0109207864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hosokawa Micron Corp</name>
        <lei>N/A</lei>
        <title>Hosokawa Micron Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3846000002"/>
          <ticker value="6277"/>
          <other otherDesc="SEDOL" value="6439879"/>
        </identifiers>
        <balance>10600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>200102.8000000000</valUSD>
        <pctVal>0.0119928672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air Water Inc</name>
        <lei>N/A</lei>
        <title>Air Water Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160670000"/>
          <ticker value="4088"/>
          <other otherDesc="SEDOL" value="6441465"/>
        </identifiers>
        <balance>161200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2016619.5400000000</valUSD>
        <pctVal>0.1208631280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1364313.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>882983.2500000000</valUSD>
        <pctVal>0.0529203032</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>OSAKA Titanium Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>OSAKA Titanium Technologies Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3407200009"/>
          <ticker value="5726"/>
          <other otherDesc="SEDOL" value="6447719"/>
        </identifiers>
        <balance>84200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1919716.4200000000</valUSD>
        <pctVal>0.1150553820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eizo Corp</name>
        <lei>N/A</lei>
        <title>Eizo Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3651080008"/>
          <ticker value="6737"/>
          <other otherDesc="SEDOL" value="6451817"/>
        </identifiers>
        <balance>21300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>579771.6000000000</valUSD>
        <pctVal>0.0347477587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>283100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1663553.6900000000</valUSD>
        <pctVal>0.0997026452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>268000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2030615.8900000000</valUSD>
        <pctVal>0.1217019787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orica Ltd</name>
        <lei>N/A</lei>
        <title>Orica Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ORI1"/>
          <ticker value="ORI"/>
          <other otherDesc="SEDOL" value="6458001"/>
        </identifiers>
        <balance>250230.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2617441.9500000000</valUSD>
        <pctVal>0.1568725360</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>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="3.3313000000"/>
        <valUSD>87671.8100000000</valUSD>
        <pctVal>0.0052544811</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>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>451686.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>5448550.8800000000</valUSD>
        <pctVal>0.3265508885</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="138.9250000000"/>
        <valUSD>13544.4400000000</valUSD>
        <pctVal>0.0008117661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>156300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2719241.4600000000</valUSD>
        <pctVal>0.1629737401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>157000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2280054.6500000000</valUSD>
        <pctVal>0.1366517241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Isras Investment Co Ltd</name>
        <lei>N/A</lei>
        <title>Isras Investment Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006130343"/>
          <ticker value="ISRS"/>
          <other otherDesc="SEDOL" value="6461496"/>
        </identifiers>
        <balance>1627.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>389690.7500000000</valUSD>
        <pctVal>0.0233555423</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>Innotech Corp</name>
        <lei>N/A</lei>
        <title>Innotech Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3147800001"/>
          <ticker value="9880"/>
          <other otherDesc="SEDOL" value="6462530"/>
        </identifiers>
        <balance>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>72309.1300000000</valUSD>
        <pctVal>0.0043337414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transcosmos Inc</name>
        <lei>N/A</lei>
        <title>Transcosmos Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635700002"/>
          <ticker value="9715"/>
          <other otherDesc="SEDOL" value="6900955"/>
        </identifiers>
        <balance>69100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1906012.3800000000</valUSD>
        <pctVal>0.1142340505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>72900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1684543.7100000000</valUSD>
        <pctVal>0.1009606512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>2232.5800000000</valUSD>
        <pctVal>0.0001338064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inui Global Logistics Co Ltd</name>
        <lei>N/A</lei>
        <title>Inui Global Logistics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3146800002"/>
          <ticker value="9308"/>
          <other otherDesc="SEDOL" value="6465904"/>
        </identifiers>
        <balance>24000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>367656.4100000000</valUSD>
        <pctVal>0.0220349465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsugami Corp</name>
        <lei>N/A</lei>
        <title>Tsugami Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3531800005"/>
          <ticker value="6101"/>
          <other otherDesc="SEDOL" value="6906760"/>
        </identifiers>
        <balance>110800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>991431.7300000000</valUSD>
        <pctVal>0.0594200035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>1948.1800000000</valUSD>
        <pctVal>0.0001167613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iseki &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Iseki &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3139600005"/>
          <ticker value="6310"/>
          <other otherDesc="SEDOL" value="6466822"/>
        </identifiers>
        <balance>29800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>271100.6900000000</valUSD>
        <pctVal>0.0162480214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ishihara Sangyo Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Ishihara Sangyo Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3136800004"/>
          <ticker value="4028"/>
          <other otherDesc="SEDOL" value="6466866"/>
        </identifiers>
        <balance>106300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>854267.8300000000</valUSD>
        <pctVal>0.0511992868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Corp</name>
        <lei>N/A</lei>
        <title>UBE Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3158800007"/>
          <ticker value="4208"/>
          <other otherDesc="SEDOL" value="6910705"/>
        </identifiers>
        <balance>344900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5081896.4500000000</valUSD>
        <pctVal>0.3045759941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>5500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>197014.5600000000</valUSD>
        <pctVal>0.0118077781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IHI Corp</name>
        <lei>549300ETQIESIUQ2OE26</lei>
        <title>IHI Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3134800006"/>
          <ticker value="7013"/>
          <other otherDesc="SEDOL" value="6466985"/>
        </identifiers>
        <balance>285500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>7624650.1500000000</valUSD>
        <pctVal>0.4569721997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>215600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1691522.2600000000</valUSD>
        <pctVal>0.1013789004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>43200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>80346.7400000000</valUSD>
        <pctVal>0.0048154638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>117500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1497896.1100000000</valUSD>
        <pctVal>0.0897742017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Astena Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Astena Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3150000002"/>
          <ticker value="8095"/>
          <other otherDesc="SEDOL" value="6468066"/>
        </identifiers>
        <balance>10800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>34668.4000000000</valUSD>
        <pctVal>0.0020777996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>28300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>131600.6100000000</valUSD>
        <pctVal>0.0078872891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>22836.5900000000</valUSD>
        <pctVal>0.0013686775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>79700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2191756.9800000000</valUSD>
        <pctVal>0.1313597331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jamco Corp</name>
        <lei>N/A</lei>
        <title>Jamco Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3390000002"/>
          <ticker value="7408"/>
          <other otherDesc="SEDOL" value="6468787"/>
        </identifiers>
        <balance>12300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>115752.7200000000</valUSD>
        <pctVal>0.0069374691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Pulp &amp; Paper Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan Pulp &amp; Paper Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3694000005"/>
          <ticker value="8032"/>
          <other otherDesc="SEDOL" value="6470306"/>
        </identifiers>
        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>65870.2200000000</valUSD>
        <pctVal>0.0039478348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>102800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1719142.0700000000</valUSD>
        <pctVal>0.1030342531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Organo Corp</name>
        <lei>N/A</lei>
        <title>Organo Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3201600008"/>
          <ticker value="6368"/>
          <other otherDesc="SEDOL" value="6470522"/>
        </identifiers>
        <balance>11700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>778235.4700000000</valUSD>
        <pctVal>0.0466423990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VTech Holdings Ltd</name>
        <lei>N/A</lei>
        <title>VTech Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG9400S1329"/>
          <ticker value="303"/>
          <other otherDesc="SEDOL" value="6928560"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>6800.4300000000</valUSD>
        <pctVal>0.0004075738</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>Wakachiku Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Wakachiku Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3990800009"/>
          <ticker value="1888"/>
          <other otherDesc="SEDOL" value="6932602"/>
        </identifiers>
        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>90869.5300000000</valUSD>
        <pctVal>0.0054461317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Shokubai Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Shokubai Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3715200006"/>
          <ticker value="4114"/>
          <other otherDesc="SEDOL" value="6470588"/>
        </identifiers>
        <balance>80000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3172294.3200000000</valUSD>
        <pctVal>0.1901267973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Wool Textile Co Ltd/The</name>
        <lei>N/A</lei>
        <title>Japan Wool Textile Co Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3700800000"/>
          <ticker value="3201"/>
          <other otherDesc="SEDOL" value="6470704"/>
        </identifiers>
        <balance>78700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>578416.0200000000</valUSD>
        <pctVal>0.0346665140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>66000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>530832.7700000000</valUSD>
        <pctVal>0.0318146818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warehouse Group Ltd/The</name>
        <lei>N/A</lei>
        <title>Warehouse Group Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZWHSE0001S6"/>
          <ticker value="WHS"/>
          <other otherDesc="SEDOL" value="6939625"/>
        </identifiers>
        <balance>16193.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6343880000"/>
        <valUSD>32559.7000000000</valUSD>
        <pctVal>0.0019514178</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>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>231700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3353231.0700000000</valUSD>
        <pctVal>0.2009709755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1885539.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1977995.8900000000</valUSD>
        <pctVal>0.1185482763</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>13900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>191480.4400000000</valUSD>
        <pctVal>0.0114760987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>2713000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>1023142.9000000000</valUSD>
        <pctVal>0.0613205659</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>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>6800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>53498.0500000000</valUSD>
        <pctVal>0.0032063270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>107000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1647184.4900000000</valUSD>
        <pctVal>0.0987215813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>152700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4095695.9300000000</valUSD>
        <pctVal>0.2454695155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>246900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2670961.1800000000</valUSD>
        <pctVal>0.1600801324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>154500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1110012.5500000000</valUSD>
        <pctVal>0.0665269706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsukuba Bank Ltd</name>
        <lei>353800EK5SV3OYOMZE38</lei>
        <title>Tsukuba Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3231000005"/>
          <ticker value="8338"/>
          <other otherDesc="SEDOL" value="6483638"/>
        </identifiers>
        <balance>38600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>54212.8800000000</valUSD>
        <pctVal>0.0032491693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kato Sangyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Kato Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3213300001"/>
          <ticker value="9869"/>
          <other otherDesc="SEDOL" value="6484181"/>
        </identifiers>
        <balance>22400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>550886.4100000000</valUSD>
        <pctVal>0.0330165673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>453100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4174600.5700000000</valUSD>
        <pctVal>0.2501985492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kawai Musical Instruments Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Kawai Musical Instruments Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3221400009"/>
          <ticker value="7952"/>
          <other otherDesc="SEDOL" value="6484460"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>17664.2500000000</valUSD>
        <pctVal>0.0010586809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>41300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>801552.5100000000</valUSD>
        <pctVal>0.0480398715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KYB Corp</name>
        <lei>N/A</lei>
        <title>KYB Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3220200004"/>
          <ticker value="7242"/>
          <other otherDesc="SEDOL" value="6485009"/>
        </identifiers>
        <balance>65400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1546856.1200000000</valUSD>
        <pctVal>0.0927085479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>12935.8500000000</valUSD>
        <pctVal>0.0007752912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>1328445.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>9339601.3500000000</valUSD>
        <pctVal>0.5597552792</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>34100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>555065.4200000000</valUSD>
        <pctVal>0.0332670301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>140700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>820381.2900000000</valUSD>
        <pctVal>0.0491683468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>175300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1883749.7600000000</valUSD>
        <pctVal>0.1128997731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1478100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>6725282.7100000000</valUSD>
        <pctVal>0.4030699341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>92100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1729761.0300000000</valUSD>
        <pctVal>0.1036706849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Konoshima Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Konoshima Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3289000006"/>
          <ticker value="4026"/>
          <other otherDesc="SEDOL" value="6496625"/>
        </identifiers>
        <balance>2100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>21441.7100000000</valUSD>
        <pctVal>0.0012850774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Komori Corp</name>
        <lei>N/A</lei>
        <title>Komori Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305800009"/>
          <ticker value="6349"/>
          <other otherDesc="SEDOL" value="6496658"/>
        </identifiers>
        <balance>10100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>55798.0400000000</valUSD>
        <pctVal>0.0033441735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamada Holdings Co Ltd</name>
        <lei>353800MDZ4K1DQKLO464</lei>
        <title>Yamada Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3939000000"/>
          <ticker value="9831"/>
          <other otherDesc="SEDOL" value="6985026"/>
        </identifiers>
        <balance>13640.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>47208.5800000000</valUSD>
        <pctVal>0.0028293769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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-Wa Technos Corp</name>
        <lei>N/A</lei>
        <title>Sun-Wa Technos Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3345400000"/>
          <ticker value="8137"/>
          <other otherDesc="SEDOL" value="6985156"/>
        </identifiers>
        <balance>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>17225.1200000000</valUSD>
        <pctVal>0.0010323622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamazen Corp</name>
        <lei>N/A</lei>
        <title>Yamazen Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3936800006"/>
          <ticker value="8051"/>
          <other otherDesc="SEDOL" value="6985587"/>
        </identifiers>
        <balance>132000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>883923.5100000000</valUSD>
        <pctVal>0.0529766563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamaichi Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Yamaichi Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3934200001"/>
          <ticker value="6941"/>
          <other otherDesc="SEDOL" value="6985673"/>
        </identifiers>
        <balance>58500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>865846.1500000000</valUSD>
        <pctVal>0.0518932163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>653100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>4597477.2200000000</valUSD>
        <pctVal>0.2755430396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>72300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1383157.7700000000</valUSD>
        <pctVal>0.0828975279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unipres Corp</name>
        <lei>N/A</lei>
        <title>Unipres Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3952550006"/>
          <ticker value="5949"/>
          <other otherDesc="SEDOL" value="6985695"/>
        </identifiers>
        <balance>71400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>491917.7300000000</valUSD>
        <pctVal>0.0294823661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yodogawa Steel Works Ltd</name>
        <lei>N/A</lei>
        <title>Yodogawa Steel Works Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3959400007"/>
          <ticker value="5451"/>
          <other otherDesc="SEDOL" value="6986364"/>
        </identifiers>
        <balance>9500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>170845.6100000000</valUSD>
        <pctVal>0.0102393805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="138.9250000000"/>
        <valUSD>16101.1200000000</valUSD>
        <pctVal>0.0009649970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yokogawa Bridge Holdings Corp</name>
        <lei>N/A</lei>
        <title>Yokogawa Bridge Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3955200005"/>
          <ticker value="5911"/>
          <other otherDesc="SEDOL" value="6986405"/>
        </identifiers>
        <balance>70800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>989969.3300000000</valUSD>
        <pctVal>0.0593323567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>345200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>5645644.2400000000</valUSD>
        <pctVal>0.3383633893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yokorei Co Ltd</name>
        <lei>N/A</lei>
        <title>Yokorei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3957000007"/>
          <ticker value="2874"/>
          <other otherDesc="SEDOL" value="6986483"/>
        </identifiers>
        <balance>79500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>527198.1600000000</valUSD>
        <pctVal>0.0315968468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yorozu Corp</name>
        <lei>N/A</lei>
        <title>Yorozu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3961400003"/>
          <ticker value="7294"/>
          <other otherDesc="SEDOL" value="6986977"/>
        </identifiers>
        <balance>4500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>28853.4800000000</valUSD>
        <pctVal>0.0017292909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yotai Refractories Co Ltd</name>
        <lei>N/A</lei>
        <title>Yotai Refractories Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3953600008"/>
          <ticker value="5357"/>
          <other otherDesc="SEDOL" value="6987873"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>24053.6800000000</valUSD>
        <pctVal>0.0014416220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yuasa Trading Co Ltd</name>
        <lei>N/A</lei>
        <title>Yuasa Trading Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3945200008"/>
          <ticker value="8074"/>
          <other otherDesc="SEDOL" value="6988520"/>
        </identifiers>
        <balance>49800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1254657.0100000000</valUSD>
        <pctVal>0.0751960237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starzen Co Ltd</name>
        <lei>N/A</lei>
        <title>Starzen Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399100001"/>
          <ticker value="8043"/>
          <other otherDesc="SEDOL" value="6989404"/>
        </identifiers>
        <balance>8100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>123112.2800000000</valUSD>
        <pctVal>0.0073785535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>240467.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3846812.8600000000</valUSD>
        <pctVal>0.2305530746</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>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>38.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>15935.5900000000</valUSD>
        <pctVal>0.0009550762</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>3040.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>1429738.4700000000</valUSD>
        <pctVal>0.0856892737</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>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="0.9950740000"/>
        <valUSD>25167.2700000000</valUSD>
        <pctVal>0.0015083633</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>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>55512.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5071937.3900000000</valUSD>
        <pctVal>0.3039791125</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>62992.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>825675.1600000000</valUSD>
        <pctVal>0.0494856271</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>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>34655.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>2886388.8900000000</valUSD>
        <pctVal>0.1729914756</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>53776.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>745684.7600000000</valUSD>
        <pctVal>0.0446915201</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>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>72713.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>923237.9400000000</valUSD>
        <pctVal>0.0553329089</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>43897.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>3536898.9100000000</valUSD>
        <pctVal>0.2119788375</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>BillerudKorsnas AB</name>
        <lei>549300A5J49FO7XDGE08</lei>
        <title>BillerudKorsnas AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000862997"/>
          <ticker value="BILL"/>
          <other otherDesc="SEDOL" value="7240371"/>
        </identifiers>
        <balance>259747.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>3377379.9600000000</valUSD>
        <pctVal>0.2024183037</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>Pipestone Energy Corp</name>
        <lei>5493008FZ2N6YO7KF307</lei>
        <title>Pipestone Energy Corp</title>
        <cusip>724112107</cusip>
        <identifiers>
          <isin value="CA7241121077"/>
          <ticker value="PIPE"/>
          <other otherDesc="SEDOL" value="BH42KD3"/>
        </identifiers>
        <balance>134864.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>501112.6700000000</valUSD>
        <pctVal>0.0300334513</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>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>99982.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1193854.3600000000</valUSD>
        <pctVal>0.0715519063</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>Kopparbergs Bryggeri AB</name>
        <lei>549300OE4GJOH10WOE13</lei>
        <title>Kopparbergs Bryggeri AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000500779"/>
          <ticker value="KOBRB"/>
          <other otherDesc="SEDOL" value="7325256"/>
        </identifiers>
        <balance>12361.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>174861.2600000000</valUSD>
        <pctVal>0.0104800526</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>Orpea SA</name>
        <lei>969500LHIH3NT7PK1V89</lei>
        <title>Orpea SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000184798"/>
          <ticker value="ORP"/>
          <other otherDesc="SEDOL" value="7339451"/>
        </identifiers>
        <balance>61871.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1346112.3000000000</valUSD>
        <pctVal>0.0806772621</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>S IMMO AG</name>
        <lei>5299001QKV44IT3WPL26</lei>
        <title>S IMMO AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000652250"/>
          <ticker value="SPI"/>
          <other otherDesc="SEDOL" value="7390801"/>
        </identifiers>
        <balance>242.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>5529.8000000000</valUSD>
        <pctVal>0.0003314204</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>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>35.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2151.1400000000</valUSD>
        <pctVal>0.0001289254</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>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>42541.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>4030710.7000000000</valUSD>
        <pctVal>0.2415747213</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>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>37992.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>177842.8300000000</valUSD>
        <pctVal>0.0106587486</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>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>133077.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2693255.1600000000</valUSD>
        <pctVal>0.1614162894</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>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>142339.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>3077951.5000000000</valUSD>
        <pctVal>0.1844724991</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>7039.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>30603.1800000000</valUSD>
        <pctVal>0.0018341566</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>Spartan Delta Corp</name>
        <lei>894500P97DX8Q6G1OU04</lei>
        <title>Spartan Delta Corp</title>
        <cusip>84678A102</cusip>
        <identifiers>
          <isin value="CA84678A1021"/>
          <ticker value="SDE"/>
          <other otherDesc="SEDOL" value="BMXNHL9"/>
        </identifiers>
        <balance>206520.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2083519.2400000000</valUSD>
        <pctVal>0.1248726632</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>Stelco Holdings Inc</name>
        <lei>N/A</lei>
        <title>Stelco Holdings Inc</title>
        <cusip>858522105</cusip>
        <identifiers>
          <isin value="CA8585221051"/>
          <ticker value="STLC"/>
          <other otherDesc="SEDOL" value="BZ1C8Z0"/>
        </identifiers>
        <balance>105729.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2861892.0700000000</valUSD>
        <pctVal>0.1715232947</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>STEP Energy Services Ltd</name>
        <lei>549300MWW32HB8DY8M69</lei>
        <title>STEP Energy Services Ltd</title>
        <cusip>85859H105</cusip>
        <identifiers>
          <isin value="CA85859H1055"/>
          <ticker value="STEP"/>
          <other otherDesc="SEDOL" value="BD6RP33"/>
        </identifiers>
        <balance>8300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>40762.1700000000</valUSD>
        <pctVal>0.0024430207</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>Surge Energy Inc</name>
        <lei>549300C45JTS75N6ZY04</lei>
        <title>Surge Energy Inc</title>
        <cusip>86880Y877</cusip>
        <identifiers>
          <isin value="CA86880Y8779"/>
          <ticker value="SGY"/>
          <other otherDesc="SEDOL" value="BN7G0P6"/>
        </identifiers>
        <balance>110349.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>846931.8300000000</valUSD>
        <pctVal>0.0507596144</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>Tidewater Midstream and Infrastructure Ltd</name>
        <lei>549300JX7XAI5IS46I55</lei>
        <title>Tidewater Midstream and Infrastructure Ltd</title>
        <cusip>886453109</cusip>
        <identifiers>
          <isin value="CA8864531097"/>
          <ticker value="TWM"/>
          <other otherDesc="SEDOL" value="BWWK2C7"/>
        </identifiers>
        <balance>71511.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>65883.6600000000</valUSD>
        <pctVal>0.0039486403</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>210007.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1559042.3300000000</valUSD>
        <pctVal>0.0934389105</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>Total Energy Services Inc</name>
        <lei>549300R3W0R3EV800D58</lei>
        <title>Total Energy Services Inc</title>
        <cusip>89154B102</cusip>
        <identifiers>
          <isin value="CA89154B1022"/>
          <ticker value="TOT"/>
          <other otherDesc="SEDOL" value="B4YSN64"/>
        </identifiers>
        <balance>4600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>25463.1300000000</valUSD>
        <pctVal>0.0015260953</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>17.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>214.3500000000</valUSD>
        <pctVal>0.0000128468</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>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>69764.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1918662.7200000000</valUSD>
        <pctVal>0.1149922300</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>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>451427.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>12057760.0500000000</valUSD>
        <pctVal>0.7226641256</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>Yangzijiang Financial Holding Ltd</name>
        <lei>984500E58A4F80AFB647</lei>
        <title>Yangzijiang Financial Holding Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE77102635"/>
          <ticker value="YZJFH"/>
          <other otherDesc="SEDOL" value="BNZKT97"/>
        </identifiers>
        <balance>2550300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>682262.0500000000</valUSD>
        <pctVal>0.0408903731</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>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>11631.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1040577.5300000000</valUSD>
        <pctVal>0.0623654848</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>Western Forest Products Inc</name>
        <lei>54930025VS2JPY0XAU56</lei>
        <title>Western Forest Products Inc</title>
        <cusip>958211203</cusip>
        <identifiers>
          <isin value="CA9582112038"/>
          <ticker value="WEF"/>
          <other otherDesc="SEDOL" value="B02F2N9"/>
        </identifiers>
        <balance>1171541.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>1373718.4600000000</valUSD>
        <pctVal>0.0823317968</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>Yamana Gold Inc</name>
        <lei>549300WHE4O6UJ2KU013</lei>
        <title>Yamana Gold Inc</title>
        <cusip>98462Y100</cusip>
        <identifiers>
          <isin value="CA98462Y1007"/>
          <ticker value="YRI"/>
          <other otherDesc="SEDOL" value="2219279"/>
        </identifiers>
        <balance>461753.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>2039187.8800000000</valUSD>
        <pctVal>0.1222157283</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>Yangarra Resources Ltd</name>
        <lei>5493007KXYEO5BVIF556</lei>
        <title>Yangarra Resources Ltd</title>
        <cusip>98474P501</cusip>
        <identifiers>
          <isin value="CA98474P5013"/>
          <ticker value="YGR"/>
          <other otherDesc="SEDOL" value="BN45959"/>
        </identifiers>
        <balance>16400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>35213.7700000000</valUSD>
        <pctVal>0.0021104855</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>176317.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>7847825.4200000000</valUSD>
        <pctVal>0.4703478815</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>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>268300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1714742.4700000000</valUSD>
        <pctVal>0.1027705695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evolution Mining Ltd</name>
        <lei>254900BCFW5QO5LW8F27</lei>
        <title>Evolution Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000EVN4"/>
          <ticker value="EVN"/>
          <other otherDesc="SEDOL" value="B3X0F91"/>
        </identifiers>
        <balance>2670714.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>4291977.0500000000</valUSD>
        <pctVal>0.2572333360</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>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>143435.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>7817519.7200000000</valUSD>
        <pctVal>0.4685315539</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>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>6600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>91227.2900000000</valUSD>
        <pctVal>0.0054675735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>63856.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>3626011.3200000000</valUSD>
        <pctVal>0.2173196588</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>Hoosiers Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Hoosiers Holdings Co Ltd</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="138.9250000000"/>
        <valUSD>89926.3300000000</valUSD>
        <pctVal>0.0053896024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Beteiligungs AG</name>
        <lei>529900I88AOT7YXRMQ23</lei>
        <title>Deutsche Beteiligungs AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1TNUT7"/>
          <ticker value="DBAN"/>
          <other otherDesc="SEDOL" value="BBNBQJ7"/>
        </identifiers>
        <balance>12982.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>363084.8900000000</valUSD>
        <pctVal>0.0217609592</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>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"/>
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        <balance>5200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>27943.6900000000</valUSD>
        <pctVal>0.0016747640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Odfjell Drilling Ltd</name>
        <lei>529900M08ZU24JXMPB85</lei>
        <title>Odfjell Drilling Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG671801022"/>
          <ticker value="ODL"/>
          <other otherDesc="SEDOL" value="BDX87W2"/>
        </identifiers>
        <balance>364708.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>990641.9600000000</valUSD>
        <pctVal>0.0593726698</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>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>356424.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>2316860.7300000000</valUSD>
        <pctVal>0.1388576424</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>Fila SpA</name>
        <lei>81560094A389646CAF21</lei>
        <title>Fila SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004967292"/>
          <ticker value="FILA"/>
          <other otherDesc="SEDOL" value="BH89L26"/>
        </identifiers>
        <balance>23357.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>176238.9300000000</valUSD>
        <pctVal>0.0105626212</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>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>17558.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2235210.5600000000</valUSD>
        <pctVal>0.1339640595</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>117000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2092045.4200000000</valUSD>
        <pctVal>0.1253836673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>51670.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>30734.2600000000</valUSD>
        <pctVal>0.0018420127</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>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>1271937.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2447185.4700000000</valUSD>
        <pctVal>0.1466684642</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>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="138.9250000000"/>
        <valUSD>23682.4200000000</valUSD>
        <pctVal>0.0014193710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Kiraboshi Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Tokyo Kiraboshi Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3584400000"/>
          <ticker value="7173"/>
          <other otherDesc="SEDOL" value="BQQ1JS9"/>
        </identifiers>
        <balance>57200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>922456.6800000000</valUSD>
        <pctVal>0.0552860853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>255774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1237155.7200000000</valUSD>
        <pctVal>0.0741471097</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>273800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>453917.2800000000</valUSD>
        <pctVal>0.0272048650</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>Macnica Holdings Inc</name>
        <lei>N/A</lei>
        <title>Macnica Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3862960006"/>
          <ticker value="3132"/>
          <other otherDesc="SEDOL" value="BVVQ8X2"/>
        </identifiers>
        <balance>54200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1162940.2900000000</valUSD>
        <pctVal>0.0696991169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>35507.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>2097619.3000000000</valUSD>
        <pctVal>0.1257177296</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>GRENKE AG</name>
        <lei>529900BHRYZ464GFD289</lei>
        <title>GRENKE AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A161N30"/>
          <ticker value="GLJ"/>
          <other otherDesc="SEDOL" value="BYR4KP7"/>
        </identifiers>
        <balance>10080.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>242363.1300000000</valUSD>
        <pctVal>0.0145256780</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>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>397900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>11913427.9800000000</valUSD>
        <pctVal>0.7140137951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chilled &amp; Frozen Logistics Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Chilled &amp; Frozen Logistics Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3346180007"/>
          <ticker value="9099"/>
          <other otherDesc="SEDOL" value="BZ2ZGJ8"/>
        </identifiers>
        <balance>1900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>16833.1200000000</valUSD>
        <pctVal>0.0010088683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 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>19752.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1393226.9000000000</valUSD>
        <pctVal>0.0835010064</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>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>26192.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>507875.6000000000</valUSD>
        <pctVal>0.0304387776</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>Bell Food Group AG</name>
        <lei>50670090YSFJ2732TD58</lei>
        <title>Bell Food Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0315966322"/>
          <ticker value="BELL"/>
          <other otherDesc="SEDOL" value="BD6T1P3"/>
        </identifiers>
        <balance>4474.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>1172164.7300000000</valUSD>
        <pctVal>0.0702519702</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>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>191430.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2285459.9800000000</valUSD>
        <pctVal>0.1369756846</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>Intermediate Capital Group PLC</name>
        <lei>549300OGASR5WRKJ8R68</lei>
        <title>Intermediate Capital Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYT1DJ19"/>
          <ticker value="ICP"/>
          <other otherDesc="SEDOL" value="BYT1DJ1"/>
        </identifiers>
        <balance>475600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>7518171.5100000000</valUSD>
        <pctVal>0.4505905589</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>Enav SpA</name>
        <lei>81560048ECF8D2059980</lei>
        <title>Enav SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005176406"/>
          <ticker value="ENAV"/>
          <other otherDesc="SEDOL" value="BD0CRV6"/>
        </identifiers>
        <balance>769.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>3179.1400000000</valUSD>
        <pctVal>0.0001905371</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>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>316268.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>2980838.0800000000</valUSD>
        <pctVal>0.1786521490</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>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>3900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>28047.5800000000</valUSD>
        <pctVal>0.0016809905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>234900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1246278.3000000000</valUSD>
        <pctVal>0.0746938581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bravura Solutions Ltd</name>
        <lei>N/A</lei>
        <title>Bravura Solutions Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BVS9"/>
          <ticker value="BVS"/>
          <other otherDesc="SEDOL" value="BZBHBM3"/>
        </identifiers>
        <balance>401752.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>431122.7400000000</valUSD>
        <pctVal>0.0258387077</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 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>579931.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>1571357.0300000000</valUSD>
        <pctVal>0.0941769739</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>BFF Bank SpA</name>
        <lei>815600522538355AE429</lei>
        <title>BFF Bank SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005244402"/>
          <ticker value="BFF"/>
          <other otherDesc="SEDOL" value="BD0TSX6"/>
        </identifiers>
        <balance>54749.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>346558.8400000000</valUSD>
        <pctVal>0.0207704947</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>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>50000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>3311.8100000000</valUSD>
        <pctVal>0.0001984885</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>344589.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>4287023.8900000000</valUSD>
        <pctVal>0.2569364756</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>19625.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>119782.7600000000</valUSD>
        <pctVal>0.0071790037</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>Liechtensteinische Landesbank AG</name>
        <lei>529900OE1FOAM50XLP72</lei>
        <title>Liechtensteinische Landesbank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LI0355147575"/>
          <ticker value="LLBN"/>
          <other otherDesc="SEDOL" value="BYQMFV3"/>
        </identifiers>
        <balance>5832.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>332982.8000000000</valUSD>
        <pctVal>0.0199568347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METRO AG</name>
        <lei>5299006EQ03K3SSUYS12</lei>
        <title>METRO AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000BFB0019"/>
          <ticker value="B4B"/>
          <other otherDesc="SEDOL" value="BD6QT83"/>
        </identifiers>
        <balance>161704.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1287348.9300000000</valUSD>
        <pctVal>0.0771553659</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>Eurobio Scientific SA</name>
        <lei>969500IQEUEH806GE257</lei>
        <title>Eurobio Scientific SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013240934"/>
          <ticker value="ALERS"/>
          <other otherDesc="SEDOL" value="BF6P5N1"/>
        </identifiers>
        <balance>27648.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>509771.7600000000</valUSD>
        <pctVal>0.0305524212</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>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>3602.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>12164.3500000000</valUSD>
        <pctVal>0.0007290524</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>Corem Property Group AB</name>
        <lei>213800CHXQQD7TSS1T59</lei>
        <title>Corem Property Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010714287"/>
          <ticker value="COREB"/>
          <other otherDesc="SEDOL" value="BYVWKN5"/>
        </identifiers>
        <balance>423419.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>493792.9500000000</valUSD>
        <pctVal>0.0295947547</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>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>140335.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2234780.8700000000</valUSD>
        <pctVal>0.1339383067</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>Kokusai Pulp &amp; Paper Co Ltd</name>
        <lei>3538004R8XRJE52GJZ81</lei>
        <title>Kokusai Pulp &amp; Paper Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3293350009"/>
          <ticker value="9274"/>
          <other otherDesc="SEDOL" value="BG1VQ94"/>
        </identifiers>
        <balance>98500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>502079.9600000000</valUSD>
        <pctVal>0.0300914244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mutares SE &amp; Co KGaA</name>
        <lei>391200NWMO6NLQFSCU64</lei>
        <title>Mutares SE &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2NB650"/>
          <ticker value="MUX"/>
          <other otherDesc="SEDOL" value="BFYG8K4"/>
        </identifiers>
        <balance>15517.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>250439.2900000000</valUSD>
        <pctVal>0.0150097107</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>Instone Real Estate Group SE</name>
        <lei>391200DINUIRPDZQHX03</lei>
        <title>Instone Real Estate Group SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2NBX80"/>
          <ticker value="INS"/>
          <other otherDesc="SEDOL" value="BFYXP82"/>
        </identifiers>
        <balance>78683.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>696506.5800000000</valUSD>
        <pctVal>0.0417440981</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>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>17900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>336785.8900000000</valUSD>
        <pctVal>0.0201847673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>2653873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2903395.7600000000</valUSD>
        <pctVal>0.1740107573</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>83042.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>1068567.3100000000</valUSD>
        <pctVal>0.0640430111</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>29320.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>1391328.7800000000</valUSD>
        <pctVal>0.0833872454</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>Troax Group AB</name>
        <lei>5493003TBEWGBIEG1X97</lei>
        <title>Troax Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012729366"/>
          <ticker value="TROAX"/>
          <other otherDesc="SEDOL" value="BJ84HW7"/>
        </identifiers>
        <balance>4.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>64.7200000000</valUSD>
        <pctVal>0.0000038789</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>OKEA ASA</name>
        <lei>549300H385IGBB58CN91</lei>
        <title>OKEA ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010816895"/>
          <ticker value="OKEA"/>
          <other otherDesc="SEDOL" value="BKC5Z52"/>
        </identifiers>
        <balance>12489.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>64862.2600000000</valUSD>
        <pctVal>0.0038874242</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>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>33094.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>191689.3100000000</valUSD>
        <pctVal>0.0114886170</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>3496199.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>1854515.0400000000</valUSD>
        <pctVal>0.1111476331</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>Sanlorenzo SpA/Ameglia</name>
        <lei>8156006C71E895860132</lei>
        <title>Sanlorenzo SpA/Ameglia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003549422"/>
          <ticker value="SL"/>
          <other otherDesc="SEDOL" value="BKKCLZ7"/>
        </identifiers>
        <balance>25548.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>802655.4900000000</valUSD>
        <pctVal>0.0481059770</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>BW Energy Ltd</name>
        <lei>5493004D19CJBN3DLD40</lei>
        <title>BW Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG0702P1086"/>
          <ticker value="BWE"/>
          <other otherDesc="SEDOL" value="BKM1QH9"/>
        </identifiers>
        <balance>142484.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>355314.9700000000</valUSD>
        <pctVal>0.0212952805</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>403469.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2004380.4400000000</valUSD>
        <pctVal>0.1201295955</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>V-ZUG Holding AG</name>
        <lei>N/A</lei>
        <title>V-ZUG Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0542483745"/>
          <ticker value="VZUG"/>
          <other otherDesc="SEDOL" value="BL6LP20"/>
        </identifiers>
        <balance>762.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>59965.7400000000</valUSD>
        <pctVal>0.0035939585</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>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>65617.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>522156.8100000000</valUSD>
        <pctVal>0.0312947009</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>UG Healthcare Corp Ltd</name>
        <lei>N/A</lei>
        <title>UG Healthcare Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE48766716"/>
          <ticker value="UGHC"/>
          <other otherDesc="SEDOL" value="BLF7DQ9"/>
        </identifiers>
        <balance>356100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3974500000"/>
        <valUSD>53427.3600000000</valUSD>
        <pctVal>0.0032020903</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>Rana Gruber ASA</name>
        <lei>5493003MBTQHX9VNKN13</lei>
        <title>Rana Gruber ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010907389"/>
          <ticker value="RANA"/>
          <other otherDesc="SEDOL" value="BNKBD82"/>
        </identifiers>
        <balance>6421.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>27904.0700000000</valUSD>
        <pctVal>0.0016723894</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>Sawai Group Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Sawai Group Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3323040000"/>
          <ticker value="4887"/>
          <other otherDesc="SEDOL" value="BMC9NN2"/>
        </identifiers>
        <balance>4200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>124121.4900000000</valUSD>
        <pctVal>0.0074390391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GARO AB</name>
        <lei>549300RKWROUEEV6VP74</lei>
        <title>GARO AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015812417"/>
          <ticker value="GARO"/>
          <other otherDesc="SEDOL" value="BN6RVB3"/>
        </identifiers>
        <balance>14419.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>156736.3900000000</valUSD>
        <pctVal>0.0093937652</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>Densan System Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Densan System Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3551440005"/>
          <ticker value="4072"/>
          <other otherDesc="SEDOL" value="BN2T3Y0"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>15518.8400000000</valUSD>
        <pctVal>0.0009300989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Endeavour Mining PLC</name>
        <lei>529900NI5MXQ91GHXR07</lei>
        <title>Endeavour Mining PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BL6K5J42"/>
          <ticker value="EDV"/>
          <other otherDesc="SEDOL" value="BN7KJJ5"/>
        </identifiers>
        <balance>27094.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>527294.8100000000</valUSD>
        <pctVal>0.0316026394</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>MARUKA FURUSATO Corp</name>
        <lei>N/A</lei>
        <title>MARUKA FURUSATO Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3828100002"/>
          <ticker value="7128"/>
          <other otherDesc="SEDOL" value="BMTPPG0"/>
        </identifiers>
        <balance>27000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>658020.3300000000</valUSD>
        <pctVal>0.0394374813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Juroku Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3392650002"/>
          <ticker value="7380"/>
          <other otherDesc="SEDOL" value="BLGYF07"/>
        </identifiers>
        <balance>42600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>753789.1800000000</valUSD>
        <pctVal>0.0451772466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Financial Holdings Inc</name>
        <lei>N/A</lei>
        <title>Hokkoku Financial Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3851600001"/>
          <ticker value="7381"/>
          <other otherDesc="SEDOL" value="BLGY239"/>
        </identifiers>
        <balance>6100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>215812.0900000000</valUSD>
        <pctVal>0.0129343804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRE Holdings Corp</name>
        <lei>N/A</lei>
        <title>TRE Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3538540000"/>
          <ticker value="9247"/>
          <other otherDesc="SEDOL" value="BMTPP37"/>
        </identifiers>
        <balance>40.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>489.8900000000</valUSD>
        <pctVal>0.0000293608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFRONEER Holdings Inc</name>
        <lei>N/A</lei>
        <title>INFRONEER Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3153850007"/>
          <ticker value="5076"/>
          <other otherDesc="SEDOL" value="BLGYFQ3"/>
        </identifiers>
        <balance>308884.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>2207927.2800000000</valUSD>
        <pctVal>0.1323288762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vitesco Technologies Group AG</name>
        <lei>529900CCDMZ7UCYYS252</lei>
        <title>Vitesco Technologies Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000VTSC017"/>
          <ticker value="VTSC"/>
          <other otherDesc="SEDOL" value="BMYLGD7"/>
        </identifiers>
        <balance>39485.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>1928270.5000000000</valUSD>
        <pctVal>0.1155680582</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>Symbio Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Symbio Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000190167"/>
          <ticker value="SYM"/>
          <other otherDesc="SEDOL" value="BP4BJS4"/>
        </identifiers>
        <balance>3813.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>10210.1100000000</valUSD>
        <pctVal>0.0006119279</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>Allkem Ltd</name>
        <lei>2138006SR6M416DVKM86</lei>
        <title>Allkem Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000193666"/>
          <ticker value="AKE"/>
          <other otherDesc="SEDOL" value="BLSNC78"/>
        </identifiers>
        <balance>1887.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>17492.4300000000</valUSD>
        <pctVal>0.0010483831</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>Newcrest Mining Ltd</name>
        <lei>5299006MN50OZJUJI655</lei>
        <title>Newcrest Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NCM7"/>
          <ticker value="NCM"/>
          <other otherDesc="SEDOL" value="B75BRF0"/>
        </identifiers>
        <balance>2886.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>33796.5400000000</valUSD>
        <pctVal>0.0020255459</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>Odfjell Technology Ltd</name>
        <lei>529900ZYHGCPTAD1R169</lei>
        <title>Odfjell Technology Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6716L1081"/>
          <ticker value="OTL"/>
          <other otherDesc="SEDOL" value="BJLL3Y9"/>
        </identifiers>
        <balance>45.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>112.7300000000</valUSD>
        <pctVal>0.0000067563</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>Aareal Bank AG</name>
        <lei>N/A</lei>
        <title>Aareal Bank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A30U9F9"/>
          <ticker value="ARL0"/>
          <other otherDesc="SEDOL" value="BLFKWD8"/>
        </identifiers>
        <balance>1499.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>47880.7500000000</valUSD>
        <pctVal>0.0028696624</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>WithSecure Oyj</name>
        <lei>743700ATXLT0MFCHXT16</lei>
        <title>WithSecure Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000519228"/>
          <ticker value="WITH"/>
          <other otherDesc="SEDOL" value="BMZ4248"/>
        </identifiers>
        <balance>9318.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>15646.8400000000</valUSD>
        <pctVal>0.0009377704</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>7C Solarparken AG</name>
        <lei>N/A</lei>
        <title>7C Solarparken AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3E5C73"/>
          <ticker value="2136867D"/>
          <other otherDesc="SEDOL" value="BNDX5N4"/>
        </identifiers>
        <balance>26014.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>475.3000000000</valUSD>
        <pctVal>0.0000284864</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>7C Solarparken AG</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>7C Solarparken AG</issuerName>
                <issueTitle>7C Solarparken AG</issueTitle>
                <identifiers>
                  <isin value="DE000A3E5C73"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>26014.0000000000</shareNo>
            <exercisePrice>4.550000000000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
            <expDt>2022-09-05</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>475.3000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <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>238894.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>2327613.9900000000</valUSD>
        <pctVal>0.1395021233</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>Lifestyle International Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Lifestyle International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG548561284"/>
          <ticker value="1212"/>
          <other otherDesc="SEDOL" value="B00LN47"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>585.2700000000</valUSD>
        <pctVal>0.0000350773</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>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>315635.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>2649442.0400000000</valUSD>
        <pctVal>0.1587904144</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>Karoon Energy Ltd</name>
        <lei>N/A</lei>
        <title>Karoon Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000KAR6"/>
          <ticker value="KAR"/>
          <other otherDesc="SEDOL" value="B00SV00"/>
        </identifiers>
        <balance>387929.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>561726.9300000000</valUSD>
        <pctVal>0.0336662779</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>1093132.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>7674165.1100000000</valUSD>
        <pctVal>0.4599398061</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>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>381593.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>576868.7900000000</valUSD>
        <pctVal>0.0345737830</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>270408.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>638259.7800000000</valUSD>
        <pctVal>0.0382531618</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>Intek Group SpA</name>
        <lei>815600C52EB6EBC14590</lei>
        <title>Intek Group SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004552359"/>
          <ticker value="IKG"/>
          <other otherDesc="SEDOL" value="B019XN9"/>
        </identifiers>
        <balance>24920.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>14154.2500000000</valUSD>
        <pctVal>0.0008483142</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>Dah Sing Banking Group Ltd</name>
        <lei>N/A</lei>
        <title>Dah Sing Banking Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK2356013600"/>
          <ticker value="2356"/>
          <other otherDesc="SEDOL" value="B01G0P1"/>
        </identifiers>
        <balance>349200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>271162.8100000000</valUSD>
        <pctVal>0.0162517445</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>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>77153.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>214610.0400000000</valUSD>
        <pctVal>0.0128623373</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>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="3.3313000000"/>
        <valUSD>29522.6800000000</valUSD>
        <pctVal>0.0017693984</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>32260000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8487000000"/>
        <valUSD>11450041.4300000000</valUSD>
        <pctVal>0.6862414034</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>Acerinox SA</name>
        <lei>95980020140005582721</lei>
        <title>Acerinox SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0132105018"/>
          <ticker value="ACX"/>
          <other otherDesc="SEDOL" value="B01ZVZ5"/>
        </identifiers>
        <balance>506176.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>4579790.1300000000</valUSD>
        <pctVal>0.2744829899</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>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>4142233.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>4381123.9400000000</valUSD>
        <pctVal>0.2625762238</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>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>141417.6700000000</valUSD>
        <pctVal>0.0084756602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>82700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>1997515.0200000000</valUSD>
        <pctVal>0.1197181267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>19404.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>144509.0800000000</valUSD>
        <pctVal>0.0086609393</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>YH Dimri Construction &amp; Development Ltd</name>
        <lei>N/A</lei>
        <title>YH Dimri Construction &amp; Development Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010903156"/>
          <ticker value="DIMRI"/>
          <other otherDesc="SEDOL" value="B02SX80"/>
        </identifiers>
        <balance>5182.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>410806.7700000000</valUSD>
        <pctVal>0.0246210999</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>HS Holdings Co Ltd</name>
        <lei>549300QL9Z6XV46RXT40</lei>
        <title>HS Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160790006"/>
          <ticker value="8699"/>
          <other otherDesc="SEDOL" value="B02T4H9"/>
        </identifiers>
        <balance>61800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>517098.2000000000</valUSD>
        <pctVal>0.0309915206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>236552.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2133755.8000000000</valUSD>
        <pctVal>0.1278835176</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>AFI Properties Ltd</name>
        <lei>N/A</lei>
        <title>AFI Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010913544"/>
          <ticker value="AFPR"/>
          <other otherDesc="SEDOL" value="B034CL3"/>
        </identifiers>
        <balance>546.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.3313000000"/>
        <valUSD>26984.0500000000</valUSD>
        <pctVal>0.0016172494</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>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>139746.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>6994971.6900000000</valUSD>
        <pctVal>0.4192333467</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>Genfit</name>
        <lei>969500XPWN2DMZQA5X73</lei>
        <title>Genfit</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004163111"/>
          <ticker value="GNFT"/>
          <other otherDesc="SEDOL" value="B03B708"/>
        </identifiers>
        <balance>22555.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>95496.6900000000</valUSD>
        <pctVal>0.0057234538</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>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>91300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>787663.0300000000</valUSD>
        <pctVal>0.0472074260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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="138.9250000000"/>
        <valUSD>2849.9000000000</valUSD>
        <pctVal>0.0001708046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>61000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>3602180.3700000000</valUSD>
        <pctVal>0.2158913858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>5800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>37132.6400000000</valUSD>
        <pctVal>0.0022254902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FJ Next Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>FJ Next Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166930002"/>
          <ticker value="8935"/>
          <other otherDesc="SEDOL" value="B0406Q3"/>
        </identifiers>
        <balance>15100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>111685.6700000000</valUSD>
        <pctVal>0.0066937165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saras SpA</name>
        <lei>5299005KJSU2AQUJUH84</lei>
        <title>Saras SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000433307"/>
          <ticker value="SRS"/>
          <other otherDesc="SEDOL" value="B04F679"/>
        </identifiers>
        <balance>282774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>342515.5800000000</valUSD>
        <pctVal>0.0205281678</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>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"/>
        </identifiers>
        <balance>93902.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>475244.5700000000</valUSD>
        <pctVal>0.0284830848</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>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>3600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>130016.6500000000</valUSD>
        <pctVal>0.0077923568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>17000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>262392.0400000000</valUSD>
        <pctVal>0.0157260812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LANXESS AG</name>
        <lei>529900PTLRE72EMYIJ77</lei>
        <title>LANXESS AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005470405"/>
          <ticker value="LXS"/>
          <other otherDesc="SEDOL" value="B05M8B7"/>
        </identifiers>
        <balance>191634.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>6466026.4400000000</valUSD>
        <pctVal>0.3875317906</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>AFC-HD AMS Life Science Co Ltd</name>
        <lei>N/A</lei>
        <title>AFC-HD AMS Life Science Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3124700000"/>
          <ticker value="2927"/>
          <other otherDesc="SEDOL" value="B05QHP6"/>
        </identifiers>
        <balance>30300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>167808.0400000000</valUSD>
        <pctVal>0.0100573282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EF-ON INC</name>
        <lei>N/A</lei>
        <title>EF-ON INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802140008"/>
          <ticker value="9514"/>
          <other otherDesc="SEDOL" value="B05R1Z7"/>
        </identifiers>
        <balance>12800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>62257.8600000000</valUSD>
        <pctVal>0.0037313333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>13500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>222933.4700000000</valUSD>
        <pctVal>0.0133611898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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="138.9250000000"/>
        <valUSD>5063.4200000000</valUSD>
        <pctVal>0.0003034686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>159316.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="7.4007500000"/>
        <valUSD>4603570.3600000000</valUSD>
        <pctVal>0.2759082230</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>921227.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>8742423.4400000000</valUSD>
        <pctVal>0.5239642989</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>SpareBank 1 Nord Norge</name>
        <lei>549300SXM92LQ05OJQ76</lei>
        <title>SpareBank 1 Nord Norge</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0006000801"/>
          <ticker value="NONG"/>
          <other otherDesc="SEDOL" value="B06T259"/>
        </identifiers>
        <balance>347847.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.9378500000"/>
        <valUSD>3135314.6600000000</valUSD>
        <pctVal>0.1879104757</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>Essentra PLC</name>
        <lei>5493007MOZNA03BVNE96</lei>
        <title>Essentra PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0744359"/>
          <ticker value="ESNT"/>
          <other otherDesc="SEDOL" value="B074435"/>
        </identifiers>
        <balance>12262.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>28225.1800000000</valUSD>
        <pctVal>0.0016916347</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>1189177.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4614540000"/>
        <valUSD>3327780.8100000000</valUSD>
        <pctVal>0.1994456515</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>Nokian Renkaat Oyj</name>
        <lei>743700YQIO8Y4L4WKR40</lei>
        <title>Nokian Renkaat OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009005318"/>
          <ticker value="TYRES"/>
          <other otherDesc="SEDOL" value="B07G378"/>
        </identifiers>
        <balance>253358.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2629410.9500000000</valUSD>
        <pctVal>0.1575898805</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>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>2032.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>723985.6000000000</valUSD>
        <pctVal>0.0433910128</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>Catana Group</name>
        <lei>96950079QAYBTB8V4F22</lei>
        <title>Catana Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010193052"/>
          <ticker value="CATG"/>
          <other otherDesc="SEDOL" value="B083S40"/>
        </identifiers>
        <balance>30598.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>189108.3600000000</valUSD>
        <pctVal>0.0113339316</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>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="138.9250000000"/>
        <valUSD>4849.5400000000</valUSD>
        <pctVal>0.0002906501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cie Plastic Omnium SA</name>
        <lei>9695001VLC2KYXX0DW73</lei>
        <title>Cie Plastic Omnium SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000124570"/>
          <ticker value="POM"/>
          <other otherDesc="SEDOL" value="B08V9H4"/>
        </identifiers>
        <balance>139538.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>2587325.6400000000</valUSD>
        <pctVal>0.1550675593</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>Bellevue Group AG</name>
        <lei>N/A</lei>
        <title>Bellevue Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0028422100"/>
          <ticker value="BBN"/>
          <other otherDesc="SEDOL" value="B08Y382"/>
        </identifiers>
        <balance>547.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>17815.8900000000</valUSD>
        <pctVal>0.0010677692</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>NOS SGPS SA</name>
        <lei>5493004DM8FGIY6QKF37</lei>
        <title>NOS SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTZON0AM0006"/>
          <ticker value="NOS"/>
          <other otherDesc="SEDOL" value="B0B9GS5"/>
        </identifiers>
        <balance>62748.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>231290.6600000000</valUSD>
        <pctVal>0.0138620657</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>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>10205.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.9950740000"/>
        <valUSD>241931.5600000000</valUSD>
        <pctVal>0.0144998124</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>Mobimo Holding AG</name>
        <lei>50670018HN8O1GD3O385</lei>
        <title>Mobimo Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0011108872"/>
          <ticker value="MOBN"/>
          <other otherDesc="SEDOL" value="B0BV896"/>
        </identifiers>
        <balance>7077.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9775000000"/>
        <valUSD>1737339.1400000000</valUSD>
        <pctVal>0.1041248677</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>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>160594.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>149158.1200000000</valUSD>
        <pctVal>0.0089395727</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>Miraial Co Ltd</name>
        <lei>N/A</lei>
        <title>Miraial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910570005"/>
          <ticker value="4238"/>
          <other otherDesc="SEDOL" value="B0C3TN2"/>
        </identifiers>
        <balance>17900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="138.9250000000"/>
        <valUSD>251775.9800000000</valUSD>
        <pctVal>0.0150898233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>435258.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.8608070000"/>
        <valUSD>1884221.5200000000</valUSD>
        <pctVal>0.1129280473</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>New Wave Group AB</name>
        <lei>5493006EIYZZYQILKS31</lei>
        <title>New Wave Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000426546"/>
          <ticker value="NEWAB"/>
          <other otherDesc="SEDOL" value="B0FLGQ5"/>
        </identifiers>
        <balance>151712.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="10.6600000000"/>
        <valUSD>2440209.5700000000</valUSD>
        <pctVal>0.1462503739</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-10-25</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>
