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                <lei>635400CPLP8H5ITDVT56</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IE00B1RR8406"/>
                </identifiers>
                <balance>7198</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>284832.19</valUSD>
                <pctVal>0.215304737897</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>COMPUGROUP MEDICAL SE  AND  CO KGAA</name>
                <lei>529900CUXZGOCJZR7O57</lei>
                <title>ORDINARY SHARES</title>
                <cusip>D193ZN100</cusip>
                <identifiers>
                    <isin value="DE000A288904"/>
                </identifiers>
                <balance>2794</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>141803.71</valUSD>
                <pctVal>0.107189466943</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MINERAL RESOURCES LTD</name>
                <lei>5299007V1ACKFFX2P066</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000MIN4"/>
                </identifiers>
                <balance>13626</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>655289.7</valUSD>
                <pctVal>0.495333680878</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>MATSUKIYOCOCOKARA  AND  CO</name>
                <lei>N/A</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3869010003"/>
                </identifiers>
                <balance>2500</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>146235.35</valUSD>
                <pctVal>0.110539344949</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>GETLINK SE</name>
                <lei>9695007ZEQ7M0OE74G82</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0010533075"/>
                </identifiers>
                <balance>36678</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>645037.97</valUSD>
                <pctVal>0.487584395095</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SMA SOLAR TECHNOLOGY AG</name>
                <lei>529900Q6JQHI8X451Q21</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000A0DJ6J9"/>
                </identifiers>
                <balance>1179</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>112325.34</valUSD>
                <pctVal>0.084906758214</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>JULIUS BAER GROUP LTD</name>
                <lei>5299007MF0604ZGJER92</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0102484968"/>
                </identifiers>
                <balance>16394</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>1158041.86</valUSD>
                <pctVal>0.875364189495</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BRENNTAG SE</name>
                <lei>NNROIXVWJ7CPSR27SV97</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000A1DAHH0"/>
                </identifiers>
                <balance>12321</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>954788.63</valUSD>
                <pctVal>0.721725011943</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SOMPO HOLDINGS INC</name>
                <lei>353800CWW4SRGEYEB512</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3165000005"/>
                </identifiers>
                <balance>18300</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>809391.59</valUSD>
                <pctVal>0.611819345774</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AMADEUS IT GROUP SA</name>
                <lei>9598004A3FTY3TEHHN09</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="ES0109067019"/>
                </identifiers>
                <balance>17913</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1284530.76</valUSD>
                <pctVal>0.970977186964</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>PANDORA A/S</name>
                <lei>5299007OWYZ6I1E46843</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0060252690"/>
                </identifiers>
                <balance>4806</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>481068.02</valUSD>
                <pctVal>0.363639460684</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NORTHERN STAR RESOURCES LTD</name>
                <lei>254900XFXCRYYZAX6M78</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000NST8"/>
                </identifiers>
                <balance>43460</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>338957.29</valUSD>
                <pctVal>0.256217917230</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>SWISS RE AG</name>
                <lei>529900PS9YW3YY29F326</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0126881561"/>
                </identifiers>
                <balance>12359</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>1288266.84</valUSD>
                <pctVal>0.973801290957</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HKT TRUST  AND  HKT LTD</name>
                <lei>N/A</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="HK0000093390"/>
                </identifiers>
                <balance>171000</balance>
                <units>NS</units>
                <currencyConditional curCd="HKD" exchangeRt=".128223211"/>
                <valUSD>201565.17</valUSD>
                <pctVal>0.152363172491</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>MERCURY NZ LTD</name>
                <lei>254900XLT925U953KK55</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NZMRPE0001S2"/>
                </identifiers>
                <balance>56584</balance>
                <units>NS</units>
                <currencyConditional curCd="NZD" exchangeRt=".621099881"/>
                <valUSD>231588.03</valUSD>
                <pctVal>0.175057461375</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>IMCD NV</name>
                <lei>724500NSJPNFJPDAUP02</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NL0010801007"/>
                </identifiers>
                <balance>4516</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>684969.17</valUSD>
                <pctVal>0.517768401158</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HELLA GMBH  AND  CO KGAA</name>
                <lei>529900PLX4ADJFWIY024</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000A13SX22"/>
                </identifiers>
                <balance>1524</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>120813.54</valUSD>
                <pctVal>0.091322991141</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AUTO TRADER GROUP PLC</name>
                <lei>213800QLK9BZILB1DI86</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00BVYVFW23"/>
                </identifiers>
                <balance>77978</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>646471.73</valUSD>
                <pctVal>0.488668174709</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>JAPAN POST BANK CO LTD</name>
                <lei>5493006JVO6N2HC2XZ76</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3946750001"/>
                </identifiers>
                <balance>55600</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>462570.71</valUSD>
                <pctVal>0.349657338504</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SCOUT24 SE</name>
                <lei>5493007EIKM2ENQS7U66</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000A12DM80"/>
                </identifiers>
                <balance>4155</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>274927.76</valUSD>
                <pctVal>0.207817976288</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ADDLIFE AB</name>
                <lei>5493005T3M7CD7XWE013</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0014401378"/>
                </identifiers>
                <balance>10520</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>85647.89</valUSD>
                <pctVal>0.064741265753</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>COCA-COLA EUROPACIFIC PARTNERS PLC</name>
                <lei>549300LTH67W4GWMRF57</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G25839104</cusip>
                <identifiers>
                    <isin value="GB00BDCPN049"/>
                </identifiers>
                <balance>2219</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>140662.41</valUSD>
                <pctVal>0.106326757931</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>ORSTED AS</name>
                <lei>W9NG6WMZIYEU8VEDOG48</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0060094928"/>
                </identifiers>
                <balance>13092</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>1142029.45</valUSD>
                <pctVal>0.863260403971</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>GALENICA AG</name>
                <lei>506700W4772BD8016Z20</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0360674466"/>
                </identifiers>
                <balance>1458</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>117201.77</valUSD>
                <pctVal>0.088592853115</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ESSITY AB</name>
                <lei>549300G8E6YUVJ1DA153</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0009922164"/>
                </identifiers>
                <balance>29635</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>734512.42</valUSD>
                <pctVal>0.555218158701</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>PIRELLI  AND  C SPA</name>
                <lei>815600A0C9AFC1F2A709</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IT0005278236"/>
                </identifiers>
                <balance>25095</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>133821.02</valUSD>
                <pctVal>0.101155349177</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>WHARF REAL ESTATE INVESTMENT CO LTD</name>
                <lei>529900QLPKS8U9QOPB59</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="KYG9593A1040"/>
                </identifiers>
                <balance>133720</balance>
                <units>NS</units>
                <currencyConditional curCd="HKD" exchangeRt=".128223211"/>
                <valUSD>716454.28</valUSD>
                <pctVal>0.541568005256</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>BAWAG GROUP AG</name>
                <lei>529900S9YO2JHTIIDG38</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AT0000BAWAG2"/>
                </identifiers>
                <balance>2235</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>108862.08</valUSD>
                <pctVal>0.082288878941</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NUTRIEN LTD</name>
                <lei>5493002QQ7GD21OWF963</lei>
                <title>ORDINARY SHARES</title>
                <cusip>67077M108</cusip>
                <identifiers>
                    <isin value="CA67077M1086"/>
                </identifiers>
                <balance>2196</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>151282.44</valUSD>
                <pctVal>0.114354441795</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>DWS GROUP GMBH  AND  CO KGAA</name>
                <lei>529900VM3464806ERS69</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000DWS1007"/>
                </identifiers>
                <balance>5582</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>196028.91</valUSD>
                <pctVal>0.148178311896</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NORDEA BANK ABP</name>
                <lei>529900ODI3047E2LIV03</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI4000297767"/>
                </identifiers>
                <balance>124270</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>1405805.56</valUSD>
                <pctVal>1.062648844678</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>VODAFONE HOLDINGS KK</name>
                <lei>353800M1YCTS9JRBJ535</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3732000009"/>
                </identifiers>
                <balance>113500</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1259033.72</valUSD>
                <pctVal>0.951703966776</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TEAMVIEWER SE</name>
                <lei>3912000FZ0R0KEK9JS42</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000A2YN900"/>
                </identifiers>
                <balance>10585</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>179868.57</valUSD>
                <pctVal>0.135962706040</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BUDWEISER BREWING CO APAC LTD</name>
                <lei>549300YF1MR4GTF18132</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="KYG1674K1013"/>
                </identifiers>
                <balance>140800</balance>
                <units>NS</units>
                <currencyConditional curCd="HKD" exchangeRt=".128223211"/>
                <valUSD>341194.82</valUSD>
                <pctVal>0.257909266828</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>ESR GROUP LTD</name>
                <lei>549300C81AR42BZUFZ09</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="KYG319891092"/>
                </identifiers>
                <balance>42400</balance>
                <units>NS</units>
                <currencyConditional curCd="HKD" exchangeRt=".128223211"/>
                <valUSD>74112.17</valUSD>
                <pctVal>0.056021411544</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>TECHNIP ENERGIES NV</name>
                <lei>724500FLODI49NSCIP70</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NL0014559478"/>
                </identifiers>
                <balance>5805</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>132311.29</valUSD>
                <pctVal>0.100014143817</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FORVIA SE</name>
                <lei>969500F0VMZLK2IULV85</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121147"/>
                </identifiers>
                <balance>6160</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>154219.44</valUSD>
                <pctVal>0.116574520976</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SHELL PLC</name>
                <lei>21380068P1DRHMJ8KU70</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00BP6MXD84"/>
                </identifiers>
                <balance>55123</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1673757.4</valUSD>
                <pctVal>1.265193720944</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>DSM-FIRMENICH AG</name>
                <lei>506700G44V67MPM4BI12</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH1216478797"/>
                </identifiers>
                <balance>3874</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>428076.18</valUSD>
                <pctVal>0.323582912925</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KINGFISHER PLC</name>
                <lei>213800KBMEV7I92FY281</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0033195214"/>
                </identifiers>
                <balance>84819</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>267450.38</valUSD>
                <pctVal>0.202165822502</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>SAGE GROUP PLC/THE</name>
                <lei>2138005RN5XYLTF8G138</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00B8C3BL03"/>
                </identifiers>
                <balance>52231</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>627808.83</valUSD>
                <pctVal>0.474560882999</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>BAYERISCHE MOTOREN WERKE AG</name>
                <lei>YEH5ZCD6E441RHVHD759</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0005190003"/>
                </identifiers>
                <balance>2145</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>261455.36</valUSD>
                <pctVal>0.197634185085</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SPARK NEW ZEALAND LTD</name>
                <lei>529900HUN51H3Y7QBB66</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NZTELE0001S4"/>
                </identifiers>
                <balance>80097</balance>
                <units>NS</units>
                <currencyConditional curCd="NZD" exchangeRt=".621099881"/>
                <valUSD>257871.33</valUSD>
                <pctVal>0.194925015733</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>DAIWA HOUSE INDUSTRY CO LTD</name>
                <lei>N/A</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3505000004"/>
                </identifiers>
                <balance>47059</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1277093.45</valUSD>
                <pctVal>0.965355322103</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ORKLA ASA</name>
                <lei>549300PZS8G8RG6RVZ52</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NO0003733800"/>
                </identifiers>
                <balance>62230</balance>
                <units>NS</units>
                <currencyConditional curCd="NOK" exchangeRt=".098667495"/>
                <valUSD>491697.47</valUSD>
                <pctVal>0.371674265128</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NO</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>DIAGEO PLC</name>
                <lei>213800ZVIELEA55JMJ32</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0002374006"/>
                </identifiers>
                <balance>41836</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1824124.79</valUSD>
                <pctVal>1.378856476170</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>NOVO NORDISK A/S</name>
                <lei>549300DAQ1CVT6CXN342</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0062498333"/>
                </identifiers>
                <balance>19197</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>3093658.84</valUSD>
                <pctVal>2.338497645544</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BANK LEUMI LE-ISRAEL BM</name>
                <lei>7JDSZWRGUQY2DSTWCR57</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IL0006046119"/>
                </identifiers>
                <balance>57427</balance>
                <units>NS</units>
                <currencyConditional curCd="ILS" exchangeRt=".271986727"/>
                <valUSD>458741.24</valUSD>
                <pctVal>0.346762640981</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>ORANGE SA</name>
                <lei>969500MCOONR8990S771</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000133308"/>
                </identifiers>
                <balance>29412</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>332569.19</valUSD>
                <pctVal>0.251389150523</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HONDA MOTOR CO LTD</name>
                <lei>549300P7ZYCQJ36CCS16</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3854600008"/>
                </identifiers>
                <balance>37300</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1190631.16</valUSD>
                <pctVal>0.899998451145</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SAMPO OYJ</name>
                <lei>743700UF3RL386WIDA22</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009003305"/>
                </identifiers>
                <balance>16006</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>705528</valUSD>
                <pctVal>0.533308826925</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NATIONAL GRID PLC</name>
                <lei>8R95QZMKZLJX5Q2XR704</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00BDR05C01"/>
                </identifiers>
                <balance>102878</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1361873.19</valUSD>
                <pctVal>1.029440353011</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KONINKLIJKE AHOLD DELHAIZE NV</name>
                <lei>724500C9GNBV20UYRX36</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N0139V100</cusip>
                <identifiers>
                    <isin value="NL0011794037"/>
                </identifiers>
                <balance>33460</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1154631.65</valUSD>
                <pctVal>0.872786410733</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>WARTSILA OYJ ABP</name>
                <lei>743700G7A9J1PHM3X223</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009003727"/>
                </identifiers>
                <balance>22322</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>280404.32</valUSD>
                <pctVal>0.211957709636</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ADVANTEST CORP</name>
                <lei>353800EMK32PDKS9XR54</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3122400009"/>
                </identifiers>
                <balance>9874</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1367956.23</valUSD>
                <pctVal>1.034038524772</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NOVARTIS AG</name>
                <lei>5493007HIVTX6SY6XD66</lei>
                <title>ORDINARY SHARES</title>
                <cusip>H5820Q150</cusip>
                <identifiers>
                    <isin value="CH0012005267"/>
                </identifiers>
                <balance>28169</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>2941747.41</valUSD>
                <pctVal>2.223667750019</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>COMMONWEALTH BANK OF AUSTRALIA</name>
                <lei>MSFSBD3QN1GSN7Q6C537</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000CBA7"/>
                </identifiers>
                <balance>3353</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>238493.94</valUSD>
                <pctVal>0.180277640817</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>SAP SE</name>
                <lei>529900D6BF99LW9R2E68</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0007164600"/>
                </identifiers>
                <balance>4759</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>650925.78</valUSD>
                <pctVal>0.492034992441</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN</name>
                <lei>529900MUF4C20K50JS49</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0008430026"/>
                </identifiers>
                <balance>2728</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1027607.14</valUSD>
                <pctVal>0.776768545505</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HSBC HOLDINGS PLC</name>
                <lei>MLU0ZO3ML4LN2LL2TL39</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0005405286"/>
                </identifiers>
                <balance>176733</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1465874.3</valUSD>
                <pctVal>1.108054823270</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>MITSUBISHI HEAVY INDUSTRIES LTD</name>
                <lei>353800TJ98PCAZROVE69</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3900000005"/>
                </identifiers>
                <balance>25519</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1210908.89</valUSD>
                <pctVal>0.915326393337</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FANUC CORP</name>
                <lei>529900QTSW745LOKW705</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3802400006"/>
                </identifiers>
                <balance>14100</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>433063.93</valUSD>
                <pctVal>0.327353154647</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FERGUSON PLC</name>
                <lei>213800DU1LGY3R2S2X42</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JE00BJVNSS43"/>
                </identifiers>
                <balance>864</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>138657.18</valUSD>
                <pctVal>0.104811003972</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>YAMATO HOLDINGS CO LTD</name>
                <lei>N/A</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3940000007"/>
                </identifiers>
                <balance>7400</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>138579.77</valUSD>
                <pctVal>0.104752489730</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FUJIFILM HOLDINGS CORP</name>
                <lei>529900UBKMFM0ST6H474</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J14208102</cusip>
                <identifiers>
                    <isin value="JP3814000000"/>
                </identifiers>
                <balance>4200</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>245108.33</valUSD>
                <pctVal>0.185277460203</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</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 LTD</name>
                <lei>549300T6IPOCDWLKC615</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J20454112</cusip>
                <identifiers>
                    <isin value="JP3788600009"/>
                </identifiers>
                <balance>4565</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>298778.23</valUSD>
                <pctVal>0.225846553719</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SIEMENS AG</name>
                <lei>W38RGI023J3WT1HWRP32</lei>
                <title>ORDINARY SHARES</title>
                <cusip>D69671218</cusip>
                <identifiers>
                    <isin value="DE0007236101"/>
                </identifiers>
                <balance>9490</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1617101.41</valUSD>
                <pctVal>1.222367441101</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SONY GROUP CORP</name>
                <lei>529900R5WX9N2OI2N910</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3435000009"/>
                </identifiers>
                <balance>21474</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>2009603.82</valUSD>
                <pctVal>1.519060130608</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TAKEDA PHARMACEUTICAL CO LTD</name>
                <lei>549300ZLMVP4X0OGR454</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J81281115</cusip>
                <identifiers>
                    <isin value="JP3463000004"/>
                </identifiers>
                <balance>30600</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>936637.76</valUSD>
                <pctVal>0.708004763863</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</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 ELECTRON LIMITED</name>
                <lei>549300H5LSF8DP3RIJ34</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J86957115</cusip>
                <identifiers>
                    <isin value="JP3571400005"/>
                </identifiers>
                <balance>9701</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1449737.88</valUSD>
                <pctVal>1.095857298550</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</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 LUFTHANSA AG</name>
                <lei>529900PH63HYJ86ASW55</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0008232125"/>
                </identifiers>
                <balance>22875</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>230836.53</valUSD>
                <pctVal>0.174489402300</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ITOCHU CORP</name>
                <lei>J48DJYXDTLHM30UMYI18</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3143600009"/>
                </identifiers>
                <balance>33000</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1336375.38</valUSD>
                <pctVal>1.010166550780</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ASTELLAS PHARMA INC</name>
                <lei>529900IB708DY2HBBB35</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J03393105</cusip>
                <identifiers>
                    <isin value="JP3942400007"/>
                </identifiers>
                <balance>25087</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>366176.69</valUSD>
                <pctVal>0.276793069858</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KERING SA</name>
                <lei>549300VGEJKB7SVUZR78</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121485"/>
                </identifiers>
                <balance>1158</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>666658.75</valUSD>
                <pctVal>0.503927549185</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SODEXO SA</name>
                <lei>969500LCBOG12HXPYM84</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121220"/>
                </identifiers>
                <balance>7315</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>750719.18</valUSD>
                <pctVal>0.567468853448</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TIETOEVRY OYJ</name>
                <lei>549300EW2KM4KROKQV31</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009000277"/>
                </identifiers>
                <balance>3947</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>100681.69</valUSD>
                <pctVal>0.076105319685</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>STORA ENSO OYJ</name>
                <lei>7437000ZP669LKUTZ738</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009005961"/>
                </identifiers>
                <balance>45543</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>558581.57</valUSD>
                <pctVal>0.422231976390</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>WOODSIDE ENERGY GROUP LTD</name>
                <lei>2549005ZC5RXAOO7FH41</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU0000224040"/>
                </identifiers>
                <balance>57558</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>1481130.96</valUSD>
                <pctVal>1.119587337142</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>AEGON NV</name>
                <lei>O4QK7KMMK83ITNTHUG69</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N0089J123</cusip>
                <identifiers>
                    <isin value="NL0000303709"/>
                </identifiers>
                <balance>144528</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>785644.08</valUSD>
                <pctVal>0.593868595839</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HOYA CORP</name>
                <lei>353800X4VR3BHEUCJB42</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3837800006"/>
                </identifiers>
                <balance>5000</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>579883.3</valUSD>
                <pctVal>0.438333960489</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>UNITED OVERSEAS BANK LTD</name>
                <lei>IO66REGK3RCBAMA8HR66</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SG1M31001969"/>
                </identifiers>
                <balance>60300</balance>
                <units>NS</units>
                <currencyConditional curCd="SGD" exchangeRt=".752021057"/>
                <valUSD>1368227.52</valUSD>
                <pctVal>1.034243592965</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>OLYMPUS CORP</name>
                <lei>5299000Y52IFDI1I2A21</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3201200007"/>
                </identifiers>
                <balance>47172</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>770180.6</valUSD>
                <pctVal>0.582179746667</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>EIFFAGE SA</name>
                <lei>969500OQXKE5WDM9M994</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000130452"/>
                </identifiers>
                <balance>6676</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>694535.83</valUSD>
                <pctVal>0.524999842323</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SEKISUI HOUSE LTD</name>
                <lei>529900GMNDOYQSAJAE76</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3420600003"/>
                </identifiers>
                <balance>31300</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>638373.37</valUSD>
                <pctVal>0.482546621955</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NATWEST GROUP PLC</name>
                <lei>2138005O9XJIJN4JPN90</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00BM8PJY71"/>
                </identifiers>
                <balance>317324</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>994881.4</valUSD>
                <pctVal>0.752031148818</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>3I GROUP PLC</name>
                <lei>35GDVHRBMFE7NWATNM84</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G88473114</cusip>
                <identifiers>
                    <isin value="GB00B1YW4409"/>
                </identifiers>
                <balance>51009</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1294191.09</valUSD>
                <pctVal>0.978279433310</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>ABB LIMITED</name>
                <lei>5493000LKVGOO9PELI61</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0012221716"/>
                </identifiers>
                <balance>27987</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>1118773.95</valUSD>
                <pctVal>0.845681564542</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ASSICURAZIONI GENERALI SPA</name>
                <lei>549300X5UKJVE386ZB61</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IT0000062072"/>
                </identifiers>
                <balance>4621</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>98465.74</valUSD>
                <pctVal>0.074430282415</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CRH PLC</name>
                <lei>549300MIDJNNTH068E74</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IE0001827041"/>
                </identifiers>
                <balance>10565</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>629366.89</valUSD>
                <pctVal>0.475738621020</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>MITSUI  AND  CO LTD</name>
                <lei>2NRSB4GOU9DD6CNW5R48</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J44690139</cusip>
                <identifiers>
                    <isin value="JP3893600001"/>
                </identifiers>
                <balance>44635</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1748369.44</valUSD>
                <pctVal>1.321592984371</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TOTAL S.A.</name>
                <lei>529900S21EQ1BO4ESM68</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000120271"/>
                </identifiers>
                <balance>1935</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>117567.49</valUSD>
                <pctVal>0.088869300972</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NESTLE SA</name>
                <lei>KY37LUS27QQX7BB93L28</lei>
                <title>ORDINARY SHARES</title>
                <cusip>H57312466</cusip>
                <identifiers>
                    <isin value="CH0038863350"/>
                </identifiers>
                <balance>13879</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>1701034.94</valUSD>
                <pctVal>1.285812821616</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>GENMAB A/S</name>
                <lei>529900MTJPDPE4MHJ122</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0010272202"/>
                </identifiers>
                <balance>845</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>347480.6</valUSD>
                <pctVal>0.262660689817</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>DANONE SA</name>
                <lei>969500KMUQ2B6CBAF162</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000120644"/>
                </identifiers>
                <balance>17858</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1090324.77</valUSD>
                <pctVal>0.824176820843</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>YAMAHA MOTOR CO LTD</name>
                <lei>3538004LR5NXILJDHY88</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3942800008"/>
                </identifiers>
                <balance>24990</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>731944.89</valUSD>
                <pctVal>0.553277362003</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ICON PLC</name>
                <lei>6354008SRQGEMC4XFI67</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G4705A100</cusip>
                <identifiers>
                    <isin value="IE0005711209"/>
                </identifiers>
                <balance>2006</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>504328.46</valUSD>
                <pctVal>0.381222034260</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>AVIVA PLC</name>
                <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G0683Q109</cusip>
                <identifiers>
                    <isin value="GB00BPQY8M80"/>
                </identifiers>
                <balance>148314</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>739275.47</valUSD>
                <pctVal>0.558818549625</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>JYSKE BANK A/S</name>
                <lei>3M5E1GQGKL17HI6CPN30</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0010307958"/>
                </identifiers>
                <balance>1596</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>120805.62</valUSD>
                <pctVal>0.091317004411</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SHIONOGI  AND  CO., LTD</name>
                <lei>35380049VXDTHZI3DY35</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3347200002"/>
                </identifiers>
                <balance>21731</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>906611.34</valUSD>
                <pctVal>0.685307783975</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</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 CORP</name>
                <lei>KVIPTY4PULAPGC1VVD26</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J43830116</cusip>
                <identifiers>
                    <isin value="JP3898400001"/>
                </identifiers>
                <balance>14000</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>716348.25</valUSD>
                <pctVal>0.541487857147</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>GIVAUDAN SA</name>
                <lei>213800SVRMQA1TD91D41</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0010645932"/>
                </identifiers>
                <balance>390</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>1314385.64</valUSD>
                <pctVal>0.993544499715</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NEC CORP</name>
                <lei>5493000QYMPFRTEY4K28</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3733000008"/>
                </identifiers>
                <balance>19700</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>997013.91</valUSD>
                <pctVal>0.753643113767</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>UNILEVER PLC</name>
                <lei>549300MKFYEKVRWML317</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00B10RZP78"/>
                </identifiers>
                <balance>1248</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>67123.9</valUSD>
                <pctVal>0.050738976153</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>ELISA OYJ</name>
                <lei>743700TU2S3DXWGU7H32</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009007884"/>
                </identifiers>
                <balance>2068</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>107867.5</valUSD>
                <pctVal>0.081537075620</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SUN LIFE FINANCIAL INC</name>
                <lei>549300V040JZX5S66Z78</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CA8667961053"/>
                </identifiers>
                <balance>2591</balance>
                <units>NS</units>
                <currencyConditional curCd="CAD" exchangeRt=".758351344"/>
                <valUSD>136363.25</valUSD>
                <pctVal>0.103077021597</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>DBS GROUP HOLDINGS LTD</name>
                <lei>5493007FKT78NKPM5V55</lei>
                <title>ORDINARY SHARES</title>
                <cusip>Y20246107</cusip>
                <identifiers>
                    <isin value="SG1L01001701"/>
                </identifiers>
                <balance>53744</balance>
                <units>NS</units>
                <currencyConditional curCd="SGD" exchangeRt=".752021057"/>
                <valUSD>1383850.87</valUSD>
                <pctVal>1.046053287918</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>HERMES INTERNATIONAL SCA</name>
                <lei>969500Y4IJGHJE2MTJ13</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000052292"/>
                </identifiers>
                <balance>124</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>274925.67</valUSD>
                <pctVal>0.207816396457</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BARCLAYS PLC</name>
                <lei>213800LBQA1Y9L22JB70</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0031348658"/>
                </identifiers>
                <balance>653396</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1299394.44</valUSD>
                <pctVal>0.982212647136</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KONINKLIJKE KPN NV</name>
                <lei>549300YO0JZHAL7FVP81</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NL0000009082"/>
                </identifiers>
                <balance>70293</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>254429.4</valUSD>
                <pctVal>0.192323259813</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>LEGAL  AND  GENERAL GROUP PLC</name>
                <lei>213800JH9QQWHLO99821</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0005603997"/>
                </identifiers>
                <balance>162262</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>486029.47</valUSD>
                <pctVal>0.367389822227</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>SANDVIK AB</name>
                <lei>5299008ZUAXN43LVZF54</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0000667891"/>
                </identifiers>
                <balance>29643</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>602074.16</valUSD>
                <pctVal>0.455108038223</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MARKS  AND  SPENCER GROUP PLC</name>
                <lei>213800EJP14A79ZG1X44</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G5824M107</cusip>
                <identifiers>
                    <isin value="GB0031274896"/>
                </identifiers>
                <balance>60312</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>159679.03</valUSD>
                <pctVal>0.120701426696</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>VINCI SA</name>
                <lei>213800WFQ334R8UXUG83</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000125486"/>
                </identifiers>
                <balance>9008</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1057581.1</valUSD>
                <pctVal>0.799425870864</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>REED ELSEVIER</name>
                <lei>549300WSX3VBUFFJOO66</lei>
                <title>ORDINARY SHARES</title>
                <cusip>758212708</cusip>
                <identifiers>
                    <isin value="GB00B2B0DG97"/>
                </identifiers>
                <balance>48536</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>1631962.59</valUSD>
                <pctVal>1.233601011523</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>MITSUBISHI UFJ FINANCIAL GROUP INC</name>
                <lei>353800V2V8PUY9TK3E06</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J44497105</cusip>
                <identifiers>
                    <isin value="JP3902900004"/>
                </identifiers>
                <balance>238700</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1925740.34</valUSD>
                <pctVal>1.455667700909</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AKZO NOBEL NV</name>
                <lei>724500XYIJUGXAA5QD70</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NL0013267909"/>
                </identifiers>
                <balance>13266</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1134205.19</valUSD>
                <pctVal>0.857346043489</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AXA SA</name>
                <lei>F5WCUMTUM4RKZ1MAIE39</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000120628"/>
                </identifiers>
                <balance>20117</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>618658.62</valUSD>
                <pctVal>0.467644236514</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NIPPON YUSEN KK</name>
                <lei>353800YPW4XM0ZN5I149</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3753000003"/>
                </identifiers>
                <balance>10300</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>249482.51</valUSD>
                <pctVal>0.188583904177</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CSL LTD</name>
                <lei>529900ECSECK5ZDQTE14</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000CSL8"/>
                </identifiers>
                <balance>6812</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>1228027.47</valUSD>
                <pctVal>0.928266333097</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>LOGITECH INTERNATIONAL SA</name>
                <lei>549300SN6PRK6IJJC215</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0025751329"/>
                </identifiers>
                <balance>3081</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>217212.18</valUSD>
                <pctVal>0.164190752046</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>LVMH MOET HENNESSY LOUIS VUITTON SA</name>
                <lei>IOG4E947OATN0KJYSD45</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121014"/>
                </identifiers>
                <balance>2661</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>2481345.99</valUSD>
                <pctVal>1.875650178478</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>INDUSTRIA DE DISENO TEXTIL SA</name>
                <lei>549300TTCXZOGZM2EY83</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="ES0148396007"/>
                </identifiers>
                <balance>35040</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1341107.24</valUSD>
                <pctVal>1.013743365174</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>WOOLWORTHS GROUP LTD</name>
                <lei>QNWEWQBS7HP85QHXQL92</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000WOW2"/>
                </identifiers>
                <balance>15063</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>391086.49</valUSD>
                <pctVal>0.295622395154</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>AGEAS SA/NV</name>
                <lei>5493005DJBML6LY3RV36</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="BE0974264930"/>
                </identifiers>
                <balance>1425</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>60368.34</valUSD>
                <pctVal>0.045632446322</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>BE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ASSA ABLOY AB</name>
                <lei>549300YECS8HKCIMMB67</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0007100581"/>
                </identifiers>
                <balance>15749</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>378524.19</valUSD>
                <pctVal>0.286126548814</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ASAHI GROUP HOLDINGS LTD</name>
                <lei>353800KAJ02XNHLCJW79</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3116000005"/>
                </identifiers>
                <balance>34302</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1350219.4</valUSD>
                <pctVal>1.020631249653</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ROCHE HOLDING AG</name>
                <lei>549300U41AUUVOAAOB37</lei>
                <title>ORDINARY SHARES</title>
                <cusip>H69293217</cusip>
                <identifiers>
                    <isin value="CH0012032048"/>
                </identifiers>
                <balance>2830</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>878158.36</valUSD>
                <pctVal>0.663800167854</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MARUBENI CORP</name>
                <lei>4P4N3ORD02UGQT1T1W12</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J39788138</cusip>
                <identifiers>
                    <isin value="JP3877600001"/>
                </identifiers>
                <balance>18900</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>335314.6</valUSD>
                <pctVal>0.253464406766</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ZURICH INSURANCE GROUP AG</name>
                <lei>529900QVNRBND50TXP03</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0011075394"/>
                </identifiers>
                <balance>668</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>322337.48</valUSD>
                <pctVal>0.243654997864</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BARRATT DEVELOPMENTS PLC</name>
                <lei>2138006R85VEOF5YNK29</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G08288105</cusip>
                <identifiers>
                    <isin value="GB0000811801"/>
                </identifiers>
                <balance>83231</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>487821.63</valUSD>
                <pctVal>0.368744516509</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>BERKELEY GROUP HOLDINGS PLC</name>
                <lei>2138009OQSSLVVHQAL78</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00BLJNXL82"/>
                </identifiers>
                <balance>3091</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>172398.57</valUSD>
                <pctVal>0.130316130799</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>GENUS PLC</name>
                <lei>54930022EOITNKSIGH56</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0002074580"/>
                </identifiers>
                <balance>5766</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>182034.9</valUSD>
                <pctVal>0.137600235538</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>HALMA PLC</name>
                <lei>2138007FRGLUR9KGBT40</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0004052071"/>
                </identifiers>
                <balance>9972</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>286153.46</valUSD>
                <pctVal>0.216303486287</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>JOHNSON MATTHEY PLC</name>
                <lei>2138001AVBSD1HSC6Z10</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00BZ4BQC70"/>
                </identifiers>
                <balance>10869</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>251216.54</valUSD>
                <pctVal>0.189894657975</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>RECKITT BENCKISER GROUP PLC</name>
                <lei>5493003JFSMOJG48V108</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G7420A107</cusip>
                <identifiers>
                    <isin value="GB00B24CGK77"/>
                </identifiers>
                <balance>12609</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>944690.74</valUSD>
                <pctVal>0.714092013862</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>TAYLOR WIMPEY PLC</name>
                <lei>21380089BTRXTD8S3R66</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB0008782301"/>
                </identifiers>
                <balance>292456</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>429182.13</valUSD>
                <pctVal>0.324418900862</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>ESSILORLUXOTTICA SA</name>
                <lei>549300M3VH1A3ER1TB49</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121667"/>
                </identifiers>
                <balance>4500</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>905141.7</valUSD>
                <pctVal>0.684196882658</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FRESENIUS SE  AND  CO KGAA</name>
                <lei>XDFJ0CYCOO1FXRFTQS51</lei>
                <title>ORDINARY SHARES</title>
                <cusip>D27348123</cusip>
                <identifiers>
                    <isin value="DE0005785604"/>
                </identifiers>
                <balance>9575</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>300355.74</valUSD>
                <pctVal>0.227038994001</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>UNITED INTERNET AG</name>
                <lei>3VEKWPJHTD4NKMBVG947</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0005089031"/>
                </identifiers>
                <balance>8077</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>120954.65</valUSD>
                <pctVal>0.091429656233</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FIELMANN GROUP AG</name>
                <lei>529900BU5B7N9GE4XU15</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0005772206"/>
                </identifiers>
                <balance>2461</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>126472.38</valUSD>
                <pctVal>0.095600509996</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KESKO OYJ</name>
                <lei>743700OX6HSVMCAHPB95</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009000202"/>
                </identifiers>
                <balance>22657</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>453262.57</valUSD>
                <pctVal>0.342621312684</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>GEA GROUP AG</name>
                <lei>549300PHUU0ZZWO8EO07</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0006602006"/>
                </identifiers>
                <balance>12548</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>532408.13</valUSD>
                <pctVal>0.402447465239</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MEDIOBANCA BANCA DI CREDITO FINANZIARIO SPA</name>
                <lei>PSNL19R2RXX5U3QWHI44</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IT0000062957"/>
                </identifiers>
                <balance>6148</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>81927.91</valUSD>
                <pctVal>0.061929331755</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>PERNOD RICARD SA</name>
                <lei>52990097YFPX9J0H5D87</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000120693"/>
                </identifiers>
                <balance>6522</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1438490.87</valUSD>
                <pctVal>1.087355680315</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>RINGKJOEBING LANDBOBANK A/S</name>
                <lei>2138002M5U5K4OUMVV62</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0060854669"/>
                </identifiers>
                <balance>813</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>115639.04</valUSD>
                <pctVal>0.087411585039</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SKANDINAVISKA ENSKILDA BANKEN AB</name>
                <lei>F3JS33DEI6XQ4ZBPTN86</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0000148884"/>
                </identifiers>
                <balance>43857</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>531421.98</valUSD>
                <pctVal>0.401702034159</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SIEGFRIED HOLDING AG</name>
                <lei>506700J9QD6IF3937W06</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="CH0014284498"/>
                </identifiers>
                <balance>335</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>295605.18</valUSD>
                <pctVal>0.223448044271</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HENKEL AG  AND  CO KGAA</name>
                <lei>549300VZCL1HTH4O4Y49</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0006048408"/>
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                <balance>8574</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>598998.97</valUSD>
                <pctVal>0.452783501179</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HENKEL AG  AND  CO KGAA</name>
                <lei>549300VZCL1HTH4O4Y49</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0006048432"/>
                </identifiers>
                <balance>1539</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>118753.76</valUSD>
                <pctVal>0.089766002821</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SAAB AB</name>
                <lei>549300ZHO4JCQQI13M69</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0000112385"/>
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                <balance>3482</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>183520.82</valUSD>
                <pctVal>0.138723442911</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KLEPIERRE SA</name>
                <lei>969500PB4U31KEFHZ621</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121964"/>
                </identifiers>
                <balance>17831</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>473465.37</valUSD>
                <pctVal>0.357892615267</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>UCB SA</name>
                <lei>2138008J191VLSGY5A09</lei>
                <title>ORDINARY SHARES</title>
                <cusip>B93562120</cusip>
                <identifiers>
                    <isin value="BE0003739530"/>
                </identifiers>
                <balance>10063</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>890895.21</valUSD>
                <pctVal>0.673427956591</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>BE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SOPRA STERIA GROUP SACA</name>
                <lei>96950020QIOHAAK9V551</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000050809"/>
                </identifiers>
                <balance>901</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>195851.48</valUSD>
                <pctVal>0.148044192506</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BOLIDEN AB</name>
                <lei>21380059QU7IM1ONDJ56</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="SE0020050417"/>
                </identifiers>
                <balance>21893</balance>
                <units>NS</units>
                <currencyConditional curCd="SEK" exchangeRt=".09499924"/>
                <valUSD>644951.67</valUSD>
                <pctVal>0.487519160899</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HUGO BOSS AG</name>
                <lei>529900LFVU534EBRXD13</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE000A1PHFF7"/>
                </identifiers>
                <balance>1981</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>160091.1</valUSD>
                <pctVal>0.121012910532</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>QIAGEN NV</name>
                <lei>54930036WK3GMCN17Z57</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NL0012169213"/>
                </identifiers>
                <balance>9804</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>459745.75</valUSD>
                <pctVal>0.347521950392</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>DSV A/S</name>
                <lei>529900X41C0BSLK67H70</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DK0060079531"/>
                </identifiers>
                <balance>7460</balance>
                <units>NS</units>
                <currencyConditional curCd="DKK" exchangeRt=".147549208"/>
                <valUSD>1493673.09</valUSD>
                <pctVal>1.129067936973</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DK</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>INFINEON TECHNOLOGIES AG</name>
                <lei>TSI2PJM6EPETEQ4X1U25</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0006231004"/>
                </identifiers>
                <balance>29754</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1308581.38</valUSD>
                <pctVal>0.989157057839</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>EBOS GROUP LTD</name>
                <lei>254900KJ40C7HBYTWC21</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="NZEBOE0001S6"/>
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                <balance>4787</balance>
                <units>NS</units>
                <currencyConditional curCd="NZD" exchangeRt=".621099881"/>
                <valUSD>114950.71</valUSD>
                <pctVal>0.086891276185</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>KDDI CORP</name>
                <lei>5299003FU7V4I45FU310</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3496400007"/>
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                <balance>40825</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1202488.65</valUSD>
                <pctVal>0.908961531395</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ARISTOCRAT LEISURE LTD</name>
                <lei>529900TE2HO3OZKYKC27</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000ALL7"/>
                </identifiers>
                <balance>46475</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>1229231.97</valUSD>
                <pctVal>0.929176815008</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>HITACHI CONSTRUCTION MACHINERY CO LTD</name>
                <lei>5493009B7C53PDH8W826</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J20244109</cusip>
                <identifiers>
                    <isin value="JP3787000003"/>
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                <balance>9077</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>271173.79</valUSD>
                <pctVal>0.204980349239</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>IBIDEN CO LTD</name>
                <lei>52990051DBFIQEY37C91</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J23059116</cusip>
                <identifiers>
                    <isin value="JP3148800000"/>
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                <balance>3500</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>212732.75</valUSD>
                <pctVal>0.160804749565</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</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 OSK LINES LTD</name>
                <lei>353800P8O843TMAZ6S09</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3362700001"/>
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                <balance>9600</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>248070.49</valUSD>
                <pctVal>0.187516557835</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SONIC HEALTHCARE LTD</name>
                <lei>549300NQQ5L2NONWR862</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000SHL7"/>
                </identifiers>
                <balance>11048</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>261441.84</valUSD>
                <pctVal>0.197623965313</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>EURAZEO SE</name>
                <lei>969500C656AA39O94N60</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0000121121"/>
                </identifiers>
                <balance>1864</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>113745.51</valUSD>
                <pctVal>0.085980265143</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TEMENOS AG</name>
                <lei>5067007NW6550481FH64</lei>
                <title>ORDINARY SHARES</title>
                <cusip>H8547Q107</cusip>
                <identifiers>
                    <isin value="CH0012453913"/>
                </identifiers>
                <balance>1561</balance>
                <units>NS</units>
                <currencyConditional curCd="CHF" exchangeRt="1.146723238"/>
                <valUSD>133823.01</valUSD>
                <pctVal>0.101156853418</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>GLANBIA PLC</name>
                <lei>635400SRMCBHVMSKJS84</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G39021103</cusip>
                <identifiers>
                    <isin value="IE0000669501"/>
                </identifiers>
                <balance>8468</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>131372.13</valUSD>
                <pctVal>0.099304232491</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>SNAM RETE GAS</name>
                <lei>8156002278562044AF79</lei>
                <title>ORDINARY SHARES</title>
                <cusip>T8578L107</cusip>
                <identifiers>
                    <isin value="IT0003153415"/>
                </identifiers>
                <balance>61855</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>325221.89</valUSD>
                <pctVal>0.245835324248</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NOMURA RESEARCH INSTITUTE</name>
                <lei>5299005F1HCVF4M4QN79</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3762800005"/>
                </identifiers>
                <balance>15400</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>437760.76</valUSD>
                <pctVal>0.330903489853</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TOKIO MARINE HOLDINGS INC</name>
                <lei>5299009QN2NZ191KLS29</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="JP3910660004"/>
                </identifiers>
                <balance>63045</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>1444513.55</valUSD>
                <pctVal>1.091908225935</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>FLUTTER ENTERTAINMENT PLC</name>
                <lei>635400EG4YIJLJMZJ782</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="IE00BWT6H894"/>
                </identifiers>
                <balance>4052</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>806540.46</valUSD>
                <pctVal>0.609664175752</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>INDEPENDENCE GOLD NL</name>
                <lei>2549005DZO8VGXM5QN07</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000IGO4"/>
                </identifiers>
                <balance>56439</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>524130.49</valUSD>
                <pctVal>0.396190394679</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>RENESAS ELECTRONICS CORP</name>
                <lei>5299000EPC47VJQOFB81</lei>
                <title>ORDINARY SHARES</title>
                <cusip>J4881U109</cusip>
                <identifiers>
                    <isin value="JP3164720009"/>
                </identifiers>
                <balance>29800</balance>
                <units>NS</units>
                <currencyConditional curCd="JPY" exchangeRt=".007029136"/>
                <valUSD>579695.33</valUSD>
                <pctVal>0.438191873910</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>YARA INTERNATIONAL ASA</name>
                <lei>213800WKOUWXWFJ5Z514</lei>
                <title>ORDINARY SHARES</title>
                <cusip>R0028D100</cusip>
                <identifiers>
                    <isin value="NO0010208051"/>
                </identifiers>
                <balance>3725</balance>
                <units>NS</units>
                <currencyConditional curCd="NOK" exchangeRt=".098667495"/>
                <valUSD>152307.09</valUSD>
                <pctVal>0.115128975037</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NO</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>NESTE OYJ</name>
                <lei>5493009GY1X8GQ66AM14</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FI0009013296"/>
                </identifiers>
                <balance>6361</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>234016.63</valUSD>
                <pctVal>0.176893240844</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>TECK RESOURCES LTD</name>
                <lei>T8KI5SQ2JRWHL7XY0E11</lei>
                <title>ORDINARY SHARES</title>
                <cusip>878742204</cusip>
                <identifiers>
                    <isin value="CA8787422044"/>
                </identifiers>
                <balance>2967</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>131823.81</valUSD>
                <pctVal>0.099645657539</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>LEGRAND SA</name>
                <lei>969500XXRPGD7HCAFA90</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="FR0010307819"/>
                </identifiers>
                <balance>10640</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1065984.1</valUSD>
                <pctVal>0.805777701085</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>EXPERIAN PLC</name>
                <lei>635400RXXHHYT1JTSZ26</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="GB00B19NLV48"/>
                </identifiers>
                <balance>13879</balance>
                <units>NS</units>
                <currencyConditional curCd="GBP" exchangeRt="1.283349439"/>
                <valUSD>535951.25</valUSD>
                <pctVal>0.405125710711</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>BRAMBLES LTD</name>
                <lei>N/A</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="AU000000BXB1"/>
                </identifiers>
                <balance>110836</balance>
                <units>NS</units>
                <currencyConditional curCd="AUD" exchangeRt=".671699938"/>
                <valUSD>1048010.38</valUSD>
                <pctVal>0.792191360744</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>AERCAP HOLDINGS NV</name>
                <lei>549300SZYINBBLJQU475</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N00985106</cusip>
                <identifiers>
                    <isin value="NL0000687663"/>
                </identifiers>
                <balance>8435</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>538237.35</valUSD>
                <pctVal>0.406853774387</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>VOLKSWAGEN AG</name>
                <lei>529900NNUPAGGOMPXZ31</lei>
                <title>PREFERRED</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="DE0007664039"/>
                </identifiers>
                <balance>8961</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.099500387"/>
                <valUSD>1187832.23</valUSD>
                <pctVal>0.897882739118</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EP</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>PUTNAM INVESTMENT FUNDS-PUTNAM GOVERNMENT MONEY MARKET FUND</name>
                <lei>549300SEUI2XMME8T893</lei>
                <title>SHORT TERM INV FUND</title>
                <cusip>74680A869</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="1823199"/>
                </identifiers>
                <balance>399198</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>399198</valUSD>
                <pctVal>0.301753887997</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>PF</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
        </invstOrSecs>
        <explntrNotes>
            <explntrNote note="For total return swaps, interest rate swaps or spread swaps, if any, the mark to market payment may be either paid or received, depending on the change in value of the underlying index, basket or equity. For credit default swaps, if any, floating rate index related payments are only made upon the occurrence of a credit event on the reference obligation." noteItem="C.11.f.i.2"/>
            <explntrNote note="For certain swaptions, if any, the value provided may include any unpaid or received premium and as a result may be a negative value." noteItem="C.2.c"/>
            <explntrNote note="For total return swaps, interest rate swaps or spread swaps, if any, the mark to market payment may be either received or paid, depending on the change in value of the underlying index, basket or equity. For credit default swaps, if any, floating rate index related payments are only made upon the occurrence of a credit event on the reference obligation." noteItem="C.11.f.i.1"/>
            <explntrNote note="Monthly total returns provided exclude any applicable sales loads or redemption fees. " noteItem="B.5.a"/>
        </explntrNotes>
        <signature>
            <ncom:dateSigned>2023-09-25</ncom:dateSigned>
            <ncom:nameOfApplicant>Putnam Investments Inc</ncom:nameOfApplicant>
            <ncom:signature>Janet C. Smith</ncom:signature>
            <ncom:signerName>NPORT</ncom:signerName>
            <ncom:title>Principal Financial Officer</ncom:title>
        </signature>
    </formData>
    <documents>XXXX</documents>
</edgarSubmission>
